Vault-13

Boundless Plain Holdings Ltd

HONG KONG, K3 · CIK 2108192 · 13F filing filed 2026-05-12

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$303.7m reported value -3.2% vs Q4 2025
22positions
88.0%in top 10
4 new 3 added 2 reduced 1 sold out vs Q4 2025

This report includes the holdings of 1 other manager that shares the investment decisions:

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 PDD HOLDINGS INC SPONSORED ADS PDD PDD 1,294,753 $132.3m43.57% 43.57% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 1.3m, Q1 2026 1.3m
2 TESLA INC COM TSLA TSLA 67,359 $25.0m8.25% 8.25% AddedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 45.2k, Q1 2026 67.4k +22.2k +22,188 49.1%
3 NVIDIA CORPORATION COM NVDA NVDA 128,675 $22.4m7.39% 7.39% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 128.7k, Q1 2026 128.7k
4 DINGDONG CAYMAN LTD ADS DDL DDL 7,989,001 $20.5m6.76% 6.76% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 8.0m, Q1 2026 8.0m
5 WATERDROP INC ADS WDH WDH 11,485,432 $18.3m6.02% 6.02% ReducedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 11.5m, Q1 2026 11.5m -59.9k -59,930 -0.5%
6 BITMINE IMMERSION TECNOLOGIE COM NEW BMNR BMNR 675,176 $13.4m4.40% 4.40% AddedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 622.9k, Q1 2026 675.2k +52.3k +52,303 8.4%
7 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM TSM 33,480 $11.3m3.73% 3.73% NewShares held: Q2 2025 —, Q3 2025 —, Q4 2025 0, Q1 2026 33.5k
8 BLOOM ENERGY CORP COM CL A BE BE 72,128 $9.8m3.22% 3.22% AddedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 64.2k, Q1 2026 72.1k +8.0k +7,950 12.4%
9 ZKH GROUP LTD SPONSORED ADS ZKH ZKH 2,397,979 $7.1m2.34% 2.34% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 2.4m, Q1 2026 2.4m
10 ALPHABET INC CAP STK CL A GOOGL GOOGL 24,500 $7.0m2.32% 2.32% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 24.5k, Q1 2026 24.5k
11 CLEANSPARK INC COM NEW CLSK CLSK 734,587 $6.3m2.06% 2.06% NewShares held: Q2 2025 —, Q3 2025 —, Q4 2025 0, Q1 2026 734.6k
12 SHARPLINK INC COM NEW SBET SBET 911,609 $5.9m1.94% 1.94% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 911.6k, Q1 2026 911.6k
13 CITIGROUP INC COM NEW C C 37,944 $4.3m1.41% 1.41% NewShares held: Q2 2025 —, Q3 2025 —, Q4 2025 0, Q1 2026 37.9k
14 FULL TRUCK ALLIANCE CO LTD SPONSORED ADS YMM YMM 510,383 $4.2m1.38% 1.38% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 510.4k, Q1 2026 510.4k
15 KANZHUN LIMITED SPONSORED ADS BZ BZ 281,563 $3.8m1.24% 1.24% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 281.6k, Q1 2026 281.6k
16 MICROSTRATEGY INC CL A NEW MSTR MSTR 30,000 $3.7m1.23% 1.23% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 30.0k, Q1 2026 30.0k
17 BANK AMERICA CORP COM BAC BAC 52,636 $2.6m0.84% 0.84% NewShares held: Q2 2025 —, Q3 2025 —, Q4 2025 0, Q1 2026 52.6k
18 URANIUM ENERGY CORP COM UEC UEC 178,500 $2.4m0.79% 0.79% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 178.5k, Q1 2026 178.5k
19 ENERGY FUELS INC COM NEW UUUU UUUU 109,769 $2.0m0.66% 0.66% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 109.8k, Q1 2026 109.8k
20 BULLISH ORD SHS BLSH BLSH 21,978 $785.3k0.26% 0.26% ReducedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 134.4k, Q1 2026 22.0k -112.4k -112,411 -83.7%
21 SUPERX AI TECHNOLOGY LTD USD ORD SHS NEW SUPX SUPX 53,897 $431.2k0.14% 0.14% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 53.9k, Q1 2026 53.9k
22 NUSCALE PWR CORP CL A COM SMR SMR 17,605 $190.8k0.06% 0.06% UnchangedShares held: Q2 2025 —, Q3 2025 —, Q4 2025 17.6k, Q1 2026 17.6k

Sold out since Q4 2025

SecurityTickerShares held beforeValue then
ROBINHOOD MKTS INC HOOD HOOD 69,382 $7.8m69.4k shares