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Persistent Asset Partners LTD

CIK:0002056052
Hedge Fund
$155M AUM
180 holdings
Hong Kong, Hong Kong
Founded:2002
25 employees
Latest filing:Jun 30, 2025

Persistent Asset Partners Limited is a Hong Kong-based hedge fund management firm founded in 2002. It is recognized as a pioneer and one of the largest discretionary allocators in Asia, serving institutional investors and high-net-worth clients. The firm focuses on diverse investment strategies and has developed a strong regional presence.

Investment Strategy

Persistent Asset Partners Limited employs a multi-strategy and discretionary allocation approach, investing across global equities, alternatives, and innovative vehicles such as SP portfolios. Its philosophy emphasizes active management, sector diversification, and opportunistic allocation to achieve superior risk-adjusted returns for institutional and sophisticated clients.

Latest 13F Filing Activity

Persistent Asset Partners LTD filed their most recent 13F report on Jun 30, 2025 disclosing 115 equity positions and 2 options positions with a total 13F market value of $135M. The fund increased holdings in Humana Inc., Soleno Therapeutics Inc., Encompass Health Corp. among other positions. Persistent Asset Partners LTD reduced exposure to Centene Corp. Del, Unitedhealth Group Inc., Regeneron Pharmaceuticals among others.

Top Buys
H
HUMHUMANA INC
+$4.1M
S
SLNOSOLENO THERAPEUTICS INC
+$3.9M
E
EHCENCOMPASS HEALTH CORP
+$3.6M
A
AMGNAMGEN INC
+$3.4M
T
THCTENET HEALTHCARE CORP
+$2.2M
Top Sells
C
CNCCENTENE CORP DEL
-$10.3M
U
UNHUNITEDHEALTH GROUP INC
-$4.9M
R
REGNREGENERON PHARMACEUTICALS
-$3.7M
C
CONCONCENTRA GROUP HOLDINGS PAR
-$2.4M
C
CVSCVS HEALTH CORP
-$2.3M

Top Holdings

I
IBITISHARES BITCOIN TRUST ETF
+4.4%$5.9M
S
SLNOSOLENO THERAPEUTICS INC
+4.1%$5.5M
H
HUMHUMANA INC
+3.6%$4.9M
P
PNTGPENNANT GROUP INC
+3.1%$4.2M
E
EHCENCOMPASS HEALTH CORP
+2.7%$3.6M

Equity Positions (115)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
ISHARES BITCOIN TRUST ETF4.40%$5.9M97,000$46.81$61.21-$1.1M
SOLENO THERAPEUTICS INC4.06%$5.5M65,319$71.05$83.78+$3.9M
HUMANA INC3.64%$4.9M20,069$245.94$244.48+$4.1M
PENNANT GROUP INC3.10%$4.2M139,906$26.49$29.85-$79.4K
ENCOMPASS HEALTH CORP2.66%$3.6M29,226$122.63$122.63+$3.6M

Options Positions (2)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
MEREO BIOPHARMA GROUP PLCNew
Call
$243.9K30$2.71$2.71+30.35+$243.9K
ELI LILLY & CONew
Call
$1.6K0$779.53$779.52+0.23+$1.6K

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+17.1%
HOSPITAL & MEDICAL SERVICE PLANS
+11.7%
STATE COMMERCIAL BANKS
+7.7%
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
+3.9%
SERVICES-MEDICAL LABORATORIES
+3.4%