Greenwoods Asset Management Hong Kong Ltd. — 13F Holdings & Portfolio
CIK 1848138 · latest 13F-HR filed 2026-08-07
Greenwoods Asset Management Hong Kong Ltd. manages $2.19B in 13F-reported U.S. long-equity assets across 27 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GOOGL (29.60%), INTC (17.58%), PDD (15.13%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions and exited 8; 4 existing positions rose in reported value and 13 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-07
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 95.3%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 30, 2026.
1 CONNAUGHT PLACE, CENTRAL
HONG KONG
China
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| INVEST PARTNER GROUP LIMITED Control | SHAREHOLDER since Mar 2005 | 75% or more | Foreign Entity |
| JIANG, JINZHI, (NMN) Control | DIRECTOR since Nov 2005 | Less than 5% | Individual |
| YEO, WHEY SHIN EDWIN | DIRECTOR since Mar 2022 | Less than 5% | Individual |
| JIANG, JINZHI, (NMN) Control Indirect owner via INVEST PARTNER GROUP LIMITED | MEMBER since Jun 2004 | 75% or more | Individual |
Ownership & leadership changes · 8 filings with changes since Mar 29, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedZENG, XIAOSONG · DIRECTOR · Less than 5% · listed since Feb 2009
- No longer listedKWAN, AGATHA KWOON YEE · LEGAL COUNSEL AND COMPLIANCE OFFICER · Less than 5% · listed since Jun 2020
- AddedYEO, WHEY SHIN EDWIN · DIRECTOR · Less than 5%
- ChangedZENG, XIAOSONG · title DIRECTOR AND GENERAL MANAGER → DIRECTOR
- AddedKWAN, AGATHA KWOON YEE · LEGAL COUNSEL AND COMPLIANCE OFFICER · Less than 5%
- ChangedZENG, XIAOSONG · title DIRECTOR AND CHIEF EXECUTIVE OFFICER → DIRECTOR AND GENERAL MANAGER
- No longer listedZENG, XIAOSONG · DIRECTOR · Less than 5% · listed since Feb 2009
- Listed againZENG, XIAOSONG · DIRECTOR AND CHIEF EXECUTIVE OFFICER · Less than 5%
- No longer listedZHENG, WEIHE · MEMBER · 25–50% · indirect via INVEST PARTNER GROUP LIMITED · listed since Jun 2004
- ChangedJIANG, JINZHI, (NMN) · ownership 50–75% → Less than 5%
- ChangedJIANG, JINZHI, (NMN) · indirect via INVEST PARTNER GROUP LIMITED: ownership 50–75% → 75% or more
- No longer listedHUANG, LI · DIRECTOR · Less than 5% · listed since Mar 2005
- No longer listedZHONG, BING · DIRECTOR · 10–25% · listed since Mar 2005
- No longer listedHUA, CHEN, YI · DIRECTOR · Less than 5% · listed since Mar 2005
- ListedHUA, CHEN, YI · DIRECTOR · Less than 5%
- ListedHUANG, LI · DIRECTOR · Less than 5%
- ListedINVEST PARTNER GROUP LIMITED · SHAREHOLDER · 75% or more · control person
- ListedJIANG, JINZHI, (NMN) · DIRECTOR · 50–75% · control person
- ListedJIANG, JINZHI, (NMN) · MEMBER · 50–75% · indirect via INVEST PARTNER GROUP LIMITED · control person
- ListedZENG, XIAOSONG · DIRECTOR · Less than 5%
- ListedZHENG, WEIHE · MEMBER · 25–50% · indirect via INVEST PARTNER GROUP LIMITED
- ListedZHONG, BING · DIRECTOR · 10–25%
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- INTEL CORP$78.6M +25.7%
