Pinpoint Asset Management Ltd
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Pinpoint Asset Management Ltd reported 105 stock positions worth $709.7 million. Its top holding was PDD (PDD) at 17.1% of the portfolio, followed by Full Truck Alliance -SPN ADR (YMM, 8.9%) and iShares Bitcoin Trust ETF (IBIT, 7.5%). Compared with Q1 2024, it opened 34 new positions, sold out of 35, added to 35 and reduced 24. The biggest buy was Noah Holdings Ltd.-Spon ADS (NOAH, shares +8%) and the biggest sale an exit from Zto Express KY Inc. (zto 1.5 09/01/27).
- Most Recent 13F
- Q1 2025
- Location
- HONG KONG, K3
- CIK
- 0001803237
- Portfolio Value
- $709.7M (Q2 2024)
- SEC Filing
- 0001803237-24-000003 ↗ filed Aug 14, 2024
Holdings Value
Holdings 105 stocks · $709.7M
| PDD PDD Holdings Inc. | 17.08% | 843,757 | $121.2M | Add +8.2% |
| YMM Full Truck Alliance -SPN ADR | 8.89% | 7,849,056 | $63.1M | Reduce -19.0% |
| IBIT iShares Bitcoin Trust ETF | 7.46% | 1,551,505 | $53.0M | Add +4.6% |
| NVDA Nvidia Corp. | 7.19% | 413,130 | $51.0M | Add +28.4% |
| EDU New Oriental Educatio-SP ADR | 7.14% | 610,989 | $50.7M | Add +44.6% |
| MSFT Microsoft Corp. | 5.08% | 80,621 | $36.0M | Add +20.4% |
| BILIBILI INC (BILI 0.5 12/01/26) | 4.52% | 33,048,000 | $32.1M | No change |
| TSLA Tesla Inc. | 4.50% | 161,328 | $31.9M | Add +46.4% |
| NOAH Noah Holdings Ltd.-Spon ADS filed as NOAH HLDGS LTD | 4.44% | 326,446 | $31.5M | Add +8.3% |
| TCOM Trip.com Group Ltd.-ADR | 3.91% | 464,561 | $27.8M | Add +28.3% |
| MMYT Makemytrip Ltd. | 2.66% | 224,311 | $18.9M | Add +5.9% |
| PDD HOLDINGS INC (PDD 0 12/01/25) | 2.57% | 18,500,000 | $18.2M | Add +362.5% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | 2.55% | 17,000,000 | $18.1M | Add +142.9% |
| IQIYI INC (IQ 4 12/15/26) | 1.52% | 10,850,000 | $10.8M | No change |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 1.40% | 151,952 | $10.0M | Add +25.4% |
| NTES Netease Inc.-ADR | 1.33% | 98,429 | $9.4M | Add +2422.5% |
| TME Tencent Music Entertainm-ADR | 1.31% | 660,771 | $9.3M | Add +3.6% |
| LI AUTO INC (LI 0.25 05/01/28) | 1.08% | 8,000,000 | $7.7M | New |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.97% | 431,975 | $6.9M | Reduce -21.6% |
| APH Amphenol Corp. Class A | 0.85% | 89,853 | $6.1M | Add +663.4% |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | 0.85% | 5,000,000 | $6.0M | No change |
| LITE Lumentum Holdings Inc. | 0.82% | 92,226 | $5.8M | Reduce -16.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.71% | 35,366 | $5.0M | Reduce -4.5% |
| BSX Boston Scientific Corp. | 0.69% | 63,397 | $4.9M | Add +19.7% |
| AAPL Apple Inc. | 0.66% | 22,149 | $4.7M | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.53% | 7,960 | $3.7M | Add +22.4% |
| TAL Tal Education Group- ADR | 0.52% | 344,466 | $3.7M | Add +155.0% |
| INFY Infosys Ltd.-SP ADR | 0.48% | 183,600 | $3.4M | New |
| IBN Icici Bank Ltd.-Spon ADR | 0.45% | 112,000 | $3.2M | No change |
| WIT Wipro Ltd.-ADR | 0.41% | 481,500 | $2.9M | No change |
| ACMR Acm Research Inc. Class A | 0.41% | 127,261 | $2.9M | Add +19539.0% |
| LLY Eli Lilly & Co. | 0.41% | 3,209 | $2.9M | Add +8.3% |
| ABT Abbott Laboratories | 0.39% | 26,898 | $2.8M | Add +7.6% |
| JNJ Johnson & Johnson | 0.39% | 18,720 | $2.7M | Add +7.5% |
| MRK Merck & Co. Inc. | 0.37% | 21,083 | $2.6M | Add +7.1% |
