Latest First Beijing Investment Ltd Stock Portfolio
$2.32Billion– No. of Holdings #12
First Beijing Investment Ltd Performance:
2026 Q1: -10.49%YTD: -10.49%2025: 8.66%
Performance for 2026 Q1 is -10.49%, and YTD is -10.49%, and 2025 is 8.66%.
About First Beijing Investment Ltd and 13F Hedge Fund Stock Holdings
On 2026-05-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, First Beijing Investment Ltd reported an equity portfolio of $2.3 Billions as of 31 Mar, 2026.
The top stock holdings of First Beijing Investment Ltd are PDD, YMM, EDU. The fund has invested 35.9% of it's portfolio in PDD HOLDINGS INC and 32.2% of portfolio in FULL TRUCK ALLIANCE CO LTD.
The fund managers got completely rid off ATOUR LIFESTYLE HOLDINGS LTD (ATAT) stocks. They significantly reduced their stock positions in NOAH HLDGS LTD (NOAH), AGORA INC (API) and NEW ORIENTAL ED & TECHNOLOGY (EDU). First Beijing Investment Ltd opened new stock positions in LEGEND BIOTECH CORP (LEGN), SEA LTD (SE) and DINGDONG CAYMAN LTD (DDL). The fund showed a lot of confidence in some stocks as they added substantially to KASPI KZ JSC, PDD HOLDINGS INC (PDD) and FULL TRUCK ALLIANCE CO LTD (YMM).
The top stock holdings of First Beijing Investment Ltd are PDD, YMM, EDU. The fund has invested 35.9% of it's portfolio in PDD HOLDINGS INC and 32.2% of portfolio in FULL TRUCK ALLIANCE CO LTD.
The fund managers got completely rid off ATOUR LIFESTYLE HOLDINGS LTD (ATAT) stocks. They significantly reduced their stock positions in NOAH HLDGS LTD (NOAH), AGORA INC (API) and NEW ORIENTAL ED & TECHNOLOGY (EDU). First Beijing Investment Ltd opened new stock positions in LEGEND BIOTECH CORP (LEGN), SEA LTD (SE) and DINGDONG CAYMAN LTD (DDL). The fund showed a lot of confidence in some stocks as they added substantially to KASPI KZ JSC, PDD HOLDINGS INC (PDD) and FULL TRUCK ALLIANCE CO LTD (YMM).
First Beijing Investment Ltd Equity Portfolio Value
Last Reported on: 13 May, 2026
First Beijing Investment Ltd Annual Return Estimates Vs S&P 500
Our best estimate is that First Beijing Investment Ltd made a return of -10.49% in the last quarter. In trailing 12 months, it's portfolio return was -10.59%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| legend biotech corp | 41,540,700 |
| sea ltd | 17,304,200 |
| dingdong cayman ltd | 2,174,100 |
| zhihu inc | 1,564,980 |
| baozun inc | 1,061,940 |
New stocks bought by First Beijing Investment Ltd
Additions
| Ticker | % Inc. |
|---|---|
| kaspi kz jsc | 286 |
| pdd holdings inc | 20.14 |
| full truck alliance co ltd | 17.47 |
Additions to existing portfolio by First Beijing Investment Ltd
Reductions
| Ticker | % Reduced |
|---|---|
| noah hldgs ltd | -65.36 |
| agora inc | -22.22 |
| new oriental ed & technology | -10.99 |
| rlx technology inc | -4.35 |
First Beijing Investment Ltd reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| atour lifestyle holdings ltd | -228,958,000 |
First Beijing Investment Ltd got rid off the above stocks
Sector Distribution
First Beijing Investment Ltd has about 100% of it's holdings in Others sector.
- Others
| Sector | % |
|---|---|
| Others | 100 |
Market Cap. Distribution
First Beijing Investment Ltd has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
- UNALLOCATED
| Category | % |
|---|---|
| UNALLOCATED | 100 |
Stocks belong to which Index?
About 0% of the stocks held by First Beijing Investment Ltd either belong to S&P 500 or RUSSELL 2000 index.
- Others
| Index | % |
|---|---|
| Others | 100 |
| Top 5 Winners (%) | % | |
|---|---|---|
| EDU | 2.8 % | |
| Top 5 Winners ($) | $ | |
|---|---|---|
| EDU | 15.3 M | |
| Top 5 Losers (%) | % | |
|---|---|---|
| YMM | -21.3 % | |
| API | -11.6 % | |
| PDD | -9.1 % | |
| RLX | -5.5 % | |
| -3.3 % | ||
| Top 5 Losers ($) | $ | |
|---|---|---|
| YMM | -202.4 M | |
| PDD | -83.7 M | |
| RLX | -8.0 M | |
| -1.1 M | ||
| NOAH | 0.0 M | |
First Beijing Investment Ltd Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of First Beijing Investment Ltd
First Beijing Investment Ltd has 12 stocks in it's portfolio. YMM proved to be the most loss making stock for the portfolio. EDU was the most profitable stock for First Beijing Investment Ltd last quarter.
Last Reported on: 13 May, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| API | agora inc | 0.00 | 7,700 | 27,258 | reduced | -22.22 | ||
| ATAT | atour lifestyle holdings ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BZUN | baozun inc | 0.05 | 444,328 | 1,061,940 | new | |||
| DDL | dingdong cayman ltd | 0.09 | 845,952 | 2,174,100 | new | |||
| EDU | new oriental ed & technology | 21.97 | 8,995,260 | 509,401,000 | reduced | -10.99 | ||
| LEGN | legend biotech corp | 1.79 | 2,296,340 | 41,540,700 | new | |||
| NOAH | noah hldgs ltd | 0.06 | 135,988 | 1,346,280 | reduced | -65.36 | ||
| PDD | pdd holdings inc | 35.91 | 8,149,160 | 832,681,000 | added | 20.14 | ||
| RLX | rlx technology inc | 5.70 | 60,129,700 | 132,285,000 | reduced | -4.35 | ||
| SE | sea ltd | 0.75 | 208,963 | 17,304,200 | new | |||
| YMM | full truck alliance co ltd | 32.22 | 90,000,900 | 747,007,000 | added | 17.47 | ||
| ZH | zhihu inc | 0.07 | 551,048 | 1,564,980 | new | |||
| kaspi kz jsc | 1.39 | 434,350 | 32,172,300 | added | 286 | |||