Long Corridor Asset Management Ltd In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Long Corridor Asset Management Ltd reported 17 stock positions worth $180.3 million . Its top holding was Alphabet Class A (GOOGL) at 25.0% of the portfolio, followed by Meta Platforms Class A (META, 16.6% ) and American Express (AXP, 14.2% ). Compared with Q3 2025, it opened 2 new positions, sold out of 5, added to 4 and reduced 7. The biggest buy was a new position in Fox Class B (FOX) and the biggest sale Autohome Inc.-ADR (ATHM, shares −68% ).
Location HONG KONG, K3
CIK 0001845501
Portfolio Value $180.3M (Q4 2025) Holdings 17 stocks · $180.3M 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 Q3 2025 GOOGL Alphabet Inc. Class A 144,000 $45.1M Reduce -12.7% META Meta Platforms Inc. Class A 45,300 $29.9M Add +7.1% AXP American Express Co. 69,000 $25.5M Reduce -20.7% UBER Uber Technologies Inc. 223,200 $18.2M Add +33.5% RBLX Roblox Corp. Class A 167,600 $13.6M Add +73.1% AMZN Amazon.com Inc. 54,150 $12.5M Reduce -1.6% HSAI Hesai Group 370,000 $8.3M Add +270.0% CCL Carnival Corp. 250,000 $7.6M No change FOX Fox Corp. Class B 89,330 $5.8M New ATHM Autohome Inc.-ADR 134,423 $3.0M Reduce -68.0% NYT New York Times Co. Class A 41,300 $2.9M Reduce -73.8% ONC Beone Medicines Ltd.-ADR 7,731 $2.3M Reduce -21.9% MNSO Miniso Group Holding Ltd.-ADR 105,250 $2.0M No change BIDU Baidu Inc. - Spon ADR 12,500 $1.6M No change ZLAB Zai Lab Ltd.-ADR 65,800 $1.2M No change GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 17,425 $608K Reduce -79.5% COYA Coya Therapeutics Inc. 38,766 $225K New
Other holdings (3): bonds, preferreds, convertibles and warrants · $37.6M (not counted above) Total filed on the 13F, all lines: $217.9M.
Portfolio Sells Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▲ ATHM Autohome Inc.-ADR Reduce -68.0% 1.66% −4.41 NYT New York Times Co. Class A Reduce -73.8% 1.59% −2.98 INCY Incyte Corp. Sold out 0.00% −2.14 ARM Arm Holdings PLC-ADR Sold out 0.00% −2.06 GDS GDS Holdings Ltd. - ADR Reduce -79.5% 0.34% −1.32 SBET Sharplink Inc. Sold out 0.00% −0.95 CHA Chagee Holdings Ltd.-ADR Sold out 0.00% −0.55 AXP American Express Co. Reduce -20.7% 14.15% −0.45 ONC Beone Medicines Ltd.-ADR Reduce -21.9% 1.30% −0.40 TMUS T-Mobile US Inc. Sold out 0.00% −0.33 AMZN Amazon.com Inc. Reduce -1.6% 6.93% +0.83 GOOGL Alphabet Inc. Class A Reduce -12.7% 24.99% +4.72
Portfolio Buys Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▼ FOX Fox Corp. Class B New 3.22% +3.22 HSAI Hesai Group Add +270.0% 4.60% +3.18 UBER Uber Technologies Inc. Add +33.5% 10.11% +1.83 META Meta Platforms Inc. Class A Add +7.1% 16.58% +0.88 RBLX Roblox Corp. Class A Add +73.1% 7.53% +0.75 COYA Coya Therapeutics Inc. New 0.12% +0.12
Notes & Other Activity Q3 2025 → Q4 2025 Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 30 $265.0M AMZN, GOOGL, AXP, GRAB, ATHM Q1 2026 32 $326.8M GOOGL, AMZN, META, AXP, MSFT Q4 2025 17 $180.3M GOOGL, META, AXP, UBER, RBLX Q3 2025 20 $197.9M GOOGL, META, AXP, UBER, RBLX Q2 2025 14 $202.9M META, UBER, AXP, GOOGL, INCY Q1 2025 17 $131.1M META, UBER, AXP, GOOGL, INCY Q4 2024 18 $114.9M INCY, GOOGL, META, BABA, AXP Q3 2024 18 $88.8M META, GOOGL, WB, BABA, AXP Q2 2024 19 $81.4M META, GOOGL, WB, ONC, BABA Q1 2024 10 $68.7M META, WB, GOOGL, BABA, AXP