| SN Sharkninja Inc. | 0.34% | 76 | $2.4M | New |
| REGN Regeneron Pharmaceuticals | 0.30% | 2,008 | $2.1M | Reduce -4.9% |
| ABBV Abbvie Inc. | 0.29% | 12,160 | $2.1M | Add +8.0% |
| TTE Totalenergies SE -Spon ADR | 0.29% | 30,885 | $2.1M | No change |
| ZTO Zto Express Cayman Inc.-ADR | 0.26% | 90,091 | $1.9M | No change |
| TUYA Tuya Inc. | 0.26% | 1,071,743 | $1.8M | Add +41.9% |
| LULU Lululemon Athletica Inc. | 0.22% | 1,693 | $1.6M | Reduce -15.2% |
| API Agora Inc.-ADR | 0.20% | 678,342 | $1.4M | Reduce -11.3% |
| ECO Okeanis Eco Tankers Corp. | 0.19% | 42,669 | $1.4M | Reduce -47.3% |
| MLCO Melco Resorts & Entert-ADR | 0.18% | 172,829 | $1.3M | Add +168.1% |
| ZK Zeekr Intelligent Techno-ADR | 0.16% | 61,897 | $1.2M | New |
| MRNA Moderna Inc. | 0.16% | 9,745 | $1.2M | Add +99.3% |
| WDS Woodside Energy Group-ADR | 0.15% | 55,772 | $1.0M | Add +9.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.15% | 6,033 | $1.0M | New |
| HDL Super Hi International Holdi | 0.14% | 56,549 | $1.0M | New |
| GOTU Gaotu Techedu Inc. | 0.14% | 200,669 | $1.0M | Add +697.6% |
| NKE Nike Inc. Class B | 0.14% | 202 | $979K | New |
| SMMT Summit Therapeutics Inc. | 0.13% | 120,746 | $942K | New |
| MCD McDonald's Corp. | 0.13% | 3,659 | $932K | Add +14.3% |
| DXCM Dexcom Inc. | 0.13% | 8,101 | $918K | New |
| ERO Ero Copper Corp. | 0.12% | 39,516 | $845K | Reduce -17.9% |
| AS Amer Sports Inc. | 0.10% | 59,039 | $742K | Add +215.9% |
| HDB HDFC Bank Ltd.-ADR | 0.10% | 11,300 | $727K | No change |
| ANET Arista Networks Inc. | 0.09% | 1,728 | $606K | New |
| RLX RLX Technology Inc.-ADR | 0.08% | 320,139 | $589K | Add +0.8% |
| COHR Coherent Corp. | 0.07% | 6,861 | $524K | Add +1641.4% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.07% | 2,521 | $488K | New |
| ZTS Zoetis Inc. | 0.07% | 2,742 | $475K | No change |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.06% | 11,611 | $451K | New |
| CROX Crocs Inc. | 0.06% | 3,025 | $441K | Add +104.3% |
| QRVO Qorvo Inc. | 0.06% | 3,405 | $396K | New |
| HMY Harmony Gold MNG-Spon ADR | 0.05% | 35,664 | $327K | New |
| DECK Deckers Outdoor Corp. | 0.04% | 310 | $300K | Reduce -21.5% |
| CRL Charles River Laboratories | 0.04% | 1,380 | $285K | New |
| MTSI Macom Technology Solutions H | 0.04% | 2,470 | $275K | Reduce -8.5% |
| ANF Abercrombie & Fitch Co. Class A | 0.04% | 1,474 | $262K | New |
| DPZ Domino's Pizza Inc. | 0.04% | 488 | $252K | New |
| MPWR Monolithic Power Systems Inc. | 0.03% | 300 | $247K | New |
| ADI Analog Devices Inc. | 0.03% | 1,000 | $228K | New |
| LI Li Auto Inc. - ADR | 0.03% | 11,000 | $197K | Reduce -95.5% |
| MRVL Marvell Technology Inc. | 0.02% | 1,172 | $170K | New |
| AVGO Broadcom Inc. | 0.02% | 96 | $154K | Reduce -95.6% |
| AOSL Alpha & Omega Semiconductor | 0.02% | 4,000 | $149K | New |
| DKNG Draftkings Inc. Class A | 0.02% | 3,743 | $143K | Reduce -59.4% |
| NTGR Netgear Inc. | 0.02% | 9,245 | $141K | New |
| CRDO Credo Technology Group Holdi | 0.02% | 4,000 | $128K | New |
| OLED Universal Display Corp. | 0.02% | 600 | $126K | New |
| MXL Maxlinear Inc. | 0.02% | 5,442 | $110K | New |
| GAP The Gap Inc. | 0.01% | 4,177 | $100K | Reduce -50.9% |
| MU Micron Technology Inc. | 0.01% | 632 | $83K | Reduce -99.1% |
| HELLO GROUP INC (MOMO 1.25 07/01/25) | 0.01% | 80,000 | $80K | No change |
