KRANE FUNDS ADVISORS LLC
Q4 2023 Form 13-F
NEW YORK, NEW YORK
CIK 0001536592
· CRD 157103
· SEC-registered investment adviser
$2.4B Reported Value Total
KRANE FUNDS ADVISORS, LLC reports 45 total accounts under management (AUM). There are 45 discretionary accounts valued at $8,685,571,005, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-07-24
Reported value
$2.4B
Quarter over quarter
+19.3%
Holdings
102
Top-10 concentration
89.1%
Key People
Form ADV owners & control persons
Jonathan Adam Krane
OWNER AND MANAGER
Odette Gafner
CHIEF COMPLIANCE OFFICER / HEAD OF COMPLIANCE
Jonathan Allen Shelon
CHIEF OPERATING OFFICER
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Q4 2023 13F record
Q4 2023 13F filing summary
| Period of report | December 31, 2023 |
|---|---|
| Filed | February 15, 2024 |
| Form | 13F-HR |
| Reported value | $2.4B |
| Positions | 102 |
| Change in reported value | -1.6% |
| New positions | 17 |
| Exited positions | 19 |
| Position turnover | 29.8% |
| Top-10 concentration | 89.1% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Nov 9, 2026
|
191 | $2.8B |
|
Q2 2026 13F
Filed Aug 14, 2026
|
185 | $2.8B |
|
Q1 2026 13F
Filed May 11, 2026
|
173 | $2.4B |
|
Q4 2025 13F
Filed Feb 11, 2026
|
159 | $3.1B |
|
Q3 2025 13F
Filed Nov 10, 2025
|
137 | $3.5B |
|
Q2 2025 13F
Filed Aug 11, 2025
|
138 | $2.5B |
|
Q1 2025 13F
Filed Apr 28, 2025
|
119 | $3.5B |
|
Q4 2024 13F
Filed Feb 13, 2025
|
113 | $2.4B |
|
Q3 2024 13F
Filed Oct 17, 2024
|
96 | $2.8B |
|
Q2 2024 13F
Filed Aug 8, 2024
|
92 | $2.4B |
|
Q1 2024 13F
Filed Apr 16, 2024
|
90 | $2.4B |
|
Q4 2023 13F
Filed Feb 15, 2024
|
102 | $2.4B |
|
Q3 2023 13F
Filed Nov 13, 2023
|
104 | $2.4B |
|
Q2 2023 13F
Filed Aug 11, 2023
|
98 | $1.9B |
|
Q1 2023 13F
Filed May 12, 2023
|
105 | $2.2B |
|
Q4 2022 13F
Filed Feb 10, 2023
|
109 | $2.4B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
117 | $1.9B |
|
Q2 2022 13F
Filed Aug 11, 2022
|
281 | $2.8B |
|
Q1 2022 13F
Filed May 11, 2022
|
310 | $2.4B |
|
Q4 2021 13F
Filed Feb 10, 2022
|
302 | $4.0B |
15 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q4 2023
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | PDD PDD US | $468.1M | 19.52% |
| 2 | BZ BZ US | $243.6M | 10.16% |
| 3 | BEKE BEKE US | $239.6M | 9.99% |
| 4 | YMM YMM US | $229.4M | 9.56% |
| 5 | VIPS VIPS US | $225.8M | 9.42% |
| 6 | TAL TAL US | $215.9M | 9.0% |
| 7 | TME TME US | $207.2M | 8.64% |
| 8 | KWEB KWEB US | $128.1M | 5.34% |
| 9 | IQ IQ US | $93.7M | 3.91% |
| 10 | QFIN QFIN US | $85.4M | 3.56% |
| 11 | ATHM ATHM US | $69.4M | 2.89% |
| 12 | JOYY YY US | $49.4M | 2.06% |
| 13 | WB WB US | $34.4M | 1.44% |
| 14 | LU LU US | $23.5M | 0.98% |
| 15 | NIO NIO US | $12.2M | 0.51% |
| 16 | APTV APTV US | $6.2M | 0.26% |
| 17 | TSLA TSLA US | $5.9M | 0.25% |
| 18 | RIVN RIVN US | $5.1M | 0.21% |
| 19 | ALB ALB US | $4.0M | 0.17% |
| 20 | KALL KALL US | $2.1M | 0.09% |
Values as reported on the Q4 2023 Form 13F. Every position is in the holdings table below.