Krane Funds Advisors LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), Krane Funds Advisors LLC reported 92 stock positions worth $2.4 billion. Its top holding was PDD (PDD) at 19.6% of the portfolio, followed by Tencent Music Entertainm-ADR (TME, 10.2%) and Ke Holdings Inc.-ADR (BEKE, 9.5%). Compared with Q1 2024, it opened 13 new positions, sold out of 11, added to 19 and reduced 60. The biggest buy was PDD (PDD, shares +6%) and the biggest sale Kanzhun Ltd. - ADR (BZ, shares −23%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001536592
Portfolio Value
$2.4B (Q2 2024)
SEC Filing
0001536592-24-000008 ↗ filed Aug 8, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.4B Q1 2024 Q2 2024: $2.4B $2.4B Q2 2024 Q3 2024: $2.8B Q3 2024 Q4 2024: $2.4B Q4 2024 Q1 2025: $3.5B Q1 2025 Q2 2025: $2.5B Q2 2025 Q3 2025: $3.5B Q3 2025 Q4 2025: $3.1B Q4 2025 Q1 2026: $2.4B Q1 2026 Q2 2026: $2.8B Q2 2026

Holdings 92 stocks · $2.4B
PDD PDD Holdings Inc. 19.61% 3,496,056 $464.8M Add +6.1%
TME Tencent Music Entertainm-ADR 10.22% 17,245,981 $242.3M Reduce -27.1%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 9.52% 15,941,888 $225.6M Add +4.8%
YMM Full Truck Alliance -SPN ADR 9.31% 27,448,978 $220.7M Reduce -18.5%
BZ Kanzhun Ltd. - ADR 9.18% 11,560,292 $217.4M Reduce -23.5%
TAL Tal Education Group- ADR 8.71% 19,333,575 $206.3M Add +9.9%
VIPS Vipshop Holdings Ltd. - ADR 8.65% 15,737,381 $204.9M Add +20.3%
KWEB Kranesh Csi China Internet 7.96% 6,981,513 $188.6M Add +5.9%
QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 5.18% 6,216,925 $122.7M Add +11.9%
ATHM Autohome Inc.-ADR 3.26% 2,816,972 $77.3M Add +10.7%
IQ Iqiyi Inc.-ADR 1.95% 12,615,398 $46.3M Reduce -36.1%
JOYY Joyy Inc.-ADR 1.80% 1,414,457 $42.6M Add +10.5%
WB Weibo Corp.-Spon ADR 1.23% 3,803,752 $29.2M Add +17.4%
LU Lufax Holding Ltd.-ADR 0.88% 8,774,643 $20.8M Add +12.2%
NIO Nio Inc. - ADR 0.27% 1,538,781 $6.4M Add +31.7%
TSLA Tesla Inc. 0.19% 22,455 $4.4M Add +1.0%
RIVN Rivian Automotive Inc. Class A 0.13% 232,376 $3.1M Reduce -16.6%
ALB Albemarle Corp. 0.13% 31,343 $3.0M Reduce -12.1%
KALL Kraneshares MSCI All China I 0.10% 132,010 $2.5M Add +17.2%
KEMX Kraneshares MSCI E-MKT Ex-CH 0.08% 65,806 $2.0M Add +15.7%
MSFT Microsoft Corp. 0.08% 4,392 $2.0M Reduce -10.0%
NVDA Nvidia Corp. 0.08% 15,030 $1.9M Reduce -8.7%
ALTM Arcadium Lithium PLC 0.08% 543,213 $1.8M New
INFY Infosys Ltd.-SP ADR 0.06% 78,973 $1.5M Reduce -7.1%
LCID Lucid Group Inc. 0.06% 531,768 $1.4M Reduce -14.8%
AAPL Apple Inc. 0.05% 5,570 $1.2M Reduce -25.0%
AMZN Amazon.com Inc. 0.04% 5,406 $1.0M Add +10.6%
