DOSSIER · 13F-HR · Q4 2025

HSG Holding Ltd

HSG Holding's hedge fund based in Boston, MA $1.9B in tracked AUM across 25 positions as of Q4 2025.

HH
HSG Holding·Boston, MA·Hedge Fund
CIK 0001470766 · last filed Dec 31, 2025
Total AUM
$1.9B
1.4%
vs prior
Holdings
25
positions
Whale Score
74
74
strong
Activity
no data
changes this Q
Top sector
Financials
11% weight
concentration
AI Analysis · Q4 2025 · Q4 2025

Portfolio Overview

HSG Holding Ltd’s 13F filing for the period ending September 30, 2025, reveals a dramatic contraction in portfolio size and a significant shift in capital allocation. The total portfolio value plummeted by 80.8%, decreasing from approximately $1.94 billion in the previous quarter to $373.41 million. This reduction was driven not only by market movements but by a substantial divestment strategy, evidenced by the exit from six major positions. The fund currently...

Quarter at a glance — Q4 2025

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q4 2025.

#HoldingValueSharesWeight
01
PDD
PDD HOLDINGS INC
$1.2B11.3M63.6%
02
BZ
KANZHUN LIMITED
$141M1.9M7.4%
03
FUTU
FUTU HLDGS LTD
$120M740K6.3%
04
732308108
PONY AI INC
$109M7.5M5.8%
05
BEKE
KE HLDGS INC
$91M1.9M4.8%
06
G9572D103
WEBULL CORP
$55M7.1M2.9%
07
BRNS
BARINTHUS BIOTHERAPEUTICS PL
$42M1.4M2.2%
08
DDL
DINGDONG CAYMAN LTD
$29M10.1M1.5%
09
86366e110
STRUCTURE THERAPEUTICS INC
$24M266K1.3%
10
CRCL
CIRCLE INTERNET GROUP INC
$23M312K1.2%

Filing history

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