Latest KEYWISE CAPITAL MANAGEMENT (HK) Ltd Stock Portfolio

KEYWISE CAPITAL MANAGEMENT (HK) Ltd Performance:

2025 Q4: 1.89%YTD: 48.17%2024: 70.89%

Performance for 2025 Q4 is 1.89%, and YTD is 48.17%, and 2024 is 70.89%.

About KEYWISE CAPITAL MANAGEMENT (HK) Ltd and 13F Hedge Fund Stock Holdings

On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, KEYWISE CAPITAL MANAGEMENT (HK) Ltd reported an equity portfolio of $1.3 Billions as of 31 Dec, 2025.

The top stock holdings of KEYWISE CAPITAL MANAGEMENT (HK) Ltd are GOOG, PLTR, EL. The fund has invested 30.4% of it's portfolio in ALPHABET INC and 27.8% of portfolio in PALANTIR TECHNOLOGIES INC.

The fund managers got completely rid off ZSCALER INC (ZS), SNOWFLAKE INC (SNOW) and ROBINHOOD MKTS INC (HOOD) stocks. They significantly reduced their stock positions in PDD HOLDINGS INC (PDD), INTEL CORP (INTC) and MINISO GROUP HLDG LTD (MNSO). KEYWISE CAPITAL MANAGEMENT (HK) Ltd opened new stock positions in ORACLE CORP (ORCL) and ZOOZ STRATEGY LTD. The fund showed a lot of confidence in some stocks as they added substantially to ATOUR LIFESTYLE HLDGS LTD (ATAT), CIRCLE INTERNET GROUP INC and FULL TRUCK ALLIANCE CO LTD (YMM).

KEYWISE CAPITAL MANAGEMENT (HK) Ltd Annual Return Estimates Vs S&P 500

Our best estimate is that KEYWISE CAPITAL MANAGEMENT (HK) Ltd made a return of 1.89% in the last quarter. In trailing 12 months, it's portfolio return was 48.17%.

Performance
S&P 500

New Buys

Ticker	$ Bought
oracle corp	48,201,200
zooz strategy ltd	3,504,000

New stocks bought by KEYWISE CAPITAL MANAGEMENT (HK) Ltd

Additions

Ticker	% Inc.
atour lifestyle hldgs ltd	5,827
circle internet group inc	127
full truck alliance co ltd	111
bilibili inc	93.97
analog devices inc	75.63
taiwan semiconductor mfg ltd	70.22
lauder estee cos inc	70.1
howmet aerospace inc	61.22

Additions to existing portfolio by KEYWISE CAPITAL MANAGEMENT (HK) Ltd

Reductions

Ticker	% Reduced
pdd holdings inc	-92.49
intel corp	-77.24
miniso group hldg ltd	-71.41
nvidia corporation	-56.19
alphabet inc	-0.28
palantir technologies inc	-0.22

KEYWISE CAPITAL MANAGEMENT (HK) Ltd reduced stake in above stock

Sold off

Ticker	$ Sold
gds hldgs ltd	-205,110
robinhood mkts inc	-372,268
snowflake inc	-563,875
zscaler inc	-659,252

KEYWISE CAPITAL MANAGEMENT (HK) Ltd got rid off the above stocks

Sector Distribution

KEYWISE CAPITAL MANAGEMENT (HK) Ltd has about 39.8% of it's holdings in Technology sector.

Sector	%
Technology	39.8
Communication Services	31.5
Others	16.9
Consumer Defensive	11.7

Market Cap. Distribution

KEYWISE CAPITAL MANAGEMENT (HK) Ltd has about 83.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	71.2
UNALLOCATED	16.9
LARGE-CAP	11.9

Stocks belong to which Index?

About 54.3% of the stocks held by KEYWISE CAPITAL MANAGEMENT (HK) Ltd either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	54.3
Others	45.7

Top 5 Winners (%)		%
GOOG	alphabet inc	28.7 %
EL	lauder estee cos inc	14.4 %
ADI	analog devices inc	8.0 %
TSM	taiwan semiconductor mfg ltd	6.9 %
INTC	intel corp	6.1 %

Top 5 Winners ($)		$
GOOG	alphabet inc	88.5 M
EL	lauder estee cos inc	18.5 M
ATAT	atour lifestyle hldgs ltd	1.4 M
TSM	taiwan semiconductor mfg ltd	0.1 M
INTC	intel corp	0.1 M

Top 5 Losers (%)		%
	volatility shs tr	-57.9 %
	circle internet group inc	-32.6 %
YMM	full truck alliance co ltd	-13.3 %
MNSO	miniso group hldg ltd	-10.7 %
BILI	bilibili inc	-9.7 %

Top 5 Losers ($)		$
	circle internet group inc	-47.9 M
MNSO	miniso group hldg ltd	-19.3 M
PLTR	palantir technologies inc	-9.5 M
PDD	pdd holdings inc	-2.2 M
	volatility shs tr	-0.9 M

KEYWISE CAPITAL MANAGEMENT (HK) Ltd Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of KEYWISE CAPITAL MANAGEMENT (HK) Ltd

KEYWISE CAPITAL MANAGEMENT (HK) Ltd has 17 stocks in it's portfolio. About 95.9% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for KEYWISE CAPITAL MANAGEMENT (HK) Ltd last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ADI	analog devices inc	0.09	4,180	1,133,620	added	75.63

ATAT	atour lifestyle hldgs ltd	4.48	1,481,840	58,384,400	added	5,827

BILI	bilibili inc	0.24	126,080	3,100,310	added	93.97

EL	lauder estee cos inc	11.26	1,400,800	146,692,000	added	70.1

GDS	gds hldgs ltd	0.00	0.00	0.00	sold off	-100

GOOG	alphabet inc	30.38	1,263,900	395,601,000	reduced	-0.28

HOOD	robinhood mkts inc	0.00	0.00	0.00	sold off	-100

HWM	howmet aerospace inc	0.12	7,900	1,619,660	added	61.22

INTC	intel corp	0.04	12,520	461,988	reduced	-77.24

MNSO	miniso group hldg ltd	3.30	2,290,680	42,950,200	reduced	-71.41

NVDA	nvidia corporation	6.83	477,190	88,995,900	reduced	-56.19

ORCL	oracle corp	3.70	247,300	48,201,200	new

PDD	pdd holdings inc	0.14	16,500	1,870,940	reduced	-92.49

PLTR	palantir technologies inc	27.78	2,035,230	361,762,000	reduced	-0.22

SNOW	snowflake inc	0.00	0.00	0.00	sold off	-100

TSM	taiwan semiconductor mfg ltd	0.16	6,860	2,084,680	added	70.22

YMM	full truck alliance co ltd	0.11	135,200	1,450,700	added	111

ZS	zscaler inc	0.00	0.00	0.00	sold off	-100

	circle internet group inc	7.61	1,249,970	99,122,600	added	127

	zooz strategy ltd	0.27	8,000,000	3,504,000	new