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Alpine Investment Management LTD

CIK:0001964631
Hedge Fund
$331M AUM
8 holdings
Hong Kong, Hong Kong
Founded:2023
Latest filing:Jun 30, 2025

Alpine Investment Management Ltd is an institutional investment manager based in Hong Kong. The firm primarily manages investment portfolios for institutional clients, focusing on public equities and derivative instruments across global markets. It files quarterly 13F reports with the SEC and has reported a Hong Kong address in all recent filings. Further details about its founding year and number of employees are not publicly available.

Investment Strategy

Alpine Investment Management Ltd appears to focus on active management of global public equities and equity derivatives, based on its recent holdings reported on SEC Form 13F. Typical investments include shares and options (both calls and puts) in large-cap US and international technology, e-commerce, and consumer companies. The strategy likely includes both long and short positions, often using derivatives to express tactical views and manage risk.

Latest 13F Filing Activity

Alpine Investment Management LTD filed their most recent 13F report on Jun 30, 2025 disclosing 4 equity positions with a total 13F market value of $331M. The fund increased holdings in PDD Holdings Inc., Full Truck Alliance Co. LTD, Deckers Outdoor Corp. among other positions. Alpine Investment Management LTD reduced exposure to Taiwan Semiconductor MFG LTD, Hello Group Inc., Ermenegildo Zegna N V among others.

Top Buys
P
PDDPDD HOLDINGS INC
+$94.2M
Y
YMMFULL TRUCK ALLIANCE CO LTD
+$54.3M
D
DECKDECKERS OUTDOOR CORP
+$6.7M
Z
ZGNERMENEGILDO ZEGNA N V
-$2.9M
Top Sells
P
PDDPDD HOLDINGS INC
+$94.2M
Y
YMMFULL TRUCK ALLIANCE CO LTD
+$54.3M
T
TSMTAIWAN SEMICONDUCTOR MFG LTD
-$45.6M
M
MOMOHELLO GROUP INC
-$9.8M
D
DECKDECKERS OUTDOOR CORP
+$6.7M

Top Holdings

P
PDDPDD HOLDINGS INC
+28.4%$94.2M
Y
YMMFULL TRUCK ALLIANCE CO LTD
+16.4%$54.3M
Z
ZGNERMENEGILDO ZEGNA N V
+2.2%$7.3M
D
DECKDECKERS OUTDOOR CORP
+2.0%$6.7M

Equity Positions (4)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
PDD HOLDINGS INC28.42%$94.2M900,000$104.66$104.66+$94.2M
FULL TRUCK ALLIANCE CO LTD16.38%$54.3M4,598,038$11.81$11.81+$54.3M
ERMENEGILDO ZEGNA N V2.19%$7.3M850,000$7.94$8.55-$2.9M
DECKERS OUTDOOR CORP2.02%$6.7M65,000$103.07$103.07+$6.7M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+17.6%
FINANCE SERVICES
+5.8%
CONSTRUCTION - SPECIAL TRADE CONTRACTORS
+5.5%