Leading Securities Co Ltd

Broker-Dealer

CIK

1962373

Location

HONG KONG, K3

Portfolio Value

Micro $4,737,653

Diversification

Highly concentrated

Filing Date

Global Rank

#7,794 / 7,976 ▼ 90

Top Industry

Credit Services 55.8%

3Y Alpha vs SPY

-37.4%

Period ended 9 months ago

Filed Nov 6, 2025 · 7mo

4 quarters · since Dec 2024

Clone Performance

Feb 2025–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

-25.9%

SPY

+23.4%

Annualised alpha

-37.4%

Max drawdown

−40.5%

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

4 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

44.1%

−13.8 pts

Top 5

100.0%

0.0 pts

Top 10

100.0%

0.0 pts

HHI

3,859

Highly concentrated−315

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Financial Services	55.8%	$2,641,461	2
Consumer Cyclical	42.1%	$1,996,555	1
Communication Services	2.1%	$99,637	1

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
LU	Lufax Holding Ltd	+140,992	514,323	$2,088,151
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
FINV	FinVolution Group	−106,132	75,076	$553,310
ATAT	Atour Lifestyle Holdings Ltd	−71,480	53,114	$1,996,555
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
PDD	PDD Holdings Inc.	1,000	$104,660
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

4 positions · $4,737,653 total · as of Sep 30, 2025

All sectors Communication Services Consumer Cyclical Financial Services

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LU	Lufax Holding Ltd Financial Services	Added	514,323	+140,992	$2,088,151	+100.5%	44.08%
ATAT	Atour Lifestyle Holdings Ltd Consumer Cyclical	Reduced	53,114	-71,480	$1,996,555	−50.7%	42.14%
FINV	FinVolution Group Financial Services	Reduced	75,076	-106,132	$553,310	−67.8%	11.68%
JOYY	JOYY Inc. Communication Services	Held	1,700	0	$99,637	+15.1%	2.10%