| SEA LTD (SEALTD 2.375 12/01/25) | 0.01% | 55,000 | $59K | No change |
| URBN Urban Outfitters Inc. | 0.01% | 1,247 | $51K | New |
| RL Ralph Lauren Corp. | 0.01% | 278 | $49K | Reduce -49.9% |
| CAMT Camtek Ltd. | 0.00% | 253 | $32K | Reduce -92.1% |
| KLAC KLA Corp. | 0.00% | 38 | $31K | New |
| ARM Arm Holdings PLC-ADR | 0.00% | 186 | $30K | New |
| SCCO Southern Copper Corp. | 0.00% | 275 | $30K | New |
| DELL Dell Technologies -C | 0.00% | 144 | $20K | Reduce -92.8% |
| BKNG Booking Holdings Inc. | 0.00% | 4 | $16K | Reduce -99.1% |
| TECK Teck Resources Ltd.-CLS B | 0.00% | 310 | $15K | Add +7.6% |
| CLS Celestica Inc. | 0.00% | 240 | $14K | New |
| HSAI Hesai Group | 0.00% | 1,707 | $7K | No change |
| FORM Formfactor Inc. | 0.00% | 50 | $3K | New |
| SLSR Solaris Resources Inc. | 0.00% | 1,027 | $3K | New |
Portfolio Sells Q1 2024 → Q2 2024
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | Sold out | 0.00% | −4.44 |
| YMM Full Truck Alliance -SPN ADR | Reduce -19.0% | 8.89% | −2.44 |
| BILIBILI INC (BILI 1.375 04/01/26) | Sold out | 0.00% | −2.22 |
| FRO Frontline PLC | Sold out | 0.00% | −1.68 |
| MU Micron Technology Inc. | Reduce -99.1% | 0.01% | −1.37 |
| LI Li Auto Inc. - ADR | Reduce -95.5% | 0.03% | −1.16 |
| VIPS Vipshop Holdings Ltd. - ADR | Sold out | 0.00% | −0.90 |
| MICROSTRATEGY INC (MSTR 0.75 12/15/25) | Sold out | 0.00% | −0.69 |
| ATAT Atour Lifestyle Holdings-ADR | Sold out | 0.00% | −0.63 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.62 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −0.48 |
| ONC Beone Medicines Ltd.-ADR | Sold out | 0.00% | −0.45 |
| AVGO Broadcom Inc. | Reduce -95.6% | 0.02% | −0.45 |
| TAK Takeda Pharmaceutic-SP ADR | Sold out | 0.00% | −0.33 |
| BEKE Ke Holdings Inc.-ADR | Reduce -21.6% | 0.97% | −0.30 |
| EW Edwards Lifesciences Corp. | Reduce -100.0% | 0.00% | −0.25 |
| BKNG Booking Holdings Inc. | Reduce -99.1% | 0.00% | −0.25 |
| ECO Okeanis Eco Tankers Corp. | Reduce -47.3% | 0.19% | −0.20 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.19 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.12 |
| API Agora Inc.-ADR | Reduce -11.3% | 0.20% | −0.11 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.10 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.08 |
| JOYY INC (JOYY 1.375 06/15/26) | Sold out | 0.00% | −0.08 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.08 |
| CHT Chunghwa Telecom LT-Spon ADR | Sold out | 0.00% | −0.07 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.06 |
| MOMO Hello Group Inc. -SPN ADR | Sold out | 0.00% | −0.06 |
| SIMO Silicon Motion Technol-ADR | Sold out | 0.00% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -4.5% | 0.71% | −0.05 |
| DKNG Draftkings Inc. Class A | Reduce -59.4% | 0.02% | −0.05 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.04 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.04 |
| ATHM Autohome Inc.-ADR | Sold out | 0.00% | −0.04 |
| ASND Ascendis Pharma A/S | Sold out | 0.00% | −0.04 |
| ONTO Onto Innovation Inc. | Sold out | 0.00% | −0.04 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.04 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.04 |
| CAMT Camtek Ltd. | Reduce -92.1% | 0.00% | −0.04 |
| JOYY Joyy Inc.-ADR | Sold out | 0.00% | −0.04 |
| FLEX Flex Ltd. | Sold out | 0.00% | −0.04 |
| PVH PVH Corp. | Sold out | 0.00% | −0.03 |
