SEC 13F Intelligence

Managers / Q4 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
$4.8B
Q4 2020
Positions
31
Filings on Record
29
2019–present window
Filed
Feb 11, 2021
original filing

Summary

Tybourne Capital Management (Hk) Ltd reported $4.8B in U.S.-listed holdings across 31 positions for Q4 2020.

Its largest position, FTCHQ, represents 7.1% of the portfolio.

Compared with Q3 2020, the fund opened 6 new positions and exited 4.

Portfolio Metrics

Turnover
+21.2%
vs prior filed quarter
Top-10 Concentration
+57.1%
share of reported value
Largest Position
+7.1%
Farfetch
New / Exited
6 / 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: 86.4%ADR: 11.4%Other: 2.2%
  • Common Stock · 86.4% · $4.2B
  • ADR · 11.4% · $546M
  • Other · 2.2% · $107M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MDBMONGODB INCNEW+805.4K805.4K+$289M$289M
BEKEKE HLDGS INCNEW+3.31M3.31M+$204M$204M
BILLBILL COM HLDGS INCNEW+1.29M1.29M+$176M$176M
SNOWSNOWFLAKE INCNEW+208.3K208.3K+$59M$59M
OLMAOLEMA PHARMACEUTICALS INCNEW+260.0K260.0K+$13M$13M
NBTXNANOBIOTIX SANEW+750.0K750.0K+$12M$12M
NCINO INCADDED+606.6K1.00M+$41M$73M
DISCOVER FINL SVCSSOLD OUT−5.03M0−$291M$0

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

Holdings — Q4 2020

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FTCHQFARFETCH LTDhistory →ORD SH CL A7.11%$342M5.35M
2MELIMERCADOLIBRE INChistory →COM6.48%$311M185.8K
3SESEA LTDhistory →SPONSORD ADS6.14%$295M1.48M
4MDBMONGODB INChistory →CL A6.02%$289M805.4K
5STNESTONECO LTDhistory →COM CL A5.83%$280M3.34M
6SHOPSHOPIFY INChistory →CL A5.64%$271M239.4K
7NOWSERVICENOW INChistory →COM5.41%$260M472.4K
8MSFTMICROSOFT CORPhistory →COM5.38%$258M1.16M
9MTCHMATCH GROUP INC NEWhistory →COM4.63%$222M1.47M
10PYPLPAYPAL HOLDINGS INChistory →COM4.45%$214M913.5K
11XYZSQUARE INChistory →CL A4.36%$210M963.0K
12BEKEKE HLDGS INChistory →SPONSORED ADS4.24%$204M3.31M
13BILLBILL COM HLDGS INChistory →COM3.66%$176M1.29M
14TWLOTWILIO INChistory →CL A3.05%$147M433.0K
15CHWYCHEWY INChistory →CL A2.99%$144M1.60M
16AXPAMERICAN EXPRESS COhistory →COM2.91%$140M1.16M
17ZNTLZENTALIS PHARMACEUTICALS INChistory →COM2.88%$138M2.66M
18METAFACEBOOK INChistory →CL A2.56%$123M449.9K
19VVISA INChistory →COM CL A2.51%$120M550.4K
20ATLASSIAN CORP PLCCL A2.22%$107M455.9K
21PENNPENN NATL GAMING INChistory →COM2.21%$106M1.23M
22AMZNAMAZON COM INChistory →COM2.18%$105M32.2K
23DRAFTKINGS INCCOM CL A1.87%$90M1.93M
24NCINO INCCOM1.51%$73M1.00M
25SNOWSNOWFLAKE INChistory →CL A1.22%$59M208.3K
26INHIBRX INCCOM0.75%$36M1.10M
27BCYCBICYCLE THERAPEUTICS PLChistory →SPONSORED ADS0.73%$35M1.96M
28TSHATAYSHA GENE THERAPIES INChistory →COM SHS0.28%$13M500.0K
29XCUREXICURE INChistory →COM0.27%$13M7.34M
30OLMAOLEMA PHARMACEUTICALS INChistory →COM0.26%$13M260.0K
31NBTXNANOBIOTIX SAhistory →SPONSORED ADS0.26%$12M750.0K

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 ↗.