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XY Capital LTD

CIK:0001933132
Hedge Fund
$145M AUM
40 holdings
Central, Hong Kong
Founded:2016
Latest filing:Jun 30, 2025

XY Capital Ltd is a Hong Kong and London-based systematic arbitrage proprietary trading firm and asset manager. Founded in 2016, the firm specializes in deploying quantitative researchers, traders, and technologists to develop and operate cutting-edge models and systematic trading strategies to extract alpha from inefficiencies in global markets. XY Capital Group comprises two businesses: XY Prop (proprietary trading) and XY Asset Management, sharing tech, operations, and management teams. The firm serves institutional investors, focusing on markets across APAC and EMEA. Employee count is not publicly disclosed.

Investment Strategy

XY Capital leverages proprietary technology and quantitative expertise to pursue systematic arbitrage and market inefficiency strategies, particularly across APAC and EMEA markets. The firm employs diverse teams—traders, quantitative researchers, and technologists—who collaborate to build trading models and infrastructure, with a focus on extracting alpha from complex market structures and pricing mismatches. The approach emphasizes innovation, rapid implementation, and data-driven decision making.

Latest 13F Filing Activity

XY Capital LTD filed their most recent 13F report on Jun 30, 2025 disclosing 36 equity positions and 2 options positions with a total 13F market value of $145M. The fund increased holdings in Li Auto Inc., Jd.com Inc., Yum China HLDGS Inc. among other positions. XY Capital LTD reduced exposure to Ke HLDGS Inc., Zto Express Cayman Inc., Trip Com Group LTD among others.

Top Buys
L
LILI AUTO INC
+$24.0M
J
JDJD.COM INC
+$13.7M
Y
YUMCYUM CHINA HLDGS INC
+$6.3M
A
AMCRAMCOR PLC
+$4.4M
W
WDSWOODSIDE ENERGY GROUP LTD
+$4.1M
Top Sells
B
BEKEKE HLDGS INC
-$15.2M
Z
ZTOZTO EXPRESS CAYMAN INC
-$11.4M
T
TCOMTRIP COM GROUP LTD
-$6.5M
B
BIDUBAIDU INC
-$4.8M
T
TMTOYOTA MOTOR CORP
-$3.4M

Top Holdings

L
LILI AUTO INC
+16.8%$24.4M
B
BILIBILIBILI INC
+9.6%$14.0M
J
JDJD.COM INC
+9.4%$13.7M
Z
ZLABZAI LAB LTD
+8.7%$12.7M
Z
ZTOZTO EXPRESS CAYMAN INC
+6.4%$9.3M

Equity Positions (36)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
LI AUTO INC16.79%$24.4M900,392$27.07$27.11+$24.0M
BILIBILI INC9.62%$14.0M651,980$19.31$21.45+$2.6M
JD.COM INC9.41%$13.7M419,251$32.64$32.64+$13.7M
ZAI LAB LTD8.72%$12.7M362,627$35.96$34.97+$1.6M
ZTO EXPRESS CAYMAN INC6.39%$9.3M523,338$20.37$17.75-$11.4M

Options Positions (2)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
BERKSHIRE HATHAWAY INC DELSold
Put
$242.9K5$485.77$453.28-112-$6.0M
BERKSHIRE HATHAWAY INC DELSold
Call
$48.6K1$485.77$454.04-102-$5.4M

Industry Allocation

SERVICES-BUSINESS SERVICES, NEC
+13.4%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+5.2%
COMMERCIAL BANKS, NEC
+5.1%
REAL ESTATE AGENTS & MANAGERS (FOR OTHERS)
+5.0%
LIFE INSURANCE
+4.6%