MP MP Materials Corp. 0.04% 73,756 $939K Reduce -28.3%
PLUG Plug Power Inc. 0.04% 401,943 $937K Reduce -6.5%
LEGN Legend Biotech Corp.-ADR 0.04% 19,960 $884K Reduce -1.0%
META Meta Platforms Inc. Class A 0.03% 1,568 $791K Reduce -0.6%
HD Home Depot Inc. 0.03% 2,186 $753K Add +18.5%
JKS Jinkosolar Holding Co.-ADR 0.03% 30,483 $632K New
CSCO Cisco Systems Inc. 0.02% 12,349 $587K Add +5.3%
PFE Pfizer Inc. 0.02% 20,659 $578K Reduce -5.4%
SE Sea Ltd.-ADR 0.02% 7,619 $544K Reduce -34.1%
GS Goldman Sachs Group Inc. 0.02% 1,157 $523K Reduce -14.9%
TXN Texas Instruments Inc. 0.02% 2,671 $520K Reduce -19.2%
KMB Kimberly-Clark Corp. 0.02% 3,754 $519K Reduce -3.4%
DTM DT Midstream Inc. 0.02% 7,120 $506K Reduce -8.6%
DUK Duke Energy Corp. 0.02% 4,979 $499K Reduce -2.7%
AEP American Electric Power 0.02% 5,620 $493K Reduce -0.9%
CMCSA Comcast Corp. Class A 0.02% 12,344 $483K Reduce -1.7%
SPG Simon Property Group Inc. 0.02% 3,120 $474K Reduce -3.7%
ETR Entergy Corp. 0.02% 4,408 $472K Reduce -0.5%
AMT American Tower Corp. 0.02% 2,372 $461K Reduce -1.9%
HESM Hess Midstream LP Class A 0.02% 12,550 $457K Reduce -3.9%
PAYX Paychex Inc. 0.02% 3,854 $457K Reduce -1.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.02% 3,941 $454K Reduce -5.0%
PSA Public Storage 0.02% 1,552 $446K Reduce -1.1%
ED Consolidated Edison Inc. 0.02% 4,987 $446K Reduce -1.0%
PKG Packaging Corp. of America 0.02% 2,432 $444K Reduce -5.7%
ADP Automatic Data Processing 0.02% 1,860 $444K New
DOW Dow Inc. 0.02% 8,356 $443K Reduce -4.7%
APD Air Products & Chemicals Inc. 0.02% 1,709 $441K Reduce -6.8%
CCI Crown Castle Inc. 0.02% 4,427 $433K Reduce -0.2%
ALE Allete Inc. 0.02% 6,898 $430K Reduce -2.8%
UVV Universal Corp. 0.02% 8,880 $428K Reduce -5.3%
WEC WEC Energy Group Inc. 0.02% 5,326 $418K Reduce -1.8%
FLO Flowers Foods Inc. 0.02% 18,779 $417K Reduce -1.1%
MELI MercadoLibre Inc. 0.02% 252 $414K Reduce -17.6%
BMY Bristol-Myers Squibb Co. 0.02% 9,924 $412K Reduce -4.8%
UGI Ugi Corp. 0.02% 17,888 $410K Reduce -2.0%
GILD Gilead Sciences Inc. 0.02% 5,925 $407K Reduce -1.9%
MRK Merck & Co. Inc. 0.02% 3,239 $401K Add +36.1%
WU Western Union Co. 0.02% 32,549 $398K Reduce -2.5%
FAST Fastenal Co. 0.02% 6,329 $398K Reduce -3.3%
SNA Snap-on Inc. 0.02% 1,500 $392K Reduce -0.9%
LLY Eli Lilly & Co. 0.02% 419 $379K New
CPNG Coupang Inc. 0.02% 18,034 $378K Reduce -26.6%
PEG Public Service Enterprise GP 0.02% 5,093 $375K Reduce -34.2%
SON Sonoco Products Co. 0.02% 7,220 $366K Reduce -5.1%
ABBV Abbvie Inc. 0.02% 2,117 $363K Reduce -6.5%
BLK BlackRock Finance Inc. 0.01% 452 $356K New
TUYA Tuya Inc. 0.01% 206,397 $353K Reduce -9.8%
