Managers / Q3 2024 · view latest →
Infini Capital Management Ltd
CIK 0001936249 · 27TH FLOOR, EAST TOWER, CHEUNG KONG CENTER II, 10 HARCOURT ROAD, CENTRAL, 00000 · 852 3792 0823
Summary
Infini Capital Management Ltd reported $116M in U.S.-listed holdings across 8 positions for Q3 2024.
The portfolio is heavily concentrated: JD alone accounts for 33.2% of reported value.
Compared with Q3 2023, the fund opened 7 new positions and exited 4.
Portfolio Metrics
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ADR · 78.8% · $92M
- Common Stock · 20.5% · $24M
- Other · 0.6% · $715,832
Quarter-over-Quarter Changes full breakdown →
vs Q3 2023 (amended baseline) · note: prior filed quarter, not the immediately preceding one
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| JDJD.Com Inc | NEW | +965.8K | 965.8K | +$39M | $39M |
| VNETVNET Group Inc | NEW | +7.01M | 7.01M | +$29M | $29M |
| BABAAlibaba Group Hldg Ltd | NEW | +198.1K | 198.1K | +$21M | $21M |
| PLTKPlaytika Hldg Corp | NEW | +1.40M | 1.40M | +$11M | $11M |
| TCOMTrip com Group Ltd | NEW | +36.9K | 36.9K | +$2M | $2M |
| BIDUBaidu Inc | NEW | +11.2K | 11.2K | +$1M | $1M |
| Canoo Inc | NEW | +727.8K | 727.8K | +$715,832 | $715,832 |
| CANOO INC | SOLD OUT | −16.74M | 0 | −$8M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | JDJD.Com Inchistory → | SPON ADS CL A | 33.24% | $39M | 965.8K |
| 2 | VNETVNET Group Inchistory → | SPONSORED ADS A | 24.61% | $29M | 7.01M |
| 3 | BABAAlibaba Group Hldg Ltdhistory → | SPONSORED ADS | 18.08% | $21M | 198.1K |
| 4 | NCNOnCino Inchistory → | COM | 10.98% | $13M | 403.9K |
| 5 | PLTKPlaytika Hldg Corphistory → | COM | 9.56% | $11M | 1.40M |
| 6 | TCOMTrip com Group Ltdhistory → | ADS | 1.89% | $2M | 36.9K |
| 7 | BIDUBaidu Inchistory → | SPON ADR REP A | 1.01% | $1M | 11.2K |
| 8 | Canoo Inc | CL A COM NEW | 0.62% | $715,832 | 727.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $0 | 1 | May 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $12M | 2 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $102M | 11 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $152M | 20 | Aug 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $100M | 14 | Apr 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $79M | 6 | Feb 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $116M | 8 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $21M | 5 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $21M | 6 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $25M | 3 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $39M | 23 | Nov 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $74M | 26 | Aug 18, 2022 | 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 ↗.