WT Asset Management Ltd

Name: WT Asset Management Ltd 13F holdings, Q1 2024
Creator: WT Asset Management Ltd
Published: 2024-04-23

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 23, 2024), WT Asset Management Ltd reported 28 stock positions worth $983.9 million. Its top holding was New Oriental Educatio-SP ADR (EDU) at 12.6% of the portfolio, followed by PDD (PDD, 11.9%) and Nvidia (NVDA, 10.6%). Compared with Q4 2023, it opened 13 new positions, sold out of 8, added to 6 and reduced 9. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −96%).

Most Recent 13F: Q2 2026
Location: HONG KONG, K3
CIK: 0001780365
Portfolio Value: $983.9M (Q1 2024)
SEC Filing: 0001085146-24-001948 ↗ filed Apr 23, 2024

Holdings Value

Holdings 28 stocks · $983.9M


EDU New Oriental Educatio-SP ADR	12.58%	1,426,060	$123.8M	Reduce -19.1%
PDD PDD Holdings Inc.	11.95%	1,011,226	$117.6M	Add +267.5%
NVDA Nvidia Corp.	10.64%	115,895	$104.7M	New
TSM Taiwan Semiconductor-SP ADR	9.99%	722,762	$98.3M	Add +15.1%
MSFT Microsoft Corp.	8.86%	207,228	$87.2M	New
MU Micron Technology Inc.	5.27%	440,199	$51.9M	Add +27.0%
SNOW Snowflake Inc.	5.22%	317,658	$51.3M	Add +103.4%
NTES Netease Inc.-ADR	5.06%	480,869	$49.8M	Reduce -51.8%
ASML ASML Holding NV-NY Reg SHS	4.33%	43,911	$42.6M	Add +43.0%
ETN Eaton Corp. PLC	4.17%	131,200	$41.0M	New
VRT Vertiv Holdings Co. Class A	4.15%	499,627	$40.8M	Reduce -2.0%
TAL Tal Education Group- ADR	3.72%	3,220,523	$36.6M	Reduce -8.0%
META Meta Platforms Inc. Class A	3.13%	63,445	$30.8M	Reduce -49.1%
DKNG Draftkings Inc. Class A	2.94%	637,999	$29.0M	Reduce -15.5%
TME Tencent Music Entertainm-ADR	1.60%	1,403,700	$15.7M	Add +35.6%
APH Amphenol Corp. Class A	1.49%	127,500	$14.7M	New
SOXL Direx Dail Semi Bu 3X Et-Usd	1.45%	305,978	$14.2M	New
AS Amer Sports Inc.	1.15%	693,042	$11.3M	New
TCOM Trip.com Group Ltd.-ADR	0.68%	152,148	$6.7M	Reduce -50.6%
NVDL Granitesh 2X LNG Nvda ETF	0.42%	100,000	$4.2M	New
ANET Arista Networks Inc.	0.29%	10,000	$2.9M	Reduce -91.2%
BABA Alibaba Group Holding-SP ADR	0.26%	35,000	$2.5M	Reduce -95.9%
CEG Constellation Energy	0.19%	10,000	$1.8M	New
VST Vistra Corp.	0.14%	20,000	$1.4M	New
MNSO Miniso Group Holding Ltd.-ADR	0.12%	56,000	$1.1M	New
DELL Dell Technologies -C	0.09%	8,000	$913K	New
U Unity Software Inc.	0.05%	20,000	$534K	New
PLTR Palantir Technologies Inc. Class A	0.05%	20,000	$460K	New

Other holdings (2): bonds, preferreds, convertibles and warrants · $9.1M (not counted above)

Security	Class	Shares / Principal	Value	Change
SEA LTD (SEALTD 0.25 09/15/26)	NOTE 0.250% 9/1 · principal	9,258,000	$7.9M	No change
BILIBILI INC (BILI 0.5 12/01/26)	NOTE 0.500%12/0 · principal	1,246,000	$1.2M	Reduce -61.6%

Total filed on the 13F, all lines: $993.0M.

