Pinpoint Asset Management Ltd
Reported holdings as of Q1 2025, from 22 quarterly filings.
This filer last reported in Q1 2025; the most recent quarter on file across all filers is Q2 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| FULL TRUCK ALLIANCE CO LTD | YMM | $98.8M | 7,735,913 | +5.09pp | 13q | +23.0%+$18.5M | |
| PDD HOLDINGS INC | PDD | $76.1M | 610,585 | +4.71pp | 13q | +28.9%+$17.1M | |
| ISHARES BITCOIN TRUST ETF | IBIT | $69.4M | 1,483,578 | -1.90pp | 5q | HELD | |
| TESLA INC | TSLA | $47.5M | 183,110 | -0.95pp | 7q | +42.7%+$14.2M | |
| KE HLDGS INC | BEKE | $41.3M | 2,055,195 | +5.13pp | 7q | +246.1%+$29.4M | |
| TAL ED GROUP | TAL | $32.9M | 2,491,129 | +1.97pp | 5q | +18.3%+$5.1M | |
| ALIBABA GROUP HLDG LTD | BABA | $28.2M | 213,115 | - | new | NEW | |
| CANADIAN SOLAR INC | $19.5M | 20,000,000 | - | new | DEBT | ||
| SPDR GOLD TR | GLD | $14.9M | 51,590 | - | new | NEW | |
| ZTO EXPRESS CAYMAN INC | $11.9M | 11,830,000 | -0.45pp | 2q | DEBT | ||
| ICICI BANK LIMITED | IBN | $11.3M | 357,350 | +1.01pp | 6q | +99.4%+$5.6M | |
| HDFC BANK LTD | HDB | $11.2M | 168,667 | +0.56pp | 5q | +37.7%+$3.1M | |
| H WORLD GROUP LTD | $11.2M | 10,000,000 | +0.05pp | 2q | DEBT | ||
| PDD HOLDINGS INC | $9.5M | 9,500,000 | +0.02pp | 2q | DEBT | ||
| WEIBO CORP | $9.2M | 8,400,000 | - | new | DEBT | ||
| VNET GROUP INC | VNET | $5.9M | 724,348 | - | new | NEW | |
| LUMENTUM HLDGS INC | $5.3M | 5,750,000 | - | new | DEBT | ||
| DR REDDYS LABS LTD | RDY | $5.0M | 380,625 | -0.46pp | 3q | -20.2%-$1.3M | |
| DOCUSIGN INC | DOCU | $4.6M | 56,985 | +0.22pp | 2q | +54.3%+$1.6M | |
| COINBASE GLOBAL INC | $4.6M | 5,000,000 | - | new | DEBT | ||
| COINBASE GLOBAL INC | $4.4M | 4,500,000 | - | new | DEBT | ||
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $4.3M | 1,647 | -2.75pp | 4q | -98.3%-$253.2M | |
| LI AUTO INC | LI | $3.6M | 98,418 | +0.03pp | 6q | -25.2%-$1.2M | |
| CHINA YUCHAI INTL LTD | CYD | $3.4M | 199,056 | - | new | NEW | |
| BOSTON SCIENTIFIC CORP | BSX | $3.3M | 33,170 | -0.35pp | 5q | -43.6%-$2.6M | |
| AMER SPORTS INC | AS | $3.1M | 114,940 | -1.73pp | 5q | -74.8%-$9.1M | |
| APPLE INC | AAPL | $3.0M | 13,500 | -0.16pp | 4q | -12.4%-$425.8K | |
| ACM RESH INC | ACMR | $2.9M | 122,428 | +0.21pp | 5q | +14.4%+$359.0K | |
| SANDISK CORP | SNDK | $2.6M | 55,175 | - | new | NEW | |
| TERADYNE INC | TER | $2.3M | 27,330 | -0.45pp | 2q | -27.1%-$839.5K | |
| TOTALENERGIES SE | TTE | $2.0M | 30,885 | +0.05pp | 5q | HELD | |
| VERTEX PHARMACEUTICALS INC | VRTX | $1.7M | 3,532 | -0.24pp | 5q | -52.7%-$1.9M | |
| META PLATFORMS INC | META | $1.6M | 2,733 | - | new | NEW | |
| ANALOG DEVICES INC | ADI | $1.5M | 7,200 | - | new | NEW | |