- TAIWAN SEMICONDUCTOR MANUFAC$11.6M +41.3%
- MAKEMYTRIP LIMITED MAURITIUS$6.2M +42.9%
- QFIN HOLDINGS INC$5.4M +12.7%
Top Trims
- NETEASE COM INC-$280.1M -78.4%
- ALPHABET INC-$193.2M -23.0%
- PDD HOLDINGS INC-$156.5M -30.0%
- TRIP COM GROUP LTD-$129.2M -99.6%
- H WORLD GROUP LTD-$40.1M -74.9%
New Positions
- ASML HLDG NV$14.1M
- APPLIED OPTOELECTRONICS INC$7.9M
- VNET GROUP INC$5.2M
- APPLIED MATLS INC$1.8M
Exited Positions
- META PLATFORMS INC$309.9M
- AMAZON COM INC$209.2M
- NVIDIA CORPORATION$133.0M
- ALIBABA GROUP HLDG LTD$88.2M
- NEW ORIENTAL ED & TECHNOLOGY$75.2M
Greenwoods Asset Management Hong Kong Ltd. Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ALPHABET INC | GOOGL | 02079K305 | $647.0M | 29.60% | 1,810,357 | SH |
| 2 | INTEL CORP | INTC | 458140100 | $384.1M | 17.58% | 2,751,193 | SH |
| 3 | PDD HOLDINGS INC | PDD | 722304102 | $330.7M | 15.13% | 4,335,691 | SH |
| 4 | FULL TRUCK ALLIANCE CO LTD | YMM | 35969L108 | $297.2M | 13.60% | 36,596,907 | SH |
| 5 | FUTU HLDGS LTD | FUTU | 36118L106 | $89.6M | 4.10% | 955,968 | SH |
| 6 | NETEASE COM INC | NTES | 64110W102 | $77.0M | 3.52% | 600,631 | SH |
| 7 | ATOUR LIFESTYLE HLDGS LTD | ATAT | 04965M106 | $46.8M | 2.14% | 1,472,400 | SH |
| 8 | QFIN HOLDINGS INC | QFIN | 88557W101 | $43.3M | 1.98% | 2,739,274 | SH |
| 9 | APPLE INC | AAPL | 037833100 | $42.4M | 1.94% | 146,668 | SH |
| 10 | PDD HOLDINGS INC | PDD | 722304102 | $34.3M | 1.57% | 449,975 | SH |
| 11 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $30.8M | 1.41% | 64,531 | SH |
| 12 | FULL TRUCK ALLIANCE CO LTD | YMM | 35969L108 | $23.2M | 1.06% | 2,855,512 | SH |
| 13 | SEA LTD | SE | 81141R100 | $20.8M | 0.95% | 216,978 | SH |
| 14 | MAKEMYTRIP LIMITED MAURITIUS | MMYT | V5633W109 | $20.7M | 0.95% | 388,557 | SH |
| 15 | ASML HLDG NV | ASML | N07059210 | $14.1M | 0.64% | 7,070 | SH |
| 16 | H WORLD GROUP LTD | HTHT | 44332N106 | $13.4M | 0.61% | 321,572 | SH |
| 17 | FUTU HLDGS LTD | FUTU | 36118L106 | $12.9M | 0.59% | 137,666 | SH |
| 18 | WERIDE INC | WRD | 950915108 | $12.8M | 0.59% | 2,201,800 | SH |
| 19 | ATOUR LIFESTYLE HLDGS LTD | ATAT | 04965M106 | $10.0M | 0.46% | 316,000 | SH |
| 20 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $8.8M | 0.40% | 18,521 | SH |
| 21 | APPLIED OPTOELECTRONICS INC | AAOI | 03823U102 | $7.9M | 0.36% | 53,520 | SH |
| 22 | VNET GROUP INC | VNET | 90138A103 | $5.2M | 0.24% | 648,500 | SH |
| 23 | QFIN HOLDINGS INC | QFIN | 88557W101 | $4.6M | 0.21% | 292,164 | SH |
| 24 | SUPER HI INTL HLDG LTD | HDL | 86803S106 | $3.3M | 0.15% | 268,341 | SH |
| 25 | ATRENEW INC | RERE | 00138L108 | $2.0M | 0.09% | 525,000 | SH |
| 26 | APPLIED MATLS INC | AMAT | 038222105 | $1.8M | 0.08% | 2,520 | SH |
| 27 | TRIP COM GROUP LTD | TCOM | 89677Q107 | $478.1K | 0.02% | 12,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-07 | $2.19B | 27 | 0001848138-26-000011 |
| 2026-03-31 | 2026-05-08 | $3.88B | 35 | 0001848138-26-000008 |
| 2025-12-31 | 2026-02-06 | $4.04B | 38 | 0001848138-26-000006 |
JARDINE HOUSE, 1 CONNAUGHT PL., CENTRAL
HONG KONG 00000