Q2 2026 13F · SEC CIK 1802695
Perseverance Asset Management International
Asset managerFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $977.3M
- Reported positions
- 18
- Top holdings a year, 3 yrs
- +16.7%
- Average holding period
- 2.5 yrs
Perseverance Asset Management International is an asset manager that reported 18 positions worth $977.3M in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Taiwan Semiconductor Manufac (TSM, 24.4%), H World Group Ltd (HTHT, 17.2%), Pdd Holdings Inc (PDD, 16.9%). A portfolio copying its top holdings returned 16.7% a year over the last 3 years, against 20.4% for the S&P 500.
Perseverance Asset Management International holdings all 18 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufac | 24.4% | +11.6% | $238.1M |
| HTHTH World Group Ltd | 17.2% | +3.9% | $168.4M |
| PDDPdd Holdings Inc | 16.9% | +0.1% | $165.0M |
| BZKanzhun Limited | 15.5% | +175.2% | $151.8M |
| TCOMTrip Com Group Ltd | 4.2% | +53.2% | $41.2M |
| MUMicron Technology Inc | 4.1% | +283.5% | $39.7M |
| SNDKSandisk Corp | 3.7% | +192.0% | $36.4M |
| GOOGAlphabet Inc | 3.6% | +0.0% | $35.3M |
| YUMCYum China Hldgs Inc | 3.5% | +17.2% | $34.2M |
| BEKEKe Hldgs Inc | 2.5% | +18.8% | $24.0M |
| NVDANvidia Corporation Com | 1.6% | -72.4% | $16.0M |
| RLXRlx Technology Inc | 1.4% | -1.8% | $14.0M |
| NTESNetEase Inc | 0.5% | -76.5% | $5.1M |
| IQIqiyi Inc | 0.4% | -18.8% | $4.1M |
| YSGYatsen Hldg Ltd | 0.2% | +0.0% | $1.7M |
| WRDWeride Inc | 0.2% | — | $1.5M |
| VVisa Inc Com Cl A | 0.1% | — | $487K |
| BABAAlibaba Group Hldg Ltd | 0.0% | — | $326K |
What Perseverance Asset Management International bought and sold in Q2 2026, against Q1 2026.
New positions
- WRD Weride Inc0.2% of 13F
- V Visa Inc Com Cl A0.1% of 13F
- BABA Alibaba Group Hldg Ltd0.0% of 13F
Added to
- MU Micron Technology Inc+283.5% shares
- SNDK Sandisk Corp+192.0% shares
- BZ Kanzhun Limited+175.2% shares
- TCOM Trip Com Group Ltd+53.2% shares
- BEKE Ke Hldgs Inc+18.8% shares
- YUMC Yum China Hldgs Inc+17.2% shares
- TSM Taiwan Semiconductor Manufac+11.6% shares
Reduced
- NTES NetEase Inc-76.5% shares
- NVDA Nvidia Corporation Com-72.4% shares
- IQ Iqiyi Inc-18.8% shares
Sold out
- FUTU Futu Hldgs Ltdwas 2.3%
- LITE Lumentum Hldgs Inc Comwas 1.9%
- XPEV Xpeng Incwas 1.5%
- MOS Mosaic Cowas 0.8%
- AMD Advanced Micro Devices Incwas 0.7%
- NIO Nio Incwas 0.0%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +14.5% /yr
- S&P 500 +20.1%
- 3 years
- +16.7% /yr
- S&P 500 +20.4%
- 5 years
- +4.1% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $977.3M | 18 |
| Q1 2026 | $909.0M | 21 |
| Q4 2025 | $682.5M | 13 |
| Q3 2025 | $582.0M | 15 |
| Q2 2025 | $397.4M | 9 |
| Q1 2025 | $765.5M | 22 |
| Q4 2024 | $742.0M | 19 |
| Q3 2024 | $867.8M | 17 |
| Q2 2024 | $762.5M | 19 |
| Q1 2024 | $553.8M | 21 |
| Q4 2023 | $419.8M | 18 |
| Q3 2023 | $386.4M | 17 |
Questions about Perseverance Asset Management International's portfolio
What stocks does Perseverance Asset Management International own?
Perseverance Asset Management International's latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 18 positions worth $977.3M. The largest are Taiwan Semiconductor Manufac (TSM) at 24.4%, H World Group Ltd (HTHT) at 17.2%, Pdd Holdings Inc (PDD) at 16.9%, Kanzhun Limited (BZ) at 15.5% and Trip Com Group Ltd (TCOM) at 4.2%.
What did Perseverance Asset Management International buy last quarter?
In Q2 2026, Perseverance Asset Management International added a new position in Weride Inc (WRD), a new position in Visa Inc Com Cl A (V), a new position in Alibaba Group Hldg Ltd (BABA), Micron Technology Inc (MU) (+283.5% shares), Sandisk Corp (SNDK) (+192.0% shares) and Kanzhun Limited (BZ) (+175.2% shares), compared with its Q1 2026 filing.
What did Perseverance Asset Management International sell last quarter?
In Q2 2026, Perseverance Asset Management International sold all of Futu Hldgs Ltd (FUTU), sold all of Lumentum Hldgs Inc Com (LITE), sold all of Xpeng Inc (XPEV), sold all of Mosaic Co (MOS), sold all of Advanced Micro Devices Inc (AMD), NetEase Inc (NTES) (-76.5% shares), Nvidia Corporation Com (NVDA) (-72.4% shares) and Iqiyi Inc (IQ) (-18.8% shares), compared with its Q1 2026 filing.
How has Perseverance Asset Management International's portfolio performed?
A portfolio copying Perseverance Asset Management International's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +14.5% against +20.1%. Over 5 years: +4.1% a year against +11.6%.
When is Perseverance Asset Management International's next 13F filing due?
13F filings are due 45 days after each quarter ends. Perseverance Asset Management International's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.