Long Corridor Asset Management
HONG KONG, K3files as Long Corridor Asset Management Ltd
$276m in 32 US stocks at the end of 30 June 2026. The top 10 are 67.4% of the money. It changed about 33.6% of the portfolio this quarter.
Value
$276m
Stocks
32
Top 10 share
67.4%
Turnover
33.6%
What changed this quarter
New
Bought for the first time this quarter.
- Grab HoldingsGRAB6.4% of the fund
- BroadcomAVGO4.1% of the fund
- Advanced Micro DevicesAMD3.2% of the fund
- Alphabet2.0% of the fund
- Alphabet2.0% of the fund
- PhotronicsPLAB1.3% of the fund
- CelesticaCLS1.1% of the fund
- SCHMID GroupSHMD1.0% of the fund
- TON StrategyTONX0.9% of the fund
- Navitas SemiconductorNVTS0.6% of the fund
- IqiyiIQ<0.1% of the fund
Added
Bought more of a stock they already held.
- Black Stone Minerals L PBSM4.5% of the fund+14%
- S&P GlobalSPGI4.4% of the fund+173%
- Natural Resource Partners LPNRP4.2% of the fund+20%
- RobloxRBLX4.1% of the fund+5%
Cut
Sold some of their stake.
- AlphabetGOOGL12.8% of the fund-32%
- American ExpressAXP7.7% of the fund-36%
- AutohomeATHM4.6% of the fund-6%
- AdobeADBE3.6% of the fund-11%
- ServiceNowNOW2.3% of the fund-19%
- WeiboWB1.3% of the fund-6%
- Veeva SystemsVEEV1.3% of the fund-20%
- Uber TechnologiesUBER1.0% of the fund-85%
Sold out
Sold their entire stake.
- Meta PlatformsMETA-100%
- MicrosoftMSFT-100%
- Pitney BowesPBI-100%
- Bitmine Immersion TechnologiesBMNR-100%
- Netease.comNTES-100%
- Beone MedicinesONC-100%
- Full Truck AllianceYMM-100%
- Jd.comJD-100%
- BaiduBIDU-100%
- NIONIO-100%
- New Oriental Education & Technology GroupEDU-100%
Holdings
- AutohomeATHM
- Share
- 4.6%
- Value
- $13m
- Shares
- 672,117
-6%
- Black Stone Minerals L PBSM
- Share
- 4.5%
- Value
- $12m
- Shares
- 880,000
+14%
- Hesai GroupHSAI
- Share
- 2.9%
- Value
- $8m
- Shares
- 445,000
Held
- Alphabet
- Share
- 2.0%
- Value
- $6m
- Shares
- 110,000
New
- Alphabet
- Share
- 2.0%
- Value
- $6m
- Shares
- 110,000
New
- WeiboWB
- Share
- 1.3%
- Value
- $4m
- Shares
- 500,000
-6%
- ZTO Express CaymanZTO
- Share
- 0.4%
- Value
- $1m
- Shares
- 46,000
Held
- H World GroupHTHT
- Share
- 0.3%
- Value
- $959,560
- Shares
- 23,000
Held
- IqiyiIQ
- Share
- <0.1%
- Value
- $119,449
- Shares
- 114,855
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Amazon.comAMZN | 14.6% | $40m | 169,150 | Held |
| AlphabetGOOGL | 12.8% | $35m | 98,616 | -32% |
| American ExpressAXP | 7.7% | $21m | 63,000 | -36% |
| Grab HoldingsGRAB | 6.4% | $18m | 4,681,160 | New |
| AutohomeATHM | 4.6% | $13m | 672,117 | -6% |
| Black Stone Minerals L PBSM | 4.5% | $12m | 880,000 | +14% |
| S&P GlobalSPGI | 4.4% | $12m | 30,000 | +173% |
| Natural Resource Partners LPNRP | 4.2% | $12m | 120,000 | +20% |
| BroadcomAVGO | 4.1% | $11m | 30,000 | New |
| RobloxRBLX | 4.1% | $11m | 206,800 | +5% |
| AdobeADBE | 3.6% | $10m | 49,000 | -11% |
| Moody'sMCO | 3.3% | $9m | 20,000 | Held |
| Advanced Micro DevicesAMD | 3.2% | $9m | 15,000 | New |
| Hesai GroupHSAI | 2.9% | $8m | 445,000 | Held |
| ServiceNowNOW | 2.3% | $6m | 65,000 | -19% |
| Alphabet | 2.0% | $6m | 110,000 | New |
| Alphabet | 2.0% | $6m | 110,000 | New |
| New York TimesNYT | 2.0% | $5m | 78,300 | Held |
| Forward IndustriesFWDI | 1.5% | $4m | 994,164 | Held |
| WeiboWB | 1.3% | $4m | 500,000 | -6% |
| PhotronicsPLAB | 1.3% | $4m | 110,000 | New |
| Veeva SystemsVEEV | 1.3% | $4m | 20,000 | -20% |
| CelesticaCLS | 1.1% | $3m | 8,000 | New |
| Uber TechnologiesUBER | 1.0% | $3m | 40,000 | -85% |
| SCHMID GroupSHMD | 1.0% | $3m | 440,816 | New |
| TON StrategyTONX | 0.9% | $3m | 1,027,206 | New |
| Navitas SemiconductorNVTS | 0.6% | $2m | 100,000 | New |
| ZTO Express CaymanZTO | 0.4% | $1m | 46,000 | Held |
| H World GroupHTHT | 0.3% | $959,560 | 23,000 | Held |
| Yum China HoldingsYUMC | 0.3% | $817,400 | 20,000 | Held |
| Coya TherapeuticsCOYA | <0.1% | $226,781 | 38,766 | Held |
| IqiyiIQ | <0.1% | $119,449 | 114,855 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 36.1% since 30 June 2025.
Where the money is
Technology26.7%
Financial services17.9%
Retail & consumer14.9%
Media & telecom14.7%
Energy4.2%
Industrials2.0%
Health care1.4%
Other18.1%
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.