HedgeMountain

All-Stars Investment Limited

Hong Kong, Hong Kong · CRD 292840
Hedge fund managerExempt reporting

All-Stars Investment Limited is an exempt reporting adviser based in Hong Kong, Hong Kong that reports managing 1 hedge fund on Form ADV. Its private funds, of all types, hold $766.8 million in gross assets. Its disclosed U.S. stock holdings returned an estimated -25.3% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated -2.8% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
—Form ADV Item 5.F
Gross assets of private funds
$766.8 millionAll private fund types, Form ADV
Hedge funds managed
16 private funds in total
Employees
—Form ADV Item 5.A
Registration
Exempt reporting adviserCRD 292840
Latest Form ADV
03/26/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD-25.3%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return-2.8%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$199.2 million11 positions, 2026-06-30
$97$128$159Q3 2024Q1 2025Q3 2025Q1 202613F est. $97S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026-3.3%+14.8%
Q1 2026-22.7%-4.6%
Q4 2025-18.1%+2.4%
Q3 2025+9.8%+7.8%
Q2 2025-4.9%+10.4%
Q1 2025+15.5%-4.5%
Q4 2024+18.6%+2.1%
Q3 2024+11.2%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Full Truck Alliance Co LTD$178.2 million
  • Ishares Bitcoin Trust$9.1 million
  • Ishares Ethereum TR SHS$3.8 million
  • Alphabet, Inc Non-voting Class$3.2 million
  • Broadcom Inc$812,162
  • Amazon Com Inc Com$810,356
  • Nvidia Corp$800,360
  • Taiwan Semiconductor MFG LTD Sponsored ADS$764,112
  • Alibaba Group Holding Limited$643,066
  • Alphabet, Inc Voting Class$571,792

As of 2026-06-30, from 13F filing by All-Stars Investment Ltd.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures