Yunqi Capital Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Yunqi Capital Ltd reported 5 stock positions worth $140.1 million. Its top holding was Qfin Holdings Inc.-ADR (QFIN) at 31.7% of the portfolio, followed by Staar Surgical (STAA, 28.9%) and Lufax Holding Ltd.-ADR (LU, 20.1%). Compared with Q1 2025, it opened 2 new positions, sold out of 1 and added to 3. The biggest buy was a new position in Futu Holdings Ltd.-ADR (FUTU) and the biggest sale an exit from Full Truck Alliance -SPN ADR (YMM).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001912273
- Portfolio Value
- $140.1M (Q2 2025)
- SEC Filing
- 0001912273-25-000003 ↗ filed Aug 7, 2025
Holdings Value
Holdings 5 stocks · $140.1M
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 31.71% | 1,024,630 | $44.4M | Add +41.4% |
| STAA Staar Surgical Co. | 28.88% | 2,411,288 | $40.5M | Add +24.4% |
| LU Lufax Holding Ltd.-ADR | 20.11% | 10,098,040 | $28.2M | Add +42.3% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 11.47% | 130,000 | $16.1M | New |
| PDD PDD Holdings Inc. | 7.84% | 105,000 | $11.0M | New |
Portfolio Sells Q1 2025 → Q2 2025
| YMM Full Truck Alliance -SPN ADR | Sold out | 0.00% | −13.63 |
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 4 | $124.9M | STAA, LU, PSIX, API |
| Q1 2026 | 4 | $92.4M | STAA, LU, API, PONY |
| Q4 2025 | 6 | $125.4M | STAA, LU, PDD, API, PONY |
| Q3 2025 | 6 | $170.9M | STAA, LU, QFIN, PDD, API |
| Q2 2025 | 5 | $140.1M | QFIN, STAA, LU, FUTU, PDD |
| Q1 2025 | 4 | $101.6M | STAA, QFIN, LU, YMM |
| Q4 2024 | 5 | $156.5M | JOYY, QFIN, STAA, LU, YMM |
| Q3 2024 | 5 | $159.3M | QFIN, YMM, JOYY, LU, STAA |
| Q2 2024 | 8 | $158.1M | QFIN, YMM, JOYY, STAA, LU |
| Q1 2024 | 5 | $144.6M | QFIN, LU, YMM, JOYY, STAA |