Taikang Asset Management (Hong Kong) Co Ltd

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Taikang Asset Management (Hong Kong) Co Ltd reported 106 stock positions worth $1.0 billion. Its top holding was Tesla (TSLA) at 6.2% of the portfolio, followed by Apple (AAPL, 5.6%) and Vanguard S&P 500 ETF (VOO, 5.2%). Compared with Q3 2025, it opened 15 new positions, sold out of 9, added to 34 and reduced 20. The biggest buy was a new position in Futu Holdings Ltd.-ADR (FUTU) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −21%).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001755911
Portfolio Value
$1.0B (Q4 2025)
SEC Filing
0000945621-26-000322 ↗ filed Feb 17, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $474.6M Q1 2024 Q2 2024: $644.0M Q2 2024 Q3 2024: $949.1M Q3 2024 Q4 2024: $680.3M Q4 2024 Q1 2025: $733.8M Q1 2025 Q2 2025: $776.5M Q2 2025 Q3 2025: $895.1M Q3 2025 Q4 2025: $1.0B $1.0B Q4 2025 Q1 2026: $1.0B Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 106 stocks · $1.0B
TSLA Tesla Inc. 6.18% 138,900 $62.5M No change
AAPL Apple Inc. 5.60% 208,317 $56.6M No change
VOO Vanguard S&P 500 ETF 5.17% 83,414 $52.3M Reduce -22.2%
GOOG Alphabet Inc. Class C 5.05% 162,766 $51.1M Add +77.9%
NVDA Nvidia Corp. 4.04% 219,234 $40.9M Reduce -17.2%
GOOGL Alphabet Inc. Class A 3.65% 118,010 $36.9M Add +1.2%
BABA Alibaba Group Holding-SP ADR 3.14% 216,527 $31.7M Reduce -20.6%
MSFT Microsoft Corp. 3.13% 65,435 $31.6M Add +20.5%
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 2.97% 182,605 $30.0M New
AMZN Amazon.com Inc. 2.83% 123,781 $28.6M Add +26.9%
PM Philip Morris International 2.07% 130,379 $20.9M Reduce -13.1%
LITE Lumentum Holdings Inc. 2.05% 56,230 $20.7M New
V Visa Inc. Class A 2.00% 57,611 $20.2M Add +21.9%
EFA iShares MSCI Eafe ETF 1.89% 198,844 $19.1M Reduce -22.8%
TSM Taiwan Semiconductor-SP ADR 1.78% 59,275 $18.0M New
SNPS Synopsys Inc. 1.57% 33,825 $15.9M Add +372.9%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.53% 59,708 $15.5M Add +35.4%
USB US Bancorp 1.53% 289,357 $15.4M Add +16.3%
UNH Unitedhealth Group Inc. 1.17% 35,707 $11.8M Reduce -18.7%
CPAY Corpay Inc. 1.16% 39,021 $11.7M Add +18.3%
QXO Qxo Inc. 1.13% 590,759 $11.4M New
ELV Elevance Health Inc. 1.12% 32,280 $11.3M Add +5.4%
PDD PDD Holdings Inc. 1.07% 95,665 $10.8M Add +7.1%
COP Conocophillips 1.05% 113,480 $10.6M Add +29.3%
EXPE Expedia Group Inc. 1.05% 37,306 $10.6M No change
IQV Iqvia Holdings Inc. 1.04% 46,543 $10.5M Add +11.5%
TEL Te Connectivity PLC 1.03% 45,706 $10.4M Reduce -3.0%
EFX Equifax Inc. 1.03% 47,797 $10.4M Add +6.5%
URI United Rentals Inc. 1.00% 12,433 $10.1M Add +33.0%
QCOM Qualcomm Inc. 0.98% 57,826 $9.9M Add +26.6%
STX Seagate Technology Holdings 0.97% 35,777 $9.9M Reduce -25.2%
