Alpine Investment Management Ltd — 13F Holdings & Portfolio
CIK 1964631 · latest 13F-HR filed 2026-05-15
Alpine Investment Management Ltd manages $400.8M in 13F-reported U.S. long-equity assets across 13 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are YMM (22.88%), PDD (19.12%), BABAF (16.43%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 1, added to 3, and trimmed 3.
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.
$400.8M
Long-equity book
13
Distinct positions
2026-03-31
Filed 2026-05-15
+4 / −1 / ↑3 / ↓3
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ALIBABA GROUP HLDG LTD$45.3M +222.7%
- FULL TRUCK ALLIANCE CO LTD$11.8M +14.8%
- LUFAX HOLDING LTD$2.4M +11.8%
Top Trims
- JOYY INC-$28.3M -88.1%
- NVIDIA CORPORATION-$27.3M -88.4%
- PDD HOLDINGS INC-$25.1M -72.2%
New Positions
- META PLATFORMS INC$3.7M
- MICRON TECHNOLOGY INC$2.6M
- HELLO GROUP INC$1.3M
- LUMENTUM HLDGS INC$667.6K
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 | FULL TRUCK ALLIANCE CO LTD | YMM | 35969L108 | $91.7M | 22.88% | 11,050,000 | SH |
| 2 | PDD HOLDINGS INC Call | PDD | 722304902 | $76.6M | 19.12% | 7,500 | SH |
| 3 | ALIBABA GROUP HLDG LTD Put | BABAF | 01609W952 | $65.9M | 16.43% | 5,250 | SH |
| 4 | ALIBABA GROUP HLDG LTD | BABA | 01609W102 | $65.6M | 16.38% | 523,270 | SH |
| 5 | SANDISK CORP Put | — | 80004C950 | $52.4M | 13.08% | 825 | SH |
| 6 | LUFAX HOLDING LTD | LU | 54975P201 | $23.2M | 5.79% | 12,404,000 | SH |
| 7 | PDD HOLDINGS INC | PDD | 722304102 | $9.6M | 2.40% | 94,336 | SH |
| 8 | JOYY INC | JOYY | 46591M109 | $3.8M | 0.95% | 65,547 | SH |
| 9 | META PLATFORMS INC | META | 30303M102 | $3.7M | 0.92% | 6,420 | SH |
| 10 | NVIDIA CORPORATION | NVDA | 67066G104 | $3.6M | 0.89% | 20,500 | SH |
| 11 | MICRON TECHNOLOGY INC | MU | 595112103 | $2.6M | 0.65% | 7,700 | SH |
| 12 | HELLO GROUP INC | MOMO | 423403104 | $1.3M | 0.34% | 233,234 | SH |
| 13 | LUMENTUM HLDGS INC | LITE | 55024U109 | $667.6K | 0.17% | 950 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $400.8M | 13 | 0001964631-26-000003 |
| 2025-12-31 | 2026-02-13 | $384.4M | 10 | 0001964631-26-000002 |
| 2025-09-30 | 2025-11-13 | $295.4M | 5 | 0001964631-25-000008 |