SEC 13F Intelligence

Managers / Q3 2025 · view latest →

First Beijing Investment Ltd

CIK 0001701717 · 16TH FLOOR, ON BUILDING, 162 QUEENS ROAD, CENTRAL, HONG KONG, 999077 · 852 46314908

Reported Value
$2.6B
Q3 2025
Positions
8
Filings on Record
13
2019–present window
Filed
Nov 14, 2025
original filing

Summary

First Beijing Investment Ltd reported $2.6B in U.S.-listed holdings across 8 positions for Q3 2025.

The portfolio is heavily concentrated: YMM alone accounts for 34.4% of reported value.

Compared with Q2 2025, the fund opened 0 new positions and exited 1.

Reported Value by Quarter

13F Reported Value
Q2 ’23: $331MQ2 ’23Q3 ’23: $519MQ4 ’23: $604MQ4 ’23Q1 ’24: $519MQ2 ’24: $924MQ2 ’24Q3 ’24: $1.4BQ4 ’24: $1.4BQ4 ’24Q1 ’25: $1.5BQ2 ’25: $1.8BQ2 ’25Q3 ’25: $2.6BQ4 ’25: $2.5BQ4 ’25Q1 ’26: $2.3Bfilingsflow.com

Portfolio Composition

By security type
ADR: 99.7%Common Stock: 0.3%
  • ADR · 99.7% · $2.6B
  • Common Stock · 0.3% · $8M

Quarter-over-Quarter Changes full breakdown →

Holdings — Q3 2025

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#IssuerClass% PortfolioValueShares

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.3B12May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.5B8Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.6B8Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.8B9Aug 15, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.5B8May 19, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.4B12Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.4B13Oct 31, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$924M9Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$519M7May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$604M26Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$519M11Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$331M8Aug 17, 202313F-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 ↗.