SPOT Spotify Technology SA 0.97% 16,918 $9.8M Add +57.7%
BRO Brown & Brown Inc. 0.95% 120,345 $9.6M Reduce -8.1%
CMG Chipotle Mexican Grill Inc. 0.88% 239,427 $8.9M Add +287.4%
APG Api Group Corp. 0.87% 228,646 $8.7M Add +15.3%
META Meta Platforms Inc. Class A 0.85% 12,946 $8.5M Add +58.2%
NTES Netease Inc.-ADR 0.84% 62,000 $8.5M Add +12.7%
FISV Fiserv Inc. 0.81% 122,649 $8.2M Add +28.2%
AVGO Broadcom Inc. 0.78% 22,903 $7.9M Add +84.1%
UBER Uber Technologies Inc. 0.78% 96,731 $7.9M Add +14.9%
MU Micron Technology Inc. 0.77% 27,329 $7.8M New
ROP Roper Technologies Inc. 0.76% 17,260 $7.7M Reduce -12.4%
PPL PPL Corp. 0.74% 214,501 $7.5M Add +27.3%
CRM Salesforce Inc. 0.73% 27,915 $7.4M Reduce -20.8%
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 0.69% 200,000 $7.0M Add +33.3%
ADBE Adobe Inc. 0.66% 19,071 $6.7M Add +46.9%
XPEV Xpeng Inc. - ADR 0.62% 308,737 $6.3M New
CFG Citizens Financial Group 0.60% 104,741 $6.1M Add +108.4%
TCOM Trip.com Group Ltd.-ADR 0.57% 80,000 $5.8M Add +54.4%
ALGN Align Technology Inc. 0.56% 36,473 $5.7M New
AVTR Avantor Inc. 0.55% 486,565 $5.6M Add +54.5%
ADI Analog Devices Inc. 0.54% 20,134 $5.5M No change
AMT American Tower Corp. 0.52% 30,204 $5.3M New
PWR Quanta Services Inc. 0.50% 11,879 $5.0M No change
COST Costco Wholesale Corp. 0.49% 5,788 $5.0M No change
IDXX Idexx Laboratories Inc. 0.47% 6,979 $4.7M No change
LMT Lockheed Martin Corp. 0.46% 9,621 $4.7M New
WFC Wells Fargo & Co. 0.46% 49,915 $4.7M Add +21.3%
HTT High Templar Tech Limited 0.46% 1,300,000 $4.6M No change
ISRG Intuitive Surgical Inc. 0.46% 8,125 $4.6M Reduce -7.5%
CARR Carrier Global Corp. 0.44% 84,220 $4.5M New
INTU Intuit Inc. 0.41% 6,286 $4.2M Reduce -19.3%
NDAQ Nasdaq Inc. 0.41% 42,868 $4.2M No change
SPGI S&P Global Inc. 0.41% 7,880 $4.1M No change
PGR Progressive Corp. 0.40% 17,583 $4.0M Reduce -15.0%
CDNS Cadence Design SYS Inc. 0.39% 12,594 $3.9M No change
QQQ Invesco QQQ Trust Series 1 0.39% 6,404 $3.9M Add +60.3%
ORCL Oracle Corp. 0.38% 19,623 $3.8M No change
FICO Fair Isaac Corp. 0.38% 2,252 $3.8M No change
MCO Moody's Corp. 0.38% 7,426 $3.8M No change
MA Mastercard Inc. Class A 0.37% 6,512 $3.7M No change
MSCI MSCI Inc. 0.35% 6,210 $3.6M No change
J Jacobs Solutions Inc. 0.33% 25,227 $3.3M New
ADSK Autodesk Inc. 0.32% 10,982 $3.3M Add +4.2%
WM Waste Management Inc. 0.31% 14,100 $3.1M No change
CSGP Costar Group Inc. 0.31% 45,969 $3.1M No change
EWC iShares MSCI Canada ETF 0.29% 55,202 $3.0M No change
TW Tradeweb Markets Inc. Class A 0.29% 27,563 $3.0M No change
VRSK Verisk Analytics Inc. 0.29% 12,931 $2.9M No change
TMO Thermo Fisher Scientific Inc. 0.29% 4,975 $2.9M Reduce -53.7%
EWJ iShares MSCI Japan ETF 0.26% 33,005 $2.7M No change
CPRT Copart Inc. 0.26% 67,196 $2.6M No change
