KEYWISE CAPITAL MANAGEMENT (HK) Ltd
Long book
$593.3M
Q1 2026
Positions
10
Top-10 weight
100%
concentration
Last quarter
+8.8%
SPY +14.8%
Turnover
58%
of book per quarter
Strategy in plain words
auto-generated from filingsKEYWISE CAPITAL MANAGEMENT (HK) Ltd is a concentrated fundamental stock-picker, specialised in technology (76% of the long book), running a $593.3M US long book across 10 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: TAIWAN SEMICONDUCTOR-SP ADR, ALPHABET INC-CL A, CIRCLE INTERNET GROUP INC, PALANTIR TECHNOLOGIES INC-A, SEAGATE TECHNOLOGY HOLDINGS.
Over the last 9 quarters its long book ran on average 7.3pp 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
+8.5%
Q2 2024
+11.0%
Q3 2024
+32.2%
Q4 2024
-2.7%
Q1 2025
+29.4%
Q2 2025
+28.5%
Q3 2025
+2.3%
Q4 2025
-12.0%
Q1 2026
+8.8%
Sector allocation
Technology 54%
Financials 34%
Other 11%
Industrials 1%
Long book by quarter
What does KEYWISE CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 441.1K | $126.8M | 21.4% | -65.1% |
| CRCL CIRCLE INTERNET GROUP INC | Financials | 1.3M | $126.7M | 21.4% | +6.2% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 319.8K | $46.8M | 7.9% | -84.3% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 102.8K | $40.3M | 6.8% | New |
| NVDA NVIDIA CORP | Technology | 164.0K | $28.6M | 4.8% | -65.6% |
| ZOOZ ZOOZ STRATEGY LTD | Industrials | 8.0M | $2.4M | 0.4% | Held |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 1.1K | $1.5M | 0.3% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 12 | $630.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 19 | $1.30B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 23 | $1.30B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 17 | $1.19B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 15 | $925.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 17 | $1.22B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 15 | $1.01B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 13 | $832.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 13 | $740.7M | canonical | SEC ↗ |