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

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $152.7M Q1 2024 Q2 2024: $163.2M Q2 2024 Q3 2024: $167.8M Q3 2024 Q4 2024: $125.4M Q4 2024 Q1 2025: $111.6M Q1 2025 Q2 2025: $104.0M Q2 2025 Q3 2025: $164.3M $164.3M Q3 2025 Q4 2025: $297.5M Q4 2025 Q1 2026: $219.9M Q1 2026 Q2 2026: $301.5M Q2 2026

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%

Show all 355 holdings

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 549$301.5MIVV, PDD, NVDA, SPY, AAPL
Q1 2026 491$219.9MIVV, PDD, NVDA, SPY, AAPL
Q4 2025 396$297.5MYUMC, PDD, IVV, SPY, NVDA
Q3 2025 355$164.3MPDD, IVV, SPY, NVDA, YUMC
Q2 2025 147$104.0MPDD, IVV, SPY, YUMC, TME
Q1 2025 158$111.6MPDD, IVV, SPY, YUMC, BEKE
Q4 2024 163$125.4MPDD, IVV, YUMC, SPY, BEKE
Q3 2024 163$167.8MPDD, IVV, YUMC, BEKE, SPY
Q2 2024 145$163.2MPDD, IVV, YUMC, SPY, TME
Q1 2024 75$152.7MPDD, YUMC, IVV, BEKE, ZTO