| Fund Name: | Alpine Investment Management |
| Manager | Tong Song |
| Portfolio Value | $384,392,997 |
| Change This QTR | +1.30% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | Pinduoduo Inc.CALL | PDD | 8,350 | $94,680,650 | -38% | 24.63% | |
| 2. | YMM | 7,444,800 | $79,882,704 | +87% | 20.78% | ||
| 3. | BABA | 2,750 | $40,309,500 | NEW | 10.49% | ||
| 4. | PDD | 306,198 | $34,719,791 | NEW | 9.03% | ||
| 5. | JOYY | 496,300 | $32,140,388 | -14% | 8.36% |