True Light Capital Pte. Ltd.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 5, 2026), True Light Capital Pte. Ltd. reported 8 stock positions worth $197.9 million. Its top holding was PDD (PDD) at 32.3% of the portfolio, followed by H World Group Ltd.-ADR (HTHT, 17.1%) and Alibaba Group Holding-SP ADR (BABA, 16.9%). Compared with Q4 2025, it added to 3 and reduced 2. The biggest buy was Amer Sports (AS, shares +40%) and the biggest sale Yum China (YUMC, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0002107386
- Portfolio Value
- $197.9M (Q1 2026)
- SEC Filing
- 0002107386-26-000002 ↗ filed May 5, 2026
Holdings Value
Holdings 8 stocks · $197.9M
| PDD PDD Holdings Inc. | 32.34% | 626,300 | $64.0M | Add +4.0% |
| HTHT H World Group Ltd.-ADR | 17.14% | 674,189 | $33.9M | Reduce -15.6% |
| BABA Alibaba Group Holding-SP ADR | 16.95% | 267,275 | $33.5M | No change |
| YUMC Yum China Holdings Inc. | 13.28% | 538,572 | $26.3M | Reduce -21.3% |
| TCOM Trip.com Group Ltd.-ADR | 9.41% | 373,751 | $18.6M | No change |
| AS Amer Sports Inc. | 7.61% | 457,150 | $15.0M | Add +39.8% |
| NTES Netease Inc.-ADR | 2.76% | 48,754 | $5.5M | Add +79.2% |
| ONC Beone Medicines Ltd.-ADR | 0.52% | 3,480 | $1.0M | No change |