Greenwoods Asset Management Hong Kong Ltd.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Greenwoods Asset Management Hong Kong Ltd. reported 41 stock positions worth $3.8 billion. Its top holding was PDD (PDD) at 18.2% of the portfolio, followed by Meta Platforms Class A (META, 15.4%) and Taiwan Semiconductor-SP ADR (TSM, 12.4%). Compared with Q1 2024, it opened 8 new positions, sold out of 6, added to 12 and reduced 11. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +75%) and the biggest sale Meta Platforms Class A (META, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001848138
- Portfolio Value
- $3.8B (Q2 2024)
- SEC Filing
- 0000943663-24-000187 ↗ filed Aug 9, 2024
Holdings Value
Holdings 41 stocks · $3.8B
| PDD PDD Holdings Inc. | 18.24% | 5,206,948 | $692.3M | Add +43.3% |
| META Meta Platforms Inc. Class A | 15.44% | 1,161,741 | $585.8M | Reduce -8.1% |
| TSM Taiwan Semiconductor-SP ADR | 12.45% | 2,717,559 | $472.3M | Add +75.0% |
| MSFT Microsoft Corp. | 10.67% | 905,853 | $404.9M | Add +0.1% |
| NTES Netease Inc.-ADR | 9.62% | 3,819,507 | $365.1M | Add +48.8% |
| YMM Full Truck Alliance -SPN ADR | 5.72% | 26,985,624 | $217.0M | Add +73.0% |
| EDU New Oriental Educatio-SP ADR | 4.10% | 2,003,010 | $155.7M | Add +6.8% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 4.03% | 2,330,725 | $152.9M | Add +5.0% |
| DASH DoorDash Inc. Class A | 3.63% | 1,266,026 | $137.7M | Reduce -21.7% |
| NVDA Nvidia Corp. | 3.55% | 1,090,104 | $134.7M | Reduce -41.5% |
| ZTO Zto Express Cayman Inc.-ADR | 2.74% | 5,013,897 | $104.0M | Reduce -2.8% |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 1.78% | 3,417,122 | $67.4M | Reduce -0.7% |
| AAPL Apple Inc. | 0.92% | 165,600 | $34.9M | New |
| TAL Tal Education Group- ADR | 0.91% | 3,252,897 | $34.7M | Add +9.7% |
| V Visa Inc. Class A | 0.80% | 115,000 | $30.2M | No change |
| ASML ASML Holding NV-NY Reg SHS | 0.60% | 22,437 | $22.9M | No change |
| UBER Uber Technologies Inc. | 0.58% | 303,200 | $22.0M | Reduce -65.3% |
| TME Tencent Music Entertainm-ADR | 0.56% | 1,501,678 | $21.1M | Add +2.9% |
| BABA Alibaba Group Holding-SP ADR | 0.46% | 241,402 | $17.4M | Add +322.7% |
| SOXX iShares Semiconductor ETF | 0.39% | 60,600 | $14.9M | Reduce -70.0% |
| XBI SS SPDR S&P Biotech ETF | 0.31% | 127,800 | $11.8M | No change |
| JKS Jinkosolar Holding Co.-ADR | 0.31% | 569,933 | $11.8M | No change |
| ABNB Airbnb Inc. Class A | 0.31% | 76,846 | $11.7M | Reduce -4.8% |
| PBR Petroleo Brasileiro-Spon ADR | 0.30% | 789,700 | $11.4M | New |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.29% | 780,872 | $11.0M | Add +326.8% |
| TCOM Trip.com Group Ltd.-ADR | 0.29% | 231,400 | $10.9M | Add +125.8% |
| UNH Unitedhealth Group Inc. | 0.13% | 9,972 | $5.1M | New |
| HDL Super Hi International Holdi | 0.13% | 275,300 | $5.0M | New |
| MRK Merck & Co. Inc. | 0.12% | 35,374 | $4.4M | No change |
| AMZN Amazon.com Inc. | 0.11% | 22,370 | $4.3M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.11% | 29,722 | $4.2M | No change |
