Primavera Capital Management Ltd reported 4 positions worth $544.26M for the quarter ended Jun 30, 2026, down 16.0% on the prior quarter. It opened 1 new position, added to 0, trimmed 0 and exited 0. Its largest holding is Yum China Holdings, Inc. at 90.4% 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 |
|---|---|---|---|---|
| STG Sunlands Technology Group | +1.65M | – | $6.48M | 1.19% |
No positions were reduced this quarter.
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| STG Sunlands Technology Group | +1.65M | $6.48M | 1.19% |
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | YUMC Yum China Holdings, Inc. | Consumer Discretionary | 12.04M | $491.90M | 90.38% | 0 | 0.0% | Unchanged | 3.46% |
| 2 | XPEV Xpeng Inc. | Consumer Discretionary | 3.31M | $43.78M | 8.04% | 0 | 0.0% | Unchanged | 0.35% |
| 3 | STG Sunlands Technology Group | Technology | 1.65M | $6.48M | 1.19% | +1.65M | – | New | 12.27% |
| 4 | CANG Cango Inc. | Technology | 1.03M | $2.11M | 0.387% | 0 | 0.0% | Unchanged | 3.64% |
Tip. Select a row to see that position’s full history at Primavera Capital Management.
As of its Q2 2026 13F filing, Primavera Capital Management Ltd’s five largest positions were Yum China Holdings, Inc. (YUMC) at 90.4%, Xpeng Inc. (XPEV) at 8.0%, Sunlands Technology Group (STG) at 1.2%, Cango Inc. (CANG) at 0.4% of the reported portfolio.
Primavera Capital Management Ltd reported a 13F portfolio worth $544.26M across 4 positions for Q2 2026. That is down 16.0% from the previous quarter.
Its largest purchases by value were Sunlands Technology Group ($6.48M). It opened 1 new positions.
From the Form 13F-HR reports Primavera Capital Management 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.