Trivest Advisors Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Trivest Advisors Ltd reported 21 stock positions worth $1.2 billion. Its top holding was Alibaba Group Holding-SP ADR (BABA) at 25.0% of the portfolio, followed by PDD (PDD, 13.4%) and Trip.com Group Ltd.-ADR (TCOM, 8.8%). Compared with Q4 2024, it opened 9 new positions, sold out of 33, added to 2 and reduced 10. The biggest buy was a new position in Alibaba Group Holding-SP ADR (BABA) and the biggest sale an exit from Microsoft (MSFT).
- Most Recent 13F
- Q2 2026
- Location
- Hong Kong, K3
- CIK
- 0001555623
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0000929638-25-001807 ↗ filed May 8, 2025
Holdings Value
Holdings 21 stocks · $1.2B
| BABA Alibaba Group Holding-SP ADR | 25.05% | 2,233,000 | $295.3M | New |
| PDD PDD Holdings Inc. | 13.38% | 1,332,700 | $157.7M | Add +189.7% |
| TCOM Trip.com Group Ltd.-ADR | 8.84% | 1,640,000 | $104.3M | Reduce -1.0% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 8.37% | 963,863 | $98.7M | New |
| META Meta Platforms Inc. Class A | 7.33% | 150,000 | $86.5M | Reduce -59.1% |
| SE Sea Ltd.-ADR | 7.08% | 640,000 | $83.5M | Reduce -9.9% |
| MU Micron Technology Inc. | 6.79% | 921,300 | $80.1M | New |
| SPOT Spotify Technology SA | 5.97% | 128,000 | $70.4M | Reduce -24.4% |
| AMZN Amazon.com Inc. | 5.68% | 352,000 | $67.0M | Reduce -55.4% |
| AS Amer Sports Inc. | 4.79% | 2,110,945 | $56.4M | Add +47.9% |
| NVDA Nvidia Corp. | 1.52% | 165,720 | $18.0M | Reduce -56.4% |
| RDDT Reddit Inc. Class A | 1.17% | 132,000 | $13.8M | Reduce -69.3% |
| BE Bloom Energy Corp. Class A | 1.06% | 634,400 | $12.5M | Reduce -53.9% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.51% | 301,000 | $6.0M | New |
| ORCL Oracle Corp. | 0.47% | 40,000 | $5.6M | New |
| CRM Salesforce Inc. | 0.46% | 20,292 | $5.4M | Reduce -93.4% |
| VXX Ipath Series B S&P 500 Vix filed as BARCLAYS BANK PLC | 0.44% | 100,000 | $5.1M | Reduce -59.2% |
| SNDK Sandisk Corp. | 0.40% | 100,100 | $4.8M | New |
| BZ Kanzhun Ltd. - ADR | 0.33% | 204,000 | $3.9M | New |
| GEV GE Vernova Inc. | 0.26% | 10,000 | $3.1M | New |
| SMMT Summit Therapeutics Inc. | 0.08% | 47,000 | $907K | New |
Portfolio Sells Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Sold out | 0.00% | −6.98 |
| TSLA Tesla Inc. | Sold out | 0.00% | −5.20 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −5.07 |
| CRM Salesforce Inc. | Reduce -93.4% | 0.46% | −4.20 |
| CEG Constellation Energy | Sold out | 0.00% | −3.85 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −2.72 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −2.58 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −2.49 |
| META Meta Platforms Inc. Class A | Reduce -59.1% | 7.33% | −2.42 |
| MS Morgan Stanley | Sold out | 0.00% | −2.28 |
| BTDR Bitdeer Technologies Group-A | Sold out | 0.00% | −2.20 |
| AMZN Amazon.com Inc. | Reduce -55.4% | 5.68% | −2.19 |
| ZS Zscaler Inc. | Sold out | 0.00% | −2.05 |
| RDDT Reddit Inc. Class A | Reduce -69.3% | 1.17% | −2.02 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −1.87 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −1.86 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −1.62 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −1.46 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −1.39 |
| INTU Intuit Inc. | Sold out | 0.00% | −1.26 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −1.06 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.92 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.82 |
| NVDA Nvidia Corp. | Reduce -56.4% | 1.52% | −0.79 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.77 |
| VST Vistra Corp. | Sold out | 0.00% | −0.70 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.66 |
| JEF Jefferies Financial Group Inc. | Sold out | 0.00% | −0.64 |
| ZM Zoom Communications Inc. | Sold out | 0.00% | −0.62 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.62 |
| C Citigroup Inc. | Sold out | 0.00% | −0.56 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.54 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.49 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.37 |
| BE Bloom Energy Corp. Class A | Reduce -53.9% | 1.06% | −0.33 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.31 |
| TPG TPG Inc. | Sold out | 0.00% | −0.26 |
| AEO American Eagle Outfitters | Sold out | 0.00% | −0.22 |
| VXX Ipath Series B S&P 500 Vix | Reduce -59.2% | 0.44% | −0.07 |
| ATAT Atour Lifestyle Holdings-ADR | Sold out | 0.00% | −0.02 |
| SPOT Spotify Technology SA | Reduce -24.4% | 5.97% | +2.53 |
| SE Sea Ltd.-ADR | Reduce -9.9% | 7.08% | +3.67 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -1.0% | 8.84% | +3.68 |
Portfolio Buys Q4 2024 → Q1 2025
| BABA Alibaba Group Holding-SP ADR | New | 25.05% | +25.05 |
| PDD PDD Holdings Inc. | Add +189.7% | 13.38% | +11.35 |
| FUTU Futu Holdings Ltd.-ADR | New | 8.37% | +8.37 |
| MU Micron Technology Inc. | New | 6.79% | +6.79 |
| AS Amer Sports Inc. | Add +47.9% | 4.79% | +2.97 |
| BEKE Ke Holdings Inc.-ADR | New | 0.51% | +0.51 |
| ORCL Oracle Corp. | New | 0.47% | +0.47 |
| SNDK Sandisk Corp. | New | 0.40% | +0.40 |
| BZ Kanzhun Ltd. - ADR | New | 0.33% | +0.33 |
| GEV GE Vernova Inc. | New | 0.26% | +0.26 |
| SMMT Summit Therapeutics Inc. | New | 0.08% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 15 | $3.2B | STX, MU, WDC, LRCX, SNDK |
| Q1 2026 | 29 | $1.4B | MU, LRCX, LITE, TER, BE |
| Q4 2025 | 30 | $2.2B | GOOGL, NVDA, AVGO, MSFT, MU |
| Q3 2025 | 32 | $3.1B | NVDA, BE, MSFT, GOOGL, BABA |
| Q2 2025 | 36 | $2.6B | AMZN, META, SPOT, NVDA, AVGO |
| Q1 2025 | 21 | $1.2B | BABA, PDD, TCOM, FUTU, META |
| Q4 2024 | 45 | $2.2B | META, AMZN, MSFT, TSLA, TCOM |
| Q3 2024 | 35 | $1.8B | META, MSFT, NVDA, PDD, EDU |
| Q2 2024 | 20 | $1.9B | MSFT, NVDA, AMZN, PDD, EDU |
| Q1 2024 | 27 | $2.8B | MSFT, META, NVDA, AMZN, VRT |