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KADENSA CAPITAL Ltd

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13F filer, CIK 1720980, CENTRAL, Hong Kong

KADENSA CAPITAL Ltd reported $971,133,787 across 49 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 42.95% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000905148-25-004002

Period
2025-09-30
Reported value
$971M
Holdings
49
Top 10 weight
42.95%
New
22
Sold out
19

Largest buys vs the previous quarter

SecurityShares changeApprox. value
TSMadded+136,673$38.2M
NVDAadded+171,123$31.9M
HIInew+97,804$28.2M
ORCLadded+88,203$24.8M
ALABnew+122,609$24M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
PMexited-142,720-$26M
BABAreduced-144,903-$25.9M
YMMexited-1,980,461-$23.4M
ONONexited-344,249-$17.9M
VNETexited-2,436,603-$16.8M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0000905148-25-004002, largest first. % of portfolio is the value over $971,133,787, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
BABAALIBABA GROUP HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 456,864 shares; 2025Q2: 504,822 shares; 2025Q3: 359,919 shares 359,919$64.3M6.62%-144,903Timeline
GEGE AEROSPACEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 61,627 shares; 2025Q1: 95,825 shares; 2025Q2: 178,095 shares; 2025Q3: 173,478 shares 173,478$52.2M5.37%-4,617Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 217,393 shares; 2024Q4: 70,756 shares; 2025Q1: 55,579 shares; 2025Q2: 102,087 shares; 2025Q3: 273,210 shares 273,210$51M5.25%+171,123Timeline
TSLATESLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 19,270 shares; 2024Q4: not reported; 2025Q1: 51,529 shares; 2025Q2: 58,007 shares; 2025Q3: 111,917 shares 111,917$49.8M5.13%+53,910Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 32,680 shares; 2025Q3: 169,353 shares 169,353$47.3M4.87%+136,673Timeline
VIKVIKING HOLDINGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 574,750 shares; 2024Q4: 450,231 shares; 2025Q1: 421,454 shares; 2025Q2: 600,187 shares; 2025Q3: 607,910 shares 607,910$37.8M3.89%+7,723Timeline
AVGOBROADCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,590 shares; 2024Q4: not reported; 2025Q1: 185,293 shares; 2025Q2: 72,654 shares; 2025Q3: 98,432 shares 98,432$32.5M3.34%+25,778Timeline
HIIHUNTINGTON INGALLS INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 97,804 shares 97,804$28.2M2.9%newTimeline
JCIJOHNSON CONTROLS INTERNATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 156,677 shares; 2025Q3: 255,411 shares 255,411$28.1M2.89%+98,734Timeline
ORCLORACLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 4,533 shares; 2025Q3: 92,736 shares 92,736$26.1M2.69%+88,203Timeline
ALABASTERA LABS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 122,609 shares 122,609$24M2.47%newTimeline
LRNSTRIDE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 32,766 shares; 2025Q2: 226,447 shares; 2025Q3: 157,101 shares 157,101$23.4M2.41%-69,346Timeline
AVAVAEROVIRONMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 74,160 shares 74,160$23.4M2.4%newTimeline
TEMTEMPUS AI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 458,745 shares; 2025Q2: 302,663 shares; 2025Q3: 288,035 shares 288,035$23.2M2.39%-14,628Timeline
UPSTUPSTART HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 412,171 shares; 2025Q2: 294,031 shares; 2025Q3: 455,150 shares 455,150$23.1M2.38%+161,119Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 100,753 shares; 2024Q4: 108,268 shares; 2025Q1: 114,393 shares; 2025Q2: not reported; 2025Q3: 41,634 shares 41,634$21.6M2.22%newTimeline
PWRQUANTA SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,693 shares; 2024Q4: 20,750 shares; 2025Q1: 43,645 shares; 2025Q2: not reported; 2025Q3: 51,632 shares 51,632$21.4M2.2%newTimeline
HWMHOWMET AEROSPACE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 39,020 shares; 2025Q3: 107,500 shares 107,500$21.1M2.17%+68,480Timeline
RBLXROBLOX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 149,166 shares 149,166$20.7M2.13%newTimeline
AXONAXON ENTERPRISE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 16,919 shares; 2025Q3: 28,072 shares 28,072$20.1M2.07%+11,153Timeline
EHEHANG HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 124,872 shares; 2024Q4: 110,768 shares; 2025Q1: 759,180 shares; 2025Q2: 1,063,937 shares; 2025Q3: 1,056,204 shares 1,056,204$19.6M2.02%-7,733Timeline
PLTRPALANTIR TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 6,516 shares; 2025Q1: 286,756 shares; 2025Q2: not reported; 2025Q3: 107,129 shares 107,129$19.5M2.01%newTimeline
MPMP MATERIALS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 245,279 shares 245,279$16.5M1.69%newTimeline
WMWASTE MGMT INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 44,980 shares; 2025Q1: 43,909 shares; 2025Q2: 11,909 shares; 2025Q3: 73,281 shares 73,281$16.2M1.67%+61,372Timeline
FNFABRINETQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 44,284 shares 44,284$16.1M1.66%newTimeline
GLDSPDR GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 65,828 shares; 2024Q4: not reported; 2025Q1: 35,564 shares; 2025Q2: 42,739 shares; 2025Q3: 45,234 shares 45,234$16.1M1.66%+2,495Timeline
ATATATOUR LIFESTYLE HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 330,912 shares; 2025Q3: 425,879 shares 425,879$16M1.65%+94,967Timeline
TTTRANE TECHNOLOGIES PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 37,576 shares 37,576$15.9M1.63%newTimeline
LITELUMENTUM HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 93,137 shares 93,137$15.2M1.56%newTimeline
MMYTMAKEMYTRIP LIMITED MAURITIUSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 175,659 shares; 2025Q2: 169,645 shares; 2025Q3: 141,896 shares 141,896$13.3M1.37%-27,749Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,538 shares; 2025Q1: 24,680 shares; 2025Q2: 2,497 shares; 2025Q3: 18,002 shares 18,002$13.2M1.36%+15,505Timeline
GEVGE VERNOVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 23,772 shares; 2025Q2: not reported; 2025Q3: 21,167 shares 21,167$13M1.34%newTimeline
TMETENCENT MUSIC ENTMT GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 530,198 shares 530,198$12.4M1.27%newTimeline
XPEVXPENG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 513,246 shares 513,246$12M1.24%newTimeline
DECKDECKERS OUTDOOR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 14,801 shares; 2025Q1: 91,745 shares; 2025Q2: not reported; 2025Q3: 117,993 shares 117,993$12M1.23%newTimeline
IBITISHARES BITCOIN TRUST ETFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 26,533 shares; 2024Q4: 373,790 shares; 2025Q1: 381,511 shares; 2025Q2: 181,092 shares; 2025Q3: 182,764 shares 182,764$11.9M1.22%+1,672Timeline
AMBQAMBIQ MICRO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 394,991 shares 394,991$11.8M1.22%newTimeline
ISRGINTUITIVE SURGICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 26,015 shares 26,015$11.6M1.2%newTimeline
BABOEING COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 74,475 shares; 2025Q3: 44,298 shares 44,298$9.56M0.98%-30,177Timeline
SNPSSYNOPSYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 27,949 shares; 2025Q1: 28,427 shares; 2025Q2: 30,438 shares; 2025Q3: 19,312 shares 19,312$9.53M0.98%-11,126Timeline
CCJCAMECO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 3,377 shares; 2025Q3: 112,929 shares 112,929$9.47M0.98%+109,552Timeline
CDNSCADENCE DESIGN SYSTEM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 32,383 shares; 2024Q4: 15,265 shares; 2025Q1: 35,181 shares; 2025Q2: 9,092 shares; 2025Q3: 26,912 shares 26,912$9.45M0.97%+17,820Timeline
WRDWERIDE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 803,764 shares; 2025Q3: 900,297 shares 900,297$8.91M0.92%+96,533Timeline
BEBLOOM ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 75,135 shares 75,135$6.35M0.65%newTimeline
PSIXPOWER SOLUTIONS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 59,710 shares 59,710$5.86M0.6%newTimeline
SYSO YOUNG INTERNATIONAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,022,291 shares 1,022,291$3.96M0.41%newTimeline
CLSCELESTICA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 14,944 shares 14,944$3.68M0.38%newTimeline
KTOSKRATOS DEFENSE & SEC SOLUTIOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 29,901 shares 29,901$2.73M0.28%newTimeline
SPOTSPOTIFY TECHNOLOGY S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 16,961 shares; 2025Q3: 350 shares 350$244K0.03%-16,611Timeline

