Triata Capital Ltd

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Triata Capital Ltd reported 12 stock positions worth $588.3 million. Its top holding was PDD (PDD) at 41.6% of the portfolio, followed by Vnet Group Inc.-ADR (VNET, 16.1%) and Qfin Holdings Inc.-ADR (QFIN, 13.9%). Compared with Q1 2026, it sold out of 2, added to 8 and reduced 2. The biggest buy was Qfin Holdings Inc.-ADR (QFIN, shares +48%) and the biggest sale an exit from Full Truck Alliance -SPN ADR (YMM).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0002014039
Portfolio Value
$588.3M (Q2 2026)
SEC Filing
0002014039-26-000004 ↗ filed Aug 13, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q4 2024: $241.4M Q4 2024 Q1 2025: $442.0M Q1 2025 Q2 2025: $512.3M Q2 2025 Q3 2025: $856.8M Q3 2025 Q4 2025: $825.1M Q4 2025 Q1 2026: $551.8M Q1 2026 Q2 2026: $588.3M $588.3M Q2 2026

Holdings 12 stocks · $588.3M
PDD PDD Holdings Inc. 41.64% 3,211,624 $245.0M Add +54.2%
VNET Vnet Group Inc.-ADR 16.08% 11,763,935 $94.6M Add +5.2%
QFIN Qfin Holdings Inc.-ADR 13.89% 5,166,613 $81.7M Add +47.8%
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 8.70% 1,705,220 $51.2M Add +56.7%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 4.11% 1,663,066 $24.2M Add +20.5%
ATAT Atour Lifestyle Holdings-ADR 3.66% 677,712 $21.6M Add +19.9%
TCOM Trip.com Group Ltd.-ADR 3.41% 503,346 $20.1M Add +29.5%
LEGN Legend Biotech Corp.-ADR 3.09% 629,914 $18.2M No change
BABA Alibaba Group Holding-SP ADR 2.85% 174,843 $16.8M Reduce -25.7%
HTHT H World Group Ltd.-ADR 2.02% 285,338 $11.9M Add +20.2%
TUYA Tuya Inc. 0.34% 1,145,371 $2.0M No change
IQ Iqiyi Inc.-ADR 0.20% 1,108,095 $1.2M Reduce -86.3%

Portfolio Sells Q1 2026 → Q2 2026
YMM Full Truck Alliance -SPN ADR Sold out 0.00% −3.49
BABA Alibaba Group Holding-SP ADR Reduce -25.7% 2.85% −2.50
IQ Iqiyi Inc.-ADR Reduce -86.3% 0.20% −1.78
EDU New Oriental Educatio-SP ADR Sold out 0.00% −1.77

Portfolio Buys Q1 2026 → Q2 2026
QFIN Qfin Holdings Inc.-ADR Add +47.8% 13.89% +5.71
PDD PDD Holdings Inc. Add +54.2% 41.64% +3.09
GDS GDS Holdings Ltd. - ADR Add +56.7% 8.70% +0.76
BEKE Ke Holdings Inc.-ADR Add +20.5% 4.11% +0.36
TCOM Trip.com Group Ltd.-ADR Add +29.5% 3.41% −0.10
ATAT Atour Lifestyle Holdings-ADR Add +19.9% 3.66% −0.11
HTHT H World Group Ltd.-ADR Add +20.2% 2.02% −0.14
VNET Vnet Group Inc.-ADR Add +5.2% 16.08% −0.93

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$588.3MPDD, VNET, QFIN, GDS, BEKE
Q1 2026 14$551.8MPDD, VNET, QFIN, GDS, BABA
Q4 2025 15$825.1MPDD, VNET, GDS, ACMR, QFIN
Q3 2025 15$856.8MPDD, VNET, GDS, ACMR, BEKE
Q2 2025 15$512.3MPDD, VNET, GDS, ACMR, BIDU
Q1 2025 12$442.0MPDD, BIDU, VNET, BEKE, ACMR
Q4 2024 12$241.4MPDD, VNET, GDS, BEKE, BIDU