E Fund Management (Hong Kong) Co., Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 22, 2025), E Fund Management (Hong Kong) Co., Ltd. reported 163 stock positions worth $125.4 million. Its top holding was PDD (PDD) at 31.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 13.0%) and Yum China (YUMC, 8.6%). Compared with Q3 2024, it opened 30 new positions, sold out of 30, added to 94 and reduced 35. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +15%) and the biggest sale PDD (PDD, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- CENTRAL, K3
- CIK
- 0001777469
- Portfolio Value
- $125.4M (Q4 2024)
- SEC Filing
- 0001777469-25-000001 ↗ filed Jan 22, 2025
Holdings Value
Holdings 163 stocks · $125.4M
| PDD PDD Holdings Inc. | 31.34% | 405,076 | $39.3M | Reduce -21.0% |
| IVV iShares Core S&P 500 ETF | 13.05% | 27,780 | $16.4M | Add +15.3% |
| YUMC Yum China Holdings Inc. | 8.56% | 222,743 | $10.7M | Reduce -22.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 8.40% | 17,974 | $10.5M | Add +13.2% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 5.48% | 372,846 | $6.9M | Reduce -21.9% |
| TME Tencent Music Entertainm-ADR | 3.96% | 437,513 | $5.0M | Reduce -21.1% |
| TLT iShares 20+ Year Treasury BD | 3.26% | 46,737 | $4.1M | Reduce -11.2% |
| HTHT H World Group Ltd.-ADR | 3.13% | 118,641 | $3.9M | Reduce -21.2% |
| VIPS Vipshop Holdings Ltd. - ADR | 2.14% | 199,070 | $2.7M | Reduce -27.4% |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 2.08% | 67,829 | $2.6M | Reduce -21.1% |
| TAL Tal Education Group- ADR | 1.92% | 240,168 | $2.4M | Reduce -21.1% |
| BZ Kanzhun Ltd. - ADR | 1.71% | 155,112 | $2.1M | Reduce -20.4% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 1.49% | 71,124 | $1.9M | Reduce -7.2% |
| VGLT Vanguard Long-Term Treasury | 1.49% | 33,648 | $1.9M | Reduce -13.7% |
| LEGN Legend Biotech Corp.-ADR | 1.12% | 43,080 | $1.4M | Reduce -19.8% |
| ATHM Autohome Inc.-ADR | 1.09% | 52,539 | $1.4M | Reduce -6.0% |
| TCOM Trip.com Group Ltd.-ADR | 0.99% | 18,140 | $1.2M | Reduce -45.1% |
| AVGO Broadcom Inc. | 0.56% | 3,017 | $699K | Add +147.7% |
| SOHU Sohu.com Ltd.-ADR | 0.48% | 45,559 | $600K | Add +129.7% |
| ZH Zhihu Inc. - ADR | 0.43% | 150,848 | $534K | Add +83.1% |
| VOO Vanguard S&P 500 ETF | 0.39% | 906 | $488K | New |
| AAPL Apple Inc. | 0.36% | 1,810 | $453K | Add +2162.5% |
| MSFT Microsoft Corp. | 0.36% | 1,069 | $451K | Add +45.8% |
| LX Lexinfintech Holdings L-ADR | 0.35% | 76,800 | $445K | New |
| HUYA Huya Inc.-ADR | 0.30% | 120,757 | $371K | New |
| AMZN Amazon.com Inc. | 0.25% | 1,423 | $312K | Add +22.9% |
| JOYY Joyy Inc.-ADR | 0.24% | 7,050 | $295K | Reduce -15.2% |
| NOW ServiceNow Inc. | 0.20% | 234 | $248K | Reduce -10.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.20% | 1,253 | $247K | Reduce -2.3% |
| META Meta Platforms Inc. Class A | 0.20% | 419 | $245K | Add +3.2% |
| MSCI MSCI Inc. | 0.17% | 350 | $210K | No change |
| MOMO Hello Group Inc. -SPN ADR | 0.15% | 24,678 | $190K | Reduce -41.7% |
| GOOG Alphabet Inc. Class C | 0.14% | 924 | $176K | Reduce -39.8% |
| NFLX Netflix Inc. | 0.13% | 185 | $165K | Add +285.4% |
| HIMX Himax Technologies Inc.-ADR | 0.13% | 20,437 | $164K | New |
| CRM Salesforce Inc. | 0.11% | 430 | $144K | Add +87.8% |
| DECK Deckers Outdoor Corp. | 0.11% | 687 | $140K | New |
| HWM Howmet Aerospace Inc. | 0.11% | 1,277 | $140K | Add +42.2% |
