Franchise Capital Ltd
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 11, 2024), Franchise Capital Ltd reported 9 stock positions worth $413.5 million. Its top holding was Nvidia (NVDA) at 43.1% of the portfolio, followed by PDD (PDD, 36.6%) and Novo-Nordisk A/S-Spons ADR (NVO, 4.7%). Compared with Q1 2024, it opened 1 new position, sold out of 8, added to 2 and reduced 5. The biggest buy was PDD (PDD, shares +26%) and the biggest sale an exit from Tesla (TSLA).
- Most Recent 13F
- Q3 2025
- Location
- GRAND CAYMAN, E9
- CIK
- 0001859388
- Portfolio Value
- $413.5M (Q2 2024)
- SEC Filing
- 0001859388-24-000004 ↗ filed Jul 11, 2024
Holdings Value
Holdings 9 stocks · $413.5M
| NVDA Nvidia Corp. | 43.10% | 1,442,590 | $178.2M | Reduce -31.8% |
| PDD PDD Holdings Inc. | 36.60% | 1,138,221 | $151.3M | Add +26.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 4.70% | 136,172 | $19.4M | No change |
| META Meta Platforms Inc. Class A | 4.08% | 33,459 | $16.9M | Reduce -6.1% |
| MSFT Microsoft Corp. | 3.80% | 35,159 | $15.7M | Reduce -60.3% |
| GOOG Alphabet Inc. Class C | 3.74% | 84,376 | $15.5M | New |
| LKNCY Luckin Coffee Inc. - ADR | 2.12% | 414,890 | $8.8M | Reduce -66.3% |
| LI Li Auto Inc. - ADR | 1.15% | 266,146 | $4.8M | Reduce -75.6% |
| PBR.A Petroleo Brasil-SP Pref ADR | 0.71% | 215,260 | $2.9M | Add +15.6% |
Portfolio Sells Q1 2024 → Q2 2024
| TSLA Tesla Inc. | Sold out | 0.00% | −5.02 |
| LI Li Auto Inc. - ADR | Reduce -75.6% | 1.15% | −4.99 |
| LKNCY Luckin Coffee Inc. - ADR | Reduce -66.3% | 2.12% | −3.49 |
| BITX 2X Bitcoin ETF | Sold out | 0.00% | −3.40 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −3.36 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −3.22 |
| MSFT Microsoft Corp. | Reduce -60.3% | 3.80% | −3.13 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −2.60 |
| MU Micron Technology Inc. | Sold out | 0.00% | −1.09 |
| DQ Daqo New Energy Corp.-ADR | Sold out | 0.00% | −0.59 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -6.1% | 4.08% | +0.86 |
| NVDA Nvidia Corp. | Reduce -31.8% | 43.10% | +7.55 |
Portfolio Buys Q1 2024 → Q2 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 30 | $229.8M | NVDA, PDD, TSM, META, LKNCY |
| Q2 2025 | 24 | $191.7M | NVDA, PDD, TSM, META, LKNCY |
| Q1 2025 | 20 | $167.9M | PDD, NVDA, META, LKNCY, TSM |
| Q4 2024 | 16 | $215.7M | NVDA, PDD, META, LKNCY, IBIT |
| Q3 2024 | 10 | $277.4M | PDD, NVDA, META, LKNCY, TSLA |
| Q2 2024 | 9 | $413.5M | NVDA, PDD, NVO, META, MSFT |
| Q1 2024 | 16 | $537.7M | NVDA, PDD, MSFT, LI, LKNCY |