Primavera Capital Management Ltd
•CIK: 1686305•Filing: Q4 2025
**Primavera Capital Management Ltd** manages $657M across a focused portfolio of three key positions. The fund exhibits a significant concentration in YUMC, holding a $574.6M stake, which represents approximately 87% of its reported assets. Secondary allocations include XPEV at $67.1M and 9C0A at $15.5M. This structure suggests a highly concentrated, conviction-driven investment approach anchored by its largest single holding.
Total AUM
$657.1M
QoQ Performance
+6.7%
Positions
3
Top 10 Concentration
100.0%
Latest Filing
Q4 2025
Top Holdings Allocation
YUMC
XPEV
YUMC87.4%
XPEV10.2%
9C0A2.4%
📈 Biggest Buys
9C0A
CANGO INC.
+100.0%
2.4% of portfolio
📉 Biggest Sells
No reductions this quarter
Sector Breakdown
Other100.0%
Changes from Q3 2025
↑1 increased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023