SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Krane Funds Advisors LLC

CIK 0001536592 · 280 PARK AVENUE, 32ND FLOOR, NEW YORK, NY, 10017 · 212-933-0393

Reported Value
$2M
Q3 2023
Positions
104
Filings on Record
32
2019–present window
Filed
Nov 13, 2023
original filing

Summary

Krane Funds Advisors LLC reported $2M in U.S.-listed holdings across 104 positions for Q3 2023.

The portfolio is heavily concentrated: PDD alone accounts for 23.5% of reported value.

Compared with Q2 2023, the fund opened 25 new positions and exited 19.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+85.3%
share of reported value
Largest Position
+23.5%
Pdd US
New / Exited
25 / 19
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.7BQ4 ’18Q3 ’19: $1.3BQ4 ’19: $1.5BQ1 ’20: $1.8BQ2 ’20: $1.7BQ2 ’20Q3 ’20: $2.2BQ4 ’20: $2.5BQ1 ’21: $2.7BQ2 ’21: $3.3BQ2 ’21Q3 ’21: $4.8BQ4 ’21: $4.0BQ1 ’22: $2.4BQ2 ’22: $2.8BQ2 ’22Q3 ’22: $1.9BQ1 ’23: $2MQ2 ’23: $2MQ3 ’23: $2MQ3 ’23Q1 ’24: $2.4BQ2 ’24: $2.4BQ3 ’24: $2.8BQ4 ’24: $2.4BQ4 ’24Q1 ’25: $3.5BQ2 ’25: $2.5BQ3 ’25: $3.5BQ4 ’25: $3.1BQ4 ’25Q1 ’26: $2.4Bfilingsflow.com

Portfolio Composition

By security type
ADR: 88.3%ETP: 4.7%Other: 4.4%Common Stock: 2.6%REIT: 0.1%
  • ADR · 88.3% · $2M
  • ETP · 4.7% · $114,457
  • Other · 4.4% · $107,173
  • Common Stock · 2.6% · $62,555
  • REIT · 0.1% · $1,942

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KRANESHARES TRNEW+136.6K136.6K+$2,673$2,673
MPMP USNEW+95.5K95.5K+$1,825$1,825
KRANESHARES TRNEW+68.9K68.9K+$1,767$1,767
NKLA USNEW+390.7K390.7K+$613$613
CVSCVS USNEW+8.4K8.4K+$588$588
AMTAMT USNEW+3.1K3.1K+$505$505
CMICMI USNEW+2.2K2.2K+$497$497
KMBKMB USNEW+4.1K4.1K+$495$495

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PDDPDD UShistory →PDD HOLDINGS INC23.49%$572,4915.84M
2YMMYMM UShistory →FULL TRUCK A-ADR10.28%$250,52135.59M
3BEKEBEKE UShistory →KE HOLDINGS -ADR9.36%$227,98614.69M
4BZ USKANZHUN LTD9.13%$222,60614.67M
5VIPSVIPS UShistory →VIPSHOP HOLD-ADR8.58%$209,12813.06M
6TALTAL UShistory →TAL EDUCATIO-ADR6.64%$161,89717.77M
7TME USTENCENT MUSI-ADR6.12%$149,20123.39M
8KRANESHARES TRCSI CHI INTERNET · MSCI ALL CHINA · MSCI EMG EX CH4.78%$116,5204.30M
9IQIQ UShistory →IQIYI INC-ADR3.64%$88,76818.73M
10QFINQFIN UShistory →QIFU TECHNOLOGY3.47%$84,6405.51M
11ATHMATHM UShistory →AUTOHOME INC-ADR3.15%$76,8132.53M
12CD USCHINDATA GRP-ADR2.54%$61,9627.47M
13JOYYYY UShistory →JOYY INC-ADR2.18%$53,0941.39M
14WBWB UShistory →WEIBO CORP-ADR1.64%$39,9903.19M
15LU USLUFAX HOLDIN-ADR1.35%$32,88231.02M
16NIONIO USNIO INC - ADR0.40%$9,8241.09M
17TSLATSLA USTESLA INC0.32%$7,68030.7K
18APTV USAPTIV PLC0.28%$6,94370.4K
19ALBALB USALBEMARLE CORP0.26%$6,36937.5K
20RIVNRIVN USRIVIAN AUTOMOT-A0.22%$5,270217.0K
21CCIVGBPLCID USLUCID GROUP INC0.12%$2,951527.9K
22PLUNPLUG USPLUG POWER INC0.12%$2,863376.8K
23LTHM1EURLTHM USLIVENT CORP0.09%$2,217120.5K
24AAPLAAPL USAPPLE INC0.08%$2,01711.8K
25MPMP USMP MATERIALS COR0.07%$1,82595.5K
26FF USFORD MOTOR CO0.07%$1,811145.8K
27MSFTMSFT USMICROSOFT CORP0.06%$1,3774.4K
28SEDGSEDG USSOLAREDGE TECHNO0.06%$1,35410.5K
29LEGNLEGN USLEGEND BIOT-ADR0.06%$1,34320.0K
30CHPT USCHARGEPOINT HOLD0.04%$1,054212.0K
31SPAQUSDFSR USFISKER INC0.04%$881137.3K
32JPMJPM USJPMORGAN CHASE0.04%$8535.9K
33KCKC USKINGSOFT CLO-ADR0.03%$844171.2K
34INFYINFY USINFOSYS LTD-ADR0.03%$66038.6K
35CSCOCSCO USCISCO SYSTEMS0.03%$64712.0K
36HDHD USHOME DEPOT INC0.03%$6432.1K
37CMCSACMCSA USCOMCAST CORP-A0.03%$64014.4K
38PFEPFE USPFIZER INC0.03%$63319.1K
39AMGNAMGN USAMGEN INC0.03%$6202.3K
40NKLA USNIKOLA CORP0.03%$613390.7K
41TXNTXN USTEXAS INSTRUMENT0.02%$5903.7K
42CVSCVS USCVS HEALTH CORP0.02%$5888.4K
43UNPUNP USUNION PAC CORP0.02%$5762.8K
44GSGS USGOLDMAN SACHS GP0.02%$5731.8K
45BMYBMY USBRISTOL-MYER SQB0.02%$5649.7K
46CMECME USCME GROUP INC0.02%$5302.6K
47TUYATUYA USTUYA INC0.02%$529341.1K
48MOMO USALTRIA GROUP INC0.02%$52612.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.4B173May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.1B159Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$3.5B137Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.5B138Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.5B119Apr 28, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.4B113Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.8B96Oct 21, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$2.4B92Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.4B90Apr 16, 202413F-HRchanges · EDGAR ↗
Q4 2023under review102Feb 26, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$2M104Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$2M98Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$2M105May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022under review109Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.9B120Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.8B284Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.4B313May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.0B306Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.8B300Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.3B294Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.7B290May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.5B298Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.2B231Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.7B242Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.8B221May 12, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.5B222Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.3B219Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019under review217Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019under review81May 6, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.7B84Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.