Krane Funds Advisors LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Krane Funds Advisors LLC reported 173 stock positions worth $2.4 billion. Its top holding was PDD (PDD) at 23.9% of the portfolio, followed by Full Truck Alliance -SPN ADR (YMM, 9.7%) and Tal Education Group- ADR (TAL, 8.8%). Compared with Q4 2025, it opened 26 new positions, sold out of 12, added to 123 and reduced 24. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +51%) and the biggest sale Tencent Music Entertainm-ADR (TME, shares −11%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001536592
Portfolio Value
$2.4B (Q1 2026)
SEC Filing
0001536592-26-000003 ↗ filed May 11, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.4B Q1 2024 Q2 2024: $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 $2.4B Q1 2026 Q2 2026: $2.8B Q2 2026

Holdings 173 stocks · $2.4B
PDD PDD Holdings Inc. 23.88% 5,733,184 $581.6M Reduce -10.4%
YMM Full Truck Alliance -SPN ADR 9.70% 28,600,929 $236.2M Reduce -10.9%
TAL Tal Education Group- ADR filed as TAL ED GROUP 8.80% 18,979,044 $214.3M Reduce -10.6%
BZ Kanzhun Ltd. - ADR 7.92% 14,227,567 $192.8M Reduce -11.4%
KCSH Kraneshares Sust U S D I ETF 7.04% 6,841,400 $171.4M Reduce -9.4%
VIPS Vipshop Holdings Ltd. - ADR 7.01% 11,423,108 $170.7M Reduce -10.7%
TME Tencent Music Entertainm-ADR 6.63% 17,884,151 $161.6M Reduce -10.8%
KWEB Kranesh Csi China Internet 4.80% 4,161,200 $117.0M Add +7.9%
SPY SS SPDR S&P 500 ETF Trust-US 3.26% 121,000 $79.5M Add +50.5%
JOYY Joyy Inc.-ADR 2.85% 1,175,859 $69.4M Reduce -10.9%
QFIN Qfin Holdings Inc.-ADR 2.73% 5,072,913 $66.4M Reduce -10.5%
ATHM Autohome Inc.-ADR 1.98% 2,765,600 $48.1M Reduce -10.6%
WB Weibo Corp.-Spon ADR 1.38% 3,820,295 $33.6M Reduce -10.6%
NVDA Nvidia Corp. 0.61% 84,082 $14.9M Add +114.1%
TSLA Tesla Inc. 0.47% 32,818 $11.4M Add +46.9%
MSFT Microsoft Corp. 0.37% 24,410 $9.1M Add +81.0%
AMZN Amazon.com Inc. 0.28% 32,726 $6.9M Add +72.2%
AVGO Broadcom Inc. 0.27% 21,085 $6.6M Add +157.7%
META Meta Platforms Inc. Class A 0.26% 11,153 $6.4M Add +33.5%
AAPL Apple Inc. 0.25% 23,857 $6.2M Add +175.2%
GOOGL Alphabet Inc. Class A 0.25% 20,440 $6.1M Add +66.7%
MP MP Materials Corp. 0.19% 93,472 $4.7M Add +30.3%
AMD Advanced Micro Devices 0.19% 20,924 $4.6M Add +85.1%
TEL Te Connectivity PLC 0.19% 21,690 $4.5M Add +149.4%
NOW ServiceNow Inc. 0.18% 43,054 $4.4M Add +77.7%
ANET Arista Networks Inc. 0.17% 32,659 $4.1M Add +79.7%
PLTR Palantir Technologies Inc. Class A 0.16% 26,029 $3.8M Add +83.0%
SNPS Synopsys Inc. 0.16% 9,630 $3.8M Add +70.3%
TXN Texas Instruments Inc. 0.15% 18,910 $3.7M Add +35.5%
NFLX Netflix Inc. 0.15% 37,610 $3.7M Add +87.5%
APH Amphenol Corp. Class A 0.15% 28,882 $3.7M Add +60.1%
NBIS Nebius Group NV 0.15% 31,926 $3.6M Add +124.7%
ORCL Oracle Corp. 0.15% 24,453 $3.5M Add +146.5%
MBLY Mobileye Global Inc. Class A 0.14% 471,067 $3.5M Add +112.4%
NET Cloudflare Inc. Class A 0.14% 16,253 $3.4M Add +115.2%
