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Oaktree Capital Sells Off JD.com, Baidu in 2Q, Adds Stakes in KE Holdings
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Oaktree Capital, a U.S. asset management company, submitted its 13F filing to the U.S. Securities and Exchange Commission, revealing significant adjustments to its Chinese ADR portfolio in 2Q25.

The fund entirely sold off several stocks including JD.com (JD.US), Bilibili (BILI.US), and Baidu (BIDU.US), while making a first-time purchase of Full Truck Alliance (YMM.US) and increasing its holdings in Kanzhun (BZ.US) and KE Holdings (BEKE.US).

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Among the six Chinese ADRs sold off, JD.com and Baidu were previously among the top ten holdings of Oaktree Capital.
AASTOCKS Financial News
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