KEYWISE CAPITAL MANAGEMENT (HK) Ltd 13F: Quarter-over-Quarter Portfolio Changes
KEYWISE CAPITAL MANAGEMENT (HK) Ltd reported a disclosed portfolio value of approximately $593.3 million in its latest SEC Form 13F-HR filing for Q1 2026, down 52.8% quarter on quarter. Over the quarter, the fund initiated 2 new positions, bought more shares in 4 holdings, trimmed 3 holdings, and exited 9 positions.
KEYWISE CAPITAL MANAGEMENT (HK) Ltd's top buy was Taiwan Semic-Adr (TSM) . The fund bought 9104.5% more shares, lifting the position's portfolio weight by 35.8 percentage points. Its top sell was Palantir Technologies INC (PLTR) . The fund sold 84.3% of its previously reported shares, reducing the position's portfolio weight by 20.9 percentage points.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| SEAGATE TECHNOLOGY HLDNGS PL | STX | 6.8% | History → |
| ASML HLDG NV | ASML | 0.3% | History → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| TAIWAN SEMIC-ADR | TSM | +35.8% | +9104.5% | History → |
| VOLATILITY SHS TR | ETHU | +0.5% | +1050.4% | History → |
| BILIBILI INC | BILI | +0.4% | +26.7% | History → |
| CIRCLE INTERNET GROUP INC | CRCL | +13.5% | +6.2% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| PALANTIR TECHNOLOGIES INC | PLTR | -20.9% | 84.3% | History → |
| NVIDIA CORPORATION COM | NVDA | -2.3% | 65.6% | History → |
| ALPHABET CL A | GOOGL | -10.1% | 65.1% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| LAUDER ESTEE COS INC | EL | 11.7% |
| ATOUR LIFESTYLE HLDGS LTD | ATAT | 4.6% |
| ORACLE CORP | ORCL | 3.8% |
| MINISO GROUP HLDG LTD | MNSO | 3.4% |
| PDD HOLDINGS INC | PDD | 0.1% |
| HOWMET AEROSPACE | HWM | 0.1% |
| FULL TRUCK A-ADR | YMM | 0.1% |
| ANALOG DEVICES INC | ADI | 0.1% |
| INTEL CORP | INTC | 0.0% |
Net Portfolio Value ChangeQ1 2026
- $1.3BPrior quarter
- $0.6BCurrent quarter
- $-0.7BNet delta
- -52.8%% change
Methodology & FAQ
How KEYWISE CAPITAL MANAGEMENT (HK) Ltd Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for KEYWISE CAPITAL MANAGEMENT (HK) Ltd: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did KEYWISE CAPITAL MANAGEMENT (HK) Ltd buy in Q1 2026?
In Q1 2026, KEYWISE CAPITAL MANAGEMENT (HK) Ltd initiated 2 new positions (SEAGATE TECHNOLOGY HLDNGS PL (STX), ASML HLDG NV (ASML)); bought more shares of TAIWAN SEMIC-ADR (TSM), VOLATILITY SHS TR (ETHU), BILIBILI INC (BILI), CIRCLE INTERNET GROUP INC (CRCL).
What stocks did KEYWISE CAPITAL MANAGEMENT (HK) Ltd sell in Q1 2026?
In Q1 2026, KEYWISE CAPITAL MANAGEMENT (HK) Ltd fully sold 9 positions (LAUDER ESTEE COS INC (EL), ATOUR LIFESTYLE HLDGS LTD (ATAT), ORACLE CORP (ORCL), MINISO GROUP HLDG LTD (MNSO), PDD HOLDINGS INC (PDD), HOWMET AEROSPACE (HWM), FULL TRUCK A-ADR (YMM), ANALOG DEVICES INC (ADI), INTEL CORP (INTC)); reduced holdings in PALANTIR TECHNOLOGIES INC (PLTR), NVIDIA CORPORATION COM (NVDA), ALPHABET CL A (GOOGL).
Which positions did KEYWISE CAPITAL MANAGEMENT (HK) Ltd initiate in Q1 2026?
KEYWISE CAPITAL MANAGEMENT (HK) Ltd established 2 new positions in Q1 2026: SEAGATE TECHNOLOGY HLDNGS PL (STX, 6.8%), ASML HLDG NV (ASML, 0.3%).
Which existing positions saw the largest allocation increases for KEYWISE CAPITAL MANAGEMENT (HK) Ltd in Q1 2026?
Of 4 existing positions with share-count increases in Q1 2026, the largest were: TAIWAN SEMIC-ADR (TSM, +35.8% weight, +9104.5% shares), VOLATILITY SHS TR (ETHU, +0.5% weight, +1050.4% shares), BILIBILI INC (BILI, +0.4% weight, +26.7% shares), CIRCLE INTERNET GROUP INC (CRCL, +13.5% weight, +6.2% shares).
Which positions did KEYWISE CAPITAL MANAGEMENT (HK) Ltd fully exit in Q1 2026?
KEYWISE CAPITAL MANAGEMENT (HK) Ltd fully exited 9 positions in Q1 2026: LAUDER ESTEE COS INC (EL, last-reported weight 11.7%), ATOUR LIFESTYLE HLDGS LTD (ATAT, last-reported weight 4.6%), ORACLE CORP (ORCL, last-reported weight 3.8%), MINISO GROUP HLDG LTD (MNSO, last-reported weight 3.4%), PDD HOLDINGS INC (PDD, last-reported weight 0.1%), HOWMET AEROSPACE (HWM, last-reported weight 0.1%), FULL TRUCK A-ADR (YMM, last-reported weight 0.1%), ANALOG DEVICES INC (ADI, last-reported weight 0.1%), INTEL CORP (INTC, last-reported weight 0.0%).
Which existing positions saw the largest allocation reductions for KEYWISE CAPITAL MANAGEMENT (HK) Ltd in Q1 2026?
Of 3 existing positions with share-count reductions in Q1 2026, the largest were: PALANTIR TECHNOLOGIES INC (PLTR, -20.9% weight, -84.3% shares), NVIDIA CORPORATION COM (NVDA, -2.3% weight, -65.6% shares), ALPHABET CL A (GOOGL, -10.1% weight, -65.1% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.