Leading Securities Co Ltd

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 28, 2025), Leading Securities Co Ltd reported 5 stock positions worth $7.0 million. Its top holding was Atour Lifestyle Holdings-ADR (ATAT) at 57.9% of the portfolio, followed by Finvolution Group-ADR (FINV, 24.5%) and Lufax Holding Ltd.-ADR (LU, 14.9%). Compared with Q1 2025, it opened 2 new positions, sold out of 1, added to 2 and reduced 1. The biggest buy was Atour Lifestyle Holdings-ADR (ATAT, shares +134%) and the biggest sale Finvolution Group-ADR (FINV, shares −86%).

Most Recent 13F
Q3 2025
Location
HONG KONG, K3
CIK
0001962373
Portfolio Value
$7.0M (Q2 2025)
SEC Filing
0001962373-25-000016 ↗ filed Jul 28, 2025

Holdings Value

0$10.0M$20.0M$30.0M$40.0M Q4 2024: $30.8M Q4 2024 Q1 2025: $16.6M Q1 2025 Q2 2025: $7.0M $7.0M Q2 2025 Q3 2025: $4.7M Q3 2025

Holdings 5 stocks · $7.0M
ATAT Atour Lifestyle Holdings-ADR 57.86% 124,594 $4.1M Add +134.1%
FINV Finvolution Group-ADR 24.54% 181,208 $1.7M Reduce -86.1%
LU Lufax Holding Ltd.-ADR 14.88% 373,331 $1.0M Add +95.0%
PDD PDD Holdings Inc. 1.49% 1,000 $105K New
JOYY Joyy Inc.-ADR 1.24% 1,700 $87K New

Portfolio Sells Q1 2025 → Q2 2025
FINV Finvolution Group-ADR Reduce -86.1% 24.54% −51.00
DADA Dada Nexus Ltd.-ADR Sold out 0.00% −11.98

Portfolio Buys Q1 2025 → Q2 2025
ATAT Atour Lifestyle Holdings-ADR Add +134.1% 57.86% +48.79
LU Lufax Holding Ltd.-ADR Add +95.0% 14.88% +11.46
PDD PDD Holdings Inc. New 1.49% +1.49
JOYY Joyy Inc.-ADR New 1.24% +1.24

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 4$4.7MLU, ATAT, FINV, JOYY
Q2 2025 5$7.0MATAT, FINV, LU, PDD, JOYY
Q1 2025 4$16.6MFINV, DADA, ATAT, LU
Q4 2024 5$30.8MFINV, PDD, ATAT, DADA, LU