Platinum Investment Management Ltd.

Institutional manager·CIK 0001256071
Latest Qtr return
+13.4%
SPY latest qtr
+2.7%
Alpha
+10.7ptsvs SPY
Invested
$396.8M
Holdings
89
Trades YTD
0

Performance · Fund vs SPY

Cumulative return · quarterly snapshots
+0%+175%Platinum +79.5%SPY +174.1%Q1 '24Q2 '24Q3 '24Q4 '24

Coverage 98%. 4 quarters of 2024 measured against SPY adj-close benchmark.

EDITORIAL BRIEF · refreshed Jul 2, 2026

Why follow Platinum Investment Management Ltd. right now?

Platinum Investment Management Ltd. reported $397M across 89 positions in its Q1 2026 13F-HR (period ending 2026-03-31). ZTO Express dominates at 12.7% of the portfolio (1,994,127 shares), with Chinese consumer and logistics names — TCOM, DDL, NOAH, PDD — collectively representing meaningful concentration. The top ten holdings span semiconductors (LRCX, AVGO, MU), European consumer (BIRK), and pharma (AZN), indicating geographic and sector breadth beneath the China-heavy apex.

Quarter-on-quarter additions show sharp increases in NFLX (+1,860%), BKNG (+150%), and ELF (+142%), alongside BROS and WING. Q1 2026 delivered +13.4% against SPY's +2.7% (+10.7% alpha), though prior quarters recorded significant underperformance, including -14.6% in Q3 2025. Past performance is not indicative of future results.

Generated from public SEC filings. Not investment advice.…

Read the full 120-word brief. Pro members get the complete editorial analysis on every curated manager, plus Sunday Pulse + Stock Picks.

Unlock with Pro — $9.99/mo

Top holdings · current snapshot

Source: 13F-HR
01
$ZTO
ZTO EXPRESS CAYMAN INC
Q3 2025: Sold 11.2% (2.25M → 1.99M shares)
12.7%
-12.7%
~$25.17 Mar 2026
02
$TCOM
TRIP COM GROUP LTD
Q3 2025: Sold 19.9% (474.1k → 379.7k shares)
4.8%
-4.7%
~$49.79 Mar 2026
03
$DDL
DINGDONG CAYMAN LTD
Q3 2025: Sold 2.9% (6.68M → 6.49M shares)
4.2%
-1.9%
~$2.57 Mar 2026
04
$LRCX
LAM RESEARCH CORP
Q3 2025: Sold 91.9% (575.4k → 46.4k shares)
2.5%
+48.9%
~$213.66 Mar 2026
05
$BIRK
BIRKENSTOCK HOLDING PLC
Q3 2025: Increased +5.8% (260.0k → 275.0k shares)
2.5%
+0.0%
~$35.83 Mar 2026
06
$NOAH
NOAH HLDGS LTD
Q3 2025: Sold 23.0% (1.29M → 993.6k shares)
2.5%
+0.3%
~$9.90 Mar 2026
07
$AZN
ASTRAZENECA PLC
Held since at least Q1 2024
2.3%
-4.2%
~$193.80 Mar 2026
08
$AVGO
BROADCOM INC
Q3 2025: Sold 87.7% (213.1k → 26.2k shares)
2.0%
+44.4%
~$309.51 Mar 2026
09
$PDD
PDD HOLDINGS INC
Q3 2025: Sold 11.4% (88.5k → 78.4k shares)
2.0%
-1.5%
~$102.18 Mar 2026
10
$MU
MICRON TECHNOLOGY INC
Q3 2025: Sold 95.0% (470.3k → 23.7k shares)
2.0%
+187.4%
~$337.84 Mar 2026
See all 89 holdings · Pro →

Recent trades · Last 90 days

No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.

Convergence · Platinum Investment Management Ltd.

active pattern signal
Pattern 01 · Convergence · all signals →
KR
Kroger Company 15 curated funds · 1 Congress  · 30-day window  · 2026-06-05 – 2026-07-05

Pattern cards reflect public SEC EDGAR and Congressional filing data only. Detection uses filing dates; trade execution dates may differ. Past convergence patterns do not predict future returns. Nothing here is investment advice.

Source data: SEC EDGAR · 13F-HR filings · Performance through 2026-03-31 · Last refreshed 15:48 UTC.