ROL Rollins Inc. 0.25% 42,529 $2.6M No change
PANW Palo Alto Networks Inc. 0.23% 12,745 $2.3M No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.22% 58,716 $2.2M No change
NOW ServiceNow Inc. 0.22% 14,275 $2.2M Reduce -61.1%
AXON Axon Enterprise Inc. 0.18% 3,158 $1.8M No change
BE Bloom Energy Corp. Class A 0.17% 20,235 $1.8M Reduce -37.4%
ACN Accenture PLC Class A 0.17% 6,492 $1.7M No change
LIN Linde PLC 0.16% 3,909 $1.7M No change
EQIX Equinix Inc. 0.15% 2,026 $1.6M No change
BAH Booz Allen Hamilton Holdings 0.15% 17,968 $1.5M No change
CRWD CrowdStrike Holdings Inc. Class A 0.15% 3,188 $1.5M No change
BIDU Baidu Inc. - Spon ADR 0.14% 11,000 $1.4M New
IT Gartner Inc. 0.13% 5,346 $1.3M No change
RSG Republic Services Inc. 0.13% 6,004 $1.3M No change
ZTO Zto Express Cayman Inc.-ADR 0.10% 49,100 $1.0M No change
BZ Kanzhun Ltd. - ADR 0.09% 43,040 $877K Add +7.6%
VMC Vulcan Materials Co. 0.08% 3,010 $859K Reduce -85.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 4,598 $706K No change
SOXX iShares Semiconductor ETF 0.06% 1,940 $584K New
EWH iShares MSCI Hong Kong ETF 0.06% 26,993 $574K No change
WTW Willis Towers Watson PLC 0.05% 1,600 $526K Reduce -94.3%
NBP Novabridge Biosciences 0.05% 128,765 $512K New
TRU Transunion 0.04% 4,223 $362K Reduce -68.8%
CSIQ Canadian Solar Inc. 0.01% 2,900 $69K New

Portfolio Sells Q3 2025 → Q4 2025
BABA Alibaba Group Holding-SP ADR Reduce -20.6% 3.14% −2.31
VOO Vanguard S&P 500 ETF Reduce -22.2% 5.17% −2.16
NVDA Nvidia Corp. Reduce -17.2% 4.04% −1.47
GEHC GE Healthcare Technology Sold out 0.00% −1.15
WTW Willis Towers Watson PLC Reduce -94.3% 0.05% −1.03
EFA iShares MSCI Eafe ETF Reduce -22.8% 1.89% −0.80
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.65
PM Philip Morris International Reduce -13.1% 2.07% −0.65
VMC Vulcan Materials Co. Reduce -85.3% 0.08% −0.62
NXPI NXP Semiconductors NV Sold out 0.00% −0.59
NOW ServiceNow Inc. Reduce -61.1% 0.22% −0.54
UNH Unitedhealth Group Inc. Reduce -18.7% 1.17% −0.53
MRVL Marvell Technology Inc. Sold out 0.00% −0.46
BRO Brown & Brown Inc. Reduce -8.1% 0.95% −0.42
ROP Roper Technologies Inc. Reduce -12.4% 0.76% −0.34
TMO Thermo Fisher Scientific Inc. Reduce -53.7% 0.29% −0.30
STX Seagate Technology Holdings Reduce -25.2% 0.97% −0.29
BLD Topbuild Corp. Sold out 0.00% −0.25
CRM Salesforce Inc. Reduce -20.8% 0.73% −0.20
INTU Intuit Inc. Reduce -19.3% 0.41% −0.18
PGR Progressive Corp. Reduce -15.0% 0.40% −0.17
BE Bloom Energy Corp. Class A Reduce -37.4% 0.17% −0.13
TEL Te Connectivity PLC Reduce -3.0% 1.03% −0.13
IQ Iqiyi Inc.-ADR Sold out 0.00% −0.11
MRSH Marsh & McLennan Cos Sold out 0.00% −0.11
TRU Transunion Reduce -68.8% 0.04% −0.09
TME Tencent Music Entertainm-ADR Sold out 0.00% −0.04
HTHT H World Group Ltd.-ADR Sold out 0.00% −0.02
