Pamalican Asset Management Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Pamalican Asset Management Ltd reported 4 stock positions worth $21.3 million. Its top holding was LPL Financial (LPLA) at 76.8% of the portfolio, followed by Standardaero (SARO, 16.0%) and GFL Environmental Inc.-Sub VT (GFL, 5.7%). Compared with Q4 2024, it opened 4 new positions and sold out of 32. The biggest buy was a new position in LPL Financial (LPLA) and the biggest sale an exit from CCC Intelligent Solutions Ho (CCC).
- Most Recent 13F
- Q3 2025
- Location
- HONG KONG, K3
- CIK
- 0002040055
- Portfolio Value
- $21.3M (Q1 2025)
- SEC Filing
- 0002040055-25-000003 ↗ filed May 9, 2025
Holdings Value
Holdings 4 stocks · $21.3M
| LPLA LPL Financial Holdings Inc. | 76.77% | 50,000 | $16.4M | New |
| SARO Standardaero Inc. | 15.96% | 127,690 | $3.4M | New |
| GFL GFL Environmental Inc.-Sub VT | 5.67% | 25,000 | $1.2M | New |
| HUMA Humacyte Inc. | 1.60% | 200,000 | $341K | New |
Options reported separately and not counted above: SCHW calls ($19.6M), WAY calls ($2.8M), NBIS calls ($2.1M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $29.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 30,000,000 | $29.6M | New |
Total filed on the 13F, all lines: $50.9M.
Portfolio Sells Q4 2024 → Q1 2025
| CCC CCC Intelligent Solutions Ho | Sold out | 0.00% | −14.91 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −10.03 |
| AS Amer Sports Inc. | Sold out | 0.00% | −9.26 |
| KGS Kodiak Gas Services Inc. | Sold out | 0.00% | −5.41 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −5.05 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −4.41 |
| CWAN Clearwater Analytics HDS-A | Sold out | 0.00% | −3.65 |
| PONY Pony AI Inc. | Sold out | 0.00% | −3.50 |
| ALKT Alkami Technology Inc. | Sold out | 0.00% | −3.27 |
| NFLX Netflix Inc. | Sold out | 0.00% | −3.07 |
| TSLA Tesla Inc. | Sold out | 0.00% | −2.97 |
| SMTC Semtech Corp. | Sold out | 0.00% | −2.77 |
| HGV Hilton Grand Vacations Inc. | Sold out | 0.00% | −2.58 |
| EVGO Evgo Inc. | Sold out | 0.00% | −2.41 |
| CGON CG Oncology Inc. | Sold out | 0.00% | −2.30 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −2.17 |
| MU Micron Technology Inc. | Sold out | 0.00% | −2.08 |
| PRMB Primo Brands Corp. | Sold out | 0.00% | −2.04 |
| MS Morgan Stanley | Sold out | 0.00% | −1.99 |
| CAVA Cava Group Inc. | Sold out | 0.00% | −1.99 |
| INTC Intel Corp. | Sold out | 0.00% | −1.95 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −1.79 |
| INTU Intuit Inc. | Sold out | 0.00% | −1.69 |
| RVMD Revolution Medicines Inc. | Sold out | 0.00% | −1.45 |
| LOAR Loar Holdings Inc. | Sold out | 0.00% | −1.42 |
| VBNK Versabank | Sold out | 0.00% | −1.42 |
| NBIS Nebius Group NV | Sold out | 0.00% | −1.22 |
| TTAN Servicetitan Inc. Class A | Sold out | 0.00% | −1.08 |
| MAGS Roundhill Magnificent Seven | Sold out | 0.00% | −0.78 |
| JANX Janux Therapeutics Inc. | Sold out | 0.00% | −0.59 |
| FWRG First Watch Restaurant Group | Sold out | 0.00% | −0.40 |
| NAMS Newamsterdam Pharma Co. NV | Sold out | 0.00% | −0.34 |
Portfolio Buys Q4 2024 → Q1 2025
Options Activity Q4 2024 → Q1 2025
| SCHW Schwab (charles) Corp. | call | New | 250,000 | $19.6M |
| WAY Waystar Holding Corp. | call | New | 75,000 | $2.8M |
| NBIS Nebius Group NV | call | New | 100,000 | $2.1M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | New | 30,000,000 | $29.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.