Krane Funds Advisors LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), Krane Funds Advisors LLC reported 90 stock positions worth $2.4 billion. Its top holding was PDD (PDD) at 16.0% of the portfolio, followed by Kanzhun Ltd. - ADR (BZ, 11.4%) and Tencent Music Entertainm-ADR (TME, 10.8%). Compared with Q4 2023, it opened 18 new positions, sold out of 30, added to 40 and reduced 30. The biggest buy was Tencent Music Entertainm-ADR (TME, shares +3%) and the biggest sale Nio Inc. - ADR (NIO, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001536592
- Portfolio Value
- $2.4B (Q1 2024)
- SEC Filing
- 0001536592-24-000006 ↗ filed Apr 16, 2024
Holdings Value
Holdings 90 stocks · $2.4B
| PDD PDD Holdings Inc. | 16.04% | 3,294,619 | $390.4M | Add +3.0% |
| BZ Kanzhun Ltd. - ADR | 11.41% | 15,105,010 | $277.9M | Add +3.0% |
| TME Tencent Music Entertainm-ADR | 10.82% | 23,655,602 | $263.3M | Add +2.9% |
| YMM Full Truck Alliance -SPN ADR | 10.38% | 33,679,990 | $252.6M | Add +2.9% |
| VIPS Vipshop Holdings Ltd. - ADR | 9.22% | 13,078,264 | $224.4M | Add +2.9% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 8.95% | 15,203,903 | $217.9M | Add +2.9% |
| TAL Tal Education Group- ADR | 8.36% | 17,584,137 | $203.4M | Add +2.9% |
| KWEB Kranesh Csi China Internet | 7.29% | 6,592,613 | $177.4M | Add +39.0% |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 4.35% | 5,557,973 | $105.9M | Add +3.0% |
| IQ Iqiyi Inc.-ADR | 3.45% | 19,754,288 | $84.1M | Add +2.9% |
| ATHM Autohome Inc.-ADR | 2.79% | 2,544,880 | $68.0M | Add +2.9% |
| JOYY Joyy Inc.-ADR | 1.71% | 1,280,063 | $41.7M | Add +2.9% |
| LU Lufax Holding Ltd.-ADR | 1.43% | 7,818,378 | $34.8M | Add +2.2% |
| WB Weibo Corp.-Spon ADR | 1.27% | 3,239,684 | $30.8M | Add +3.0% |
| NIO Nio Inc. - ADR | 0.22% | 1,168,225 | $5.3M | Reduce -13.1% |
| ALB Albemarle Corp. | 0.18% | 35,667 | $4.5M | Add +29.0% |
| TSLA Tesla Inc. | 0.15% | 22,242 | $3.7M | Reduce -7.0% |
| RIVN Rivian Automotive Inc. Class A | 0.12% | 278,790 | $3.0M | Add +27.1% |
| KALL Kraneshares MSCI All China I | 0.08% | 112,597 | $2.1M | No change |
| MSFT Microsoft Corp. | 0.08% | 4,879 | $2.0M | Add +39.2% |
| LCID Lucid Group Inc. | 0.07% | 624,189 | $1.7M | Add +37.0% |
| KEMX Kraneshares MSCI E-MKT Ex-CH | 0.07% | 56,868 | $1.7M | No change |
| MP MP Materials Corp. | 0.06% | 102,792 | $1.5M | Add +29.3% |
| INFY Infosys Ltd.-SP ADR | 0.06% | 84,970 | $1.5M | Add +41.5% |
| NVDA Nvidia Corp. | 0.06% | 1,647 | $1.4M | New |
| PLUG Plug Power Inc. | 0.06% | 429,730 | $1.4M | Add +30.0% |
| AAPL Apple Inc. | 0.05% | 7,423 | $1.3M | Add +8.8% |
| LEGN Legend Biotech Corp.-ADR | 0.05% | 20,163 | $1.1M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 0.04% | 4,887 | $879K | Reduce -35.3% |
| META Meta Platforms Inc. Class A | 0.03% | 1,578 | $775K | New |
| NIKOLA CORP | 0.03% | 764,192 | $725K | Add +82.1% |
| HD Home Depot Inc. | 0.03% | 1,845 | $675K | Reduce -15.1% |
| MA Mastercard Inc. Class A | 0.03% | 1,408 | $673K | New |
| SE Sea Ltd.-ADR | 0.03% | 11,557 | $620K | Add +36.8% |
| PFE Pfizer Inc. | 0.02% | 21,831 | $602K | Add +7.9% |
| CSCO Cisco Systems Inc. | 0.02% | 11,722 | $580K | Reduce -7.1% |
| RTX RTX Corp. | 0.02% | 5,811 | $571K | Add +56.2% |
