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First Beijing Investment Ltd Top Holdings and 13F Report (2026)

About First Beijing Investment Ltd

Investment Activity

  • First Beijing Investment Ltd has $2.32 billion in total holdings as of March 31, 2026.
  • First Beijing Investment Ltd owns shares of 12 different stocks, but just 3 companies or ETFs make up 80% of its holdings.
  • Approximately 14.59% of the portfolio was purchased this quarter.
  • About 12.96% of the portfolio was sold this quarter.
  • This quarter, First Beijing Investment Ltd has purchased 8 new stocks and bought additional shares in 3 stocks.
  • First Beijing Investment Ltd sold shares of 4 stocks and completely divested from 1 stock this quarter.

Largest Holdings

PDD
$832,681,373
Full Truck Alliance
$747,007,429
RLX Technology
$132,285,276
Legend Biotech
$41,540,700

Largest New Holdings this Quarter

52490G102 - Legend Biotech
$41,540,700 Holding
81141R100 - SEA
$17,304,226 Holding
25445D101 - Dingdong (Cayman)
$2,174,097 Holding
98955N207 - ZHIHU INC
$1,564,976 Holding
06684L103 - Baozun
$1,061,944 Holding

Largest Purchases this Quarter

PDD
1,366,207 shares (about $139.60M)
Full Truck Alliance
13,384,327 shares (about $111.09M)
Legend Biotech
2,296,335 shares (about $41.54M)
KASPI KZ JSC
321,962 shares (about $23.85M)
SEA
208,963 shares (about $17.30M)

Largest Sales this Quarter

New Oriental Education & Technology Group
1,110,707 shares (about $62.90M)
RLX Technology
2,734,753 shares (about $6.02M)
Noah
256,539 shares (about $2.54M)
Agora
2,200 shares (about $7.79K)

Sector Allocation Over Time

Map of 500 Largest Holdings ofFirst Beijing Investment Ltd

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
PDD Holdings Inc. Sponsored ADR stock logo
PDD
PDD
$832,681,373$139,599,031 â–²20.1%8,149,16235.9%Retail/Wholesale
Full Truck Alliance Co. Ltd. Sponsored ADR stock logo
YMM
Full Truck Alliance
$747,007,429$111,089,914 â–²17.5%90,000,89532.2%Business Services
New Oriental Education & Technology Group, Inc. stock logo
EDU
New Oriental Education & Technology Group
$509,401,461$62,899,337 â–¼-11.0%8,995,25822.0%Consumer Discretionary
RLX Technology Inc. Sponsored ADR stock logo
RLX
RLX Technology
$132,285,276$6,016,457 â–¼-4.4%60,129,6715.7%Consumer Discretionary
Legend Biotech Corporation Sponsored ADR stock logo
LEGN
Legend Biotech
$41,540,700$41,540,700 â–²New Holding2,296,3351.8%Medical
KASPI KZ JSC
$32,172,305$23,847,726 â–²286.5%434,3501.4%SPONSORED ADS
Sea Limited Sponsored ADR stock logo
SE
SEA
$17,304,226$17,304,226 â–²New Holding208,9630.7%Computer and Technology
Dingdong (Cayman) Limited Sponsored ADR stock logo
DDL
Dingdong (Cayman)
$2,174,097$2,174,097 â–²New Holding845,9520.1%Retail/Wholesale
ZHIHU INC
$1,564,976$1,564,976 â–²New Holding551,0480.1%SPONSORED ADS
Noah Holdings Ltd. stock logo
NOAH
Noah
$1,346,281$2,539,736 â–¼-65.4%135,9880.1%Finance
Baozun Inc. stock logo
BZUN
Baozun
$1,061,944$1,061,944 â–²New Holding444,3280.0%Computer and Technology
Agora, Inc. Sponsored ADR stock logo
API
Agora
$27,258$7,788 â–¼-22.2%7,7000.0%Business Services
Atour Lifestyle Holdings Limited Sponsored ADR stock logo
ATAT
Atour Lifestyle
$0$228,957,498 â–¼-100.0%00.0%Consumer Discretionary

Showing largest 100 holdings. View all holdings.
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