Franchise Capital Ltd
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 4, 2024), Franchise Capital Ltd reported 10 stock positions worth $277.4 million. Its top holding was PDD (PDD) at 41.1% of the portfolio, followed by Nvidia (NVDA, 36.9%) and Meta Platforms Class A (META, 6.8%). Compared with Q2 2024, it opened 2 new positions, sold out of 1 and reduced 8. The biggest buy was a new position in Tesla (TSLA) and the biggest sale Nvidia (NVDA, shares −41%).
- Most Recent 13F
- Q3 2025
- Location
- GRAND CAYMAN, E9
- CIK
- 0001859388
- Portfolio Value
- $277.4M (Q3 2024)
- SEC Filing
- 0001859388-24-000005 ↗ filed Oct 4, 2024
Holdings Value
Holdings 10 stocks · $277.4M
| PDD PDD Holdings Inc. | 41.12% | 846,224 | $114.1M | Reduce -25.6% |
| NVDA Nvidia Corp. | 36.95% | 844,099 | $102.5M | Reduce -41.5% |
| META Meta Platforms Inc. Class A | 6.83% | 33,091 | $18.9M | Reduce -1.1% |
| LKNCY Luckin Coffee Inc. - ADR | 3.38% | 354,040 | $9.4M | Reduce -14.7% |
| TSLA Tesla Inc. | 2.74% | 29,005 | $7.6M | New |
| GOOG Alphabet Inc. Class C | 2.46% | 40,778 | $6.8M | Reduce -51.7% |
| LI Li Auto Inc. - ADR | 2.25% | 243,522 | $6.2M | Reduce -8.5% |
| MSFT Microsoft Corp. | 1.81% | 11,690 | $5.0M | Reduce -66.8% |
| LLY Eli Lilly & Co. | 1.46% | 4,585 | $4.1M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 1.00% | 23,418 | $2.8M | Reduce -82.8% |
Portfolio Sells Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Reduce -41.5% | 36.95% | −6.15 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -82.8% | 1.00% | −3.70 |
| MSFT Microsoft Corp. | Reduce -66.8% | 1.81% | −1.99 |
| GOOG Alphabet Inc. Class C | Reduce -51.7% | 2.46% | −1.29 |
| PBR.A Petroleo Brasil-SP Pref ADR | Sold out | 0.00% | −0.71 |
| LI Li Auto Inc. - ADR | Reduce -8.5% | 2.25% | +1.10 |
| LKNCY Luckin Coffee Inc. - ADR | Reduce -14.7% | 3.38% | +1.26 |
| META Meta Platforms Inc. Class A | Reduce -1.1% | 6.83% | +2.75 |
| PDD PDD Holdings Inc. | Reduce -25.6% | 41.12% | +4.52 |
Portfolio Buys Q2 2024 → Q3 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 |