Primavera Capital Management Ltd
CIK 1686305 · View on SEC EDGAR ↗
- Portfolio value
- $565.1M
- Positions
- 5
- As of
- June 30, 2026
Portfolio value QoQ: -12.8% 13F does not disclose cash
- Top 10 holdings weight
- 100.00%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 4
- Effective number of positions
- 1.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.0% Est. buys $27,291,122 · sells $0
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 100.0% still held
- New positions
- 2
- Increased
- 0
- Decreased
- 0
- Closed
- 0
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- 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.
Performance vs S&P 500
Annualized: -9.1% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 0.0%
Sector breakdown
Full portfolio 5 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| YUMC Yum China Holdings, Inc. Common Stock | $491,896,402 | 87.05% | 12,035,635 | $-95,201,873 | |||
| XPEV XPeng Inc. American depositary shares, each representing two Class A ordinary shares | $43,778,947 | 7.75% | 3,306,567 | $-12,796,414 | |||
| Unknown issuer (CUSIP: 233369107) | $20,812,232 | 3.68% | 3,770,332 | Up ×1 | |||
| STG Sunlands Technology Group American Depositary Shares, representing Class A ordinary shares | $6,478,890 | 1.15% | 1,652,778 | Up ×1 | |||
| CANG Cango Inc. Class A Ordinary Shares | $2,108,121 | 0.37% | 10,308,662 | $-2,128,739 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 233369107) | $20,812,232 | 3,770,332 | 3.68% |
| STG | $6,478,890 | 1,652,778 | 1.15% |