Krane Funds Advisors LLC

CIK: 0001536592SEC EDGAR →

Portfolio Value

$3.1B

Holdings

159

As of

Q4 2025

New Positions

15

Closed Positions

16

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

PDD HOLDINGS INC

6,397,960$725.5M
23.54%
2

TENCENT MUSIC ENTMT GROUP

20,047,192$351.4M
11.40%
3

FULL TRUCK ALLIANCE CO LTD

32,100,736$344.4M
11.18%
4

KANZHUN LIMITED

16,060,290$327.3M
10.62%
5

TAL EDUCATION GROUP

21,231,472$231.6M
7.52%
6

VIPSHOP HLDGS LTD

12,793,590$226.3M
7.34%
7

KRANESHARES TRUST

7,553,700$189.3M
6.14%
8

KRANESHARES TRUST

3,856,700$131.3M
4.26%
9

QFIN HOLDINGS INC

5,669,691$109.3M
3.55%
10

JOYY INC

1,320,319$85.5M
2.77%

Quarterly Changes

Top Buys

TME↑ Increased
$70.2M
PDD↑ Increased
$67.0M
SPY↑ Increased
$18.2M
YMM↑ Increased
$7.6M
KWEB↑ Increased
$4.7M

Top Sells

VIPS↓ Decreased
$94.1M
BZ↓ Decreased
$86.0M
IQCLOSED
$55.8M
QFIN↓ Decreased
$50.8M
ATHM↓ Decreased
$24.3M

New Positions (40)

$2.0M · 4K shares
$2.0M · 14K shares
$1.9M · 9K shares
$1.8M · 7K shares
$1.7M · 5K shares
$1.7M · 6K shares
$1.5M · 3K shares
$1.5M · 19K shares
$1.5M · 16K shares
$1.5M · 7K shares
$1.4M · 18K shares
$1.4M · 16K shares
$1.4M · 6K shares
$1.4M · 400 shares
$1.4M · 800 shares
$1.2M · 33K shares
$1.2M · 323K shares
$947K · 3K shares
$907K · 31K shares
$886K · 13K shares
$708K · 9K shares
$626K · 9K shares
$556K · 25K shares
$515K · 36K shares
$437K · 4K shares
$408K · 15K shares
$404K · 2K shares
$384K · 6K shares
$369K · 43K shares
$321K · 12K shares
$267K · 2K shares
$258K · 2K shares
$254K · 4K shares
$237K · 22K shares
$236K · 7K shares
$127K · 30K shares
$120K · 43K shares
$80K · 13K shares
$77K · 27K shares
$71K · 10K shares

Closed Positions (18)

$55.8M · 27.5M shares
$1.1M · 13K shares
$506K · 22K shares
$505K · 18K shares
$426K · 1K shares
$422K · 14K shares
$420K · 1K shares
$356K · 2K shares
$272K · 2K shares
$236K · 5K shares
$229K · 771 shares
$227K · 2K shares
$225K · 5K shares
$218K · 2K shares
$211K · 2K shares
$208K · 5K shares
$207K · 6K shares
$204K · 2K shares

Sector Breakdown

Sector# HoldingsValue%
Consumer Cyclical21$983.2M31.9%
Communication Services13$567.3M18.4%
Financial Services14$488.7M15.9%
Technology60$446.8M14.5%
Industrials15$335.8M10.9%
Consumer Defensive4$232.6M7.5%
Healthcare10$7.4M0.2%
Basic Materials3$7.2M0.2%
Unknown7$6.5M0.2%
Energy5$3.0M0.1%
Real Estate5$1.9M0.1%
Utilities2$1.2M0.0%