Maytree Asset Management Ltd

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Maytree Asset Management Ltd reported 14 stock positions worth $44.2 million. Its top holding was PDD (PDD) at 52.3% of the portfolio, followed by PDD Holdings Inc. (pdd 0 12/01/25) (25.0%) and Trip.com Group Ltd.-ADR (TCOM, 5.0%). Compared with Q3 2024, it opened 9 new positions, sold out of 4, added to 2 and reduced 1. The biggest buy was PDD Holdings Inc. (pdd 0 12/01/25) (shares +188%) and the biggest sale PDD (PDD, shares −8%).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001869683
Portfolio Value
$44.2M (Q4 2024)
SEC Filing
0001869683-25-000001 ↗ filed Feb 3, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $53.2M Q1 2024 Q2 2024: $95.1M Q2 2024 Q3 2024: $51.2M Q3 2024 Q4 2024: $44.2M $44.2M Q4 2024 Q1 2025: $55.6M Q1 2025 Q2 2025: $59.8M Q2 2025 Q3 2025: $111.1M Q3 2025 Q4 2025: $134.9M Q4 2025 Q1 2026: $141.5M Q1 2026 Q2 2026: $154.0M Q2 2026

Holdings 14 stocks · $44.2M
PDD PDD Holdings Inc. 52.32% 238,592 $23.1M Reduce -8.0%
PDD HOLDINGS INC (PDD 0 12/01/25) 24.96% 11,500,000 $11.0M Add +187.5%
TCOM Trip.com Group Ltd.-ADR 4.97% 31,999 $2.2M No change
META Meta Platforms Inc. Class A 2.55% 1,930 $1.1M Add +739.1%
AMD Advanced Micro Devices 2.48% 9,100 $1.1M New
MDB Mongodb Inc. 2.44% 4,640 $1.1M New
MSFT Microsoft Corp. 2.19% 2,300 $969K New
ORCL Oracle Corp. 1.92% 5,100 $850K New
MAXNQ Maxeon Solar Technologie 1.53% 89,882 $678K New
U Unity Software Inc. 1.22% 24,013 $540K New
VIXY Proshares Vix Short-Term Fut 1.09% 10,748 $484K New
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.94% 22,524 $415K New
BASE Couchbase Inc. 0.85% 24,100 $376K New
RBOT Vicarious Surgical Inc. Class A 0.53% 17,828 $235K No change

Portfolio Sells Q3 2024 → Q4 2024
PDD PDD Holdings Inc. Reduce -8.0% 52.32% −16.00
KWEB Kranesh Csi China Internet Sold out 0.00% −8.41
IBIT iShares Bitcoin Trust ETF Sold out 0.00% −5.81
CRM Salesforce Inc. Sold out 0.00% −3.69
MAXNQ Maxeon Solar Technologie Sold out 0.00% −1.70

Portfolio Buys Q3 2024 → Q4 2024
PDD HOLDINGS INC (PDD 0 12/01/25) Add +187.5% 24.96% +17.06
AMD Advanced Micro Devices New 2.48% +2.48
MDB Mongodb Inc. New 2.44% +2.44
META Meta Platforms Inc. Class A Add +739.1% 2.55% +2.30
MSFT Microsoft Corp. New 2.19% +2.19
ORCL Oracle Corp. New 1.92% +1.92
MAXNQ Maxeon Solar Technologie New 1.53% +1.53
U Unity Software Inc. New 1.22% +1.22
VIXY Proshares Vix Short-Term Fut New 1.09% +1.09
BEKE Ke Holdings Inc.-ADR New 0.94% +0.94
BASE Couchbase Inc. New 0.85% +0.85

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 44$154.0MINTC, ARM, MRVL, SNDK, NBIS
Q1 2026 20$141.5MINTC, PDD, SNDK, LITE, COHR
Q4 2025 17$134.9MPDD, INTC, NVDA, AXTI, SNPS
Q3 2025 11$111.1MPDD, PDD HOLDINGS INC (PDD 0 12/01/25), GOOGL, BABA, U
Q2 2025 12$59.8MPDD, PDD HOLDINGS INC (PDD 0 12/01/25), BABA, FUTU, U
Q1 2025 16$55.6MPDD, PDD HOLDINGS INC (PDD 0 12/01/25), TCOM, BABA, META
Q4 2024 14$44.2MPDD, PDD HOLDINGS INC (PDD 0 12/01/25), TCOM, META, AMD
Q3 2024 9$51.2MPDD, KWEB, PDD HOLDINGS INC (PDD 0 12/01/25), IBIT, TCOM
Q2 2024 26$95.1MPDD, IBIT, KWEB, PROSHARES VIX SHORT-TERM FUT, BASE
Q1 2024 18$53.2MBASE, IBIT, BEKE, MAXNQ, ZTO