| DHR Danaher Corp. | 0.11% | 603 | $138K | Reduce -6.5% |
| MA Mastercard Inc. Class A | 0.11% | 261 | $137K | Add +41.9% |
| WMT Walmart Inc. | 0.11% | 1,516 | $137K | New |
| BSX Boston Scientific Corp. | 0.10% | 1,461 | $130K | Add +310.4% |
| DDOG Datadog Inc. Class A | 0.10% | 893 | $128K | Add +44550.0% |
| IT Gartner Inc. | 0.10% | 261 | $126K | No change |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.10% | 1,056 | $124K | Add +35100.0% |
| COST Costco Wholesale Corp. | 0.09% | 126 | $115K | Add +32.6% |
| QQQM Invesco Nasdaq 100 ETF | 0.09% | 545 | $115K | Add +713.4% |
| GE General Electric filed as GE AEROSPACE | 0.09% | 673 | $112K | No change |
| NVDA Nvidia Corp. | 0.09% | 801 | $108K | Reduce -64.6% |
| LLY Eli Lilly & Co. | 0.08% | 136 | $105K | New |
| VRSN Verisign Inc. | 0.08% | 508 | $105K | New |
| TER Teradyne Inc. | 0.08% | 825 | $104K | New |
| AS Amer Sports Inc. | 0.08% | 3,725 | $104K | New |
| AXON Axon Enterprise Inc. | 0.08% | 173 | $103K | Reduce -11.3% |
| CMG Chipotle Mexican Grill Inc. | 0.08% | 1,688 | $102K | Reduce -23.2% |
| CPRT Copart Inc. | 0.08% | 1,704 | $98K | Add +3.6% |
| BTI British American Tob-SP ADR | 0.07% | 2,417 | $88K | New |
| MNST Monster Beverage Corp. | 0.06% | 1,543 | $81K | Add +36.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.06% | 668 | $81K | No change |
| MCO Moody's Corp. | 0.06% | 169 | $80K | Add +52.3% |
| ROST Ross Stores Inc. | 0.06% | 484 | $73K | Add +24100.0% |
| EQT Eqt Corp. | 0.06% | 1,530 | $71K | New |
| JPM JPMorgan Chase & Co. | 0.06% | 297 | $71K | New |
| ALL Allstate Corp. | 0.06% | 361 | $70K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 1,592 | $70K | New |
| EXE Expand Energy Corp. | 0.06% | 707 | $70K | New |
| WB Weibo Corp.-Spon ADR | 0.06% | 7,295 | $70K | New |
| GEV GE Vernova Inc. | 0.06% | 211 | $69K | Reduce -48.3% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.05% | 852 | $68K | Reduce -69.9% |
| IDXX Idexx Laboratories Inc. | 0.05% | 164 | $68K | Add +182.8% |
| PGR Progressive Corp. | 0.05% | 281 | $67K | New |
| VRT Vertiv Holdings Co. Class A | 0.05% | 586 | $67K | New |
| SPGI S&P Global Inc. | 0.05% | 127 | $63K | Reduce -39.5% |
| BRBR Bellring Brands Inc. | 0.04% | 691 | $52K | New |
| COCO The Vita Coco Co. Inc. | 0.04% | 1,421 | $52K | New |
| TSLA Tesla Inc. | 0.04% | 118 | $48K | Reduce -44.9% |
| PANW Palo Alto Networks Inc. | 0.04% | 243 | $44K | Add +1925.0% |
| ROP Roper Technologies Inc. | 0.03% | 76 | $40K | Add +7500.0% |
| GOOGL Alphabet Inc. Class A | 0.03% | 198 | $37K | Add +518.8% |
| CSGP Costar Group Inc. | 0.03% | 516 | $37K | Add +17100.0% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.03% | 123 | $35K | New |
| MSI Motorola Solutions Inc. | 0.03% | 75 | $35K | Add +8.7% |
| WFC Wells Fargo & Co. | 0.03% | 496 | $35K | New |
| HLT Hilton Worldwide Holdings Inc. | 0.03% | 139 | $34K | New |
| BLDR Builders Firstsource Inc. | 0.03% | 233 | $33K | New |
| HD Home Depot Inc. | 0.03% | 86 | $33K | Reduce -44.2% |
| TMUS T-Mobile US Inc. | 0.02% | 93 | $21K | Add +416.7% |
| CSCO Cisco Systems Inc. | 0.02% | 321 | $19K | Add +417.7% |
| DXCM Dexcom Inc. | 0.02% | 247 | $19K | Add +8133.3% |
| PEP Pepsico Inc. | 0.01% | 110 | $17K | Add +400.0% |
| ADBE Adobe Inc. | 0.01% | 35 | $16K | Add +400.0% |
| AMD Advanced Micro Devices | 0.01% | 131 | $16K | Add +445.8% |
| BKNG Booking Holdings Inc. | 0.01% | 3 | $15K | New |