| TXN Texas Instruments Inc. | 0.02% | 3,305 | $565K | Reduce -8.1% |
| GS Goldman Sachs Group Inc. | 0.02% | 1,359 | $560K | Reduce -15.0% |
| BMY Bristol-Myers Squibb Co. | 0.02% | 10,426 | $550K | Add +93.5% |
| CMCSA Comcast Corp. Class A | 0.02% | 12,557 | $526K | Reduce -11.2% |
| CMI Cummins Inc. | 0.02% | 1,776 | $524K | Reduce -14.9% |
| EMR Emerson Electric Co. | 0.02% | 4,621 | $523K | Reduce -17.3% |
| PEG Public Service Enterprise GP | 0.02% | 7,737 | $521K | Add +1.3% |
| DOW Dow Inc. | 0.02% | 8,769 | $515K | New |
| FAST Fastenal Co. | 0.02% | 6,548 | $502K | Reduce -17.1% |
| KMB Kimberly-Clark Corp. | 0.02% | 3,885 | $502K | Add +80.6% |
| DUK Duke Energy Corp. | 0.02% | 5,116 | $497K | New |
| CME Cme Group Inc. | 0.02% | 2,326 | $496K | Reduce -0.2% |
| CHPT Chargepoint Holdings Inc. | 0.02% | 280,433 | $494K | Add +53.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.02% | 4,147 | $493K | Reduce -12.3% |
| SPG Simon Property Group Inc. | 0.02% | 3,240 | $486K | New |
| PKG Packaging Corp. of America | 0.02% | 2,578 | $485K | Add +65.9% |
| AEP American Electric Power | 0.02% | 5,671 | $485K | Reduce -8.3% |
| IVZ Invesco Ltd. | 0.02% | 29,501 | $482K | New |
| DTM DT Midstream Inc. | 0.02% | 7,793 | $480K | Reduce -2.5% |
| PAYX Paychex Inc. | 0.02% | 3,921 | $478K | Add +0.1% |
| UVV Universal Corp. | 0.02% | 9,373 | $476K | New |
| HESM Hess Midstream LP Class A | 0.02% | 13,056 | $473K | New |
| ETR Entergy Corp. | 0.02% | 4,432 | $470K | Reduce -5.8% |
| AMT American Tower Corp. | 0.02% | 2,419 | $465K | Reduce -5.0% |
| WSO Watsco Inc. | 0.02% | 1,086 | $464K | Reduce -5.6% |
| ED Consolidated Edison Inc. | 0.02% | 5,039 | $461K | New |
| CVS CVS Health Corp. | 0.02% | 6,345 | $459K | Add +69.0% |
| CCI Crown Castle Inc. | 0.02% | 4,437 | $459K | Add +6.1% |
| MELI MercadoLibre Inc. | 0.02% | 306 | $458K | Add +117.0% |
| WU Western Union Co. | 0.02% | 33,386 | $456K | New |
| FLO Flowers Foods Inc. | 0.02% | 18,981 | $448K | New |
| WEC WEC Energy Group Inc. | 0.02% | 5,425 | $447K | Add +89.4% |
| PSA Public Storage | 0.02% | 1,570 | $445K | New |
| SNA Snap-on Inc. | 0.02% | 1,513 | $444K | Add +78.0% |
| APD Air Products & Chemicals Inc. | 0.02% | 1,834 | $441K | Reduce -3.6% |
| CPNG Coupang Inc. | 0.02% | 24,580 | $440K | Add +78.4% |
| UGI Ugi Corp. | 0.02% | 18,260 | $439K | New |
| SON Sonoco Products Co. | 0.02% | 7,610 | $437K | Reduce -8.4% |
| GILD Gilead Sciences Inc. | 0.02% | 6,039 | $436K | Add +9.2% |
| MSM MSC Industrial Direct Co. Class A | 0.02% | 4,464 | $429K | Reduce -4.3% |
| ALE Allete Inc. | 0.02% | 7,094 | $427K | Reduce -5.4% |
| TUYA Tuya Inc. | 0.02% | 228,738 | $408K | Reduce -27.1% |
| ABBV Abbvie Inc. | 0.02% | 2,265 | $407K | Reduce -23.4% |
| JPM JPMorgan Chase & Co. | 0.02% | 1,966 | $392K | Reduce -61.8% |
| GOOG Alphabet Inc. Class C | 0.01% | 2,271 | $352K | New |
| MRK Merck & Co. Inc. | 0.01% | 2,379 | $310K | New |
| BAP Credicorp Ltd. | 0.01% | 1,746 | $295K | New |
| JNPR Juniper Networks Inc. | 0.01% | 7,789 | $289K | Reduce -51.1% |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 0.01% | 15,002 | $234K | Add +42.6% |
| RHI Robert Half Inc. | 0.01% | 2,967 | $230K | Reduce -46.9% |