MSM MSC Industrial Direct Co. Class A 0.01% 4,296 $341K Reduce -3.8%
MO Altria Group Inc. 0.01% 7,352 $335K New
JPM JPMorgan Chase & Co. 0.01% 1,649 $334K Reduce -16.1%
PSX Phillips 66 0.01% 2,268 $320K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 1,822 $315K New
GOOG Alphabet Inc. Class C 0.01% 1,669 $306K Reduce -26.5%
UNP Union Pacific Corp. 0.01% 1,269 $287K New
WSO Watsco Inc. 0.01% 611 $283K Reduce -43.7%
PG The Procter & Gamble Co. 0.01% 1,699 $280K New
BAP Credicorp Ltd. 0.01% 1,620 $261K Reduce -7.2%
EQIX Equinix Inc. 0.01% 345 $261K New
CMI Cummins Inc. 0.01% 867 $240K Reduce -51.2%
BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU 0.01% 13,878 $235K Reduce -7.5%
EVRG Evergy Inc. 0.01% 4,250 $225K Add +0.7%
NKLAQ Nikola Corp. 0.01% 25,140 $206K Reduce -1.3%
OGS One Gas Inc. 0.01% 3,188 $204K New
DLO Dlocal Ltd. 0.01% 15,090 $122K New

Portfolio Sells Q1 2024 → Q2 2024
BZ Kanzhun Ltd. - ADR Reduce -23.5% 9.18% −2.24
IQ Iqiyi Inc.-ADR Reduce -36.1% 1.95% −1.50
YMM Full Truck Alliance -SPN ADR Reduce -18.5% 9.31% −1.06
TME Tencent Music Entertainm-ADR Reduce -27.1% 10.22% −0.59
ALB Albemarle Corp. Reduce -12.1% 0.13% −0.06
MA Mastercard Inc. Class A Sold out 0.00% −0.03
RTX RTX Corp. Sold out 0.00% −0.02
MP MP Materials Corp. Reduce -28.3% 0.04% −0.02
EMR Emerson Electric Co. Sold out 0.00% −0.02
NKLAQ Nikola Corp. Reduce -1.3% 0.01% −0.02
CME Cme Group Inc. Sold out 0.00% −0.02
CHPT Chargepoint Holdings Inc. Sold out 0.00% −0.02
IVZ Invesco Ltd. Sold out 0.00% −0.02
CVS CVS Health Corp. Sold out 0.00% −0.02
PLUG Plug Power Inc. Reduce -6.5% 0.04% −0.02
JNPR Juniper Networks Inc. Sold out 0.00% −0.01
CMI Cummins Inc. Reduce -51.2% 0.01% −0.01
LCID Lucid Group Inc. Reduce -14.8% 0.06% −0.01
LEGN Legend Biotech Corp.-ADR Reduce -1.0% 0.04% −0.01
RHI Robert Half Inc. Sold out 0.00% −0.01
ITW Illinois Tool Works Sold out 0.00% −0.01
SCCO Southern Copper Corp. Sold out 0.00% −0.01
WSO Watsco Inc. Reduce -43.7% 0.01% −0.01
PEG Public Service Enterprise GP Reduce -34.2% 0.02% −0.01
BMY Bristol-Myers Squibb Co. Reduce -4.8% 0.02% −0.01
FAST Fastenal Co. Reduce -3.3% 0.02% −0.00
MSM MSC Industrial Direct Co. Class A Reduce -3.8% 0.01% −0.00
SE Sea Ltd.-ADR Reduce -34.1% 0.02% −0.00
SON Sonoco Products Co. Reduce -5.1% 0.02% −0.00
DOW Dow Inc. Reduce -4.7% 0.02% −0.00
AAPL Apple Inc. Reduce -25.0% 0.05% −0.00
CPNG Coupang Inc. Reduce -26.6% 0.02% −0.00
JPM JPMorgan Chase & Co. Reduce -16.1% 0.01% −0.00
WU Western Union Co. Reduce -2.5% 0.02% −0.00
TUYA Tuya Inc. Reduce -9.8% 0.01% −0.00
SNA Snap-on Inc. Reduce -0.9% 0.02% −0.00