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
PMPHILIP MORRIS INTL INC142,720$26Mshares
YMMFULL TRUCK ALLIANCE CO LTD1,980,461$23.4Mshares
ONONON HLDG AG344,249$17.9Mshares
VNETVNET GROUP INC2,436,603$16.8Mshares
SHYISHARES TR160,150$13.3Mshares
DDOGDATADOG INC83,811$11.3Mshares
ITAISHARES TR56,693$10.7Mshares
TJXTJX COS INC NEW86,534$10.7Mshares
UMCUNITED MICROELECTRONICS CORP1,335,392$10.2Mshares
SESEA LTD50,639$8.1Mshares
EWYISHARES INC110,265$7.91Mshares
HOODROBINHOOD MKTS INC80,965$7.58Mshares
NOWSERVICENOW INC7,121$7.32Mshares
CRMSALESFORCE INC25,769$7.03Mshares
SOXXISHARES TR21,327$5.09Mshares
PANWPALO ALTO NETWORKS INC21,887$4.48Mshares
EMXCISHARES INC58,352$3.68Mshares
EDUNEW ORIENTAL ED & TECHNOLOGY18,587$1Mshares
VRTVERTIV HOLDINGS CO3,925$504Kshares

How Q3 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 0000905148-25-004002 base2025-11-14acceptance time not in the bulk data set