E Fund Management (Hong Kong) Co., Ltd.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 23, 2025), E Fund Management (Hong Kong) Co., Ltd. reported 355 stock positions worth $164.3 million. Its top holding was PDD (PDD) at 23.2% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 14.1%) and SS SPDR S&P 500 ETF Trust-US (SPY, 6.3%). Compared with Q2 2025, it opened 221 new positions, sold out of 12, added to 108 and reduced 20. The biggest buy was Nvidia (NVDA, shares +560%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- CENTRAL, K3
- CIK
- 0001777469
- Portfolio Value
- $164.3M (Q3 2025)
- SEC Filing
- 0001777469-25-000006 ↗ filed Oct 23, 2025
Holdings Value
Holdings 355 stocks · $164.3M
| PDD PDD Holdings Inc. | 23.22% | 288,652 | $38.2M | Add +2.1% |
| IVV iShares Core S&P 500 ETF | 14.13% | 34,693 | $23.2M | Add +8.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 6.31% | 15,570 | $10.4M | Reduce -3.9% |
| NVDA Nvidia Corp. | 4.69% | 41,275 | $7.7M | Add +559.6% |
| YUMC Yum China Holdings Inc. | 4.02% | 150,700 | $6.6M | Reduce -1.1% |
| MSFT Microsoft Corp. | 3.94% | 12,511 | $6.5M | Add +536.4% |
| AAPL Apple Inc. | 3.82% | 24,659 | $6.3M | Add +774.7% |
| TME Tencent Music Entertainm-ADR | 3.31% | 232,647 | $5.4M | Reduce -23.8% |
| AMZN Amazon.com Inc. | 2.25% | 16,807 | $3.7M | Add +499.6% |
| BZ Kanzhun Ltd. - ADR | 2.13% | 149,871 | $3.5M | Add +26.3% |
| AVGO Broadcom Inc. | 1.98% | 9,851 | $3.2M | Add +248.0% |
| HTHT H World Group Ltd.-ADR | 1.93% | 80,984 | $3.2M | Reduce -2.2% |
| META Meta Platforms Inc. Class A | 1.71% | 3,833 | $2.8M | Add +430.9% |
| VIPS Vipshop Holdings Ltd. - ADR | 1.59% | 133,271 | $2.6M | No change |
| TSLA Tesla Inc. | 1.58% | 5,839 | $2.6M | Add +766.3% |
| GOOGL Alphabet Inc. Class A | 1.39% | 9,391 | $2.3M | Add +745.3% |
| GOOG Alphabet Inc. Class C | 1.31% | 8,860 | $2.2M | Add +512.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.21% | 7,089 | $2.0M | Add +450.0% |
| TAL Tal Education Group- ADR | 1.14% | 167,614 | $1.9M | No change |
| SOHU Sohu.com Ltd.-ADR | 1.12% | 117,575 | $1.8M | Add +71.7% |
| QQQM Invesco Nasdaq 100 ETF | 0.86% | 5,695 | $1.4M | Add +1473.2% |
| HTT High Templar Tech Limited filed as QUDIAN INC | 0.82% | 317,409 | $1.4M | New |
| ATHM Autohome Inc.-ADR | 0.79% | 45,279 | $1.3M | Reduce -19.5% |
| NFLX Netflix Inc. | 0.72% | 992 | $1.2M | Add +212.9% |
| ZH Zhihu Inc. - ADR | 0.72% | 233,379 | $1.2M | Add +19.4% |
| QFIN Qfin Holdings Inc.-ADR | 0.72% | 40,936 | $1.2M | Reduce -4.3% |
| DSX Diana Shipping Inc. | 0.66% | 647,717 | $1.1M | New |
| LEGN Legend Biotech Corp.-ADR | 0.59% | 29,922 | $976K | Add +14.5% |
| PLTR Palantir Technologies Inc. Class A | 0.52% | 4,725 | $862K | Add +348.3% |
| ORCL Oracle Corp. | 0.48% | 2,783 | $783K | Add +319.1% |
| TLT iShares 20+ Year Treasury BD | 0.45% | 8,218 | $734K | No change |
| JOYY Joyy Inc.-ADR | 0.43% | 12,078 | $708K | Reduce -20.6% |
| MOMO Hello Group Inc. -SPN ADR | 0.36% | 80,321 | $596K | Reduce -11.0% |
| CSCO Cisco Systems Inc. | 0.36% | 8,539 | $584K | Add +358.1% |
