HSG Holding portfolio
Private equity or venture capitalPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 13, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · amendment (replaces the original) of Nov 4, 2026 ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
HSG Holding reported a $1.2 bn portfolio of 21 positions to the SEC as of the end of Q2 2026. Its largest positions are PDD, FUTU, PONY. During the quarter it opened Gyre Therapeutics.
Sections with a free account
What changed this quarter
1 position with a change (1 new). 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).
- Gyre Therapeutics+1.5 ppof portfolioNew— → 2.0%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- PDD HoldingsPDD69.6%
- Futu HoldingsFUTU5.6%
- Pony AIPONY4.2%
- WebullBULL3.7%
- Circle Internet GroupCRCL3.4%
- KE HoldingsBEKE2.3%
- Gyre TherapeuticsGYRE2.0%
- KanzhunBZ2.0%
- Arrivent BiopharmaAVBP1.9%
- Dingdong (Cayman)DDL1.6%
- Structure TherapeuticsGPCR1.1%
- 51Talk Online Education GroupCOE0.6%
- Lotus TechnologyLOT0.5%
- AdageneADAG0.5%
- TH InternationalTHCH0.4%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Consumer Discretionary 73%
- ● Financials 13%
- ● Information Technology 7%
- ● Health Care 6%
- ● Real Estate 2%
How its portfolio changed (8 quarters)
Q2 2026: 21
Q2 2026: 96%
Q2 2026: 0.8%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
13F filings with amendments or confidential positions
- 13F Q2 2026 ↗filed Aug 13, 2026Amendment of Nov 4, 2026 (replaces the original) ↗
- 13F Q3 2025 ↗filed Nov 14, 2025Omitted positions (confidential)
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Not counted as a concentrated manager: a single position is more than 70% of the portfolio; it is a private equity or venture firm; its stocks are usually holdings that went public. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
- Baskin Financial Services$1.2 bn
- Advent Capital ManagementInvestment firm · $1.2 bn
- 140 Summer PartnersInvestment firm · $1.2 bn
- Prime Capital ManagementInvestment firm · $1.3 bn
- Tweedy, BrowneInvestment firm · $1.2 bn
- Wilkinson Global Asset Management$1.3 bn