| DELL Dell Technologies -C | Reduce -92.8% | 0.00% | −0.03 |
| ERO Ero Copper Corp. | Reduce -17.9% | 0.12% | −0.03 |
| REGN Regeneron Pharmaceuticals | Reduce -4.9% | 0.30% | −0.03 |
| GAP The Gap Inc. | Reduce -50.9% | 0.01% | −0.02 |
| DECK Deckers Outdoor Corp. | Reduce -21.5% | 0.04% | −0.02 |
| LITE Lumentum Holdings Inc. | Reduce -16.1% | 0.82% | −0.02 |
| RL Ralph Lauren Corp. | Reduce -49.9% | 0.01% | −0.01 |
| MTSI Macom Technology Solutions H | Reduce -8.5% | 0.04% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| NOAH Noah Holdings Ltd.-Spon ADS | Add +8.3% | 4.44% | +3.89 |
| NVDA Nvidia Corp. | Add +28.4% | 7.19% | +2.52 |
| PDD PDD Holdings Inc. | Add +8.2% | 17.08% | +2.45 |
| PDD HOLDINGS INC (PDD 0 12/01/25) | Add +362.5% | 2.57% | +1.95 |
| TCOM Trip.com Group Ltd.-ADR | Add +28.3% | 3.91% | +1.36 |
| TSLA Tesla Inc. | Add +46.4% | 4.50% | +1.31 |
| NTES Netease Inc.-ADR | Add +2422.5% | 1.33% | +1.26 |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | Add +142.9% | 2.55% | +1.25 |
| LI AUTO INC (LI 0.25 05/01/28) | New | 1.08% | +1.08 |
| APH Amphenol Corp. Class A | Add +663.4% | 0.85% | +0.74 |
| EDU New Oriental Educatio-SP ADR | Add +44.6% | 7.14% | +0.68 |
| AAPL Apple Inc. | New | 0.66% | +0.66 |
| MSFT Microsoft Corp. | Add +20.4% | 5.08% | +0.55 |
| INFY Infosys Ltd.-SP ADR | New | 0.48% | +0.48 |
| ACMR Acm Research Inc. Class A | Add +19539.0% | 0.41% | +0.41 |
| FUTU Futu Holdings Ltd.-ADR | Add +25.4% | 1.40% | +0.35 |
| SN Sharkninja Inc. | New | 0.34% | +0.34 |
| TAL Tal Education Group- ADR | Add +155.0% | 0.52% | +0.28 |
| MMYT Makemytrip Ltd. | Add +5.9% | 2.66% | +0.24 |
| ZK Zeekr Intelligent Techno-ADR | New | 0.16% | +0.16 |
| TME Tencent Music Entertainm-ADR | Add +3.6% | 1.31% | +0.16 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.15% | +0.15 |
| HDL Super Hi International Holdi | New | 0.14% | +0.14 |
| NKE Nike Inc. Class B | New | 0.14% | +0.14 |
| SMMT Summit Therapeutics Inc. | New | 0.13% | +0.13 |
| DXCM Dexcom Inc. | New | 0.13% | +0.13 |
| MLCO Melco Resorts & Entert-ADR | Add +168.1% | 0.18% | +0.11 |
| BSX Boston Scientific Corp. | Add +19.7% | 0.69% | +0.11 |
| VRTX Vertex Pharmaceuticals Inc. | Add +22.4% | 0.53% | +0.09 |
| ANET Arista Networks Inc. | New | 0.09% | +0.09 |
| MRNA Moderna Inc. | Add +99.3% | 0.16% | +0.08 |
| COHR Coherent Corp. | Add +1641.4% | 0.07% | +0.07 |
| EL Estee Lauder Companies Class A | New | 0.07% | +0.07 |
| ONON On Holding AG Class A | New | 0.06% | +0.06 |
| QRVO Qorvo Inc. | New | 0.06% | +0.06 |
| AS Amer Sports Inc. | Add +215.9% | 0.10% | +0.06 |
| GOTU Gaotu Techedu Inc. | Add +697.6% | 0.14% | +0.05 |
| HMY Harmony Gold MNG-Spon ADR | New | 0.05% | +0.05 |
| TUYA Tuya Inc. | Add +41.9% | 0.26% | +0.05 |
| CRL Charles River Laboratories | New | 0.04% | +0.04 |
| LLY Eli Lilly & Co. | Add +8.3% | 0.41% | +0.04 |
| ANF Abercrombie & Fitch Co. Class A | New | 0.04% | +0.04 |
| DPZ Domino's Pizza Inc. | New | 0.04% | +0.04 |
| MPWR Monolithic Power Systems Inc. | New | 0.03% | +0.03 |
| ADI Analog Devices Inc. | New | 0.03% | +0.03 |
| CROX Crocs Inc. | Add +104.3% | 0.06% | +0.03 |
| MRVL Marvell Technology Inc. | New | 0.02% | +0.02 |
| AOSL Alpha & Omega Semiconductor | New | 0.02% | +0.02 |
| NTGR Netgear Inc. | New | 0.02% | +0.02 |
| CRDO Credo Technology Group Holdi | New | 0.02% | +0.02 |