Greenwoods Asset Management Hong Kong Ltd.
Long book
$3.88B
Q1 2026
Positions
25
Top-10 weight
85%
concentration
Last quarter
+18.2%
SPY +14.8%
Turnover
29%
of book per quarter
Strategy in plain words
auto-generated from filingsGreenwoods Asset Management Hong Kong Ltd. is a concentrated fundamental stock-picker, specialised in technology (62% of the long book), running a $3.88B US long book across 25 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ALPHABET INC-CL A, PDD HOLDINGS INC, NETEASE INC-ADR, FULL TRUCK ALLIANCE -SPN ADR, META PLATFORMS INC-CLASS A.
Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+6.0%
Q2 2024
+7.6%
Q3 2024
-3.5%
Q4 2024
+4.7%
Q1 2025
+11.2%
Q2 2025
+15.2%
Q3 2025
-5.8%
Q4 2025
-11.2%
Q1 2026
+18.2%
Sector allocation
Technology 86%
Consumer discretionary 11%
Financials 2%
Industrials 1%
Long book by quarter
What does Greenwoods Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 2.9M | $840.1M | 21.7% | +8.6% |
| META META PLATFORMS INC-CLASS A | Technology | 541.7K | $309.9M | 8.0% | -45.7% |
| INTC INTEL CORP | Technology | 6.9M | $305.5M | 7.9% | +167.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.0M | $209.2M | 5.4% | New |
| NVDA NVIDIA CORP | Technology | 762.7K | $133.0M | 3.4% | -9.0% |
| AAPL APPLE INC | Technology | 248.4K | $63.0M | 1.6% | +16.5% |
| UNH UNITEDHEALTH GROUP INC | Financials | 130.3K | $35.3M | 0.9% | Held |
| MMYT MAKEMYTRIP LTD | Industrials | 388.6K | $14.5M | 0.4% | +51.2% |
| LITE LUMENTUM HOLDINGS INC | Technology | 10.8K | $7.6M | 0.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 35 | $3.88B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 38 | $4.04B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 39 | $4.44B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 36 | $2.87B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 40 | $3.23B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 44 | $3.17B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 8, 2024 | 45 | $3.15B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 51 | $3.79B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 56 | $3.23B | canonical | SEC ↗ |