ISRG Intuitive Surgical Inc. Reduce -7.5% 0.46% +0.02

Portfolio Buys Q3 2025 → Q4 2025
FUTU Futu Holdings Ltd.-ADR New 2.97% +2.97
GOOG Alphabet Inc. Class C Add +77.9% 5.05% +2.56
LITE Lumentum Holdings Inc. New 2.05% +2.05
TSM Taiwan Semiconductor-SP ADR New 1.78% +1.78
SNPS Synopsys Inc. Add +372.9% 1.57% +1.18
QXO Qxo Inc. New 1.13% +1.13
MU Micron Technology Inc. New 0.77% +0.77
XPEV Xpeng Inc. - ADR New 0.62% +0.62
CMG Chipotle Mexican Grill Inc. Add +287.4% 0.88% +0.61
ALGN Align Technology Inc. New 0.56% +0.56
AMT American Tower Corp. New 0.52% +0.52
GOOGL Alphabet Inc. Class A Add +1.2% 3.65% +0.48
LMT Lockheed Martin Corp. New 0.46% +0.46
CARR Carrier Global Corp. New 0.44% +0.44
AMZN Amazon.com Inc. Add +26.9% 2.83% +0.43
J Jacobs Solutions Inc. New 0.33% +0.33
AVGO Broadcom Inc. Add +84.1% 0.78% +0.33
CFG Citizens Financial Group Add +108.4% 0.60% +0.31
V Visa Inc. Class A Add +21.9% 2.00% +0.20
USB US Bancorp Add +16.3% 1.53% +0.18
META Meta Platforms Inc. Class A Add +58.2% 0.85% +0.17
IQV Iqvia Holdings Inc. Add +11.5% 1.04% +0.15
ADBE Adobe Inc. Add +46.9% 0.66% +0.15
BIDU Baidu Inc. - Spon ADR New 0.14% +0.14
SPOT Spotify Technology SA Add +57.7% 0.97% +0.13
TCOM Trip.com Group Ltd.-ADR Add +54.4% 0.57% +0.13
QCOM Qualcomm Inc. Add +26.6% 0.98% +0.13
COP Conocophillips Add +29.3% 1.05% +0.12
QQQ Invesco QQQ Trust Series 1 Add +60.3% 0.39% +0.12
AVTR Avantor Inc. Add +54.5% 0.55% +0.11
APG Api Group Corp. Add +15.3% 0.87% +0.10
CPAY Corpay Inc. Add +18.3% 1.16% +0.10
WFC Wells Fargo & Co. Add +21.3% 0.46% +0.07
SOXX iShares Semiconductor ETF New 0.06% +0.06
NBP Novabridge Biosciences New 0.05% +0.05
PPL PPL Corp. Add +27.3% 0.74% +0.04
GDS GDS Holdings Ltd. - ADR Add +33.3% 0.69% +0.04
ELV Elevance Health Inc. Add +5.4% 1.12% +0.01
CSIQ Canadian Solar Inc. New 0.01% +0.01
AJG Arthur J Gallagher & Co. Add +35.4% 1.53% +0.00
URI United Rentals Inc. Add +33.0% 1.00% −0.00
MSFT Microsoft Corp. Add +20.5% 3.13% −0.01
BZ Kanzhun Ltd. - ADR Add +7.6% 0.09% −0.02
ADSK Autodesk Inc. Add +4.2% 0.32% −0.05
NTES Netease Inc.-ADR Add +12.7% 0.84% −0.09
UBER Uber Technologies Inc. Add +14.9% 0.78% −0.14
PDD PDD Holdings Inc. Add +7.1% 1.07% −0.25
EFX Equifax Inc. Add +6.5% 1.03% −0.26
FISV Fiserv Inc. Add +28.2% 0.81% −0.56

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 77$1.1BMU, TSLA, VOO, LITE, AAPL
Q1 2026 75$1.0BTSLA, VOO, AAPL, LITE, FUTU
Q4 2025 106$1.0BTSLA, AAPL, VOO, GOOG, NVDA
Q3 2025 100$895.1MVOO, TSLA, AAPL, NVDA, BABA
Q2 2025 100$776.5MVOO, AAPL, TSLA, NVDA, AMZN
Q1 2025 102$733.8MAAPL, VOO, TSLA, PDD, NVDA
Q4 2024 102$680.3MTSLA, AAPL, VOO, MSFT, NVDA
Q3 2024 107$949.1MAAPL, PDD, TSLA, NVDA, VOO
Q2 2024 99$644.0MAAPL, PDD, NVDA, VOO, TSLA
Q1 2024 83$474.6MPDD, AAPL, TSLA, MSFT, BABA