# NetEase, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1110646. Source: https://holderbook.com/funds/1110646-netease-inc/

- Reported value: $765.4M
- Positions: 2
- Weight of the ten largest: 100.0%
- Filed: 2026-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $729.7M | 9,566,480 | 95.3% | 5 |
| YOUDAO INC | [DAO](https://holderbook.com/stocks/DAO/) | $35.6M | 2,898,293 | 4.7% | 17 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $765.4M | 2 |
| Q1 2026 | $934.5M | 2 |
| Q4 2025 | $432.4M | 2 |
| Q3 2025 | $498.7M | 2 |
| Q2 2025 | $397.0M | 2 |
| Q1 2025 | $22.1M | 1 |
| Q4 2024 | $21.4M | 1 |
| Q3 2024 | $77.3M | 2 |
| Q2 2024 | $173.1M | 2 |
| Q1 2024 | $244.0M | 2 |
| Q4 2023 | $151.4M | 2 |
| Q3 2023 | $152.0M | 2 |