Franchise Capital Ltd
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 3, 2025), Franchise Capital Ltd reported 16 stock positions worth $215.7 million. Its top holding was Nvidia (NVDA) at 37.6% of the portfolio, followed by PDD (PDD, 28.6%) and Meta Platforms Class A (META, 12.1%). Compared with Q3 2024, it opened 8 new positions, sold out of 2, added to 2 and reduced 6. The biggest buy was Meta Platforms Class A (META, shares +34%) and the biggest sale PDD (PDD, shares −25%).
- Most Recent 13F
- Q3 2025
- Location
- GRAND CAYMAN, E9
- CIK
- 0001859388
- Portfolio Value
- $215.7M (Q4 2024)
- SEC Filing
- 0001859388-25-000001 ↗ filed Jan 3, 2025
Holdings Value
Holdings 16 stocks · $215.7M
| NVDA Nvidia Corp. | 37.63% | 604,380 | $81.2M | Reduce -28.4% |
| PDD PDD Holdings Inc. | 28.61% | 636,224 | $61.7M | Reduce -24.8% |
| META Meta Platforms Inc. Class A | 12.08% | 44,488 | $26.0M | Add +34.4% |
| LKNCY Luckin Coffee Inc. - ADR | 4.28% | 360,000 | $9.2M | Add +1.7% |
| IBIT iShares Bitcoin Trust ETF | 2.32% | 94,350 | $5.0M | New |
| MSFT Microsoft Corp. | 2.18% | 11,180 | $4.7M | Reduce -4.4% |
| TSLA Tesla Inc. | 2.00% | 10,680 | $4.3M | Reduce -63.2% |
| GOOG Alphabet Inc. Class C | 1.71% | 19,350 | $3.7M | Reduce -52.5% |
| NOW ServiceNow Inc. | 1.68% | 3,410 | $3.6M | New |
| PLTR Palantir Technologies Inc. Class A | 1.67% | 47,609 | $3.6M | New |
| DUOL Duolingo | 1.38% | 9,163 | $3.0M | New |
| APP AppLovin Corp. Class A | 1.30% | 8,682 | $2.8M | New |
| AVGO Broadcom Inc. | 0.94% | 8,700 | $2.0M | New |
| LI Li Auto Inc. - ADR | 0.79% | 71,050 | $1.7M | Reduce -70.8% |
| ORCL Oracle Corp. | 0.75% | 9,720 | $1.6M | New |
| MRVL Marvell Technology Inc. | 0.68% | 13,368 | $1.5M | New |
Portfolio Sells Q3 2024 → Q4 2024
| PDD PDD Holdings Inc. | Reduce -24.8% | 28.61% | −12.51 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −1.46 |
| LI Li Auto Inc. - ADR | Reduce -70.8% | 0.79% | −1.46 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −1.00 |
| GOOG Alphabet Inc. Class C | Reduce -52.5% | 1.71% | −0.75 |
| TSLA Tesla Inc. | Reduce -63.2% | 2.00% | −0.74 |
| MSFT Microsoft Corp. | Reduce -4.4% | 2.18% | +0.37 |
| NVDA Nvidia Corp. | Reduce -28.4% | 37.63% | +0.68 |
Portfolio Buys Q3 2024 → Q4 2024
| META Meta Platforms Inc. Class A | Add +34.4% | 12.08% | +5.25 |
| IBIT iShares Bitcoin Trust ETF | New | 2.32% | +2.32 |
| NOW ServiceNow Inc. | New | 1.68% | +1.68 |
| PLTR Palantir Technologies Inc. Class A | New | 1.67% | +1.67 |
| DUOL Duolingo | New | 1.38% | +1.38 |
| APP AppLovin Corp. Class A | New | 1.30% | +1.30 |
| AVGO Broadcom Inc. | New | 0.94% | +0.94 |
| LKNCY Luckin Coffee Inc. - ADR | Add +1.7% | 4.28% | +0.90 |
| ORCL Oracle Corp. | New | 0.75% | +0.75 |
| MRVL Marvell Technology Inc. | New | 0.68% | +0.68 |
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 |