Triata Capital
HONG KONG, K3files as Triata Capital Ltd
$588m in 12 US stocks at the end of 30 June 2026. The top 10 are 99.5% of the money. It changed about 10.9% of the portfolio this quarter.
Value
$588m
Stocks
12
Top 10 share
99.5%
Turnover
10.9%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- PDD HoldingsPDD41.6% of the fund+54%
- Vnet GroupVNET16.1% of the fund+5%
- Qfin HoldingsQFIN13.9% of the fund+48%
- GDS HldgsGDS8.7% of the fund+57%
- KE HldgsBEKE4.1% of the fund+21%
- Atour Lifestyle HldgsATAT3.7% of the fund+20%
- Trip COM GroupTCOM3.4% of the fund+30%
- H World GroupHTHT2.0% of the fund+20%
Cut
Sold some of their stake.
- Alibaba Group HldgBABA2.9% of the fund-26%
- IqiyiIQ0.2% of the fund-86%
Sold out
Sold their entire stake.
- Full Truck AllianceYMM-100%
- New Oriental Education & Technology GroupEDU-100%
Holdings
- PDD HoldingsPDD
- Share
- 41.6%
- Value
- $245m
- Shares
- 3,211,624
+54%
- Vnet GroupVNET
- Share
- 16.1%
- Value
- $95m
- Shares
- 11,763,935
+5%
- Qfin HoldingsQFIN
- Share
- 13.9%
- Value
- $82m
- Shares
- 5,166,613
+48%
- GDS HldgsGDS
- Share
- 8.7%
- Value
- $51m
- Shares
- 1,705,220
+57%
- KE HldgsBEKE
- Share
- 4.1%
- Value
- $24m
- Shares
- 1,663,066
+21%
- Atour Lifestyle HldgsATAT
- Share
- 3.7%
- Value
- $22m
- Shares
- 677,712
+20%
- Trip COM GroupTCOM
- Share
- 3.4%
- Value
- $20m
- Shares
- 503,346
+30%
- Legend BiotechLEGN
- Share
- 3.1%
- Value
- $18m
- Shares
- 629,914
Held
- Alibaba Group HldgBABA
- Share
- 2.9%
- Value
- $17m
- Shares
- 174,843
-26%
- H World GroupHTHT
- Share
- 2.0%
- Value
- $12m
- Shares
- 285,338
+20%
- TuyaTUYA
- Share
- 0.3%
- Value
- $2m
- Shares
- 1,145,371
Held
- IqiyiIQ
- Share
- 0.2%
- Value
- $1m
- Shares
- 1,108,095
-86%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| PDD HoldingsPDD | 41.6% | $245m | 3,211,624 | +54% |
| Vnet GroupVNET | 16.1% | $95m | 11,763,935 | +5% |
| Qfin HoldingsQFIN | 13.9% | $82m | 5,166,613 | +48% |
| GDS HldgsGDS | 8.7% | $51m | 1,705,220 | +57% |
| KE HldgsBEKE | 4.1% | $24m | 1,663,066 | +21% |
| Atour Lifestyle HldgsATAT | 3.7% | $22m | 677,712 | +20% |
| Trip COM GroupTCOM | 3.4% | $20m | 503,346 | +30% |
| Legend BiotechLEGN | 3.1% | $18m | 629,914 | Held |
| Alibaba Group HldgBABA | 2.9% | $17m | 174,843 | -26% |
| H World GroupHTHT | 2.0% | $12m | 285,338 | +20% |
| TuyaTUYA | 0.3% | $2m | 1,145,371 | Held |
| IqiyiIQ | 0.2% | $1m | 1,108,095 | -86% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 14.8% since 30 June 2025.
Where the money is
Other100.0%
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.