Managers / Q2 2025 · view latest →

TMT General Partner Ltd

CIK 0001847582 · SUITE 905-6, 9TH FLOOR ICBC TOWER, THREE GARDEN ROAD, HONG KONG, K3, 00000 · 852-2989-1120

Reported Value

$309M

Q2 2025

Positions

Filings on Record

2019–present window

Filed

Aug 4, 2025

original filing

Summary

Tmt General Partner Ltd reported $309M in U.S.-listed holdings across 3 positions for Q2 2025.

The portfolio is heavily concentrated: XPEV alone accounts for 73.8% of reported value.

Compared with Q1 2025, the fund opened 1 new position and exited 0.

Portfolio Metrics

Turnover

+21.8%

vs prior filed quarter

Largest Position

+73.8%

Xpeng

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

Portfolio Composition

By security type

ADR · 100.0% · $309M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
PONY PONY AI INC	NEW	+5.45M	5.45M	+$72M	$72M
XPEV XPENG INC	TRIMMED	−7.19M	25.53M	−$111M	$228M
API AGORA INC	TRIMMED	−1.44M	9.41M	−$2M	$9M

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

Holdings — Q2 2025

3 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	XPEV XPENG INC history →	ADS	73.84%	$228M	25.53M
2	PONY PONY AI INC history →	SPONSORED ADS	23.26%	$72M	5.45M
3	API AGORA INC history →	ADS	2.90%	$9M	9.41M

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$250M	3	May 8, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$246M	3	Jan 30, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$378M	3	Oct 30, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$309M	3	Aug 4, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$350M	2	Apr 10, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$219M	2	Jan 16, 2025	13F-HR	changes · 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 ↗.