Portfolio Sells Q4 2023 → Q1 2024


BABA Alibaba Group Holding-SP ADR	Reduce -95.9%	0.26%	−8.26
QCOM Qualcomm Inc.	Sold out	0.00%	−7.90
NTES Netease Inc.-ADR	Reduce -51.8%	5.06%	−6.77
EDU New Oriental Educatio-SP ADR	Reduce -19.1%	12.58%	−3.87
TSLA Tesla Inc.	Sold out	0.00%	−3.61
ANET Arista Networks Inc.	Reduce -91.2%	0.29%	−3.13
LI Li Auto Inc. - ADR	Sold out	0.00%	−2.82
META Meta Platforms Inc. Class A	Reduce -49.1%	3.13%	−2.49
TAL Tal Education Group- ADR	Reduce -8.0%	3.72%	−1.92
TCOM Trip.com Group Ltd.-ADR	Reduce -50.6%	0.68%	−0.73
DKNG Draftkings Inc. Class A	Reduce -15.5%	2.94%	−0.44
SN Sharkninja Inc.	Sold out	0.00%	−0.42
ARM Arm Holdings PLC-ADR	Sold out	0.00%	−0.38
UBER Uber Technologies Inc.	Sold out	0.00%	−0.05
SPOT Spotify Technology SA	Sold out	0.00%	−0.05
RBLX Roblox Corp. Class A	Sold out	0.00%	−0.05
VRT Vertiv Holdings Co. Class A	Reduce -2.0%	4.15%	+1.03

Portfolio Buys Q4 2023 → Q1 2024


NVDA Nvidia Corp.	New	10.64%	+10.64
MSFT Microsoft Corp.	New	8.86%	+8.86
PDD PDD Holdings Inc.	Add +267.5%	11.95%	+6.82
ETN Eaton Corp. PLC	New	4.17%	+4.17
TSM Taiwan Semiconductor-SP ADR	Add +15.1%	9.99%	+1.68
MU Micron Technology Inc.	Add +27.0%	5.27%	+1.51
APH Amphenol Corp. Class A	New	1.49%	+1.49
SOXL Direx Dail Semi Bu 3X Et-Usd	New	1.45%	+1.45
ASML ASML Holding NV-NY Reg SHS	Add +43.0%	4.33%	+1.37
SNOW Snowflake Inc.	Add +103.4%	5.22%	+1.26
AS Amer Sports Inc.	New	1.15%	+1.15
NVDL Granitesh 2X LNG Nvda ETF	New	0.42%	+0.42
TME Tencent Music Entertainm-ADR	Add +35.6%	1.60%	+0.41
CEG Constellation Energy	New	0.19%	+0.19
VST Vistra Corp.	New	0.14%	+0.14
MNSO Miniso Group Holding Ltd.-ADR	New	0.12%	+0.12
DELL Dell Technologies -C	New	0.09%	+0.09
U Unity Software Inc.	New	0.05%	+0.05
PLTR Palantir Technologies Inc. Class A	New	0.05%	+0.05

Notes & Other Activity Q4 2023 → Q1 2024


BILIBILI INC (BILI 0.5 12/01/26)	NOTE 0.500%12/0 · principal	Reduce -61.6%	1,246,000	$1.2M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	23	$5.0B	SNDK, STX, WDC, MU, LITE
Q1 2026	26	$4.8B	LITE, COHR, SNDK, GLW, MU
Q4 2025	38	$2.5B	NVDA, MU, LITE, RDDT, GOOG
Q3 2025	39	$2.2B	NVDA, RBLX, APP, NIO, HOOD
Q2 2025	31	$1.4B	TSM, NVDA, AVGO, META, AMZN
Q1 2025	26	$846.8M	TPR, META, AMZN, BABA, AS
Q4 2024	39	$898.6M	NVDA, AS, TSM, AMZN, META
Q3 2024	29	$499.2M	TSM, JD, EDU, NVDA, ETN
Q2 2024	24	$1.0B	EDU, PDD, TSM, MU, AMZN
Q1 2024	28	$983.9M	EDU, PDD, NVDA, TSM, MSFT