Primavera Capital Management Ltd In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Primavera Capital Management Ltd reported 3 stock positions worth $136.4 million . Its top holding was Palantir Technologies Class A (PLTR) at 75.6% of the portfolio, followed by Xpeng Inc. - ADR (XPEV, 18.6% ) and Cango Inc./KY - ADR (CANG, 5.7% ). Compared with Q4 2023, it sold out of 1. The biggest sale was an exit from Yum China (YUMC).
Location GRAND CAYMAN, E9
CIK 0001686305
Portfolio Value $136.4M (Q1 2024) Holdings 3 stocks · $136.4M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 PLTR Palantir Technologies Inc. Class A 4,482,566 $103.1M No change XPEV Xpeng Inc. - ADR 3,306,567 $25.4M No change CANG Cango Inc./KY - ADR 5,154,331 $7.8M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $478.9M (not counted above) Security Class Shares / Principal Value Change YUMC Yum China Holdings Inc. COM · principal 12,035,635 $478.9M New
Total filed on the 13F, all lines: $615.3M.
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ YUMC Yum China Holdings Inc. Sold out 0.00% −79.65
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ None this quarter.
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ YUMC Yum China Holdings Inc. COM · principal New 12,035,635 $478.9M
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 5 $565.1M YUMC, XPEV, DSC, STG, CANG Q1 2026 3 $647.9M YUMC, XPEV, CANG Q4 2025 3 $657.1M YUMC, XPEV, CANG Q3 2025 3 $615.9M YUMC, XPEV, CANG Q2 2025 3 $622.2M YUMC, XPEV, CANG Q1 2025 3 $714.6M YUMC, XPEV, CANG Q4 2024 3 $641.5M YUMC, XPEV, CANG Q3 2024 3 $591.3M YUMC, XPEV, CANG Q2 2024 4 $517.6M YUMC, PLTR, XPEV, CANG Q1 2024 3 $136.4M PLTR, XPEV, CANG