BRILLIANCE ASSET MANAGEMENT LTD
CIK
1665751
Location
ADMIRALTY, HONG KONG, K3
Portfolio Value
Small
$320,556,487
Diversification
Moderately concentrated
Filing Date
Global Rank
#3,326
/ 8,604
▲ 711
· as of Mar 2026
Top Industry
Internet Retail
26.8%
3Y Alpha vs SPY
-7.3%
Period ended 3 months ago
Filed May 12, 2026 · 58d
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+48.2%
SPY
+76.5%
Annualised alpha
-6.8%
Max drawdown
−39.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
15 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
22.5%
−23.2 pts
Top 5
82.8%
−17.2 pts
Top 10
96.3%
−3.7 pts
HHI
1,525
Moderately concentrated−1,748
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 38.5% | $123,358,421 |
| Technology | 35.5% | $113,709,161 |
| Communication Services | 20.8% | $66,683,940 |
| Financial Services | 4.4% | $13,974,750 |
| Industrials | 0.9% | $2,830,215 |
Last Quarter's Activity
Export CSVNew Positions
Positions the filer opened this quarter
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| BZ | Kanzhun Ltd | 4,980,130 | $66,683,940 | |
| YMM | Full Truck Alliance Co. Ltd. | 6,522,380 | $54,135,754 | |
| AMZN | Amazon Com Inc | 65,416 | $13,624,190 | |
| NVDA | Nvidia Corp | 37,810 | $6,594,064 | |
| FUTU | Futu Holdings Ltd | 41,607 | $5,690,173 | |
| TCOM | Trip.com Group Ltd | 89,838 | $4,473,034 | |
| ZTO | ZTO Express (Cayman) Inc. | 112,444 | $2,830,215 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | 8,009 | $2,706,641 | |
| U | Unity Software Inc. | 73,389 | $1,610,154 | |
| BABA | Alibaba Group Holding Ltd | 2,754 | $345,516 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
15 positions ·
$320,556,487 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| PDD |
PDD Holdings Inc.
Consumer Cyclical
|
Added | 704,489 | $71,984,686 | 22.46% | |
| BZ |
Kanzhun Ltd
Communication Services
|
NEW | 4,980,130 | $66,683,940 | 20.80% | |
| YMM |
Full Truck Alliance Co. Ltd.
Technology
|
NEW | 6,522,380 | $54,135,754 | 16.89% | |
| ONTO |
Onto Innovation Inc.
Technology
|
Reduced | 193,838 | $39,750,358 | 12.40% | |
| AS |
Amer Sports, Inc.
Consumer Cyclical
|
Reduced | 1,000,334 | $32,930,995 | 10.27% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
NEW | 65,416 | $13,624,190 | 4.25% | |
| TXN |
Texas Instruments Inc
Technology
|
Added | 45,906 | $8,912,190 | 2.78% | |
| LX |
LexinFintech Holdings Ltd.
Financial Services
|
Added | 3,800,265 | $8,284,577 | 2.58% | |
| NVDA |
Nvidia Corp
Technology
|
NEW | 37,810 | $6,594,064 | 2.06% | |
| FUTU |
Futu Holdings Ltd
Financial Services
|
NEW | 41,607 | $5,690,173 | 1.78% | |
| TCOM |
Trip.com Group Ltd
Consumer Cyclical
|
NEW | 89,838 | $4,473,034 | 1.40% | |
| ZTO |
ZTO Express (Cayman) Inc.
Industrials
|
NEW | 112,444 | $2,830,215 | 0.88% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
NEW | 8,009 | $2,706,641 | 0.84% | |
| U |
Unity Software Inc.
Technology
|
NEW | 73,389 | $1,610,154 | 0.50% | |
| BABA |
Alibaba Group Holding Ltd
Consumer Cyclical
|
NEW | 2,754 | $345,516 | 0.11% |