Alibaba's Q1 holdings market value increased by 50% quarter-on-quarter, with XPeng as the largest holding, and completely liquidated its position in Best Inc

According to the disclosure by the U.S. Securities and Exchange Commission (SEC), Alibaba submitted its first-quarter U.S. stock holdings report (13F) for the period ending March 31, 2025. In the first quarter, Alibaba's total market value of holdings was $810 million, up from $540 million in the previous quarter, representing a 50% quarter-on-quarter increase. In the third quarter, Alibaba added 0 new stocks to its portfolio, reduced its holdings in 2 stocks, and completely exited 1 stock. Alibaba currently holds a total of 4 stocks. XPeng ranks first, with approximately 34.87 million shares, a market value of about $720 million, accounting for 82.4% of the portfolio, with a decrease of 8.13% in the number of shares compared to the previous quarter. Weibo ranks second, with 9 million shares, a market value of $85.23 million, accounting for 15.79% of the portfolio, with no change in the number of shares compared to the previous quarter. Wanmei ranks third, with approximately 927,000 shares, a market value of about $1.73 million, accounting for 1.55% of the portfolio, with a decrease of 68.87% in the number of shares compared to the previous quarter. In addition, Alibaba completely exited Best Inc. in the first quarter