Portfolio concentration
As of December 31, 2025 · N-PORT
Holdings
42
Top-10 weight
50.88%
Effective holdings
?
The number of equal-weight positions that would produce this portfolio's concentration (1 ÷ Herfindahl index). A 500-stock fund dominated by a few mega-caps might have only ~100 effective holdings.
23
Crowding
?
The value-weighted average number of funds that also own this fund's positions. High = consensus/crowded picks; low = holdings few other funds own.
283.7
Holdings
As of December 31, 2025 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | TENCENT HOLDINGS LTD | — | 151,700 | $11.64M | 12.53% |
| 2 | BABA-W | — | 443,600 | $8.14M | 8.76% |
| 3 | PING AN-H | — | 524,000 | $4.40M | 4.74% |
| 4 | CHINA MERCHANTS BANK-H COMMON STOCK | 3968 | 559,500 | $3.81M | 4.10% |
| 5 | CCB-H | — | 3,767,000 | $3.73M | 4.01% |
| 6 | EB ENVIRONMENT COMMON STOCK | 257 | 5,302,000 | $3.28M | 3.53% |
| 7 | ANHUI EXPRESS-H | — | 1,906,000 | $3.20M | 3.45% |
| 8 | PETROCHINA-H | — | 2,894,000 | $3.12M | 3.36% |
| 9 | WASION HOLDINGS | — | 1,282,000 | $2.83M | 3.05% |
| 10 | Receive CONTEMPORARY A-A Pay Overnight Rate -1 | — | 53,640 | $2.83M | 3.04% |
| 11 | CHINA SUNTIEN-H | — | 4,995,000 | $2.53M | 2.72% |
| 12 | MINTH GROUP LTD | 425 | 612,000 | $2.51M | 2.70% |
| 13 | WH GROUP LTD | — | 2,013,500 | $2.24M | 2.41% |
| 14 | ICBC-H | — | 2,584,000 | $2.09M | 2.25% |
| 15 | Mixue Group, Class H | 2097 | 39,200 | $2.07M | 2.22% |
| 16 | CHINA JUSHI CO-A | — | 829,707 | $2.04M | 2.19% |
| 17 | TRIP.COM GROUP L | — | 27,400 | $1.96M | 2.11% |
| 18 | KUAISHOU-W | — | 231,500 | $1.91M | 2.06% |
| 19 | INNER MONG YIL-A | — | 441,100 | $1.81M | 1.95% |
| 20 | SUNGROW POWER -A | — | 70,520 | $1.73M | 1.86% |
| 21 | BIDU-SW | — | 100,350 | $1.65M | 1.78% |
| 22 | BOC AVIATION LTD | — | 166,500 | $1.56M | 1.68% |
| 23 | CSPC PHARMACEUTI | — | 1,404,000 | $1.52M | 1.64% |
| 24 | ZTO Express (Cayman) Inc. SPONSORED ADS A | ZTO | 70,800 | $1.48M | 1.59% |
| 25 | GF SECURITIES-H | — | 636,600 | $1.44M | 1.55% |
| 26 | AUTEL INTELLIG-A | — | 270,852 | $1.43M | 1.54% |
| 27 | SHANGHAI CONAN-H | — | 204,500 | $1.42M | 1.53% |
| 28 | YUM CHINA HOLDINGS INC - XHKG LISTING | — | 29,031 | $1.39M | 1.49% |
| 29 | SHANXI XINGHUA-A | — | 54,980 | $1.35M | 1.46% |
| 30 | HONGFA TECHNOL-A | — | 279,600 | $1.22M | 1.31% |
| 31 | KANZHUN LTD CL A ADR | BZ US | 59,127 | $1.21M | 1.30% |
| 32 | GREENTOWN CHINA | — | 967,500 | $1.05M | 1.13% |
| 33 | FULL TRUCK ALLIANCE CO LTD ADR | — | 97,727 | $1.05M | 1.13% |
| 34 | Techtronic Industries Company Limited | TTNDF | 89,500 | $1.03M | 1.11% |
| 35 | FOCUS MEDIA IN-A | — | 879,200 | $928.93K | 1.00% |
| 36 | BEIJING YAN-A | — | 571,200 | $920.06K | 0.99% |
| 37 | GIANT BIOGENE HO | — | 196,400 | $840.75K | 0.90% |
| 38 | SUNEVISION HLDGS | — | 1,420,000 | $839.81K | 0.90% |
| 39 | MAO GEPING COSME | — | 77,900 | $818.43K | 0.88% |
| 40 | AK MEDICAL HOLDI | — | 672,000 | $493.74K | 0.53% |
| 41 | CHINA INTERNAT-H | — | 187,200 | $472.84K | 0.51% |
| 42 | MEITU INC | — | 395,500 | $356.12K | 0.38% |
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