KEYWISE CAPITAL MANAGEMENT (HK) Ltd In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), KEYWISE CAPITAL MANAGEMENT (HK) Ltd reported 13 stock positions worth $1.1 billion . Its top holding was Palantir Technologies Class A (PLTR) at 30.9% of the portfolio, followed by Alphabet Class A (GOOGL, 20.3% ) and Nvidia (NVDA, 15.8% ). Compared with Q1 2025, it opened 2 new positions, added to 5 and reduced 3. The biggest buy was Alphabet Class A (GOOGL, shares +191% ) and the biggest sale Palantir Technologies Class A (PLTR, shares −42% ).
Location HONG KONG, K3
CIK 0001474069
Portfolio Value $1.1B (Q2 2025) Holdings 13 stocks · $1.1B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 PLTR Palantir Technologies Inc. Class A 2,484,400 $338.7M Reduce -41.5% GOOGL Alphabet Inc. Class A 1,264,650 $222.9M Add +191.0% NVDA Nvidia Corp. 1,099,950 $173.8M Reduce -0.1% MNSO Miniso Group Holding Ltd.-ADR 9,335,035 $170.1M Add +1.3% PDD PDD Holdings Inc. 1,325,050 $138.7M Add +15.0% YMM Full Truck Alliance -SPN ADR 4,279,365 $50.5M Add +1.1% TSM Taiwan Semiconductor-SP ADR 3,230 $732K Reduce -25.4% ATAT Atour Lifestyle Holdings-ADR 20,800 $676K Add +98.1% HOOD Robinhood Markets Inc. Class A 4,700 $440K New GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 13,200 $404K No change BABA Alibaba Group Holding-SP ADR 2,300 $261K No change COIN Coinbase Global Inc. Class A 700 $245K New TCOM Trip.com Group Ltd.-ADR 3,850 $226K No change
Options reported separately and not counted above: GOOGL calls ($57.9M), AAPL puts ($16.8M), TSLA puts ($9.2M), PDD calls ($6.8M).
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ PLTR Palantir Technologies Inc. Class A Reduce -41.5% 30.86% −8.64 TSM Taiwan Semiconductor-SP ADR Reduce -25.4% 0.07% −0.01 NVDA Nvidia Corp. Reduce -0.1% 15.83% +2.69
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ GOOGL Alphabet Inc. Class A Add +191.0% 20.30% +12.90 HOOD Robinhood Markets Inc. Class A New 0.04% +0.04 ATAT Atour Lifestyle Holdings-ADR Add +98.1% 0.06% +0.03 COIN Coinbase Global Inc. Class A New 0.02% +0.02 YMM Full Truck Alliance -SPN ADR Add +1.1% 4.60% −1.35 PDD PDD Holdings Inc. Add +15.0% 12.63% −2.39 MNSO Miniso Group Holding Ltd.-ADR Add +1.3% 15.50% −3.27
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ GOOGL Alphabet Inc. Class A call Add +824.8% 328,300 $57.9M AAPL Apple Inc. put New 82,000 $16.8M TSLA Tesla Inc. put Add +93.3% 29,000 $9.2M PLTR Palantir Technologies Inc. Class A call Sold out 2,800 $236Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 12 $694.4M TSM, GOOGL, STX, CRCL, PDD Q1 2026 10 $593.3M TSM, GOOGL, CRCL, PLTR, STX Q4 2025 17 $1.3B GOOGL, PLTR, EL, CRCL, NVDA Q3 2025 19 $1.2B PLTR, GOOGL, NVDA, MNSO, CRCL Q2 2025 13 $1.1B PLTR, GOOGL, NVDA, MNSO, PDD Q1 2025 11 $907.8M PLTR, MNSO, PDD, NVDA, GOOGL Q4 2024 14 $1.2B PLTR, MNSO, TSM, PDD, NVDA Q3 2024 14 $1.0B PLTR, TSM, PDD, MNSO, EDU Q2 2024 12 $827.2M TSM, PLTR, MNSO, EDU, PDD Q1 2024 12 $737.5M TSM, PLTR, EDU, MNSO, NVDA