Perseverance Asset Management International
Annual return '25
+15.4%
SPY '25
+17.7%
Alpha
-2.3ptsvs SPY
Invested
$909M
Holdings
21
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 99%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$PDD
PDD HOLDINGS INC
Q1 2026: Exited (was 2.05M shares)
24.3%
02
$HTHT
H WORLD GROUP LTD
Q1 2026: Exited (was 4.85M shares)
21.5%
03
$TSM
TAIWAN SEMICONDUCTOR MANUFAC
Q1 2026: Exited (was 18.7k shares)
16.6%
04
$BZ
KANZHUN LIMITED
Q1 2026: Exited (was 251.6k shares)
6.3%
05
$NVDA
NVIDIA CORPORATION
Q1 2026: New position (6.5k shares)
5.6%
06
$YUMC
YUM CHINA HLDGS INC
Q1 2026: Exited (was 714.0k shares)
3.8%
07
$TCOM
TRIP COM GROUP LTD
Q2 2025: Exited (was 580.6k shares)
3.7%
08
$GOOG
ALPHABET INC
Q1 2026: Sold 98.7% (300.0k → 4.0k shares)
3.2%
09
$BEKE
KE HLDGS INC
Q1 2026: Exited (was 226.8k shares)
2.3%
10
$FUTU
FUTU HLDGS LTD
Held since at least Q1 2024
2.3%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 12:10 UTC.