OLP CAPITAL MANAGEMENT Ltd

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), OLP CAPITAL MANAGEMENT Ltd reported 4 stock positions worth $623.7 million. Its top holding was PDD (PDD) at 44.2% of the portfolio, followed by Qfin Holdings Inc.-ADR (QFIN, 30.5%) and Netease Inc.-ADR (NTES, 18.3%). Compared with Q4 2023, it opened 1 new position, added to 1 and reduced 2. The biggest buy was a new position in Netease Inc.-ADR (NTES) and the biggest sale PDD (PDD, shares −22%).

Most Recent 13F
Q2 2026
Location
CAUSEWAY BAY, K3
CIK
0001738126
Portfolio Value
$623.7M (Q1 2024)
SEC Filing
0001085146-24-002577 ↗ filed May 15, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $623.7M $623.7M Q1 2024 Q2 2024: $667.9M Q2 2024 Q3 2024: $669.3M Q3 2024 Q4 2024: $790.3M Q4 2024 Q1 2025: $770.4M Q1 2025 Q2 2025: $773.4M Q2 2025 Q3 2025: $566.8M Q3 2025 Q4 2025: $513.2M Q4 2025 Q1 2026: $482.4M Q1 2026 Q2 2026: $400.0M Q2 2026

Holdings 4 stocks · $623.7M
PDD PDD Holdings Inc. 44.17% 2,369,888 $275.5M Reduce -22.1%
QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 30.50% 10,321,762 $190.2M Reduce -20.1%
NTES Netease Inc.-ADR 18.31% 1,103,413 $114.2M New
ATAT Atour Lifestyle Holdings-ADR 7.02% 2,440,726 $43.8M Add +3838.6%

Portfolio Sells Q4 2023 → Q1 2024
PDD PDD Holdings Inc. Reduce -22.1% 44.17% −24.24
QFIN Qfin Holdings Inc.-ADR Reduce -20.1% 30.50% −0.92

Portfolio Buys Q4 2023 → Q1 2024
NTES Netease Inc.-ADR New 18.31% +18.31
ATAT Atour Lifestyle Holdings-ADR Add +3838.6% 7.02% +6.86

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6$400.0MATAT, YMM, RLX, HUYA, PSIX
Q1 2026Amended 5$482.4MATAT, YMM, HUYA, RLX, PURR
Q4 2025 3$513.2MATAT, YMM, JOYY
Q3 2025 5$566.8MATAT, QFIN, YMM, JOYY, YALA
Q2 2025 4$773.4MQFIN, ATAT, YMM, JOYY
Q1 2025 4$770.4MQFIN, ATAT, YMM, JOYY
Q4 2024 7$790.3MQFIN, ATAT, YMM, EDU, JOYY
Q3 2024 6$669.3MQFIN, ATAT, YMM, TME, EDU
Q2 2024 5$667.9MPDD, QFIN, NTES, YMM, ATAT
Q1 2024 4$623.7MPDD, QFIN, NTES, ATAT