GuruTrack

China ADRs Hub

U.S.-listed Chinese stocks — who's buying, who's selling, and how hard, this quarter

Summary
This quarter 9 China ADRs were net-bought and 7 net-sold by tracked gurus — overall net selling $2.00B. Most bought: XPENG INC - ADR; most sold: ALIBABA GROUP HOLDING-SP ADR. Zhang Lei trimmed PDD HOLDINGS INC −88%. Updated daily.
Smart money in China ADRs · this quarter (13F)25Q225Q325Q426Q126Q2
9bought
7sold
Top boughtXPEVXPEVXPENG INC - ADR+$49.08M
Most soldBABABABAALIBABA GROUP HOLDING-SP ADR−$645.74M
1XPEVXPEVXPENG INC - ADR
3 buy1 sell
+$49.08M
2LEGNLEGNLEGEND BIOTECH CORP-ADR
1 buy4 sell
+$24.31M
3TIGRTIGRUP FINTECH HOLDING LTD - ADR
5 buy
+$16.35M
4BILIBILIBILIBILI INC-SPONSORED ADR
3 buy1 sell
+$7.81M
5BIDUBIDUBAIDU INC - SPON ADR
3 buy4 sell
+$4.68M
6YUMCYUMCYUM CHINA HOLDINGS INC
3 buy1 sell
−$6.82M
7BEKEBEKEKE HOLDINGS INC-ADR
3 buy2 sell
−$19.45M
8LILILI AUTO INC - ADR
2 buy1 sell
−$33.77M
Updated daily · as of 2026-09-28
Broad gainsChina ADRs today
avg +0.78%
12
advancing
5
declining

This quarter's biggest moves

Largest single rebalances by tracked gurus

Zhang Lei trimmed PDD HOLDINGS INC −88%

trimmed$387.44M

Li Lu added to PDD HOLDINGS INC +134%, now 22% of the book

added to$350.01M

Zhang Lei sold out of BEONE MEDICINES LTD-ADR

sold out of$307.16M

Zhang Lei trimmed ALIBABA GROUP HOLDING-SP ADR −93%

trimmed$290.18M

Greenwoods Asset Management trimmed NETEASE INC-ADR −81%

trimmed$280.12M

Renaissance Technologies sold out of PDD HOLDINGS INC

sold out of$113.70M

David Tepper sold out of PDD HOLDINGS INC

sold out of$91.96M

Renaissance Technologies sold out of FUTU HOLDINGS LTD-ADR

sold out of$91.77M

Consensus vs. conviction

Consensus holds
Held by the most gurus
1PDDPDDPDD HOLDINGS INC8 gurus
2BABABABAALIBABA GROUP HOLDING-SP ADR8 gurus
3NTESNTESNETEASE INC-ADR7 gurus
4JDJDJD.COM INC-ADR7 gurus
5BIDUBIDUBAIDU INC - SPON ADR6 gurus
6FUTUFUTUFUTU HOLDINGS LTD-ADR6 gurus
7TCOMTCOMTRIP.COM GROUP LTD-ADR6 gurus
8YUMCYUMCYUM CHINA HOLDINGS INC5 gurus
Highest conviction
Biggest weight in a single guru's book
Li Lu
PDD PDD HOLDINGS INC
22%
Zhang Lei
LEGN LEGEND BIOTECH CORP-ADR
21%
Zhang Lei
FUTU FUTU HOLDINGS LTD-ADR
20%
Greenwoods Asset Management
PDD PDD HOLDINGS INC
17%
Baker Bros. Advisors
ONC BEONE MEDICINES LTD-ADR
13%
Duan Yongping
PDD PDD HOLDINGS INC
10%

Chinese investing legends' moves

China-ADR holdings vs. last quarter

Li Lu
Holds2China ADRs$875.89M
Add 1
Duan Yongping
Holds2China ADRs↑1$1.94B
New 1Add 1
Zhang Lei
Holds6China ADRs$431.10M
New 1Add 1Trim 3Sold 1
Greenwoods Asset Management
Holds4China ADRs↓1$497.78M
Add 1Trim 3Sold 1

ARK vs. gurus

Where ARK and 13F gurus move the same ADR differently

BIDUBIDUBAIDU INC - SPON ADRARK sellinggurus 3↑/4↓diverging
FUTUFUTUFUTU HOLDINGS LTD-ADRARK buyinggurus 6↑/2↓diverging
BABABABAALIBABA GROUP HOLDING-SP ADRARK buyinggurus 4↑/5↓diverging

Price moves + guru reaction

Is smart money buying the move?

NIONIONUVEEN INSD MUN OPPORTUNITY2↑/2↓-17.8%
XPEVXPEVXPENG INC - ADR3↑/1↓-13.7%
TCOMTCOMTRIP.COM GROUP LTD-ADR1↑/5↓-12.0%
BIDUBIDUBAIDU INC - SPON ADR3↑/4↓-10.5%
FUTUFUTUFUTU HOLDINGS LTD-ADR6↑/2↓-9.6%
BILIBILIBILIBILI INC-SPONSORED ADR3↑/1↓-8.8%
YUMCYUMCYUM CHINA HOLDINGS INC3↑/1↓-8.7%
BABABABAALIBABA GROUP HOLDING-SP ADR4↑/5↓-8.5%
PDDPDDPDD HOLDINGS INC3↑/7↓-8.4%
TIGRTIGRTIGERLOGIC CORPORATION5↑/0↓-7.8%

ARK's recent China trades

BIDUBIDUBAIDU INC - SPON ADRARKQTrim2026-09-25
BIDUBIDUBAIDU INC - SPON ADRARKQTrim2026-09-23
FUTUFUTUFUTU HOLDINGS LTD-ADRARKFAdd2026-09-21
BABABABAALIBABA GROUP HOLDING-SP ADRARKFAdd2026-09-21
BIDUBIDUBAIDU INC - SPON ADRARKQAdd2026-09-18
FUTUFUTUFUTU HOLDINGS LTD-ADRARKFAdd2026-09-17
BABABABAALIBABA GROUP HOLDING-SP ADRARKFAdd2026-09-17
BIDUBIDUBAIDU INC - SPON ADRARKQAdd2026-09-09
BIDUBIDUBAIDU INC - SPON ADRARKQTrim2026-09-04
BIDUBIDUBAIDU INC - SPON ADRARKQTrim2026-09-01
BIDUBIDUBAIDU INC - SPON ADRARKQAdd2026-08-28
FUTUFUTUFUTU HOLDINGS LTD-ADRARKFAdd2026-08-20

Related boards

Market Sentiment52-week highs/lowsBillionairesARK daily holdings

Data delay: 13F filings lag up to ~45 days and cover only some long positions. For research only.

Public SEC 13F filings may appear up to 45 days after quarter-end; STOCK Act / OGE trade filings are generally due within 45 days but may be late. Partial data only — research, not investment advice.