Greenwoods Asset Management Hong Kong Ltd.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Greenwoods Asset Management Hong Kong Ltd. reported 21 stock positions worth $2.2 billion. Its top holding was Alphabet Class A (GOOGL) at 29.6% of the portfolio, followed by Intel (INTC, 17.6%) and PDD (PDD, 16.7%). Compared with Q1 2026, it opened 4 new positions, sold out of 8, added to 1 and reduced 11. The biggest buy was Futu Holdings Ltd.-ADR (FUTU, shares +10%) and the biggest sale an exit from Meta Platforms Class A (META).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001848138
- Portfolio Value
- $2.2B (Q2 2026)
- SEC Filing
- 0001848138-26-000011 ↗ filed Aug 7, 2026
Holdings Value
Holdings 21 stocks · $2.2B
| GOOGL Alphabet Inc. Class A | 29.60% | 1,810,357 | $647.0M | Reduce -38.0% |
| INTC Intel Corp. | 17.58% | 2,751,193 | $384.1M | Reduce -60.3% |
| PDD PDD Holdings Inc. | 16.70% | 4,785,666 | $365.1M | Reduce -6.2% |
| YMM Full Truck Alliance -SPN ADR | 14.66% | 39,452,419 | $320.4M | Reduce -3.7% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 4.69% | 1,093,634 | $102.5M | Add +9.8% |
| NTES Netease Inc.-ADR | 3.52% | 600,631 | $77.0M | Reduce -81.2% |
| ATAT Atour Lifestyle Holdings-ADR | 2.60% | 1,788,400 | $56.9M | Reduce -31.0% |
| QFIN Qfin Holdings Inc.-ADR | 2.19% | 3,031,438 | $47.9M | Reduce -8.0% |
| AAPL Apple Inc. | 1.94% | 146,668 | $42.4M | Reduce -41.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.81% | 83,052 | $39.7M | No change |
| SE Sea Ltd.-ADR | 0.95% | 216,978 | $20.8M | Reduce -55.5% |
| MMYT Makemytrip Ltd. | 0.95% | 388,557 | $20.7M | No change |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.64% | 7,070 | $14.1M | New |
| HTHT H World Group Ltd.-ADR | 0.61% | 321,572 | $13.4M | Reduce -69.8% |
| WRD Weride Inc.-ADR | 0.59% | 2,201,800 | $12.8M | No change |
| AAOI Applied Optoelectronics Inc. | 0.36% | 53,520 | $7.9M | New |
| VNET Vnet Group Inc.-ADR | 0.24% | 648,500 | $5.2M | New |
| HDL Super Hi International Holdi | 0.15% | 268,341 | $3.3M | No change |
| RERE Atrenew Inc. | 0.09% | 525,000 | $2.0M | No change |
| AMAT Applied Materials Inc. | 0.08% | 2,520 | $1.8M | New |
| TCOM Trip.com Group Ltd.-ADR | 0.02% | 12,000 | $478K | Reduce -99.5% |
Portfolio Sells Q1 2026 → Q2 2026
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −7.99 |
| NTES Netease Inc.-ADR | Reduce -81.2% | 3.52% | −5.69 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −5.40 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −3.43 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -99.5% | 0.02% | −3.32 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −2.27 |
| EDU New Oriental Educatio-SP ADR | Sold out | 0.00% | −1.94 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.91 |
| HTHT H World Group Ltd.-ADR | Reduce -69.8% | 0.61% | −0.76 |
| TAL Tal Education Group- ADR | Sold out | 0.00% | −0.72 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.20 |
| SE Sea Ltd.-ADR | Reduce -55.5% | 0.95% | −0.09 |
| ATAT Atour Lifestyle Holdings-ADR | Reduce -31.0% | 2.60% | +0.14 |
| AAPL Apple Inc. | Reduce -41.0% | 1.94% | +0.32 |
| QFIN Qfin Holdings Inc.-ADR | Reduce -8.0% | 2.19% | +1.10 |
| PDD PDD Holdings Inc. | Reduce -6.2% | 16.70% | +3.26 |
| YMM Full Truck Alliance -SPN ADR | Reduce -3.7% | 14.66% | +5.89 |
| GOOGL Alphabet Inc. Class A | Reduce -38.0% | 29.60% | +7.94 |
| INTC Intel Corp. | Reduce -60.3% | 17.58% | +9.70 |
Portfolio Buys Q1 2026 → Q2 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $2.2B | GOOGL, INTC, PDD, YMM, FUTU |
| Q1 2026 | 25 | $3.9B | GOOGL, PDD, NTES, YMM, META |
| Q4 2025 | 28 | $4.0B | GOOGL, META, PDD, NTES, YMM |
| Q3 2025 | 30 | $4.4B | META, NTES, NVDA, PDD, GOOGL |
| Q2 2025 | 28 | $2.9B | META, NTES, YMM, PDD, FUTU |
| Q1 2025 | 31 | $3.2B | META, PDD, NTES, YMM, TSM |
| Q4 2024 | 36 | $3.2B | META, PDD, NTES, YMM, TSM |
| Q3 2024 | 35 | $3.2B | PDD, META, NTES, TSM, YMM |
| Q2 2024 | 41 | $3.8B | PDD, META, TSM, MSFT, NTES |
| Q1 2024 | 39 | $3.2B | META, PDD, MSFT, NTES, DASH |