Alibaba's Q1 Holdings Surge 50% Led by Xpeng Investment

Alibaba Group Holding Limited, a prominent multinational technology company, has reported a substantial increase in the market value of its first-quarter stock holdings, which rose by 50% compared to the previous quarter. According to the company's 13F filing, Alibaba's total portfolio value reached $8.1 billion as of March 31, 2025, up from $5.4 billion in the prior quarter.

The company's investment portfolio now consists of four stocks, with Xpeng Inc. (XPEV.US) being the largest holding. Alibaba holds approximately 34.87 million shares of Xpeng, valued at around $7.2 billion, which accounts for 82.4% of its investment portfolio. This represents an 8.13% decrease in the number of shares held compared to the previous quarter.

Following Xpeng, Weibo Corporation (WB.US) is the second-largest holding, with Alibaba owning 9 million shares valued at $85.23 million. This holding represents 15.79% of the total portfolio and has remained unchanged from the previous quarter.

The third-largest holding is Perfect Corp. (PERF.US), with Alibaba holding approximately 927,000 shares valued at around $1.73 million. This represents 1.55% of the total portfolio, marking a 68.87% decrease in the number of shares held compared to the previous quarter.

Notably, Alibaba has completely exited its position in ZTO Express (Cayman) Inc. (BEST.US) during the first quarter. This move indicates a strategic shift in the company's investment strategy, potentially focusing more on technology and innovation sectors.

The increase in the market value of Alibaba's holdings reflects a bullish outlook on the technology and innovation sectors, particularly in electric vehicles and social media platforms. The company's decision to exit its position in ZTO Express suggests a reallocation of resources towards more promising investment opportunities. This strategic move aligns with Alibaba's broader vision of driving innovation and growth in the technology sector.