Perseverance Asset Management International portfolio
Concentrated managerType not verifiedPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 12, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · 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.
Perseverance Asset Management International reported a $977M portfolio of 18 positions to the SEC as of the end of Q2 2026. Its largest positions are TSM, HTHT, PDD. During the quarter it exited Futu Holdings and Lumentum Holdings.
Sections with a free account
What changed this quarter
21 positions with a change (3 new, 8 added to, 4 trimmed, 6 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Kanzhun+175%more sharesIncreased6.3% → 15.5%
- NVIDIA−72%fewer sharesReduced5.6% → 1.6%
- Micron Technology+283%more sharesIncreased0.3% → 4.1%
- Taiwan Semiconductor Manufacturing+12%more sharesIncreased16.6% → 24.4%
- Sandisk+192%more sharesIncreased0.4% → 3.7%
- Futu Holdings−2.1 ppof portfolioSold out2.3% → —
- Lumentum Holdings−1.8 ppof portfolioSold out1.9% → —
- Netease−76%fewer sharesReduced2.1% → 0.5%
- Trip.com Group+53%more sharesIncreased3.7% → 4.2%
- Xpeng−1.4 ppof portfolioSold out1.5% → —
- Mosaic−0.8 ppof portfolioSold out0.8% → —
- H World Group+3.9%more sharesIncreased21.5% → 17.2%
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
- Taiwan Semiconductor ManufacturingTSM24.4%
- H World GroupHTHT17.2%
- PDD HoldingsPDD16.9%
- KanzhunBZ15.5%
- Trip.com GroupTCOM4.2%
- Micron TechnologyMU4.1%
- SandiskSNDK3.7%
- AlphabetGOOG3.6%
- Yum China HoldingsYUMC3.5%
- KE HoldingsBEKE2.5%
- NVIDIANVDA1.6%
- RLX TechnologyRLX1.4%
- NeteaseNTES0.5%
- iQIYIIQ0.4%
- Yatsen HoldingYSG0.2%
“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
- ● Information Technology 49%
- ● Consumer Discretionary 42%
- ● Communication Services 5%
- ● Real Estate 2%
- ● Consumer Staples 2%
How its portfolio changed (8 quarters)
Q2 2026: 18
Q2 2026: 96%
Q2 2026: 17.0%
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.
Declared options (1)
Besides stocks, Perseverance Asset Management International declared 1 put (they gain if the stock falls) with a notional of $1.7M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- PUTVertiv HoldingsVRTnew this quarter$1.7M
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
Type not verified. It meets the portfolio criteria of a concentrated manager, but its type is not verified: we found no official document that is enough to say what kind of entity it is. It may be an investment firm, but also an adviser adding up client accounts, a bank or a family vehicle. It counts in the tallies like the rest; keep that in mind when reading it. How the type is assigned
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.
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