CIEN Ciena Corp. 0.14% 7,564 $3.3M New
JBL Jabil Inc. 0.13% 12,236 $3.3M Add +32.6%
CRDO Credo Technology Group Holdi 0.13% 31,049 $3.2M Add +124.3%
ALB Albemarle Corp. 0.13% 18,523 $3.2M Reduce -20.3%
ADI Analog Devices Inc. 0.13% 9,579 $3.1M Add +31.4%
TDY Teledyne Technologies Inc. 0.13% 4,940 $3.1M Add +27.8%
FLEX Flex Ltd. filed as FLEXTRONICS INTL LTD 0.13% 45,827 $3.1M New
VRT Vertiv Holdings Co. Class A 0.13% 11,861 $3.1M Add +127.3%
MOG.A Moog Inc. Class A 0.13% 10,425 $3.1M Add +24.1%
NEE Nextera Energy Inc. 0.13% 33,115 $3.1M New
PANW Palo Alto Networks Inc. 0.12% 18,744 $3.0M Add +55.7%
NXPI NXP Semiconductors NV 0.12% 15,423 $3.0M Add +69.4%
RBC RBC Bearings Inc. 0.12% 5,505 $3.0M Add +24.4%
ST Sensata Technologies Holdplc 0.12% 86,395 $3.0M Add +42.5%
RRX Regal Rexnord Corp. 0.12% 16,190 $3.0M Add +15.1%
NOVT Novanta Inc. 0.12% 25,341 $3.0M Add +52.9%
CRM Salesforce Inc. 0.12% 15,484 $2.9M Add +87.6%
TWLO Twilio Inc. Class A 0.11% 20,486 $2.7M Add +65.1%
DDOG Datadog Inc. Class A 0.11% 22,903 $2.7M Add +108.5%
APTV Aptiv PLC 0.11% 43,289 $2.6M Add +66.2%
WULF Terawulf Inc. 0.11% 168,059 $2.6M New
CEG Constellation Energy 0.11% 9,376 $2.6M Add +249.5%
ARM Arm Holdings PLC-ADR 0.11% 17,450 $2.6M Add +292.1%
CRWV Coreweave Inc. Class A 0.11% 31,853 $2.6M Add +126.1%
IOT Samsara Inc. Class A 0.10% 75,948 $2.4M Add +80.2%
SNOW Snowflake Inc. 0.10% 16,122 $2.4M Add +141.9%
CRCL Circle Internet Group Inc. 0.09% 24,502 $2.2M Add +174.1%
MU Micron Technology Inc. 0.09% 5,765 $2.2M Add +80.5%
ALAB Astera Labs Inc. 0.09% 18,483 $2.2M Add +205.5%
RIOT Riot Platforms Inc. 0.09% 162,326 $2.2M New
ISRG Intuitive Surgical Inc. 0.09% 4,744 $2.1M Add +31.8%
HUT Hut 8 Corp. 0.09% 42,208 $2.1M New
RBLX Roblox Corp. Class A 0.08% 36,161 $2.1M Add +133.1%
FTNT Fortinet Inc. 0.08% 23,995 $2.0M Add +25.0%
RIVN Rivian Automotive Inc. Class A 0.08% 124,204 $1.9M Reduce -9.2%
LULU Lululemon Athletica Inc. 0.08% 12,200 $1.9M Add +31.2%
TEM Tempus AI Inc. Class A 0.08% 39,112 $1.9M Add +98.5%
P Everpure Inc. Class A 0.08% 30,225 $1.9M Add +117.2%
CDNS Cadence Design SYS Inc. 0.07% 6,535 $1.8M Add +21.0%
ORLY O'reilly Automotive Inc. 0.07% 19,205 $1.8M Add +22.3%
CRWD CrowdStrike Holdings Inc. Class A 0.07% 4,332 $1.7M Add +31.3%
AZO AutoZone Inc. 0.07% 500 $1.7M Add +25.0%
APLD Applied Digital Corp. 0.07% 68,074 $1.7M New
SE Sea Ltd.-ADR 0.07% 20,005 $1.7M Add +86.9%
FSLR First Solar Inc. 0.07% 8,200 $1.6M Add +22.4%
UBER Uber Technologies Inc. 0.06% 21,400 $1.5M Add +21.6%
DUOL Duolingo 0.06% 15,427 $1.5M Add +165.5%
RDDT Reddit Inc. Class A 0.06% 10,909 $1.5M Add +65.5%
ADBE Adobe Inc. 0.06% 6,151 $1.5M Reduce -38.5%
MDB Mongodb Inc. 0.06% 5,807 $1.5M Add +64.3%
ADSK Autodesk Inc. 0.06% 6,027 $1.4M Add +7.6%
FICO Fair Isaac Corp. 0.06% 1,300 $1.4M Add +62.5%
U Unity Software Inc. 0.06% 62,988 $1.4M New
AUR Aurora Innovation Inc. 0.06% 326,307 $1.4M Add +1.0%
CPNG Coupang Inc. 0.05% 66,435 $1.3M Add +82.3%
