Neil Shen 13F Holdings
HongShan (Sequoia China). Top VC in China, Sequoia legacy. Neil Shen is consistently ranked as one of the world's best venture capitalists. He is famous for early investments in Alibaba, ByteDance, and Meituan, shaping the modern Chinese internet landscape.
As of the latest Q1 2026 filing, Neil Shen (managing HongShan (Sequoia China)) reported a public portfolio value of $1.6B with 20 positions. The top recent buy was PYAIF. The top recent sell was PYAIF.
Open interactive portfolioNeil Shen 13F portfolio overview
Neil Shen's Q1 2026 13F holdings show HongShan (Sequoia China) reporting 20 positions with a disclosed portfolio value of $1.6B. For readers searching Neil Shen 13F holdings, Neil Shen portfolio, or HongShan (Sequoia China) holdings, the latest top holdings include PDD, KE HLDGS, PONY AI, FUTU HLDGS, and WEBULL.
The three largest reported positions add up to roughly 83.2%, which helps readers judge portfolio concentration rather than just headline AUM. The largest reported sector exposure is Consumer Discretionary at 70.3% of the disclosed portfolio. This makes the page useful for comparing the manager's actual disclosed exposure with market narratives around the same names.
The latest change data highlights reported buys such as PONY AI, CIRCLE INTERNET GROUP, and YIMUTIAN and reported reductions or exits such as PONY AI. Those changes should be read as historical disclosure signals, not as real-time trade alerts.
The filing metadata lists report date 2026-03-31, filing date 2026-05-15, SEC accession 0001193125-26-226714. SEC 13F reports are normally published up to 45 days after quarter end, so the data is best used to understand institutional positioning after the fact rather than to infer today's exact portfolio.
Top reported holdings
| Holding | Reported value | Weight | Quarter change |
|---|---|---|---|
| PDD whale holders PDD HOLDINGS INC | $1.14B | 70.3% | Held |
| BEKE whale holders KE HLDGS INC | $107.6M | 6.6% | Held |
| PYAIF whale holders PONY AI INC | $100.1M | 6.2% | New |
| FUTU whale holders FUTU HLDGS LTD | $65.4M | 4.0% | Held |
| BULLW whale holders WEBULL CORP | $55.2M | 3.4% | Held |
| CRCL whale holders CIRCLE INTERNET GROUP INC | $48.7M | 3.0% | Increased |
| BZ whale holders KANZHUN LIMITED | $27.8M | 1.7% | Held |
| DDL whale holders DINGDONG CAYMAN LTD | $26.3M | 1.6% | Held |
| AVBP whale holders ARRIVENT BIOPHARMA INC | $14.0M | 0.9% | Held |
| COE whale holders 51TALK ONLINE EDUCATION GROU | $7.8M | 0.5% | Held |
Top buys
- PYAIF whale holders — PONY AI INC ($100.1M)
- CRCL whale holders — CIRCLE INTERNET GROUP INC ($48.7M)
- YMT whale holders — YIMUTIAN INC ($543.8K)
Top sells
- PYAIF whale holders — PONY AI INC ($109.3M)
Allocation
- Consumer Discretionary: 70.3%
- Other: 24.7%
- Communication Services: 3.0%
- Health Care: 1.2%
- Information Technology: 0.6%
- Industrials: 0.1%
Data notes
Report date: 2026-03-31
Disclosure source: SEC 13F
13F filings are delayed public disclosures and do not include every asset class, short positions, or real-time trades.
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Frequently asked questions
What is Neil Shen buying?
The latest tracked change data for Neil Shen highlights reported buys such as PONY AI, CIRCLE INTERNET GROUP, and YIMUTIAN. Because 13F data is historical, use it as a research trail rather than a live trade alert.
Neil Shen 13F portfolio
The Q1 2026 SEC 13F profile for Neil Shen and HongShan (Sequoia China) shows 20 reported positions, $1.6B in disclosed portfolio value, and top holdings including PDD, KE HLDGS, PONY AI, FUTU HLDGS, and WEBULL.
HongShan (Sequoia China) holdings
HongShan (Sequoia China) holdings are summarized from public disclosures with reported values, weights, top buys, top sells, and filing metadata where available.
How delayed is Neil Shen's 13F data?
SEC Form 13F requires institutional investment managers with $100M+ in US equities to disclose their holdings quarterly. Read our comprehensive 13F guide.