Central Asset Mgmt's $1B Portfolio: Big Bets on Alibaba, JD.com

TL;DR

**Central Asset Mgmt just dropped their 13F, showing a $1B portfolio with huge stakes in BABA and JD!**

AI Summary

Central Asset Investments & Management Holdings (HK) Ltd filed its 13F-HR, revealing a significant portfolio value of $1,001,895,000 as of December 31, 2023. The filing shows a concentrated portfolio with major holdings in Alibaba Group Holding Ltd. (BABA) valued at $200,370,000 and JD.com Inc. (JD) valued at $150,000,000. This matters to investors because it provides transparency into the investment strategy of a major institutional investor, potentially signaling confidence or concerns in specific Chinese tech giants, which could influence market sentiment for these stocks.

Why It Matters

This filing offers a look into the investment strategy of a significant institutional player, potentially influencing how other investors perceive the value and future prospects of the disclosed holdings.

Risk Assessment

Risk Level: medium — The portfolio's concentration in a few large-cap Chinese tech stocks introduces specific geopolitical and regulatory risks inherent to that market.

Analyst Insight

A smart investor would use this information to understand the conviction of a large institutional investor in specific Chinese tech stocks, potentially as a data point for their own due diligence on BABA and JD.

Key Numbers

• $1.00B — Total Portfolio Value (Represents the total market value of securities managed by Central Asset Investments & Management Holdings (HK) Ltd as of December 31, 2023.)
• $200.37M — Alibaba Group Holding Ltd. (BABA) Holding (This is the largest single position by value, indicating a strong conviction in Alibaba.)
• $150.00M — JD.com Inc. (JD) Holding (This is the second-largest position, showing continued interest in Chinese e-commerce.)
• December 31, 2023 — Reporting Period End Date (This date specifies the snapshot in time for the reported holdings.)

Key Players & Entities

• Central Asset Investments & Management Holdings (HK) Ltd (company) — the institutional investment manager filing the 13F-HR
• Alibaba Group Holding Ltd. (company) — a significant holding in the portfolio
• JD.com Inc. (company) — a significant holding in the portfolio
• $1,001,895,000 (dollar_amount) — total portfolio value as of December 31, 2023
• $200,370,000 (dollar_amount) — value of Alibaba Group Holding Ltd. shares held
• $150,000,000 (dollar_amount) — value of JD.com Inc. shares held

Forward-Looking Statements

• Central Asset Investments & Management Holdings (HK) Ltd will maintain significant exposure to Chinese tech giants. (Central Asset Investments & Management Holdings (HK) Ltd) — medium confidence, target: Q1 2024
• Alibaba Group Holding Ltd. (BABA) and JD.com Inc. (JD) will remain core holdings in their next 13F filing. (Alibaba Group Holding Ltd., JD.com Inc.) — medium confidence, target: Q1 2024

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• 13fSep2025.html (INFORMATION TABLE)
• 13fSep2025.xml (INFORMATION TABLE) — 25KB
• 0001583672-25-000005.txt ( ) — 28KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 09-30-2025 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Central Asset Investments & Management Holdings (HK) Ltd Address: 3403 GLOUCESTER TOWER, THE LANDMARK 15 QUEEN'S ROAD CENTRAL HONG KONG , K3   NOT APPLIC Form 13F File Number: 028-15610 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Stephen Yip Title: COO Phone: 852 3105-3878 Signature, Place, and Date of Signing: Stephen Yip Hong Kong ,  K3 11-17-2025 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 60 Form 13F Information Table Value Total: 169,291,125 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] NONE

View Full Filing

View this 13F-HR filing on SEC EDGAR