MELI MercadoLibre Inc. 0.05% 738 $1.3M Add +53.8%
BSX Boston Scientific Corp. 0.05% 19,900 $1.2M Add +25.2%
ZS Zscaler Inc. 0.05% 8,699 $1.2M Add +172.7%
DASH DoorDash Inc. Class A 0.05% 7,752 $1.2M Add +27.1%
WDAY Workday Inc. Class A 0.05% 8,626 $1.1M Add +26.9%
GOOG Alphabet Inc. Class C 0.04% 3,355 $996K Add +141.4%
TEAM Atlassian Corp. Class A 0.04% 13,771 $938K Add +108.9%
INFY Infosys Ltd.-SP ADR 0.04% 67,568 $930K Add +36.7%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.04% 40,100 $891K Add +22.6%
FISV Fiserv Inc. 0.04% 15,500 $874K Add +17.4%
SCCO Southern Copper Corp. 0.04% 4,886 $856K Add +171.1%
JNJ Johnson & Johnson 0.03% 3,529 $851K Add +20.6%
SMCI Super Micro Computer Inc. 0.03% 38,000 $851K Add +22.6%
JPM JPMorgan Chase & Co. 0.03% 2,814 $832K Add +40.1%
CSCO Cisco Systems Inc. 0.03% 9,605 $765K Reduce -41.8%
VNET Vnet Group Inc.-ADR 0.03% 91,829 $747K New
PLUG Plug Power Inc. filed as PLUG PWR INC 0.03% 279,829 $740K Add +17.3%
GS Goldman Sachs Group Inc. 0.03% 854 $735K Add +48.5%
ABBV Abbvie Inc. 0.03% 3,418 $706K Add +73.9%
HD Home Depot Inc. 0.03% 1,930 $626K Add +29.0%
MO Altria Group Inc. 0.02% 9,110 $600K Add +43.4%
LEGN Legend Biotech Corp.-ADR 0.02% 31,538 $593K Add +9.4%
SPG Simon Property Group Inc. 0.02% 2,992 $568K Add +29.2%
PFE Pfizer Inc. 0.02% 20,234 $567K Add +15.3%
PM Philip Morris International 0.02% 3,555 $565K Add +44.1%
BMY Bristol-Myers Squibb Co. 0.02% 9,531 $563K Add +29.3%
ADP Automatic Data Processing 0.02% 2,746 $560K New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.02% 6,189 $552K Add +52.1%
ITW Illinois Tool Works 0.02% 2,131 $550K Add +33.0%
TPR Tapestry Inc. 0.02% 3,862 $548K Reduce -3.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 2,222 $547K Add +31.5%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.02% 8,956 $541K New
AMH American Homes 4 Rent- A 0.02% 18,322 $536K Add +149.0%
UPS United Parcel Service Class B 0.02% 5,489 $533K Add +11.9%
WPC WP Carey Inc. 0.02% 7,547 $526K Add +26.3%
PAYX Paychex Inc. 0.02% 5,729 $525K Add +56.0%
PSA Public Storage 0.02% 1,865 $525K Add +19.7%
VZ Verizon Communications Inc. 0.02% 10,565 $519K Add +18.7%
UPBD Upbound Group Inc. 0.02% 28,778 $518K Add +27.4%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.02% 18,495 $512K Add +27.3%
MAIN Main Street Capital Corp. 0.02% 9,483 $510K Add +125.1%
FLO Flowers Foods Inc. 0.02% 61,571 $510K Add +182.5%
BBY Best Buy Co. Inc. 0.02% 7,901 $508K Add +53.0%
WU Western Union Co. 0.02% 57,413 $504K Add +13.3%
ENR Energizer Holdings Inc. 0.02% 29,477 $492K Add +33.3%
CALM Cal-Maine Foods Inc. 0.02% 6,102 $485K Add +34.9%
JKS Jinkosolar Holding Co.-ADR 0.02% 19,440 $464K Add +2.9%
KMI Kinder Morgan Inc. 0.02% 14,030 $463K Add +57.4%
WEN The Wendy's Co. 0.02% 63,732 $455K New
HSAI Hesai Group 0.02% 22,094 $455K Reduce -11.0%
AMBA Ambarella Inc. 0.02% 8,626 $438K Reduce -2.5%
TUYA Tuya Inc. 0.02% 176,229 $412K Add +6.9%
