Keywise Capital Management (hk)
HONG KONG, K3files as KEYWISE CAPITAL MANAGEMENT (HK) Ltd
$694m in 12 US stocks at the end of 30 June 2026. The top 10 are 99.8% of the money. It changed about 14.6% of the portfolio this quarter.
Value
$694m
Stocks
12
Top 10 share
99.8%
Turnover
14.6%
What changed this quarter
New
Bought for the first time this quarter.
- PDD HoldingsPDD5.8% of the fund
- ZOOZ StrategyZOOZ0.3% of the fund
- CorningGLW0.1% of the fund
- Direxion Shares ETF Trust<0.1% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Taiwan Semiconductor ManufacturingTSM36.4% of the fund-16%
- AlphabetGOOGL21.8% of the fund-4%
- Circle Internet GroupCRCL11.2% of the fund-7%
- Palantir TechnologiesPLTR4.9% of the fund-8%
- BilibiliBILI0.3% of the fund-16%
Sold out
Sold their entire stake.
- ZOOZ StrategyZOOZ-100%
- ASML Holding NVASML-100%
Holdings
- PDD HoldingsPDD
- Share
- 5.8%
- Value
- $40m
- Shares
- 528,100
New
- BilibiliBILI
- Share
- 0.3%
- Value
- $2m
- Shares
- 133,540
-16%
- Volatility SHS TRETHU
- Share
- 0.2%
- Value
- $2m
- Shares
- 141,500
Held
- Direxion Shares ETF Trust
- Share
- <0.1%
- Value
- $589,032
- Shares
- 181,800
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | 36.4% | $252m | 528,600 | -16% |
| AlphabetGOOGL | 21.8% | $152m | 424,340 | -4% |
| Seagate Technology HoldingsSTX | 14.2% | $98m | 102,000 | Held |
| Circle Internet GroupCRCL | 11.2% | $78m | 1,240,417 | -7% |
| PDD HoldingsPDD | 5.8% | $40m | 528,100 | New |
| Palantir TechnologiesPLTR | 4.9% | $34m | 292,870 | -8% |
| NvidiaNVDA | 4.6% | $32m | 161,180 | Held |
| BilibiliBILI | 0.3% | $2m | 133,540 | -16% |
| ZOOZ StrategyZOOZ | 0.3% | $2m | 400,000 | New |
| Volatility SHS TRETHU | 0.2% | $2m | 141,500 | Held |
| CorningGLW | 0.1% | $842,919 | 3,300 | New |
| Direxion Shares ETF Trust | <0.1% | $589,032 | 181,800 | New |
Options (2)
- Berkshire HathawayBRK-B
- Type
- Put
- Value
- $33m
- Contracts
- 66,000
- BilibiliBILI
- Type
- Call
- Value
- $6m
- Contracts
- 380,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Berkshire HathawayBRK-B | Put | $33m | 66,000 |
| BilibiliBILI | Call | $6m | 380,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 36.7% since 30 June 2025.
Where the money is
Technology60.2%
Media & telecom21.8%
Financial services11.2%
Industrials0.3%
Other6.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.