SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Maytree Asset Management Ltd

CIK 0001869683 · UNIT 710, L7, CORE D, CYBERPORT 3, 100 CYBERPORT ROAD, HONG KONG, K3, 0 · 852 3611 0877

Reported Value
$56M
Q1 2025
Positions
16
Filings on Record
18
2019–present window
Filed
May 6, 2025
original filing

Summary

Maytree Asset Management Ltd reported $56M in U.S.-listed holdings across 16 positions for Q1 2025.

The portfolio is heavily concentrated: PDD alone accounts for 59.6% of reported value.

Compared with Q4 2024, the fund opened 4 new positions and exited 2.

Portfolio Metrics

Turnover
+7.5%
vs prior filed quarter
Top-10 Concentration
+97.2%
share of reported value
Largest Position
+59.6%
Pdd
New / Exited
4 / 2
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 ’21: $76MQ4 ’21Q1 ’22: $91MQ2 ’22: $86MQ3 ’22: $135MQ3 ’22Q4 ’22: $52MQ1 ’23: $93MQ2 ’23: $99MQ2 ’23Q3 ’23: $78MQ4 ’23: $79MQ1 ’24: $53MQ1 ’24Q2 ’24: $95MQ3 ’24: $51MQ4 ’24: $44MQ4 ’24Q1 ’25: $56MQ2 ’25: $60MQ3 ’25: $111MQ3 ’25Q4 ’25: $135MQ1 ’26: $141Mfilingsflow.com

Portfolio Composition

By security type
ADR: 67.5%GLOBAL: 23.0%Common Stock: 9.0%Other: 0.5%ETP: 0.0%
  • ADR · 67.5% · $38M
  • GLOBAL · 23.0% · $13M
  • Common Stock · 9.0% · $5M
  • Other · 0.5% · $265,152
  • ETP · 0.0% · $2,412

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BABAALIBABA GROUP HLDG LTDNEW+14.5K14.5K+$2M$2M
GOOGLALPHABET INCNEW+3.8K3.8K+$587,632$587,632
NOWSERVICENOW INCNEW+500500+$398,070$398,070
AIC3 AI INCNEW+18.2K18.2K+$383,110$383,110
AMDADVANCED MICRO DEVICES INCSOLD OUT−9.1K0−$1M$0
MSFTMICROSOFT CORPSOLD OUT−2.3K0−$969,450$0
PROSHARES TR IITRIMMED−10.7K48−$481,463$2,412
PDDPDD HOLDINGS INCADDED+41.3K279.9K+$10M$33M

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

Holdings — Q1 2025

15 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PDDPDD HOLDINGS INCSPONSORED ADS · NOTE 12/082.65%$46M13.28M
2CLVTRIP COM GROUP LTDhistory →ADS3.66%$2M32.0K
3BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS3.44%$2M14.5K
4METAMETA PLATFORMS INChistory →CL A2.00%$1M1.9K
5MDBMONGODB INChistory →CL A1.46%$813,8564.6K
6ORCLORACLE CORPhistory →COM1.28%$713,0315.1K
7GOOGLALPHABET INChistory →CAP STK CL A1.06%$587,6323.8K
8UUNITY SOFTWARE INCCOM0.85%$470,41524.0K
9BEKEKE HLDGS INCSPONSORED ADS0.81%$452,50722.5K
10NOWSERVICENOW INCCOM0.72%$398,070500
11AIC3 AI INCCL A0.69%$383,11018.2K
12BASECOUCHBASE INCCOM0.68%$379,57524.1K
13MAXEON SOLAR TECHNOLOGIES LTSHS NEW0.48%$265,15289.9K
14RBOTVICARIOUS SURGICAL INCCOM CL A NEW0.21%$116,95217.8K
15PROSHARES TR IIVIX SHT TERM FUT0.00%$2,41248

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$141M20May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$135M17Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$111M11Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$60M12Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$56M16May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$44M14Feb 3, 202513F-HRchanges · EDGAR ↗
Q3 2024$51M9Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$95M26Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$53M18May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$79M36Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$78M11Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$99M15Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$93M14May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$52M8Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$135M20Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$86M16Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$91M14May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$76M17Feb 14, 202213F-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 ↗.