SEC 13F Intelligence

Managers / Q2 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
$925M
Q2 2023
Positions
49
Filings on Record
29
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Tybourne Capital Management (Hk) Ltd reported $925M in U.S.-listed holdings across 49 positions for Q2 2023.

Its largest position, MSFT, represents 9.6% of the portfolio.

Compared with Q1 2023, the fund opened 10 new positions and exited 9.

Portfolio Metrics

Turnover
+19.4%
vs prior filed quarter
Top-10 Concentration
+67.5%
share of reported value
Largest Position
+9.6%
Microsoft Corp Msft US
New / Exited
10 / 9
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: 79.7%ADR: 15.2%Other: 5.0%
  • Common Stock · 79.7% · $738M
  • ADR · 15.2% · $141M
  • Other · 5.0% · $47M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CPCANADIAN PACIFIC KANSAS CITY (CP US)NEW+994.2K994.2K+$80M$80M
ACELYRIN INC (SLRN US)NEW+2.23M2.23M+$47M$47M
DASHDOORDASH INC - A (DASH US)NEW+23.0K23.0K+$2M$2M
COHRCOHERENT CORP (COHR US)NEW+20.9K20.9K+$1M$1M
GLOBAL-E ONLINE LTD (GLBE US)NEW+22.3K22.3K+$911,529$911,529
CRTOCRITEO SA-SPON ADR (CRTO US)NEW+25.1K25.1K+$846,874$846,874
FTCHQFARFETCH LTD-CLASS A (FTCH US)NEW+99.7K99.7K+$602,188$602,188
OKTAOKTA INC (OKTA US)NEW+7.8K7.8K+$540,930$540,930

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

Holdings — Q2 2023

42 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORP (MSFT US)history →COM9.63%$89M261.6K
2AMZNAMAZON.COM INC (AMZN US)history →COM8.75%$81M621.2K
3CPCANADIAN PACIFIC KANSAS CITY (CP US)history →COM8.68%$80M994.2K
4VVISA INC-CLASS A SHARES (V US)history →COM CL A7.31%$68M285.0K
5SPGIS&P GLOBAL INC (SPGI US)history →COM7.20%$67M166.3K
6LINLINDE PLC (LIN US)history →SHS6.68%$62M162.3K
7MELIMERCADOLIBRE INC (MELI US)history →COM5.27%$49M41.2K
8ACELYRIN INC (SLRN US)COM5.04%$47M2.23M
9IQVIQVIA HOLDINGS INC (IQV US)history →COM4.84%$45M199.2K
10BEKEKE HOLDINGS INC-ADR (BEKE US)history →SPONSORED ADS4.08%$38M2.54M
11MDBMONGODB INC (MDB US)history →CL A3.90%$36M87.9K
12BCYCBICYCLE THERAPEUTICS LTD-ADR (BCYC US)history →SPONSORED ADS3.54%$33M1.28M
13HTHTH WORLD GROUP LTD-ADR (HTHT US)history →SPONSORED ADS3.51%$32M837.7K
14LAM RESEARCH CORP (LRCX US)COM3.38%$31M48.7K
15TXNTEXAS INSTRUMENTS INC (TXN US)history →COM3.18%$29M163.3K
16ZNTLZENTALIS PHARMACEUTICALS INC (ZNTL US)history →COM2.93%$27M961.5K
17SESEA LTD-ADR (SE US)history →SPONSORD ADS2.78%$26M443.8K
18STNESTONECO LTD-A (STNE US)history →COM CL A2.63%$24M1.91M
19NVDANVIDIA CORP (NVDA US)history →COM2.09%$19M45.6K
20SHOPSHOPIFY INC - CLASS A (SHOP US)history →CL A1.46%$14M209.4K
21LIANYLIANBIO-ADR (LIAN US)SPONSORED ADS0.81%$8M3.30M
22ZGZILLOW GROUP INC - A (ZG US)CL A0.20%$2M37.2K
23DASHDOORDASH INC - A (DASH US)CL A0.19%$2M23.0K
24XYZBLOCK INC (SQ US)CL A0.16%$1M22.3K
25ONON SEMICONDUCTOR (ON US)COM0.16%$1M15.5K
26IMXIINTERNATIONAL MONEY EXPRESS (IMXI US)COM0.16%$1M58.6K
27TSMTAIWAN SEMICONDUCTOR-SP ADR (TSM US)SPONSORED ADS0.15%$1M14.2K
28OPENOPENDOOR TECHNOLOGIES INC (OPEN US)COM0.13%$1M291.5K
29COHRCOHERENT CORP (COHR US)COM0.12%$1M20.9K
30BZKANZHUN LTD - ADR (BZ US)SPONSORED ADS0.11%$1M70.6K
31CPNGCOUPANG INC (CPNG US)CL A0.11%$1M59.8K
32TSHATAYSHA GENE THERAPIES INC (TSHA US)COM SHS0.11%$991,5001.50M
33GLOBAL-E ONLINE LTD (GLBE US)SHS0.10%$911,52922.3K
34SPOTSPOTIFY TECHNOLOGY SA (SPOT US)SHS0.10%$882,0625.5K
35CRTOCRITEO SA-SPON ADR (CRTO US)SPONS ADS0.09%$846,87425.1K
36ETSYETSY INC (ETSY US)COM0.08%$766,6519.1K
37FTCHQFARFETCH LTD-CLASS A (FTCH US)ORD SH CL A0.07%$602,18899.7K
38OKTAOKTA INC (OKTA US)CL A0.06%$540,9307.8K
39PDDPINDUODUO INC-ADR (PDD US)SPONSORED ADS0.05%$508,8017.4K
40ZTOZTO EXPRESS CAYMAN INC-ADR (ZTO US)SPONSORED ADS A0.05%$504,10820.1K
41JDJD.COM INC-ADR (JD US)SPON ADR CL A0.05%$461,16513.5K
42AKXANSYS INC (ANSS US)COM0.05%$453,7911.4K

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 ↗.