OLP CAPITAL MANAGEMENT Ltd
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), OLP CAPITAL MANAGEMENT Ltd reported 5 stock positions worth $566.8 million. Its top holding was Atour Lifestyle Holdings-ADR (ATAT) at 56.5% of the portfolio, followed by Qfin Holdings Inc.-ADR (QFIN, 25.4%) and Full Truck Alliance -SPN ADR (YMM, 11.5%). Compared with Q2 2025, it opened 1 new position, added to 1 and reduced 2. The biggest buy was Atour Lifestyle Holdings-ADR (ATAT, shares +6%) and the biggest sale Full Truck Alliance -SPN ADR (YMM, shares −70%).
- Most Recent 13F
- Q2 2026
- Location
- CAUSEWAY BAY, K3
- CIK
- 0001738126
- Portfolio Value
- $566.8M (Q3 2025)
- SEC Filing
- 0001738126-25-000003 ↗ filed Nov 13, 2025
Holdings Value
Holdings 5 stocks · $566.8M
| ATAT Atour Lifestyle Holdings-ADR | 56.54% | 8,524,608 | $320.4M | Add +6.3% |
| QFIN Qfin Holdings Inc.-ADR | 25.45% | 5,010,933 | $144.2M | Reduce -23.9% |
| YMM Full Truck Alliance -SPN ADR | 11.50% | 5,024,072 | $65.2M | Reduce -70.0% |
| JOYY Joyy Inc.-ADR | 6.01% | 581,154 | $34.1M | No change |
| YALA Yalla Group Ltd. | 0.51% | 382,976 | $2.9M | New |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 6 | $400.0M | ATAT, YMM, RLX, HUYA, PSIX |
| Q1 2026Amended | 5 | $482.4M | ATAT, YMM, HUYA, RLX, PURR |
| Q4 2025 | 3 | $513.2M | ATAT, YMM, JOYY |
| Q3 2025 | 5 | $566.8M | ATAT, QFIN, YMM, JOYY, YALA |
| Q2 2025 | 4 | $773.4M | QFIN, ATAT, YMM, JOYY |
| Q1 2025 | 4 | $770.4M | QFIN, ATAT, YMM, JOYY |
| Q4 2024 | 7 | $790.3M | QFIN, ATAT, YMM, EDU, JOYY |
| Q3 2024 | 6 | $669.3M | QFIN, ATAT, YMM, TME, EDU |
| Q2 2024 | 5 | $667.9M | PDD, QFIN, NTES, YMM, ATAT |
| Q1 2024 | 4 | $623.7M | PDD, QFIN, NTES, ATAT |