This Fintech Stock Is Up 21% in a Year as Profits Surge, but One Fund's Nearly $300 Million Sale Cut Its Stake in Half

1 day ago 6

Jonathan Ponciano, The Motley Fool

Thu, March 19, 2026 astatine 10:49 AM CDT 4 min read

On February 17, 2026, HHLR Advisors reported selling 1,607,930 shares of Futu Holdings (NASDAQ:FUTU), an estimated $276.00 cardinal transaction based connected quarterly mean pricing.

According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, HHLR Advisors sold 1,607,930 shares of Futu Holdings, with the estimated transaction worth calculated astatine $276.00 cardinal based connected the mean closing terms during the quarter. The quarter-end worth of the involvement decreased by $295.45 million, a fig that reflects some the merchantability and question successful the stock’s price.

The merchantability reduced Futu's value successful the portfolio to 8.63% of reportable AUM, down from 17.52% the erstwhile quarter.
Top holdings aft the filing:
- NASDAQ: PDD: $1.22 cardinal (39.2% of AUM)
- NYSE: BABA: $795.98 cardinal (25.6% of AUM)
- NASDAQ: ONC: $314.23 cardinal (10.1% of AUM)
- NASDAQ: FUTU: $267.70 cardinal (8.6% of AUM)
- NASDAQ: LEGN: $130.10 cardinal (4.2% of AUM)
As of Thursday, FUTU shares were priced astatine $138.59, up 21% implicit the past twelvemonth and solidly outperforming the S&P 500’s astir 16% summation successful the aforesaid period.

Metric

Value

Price (as of Thursday)	$138.59
Market capitalization	$19.3 billion
Revenue (TTM)	$2.67 billion
Net income (TTM)	$1.26 billion

Futu Holdings offers digitalized securities brokerage, borderline financing, and wealthiness absorption merchandise organisation done Futubull and Moomoo platforms, arsenic good arsenic marketplace information and assemblage features.
The steadfast generates gross chiefly from brokerage commissions, borderline lending, and organisation of wealthiness absorption products, leveraging a scalable, technology-driven platform.
It serves retail and organization investors successful Hong Kong and planetary markets seeking online entree to securities trading and wealthiness absorption solutions.

Futu Holdings is simply a starring integer brokerage and wealthiness absorption level headquartered successful Hong Kong, serving a wide lawsuit basal crossed Asia and globally. The institution differentiates itself done its integrated exertion ecosystem, offering seamless trading, fiscal information, and assemblage engagement. Futu's scalable level and diversified gross streams presumption it competitively successful the rapidly evolving fiscal services sector.

Futu is inactive firing connected astir each cylinder. The concern delivered explosive maturation past year, with gross climbing to astir $2.9 cardinal and nett income much than doubling to astir $1.45 billion. The level continues to standard rapidly, with funded accounts up astir 40% and lawsuit assets surging 66% to surpass HK$1 trillion, signaling deepening engagement crossed markets.

In different words, this is not a lawsuit of fundamentals deteriorating. Before the sale, this was 1 of the largest holdings successful the portfolio, sitting alongside concentrated bets successful large Chinese net names. And adjacent aft the trim, it remains a apical position. That suggests the condemnation is inactive there, conscionable recalibrated.

Ultimately, high-growth fintech platforms tin compound quickly, but they besides go outsized risks if near unchecked. Trimming into spot allows investors to fastener successful gains portion maintaining vulnerability to a concern that, successful this case, is inactive scaling globally.

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