Primavera Capital Management Ltd

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Primavera Capital Management Ltd reported 4 stock positions worth $517.6 million. Its top holding was Yum China (YUMC) at 71.7% of the portfolio, followed by Palantir Technologies Class A (PLTR, 21.9%) and Xpeng Inc. - ADR (XPEV, 4.7%). Compared with Q1 2024, it opened 1 new position. The biggest buy was a new position in Yum China (YUMC).

Most Recent 13F
Q2 2026
Location
GRAND CAYMAN, E9
CIK
0001686305
Portfolio Value
$517.6M (Q2 2024)
SEC Filing
0000945621-24-000668 ↗ filed Aug 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $136.4M Q1 2024 Q2 2024: $517.6M $517.6M Q2 2024 Q3 2024: $591.3M Q3 2024 Q4 2024: $641.5M Q4 2024 Q1 2025: $714.6M Q1 2025 Q2 2025: $622.2M Q2 2025 Q3 2025: $615.9M Q3 2025 Q4 2025: $657.1M Q4 2025 Q1 2026: $647.9M Q1 2026 Q2 2026: $565.1M Q2 2026

Holdings 4 stocks · $517.6M
YUMC Yum China Holdings Inc. 71.72% 12,035,635 $371.2M New
PLTR Palantir Technologies Inc. Class A 21.94% 4,482,566 $113.5M No change
XPEV Xpeng Inc. - ADR 4.68% 3,306,567 $24.2M No change
CANG Cango Inc./KY - ADR 1.66% 5,154,331 $8.6M No change

Portfolio Sells Q1 2024 → Q2 2024
None this quarter.

Portfolio Buys Q1 2024 → Q2 2024
YUMC Yum China Holdings Inc. New 71.72% +71.72

Notes & Other Activity Q1 2024 → Q2 2024
YUMC Yum China Holdings Inc. COM · principal Sold out 12,035,635 $478.9Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 5$565.1MYUMC, XPEV, DSC, STG, CANG
Q1 2026 3$647.9MYUMC, XPEV, CANG
Q4 2025 3$657.1MYUMC, XPEV, CANG
Q3 2025 3$615.9MYUMC, XPEV, CANG
Q2 2025 3$622.2MYUMC, XPEV, CANG
Q1 2025 3$714.6MYUMC, XPEV, CANG
Q4 2024 3$641.5MYUMC, XPEV, CANG
Q3 2024 3$591.3MYUMC, XPEV, CANG
Q2 2024 4$517.6MYUMC, PLTR, XPEV, CANG
Q1 2024 3$136.4MPLTR, XPEV, CANG