| ISRG Intuitive Surgical Inc. | 0.01% | 29 | $15K | Add +480.0% |
| INTU Intuit Inc. | 0.01% | 23 | $14K | Add +475.0% |
| QCOM Qualcomm Inc. | 0.01% | 89 | $14K | Add +423.5% |
| TXN Texas Instruments Inc. | 0.01% | 73 | $14K | Add +386.7% |
| PLTR Palantir Technologies Inc. Class A | 0.01% | 176 | $13K | New |
| CMCSA Comcast Corp. Class A | 0.01% | 307 | $12K | Add +403.3% |
| HON Honeywell International Inc. | 0.01% | 52 | $12K | Add +372.7% |
Portfolio Sells Q3 2024 → Q4 2024
| PDD PDD Holdings Inc. | Reduce -21.0% | 31.34% | −9.84 |
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −1.42 |
| IQ Iqiyi Inc.-ADR | Sold out | 0.00% | −0.59 |
| LEGN Legend Biotech Corp.-ADR | Reduce -19.8% | 1.12% | −0.44 |
| VIPS Vipshop Holdings Ltd. - ADR | Reduce -27.4% | 2.14% | −0.43 |
| BZ Kanzhun Ltd. - ADR | Reduce -20.4% | 1.71% | −0.31 |
| TAL Tal Education Group- ADR | Reduce -21.1% | 1.92% | −0.23 |
| HTHT H World Group Ltd.-ADR | Reduce -21.2% | 3.13% | −0.21 |
| BEKE Ke Holdings Inc.-ADR | Reduce -21.9% | 5.48% | −0.19 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -45.1% | 0.99% | −0.18 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -69.9% | 0.05% | −0.11 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.11 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.10 |
| NVDA Nvidia Corp. | Reduce -64.6% | 0.09% | −0.08 |
| SNPS Synopsys Inc. | Reduce -95.5% | 0.00% | −0.07 |
| FANG Diamondback Energy Inc. | Reduce -97.0% | 0.00% | −0.07 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.07 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.05 |
| LULU Lululemon Athletica Inc. | Reduce -97.5% | 0.00% | −0.05 |
| MANH Manhattan Associates Inc. | Sold out | 0.00% | −0.05 |
| ABNB Airbnb Inc. Class A | Reduce -95.7% | 0.00% | −0.05 |
| ONON On Holding AG Class A | Sold out | 0.00% | −0.05 |
| MELI MercadoLibre Inc. | Reduce -90.5% | 0.01% | −0.05 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.04 |
| MOMO Hello Group Inc. -SPN ADR | Reduce -41.7% | 0.15% | −0.04 |
| IBN Icici Bank Ltd.-Spon ADR | Sold out | 0.00% | −0.04 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.04 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.04 |
| TRI Thomson Reuters Corp. | Sold out | 0.00% | −0.04 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.04 |
| COP Conocophillips | Sold out | 0.00% | −0.03 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.03 |
| CP Canadian Pacific Kansas City | Sold out | 0.00% | −0.03 |
| NIO Nio Inc. - ADR | Sold out | 0.00% | −0.03 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.02 |
| UL Unilever PLC | Sold out | 0.00% | −0.02 |
| TME Tencent Music Entertainm-ADR | Reduce -21.1% | 3.96% | −0.02 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.02 |
| RACE Ferrari NV | Sold out | 0.00% | −0.02 |
| SPGI S&P Global Inc. | Reduce -39.5% | 0.05% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -39.8% | 0.14% | −0.01 |
| HD Home Depot Inc. | Reduce -44.2% | 0.03% | −0.01 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.01 |
| GEV GE Vernova Inc. | Reduce -48.3% | 0.06% | −0.01 |
| ORLY O'reilly Automotive Inc. | Reduce -73.3% | 0.00% | −0.01 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.00 |
| LIN Linde PLC | Sold out | 0.00% | −0.00 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.00 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | 0.00 |
