True Light Capital Pte. Ltd. reported 8 positions worth $127.37M for the quarter ended Sep 30, 2026, down 16.1% on the prior quarter. It opened 0 new positions, added to 1, trimmed 5 and exited 0. Its largest holding is PDD Holdings Inc. at 26.4% 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 |
|---|---|---|---|---|
| AS Amer Sports, Inc. | +93.3K | +20.4% | $2.55M | 11.79% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| PDD PDD Holdings Inc. | -157.9K | -26.8% | $12.31M | 26.38% |
| YUMC Yum China Holdings, Inc. | -185.8K | -48.9% | $7.64M | 6.26% |
| HTHT H World Group Ltd | -113.0K | -16.8% | $4.84M | 18.78% |
| TCOM Trip.com Group Ltd | -58.0K | -15.5% | $2.27M | 9.69% |
| NTES NetEase, Inc. | -11.7K | -24.0% | $1.42M | 3.52% |
No new positions this quarter.
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | PDD PDD Holdings Inc. | Technology | 431.2K | $33.60M | 26.38% | -157.9K | -26.8% | Reduced | 0.03% |
| 2 | BABA Alibaba Group Holding Ltd | Technology | 267.3K | $28.74M | 22.57% | 0 | 0.0% | Unchanged | 0.01% |
| 3 | HTHT H World Group Ltd | Consumer Discretionary | 558.8K | $23.92M | 18.78% | -113.0K | -16.8% | Reduced | 0.18% |
| 4 | AS Amer Sports, Inc. | Consumer Discretionary | 550.4K | $15.02M | 11.79% | +93.3K | +20.4% | Added | 0.1% |
| 5 | TCOM Trip.com Group Ltd | Consumer Discretionary | 315.8K | $12.35M | 9.69% | -58.0K | -15.5% | Reduced | 0.05% |
| 6 | YUMC Yum China Holdings, Inc. | Consumer Discretionary | 194.0K | $7.98M | 6.26% | -185.8K | -48.9% | Reduced | 0.06% |
| 7 | NTES NetEase, Inc. | Technology | 37.1K | $4.49M | 3.52% | -11.7K | -24.0% | Reduced | 0.01% |
| 8 | ONC BeOne Medicines Ltd. | Healthcare | 3,480 | $1.27M | 1% | 0 | 0.0% | Unchanged | 0% |
Tip. Select a row to see that position’s full history at True Light Capital Pte.
As of its Q3 2026 13F filing, True Light Capital Pte. Ltd.’s five largest positions were PDD Holdings Inc. (PDD) at 26.4%, Alibaba Group Holding Ltd (BABA) at 22.6%, H World Group Ltd (HTHT) at 18.8%, Amer Sports, Inc. (AS) at 11.8%, Trip.com Group Ltd (TCOM) at 9.7% of the reported portfolio.
True Light Capital Pte. Ltd. reported a 13F portfolio worth $127.37M across 8 positions for Q3 2026. That is down 16.1% from the previous quarter.
Its largest purchases by value were Amer Sports, Inc. ($2.55M). It opened 0 new positions.
Its largest sales by value were PDD Holdings Inc. ($12.31M), Yum China Holdings, Inc. ($7.64M), H World Group Ltd ($4.84M). It exited 0 positions entirely.
From the Form 13F-HR reports True Light Capital Pte. 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.