KADENSA CAPITAL Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), KADENSA CAPITAL Ltd reported 57 stock positions worth $806.1 million. Its top holding was Alibaba Group Holding-SP ADR (BABA) at 7.5% of the portfolio, followed by Microsoft (MSFT, 5.3%) and Broadcom (AVGO, 3.8%). Compared with Q4 2024, it opened 26 new positions, sold out of 20, added to 22 and reduced 9. The biggest buy was a new position in Alibaba Group Holding-SP ADR (BABA) and the biggest sale an exit from Amazon.com (AMZN).
- Most Recent 13F
- Q2 2026
- Location
- CENTRAL, K3
- CIK
- 0001720980
- Portfolio Value
- $806.1M (Q1 2025)
- SEC Filing
- 0000905148-25-001711 ↗ filed May 15, 2025
Holdings Value
Holdings 57 stocks · $806.1M
| BABA Alibaba Group Holding-SP ADR | 7.49% | 456,864 | $60.4M | New |
| MSFT Microsoft Corp. | 5.33% | 114,393 | $42.9M | Add +5.7% |
| AVGO Broadcom Inc. | 3.85% | 185,293 | $31.0M | New |
| MU Micron Technology Inc. | 3.19% | 295,979 | $25.7M | New |
| CRM Salesforce Inc. | 3.17% | 95,104 | $25.5M | Add +5.6% |
| PLTR Palantir Technologies Inc. Class A | 3.00% | 286,756 | $24.2M | Add +4300.8% |
| TEM Tempus AI Inc. Class A | 2.75% | 458,745 | $22.1M | New |
| HOOD Robinhood Markets Inc. Class A | 2.61% | 505,814 | $21.1M | Reduce -54.6% |
| SE Sea Ltd.-ADR | 2.49% | 153,575 | $20.0M | Add +136.2% |
| LNG Cheniere Energy Inc. | 2.43% | 84,510 | $19.6M | Add +48.6% |
| GE General Electric filed as GE AEROSPACE | 2.38% | 95,825 | $19.2M | Add +55.5% |
| UPST Upstart Holdings Inc. | 2.35% | 412,171 | $19.0M | New |
| URNM Sprott Uranium Miners ETF | 2.28% | 567,795 | $18.4M | Add +92.3% |
| IBIT iShares Bitcoin Trust ETF | 2.22% | 381,511 | $17.9M | Add +2.1% |
| INTC Intel Corp. | 2.20% | 780,479 | $17.7M | New |
| MMYT Makemytrip Ltd. | 2.14% | 175,659 | $17.2M | New |
| FLUT Flutter Entertainment PLC-Di | 2.13% | 77,499 | $17.2M | New |
| VIK Viking Holdings Ltd. | 2.08% | 421,454 | $16.8M | Reduce -6.4% |
| YMM Full Truck Alliance -SPN ADR | 2.04% | 1,288,269 | $16.5M | Add +185.0% |
| EH Ehang Holdings Ltd.-SPS ADR | 1.97% | 759,180 | $15.9M | Add +585.4% |
| IWM iShares Russell 2000 ETF | 1.96% | 79,277 | $15.8M | Add +33.5% |
| HON Honeywell International Inc. | 1.94% | 73,768 | $15.6M | Add +69.4% |
| PANW Palo Alto Networks Inc. | 1.93% | 91,034 | $15.5M | Reduce -36.0% |
| AS Amer Sports Inc. | 1.92% | 577,988 | $15.4M | Add +35.2% |
| NOW ServiceNow Inc. | 1.88% | 19,070 | $15.2M | New |
| META Meta Platforms Inc. Class A | 1.76% | 24,680 | $14.2M | Add +872.4% |
| SFM Sprouts Farmers Market Inc. | 1.73% | 91,111 | $13.9M | Reduce -4.0% |
| TSLA Tesla Inc. | 1.66% | 51,529 | $13.4M | New |
| ANET Arista Networks Inc. | 1.53% | 158,693 | $12.3M | New |
| SNPS Synopsys Inc. | 1.51% | 28,427 | $12.2M | Add +1.7% |
| BILL Bill Holdings Inc. | 1.42% | 249,223 | $11.4M | Add +33.7% |
| PWR Quanta Services Inc. | 1.38% | 43,645 | $11.1M | Add +110.3% |
| ONON On Holding AG Class A filed as ON HLDG AG | 1.31% | 240,799 | $10.6M | Add +313.2% |
| DECK Deckers Outdoor Corp. | 1.27% | 91,745 | $10.3M | Add +519.9% |
| GLD SPDR Gold Shares | 1.27% | 35,564 | $10.2M | New |
| WM Waste Management Inc. | 1.26% | 43,909 | $10.2M | Reduce -2.4% |