| ILMN Illumina Inc. | Sold out | 0.00% | 0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| IVV iShares Core S&P 500 ETF | Add +15.3% | 13.05% | +4.76 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +13.2% | 8.40% | +2.97 |
| AVGO Broadcom Inc. | Add +147.7% | 0.56% | +0.43 |
| VOO Vanguard S&P 500 ETF | New | 0.39% | +0.39 |
| LX Lexinfintech Holdings L-ADR | New | 0.35% | +0.35 |
| AAPL Apple Inc. | Add +2162.5% | 0.36% | +0.35 |
| HUYA Huya Inc.-ADR | New | 0.30% | +0.30 |
| SOHU Sohu.com Ltd.-ADR | Add +129.7% | 0.48% | +0.29 |
| ZH Zhihu Inc. - ADR | Add +83.1% | 0.43% | +0.24 |
| MSFT Microsoft Corp. | Add +45.8% | 0.36% | +0.17 |
| HIMX Himax Technologies Inc.-ADR | New | 0.13% | +0.13 |
| AMZN Amazon.com Inc. | Add +22.9% | 0.25% | +0.12 |
| DECK Deckers Outdoor Corp. | New | 0.11% | +0.11 |
| NFLX Netflix Inc. | Add +285.4% | 0.13% | +0.11 |
| WMT Walmart Inc. | New | 0.11% | +0.11 |
| DDOG Datadog Inc. Class A | Add +44550.0% | 0.10% | +0.10 |
| TTD Trade Desk Inc./the Class A | Add +35100.0% | 0.10% | +0.10 |
| BSX Boston Scientific Corp. | Add +310.4% | 0.10% | +0.09 |
| QQQM Invesco Nasdaq 100 ETF | Add +713.4% | 0.09% | +0.08 |
| LLY Eli Lilly & Co. | New | 0.08% | +0.08 |
| VRSN Verisign Inc. | New | 0.08% | +0.08 |
| TER Teradyne Inc. | New | 0.08% | +0.08 |
| AS Amer Sports Inc. | New | 0.08% | +0.08 |
| CRM Salesforce Inc. | Add +87.8% | 0.11% | +0.08 |
| BTI British American Tob-SP ADR | New | 0.07% | +0.07 |
| ROST Ross Stores Inc. | Add +24100.0% | 0.06% | +0.06 |
| HWM Howmet Aerospace Inc. | Add +42.2% | 0.11% | +0.06 |
| META Meta Platforms Inc. Class A | Add +3.2% | 0.20% | +0.06 |
| EQT Eqt Corp. | New | 0.06% | +0.06 |
| JPM JPMorgan Chase & Co. | New | 0.06% | +0.06 |
| ALL Allstate Corp. | New | 0.06% | +0.06 |
| BAC Bank of America Corp. | New | 0.06% | +0.06 |
| EXE Expand Energy Corp. | New | 0.06% | +0.06 |
| WB Weibo Corp.-Spon ADR | New | 0.06% | +0.06 |
| MA Mastercard Inc. Class A | Add +41.9% | 0.11% | +0.06 |
| PGR Progressive Corp. | New | 0.05% | +0.05 |
| VRT Vertiv Holdings Co. Class A | New | 0.05% | +0.05 |
| COST Costco Wholesale Corp. | Add +32.6% | 0.09% | +0.04 |
| BRBR Bellring Brands Inc. | New | 0.04% | +0.04 |
| COCO The Vita Coco Co. Inc. | New | 0.04% | +0.04 |
| IDXX Idexx Laboratories Inc. | Add +182.8% | 0.05% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +1925.0% | 0.04% | +0.03 |
| MCO Moody's Corp. | Add +52.3% | 0.06% | +0.03 |
| ROP Roper Technologies Inc. | Add +7500.0% | 0.03% | +0.03 |
| CSGP Costar Group Inc. | Add +17100.0% | 0.03% | +0.03 |
| MNST Monster Beverage Corp. | Add +36.2% | 0.06% | +0.03 |
| AJG Arthur J Gallagher & Co. | New | 0.03% | +0.03 |
| WFC Wells Fargo & Co. | New | 0.03% | +0.03 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.03% | +0.03 |
| CPRT Copart Inc. | Add +3.6% | 0.08% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 549 | $301.5M | IVV, PDD, NVDA, SPY, AAPL |
| Q1 2026 | 491 | $219.9M | IVV, PDD, NVDA, SPY, AAPL |
| Q4 2025 | 396 | $297.5M | YUMC, PDD, IVV, SPY, NVDA |
| Q3 2025 | 355 | $164.3M | PDD, IVV, SPY, NVDA, YUMC |
| Q2 2025 | 147 | $104.0M | PDD, IVV, SPY, YUMC, TME |
| Q1 2025 | 158 | $111.6M | PDD, IVV, SPY, YUMC, BEKE |
| Q4 2024 | 163 | $125.4M | PDD, IVV, YUMC, SPY, BEKE |
| Q3 2024 | 163 | $167.8M | PDD, IVV, YUMC, BEKE, SPY |
| Q2 2024 | 145 | $163.2M | PDD, IVV, YUMC, SPY, TME |
| Q1 2024 | 75 | $152.7M | PDD, YUMC, IVV, BEKE, ZTO |