Skip to content
Disclosery

HSG Holding Ltd

Follow

13F filer, CIK 1470766, NA, Hong Kong

HSG Holding Ltd reported holdings worth $1,892,223,492 (the sum of its rows) across 19 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-13. The total stated on the cover page is $901,953,970. Its ten largest share positions make up 97.11% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001193125-26-051708

Changes against Q3 2025 are not shown: its report omitted holdings under a confidential treatment request (19 positions on file), so every position would read as new.

The cover page states a total of $901,953,970, 52% less than the sum of the rows, $1,892,223,492. This page uses the sum of the rows.

Period
2025-12-31
Value, sum of rows
$1.89B
Stated on the cover page
$902M
Holdings
19
Top 10 weight
97.11%
New
Sold out

Part of the filer group HSG Holding Ltd

How groups are built

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001193125-26-051708, largest first. % of portfolio is the value over $1,892,223,492, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
PDDPDD HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 15,444,770 shares; 2024Q4: 13,595,995 shares; 2025Q1: 13,595,995 shares; 2025Q2: 13,595,995 shares; 2025Q3: 11,348,426 shares; 2025Q4: 11,348,426 shares 11,348,426$1.2B63.61%Timeline
BZKANZHUN LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,544,856 shares; 2024Q4: 7,358,396 shares; 2025Q1: 1,900,000 shares; 2025Q2: 1,900,000 shares; 2025Q3: 1,900,000 shares; 2025Q4: 1,900,000 shares 1,900,000$141M7.44%Timeline
FUTUFUTU HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,057,644 shares; 2024Q4: 1,057,644 shares; 2025Q1: 1,057,644 shares; 2025Q2: 1,057,644 shares; 2025Q3: 740,352 shares; 2025Q4: 740,352 shares 740,352$120M6.34%Timeline
PONY AI INCPONY AI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 7,538,358 shares 7,538,358$109M5.78%
BEKEKE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,908,525 shares; 2024Q4: 1,939,017 shares; 2025Q1: 1,939,017 shares; 2025Q2: 1,939,017 shares; 2025Q3: 1,939,017 shares; 2025Q4: 1,939,017 shares 1,939,017$90.6M4.79%Timeline
BULLWEBULL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 9,457,280 shares; 2025Q3: 9,553,639 shares; 2025Q4: 7,053,639 shares 7,053,639$55.2M2.92%Timeline
BRNSBARINTHUS BIOTHERAPEUTICS PLQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,420,473 shares; 2024Q4: 1,420,473 shares; 2025Q1: 1,420,473 shares; 2025Q2: 1,420,473 shares; 2025Q3: 1,420,473 shares; 2025Q4: 1,420,473 shares 1,420,473$42.2M2.23%Timeline
DDLDINGDONG CAYMAN LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,141,166 shares; 2024Q4: 11,141,166 shares; 2025Q1: 11,141,166 shares; 2025Q2: 11,141,166 shares; 2025Q3: 11,141,166 shares; 2025Q4: 10,091,839 shares 10,091,839$28.7M1.52%Timeline
GPCRSTRUCTURE THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 266,062 shares; 2024Q4: 266,062 shares; 2025Q1: 266,062 shares; 2025Q2: 266,062 shares; 2025Q3: 266,062 shares; 2025Q4: 266,062 shares 266,062$24.4M1.29%Timeline
CRCLCIRCLE INTERNET GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 312,200 shares 312,200$22.7M1.2%Timeline
AVBPARRIVENT BIOPHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 663,308 shares; 2024Q4: 663,308 shares; 2025Q1: 663,308 shares; 2025Q2: 663,308 shares; 2025Q3: 663,308 shares; 2025Q4: 663,308 shares 663,308$16.7M0.88%Timeline
COE51TALK ONLINE EDUCATION GROUQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 667,223 shares; 2024Q4: 667,223 shares; 2025Q1: 667,223 shares; 2025Q2: 667,223 shares; 2025Q3: 667,223 shares; 2025Q4: 474,901 shares 474,901$12.2M0.64%Timeline
LOTLOTUS TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,128,092 shares; 2024Q4: 4,834,099 shares; 2025Q1: 4,834,099 shares; 2025Q2: 4,834,099 shares; 2025Q3: 4,834,099 shares; 2025Q4: 4,834,099 shares 4,834,099$7.3M0.39%Timeline
THCHTH INTERNATIONAL LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,900,606 shares; 2025Q3: 2,900,606 shares; 2025Q4: 2,900,606 shares 2,900,606$6.44M0.34%Timeline
BTDRBITDEER TECHNOLOGIES GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 293,732 shares; 2024Q4: 293,732 shares; 2025Q1: 293,732 shares; 2025Q2: 293,732 shares; 2025Q3: 293,732 shares; 2025Q4: 293,732 shares 293,732$4.12M0.22%Timeline
LYELLYELL IMMUNOPHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 152,299 shares; 2025Q3: 152,299 shares; 2025Q4: 152,299 shares 152,299$3.94M0.21%Timeline
ADAGADAGENE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,343,364 shares; 2024Q4: 1,343,364 shares; 2025Q1: 1,343,364 shares; 2025Q2: 1,343,364 shares; 2025Q3: 1,343,364 shares; 2025Q4: 1,343,364 shares 1,343,364$2.73M0.14%Timeline
BNRBURNING ROCK BIOTECH LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 21,212 shares; 2025Q1: 21,212 shares; 2025Q2: 21,212 shares; 2025Q3: 21,212 shares; 2025Q4: 21,212 shares 21,212$871K0.05%Timeline
SLAISOLAI LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 350,427 shares; 2024Q4: 350,427 shares; 2025Q1: 350,427 shares; 2025Q2: 350,427 shares; 2025Q3: 350,427 shares; 2025Q4: 350,427 shares 350,427$343K0.02%Timeline

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001193125-26-051708 base2026-02-13acceptance time not in the bulk data set