E Fund Management (Hong Kong) Co., Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), E Fund Management (Hong Kong) Co., Ltd. reported 147 stock positions worth $104.0 million. Its top holding was PDD (PDD) at 28.4% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 19.0%) and SS SPDR S&P 500 ETF Trust-US (SPY, 9.6%). Compared with Q1 2025, it opened 19 new positions, sold out of 30, added to 34 and reduced 28. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +7%) and the biggest sale an exit from Ke Holdings Inc.-ADR (BEKE).
- Most Recent 13F
- Q2 2026
- Location
- CENTRAL, K3
- CIK
- 0001777469
- Portfolio Value
- $104.0M (Q2 2025)
- SEC Filing
- 0001777469-25-000003 ↗ filed Jul 24, 2025
Holdings Value
Holdings 147 stocks · $104.0M
| PDD PDD Holdings Inc. | 28.44% | 282,634 | $29.6M | Add +0.4% |
| IVV iShares Core S&P 500 ETF | 19.01% | 31,844 | $19.8M | Add +7.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 9.63% | 16,209 | $10.0M | Reduce -4.2% |
| YUMC Yum China Holdings Inc. | 6.55% | 152,454 | $6.8M | Reduce -0.9% |
| TME Tencent Music Entertainm-ADR | 5.72% | 305,342 | $6.0M | Add +0.1% |
| HTHT H World Group Ltd.-ADR | 2.70% | 82,800 | $2.8M | Reduce -1.6% |
| BZ Kanzhun Ltd. - ADR | 2.04% | 118,682 | $2.1M | Add +10.8% |
| VIPS Vipshop Holdings Ltd. - ADR | 1.93% | 133,271 | $2.0M | Add +0.5% |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 1.78% | 42,783 | $1.9M | Reduce -9.5% |
| TAL Tal Education Group- ADR | 1.65% | 167,614 | $1.7M | Add +0.1% |
| ATHM Autohome Inc.-ADR | 1.39% | 56,220 | $1.4M | Add +40.5% |
| NVDA Nvidia Corp. | 0.95% | 6,258 | $989K | Add +39.8% |
| MSFT Microsoft Corp. | 0.94% | 1,966 | $978K | Add +19.8% |
| LEGN Legend Biotech Corp.-ADR | 0.89% | 26,132 | $927K | Reduce -12.7% |
| SOHU Sohu.com Ltd.-ADR | 0.88% | 68,476 | $911K | Add +7.5% |
| AVGO Broadcom Inc. | 0.75% | 2,831 | $780K | Add +94.4% |
| ZH Zhihu Inc. - ADR | 0.75% | 195,463 | $778K | Add +72.8% |
| JOYY Joyy Inc.-ADR | 0.74% | 15,217 | $775K | Reduce -22.9% |
| MOMO Hello Group Inc. -SPN ADR | 0.73% | 90,227 | $762K | Reduce -19.1% |
| TLT iShares 20+ Year Treasury BD | 0.70% | 8,218 | $725K | Reduce -42.6% |
| AMZN Amazon.com Inc. | 0.59% | 2,803 | $615K | Add +25.8% |
| AAPL Apple Inc. | 0.56% | 2,819 | $578K | Reduce -12.8% |
| META Meta Platforms Inc. Class A | 0.51% | 722 | $533K | Add +4.9% |
| VOO Vanguard S&P 500 ETF | 0.51% | 935 | $531K | Reduce -33.1% |
| NFLX Netflix Inc. | 0.41% | 317 | $425K | Reduce -1.6% |
| RERE Atrenew Inc. | 0.39% | 122,540 | $406K | New |
| YALA Yalla Group Ltd. | 0.37% | 56,442 | $380K | Reduce -54.2% |
| WDH Waterdrop Inc. | 0.36% | 275,323 | $372K | New |
| CMCM Cheetah Mobile Inc. - ADR | 0.32% | 71,363 | $334K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.28% | 1,289 | $292K | New |
| NOW ServiceNow Inc. | 0.26% | 259 | $266K | New |
| AMD Advanced Micro Devices | 0.25% | 1,841 | $261K | Add +142.6% |
| GOOG Alphabet Inc. Class C | 0.25% | 1,446 | $257K | Reduce -15.5% |
| TSLA Tesla Inc. | 0.21% | 674 | $214K | Reduce -2.6% |
| COST Costco Wholesale Corp. | 0.19% | 200 | $198K | Reduce -3.9% |
| GOOGL Alphabet Inc. Class A | 0.19% | 1,111 | $196K | No change |
| DASH DoorDash Inc. Class A | 0.19% | 786 | $194K | Add +509.3% |
| SE Sea Ltd.-ADR | 0.17% | 1,101 | $176K | Add +11.0% |
| ARM Arm Holdings PLC-ADR | 0.17% | 1,064 | $172K | Add +3029.4% |
| DDOG Datadog Inc. Class A | 0.16% | 1,271 | $171K | Add +2298.1% |
| VRT Vertiv Holdings Co. Class A | 0.15% | 1,191 | $153K | New |
| CELH Celsius Holdings Inc. | 0.14% | 3,190 | $148K | New |
| RBLX Roblox Corp. Class A | 0.14% | 1,395 | $147K | New |
| ORCL Oracle Corp. | 0.14% | 664 | $145K | New |
| GE General Electric filed as GE AEROSPACE | 0.14% | 563 | $145K | Add +45.5% |
| CYD China Yuchai Intl Ltd. | 0.14% | 6,013 | $144K | New |
| PLTR Palantir Technologies Inc. Class A | 0.14% | 1,054 | $144K | No change |
| JCI Johnson Controls Internation | 0.13% | 1,317 | $139K | New |
| RBRK Rubrik Inc. Class A | 0.13% | 1,520 | $136K | New |
| BTI British American Tob-SP ADR | 0.13% | 2,871 | $136K | Add +9.9% |
| SAP Sap SE-Sponsored ADR | 0.13% | 445 | $135K | Add +124.8% |
| CSCO Cisco Systems Inc. | 0.12% | 1,864 | $129K | No change |
| TMUS T-Mobile US Inc. | 0.12% | 535 | $127K | No change |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.11% | 927 | $115K | Reduce -59.3% |
| LIN Linde PLC | 0.10% | 222 | $104K | No change |
| INTU Intuit Inc. | 0.10% | 131 | $103K | No change |
| JFIN Jiayin Group Inc.-ADR | 0.10% | 6,243 | $100K | New |
| EXE Expand Energy Corp. | 0.09% | 837 | $98K | Reduce -15.4% |
| MSCI MSCI Inc. | 0.09% | 169 | $97K | Reduce -12.0% |
| BKNG Booking Holdings Inc. | 0.09% | 16 | $93K | No change |
| ISRG Intuitive Surgical Inc. | 0.09% | 167 | $91K | No change |
| TXN Texas Instruments Inc. | 0.09% | 427 | $89K | No change |
| PEP Pepsico Inc. | 0.08% | 643 | $85K | No change |
| RCL Royal Caribbean Cruises Ltd. | 0.08% | 264 | $83K | New |
| QCOM Qualcomm Inc. | 0.08% | 518 | $82K | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.08% | 362 | $82K | Reduce -74.6% |
| ADBE Adobe Inc. | 0.08% | 204 | $79K | No change |
| CCJ Cameco Corp. | 0.07% | 1,040 | $77K | New |
| RDDT Reddit Inc. Class A | 0.07% | 506 | $76K | New |
| HOOD Robinhood Markets Inc. Class A | 0.07% | 801 | $75K | New |
| COIN Coinbase Global Inc. Class A | 0.07% | 206 | $72K | New |
| HON Honeywell International Inc. | 0.07% | 305 | $71K | No change |
| AMGN Amgen Inc. | 0.07% | 252 | $70K | No change |
| AMAT Applied Materials Inc. | 0.07% | 381 | $70K | No change |
| MU Micron Technology Inc. | 0.07% | 552 | $68K | No change |
| AXON Axon Enterprise Inc. | 0.07% | 82 | $68K | Add +272.7% |
| PANW Palo Alto Networks Inc. | 0.06% | 330 | $68K | No change |
| SPGI S&P Global Inc. | 0.06% | 124 | $65K | Reduce -40.7% |
| GILD Gilead Sciences Inc. | 0.06% | 584 | $65K | No change |
| CMCSA Comcast Corp. Class A | 0.06% | 1,767 | $63K | No change |
| MELI MercadoLibre Inc. | 0.06% | 24 | $63K | Add +26.3% |
| KLAC KLA Corp. | 0.06% | 69 | $62K | No change |
| LRCX Lam Research Corp. | 0.06% | 621 | $60K | No change |
| ADP Automatic Data Processing | 0.06% | 196 | $60K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.06% | 116 | $59K | Add +50.6% |
| SHOP Shopify Inc. Class A | 0.06% | 500 | $58K | New |
| ADI Analog Devices Inc. | 0.06% | 242 | $58K | No change |
| VRTX Vertex Pharmaceuticals Inc. | 0.05% | 120 | $53K | No change |
| APP AppLovin Corp. Class A | 0.05% | 150 | $53K | No change |
