Pinpoint Asset Management Ltd — 13F holdings

Pinpoint Asset Management Ltd reported 88 holdings worth $576M in its 13F filing for Q1 2025, filed May 12, 2025.

Largest positions

1. YMM FULL TRUCK ALLIANCE CO LTD — $98.8M (17.1%)
2. PDD PDD HOLDINGS INC — $76.1M (13.2%)
3. IBIT ISHARES BITCOIN TRUST ETF — $69.4M (12.1%)
4. TSLA TESLA INC — $47.5M (8.2%)
5. BEKE KE HLDGS INC — $41.3M (7.2%)
6. TAL TAL EDUCATION GROUP — $32.9M (5.7%)
7. BABA ALIBABA GROUP HLDG LTD — $28.2M (4.9%)
8. CANADIAN SOLAR INC — $19.5M (3.4%)
9. GLD SPDR GOLD TR — $14.9M (2.6%)
10. ZTO EXPRESS CAYMAN INC — $11.9M (2.1%)