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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | Baidu Inc | $8.6M | 77099 | 19.29% |
| 2 | Meta Platforms Inc | $7.0M | 12160 | 15.62% |
| 3 | Las Vegas Sands Corp | $5.5M | 101955 | 12.33% |
| 4 | Pfizer Inc | $4.8M | 170700 | 10.76% |
| 5 | PDD Holdings Inc | $3.9M | 38413 | 8.81% |
| 6 | Amer Sports Inc | $3.6M | 109600 | 8.10% |
| 7 | Advanced Micro Devices Inc | $3.4M | 16700 | 7.63% |
| 8 | State Street SPDR S&P 500 ETF Trust | $3.1M | 4780 | 6.98% |
| 9 | H World Group Ltd | $2.0M | 39000 | 4.40% |
| 10 | JOYY Inc | $1.8M | 30100 | 3.95% |
| 11 | KraneShares CSI China Internet ETF | $946K | 33268 | 2.12% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.