First Beijing Investment Ltd
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$2.32B
Q ending 2026-03-31
Prior quarter
$2.54B
Q ending 2025-12-31
Change
-8.6% QoQ · +59.2% YoY
Positions
12
reported holdings
Largest positions
All 12 reported positions, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Pdd Holdings Inc | PDD | Shares | $832.7M | 8.1M |
| Full Truck Alliance Co Ltd | YMM | Shares | $747.0M | 90.0M |
| New Oriental Ed & Technology | EDU | Shares | $509.4M | 9.0M |
| Rlx Technology Inc | RLX | Shares | $132.3M | 60.1M |
| Legend Biotech Corp | LEGN | Shares | $41.5M | 2.3M |
| Kaspi Kz Jsc | KSPI | Shares | $32.2M | 434K |
| Sea Ltd | SE | Shares | $17.3M | 209K |
| Dingdong Cayman Ltd | DDL | Shares | $2.2M | 846K |
| Zhihu Inc | ZH | Shares | $1.6M | 551K |
| Noah Hldgs Ltd | NOAH | Shares | $1.3M | 136K |
| Baozun Inc | BZUN | Shares | $1.1M | 444K |
| Agora Inc | API | Shares | $27K | 8K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.