| VOO Vanguard S&P 500 ETF | 0.35% | 935 | $573K | No change |
| AMD Advanced Micro Devices | 0.34% | 3,459 | $560K | Add +87.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.34% | 569 | $551K | Add +1862.1% |
| API Agora Inc.-ADR | 0.32% | 138,392 | $529K | New |
| SB Safe Bulkers Inc. | 0.32% | 117,536 | $522K | New |
| DQ Daqo New Energy Corp.-ADR | 0.31% | 18,378 | $517K | New |
| NOW ServiceNow Inc. | 0.26% | 464 | $427K | Add +79.2% |
| COST Costco Wholesale Corp. | 0.21% | 380 | $352K | Add +90.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 1,185 | $334K | New |
| UNH Unitedhealth Group Inc. | 0.19% | 893 | $308K | New |
| HUYA Huya Inc.-ADR | 0.19% | 92,379 | $308K | New |
| APP AppLovin Corp. Class A | 0.18% | 406 | $292K | Add +170.7% |
| CRM Salesforce Inc. | 0.17% | 1,189 | $282K | New |
| DASH DoorDash Inc. Class A | 0.16% | 951 | $259K | Add +21.0% |
| UBER Uber Technologies Inc. | 0.15% | 2,565 | $251K | New |
| TMUS T-Mobile US Inc. | 0.13% | 896 | $214K | Add +67.5% |
| PEP Pepsico Inc. | 0.11% | 1,318 | $185K | Add +105.0% |
| LIN Linde PLC | 0.11% | 389 | $185K | Add +75.2% |
| INTU Intuit Inc. | 0.10% | 248 | $169K | Add +89.3% |
| MU Micron Technology Inc. | 0.10% | 997 | $167K | Add +80.6% |
| CAT Caterpillar Inc. | 0.10% | 344 | $164K | New |
| RBLX Roblox Corp. Class A | 0.10% | 1,173 | $162K | Reduce -15.9% |
| URI United Rentals Inc. | 0.10% | 170 | $162K | New |
| VRT Vertiv Holdings Co. Class A | 0.10% | 1,072 | $162K | Reduce -10.0% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.10% | 913 | $159K | Reduce -1.5% |
| SHOP Shopify Inc. Class A | 0.10% | 1,056 | $157K | Add +111.2% |
| LRCX Lam Research Corp. | 0.10% | 1,166 | $156K | Add +87.8% |
| JCI Johnson Controls Internation | 0.09% | 1,387 | $153K | Add +5.3% |
| BKNG Booking Holdings Inc. | 0.09% | 28 | $151K | Add +75.0% |
| HD Home Depot Inc. | 0.09% | 369 | $150K | New |
| QCOM Qualcomm Inc. | 0.09% | 897 | $149K | Add +73.2% |
| ISRG Intuitive Surgical Inc. | 0.09% | 321 | $144K | Add +92.2% |
| U Unity Software Inc. | 0.09% | 3,578 | $143K | New |
| CELH Celsius Holdings Inc. | 0.09% | 2,490 | $143K | Reduce -21.9% |
| HOOD Robinhood Markets Inc. Class A | 0.08% | 962 | $138K | Add +20.1% |
| AMAT Applied Materials Inc. | 0.08% | 662 | $136K | Add +73.8% |
| INTC Intel Corp. | 0.08% | 3,914 | $131K | Add +86.5% |
| HON Honeywell International Inc. | 0.08% | 618 | $130K | Add +102.6% |
| TXN Texas Instruments Inc. | 0.08% | 680 | $125K | Add +59.3% |
| ADBE Adobe Inc. | 0.08% | 352 | $124K | Add +72.5% |
| GILD Gilead Sciences Inc. | 0.08% | 1,117 | $124K | Add +91.3% |
| AMGN Amgen Inc. | 0.08% | 439 | $124K | Add +74.2% |
| KLAC KLA Corp. | 0.07% | 106 | $114K | Add +53.6% |
| SE Sea Ltd.-ADR | 0.07% | 613 | $110K | Reduce -44.3% |
| PANW Palo Alto Networks Inc. | 0.07% | 538 | $110K | Add +63.0% |
| ADI Analog Devices Inc. | 0.06% | 421 | $103K | Add +74.0% |
| ADP Automatic Data Processing | 0.06% | 351 | $103K | Add +79.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.06% | 199 | $98K | Add +71.5% |