| SBUX Starbucks Corp. | 0.05% | 562 | $51K | No change |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.05% | 118 | $48K | Add +57.3% |
| INTC Intel Corp. | 0.05% | 2,099 | $47K | Reduce -94.1% |
| CTAS Cintas Corp. | 0.04% | 209 | $47K | No change |
| ORLY O'reilly Automotive Inc. | 0.04% | 450 | $41K | Reduce -70.9% |
| MDLZ Mondelez International Inc. Class A | 0.04% | 601 | $41K | Add +37.2% |
| CDNS Cadence Design SYS Inc. | 0.04% | 127 | $39K | Add +41.1% |
| CEG Constellation Energy | 0.04% | 117 | $38K | No change |
| FTNT Fortinet Inc. | 0.04% | 355 | $38K | Add +41.4% |
| ADSK Autodesk Inc. | 0.03% | 99 | $31K | Add +67.8% |
| ROP Roper Technologies Inc. | 0.03% | 50 | $28K | Reduce -20.6% |
Portfolio Sells Q1 2025 → Q2 2025
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −5.08 |
| ATAT Atour Lifestyle Holdings-ADR | Sold out | 0.00% | −0.92 |
| LX Lexinfintech Holdings L-ADR | Sold out | 0.00% | −0.69 |
| INTC Intel Corp. | Reduce -94.1% | 0.05% | −0.68 |
| YUMC Yum China Holdings Inc. | Reduce -0.9% | 6.55% | −0.62 |
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −0.50 |
| TLT iShares 20+ Year Treasury BD | Reduce -42.6% | 0.70% | −0.47 |
| TLH iShares 10-20 Year Treasury | Sold out | 0.00% | −0.33 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Sold out | 0.00% | −0.33 |
| YALA Yalla Group Ltd. | Reduce -54.2% | 0.37% | −0.21 |
| YMM Full Truck Alliance -SPN ADR | Sold out | 0.00% | −0.20 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -74.6% | 0.08% | −0.17 |
| OCFT Oneconnect Financial Techno | Sold out | 0.00% | −0.16 |
| VOO Vanguard S&P 500 ETF | Reduce -33.1% | 0.51% | −0.13 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.13 |
| QFIN Qfin Holdings Inc.-ADR | Reduce -9.5% | 1.78% | −0.12 |
| AWK American Water Works Co. Inc. | Sold out | 0.00% | −0.10 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -59.3% | 0.11% | −0.10 |
| TW Tradeweb Markets Inc. Class A | Sold out | 0.00% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.10 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.10 |
| MMYT Makemytrip Ltd. | Sold out | 0.00% | −0.10 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.09 |
| ORLY O'reilly Automotive Inc. | Reduce -70.9% | 0.04% | −0.09 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.09 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.09 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.09 |
| HTHT H World Group Ltd.-ADR | Reduce -1.6% | 2.70% | −0.09 |
| MNST Monster Beverage Corp. | Reduce -84.8% | 0.02% | −0.09 |
| AAPL Apple Inc. | Reduce -12.8% | 0.56% | −0.09 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.08 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.07 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.07 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.07 |
| CCG Cheche Group Inc. | Sold out | 0.00% | −0.06 |
| CPRT Copart Inc. | Reduce -74.4% | 0.01% | −0.05 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.05 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.05 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.05 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.05 |
| SPGI S&P Global Inc. | Reduce -40.7% | 0.06% | −0.03 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.03 |
| IDXX Idexx Laboratories Inc. | Reduce -67.5% | 0.02% | −0.02 |