| MOMO Hello Group Inc. -SPN ADR | 0.10% | 590,263 | $3.6M | No change |
| BSX Boston Scientific Corp. | 0.08% | 41,634 | $3.2M | Reduce -57.4% |
| TMO Thermo Fisher Scientific Inc. | 0.07% | 4,579 | $2.5M | No change |
| ALB Albemarle Corp. | 0.04% | 17,300 | $1.7M | New |
| RERE Atrenew Inc. | 0.03% | 525,000 | $1.2M | No change |
| MU Micron Technology Inc. | 0.02% | 5,857 | $770K | Reduce -44.4% |
| DQ Daqo New Energy Corp.-ADR | 0.02% | 50,399 | $736K | New |
| LI Li Auto Inc. - ADR | 0.01% | 26,400 | $472K | New |
| TSLA Tesla Inc. | 0.01% | 2,359 | $467K | Reduce -70.1% |
| 111 INC | 0.01% | 348,863 | $372K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| META Meta Platforms Inc. Class A | Reduce -8.1% | 15.44% | −3.59 |
| DASH DoorDash Inc. Class A | Reduce -21.7% | 3.63% | −3.27 |
| NVDA Nvidia Corp. | Reduce -41.5% | 3.55% | −1.67 |
| UBER Uber Technologies Inc. | Reduce -65.3% | 0.58% | −1.50 |
| SOXX iShares Semiconductor ETF | Reduce -70.0% | 0.39% | −1.02 |
| BZ Kanzhun Ltd. - ADR | Sold out | 0.00% | −0.96 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.79 |
| ZTO Zto Express Cayman Inc.-ADR | Reduce -2.8% | 2.74% | −0.61 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.44 |
| QFIN Qfin Holdings Inc.-ADR | Reduce -0.7% | 1.78% | −0.19 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.14 |
| BSX Boston Scientific Corp. | Reduce -57.4% | 0.08% | −0.12 |
| ABNB Airbnb Inc. Class A | Reduce -4.8% | 0.31% | −0.11 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.07 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.06 |
| TSLA Tesla Inc. | Reduce -70.1% | 0.01% | −0.03 |
| MU Micron Technology Inc. | Reduce -44.4% | 0.02% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| TSM Taiwan Semiconductor-SP ADR | Add +75.0% | 12.45% | +5.90 |
| PDD PDD Holdings Inc. | Add +43.3% | 18.24% | +5.14 |
| YMM Full Truck Alliance -SPN ADR | Add +73.0% | 5.72% | +2.20 |
| NTES Netease Inc.-ADR | Add +48.8% | 9.62% | +1.38 |
| AAPL Apple Inc. | New | 0.92% | +0.92 |
| BABA Alibaba Group Holding-SP ADR | Add +322.7% | 0.46% | +0.33 |
| FUTU Futu Holdings Ltd.-ADR | Add +5.0% | 4.03% | +0.30 |
| PBR Petroleo Brasileiro-Spon ADR | New | 0.30% | +0.30 |
| BEKE Ke Holdings Inc.-ADR | Add +326.8% | 0.29% | +0.21 |
| TCOM Trip.com Group Ltd.-ADR | Add +125.8% | 0.29% | +0.15 |
| UNH Unitedhealth Group Inc. | New | 0.13% | +0.13 |
| HDL Super Hi International Holdi | New | 0.13% | +0.13 |
| AMZN Amazon.com Inc. | New | 0.11% | +0.11 |
| TME Tencent Music Entertainm-ADR | Add +2.9% | 0.56% | +0.05 |
| ALB Albemarle Corp. | New | 0.04% | +0.04 |
| DQ Daqo New Energy Corp.-ADR | New | 0.02% | +0.02 |
| LI Li Auto Inc. - ADR | New | 0.01% | +0.01 |
| TAL Tal Education Group- ADR | Add +9.7% | 0.91% | −0.13 |
| EDU New Oriental Educatio-SP ADR | Add +6.8% | 4.10% | −0.94 |
| MSFT Microsoft Corp. | Add +0.1% | 10.67% | −1.13 |
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 |