DOSSIER · 13F-HR · Q1 2026

Tiger Pacific Capital LP

$410M in tracked AUM across 10 positions as of Q1 2026.

TP
CIK 0001664492 · last filed Mar 31, 2026
Total AUM
$410M
as of Q1 2026
Holdings
10
positions
Whale Score
69
69
tracked
Activity
no data
changes this Q
AI Analysis · Q1 2026

Portfolio Overview

Tiger Pacific Capital LP’s 13F filing for the period ending September 30, 2025, reveals a portfolio in a state of significant transition and contraction. The total portfolio value decreased substantially by 26.3%, dropping from $301.26 million to $221.97 million. This reduction is attributed not only to market performance but also to a major strategic pivot, evidenced by the exit from three substantial positions totaling approximately $146 million in the previous quarter....

Key Holdings

The portfolio is heavily dominated by Sea Limited (SE), which remains the single largest holding despite a reduction in stake. SE represents 36.94% of the portfolio ($81.99M), though the fund reduced its exposure by 5.0% during the quarter. The second-largest position, NetEase (NTES), was a new addition this quarter, accounting for 13.06% ($28.99M), signaling a strong conviction in established Chinese gaming and internet services.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
SPY
STATE STR SPDR S&P 500 ETF T
$195M300K47.6%
02
TAL
TAL ED GROUP
$91M8.0M22.1%
03
CPNG
COUPANG INC
$36M1.9M8.8%
04
PDD
PDD HOLDINGS INC
$28M272K6.8%
05
NOAH
NOAH HLDGS LTD
$19M1.9M4.5%
06
QFIN
QFIN HOLDINGS INC
$12M955K3.0%
07
RERE
ATRENEW INC
$10M2.1M2.4%
08
MOMO
HELLO GROUP INC
$7M1.2M1.6%
09
VNET
VNET GROUP INC
$6M766K1.6%
10
V5633W109
MAKEMYTRIP LIMITED MAURITIUS
$6M166K1.5%

Filing history

2026Q1Mar 31
$410M 9.6%
10 positionsView →
2025Q4Dec 31
$374M 68.4%
10 positionsView →
2025Q3Sep 30
$222M 26.3%
9 positionsView →
2025Q2Jun 30
$301M 92.5%
8 positionsLocked
2025Q1Mar 31
$157M 58.1%
8 positionsLocked
2024Q4Dec 31
$374M 28.7%
14 positionsLocked
2024Q3Sep 30
$524M 40.3%
16 positionsLocked
2024Q2Jun 30
$374M 13.2%
13 positionsLocked
2024Q1Mar 31
$431M 8.3%
13 positionsLocked
2023Q4Dec 31
$470M 22.3%
15 positionsLocked
2023Q3Sep 30
$384M 4.7%
10 positionsLocked
2023Q2Jun 30
$367M 21.9%
11 positionsLocked
Showing 12 of 39