| LEGN Legend Biotech Corp.-ADR | Reduce -12.7% | 0.89% | −0.02 |
| KOF Coca-Cola Femsa Sab-SP ADR | Sold out | 0.00% | −0.02 |
| KHC The Kraft Heinz Co. | Reduce -56.8% | 0.01% | −0.01 |
| EA Electronic Arts Inc. | Reduce -49.3% | 0.01% | −0.01 |
| ROP Roper Technologies Inc. | Reduce -20.6% | 0.03% | −0.01 |
| EXE Expand Energy Corp. | Reduce -15.4% | 0.09% | −0.00 |
| MSCI MSCI Inc. | Reduce -12.0% | 0.09% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| IVV iShares Core S&P 500 ETF | Add +7.0% | 19.01% | +4.02 |
| TME Tencent Music Entertainm-ADR | Add +0.1% | 5.72% | +1.78 |
| AVGO Broadcom Inc. | Add +94.4% | 0.75% | +0.53 |
| NVDA Nvidia Corp. | Add +39.8% | 0.95% | +0.52 |
| ATHM Autohome Inc.-ADR | Add +40.5% | 1.39% | +0.40 |
| RERE Atrenew Inc. | New | 0.39% | +0.39 |
| MSFT Microsoft Corp. | Add +19.8% | 0.94% | +0.39 |
| WDH Waterdrop Inc. | New | 0.36% | +0.36 |
| ZH Zhihu Inc. - ADR | Add +72.8% | 0.75% | +0.32 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.28% | +0.28 |
| NOW ServiceNow Inc. | New | 0.26% | +0.26 |
| AMZN Amazon.com Inc. | Add +25.8% | 0.59% | +0.21 |
| BZ Kanzhun Ltd. - ADR | Add +10.8% | 2.04% | +0.19 |
| AMD Advanced Micro Devices | Add +142.6% | 0.25% | +0.18 |
| DASH DoorDash Inc. Class A | Add +509.3% | 0.19% | +0.16 |
| ARM Arm Holdings PLC-ADR | Add +3029.4% | 0.17% | +0.16 |
| DDOG Datadog Inc. Class A | Add +2298.1% | 0.16% | +0.16 |
| META Meta Platforms Inc. Class A | Add +4.9% | 0.51% | +0.16 |
| VRT Vertiv Holdings Co. Class A | New | 0.15% | +0.15 |
| CELH Celsius Holdings Inc. | New | 0.14% | +0.14 |
| RBLX Roblox Corp. Class A | New | 0.14% | +0.14 |
| ORCL Oracle Corp. | New | 0.14% | +0.14 |
| CYD China Yuchai Intl Ltd. | New | 0.14% | +0.14 |
| JCI Johnson Controls Internation | New | 0.13% | +0.13 |
| RBRK Rubrik Inc. Class A | New | 0.13% | +0.13 |
| SOHU Sohu.com Ltd.-ADR | Add +7.5% | 0.88% | +0.12 |
| JFIN Jiayin Group Inc.-ADR | New | 0.10% | +0.10 |
| SAP Sap SE-Sponsored ADR | Add +124.8% | 0.13% | +0.08 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.08% | +0.08 |
| CCJ Cameco Corp. | New | 0.07% | +0.07 |
| RDDT Reddit Inc. Class A | New | 0.07% | +0.07 |
| HOOD Robinhood Markets Inc. Class A | New | 0.07% | +0.07 |
| GE General Electric | Add +45.5% | 0.14% | +0.07 |
| COIN Coinbase Global Inc. Class A | New | 0.07% | +0.07 |
| VIPS Vipshop Holdings Ltd. - ADR | Add +0.5% | 1.93% | +0.06 |
| SHOP Shopify Inc. Class A | New | 0.06% | +0.06 |
| AXON Axon Enterprise Inc. | Add +272.7% | 0.07% | +0.05 |
| SE Sea Ltd.-ADR | Add +11.0% | 0.17% | +0.05 |
| BTI British American Tob-SP ADR | Add +9.9% | 0.13% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +50.6% | 0.06% | +0.03 |
| MELI MercadoLibre Inc. | Add +26.3% | 0.06% | +0.03 |
| MSTR Strategy Inc. | Add +57.3% | 0.05% | +0.03 |
| CCEP Coca-Cola Europacific Partne | New | 0.02% | +0.02 |
| CDNS Cadence Design SYS Inc. | Add +41.1% | 0.04% | +0.02 |
| ZS Zscaler Inc. | Add +157.1% | 0.02% | +0.02 |
| ADSK Autodesk Inc. | Add +67.8% | 0.03% | +0.02 |
| FTNT Fortinet Inc. | Add +41.4% | 0.04% | +0.01 |
| MCHP Microchip Technology Inc. | Add +174.7% | 0.02% | +0.01 |
| ABNB Airbnb Inc. Class A | Add +70.9% | 0.03% | +0.01 |
| MDLZ Mondelez International Inc. Class A | Add +37.2% | 0.04% | +0.01 |
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 |