Green Court Capital Management Ltd

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Green Court Capital Management Ltd reported 3 stock positions worth $151.3 million. Its top holding was Zto Express Cayman Inc.-ADR (ZTO) at 66.0% of the portfolio, followed by Trip.com Group Ltd.-ADR (TCOM, 20.0%) and New Oriental Educatio-SP ADR (EDU, 14.0%). Compared with Q3 2024, it opened 1 new position and reduced 2. The biggest buy was a new position in New Oriental Educatio-SP ADR (EDU) and the biggest sale Zto Express Cayman Inc.-ADR (ZTO, shares −39%).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001710785
Portfolio Value
$151.3M (Q4 2024)
SEC Filing
0001710785-25-000002 ↗ filed Feb 6, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $250.7M Q1 2024 Q2 2024: $154.3M Q2 2024 Q3 2024: $274.7M Q3 2024 Q4 2024: $151.3M $151.3M Q4 2024 Q1 2025: $169.5M Q1 2025 Q2 2025: $151.2M Q2 2025 Q3 2025: $219.9M Q3 2025 Q4 2025: $260.1M Q4 2025 Q1 2026: $108.1M Q1 2026 Q2 2026: $117.0M Q2 2026

Holdings 3 stocks · $151.3M
ZTO Zto Express Cayman Inc.-ADR 65.98% 5,105,850 $99.8M Reduce -38.6%
TCOM Trip.com Group Ltd.-ADR 20.04% 441,700 $30.3M Reduce -61.8%
EDU New Oriental Educatio-SP ADR 13.98% 329,574 $21.2M New

Portfolio Sells Q3 2024 → Q4 2024
ZTO Zto Express Cayman Inc.-ADR Reduce -38.6% 65.98% −9.02
TCOM Trip.com Group Ltd.-ADR Reduce -61.8% 20.04% −4.96

Portfolio Buys Q3 2024 → Q4 2024
EDU New Oriental Educatio-SP ADR New 13.98% +13.98

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 3$117.0MPDD, ATAT, TCOM
Q1 2026 5$108.1MPDD, TCOM, EDU, TME, ATAT
Q4 2025 4$260.1MTME, PDD, TCOM, EDU
Q3 2025 4$219.9MPDD, TCOM, TME, EDU
Q2 2025 4$151.2MPDD, EDU, TCOM, TME
Q1 2025 3$169.5MZTO, TCOM, EDU
Q4 2024 3$151.3MZTO, TCOM, EDU
Q3 2024 2$274.7MZTO, TCOM
Q2 2024 2$154.3MTCOM, ZTO
Q1 2024 2$250.7MTCOM, ZTO