| HESAI GROUP | HSAI | $1.4M | 97,493 | +0.25pp | 9q | +22312.2%+$1.4M | |
| INTEL CORP | INTC | $1.4M | 58,740 | - | new | NEW | |
| LAM RESEARCH CORP | LRCX | $1.3M | 18,084 | - | new | NEW | |
| ATOUR LIFESTYLE HLDGS LTD | ATAT | $1.3M | 30,280 | - | new | NEW | |
| CELESTICA INC | CLS | $1.3M | 15,946 | +0.21pp | 4q | +4482.2%+$1.2M | |
| FUTU HLDGS LTD | FUTU | $1.1M | 11,133 | -1.98pp | 7q | -92.7%-$14.6M | |
| NOVO-NORDISK A S | NVO | $1.1M | 2,692 | +0.05pp | 5q | -70.9%-$2.7M | |
| KT CORP | KT | $910.6K | 51,420 | +0.02pp | 2q | HELD | |
| GAOTU TECHEDU INC | GOTU | $891.5K | 274,310 | - | new | NEW | |
| GAMESTOP CORP | GME | $708.7K | 31,754 | -0.05pp | 3q | HELD | |
| SIGMA LITHIUM CORPORATION | SGML | $686.7K | 66,029 | -0.01pp | 2q | HELD | |
| ERO COPPER CORP | ERO | $630.3K | 52,004 | -0.07pp | 5q | -30.0%-$270.5K | |
| NOAH HLDGS LTD | NOAH | $604.1K | 63,929 | -0.52pp | 7q | -78.8%-$2.2M | |
| VIKING HOLDINGS LTD | VIK | $596.0K | 14,993 | - | new | NEW | |
| CLEVELAND-CLIFFS INC NEW | CLF | $571.1K | 69,483 | +0.09pp | 2q | +2553.0%+$549.6K | |
| SOUTHERN COPPER CORP | SCCO | $563.8K | 6,032 | - | new | NEW | |
| CAPRI HOLDINGS LIMITED | CPRI | $530.4K | 26,881 | - | new | NEW | |
| MELCO RESORTS AND ENTMNT LTD | MLCO | $504.6K | 95,758 | -0.02pp | 5q | +6.4%+$30.6K | |
| FREEPORT-MCMORAN INC | FCX | $486.4K | 12,846 | +0.07pp | 2q | +355.7%+$379.6K | |
| BIRKENSTOCK HOLDING PLC | BIRK | $302.1K | 6,589 | - | new | NEW | |
| GAP INC | GAP | $298.4K | 14,478 | - | new | NEW | |
| SHARKNINJA INC | SN | $284.7K | 3,413 | -0.25pp | 4q | -80.1%-$1.1M | |
| SUPER HI INTL HLDG LTD | HDL | $186.1K | 8,030 | -0.01pp | 4q | HELD | |
| RLX TECHNOLOGY INC | RLX | $93.7K | 49,850 | -0.05pp | 6q | -72.0%-$240.9K | |
| INSTIL BIO INC | TIL | $88.4K | 5,094 | - | new | NEW | |
| HELLO GROUP INC | $81.1K | 80,000 | flat | 2q | DEBT | ||
| SEA LTD | $81.0K | 55,000 | flat | 2q | DEBT | ||
| DELL TECHNOLOGIES INC | DELL | $76.1K | 835 | +0.01pp | 2q | +83400.0%+$76.0K | |
| GE VERNOVA INC | GEV | $33.3K | 109 | flat | 2q | +19.8%+$5.5K | |
| HOWMET AEROSPACE INC | HWM | $30.7K | 237 | flat | 2q | +42.8%+$9.2K | |
| PHILLIPS 66 | PSX | $29.4K | 238 | - | new | NEW | |
| YATSEN HLDG LTD | YSG | $23.3K | 4,834 | - | new | NEW | |
| SEAGATE TECHNOLOGY HLDNGS PL | STX | $22.8K | 268 | - | new | NEW | |
| GDS HLDGS LTD | GDS | $20.2K | 96 | - | new | NEW | |
| CENTURY ALUM CO | CENX | $19.0K | 1,026 | - | new | NEW | |
| NUCOR CORP | NUE | $18.3K | 152 | - | new | NEW | |
| FREEPORT-MCMORAN INC OPT | FCX | $16.0K | options only | flat | 3q | OPTIONS | |
| GE AEROSPACE | GE | $15.2K | 76 | - | new | NEW | |
| BOEING CO | BA | $14.7K | 86 | flat | 2q | -21.1%-$3.9K | |
