KEYWISE CAPITAL MANAGEMENT (HK) Ltd: CIRCLE INTERNET GROUP INC (CRCL): Quarterly 13F Position History
As of Q1 2026, KEYWISE CAPITAL MANAGEMENT (HK) Ltd reported 1,327,930 shares of CIRCLE INTERNET GROUP INC (CRCL), worth $126.7M and representing 21.4% of its 13F equity book. Quarter-over-quarter share count change: + 77,960 (+6.2%) . The position first appeared in Q3 2025 and has been disclosed across 3 13F-HR filings in Pactolio's tracked window.
- 1,327,930Shares Held (Latest Filing)
- $126.7MReported Market Value (Latest Filing)
- 21.4%Portfolio Weight (% of 13F Equity Book)
- +77,960Quarter-over-Quarter Share Change
- +$27.6MQuarter-over-Quarter Value Change
- 1,327,930Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 3 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,327,930 | +77,960 | +6.2% | $126.7M | 21.4% | $95.4 |
| Q4 2025 | 1,249,970 | +700,070 | +127.3% | $99.1M | 7.9% | $79.3 |
| Q3 2025 | 549,900 | — | — | $72.9M | 5.8% | $132.6 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did KEYWISE CAPITAL MANAGEMENT (HK) Ltd first disclose a CRCL position in 13F-HR filings?
KEYWISE CAPITAL MANAGEMENT (HK) Ltd first reported CIRCLE INTERNET GROUP INC (CRCL) on its 13F-HR filing for the period ending 2025-09-30 (Q3 2025). The position has appeared on 3 reported quarters within Pactolio's tracked window.
What was KEYWISE CAPITAL MANAGEMENT (HK) Ltd's most recent quarter-over-quarter share-count change in CRCL?
Between Q4 2025 and Q1 2026, KEYWISE CAPITAL MANAGEMENT (HK) Ltd added 77,960 shares of CRCL (+6.2%), bringing the total reported position to 1,327,930 shares at a market value of $126.7M.
Does the implied price-per-share represent KEYWISE CAPITAL MANAGEMENT (HK) Ltd's cost basis in CRCL?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.