GOOG Alphabet Inc. Class C Reduce -26.5% 0.01% −0.00
UVV Universal Corp. Reduce -5.3% 0.02% −0.00
ABBV Abbvie Inc. Reduce -6.5% 0.02% −0.00
MELI MercadoLibre Inc. Reduce -17.6% 0.02% −0.00
TXN Texas Instruments Inc. Reduce -19.2% 0.02% −0.00
CMCSA Comcast Corp. Class A Reduce -1.7% 0.02% −0.00
MSFT Microsoft Corp. Reduce -10.0% 0.08% −0.00
PKG Packaging Corp. of America Reduce -5.7% 0.02% −0.00
TROW T Rowe Price Group Inc. Reduce -5.0% 0.02% −0.00
BAP Credicorp Ltd. Reduce -7.2% 0.01% −0.00
GS Goldman Sachs Group Inc. Reduce -14.9% 0.02% −0.00
FLO Flowers Foods Inc. Reduce -1.1% 0.02% −0.00
GILD Gilead Sciences Inc. Reduce -1.9% 0.02% −0.00
UGI Ugi Corp. Reduce -2.0% 0.02% −0.00

Portfolio Buys Q1 2024 → Q2 2024
PDD PDD Holdings Inc. Add +6.1% 19.61% +3.58
QFIN Qfin Holdings Inc.-ADR Add +11.9% 5.18% +0.83
KWEB Kranesh Csi China Internet Add +5.9% 7.96% +0.67
BEKE Ke Holdings Inc.-ADR Add +4.8% 9.52% +0.57
ATHM Autohome Inc.-ADR Add +10.7% 3.26% +0.47
TAL Tal Education Group- ADR Add +9.9% 8.71% +0.35
JOYY Joyy Inc.-ADR Add +10.5% 1.80% +0.08
ALTM Arcadium Lithium PLC New 0.08% +0.08
NIO Nio Inc. - ADR Add +31.7% 0.27% +0.05
TSLA Tesla Inc. Add +1.0% 0.19% +0.04
JKS Jinkosolar Holding Co.-ADR New 0.03% +0.03
KALL Kraneshares MSCI All China I Add +17.2% 0.10% +0.02
ADP Automatic Data Processing New 0.02% +0.02
LLY Eli Lilly & Co. New 0.02% +0.02
BLK BlackRock Finance Inc. New 0.01% +0.01
KEMX Kraneshares MSCI E-MKT Ex-CH Add +15.7% 0.08% +0.01
MO Altria Group Inc. New 0.01% +0.01
PSX Phillips 66 New 0.01% +0.01
IBM Intl Business Machines Corp. New 0.01% +0.01
UNP Union Pacific Corp. New 0.01% +0.01
PG The Procter & Gamble Co. New 0.01% +0.01
EQIX Equinix Inc. New 0.01% +0.01
OGS One Gas Inc. New 0.01% +0.01
AMZN Amazon.com Inc. Add +10.6% 0.04% +0.01
DLO Dlocal Ltd. New 0.01% +0.01
MRK Merck & Co. Inc. Add +36.1% 0.02% +0.00
HD Home Depot Inc. Add +18.5% 0.03% +0.00
CSCO Cisco Systems Inc. Add +5.3% 0.02% +0.00
EVRG Evergy Inc. Add +0.7% 0.01% +0.00
WB Weibo Corp.-Spon ADR Add +17.4% 1.23% −0.03
LU Lufax Holding Ltd.-ADR Add +12.2% 0.88% −0.55
VIPS Vipshop Holdings Ltd. - ADR Add +20.3% 8.65% −0.57

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 185$2.8BPDD, YMM, TME, BZ, KCSH
Q1 2026 173$2.4BPDD, YMM, TAL, BZ, KCSH
Q4 2025 159$3.1BPDD, TME, YMM, BZ, TAL
Q3 2025 137$3.5BPDD, TME, BZ, YMM, VIPS
Q2 2025 138$2.5BPDD, TME, BZ, YMM, QFIN
Q1 2025 119$3.5BPDD, BZ, TME, YMM, QFIN
Q4 2024 113$2.4BPDD, BEKE, YMM, BZ, TME
Q3 2024Amended 96$2.8BPDD, BEKE, KCSH, VIPS, YMM
Q2 2024 92$2.4BPDD, TME, BEKE, YMM, BZ
Q1 2024 90$2.4BPDD, BZ, TME, YMM, VIPS