SEC 13F Intelligence

Managers / Q3 2020 · view latest →

TYBOURNE CAPITAL MANAGEMENT (HK) LTD

CIK 0001553936 · SUITES 818-822, 8/F, BANK OF AMERICA, TOWER, 12 HARCOURT ROAD,, HONG KONG, K3, XXXXX · 852-3983-6800

Reported Value
$4.1B
Q3 2020
Positions
29
Filings on Record
29
2019–present window
Filed
Nov 9, 2020
original filing

Summary

Tybourne Capital Management (Hk) Ltd reported $4.1B in U.S.-listed holdings across 29 positions for Q3 2020.

Its largest position, DFSEUR, represents 7.2% of the portfolio.

Compared with Q2 2020, the fund opened 12 new positions and exited 4.

Portfolio Metrics

Turnover
+22.6%
vs prior filed quarter
Top-10 Concentration
+56.8%
share of reported value
Largest Position
+7.2%
Discover Finl Svcs
New / Exited
12 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.2BQ4 ’18Q1 ’19: $2.6BQ2 ’19: $2.8BQ3 ’19: $2.3BQ4 ’19: $2.6BQ4 ’19Q1 ’20: $2.7BQ2 ’20: $3.3BQ3 ’20: $4.1BQ4 ’20: $4.8BQ4 ’20Q1 ’21: $4.6BQ2 ’21: $4.7BQ3 ’21: $4.0BQ4 ’21: $3.4BQ4 ’21Q1 ’22: $1.7BQ2 ’22: $1.4BQ3 ’22: $1.0BQ4 ’22: $1.0BQ4 ’22Q1 ’23: $993MQ2 ’23: $925MQ3 ’23: $716MQ4 ’23: $671MQ4 ’23Q1 ’24: $585MQ2 ’24: $492MQ3 ’24: $357MQ4 ’24: $398MQ4 ’24Q1 ’25: $24MQ2 ’25: $35MQ3 ’25: $31Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 85.2%ADR: 8.7%Other: 6.1%
  • Common Stock · 85.2% · $3.5B
  • ADR · 8.7% · $354M
  • Other · 6.1% · $246M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MSFTMICROSOFT CORPNEW+1.08M1.08M+$228M$228M
UPSUNITED PARCEL SERVICENEW+1.22M1.22M+$204M$204M
STONECO LTDNEW+3.34M3.34M+$177M$177M
SHOPSHOPIFY INCNEW+149.5K149.5K+$153M$153M
TWLOTWILIO INCNEW+579.0K579.0K+$143M$143M
METAFACEBOOK INCNEW+543.9K543.9K+$142M$142M
DKNG1USDDRAFTKINGS INCNEW+1.27M1.27M+$75M$75M
MELCO RESORTS & ENTERT LTDNEW+4.10M4.10M+$68M$68M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2020

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DFSEURDISCOVER FINL SVCShistory →COM7.16%$291M5.03M
2SESEA LTDhistory →SPONSORED ADS6.13%$249M1.61M
3NOWSERVICENOW INChistory →COM6.08%$247M508.6K
4MLB1MERCADOLIBRE INChistory →COM5.73%$233M214.8K
5MSFTMICROSOFT CORPhistory →COM5.62%$228M1.08M
6AXPAMERICAN EXPRESS COhistory →COM5.51%$224M2.23M
7MTCHMATCH GROUP INC NEWhistory →COM5.44%$221M2.00M
8VVISA INChistory →COM CL A5.23%$212M1.06M
9UPSUNITED PARCEL SERVICEhistory →CL B5.02%$204M1.22M
10FTCHQFARFETCH LTDhistory →ORD SH CL A4.93%$200M7.96M
11STONECO LTDCOM CL A4.35%$177M3.34M
12AMZNAMAZON COM INChistory →COM4.27%$173M55.1K
13SHOPSHOPIFY INChistory →CL A3.77%$153M149.5K
14XYZSQUARE INChistory →CL A3.75%$152M937.6K
15TWLOTWILIO INChistory →CL A3.52%$143M579.0K
16METAFACEBOOK INChistory →CL A3.51%$142M543.9K
17PYPLPAYPAL HOLDINGS INChistory →COM3.50%$142M720.6K
18PLNTPLANET FITNESS INChistory →CL A2.77%$112M1.82M
19CHWYCHEWY INChistory →CL A2.25%$91M1.66M
20ZNTLZENTALIS PHARMACEUTICALS INChistory →COM2.15%$87M2.66M
21DKNG1USDDRAFTKINGS INChistory →COM CL A1.84%$75M1.27M
22ATLASSIAN CORP PLCCL A1.71%$69M381.0K
23MELCO RESORTS & ENTERT LTDADR1.68%$68M4.10M
24PENNPENN NATIONAL GAMING INChistory →COM1.32%$53M735.8K
25BCYCBICYCLE THERAPEUTICS LTDhistory →SPONSORED ADS0.92%$37M1.96M
26NCINO INCCOM0.77%$31M394.8K
27INBXUSDINHIBRX INChistory →COM0.49%$20M1.10M
28XCUREXICURE INChistory →COM0.32%$13M7.34M
29TSHATAYSHA GENE THERAPIES INChistory →COM SHS0.28%$11M500.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$31M4Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$35M6Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$24M5May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$398M37Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$357M34Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$492M40Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$585M41May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$671M39Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$716M41Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$925M49Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$993M49May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.0B27Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.0B26Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.4B27Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.7B30May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.4B26Feb 25, 2022RESTATEMENTchanges · EDGAR ↗
Q3 2021$4.0B24Oct 27, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.7B29Jul 22, 202113F-HRchanges · EDGAR ↗
Q1 2021$4.6B32Apr 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$4.8B31Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$4.1B29Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.3B21Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.7B21May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.6B13Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.3B12Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.8B13Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.6B11May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.2B9Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.