CVX Chevron Corp. 0.02% 2,064 $410K Add +17.6%
DLO Dlocal Ltd. 0.02% 31,909 $402K Add +56.7%
FAST Fastenal Co. 0.02% 8,372 $385K New
UNP Union Pacific Corp. 0.02% 1,531 $376K Add +4.0%
HOG Harley-Davidson Inc. 0.02% 17,531 $368K New
OKE Oneok Inc. 0.01% 4,029 $357K New
SNA Snap-on Inc. 0.01% 973 $355K Add +31.3%
WRD Weride Inc.-ADR 0.01% 44,398 $340K Add +4.2%
MS Morgan Stanley 0.01% 2,040 $339K Add +56.0%
PONY Pony AI Inc. 0.01% 37,569 $337K Add +5.6%
STX Seagate Technology Holdings 0.01% 721 $329K New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.01% 23,008 $328K Add +36.7%
REG Regency Centers Corp. 0.01% 4,186 $321K New
BAP Credicorp Ltd. 0.01% 945 $320K New
UNH Unitedhealth Group Inc. 0.01% 1,124 $317K New
MSM MSC Industrial Direct Co. Class A 0.01% 3,204 $291K Reduce -23.4%
STZ Constellation Brands Inc. Class A 0.01% 1,858 $286K New
RF Regions Financial Corp. 0.01% 10,631 $282K Reduce -10.4%
AEP American Electric Power 0.01% 2,043 $271K New
BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU 0.01% 7,419 $270K New
CMI Cummins Inc. 0.01% 429 $235K Reduce -11.6%
LCID Lucid Group Inc. 0.01% 25,488 $233K Reduce -6.9%
SNDK Sandisk Corp. 0.01% 300 $218K New
HST Host Hotels & Resorts Inc. 0.01% 10,066 $192K New
CAG Conagra Brands Inc. 0.01% 11,831 $187K New
TDOC Teladoc Health Inc. 0.01% 27,387 $146K Add +68.8%
SLDP Solid Power Inc. 0.00% 31,136 $91K Add +3.6%
ASAN Asana Inc. Class A 0.00% 12,552 $79K New
LFST Lifestance Health Group Inc. 0.00% 10,819 $69K Add +6.6%
MVST Microvast Holdings Inc. 0.00% 39,119 $61K Reduce -9.0%
PTON Peloton Interactive Inc. Class A 0.00% 12,630 $60K Reduce -3.3%

Portfolio Sells Q4 2025 → Q1 2026
TME Tencent Music Entertainm-ADR Reduce -10.8% 6.63% −4.77
BZ Kanzhun Ltd. - ADR Reduce -11.4% 7.92% −2.71
YMM Full Truck Alliance -SPN ADR Reduce -10.9% 9.70% −1.48
QFIN Qfin Holdings Inc.-ADR Reduce -10.5% 2.73% −0.82
VIPS Vipshop Holdings Ltd. - ADR Reduce -10.7% 7.01% −0.34
ATHM Autohome Inc.-ADR Reduce -10.6% 1.98% −0.26
APP AppLovin Corp. Class A Sold out 0.00% −0.06
ADBE Adobe Inc. Reduce -38.5% 0.06% −0.05
ESTC Elastic NV Sold out 0.00% −0.05
CFLT Confluent Inc. Class A Sold out 0.00% −0.04
WB Weibo Corp.-Spon ADR Reduce -10.6% 1.38% −0.04
GTLB Gitlab Inc. Class A Sold out 0.00% −0.03
F Ford Motor Co. Sold out 0.00% −0.01
PRU Prudential Financial Inc. Sold out 0.00% −0.01
CMCSA Comcast Corp. Class A Sold out 0.00% −0.01
CSCO Cisco Systems Inc. Reduce -41.8% 0.03% −0.01
RIVN Rivian Automotive Inc. Class A Reduce -9.2% 0.08% −0.01
ED Consolidated Edison Inc. Sold out 0.00% −0.01
DTM DT Midstream Inc. Sold out 0.00% −0.01
RL Ralph Lauren Corp. Sold out 0.00% −0.01
NWBI Northwest Bancshares Inc. Sold out 0.00% −0.01
EVGO Evgo Inc. Sold out 0.00% −0.00
AMBA Ambarella Inc. Reduce -2.5% 0.02% −0.00
MVST Microvast Holdings Inc. Reduce -9.0% 0.00% −0.00
PTON Peloton Interactive Inc. Class A Reduce -3.3% 0.00% −0.00
LCID Lucid Group Inc. Reduce -6.9% 0.01% +0.00
