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Primavera Capital Management Ltd

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13F filer, CIK 1686305, GRAND CAYMAN, Cayman Islands

Primavera Capital Management Ltd reported $657,101,387 across 3 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-13.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000945621-26-000297

Period
2025-12-31
Reported value
$657M
Holdings
3
Top 10 weight
100%
New
0
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
Cango Inc/KYadded+5,154,331$7.73M

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

None.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0000945621-26-000297, largest first. % of portfolio is the value over $657,101,387, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
YUMCYUM CHINA HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,035,635 shares; 2024Q4: 12,035,635 shares; 2025Q1: 12,035,635 shares; 2025Q2: 12,035,635 shares; 2025Q3: 12,035,635 shares; 2025Q4: 12,035,635 shares 12,035,635$575M87.44%0Timeline
XPEVXPENG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,306,567 shares; 2024Q4: 3,306,567 shares; 2025Q1: 3,306,567 shares; 2025Q2: 3,306,567 shares; 2025Q3: 3,306,567 shares; 2025Q4: 3,306,567 shares 3,306,567$67.1M10.2%0Timeline
Cango Inc/KYCango Inc/KYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,154,331 shares; 2024Q4: 5,154,331 shares; 2025Q1: 5,154,331 shares; 2025Q2: 5,154,331 shares; 2025Q3: 5,154,331 shares; 2025Q4: 10,308,662 shares 10,308,662$15.5M2.35%+5,154,331

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 0000945621-26-000297 base2026-02-13acceptance time not in the bulk data set