HSG Holding Ltd
CIK 1470766 · View on SEC EDGAR ↗
- Portfolio value
- $330.5M
- Positions
- 20
- As of
- June 30, 2026
#4,893 of 9,443 by 13F value · top 51.8%
Portfolio value QoQ: -20.5% 13F does not disclose cash
- Top 10 holdings weight
- 90.59%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 14
- Effective number of positions
- 8.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 6.66% Est. buys $24,836,089 · sells $55,773,839
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 74.1% still held
- New positions
- 2
- Increased
- 0
- Decreased
- 0
- Closed
- 2
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Retail
28.4%
Healthcare
21.3%
Financial Services
17.8%
Technology
16.2%
Industrials
7.4%
Consumer Discretionary
3.4%
Real Estate
3.2%
Other/Unmapped
2.3%
Full portfolio 20 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| PDD PDD Holdings Inc. - American Depositary Shares | $74,343,175 | 22.49% | 974,609 | $-23,536,807 | |||
| FUTU Futu Holdings Limited - American Depositary Shares | $58,720,611 | 17.77% | 626,420 | $3,420,253 | |||
| CRCL Circle Internet Group, Inc. Class A Common Stock | $41,911,996 | 12.68% | 669,200 | $-6,738,844 | |||
| GYRE Gyre Therapeutics, Inc. - Common Stock | $24,714,470 | 7.48% | 3,750,299 | Up ×1 | |||
| BZ KANZHUN LIMITED - American Depository Shares | $24,453,000 | 7.40% | 1,900,000 | $-3,306,000 | |||
| AVBP ArriVent BioPharma, Inc. - Common Stock | $23,043,320 | 6.97% | 663,308 | $9,060,787 | |||
| DDL Dingdong (Cayman) Limited American Depositary Shares (each two representing three Ordinary Shares) | $19,477,249 | 5.89% | 10,091,839 | $-6,862,451 | |||
| GPCR Structure Therapeutics Inc. - American Depositary Shares | $13,672,433 | 4.14% | 254,750 | $7,731,663 | |||
| BEKE KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) | $10,737,917 | 3.25% | 739,017 | $-30,277,527 | |||
| PONY Pony AI Inc. - American Depositary Shares | $8,318,879 | 2.52% | 1,196,961 | $-7,576,763 | |||
| COE | $7,574,671 | 2.29% | 474,901 | $-242,199 | |||
| LOT Lotus Technology Inc. - American Depositary Shares | $5,655,896 | 1.71% | 4,834,099 | $-676,774 | |||
| ADAG Adagene Inc. - ADS, each representing 1.25 ordinary shares | $5,642,129 | 1.71% | 1,343,364 | $3,613,649 | |||
| THCH TH International Limited - Ordinary shares | $5,540,157 | 1.68% | 2,900,606 | $-2,001,419 | |||
| BTDR Bitdeer Technologies Group - Ordinary Shares | $2,192,726 | 0.66% | 138,168 | $833,153 | |||
| LYEL Lyell Immunopharma, Inc. - Common Stock | $2,139,801 | 0.65% | 152,299 | $2,066,697 | |||
| SLAI SOLAI Limited American Depositary Shares (each representing one hundred (100) Class A Ordinary Shares) | $1,124,871 | 0.34% | 350,427 | $497,607 | |||
| BRNS Barinthus Biotherapeutics plc - American Depositary Shares | $937,512 | 0.28% | 1,420,473 | $-227,276 | |||
| BNR Burning Rock Biotech Limited - American Depositary Shares | $177,544 | 0.05% | 21,212 | $115,181 | |||
| Unknown issuer (CUSIP: 985915206) | $121,619 | 0.04% | 229,470 | Up ×1 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| GYRE | $24,714,470 | 3,750,299 | 7.48% |
| Unknown issuer (CUSIP: 985915206) | $121,619 | 229,470 | 0.04% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BEKE | Price move only | +0 | -$30.3M |
| PDD | Price move only | +0 | -$23.5M |
| AVBP | Price move only | +0 | +$9.1M |
| GPCR | Price move only | +0 | +$7.7M |
| PONY | Price move only | +0 | -$7.6M |
| DDL | Price move only | +0 | -$6.9M |
| CRCL | Price move only | +0 | -$6.7M |
| ADAG | Price move only | +0 | +$3.6M |
| FUTU | Price move only | +0 | +$3.4M |
| BZ | Price move only | +0 | -$3.3M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| BULL | June 30, 2026 | 7,053,639 | $55,229,993 | 50.5% |
| YMM | March 31, 2025 | 2,721,822 | $30,838,243 | -32.2% |
| PONY | Dec. 31, 2025 | 905,911 | $17,429,728 | -44.9% |
| NOAH | Dec. 31, 2025 | 396,815 | $4,495,914 | -11.9% |
| LYELXXXX | June 30, 2025 | 3,045,997 | $1,462,079 | No longer tracked |
| YMT | June 30, 2026 | 3,442,060 | $543,846 | -63.4% |