MSM MSC Industrial Direct Co. Class A Reduce -23.4% 0.01% +0.00
HSAI Hesai Group Reduce -11.0% 0.02% +0.00
RF Regions Financial Corp. Reduce -10.4% 0.01% +0.00
CMI Cummins Inc. Reduce -11.6% 0.01% +0.00
TPR Tapestry Inc. Reduce -3.1% 0.02% +0.01
ALB Albemarle Corp. Reduce -20.3% 0.13% +0.02
JOYY Joyy Inc.-ADR Reduce -10.9% 2.85% +0.08
PDD PDD Holdings Inc. Reduce -10.4% 23.88% +0.34
KCSH Kraneshares Sust U S D I ETF Reduce -9.4% 7.04% +0.90
TAL Tal Education Group- ADR Reduce -10.6% 8.80% +1.28

Portfolio Buys Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US Add +50.5% 3.26% +1.49
KWEB Kranesh Csi China Internet Add +7.9% 4.80% +0.54
NVDA Nvidia Corp. Add +114.1% 0.61% +0.37
AVGO Broadcom Inc. Add +157.7% 0.27% +0.18
AAPL Apple Inc. Add +175.2% 0.25% +0.18
MSFT Microsoft Corp. Add +81.0% 0.37% +0.16
TSLA Tesla Inc. Add +46.9% 0.47% +0.14
AMZN Amazon.com Inc. Add +72.2% 0.28% +0.14
CIEN Ciena Corp. New 0.14% +0.14
FLEX Flex Ltd. New 0.13% +0.13
GOOGL Alphabet Inc. Class A Add +66.7% 0.25% +0.13
NEE Nextera Energy Inc. New 0.13% +0.13
TEL Te Connectivity PLC Add +149.4% 0.19% +0.12
AMD Advanced Micro Devices Add +85.1% 0.19% +0.11
NBIS Nebius Group NV Add +124.7% 0.15% +0.11
WULF Terawulf Inc. New 0.11% +0.11
VRT Vertiv Holdings Co. Class A Add +127.3% 0.13% +0.10
ANET Arista Networks Inc. Add +79.7% 0.17% +0.09
NFLX Netflix Inc. Add +87.5% 0.15% +0.09
NET Cloudflare Inc. Class A Add +115.2% 0.14% +0.09
ARM Arm Holdings PLC-ADR Add +292.1% 0.11% +0.09
RIOT Riot Platforms Inc. New 0.09% +0.09
META Meta Platforms Inc. Class A Add +33.5% 0.26% +0.09
HUT Hut 8 Corp. New 0.09% +0.09
ORCL Oracle Corp. Add +146.5% 0.15% +0.08
MP MP Materials Corp. Add +30.3% 0.19% +0.08
PLTR Palantir Technologies Inc. Class A Add +83.0% 0.16% +0.08
CEG Constellation Energy Add +249.5% 0.11% +0.08
TXN Texas Instruments Inc. Add +35.5% 0.15% +0.07
CRWV Coreweave Inc. Class A Add +126.1% 0.11% +0.07
APH Amphenol Corp. Class A Add +60.1% 0.15% +0.07
SNPS Synopsys Inc. Add +70.3% 0.16% +0.07
APLD Applied Digital Corp. New 0.07% +0.07
CRCL Circle Internet Group Inc. Add +174.1% 0.09% +0.07
MBLY Mobileye Global Inc. Class A Add +112.4% 0.14% +0.07
CRDO Credo Technology Group Holdi Add +124.3% 0.13% +0.07
JBL Jabil Inc. Add +32.6% 0.13% +0.07
ADI Analog Devices Inc. Add +31.4% 0.13% +0.06
TDY Teledyne Technologies Inc. Add +27.8% 0.13% +0.06
DDOG Datadog Inc. Class A Add +108.5% 0.11% +0.06
NOW ServiceNow Inc. Add +77.7% 0.18% +0.06
MU Micron Technology Inc. Add +80.5% 0.09% +0.06
NXPI NXP Semiconductors NV Add +69.4% 0.12% +0.06
MOG.A Moog Inc. Class A Add +24.1% 0.13% +0.06
RBC RBC Bearings Inc. Add +24.4% 0.12% +0.06
RRX Regal Rexnord Corp. Add +15.1% 0.12% +0.06
U Unity Software Inc. New 0.06% +0.06
ST Sensata Technologies Holdplc Add +42.5% 0.12% +0.06
NOVT Novanta Inc. Add +52.9% 0.12% +0.06
ALAB Astera Labs Inc. Add +205.5% 0.09% +0.06

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