| EVRG Evergy Inc. | 0.01% | 4,220 | $225K | Reduce -53.5% |
| ITW Illinois Tool Works | 0.01% | 813 | $216K | Reduce -60.7% |
| SCCO Southern Copper Corp. | 0.01% | 1,876 | $204K | New |
Portfolio Sells Q4 2023 → Q1 2024
| NIO Nio Inc. - ADR | Reduce -13.1% | 0.22% | −0.29 |
| APTV Aptiv Irish Holdings Ltd. | Sold out | 0.00% | −0.26 |
| TSLA Tesla Inc. | Reduce -7.0% | 0.15% | −0.10 |
| LTHM Livent Corp. | Sold out | 0.00% | −0.07 |
| SEDG Solaredge Technologies Inc. | Sold out | 0.00% | −0.07 |
| F Ford Motor Co. | Sold out | 0.00% | −0.07 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.03 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.03 |
| BIGGQ Big Lots Inc. | Sold out | 0.00% | −0.03 |
| KC Kingsoft Cloud Holdings-ADR | Sold out | 0.00% | −0.02 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.02 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.02 |
| XIFR XPLR Infrastructure LP | Sold out | 0.00% | −0.02 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −0.02 |
| PCAR Paccar Inc. | Sold out | 0.00% | −0.02 |
| SVC Service Pptys TR | Sold out | 0.00% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -61.8% | 0.02% | −0.02 |
| NLY Annaly Capital Management Inc. | Sold out | 0.00% | −0.02 |
| AVA Avista Corp. | Sold out | 0.00% | −0.02 |
| BKH Black Hills Corp. | Sold out | 0.00% | −0.02 |
| OGE Oge Energy Corp. | Sold out | 0.00% | −0.02 |
| PNW Pinnacle West Capital | Sold out | 0.00% | −0.02 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.02 |
| KURE Kraneshares MSCI All China H | Sold out | 0.00% | −0.01 |
| ITW Illinois Tool Works | Reduce -60.7% | 0.01% | −0.01 |
| TUYA Tuya Inc. | Reduce -27.1% | 0.02% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -35.3% | 0.04% | −0.01 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.01 |
| RHI Robert Half Inc. | Reduce -46.9% | 0.01% | −0.01 |
| ES Eversource Energy | Sold out | 0.00% | −0.01 |
| EVRG Evergy Inc. | Reduce -53.5% | 0.01% | −0.01 |
| CMS CMS Energy Corp. | Sold out | 0.00% | −0.01 |
| XEL Xcel Energy Inc. | Sold out | 0.00% | −0.01 |
| KGRN Kraneshares MSCI China Clean | Sold out | 0.00% | −0.01 |
| NJR New Jersey Resources Corp. | Sold out | 0.00% | −0.01 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −0.01 |
| FSRNQ Fisker Inc. | Sold out | 0.00% | −0.01 |
| KFVG Kraneshares Cicc China 5G | Sold out | 0.00% | −0.01 |
| JNPR Juniper Networks Inc. | Reduce -51.1% | 0.01% | −0.01 |
| LEGN Legend Biotech Corp.-ADR | Reduce -1.4% | 0.05% | −0.00 |
| CMCSA Comcast Corp. Class A | Reduce -11.2% | 0.02% | −0.00 |
| AMT American Tower Corp. | Reduce -5.0% | 0.02% | −0.00 |
| APD Air Products & Chemicals Inc. | Reduce -3.6% | 0.02% | −0.00 |
| HD Home Depot Inc. | Reduce -15.1% | 0.03% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -7.1% | 0.02% | −0.00 |
| GS Goldman Sachs Group Inc. | Reduce -15.0% | 0.02% | −0.00 |
| ABBV Abbvie Inc. | Reduce -23.4% | 0.02% | −0.00 |
| TXN Texas Instruments Inc. | Reduce -8.1% | 0.02% | −0.00 |
| MSM MSC Industrial Direct Co. Class A | Reduce -4.3% | 0.02% | −0.00 |
| ALE Allete Inc. | Reduce -5.4% | 0.02% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| TME Tencent Music Entertainm-ADR | Add +2.9% | 10.82% | +2.18 |