| ALPHA & OMEGA SEMICONDUCTOR | AOSL | $13.2K | 529 | -0.08pp | 2q | -95.9%-$309.0K | |
| CREDO TECHNOLOGY GROUP HOLDI | CRDO | $10.8K | 269 | -0.04pp | 2q | -92.6%-$134.8K | |
| QORVO INC | QRVO | $5.7K | 79 | flat | 2q | HELD | |
| APPLIED OPTOELECTRONICS INC | AAOI | $5.4K | 354 | -0.01pp | 3q | -77.3%-$18.5K | |
| BOEING CO OPT | BA | $2.0K | options only | flat | 2q | OPTIONS | |
| QUALCOMM INC | QCOM | $154 | 1 | - | new | NEW | |
| APPLIED MATLS INC | AMAT | $145 | 1 | - | new | NEW | |
| MACOM TECH SOLUTIONS HLDGS I | MTSI | $100 | 1 | flat | 5q | HELD | |
| RAMBUS INC DEL | RMBS | $52 | 1 | flat | 3q | HELD | |
| WESTERN DIGITAL CORP | WDC | $40 | 1 | - | new | NEW | |
| KULICKE & SOFFA INDS INC | KLIC | $33 | 1 | flat | 3q | HELD | |
| NAVITAS SEMICONDUCTOR CORP | NVTS | $23 | 11 | flat | 2q | -97.4% | |
| IONQ INC | IONQ | $22 | 1 | flat | 2q | HELD | |
| HIMAX TECHNOLOGIES INC | HIMX | $7 | 1 | - | new | NEW | |
| AXT INC | AXTI | $1 | 1 | flat | 3q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Business Services | $139.8M | 24.4% |
| Software & IT Services | $111.0M | 19.4% |
| Capital Markets | $86.1M | 15.0% |
| Autos & Aerospace | $51.0M | 8.9% |
| Real Estate | $41.3M | 7.2% |
| Banks & Lending | $22.5M | 3.9% |
| Industrials | $9.0M | 1.6% |
| Other sectors | $35.5M | 6.2% |
| Not classified | $75.8M | 13.3% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q1 2025 | $576.2M | 88 | 33 | 17 | 20 | 39 | 76.4% | 42 |
| Q4 2024 | $564.2M | 94 | 36 | 21 | 24 | 32 | 72.5% | 44 |
| Q3 2024 | $466.0M | 90 | 34 | 22 | 29 | 49 | 78.2% | 45 |
| Q2 2024 | $709.7M | 105 | 34 | 35 | 24 | 35 | 70.2% | 45 |
| Q1 2024 | $623.0M | 106 | 55 | 23 | 17 | 22 | 66.5% | 44 |
| Q4 2023 | $451.9M | 73 | 31 | 13 | 14 | 17 | 79.1% | 45 |
| Q3 2023 | $427.1M | 59 | 26 | 18 | 10 | 17 | 75.9% | 45 |
| Q2 2023 | $178.8M | 50 | 19 | 13 | 14 | 42 | 96.0% | 45 |
| Q1 2023 | $373.4M | 73 | 43 | 11 | 15 | 7 | 70.7% | 46 |
| Q4 2022 | $416.1M | 37 | 13 | 10 | 6 | 10 | 72.9% | 45 |
| Q3 2022 | $301.8M | 34 | 9 | 9 | 7 | 7 | 80.7% | 45 |
| Q2 2022 | $251.6M | 32 | 8 | 6 | 7 | 5 | 73.0% | 43 |
| Q1 2022 | $241.4M | 29 | 10 | 12 | 6 | 9 | 73.6% | 46 |
| Q4 2021 | $109.5M | 28 | 8 | 6 | 10 | 8 | 69.1% | 42 |
| Q3 2021 | $271.9M | 28 | 11 | 9 | 7 | 16 | 79.1% | 46 |
| Q2 2021 | $410.5M | 33 | 12 | 10 | 8 | 13 | 82.4% | 44 |
| Q1 2021 | $393.8M | 34 | 17 | 5 | 11 | 12 | 82.4% | 43 |
| Q4 2020 | $470.3M | 29 | 9 | 7 | 13 | 19 | 88.6% | 47 |
| Q3 2020 | $419.5M | 39 | 14 | 11 | 14 | 12 | 74.1% | 43 |
| Q2 2020 | $345.9M | 37 | 19 | 9 | 9 | 20 | 80.1% | 44 |
| Q1 2020 | $330.9M | 38 | 24 | 10 | 4 | 9 | 79.4% | 43 |
| Q4 2019 | $416.2M | 23 | 0 | 0 | 0 | 0 | 94.8% | 44 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.