All-Stars Investment Ltd's Q4 2025 13F: 2 positions resized, no new positions or exits

Form 13F-HR for the quarter ended Dec 31, 2025 · filed Jan 21, 2026 · 4 reported positions · accession 0001633603-26-000001

What changed this quarter

All-Stars Investment Ltd's changes in reported equity positions, Q4 2025
Activity Security Weight before Weight now Change Shares Shares %
Reduced PDD HOLDINGS INC (PDD) 1.4% 1.3% −0.1 pts −3,350 sh −10%
Increased ISHARES ETHEREUM TR (ETHA) 4.2% 3.7% −0.5 pts +5,000 sh +1%

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

Top 10 positions — 100.0% of the equity book

No changes in the top 10 this quarter

# Security Weight before Weight now
1 FULL TRUCK ALLIANCE CO LTD (YMM) 87.6% 88.6%
2 ISHARES BITCOIN TRUST ETF (IBIT) 6.8% 6.3%
3 ISHARES ETHEREUM TR (ETHA) 4.2% 3.7%
4 PDD HOLDINGS INC (PDD) 1.4% 1.3%

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).