On February 17, 2026, HHLR Advisors reported selling 1,607,930 shares of Futu Holdings (NASDAQ:FUTU), an estimated $276.00 million transaction based on quarterly average 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 value calculated at $276.00 million based on the average closing price during the quarter. The quarter-end value of the stake decreased by $295.45 million, a figure that reflects both the sale and movement in the stock’s price.

The sale reduced Futu's weight in the portfolio to 8.63% of reportable AUM, down from 17.52% the previous quarter.

Top holdings after the filing:

NASDAQ: PDD: $1.22 billion (39.2% of AUM)

NYSE: BABA: $795.98 million (25.6% of AUM)

NASDAQ: ONC: $314.23 million (10.1% of AUM)

NASDAQ: FUTU: $267.70 million (8.6% of AUM)

NASDAQ: LEGN: $130.10 million (4.2% of AUM)

As of Thursday, FUTU shares were priced at $138.59, up 21% over the past year and solidly outperforming the S&P 500’s roughly 16% gain in the same 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, margin financing, and wealth management product distribution through Futubull and Moomoo platforms, as well as market data and community features.

The firm generates revenue primarily from brokerage commissions, margin lending, and distribution of wealth management products, leveraging a scalable, technology-driven platform.

It serves retail and institutional investors in Hong Kong and international markets seeking online access to securities trading and wealth management solutions.

Futu Holdings is a leading digital brokerage and wealth management platform headquartered in Hong Kong, serving a broad client base across Asia and globally. The company differentiates itself through its integrated technology ecosystem, offering seamless trading, financial information, and community engagement. Futu's scalable platform and diversified revenue streams position it competitively in the rapidly evolving financial services sector.

Futu is still firing on nearly every cylinder. The business delivered explosive growth last year, with revenue climbing to roughly $2.9 billion and net income more than doubling to about $1.45 billion. The platform continues to scale rapidly, with funded accounts up nearly 40% and client assets surging 66% to surpass HK$1 trillion, signaling deepening engagement across markets.In other words, this is not a case of fundamentals deteriorating. Before the sale, this was one of the largest holdings in the portfolio, sitting alongside concentrated bets in major Chinese internet names. And even after the trim, it remains a top position. That suggests the conviction is still there, just recalibrated.Ultimately, high-growth fintech platforms can compound quickly, but they also become outsized risks if left unchecked. Trimming into strength allows investors to lock in gains while maintaining exposure to a business that, in this case, is still scaling globally.

Before you buy stock in Futu, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Futu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $510,710!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,105,949!*

Now, it’s worth noting Stock Advisor’s total average return is 929% — a market-crushing outperformance compared to 186% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of March 19, 2026.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends BeOne Medicines Ag. The Motley Fool recommends Alibaba Group and Legend Biotech. The Motley Fool has a disclosure policy.

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 was originally published by The Motley Fool