| PM Philip Morris International | 1.25% | 63,328 | $10.1M | New |
| NFLX Netflix Inc. | 1.16% | 10,009 | $9.3M | Reduce -82.4% |
| WDC Western Digital Corp. | 1.15% | 228,296 | $9.2M | Add +9.2% |
| CDNS Cadence Design SYS Inc. | 1.11% | 35,181 | $8.9M | Add +130.5% |
| DDOG Datadog Inc. Class A | 1.08% | 87,489 | $8.7M | New |
| UMC United Microelectron-SP ADR | 1.04% | 1,175,186 | $8.4M | Reduce -24.7% |
| VNET Vnet Group Inc.-ADR | 1.01% | 992,065 | $8.1M | New |
| IGV iShares Expanded Tech-Softwa | 0.99% | 89,714 | $8.0M | Add +3555.8% |
| GEV GE Vernova Inc. | 0.90% | 23,772 | $7.3M | New |
| MOS The Mosaic Co. | 0.87% | 260,129 | $7.0M | New |
| ETN Eaton Corp. PLC | 0.80% | 23,675 | $6.4M | New |
| NVDA Nvidia Corp. | 0.75% | 55,579 | $6.0M | Reduce -21.4% |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 0.74% | 132,769 | $6.0M | New |
| GTLB Gitlab Inc. Class A | 0.62% | 106,601 | $5.0M | Reduce -63.7% |
| COST Costco Wholesale Corp. | 0.57% | 4,899 | $4.6M | New |
| JBL Jabil Inc. | 0.53% | 31,439 | $4.3M | New |
| LRN Stride Inc. | 0.51% | 32,766 | $4.1M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.51% | 33,725 | $4.1M | New |
| WH Wyndham Hotels & Resorts Inc. | 0.31% | 27,966 | $2.5M | New |
| SITM Sitime Corp. | 0.18% | 9,354 | $1.4M | New |
| ZTO Zto Express Cayman Inc.-ADR | 0.12% | 49,044 | $973K | New |
Portfolio Sells Q4 2024 → Q1 2025
| AMZN Amazon.com Inc. | Sold out | 0.00% | −18.14 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −5.48 |
| NFLX Netflix Inc. | Reduce -82.4% | 1.16% | −5.01 |
| LIN Linde PLC | Sold out | 0.00% | −4.73 |
| CVS CVS Health Corp. | Sold out | 0.00% | −4.36 |
| HOOD Robinhood Markets Inc. Class A | Reduce -54.6% | 2.61% | −2.43 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −1.90 |
| DELL Dell Technologies -C | Sold out | 0.00% | −1.51 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −1.47 |
| ADBE Adobe Inc. | Sold out | 0.00% | −1.46 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −1.42 |
| GTLB Gitlab Inc. Class A | Reduce -63.7% | 0.62% | −1.39 |
| NTES Netease Inc.-ADR | Sold out | 0.00% | −1.32 |
| PANW Palo Alto Networks Inc. | Reduce -36.0% | 1.93% | −1.22 |
| S Sentinelone Inc. Class A | Sold out | 0.00% | −1.17 |
| EDU New Oriental Educatio-SP ADR | Sold out | 0.00% | −1.04 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.83 |
| XHB SS SPDR S&P Homebldrs ETF | Sold out | 0.00% | −0.80 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.49 |
| NVDA Nvidia Corp. | Reduce -21.4% | 0.75% | −0.41 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −0.34 |
| VIK Viking Holdings Ltd. | Reduce -6.4% | 2.08% | −0.33 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −0.23 |
| FRO Frontline PLC | Sold out | 0.00% | −0.23 |
| UMC United Microelectron-SP ADR | Reduce -24.7% | 1.04% | −0.19 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.15 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.12 |
| WM Waste Management Inc. | Reduce -2.4% | 1.26% | +0.16 |
| SFM Sprouts Farmers Market Inc. | Reduce -4.0% | 1.73% | +0.26 |
Portfolio Buys Q4 2024 → Q1 2025
| BABA Alibaba Group Holding-SP ADR | New | 7.49% | +7.49 |