| CMCSA Comcast Corp. Class A | 0.06% | 3,050 | $96K | Add +72.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.06% | 244 | $96K | Add +103.3% |
| MELI MercadoLibre Inc. | 0.06% | 40 | $93K | Add +66.7% |
| TSEM Tower Semiconductor Ltd. | 0.06% | 1,278 | $92K | New |
| SNDK Sandisk Corp. | 0.06% | 811 | $91K | New |
| CEG Constellation Energy | 0.05% | 269 | $89K | Add +129.9% |
| GRAB Grab Holdings Ltd. Class A | 0.05% | 14,326 | $86K | New |
| CDNS Cadence Design SYS Inc. | 0.05% | 244 | $86K | Add +92.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.05% | 1,646 | $85K | New |
| NEM Newmont Corp. | 0.05% | 1,004 | $85K | New |
| SBUX Starbucks Corp. | 0.05% | 988 | $84K | Add +75.8% |
| COIN Coinbase Global Inc. Class A | 0.05% | 241 | $81K | Add +17.0% |
| ORLY O'reilly Automotive Inc. | 0.05% | 746 | $80K | Add +65.8% |
| CTAS Cintas Corp. | 0.05% | 389 | $80K | Add +86.1% |
| SNPS Synopsys Inc. | 0.05% | 157 | $77K | Add +207.8% |
| MSTR Strategy Inc. | 0.05% | 235 | $76K | Add +99.2% |
| CSX CSX Corp. | 0.04% | 2,005 | $71K | Add +170.6% |
| MDLZ Mondelez International Inc. Class A | 0.04% | 1,112 | $69K | Add +85.0% |
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.9% | 6.31% | −3.31 |
| YUMC Yum China Holdings Inc. | Reduce -1.1% | 4.02% | −2.53 |
| TME Tencent Music Entertainm-ADR | Reduce -23.8% | 3.31% | −2.42 |
| QFIN Qfin Holdings Inc.-ADR | Reduce -4.3% | 0.72% | −1.07 |
| HTHT H World Group Ltd.-ADR | Reduce -2.2% | 1.93% | −0.77 |
| ATHM Autohome Inc.-ADR | Reduce -19.5% | 0.79% | −0.61 |
| RERE Atrenew Inc. | Sold out | 0.00% | −0.39 |
| MOMO Hello Group Inc. -SPN ADR | Reduce -11.0% | 0.36% | −0.37 |
| YALA Yalla Group Ltd. | Sold out | 0.00% | −0.37 |
| WDH Waterdrop Inc. | Sold out | 0.00% | −0.36 |
| CMCM Cheetah Mobile Inc. - ADR | Sold out | 0.00% | −0.32 |
| JOYY Joyy Inc.-ADR | Reduce -20.6% | 0.43% | −0.31 |
| ARM Arm Holdings PLC-ADR | Reduce -89.7% | 0.01% | −0.16 |
| DDOG Datadog Inc. Class A | Reduce -81.8% | 0.02% | −0.14 |
| CYD China Yuchai Intl Ltd. | Sold out | 0.00% | −0.14 |
| GE General Electric | Reduce -98.8% | 0.00% | −0.14 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −0.13 |
| BTI British American Tob-SP ADR | Sold out | 0.00% | −0.13 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.13 |
| SE Sea Ltd.-ADR | Reduce -44.3% | 0.07% | −0.10 |
| JFIN Jiayin Group Inc.-ADR | Sold out | 0.00% | −0.10 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.09 |
| MSCI MSCI Inc. | Reduce -99.4% | 0.00% | −0.09 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -99.2% | 0.00% | −0.08 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.07 |
| SPGI S&P Global Inc. | Reduce -98.4% | 0.00% | −0.06 |
| CELH Celsius Holdings Inc. | Reduce -21.9% | 0.09% | −0.06 |
| VRT Vertiv Holdings Co. Class A | Reduce -10.0% | 0.10% | −0.05 |
| RBLX Roblox Corp. Class A | Reduce -15.9% | 0.10% | −0.04 |
