SEC 13F Intelligence

Managers / Q1 2023 · 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
$993M
Q1 2023
Positions
49
Filings on Record
29
2019–present window
Filed
May 15, 2023
original filing

Summary

Tybourne Capital Management (Hk) Ltd reported $993M in U.S.-listed holdings across 49 positions for Q1 2023.

Its largest position, Canadian Pacific Railway Ltd Cp US, represents 8.9% of the portfolio.

Compared with Q4 2022, the fund opened 17 new positions and exited 3.

Portfolio Metrics

Turnover
+16.6%
vs prior filed quarter
Top-10 Concentration
+66.1%
share of reported value
Largest Position
+8.9%
Canadian Pacific Railway Ltd Cp US
New / Exited
17 / 3
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: 65.2%Other: 17.7%ADR: 17.1%
  • Common Stock · 65.2% · $647M
  • Other · 17.7% · $176M
  • ADR · 17.1% · $170M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LINDE PLC (LIN US)NEW+185.3K185.3K+$66M$66M
ONON SEMICONDUCTOR (ON US)NEW+16.0K16.0K+$1M$1M
ZGZILLOW GROUP INC - A (ZG US)NEW+24.9K24.9K+$1M$1M
DUOLDUOLINGO (DUOL US)NEW+6.2K6.2K+$884,771$884,771
EAELECTRONIC ARTS INC (EA US)NEW+6.8K6.8K+$822,192$822,192
SPOTIFY TECHNOLOGY SA (SPOT US)NEW+6.1K6.1K+$813,612$813,612
QCOMQUALCOMM INC (QCOM US)NEW+6.2K6.2K+$784,872$784,872
DISWALT DISNEY CO/THE (DIS US)NEW+7.8K7.8K+$779,612$779,612

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

Holdings — Q1 2023

41 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CANADIAN PACIFIC RAILWAY LTD (CP US)COM8.85%$88M1.14M
2MSFTMICROSOFT CORP (MSFT US)history →COM8.81%$88M303.5K
3AMZNAMAZON.COM INC (AMZN US)history →COM7.39%$73M710.7K
4VVISA INC-CLASS A SHARES (V US)history →COM CL A7.36%$73M324.2K
5LINDE PLC (LIN US)SHS6.63%$66M185.3K
6SPGIS&P GLOBAL INC (SPGI US)history →COM6.57%$65M189.2K
7MLB1MERCADOLIBRE INC (MELI US)history →COM6.57%$65M49.5K
8BEKEKE HOLDINGS INC-ADR (BEKE US)history →SPONSORED ADS4.99%$50M2.63M
9METAMETA PLATFORMS INC-CLASS A (META US)history →CL A4.51%$45M211.6K
10IQVIQVIA HOLDINGS INC (IQV US)history →COM4.46%$44M222.6K
11SESEA LTD-ADR (SE US)history →SPONSORD ADS4.28%$43M491.7K
12HTHTH WORLD GROUP LTD-ADR (HTHT US)history →SPONSORED ADS4.11%$41M832.9K
13BCYCBICYCLE THERAPEUTICS LTD-ADR (BCYC US)history →SPONSORED ADS3.02%$30M1.41M
14SHOPSHOPIFY INC - CLASS A (SHOP US)history →CL A2.99%$30M620.2K
15LRCXEURLAM RESEARCH CORP (LRCX US)history →COM2.98%$30M55.8K
16ZNTLZENTALIS PHARMACEUTICALS INC (ZNTL US)history →COM2.83%$28M1.63M
17NVDANVIDIA CORP (NVDA US)history →COM2.72%$27M97.2K
18MDBMONGODB INC (MDB US)history →CL A2.36%$23M100.6K
19STONECO LTD-A (STNE US)COM CL A2.12%$21M2.20M
20TXNTEXAS INSTRUMENTS INC (TXN US)history →COM1.70%$17M91.0K
21TWLOTWILIO INC - A (TWLO US)history →CL A1.60%$16M237.9K
22SNOWSNOWFLAKE INC-CLASS A (SNOW US)history →CL A1.36%$14M87.7K
23LIANYLIANBIO-ADR (LIAN US)SPONSORED ADS0.65%$6M3.30M
24ONON SEMICONDUCTOR (ON US)COM0.13%$1M16.0K
25TSHATAYSHA GENE THERAPIES INC (TSHA US)COM SHS0.12%$1M1.50M
26ZGZILLOW GROUP INC - A (ZG US)CL A0.11%$1M24.9K
27DUOLDUOLINGO (DUOL US)CL A COM0.09%$884,7716.2K
28EAELECTRONIC ARTS INC (EA US)COM0.08%$822,1926.8K
29SPOTIFY TECHNOLOGY SA (SPOT US)SHS0.08%$813,6126.1K
30QCOMQUALCOMM INC (QCOM US)COM0.08%$784,8726.2K
31DISWALT DISNEY CO/THE (DIS US)COM0.08%$779,6127.8K
32XYZBLOCK INC (SQ US)CL A0.08%$768,19411.2K
33OPENOPENDOOR TECHNOLOGIES INC (OPEN US)COM0.06%$553,715314.6K
34IMXIINTERNATIONAL MONEY EXPRESS (IMXI US)COM0.05%$501,24119.4K
35ASML HOLDING NV-NY REG SHS (ASML US)N Y REGISTRY SHS0.04%$422,721621
36AKXANSYS INC (ANSS US)COM0.04%$415,6671.2K
37TSMTAIWAN SEMICONDUCTOR-SP ADR (TSM US)SPONSORED ADS0.03%$300,6413.2K
38ETSYETSY INC (ETSY US)COM0.03%$264,7432.4K
39CPNGCOUPANG INC (CPNG US)CL A0.02%$156,9289.8K
40JDJD.COM INC-ADR (JD US)SPON ADR CL A0.01%$108,8912.5K
41KANZHUN LTD - ADR (BZ US)SPONSORED ADS0.01%$97,1105.1K

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 ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • ZAHEDI CAPITAL MANAGEMENT LP

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 ↗.