| AVGO Broadcom Inc. | New | 3.85% | +3.85 |
| MU Micron Technology Inc. | New | 3.19% | +3.19 |
| PLTR Palantir Technologies Inc. Class A | Add +4300.8% | 3.00% | +2.94 |
| TEM Tempus AI Inc. Class A | New | 2.75% | +2.75 |
| UPST Upstart Holdings Inc. | New | 2.35% | +2.35 |
| INTC Intel Corp. | New | 2.20% | +2.20 |
| MMYT Makemytrip Ltd. | New | 2.14% | +2.14 |
| FLUT Flutter Entertainment PLC-Di | New | 2.13% | +2.13 |
| NOW ServiceNow Inc. | New | 1.88% | +1.88 |
| EH Ehang Holdings Ltd.-SPS ADR | Add +585.4% | 1.97% | +1.76 |
| TSLA Tesla Inc. | New | 1.66% | +1.66 |
| SE Sea Ltd.-ADR | Add +136.2% | 2.49% | +1.65 |
| META Meta Platforms Inc. Class A | Add +872.4% | 1.76% | +1.58 |
| ANET Arista Networks Inc. | New | 1.53% | +1.53 |
| YMM Full Truck Alliance -SPN ADR | Add +185.0% | 2.04% | +1.45 |
| GLD SPDR Gold Shares | New | 1.27% | +1.27 |
| PM Philip Morris International | New | 1.25% | +1.25 |
| GE General Electric | Add +55.5% | 2.38% | +1.13 |
| DDOG Datadog Inc. Class A | New | 1.08% | +1.08 |
| VNET Vnet Group Inc.-ADR | New | 1.01% | +1.01 |
| IGV iShares Expanded Tech-Softwa | Add +3555.8% | 0.99% | +0.96 |
| LNG Cheniere Energy Inc. | Add +48.6% | 2.43% | +0.94 |
| ONON On Holding AG Class A | Add +313.2% | 1.31% | +0.92 |
| DECK Deckers Outdoor Corp. | Add +519.9% | 1.27% | +0.91 |
| GEV GE Vernova Inc. | New | 0.90% | +0.90 |
| MOS The Mosaic Co. | New | 0.87% | +0.87 |
| URNM Sprott Uranium Miners ETF | Add +92.3% | 2.28% | +0.84 |
| ETN Eaton Corp. PLC | New | 0.80% | +0.80 |
| HON Honeywell International Inc. | Add +69.4% | 1.94% | +0.74 |
| QFIN Qfin Holdings Inc.-ADR | New | 0.74% | +0.74 |
| PWR Quanta Services Inc. | Add +110.3% | 1.38% | +0.58 |
| COST Costco Wholesale Corp. | New | 0.57% | +0.57 |
| CDNS Cadence Design SYS Inc. | Add +130.5% | 1.11% | +0.55 |
| JBL Jabil Inc. | New | 0.53% | +0.53 |
| LRN Stride Inc. | New | 0.51% | +0.51 |
| TJX TJX Companies Inc. | New | 0.51% | +0.51 |
| AS Amer Sports Inc. | Add +35.2% | 1.92% | +0.47 |
| IWM iShares Russell 2000 ETF | Add +33.5% | 1.96% | +0.37 |
| WH Wyndham Hotels & Resorts Inc. | New | 0.31% | +0.31 |
| SITM Sitime Corp. | New | 0.18% | +0.18 |
| ZTO Zto Express Cayman Inc.-ADR | New | 0.12% | +0.12 |
| SNPS Synopsys Inc. | Add +1.7% | 1.51% | −0.13 |
| IBIT iShares Bitcoin Trust ETF | Add +2.1% | 2.22% | −0.19 |
| MSFT Microsoft Corp. | Add +5.7% | 5.33% | −0.21 |
| WDC Western Digital Corp. | Add +9.2% | 1.15% | −0.37 |
| CRM Salesforce Inc. | Add +5.6% | 3.17% | −0.49 |
| BILL Bill Holdings Inc. | Add +33.7% | 1.42% | −0.50 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $468.6M | TSM, TSLA, NVDA, JCI, STM |
| Q1 2026 | 39 | $718.5M | NVDA, TSM, TSLA, GE, BABA |
| Q4 2025 | 43 | $963.0M | NVDA, TSLA, TSM, BABA, GE |
| Q3 2025 | 49 | $971.1M | BABA, GE, NVDA, TSLA, TSM |
| Q2 2025 | 46 | $628.1M | BABA, GE, LRN, VIK, PM |
| Q1 2025 | 57 | $806.1M | BABA, MSFT, AVGO, MU, CRM |
| Q4 2024 | 51 | $823.8M | AMZN, NFLX, MSFT, BSX, HOOD |
| Q3 2024 | 32 | $382.0M | MSFT, HOOD, WDC, MU, NVDA |
| Q2 2024 | 38 | $424.1M | HOOD, MSFT, WDC, STNG, MRVL |
| Q1 2024 | 38 | $368.3M | MSFT, ORCL, AVGO, STNG, CRM |