Tree Line Advisors (Hong Kong) Ltd.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Tree Line Advisors (Hong Kong) Ltd. reported 3 stock positions worth $232.6 million. Its top holding was Nebius (NBIS) at 42.4% of the portfolio, followed by Sea Ltd.-ADR (SE, 31.6%) and Coupang (CPNG, 25.9%). Compared with Q4 2025, it sold out of 3. The biggest sale was an exit from Futu Holdings Ltd.-ADR (FUTU).

Most Recent 13F
Q2 2026
Location
CENTRAL, K3
CIK
0001535096
Portfolio Value
$232.6M (Q1 2026)
SEC Filing
0000929638-26-001861 ↗ filed May 14, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $331.4M Q1 2024 Q2 2024: $385.3M Q2 2024 Q3 2024: $430.6M Q3 2024 Q4 2024: $531.8M Q4 2024 Q1 2025: $400.8M Q1 2025 Q2 2025: $384.1M Q2 2025 Q3 2025: $547.5M Q3 2025 Q4 2025: $438.9M Q4 2025 Q1 2026: $232.6M $232.6M Q1 2026 Q2 2026: $351.1M Q2 2026

Holdings 3 stocks · $232.6M
NBIS Nebius Group NV 42.44% 1,070,000 $98.7M No change
SE Sea Ltd.-ADR 31.65% 940,000 $73.6M No change
CPNG Coupang Inc. 25.91% 3,300,000 $60.3M No change

Portfolio Sells Q4 2025 → Q1 2026
FUTU Futu Holdings Ltd.-ADR Sold out 0.00% −13.84
AVGO Broadcom Inc. Sold out 0.00% −12.62
ATAT Atour Lifestyle Holdings-ADR Sold out 0.00% −8.08

Portfolio Buys Q4 2025 → Q1 2026
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 3$351.1MNBIS, SE, CPNG
Q1 2026 3$232.6MNBIS, SE, CPNG
Q4 2025 6$438.9MSE, NBIS, CPNG, FUTU, AVGO
Q3 2025 6$547.5MSE, NBIS, CPNG, FUTU, AVGO
Q2 2025 4$384.1MSE, CPNG, NBIS, ATAT
Q1 2025 7$400.8MSE, CPNG, FCX, NVDA, AVGO
Q4 2024 9$531.8MSE, CPNG, AVGO, NVDA, FCX
Q3 2024 7$430.6MSE, CPNG, FCX, NVDA, AVGO
Q2 2024 7$385.3MSE, CPNG, FCX, NVDA, AVGO
Q1 2024 7$331.4MNVDA, CPNG, SE, AVGO, ANET