HSG Holding Ltd reported 15 positions worth $1.18B for the quarter ended Jun 30, 2026, down 26.2% on the prior quarter. It opened 1 new position, added to 0, trimmed 0 and exited 1. Its largest holding is PDD Holdings Inc. at 73.3% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| GYRE Gyre Therapeutics, Inc. | +3.75M | – | $24.71M | 2.09% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| BULL Webull Corp | -7.05M | -100.0% | $55.23M | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| GYRE Gyre Therapeutics, Inc. | +3.75M | $24.71M | 2.09% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| BULL Webull Corp | -7.05M | $55.23M | 3.45% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | PDD PDD Holdings Inc. | Technology | 11.35M | $865.66M | 73.25% | 0 | 0.0% | Unchanged | 0.8% |
| 2 | FUTU Futu Holdings Ltd | Financial Services | 740.4K | $69.40M | 5.87% | 0 | 0.0% | Unchanged | 0.53% |
| 3 | PONY Pony AI Inc. | Technology | 7.54M | $52.39M | 4.43% | 0 | 0.0% | Unchanged | 1.98% |
| 4 | CRCL Circle Internet Group, Inc. | Financial Services | 669.2K | $41.91M | 3.55% | 0 | 0.0% | Unchanged | 0.27% |
| 5 | BEKE KE Holdings Inc. | Real Estate | 1.94M | $28.17M | 2.38% | 0 | 0.0% | Unchanged | 0.09% |
| 6 | GYRE Gyre Therapeutics, Inc. | Healthcare | 3.75M | $24.71M | 2.09% | +3.75M | – | New | 3.54% |
| 7 | BZ Kanzhun Ltd | Technology | 1.90M | $24.45M | 2.07% | 0 | 0.0% | Unchanged | 0.41% |
| 8 | AVBP ArriVent BioPharma, Inc. | Healthcare | 663.3K | $23.04M | 1.95% | 0 | 0.0% | Unchanged | 1.37% |
| 9 | DDL Dingdong (Cayman) Ltd | Consumer Staples | 10.09M | $19.48M | 1.65% | 0 | 0.0% | Unchanged | 2.32% |
| 10 | GPCR Structure Therapeutics Inc. | Healthcare | 266.1K | $14.28M | 1.21% | 0 | 0.0% | Unchanged | 0.12% |
| 11 | LOT Lotus Technology Inc. | Consumer Discretionary | 4.83M | $5.66M | 0.479% | 0 | 0.0% | Unchanged | 0.75% |
| 12 | ADAG Adagene Inc. | Healthcare | 1.34M | $5.64M | 0.477% | 0 | 0.0% | Unchanged | 2.83% |
| 13 | BTDR Bitdeer Technologies Group | Technology | 293.7K | $4.66M | 0.394% | 0 | 0.0% | Unchanged | 0.14% |
| 14 | LYEL Lyell Immunopharma, Inc. | Healthcare | 152.3K | $2.14M | 0.181% | 0 | 0.0% | Unchanged | 0.65% |
| 15 | BNR Burning Rock Biotech Ltd | Healthcare | 21.2K | $177.54K | 0.015% | 0 | 0.0% | Unchanged | 0.2% |
Tip. Select a row to see that position’s full history at HSG Holding.
As of its Q2 2026 13F filing, HSG Holding Ltd’s five largest positions were PDD Holdings Inc. (PDD) at 73.3%, Futu Holdings Ltd (FUTU) at 5.9%, Pony AI Inc. (PONY) at 4.4%, Circle Internet Group, Inc. (CRCL) at 3.5%, KE Holdings Inc. (BEKE) at 2.4% of the reported portfolio.
HSG Holding Ltd reported a 13F portfolio worth $1.18B across 15 positions for Q2 2026. That is down 26.2% from the previous quarter.
Its largest purchases by value were Gyre Therapeutics, Inc. ($24.71M). It opened 1 new positions.
Its largest sales by value were Webull Corp ($55.23M). It exited 1 positions entirely.
From the Form 13F-HR reports HSG Holding Ltd files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.