| KWEB Kranesh Csi China Internet | Add +39.0% | 7.29% | +1.95 |
| BZ Kanzhun Ltd. - ADR | Add +3.0% | 11.41% | +1.26 |
| YMM Full Truck Alliance -SPN ADR | Add +2.9% | 10.38% | +0.81 |
| QFIN Qfin Holdings Inc.-ADR | Add +3.0% | 4.35% | +0.79 |
| LU Lufax Holding Ltd.-ADR | Add +2.2% | 1.43% | +0.45 |
| NVDA Nvidia Corp. | New | 0.06% | +0.06 |
| META Meta Platforms Inc. Class A | New | 0.03% | +0.03 |
| MSFT Microsoft Corp. | Add +39.2% | 0.08% | +0.03 |
| MA Mastercard Inc. Class A | New | 0.03% | +0.03 |
| DOW Dow Inc. | New | 0.02% | +0.02 |
| DUK Duke Energy Corp. | New | 0.02% | +0.02 |
| SPG Simon Property Group Inc. | New | 0.02% | +0.02 |
| IVZ Invesco Ltd. | New | 0.02% | +0.02 |
| UVV Universal Corp. | New | 0.02% | +0.02 |
| HESM Hess Midstream LP Class A | New | 0.02% | +0.02 |
| ED Consolidated Edison Inc. | New | 0.02% | +0.02 |
| WU Western Union Co. | New | 0.02% | +0.02 |
| FLO Flowers Foods Inc. | New | 0.02% | +0.02 |
| PSA Public Storage | New | 0.02% | +0.02 |
| UGI Ugi Corp. | New | 0.02% | +0.02 |
| ALB Albemarle Corp. | Add +29.0% | 0.18% | +0.02 |
| INFY Infosys Ltd.-SP ADR | Add +41.5% | 0.06% | +0.02 |
| GOOG Alphabet Inc. Class C | New | 0.01% | +0.01 |
| NIKOLA CORP | Add +82.1% | 0.03% | +0.01 |
| MRK Merck & Co. Inc. | New | 0.01% | +0.01 |
| BAP Credicorp Ltd. | New | 0.01% | +0.01 |
| SE Sea Ltd.-ADR | Add +36.8% | 0.03% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +93.5% | 0.02% | +0.01 |
| RTX RTX Corp. | Add +56.2% | 0.02% | +0.01 |
| KMB Kimberly-Clark Corp. | Add +80.6% | 0.02% | +0.01 |
| MELI MercadoLibre Inc. | Add +117.0% | 0.02% | +0.01 |
| PKG Packaging Corp. of America | Add +65.9% | 0.02% | +0.01 |
| CPNG Coupang Inc. | Add +78.4% | 0.02% | +0.01 |
| SCCO Southern Copper Corp. | New | 0.01% | +0.01 |
| WEC WEC Energy Group Inc. | Add +89.4% | 0.02% | +0.01 |
| SNA Snap-on Inc. | Add +78.0% | 0.02% | +0.01 |
| CVS CVS Health Corp. | Add +69.0% | 0.02% | +0.01 |
| BVN Cia DE Minas Buenaventur-ADR | Add +42.6% | 0.01% | +0.00 |
| CHPT Chargepoint Holdings Inc. | Add +53.6% | 0.02% | +0.00 |
| PEG Public Service Enterprise GP | Add +1.3% | 0.02% | +0.00 |
| PFE Pfizer Inc. | Add +7.9% | 0.02% | +0.00 |
| PAYX Paychex Inc. | Add +0.1% | 0.02% | +0.00 |
| GILD Gilead Sciences Inc. | Add +9.2% | 0.02% | −0.00 |
| CCI Crown Castle Inc. | Add +6.1% | 0.02% | −0.00 |
| MP MP Materials Corp. | Add +29.3% | 0.06% | −0.00 |
| AAPL Apple Inc. | Add +8.8% | 0.05% | −0.00 |
| PLUG Plug Power Inc. | Add +30.0% | 0.06% | −0.00 |
| LCID Lucid Group Inc. | Add +37.0% | 0.07% | −0.01 |
| RIVN Rivian Automotive Inc. Class A | Add +27.1% | 0.12% | −0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 185 | $2.8B | PDD, YMM, TME, BZ, KCSH |
| Q1 2026 | 173 | $2.4B | PDD, YMM, TAL, BZ, KCSH |
| Q4 2025 | 159 | $3.1B | PDD, TME, YMM, BZ, TAL |
| Q3 2025 | 137 | $3.5B | PDD, TME, BZ, YMM, VIPS |
| Q2 2025 | 138 | $2.5B | PDD, TME, BZ, YMM, QFIN |
| Q1 2025 | 119 | $3.5B | PDD, BZ, TME, YMM, QFIN |
| Q4 2024 | 113 | $2.4B | PDD, BEKE, YMM, BZ, TME |
| Q3 2024Amended | 96 | $2.8B | PDD, BEKE, KCSH, VIPS, YMM |
| Q2 2024 | 92 | $2.4B | PDD, TME, BEKE, YMM, BZ |
| Q1 2024 | 90 | $2.4B | PDD, BZ, TME, YMM, VIPS |