| AXON Axon Enterprise Inc. | Reduce -20.7% | 0.03% | −0.04 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -1.5% | 0.10% | −0.01 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | Add +559.6% | 4.69% | +3.74 |
| AAPL Apple Inc. | Add +774.7% | 3.82% | +3.27 |
| MSFT Microsoft Corp. | Add +536.4% | 3.94% | +3.00 |
| AMZN Amazon.com Inc. | Add +499.6% | 2.25% | +1.66 |
| TSLA Tesla Inc. | Add +766.3% | 1.58% | +1.37 |
| AVGO Broadcom Inc. | Add +248.0% | 1.98% | +1.23 |
| GOOGL Alphabet Inc. Class A | Add +745.3% | 1.39% | +1.20 |
| META Meta Platforms Inc. Class A | Add +430.9% | 1.71% | +1.20 |
| GOOG Alphabet Inc. Class C | Add +512.7% | 1.31% | +1.07 |
| TSM Taiwan Semiconductor-SP ADR | Add +450.0% | 1.21% | +0.92 |
| HTT High Templar Tech Limited | New | 0.82% | +0.82 |
| QQQM Invesco Nasdaq 100 ETF | Add +1473.2% | 0.86% | +0.78 |
| DSX Diana Shipping Inc. | New | 0.66% | +0.66 |
| PLTR Palantir Technologies Inc. Class A | Add +348.3% | 0.52% | +0.39 |
| ORCL Oracle Corp. | Add +319.1% | 0.48% | +0.34 |
| API Agora Inc.-ADR | New | 0.32% | +0.32 |
| SB Safe Bulkers Inc. | New | 0.32% | +0.32 |
| NFLX Netflix Inc. | Add +212.9% | 0.72% | +0.32 |
| DQ Daqo New Energy Corp.-ADR | New | 0.31% | +0.31 |
| ASML ASML Holding NV-NY Reg SHS | Add +1862.1% | 0.34% | +0.31 |
| SOHU Sohu.com Ltd.-ADR | Add +71.7% | 1.12% | +0.24 |
| CSCO Cisco Systems Inc. | Add +358.1% | 0.36% | +0.23 |
| IBM Intl Business Machines Corp. | New | 0.20% | +0.20 |
| UNH Unitedhealth Group Inc. | New | 0.19% | +0.19 |
| HUYA Huya Inc.-ADR | New | 0.19% | +0.19 |
| CRM Salesforce Inc. | New | 0.17% | +0.17 |
| UBER Uber Technologies Inc. | New | 0.15% | +0.15 |
| APP AppLovin Corp. Class A | Add +170.7% | 0.18% | +0.13 |
| CAT Caterpillar Inc. | New | 0.10% | +0.10 |
| URI United Rentals Inc. | New | 0.10% | +0.10 |
| BZ Kanzhun Ltd. - ADR | Add +26.3% | 2.13% | +0.10 |
| HD Home Depot Inc. | New | 0.09% | +0.09 |
| AMD Advanced Micro Devices | Add +87.9% | 0.34% | +0.09 |
| U Unity Software Inc. | New | 0.09% | +0.09 |
| TSEM Tower Semiconductor Ltd. | New | 0.06% | +0.06 |
| SNDK Sandisk Corp. | New | 0.06% | +0.06 |
| GRAB Grab Holdings Ltd. Class A | New | 0.05% | +0.05 |
| BAC Bank of America Corp. | New | 0.05% | +0.05 |
| NEM Newmont Corp. | New | 0.05% | +0.05 |
| SHOP Shopify Inc. Class A | Add +111.2% | 0.10% | +0.04 |
| LRCX Lam Research Corp. | Add +87.8% | 0.10% | +0.04 |
| MU Micron Technology Inc. | Add +80.6% | 0.10% | +0.04 |
| TRI Thomson Reuters Corp. | New | 0.03% | +0.03 |
| INTC Intel Corp. | Add +86.5% | 0.08% | +0.03 |
| PEP Pepsico Inc. | Add +105.0% | 0.11% | +0.03 |
| BE Bloom Energy Corp. Class A | New | 0.03% | +0.03 |
| COST Costco Wholesale Corp. | Add +90.0% | 0.21% | +0.02 |
| SNPS Synopsys Inc. | Add +207.8% | 0.05% | +0.02 |
| WBD Warner Bros Discovery Inc. | Add +408.3% | 0.03% | +0.02 |
| CSX CSX Corp. | Add +170.6% | 0.04% | +0.02 |
Notes & Other Activity Q2 2025 → Q3 2025
| RDDT Reddit Inc. Class A | CL A | Reduce -100.0% | 0 | $0 |
| PINS Pinterest Inc. Class A | CL A | New | 0 | $0 |
| COCO The Vita Coco Co. Inc. | COM | New | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |