All-Stars Investment Ltd — Q4 2025 13F-HR

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Q4 2025 · 13F-HR

All-Stars Investment Ltdholdings as filed

Filed 2026-01-21 · accession 0001633603-26-000001

$267.5M

Reported value

Positions

2025-12-31

Period end

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The Brief · All-Stars Investment Ltd · Q4 2025

AI · grounded in 13F

All-Stars Investment Ltd trimmed its position in PDD Holdings Inc PDD by 9.57%. The fund accumulated shares of iShares Ethereum Trust ETHA, increasing the position by 1.14%. Total assets under management stood at $267.5M across four positions.

Holdings as filed

CUSIP	Ticker	Issuer	Value	% port.	Shares	Class	Voting
35969L108	YMM	FULL TRUCK ALLIANCE CO LTD	$237.1M	88.6%	22,095,164	Common	SOLE
46438F101	IBIT	ISHARES BITCOIN TRUST ETF	$16.9M	6.33%	341,000	Common	SOLE
46438R105	ETHA	ISHARES ETHEREUM TR	$9.9M	3.71%	443,000	Common	SOLE
722304102	PDD	PDD HOLDINGS INC	$3.6M	1.34%	31,650	Common	SOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.