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All-stars Investment LTD

CIK:0001633603
Hedge Fund
$298M AUM
3 holdings
Hong Kong, Hong Kong
Founded:2011
15 employees
Latest filing:Jun 30, 2025

All-Stars Investment Ltd is an institutional investment management firm headquartered in Hong Kong. The firm primarily manages assets for pooled vehicles and institutional clientele, with exposure mainly to global equities and alternative assets. The company is located at Suite 2103, Two Exchange Square, 8 Connaught Place, Central, Hong Kong. It is regulated and files regularly with the SEC, and is recognized for active trading and substantial allocations in Asian emerging markets and technology sectors. Specific employee count is not disclosed, but the firm is likely to be mid-sized, serving institutional clients and high net worth investors.

Investment Strategy

All-Stars Investment Ltd pursues a global equities strategy with particular focus on technology, digital infrastructure, and high-growth companies, predominantly in Asia and emerging markets. The firm leverages fundamental analysis, sector expertise, and active portfolio management to identify undervalued opportunities and participate in market trends, holding concentrated positions such as Full Truck Alliance (YMM), iShares Bitcoin Trust, and PDD Holdings. The investment approach is dynamic and seeks attractive risk-adjusted returns by allocating capital to both listed and private market investments.

Top Buys
Y
YMMFULL TRUCK ALLIANCE CO LTD
-$28.8M
I
IBITISHARES BITCOIN TR
+$7.2M
P
PDDPDD HOLDINGS INC
-$4.9M
Top Sells
Y
YMMFULL TRUCK ALLIANCE CO LTD
-$28.8M
I
IBITISHARES BITCOIN TR
+$7.2M
P
PDDPDD HOLDINGS INC
-$4.9M

Top Holdings

Y
YMMFULL TRUCK ALLIANCE CO LTD
+87.6%$260.9M
I
IBITISHARES BITCOIN TR
+10.3%$30.7M
P
PDDPDD HOLDINGS INC
+2.1%$6.3M

Equity Positions (3)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
Y
YMM
FULL TRUCK ALLIANCE CO LTD87.58%$260.9M22,095,164$8.37$11.81-$28.8M
I
IBIT
ISHARES BITCOIN TR10.29%$30.7M501,000$41.24$61.21+$7.2M
P
PDD
PDD HOLDINGS INC2.13%$6.3M60,500$100.48$104.66-$4.9M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+87.6%
COMMODITY CONTRACTS BROKERS & DEALERS
+10.3%
SERVICES-BUSINESS SERVICES, NEC
+2.1%