Perseverance Asset Management International
CIK
1802695
Location
GEORGE TOWN, E9
Portfolio Value
Small
$231,657,404
Diversification
Moderately concentrated
Filing Date
Global Rank
#1,900
/ 8,586
▲ 547
Top Industry
Internet Retail
25.1%
3Y Alpha vs SPY
-7.9%
Period ended 3 months ago
Filed May 14, 2026 · 33d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+46.3%
SPY
+78.1%
Annualised alpha
-7.7%
Max drawdown
−28.6%
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
19 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
25.1%
−16.7 pts
Top 5
76.8%
−15.5 pts
Top 10
91.5%
−8.5 pts
HHI
1,554
Moderately concentrated−1,734
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 56.7% | $498,667,440 |
| Technology | 26.4% | $231,657,404 |
| Communication Services | 9.4% | $82,920,294 |
| Real Estate | 2.4% | $20,829,841 |
| Financial Services | 2.3% | $20,514,000 |
| Consumer Defensive | 1.9% | $16,490,895 |
| Basic Materials | 0.9% | $7,650,000 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BZ | Kanzhun Ltd | +4,035,923 | 4,287,565 | $57,410,494 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | +417,771 | 446,505 | $150,896,364 | |
| BEKE | KE Holdings Inc. | +236,000 | 1,391,439 | $20,829,841 | |
| PDD | PDD Holdings Inc. | +199,584 | 2,161,676 | $220,880,053 | |
| NTES | NetEase, Inc. | +60,000 | 170,000 | $19,029,800 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| NVDA | Nvidia Corp | 290,000 | $50,576,000 | |
| TCOM | Trip.com Group Ltd | 674,999 | $33,608,200 | |
| FUTU | Futu Holdings Ltd | 150,000 | $20,514,000 | |
| LITE | Lumentum Holdings Inc. | 25,000 | $17,569,000 | |
| XPEV | Xpeng Inc. | 800,000 | $13,688,000 | |
| MOS | Mosaic Co | 300,000 | $7,650,000 | |
| AMD | Advanced Micro Devices Inc | 30,000 | $6,102,900 | |
| SNDK | Sandisk Corp | 5,479 | $3,481,027 | |
| MU | Micron Technology Inc | 8,975 | $3,032,113 | |
| NIO | NIO Inc. | 72,094 | $434,726 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| API | Agora, Inc. | 700,000 | $2,849,000 | |
| No positions match the current search. | ||||
6 positions ·
$231,657,404 total
· Technology only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 446,505 | $150,896,364 | 65.14% | |
| NVDA |
Nvidia Corp
Technology
|
NEW | 290,000 | $50,576,000 | 21.83% | |
| LITE |
Lumentum Holdings Inc.
Technology
|
NEW | 25,000 | $17,569,000 | 7.58% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
NEW | 30,000 | $6,102,900 | 2.63% | |
| SNDK |
Sandisk Corp
Technology
|
NEW | 5,479 | $3,481,027 | 1.50% | |
| MU |
Micron Technology Inc
Technology
|
NEW | 8,975 | $3,032,113 | 1.31% |