SEC 13F Intelligence

Managers / Q3 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
$716M
Q3 2023
Positions
41
Filings on Record
29
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Tybourne Capital Management (Hk) Ltd reported $716M in U.S.-listed holdings across 41 positions for Q3 2023.

Its largest position, CP, represents 10.3% of the portfolio.

Compared with Q2 2023, the fund opened 6 new positions and exited 10.

Portfolio Metrics

Turnover
+9.0%
vs prior filed quarter
Top-10 Concentration
+73.4%
share of reported value
Largest Position
+10.3%
Canadian Pacific Kansas City Cp US
New / Exited
6 / 10
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. 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: 66.6%ADR: 20.1%Other: 13.3%
  • Common Stock · 66.6% · $477M
  • ADR · 20.1% · $144M
  • Other · 13.3% · $95M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EPAMEPAM SYSTEMS INC (EPAM US)NEW+152.4K152.4K+$39M$39M
TOCAEURFORTE BIOSCIENCES INC (FBRX US)NEW+3.62M3.62M+$2M$2M
IBNICICI BANK LTD-SPON ADR (IBN US)NEW+98.8K98.8K+$2M$2M
GPNGLOBAL PAYMENTS INC (GPN US)NEW+10.7K10.7K+$1M$1M
PCORPROCORE TECHNOLOGIES INC (PCOR US)NEW+8.6K8.6K+$559,858$559,858
SEAGATE TECHNOLOGY HOLDINGS (STX US)NEW+3.5K3.5K+$230,166$230,166
ZTOZTO EXPRESS CAYMAN INC-ADR (ZTO US)ADDED+37.6K57.7K+$890,501$1M
SHOPSHOPIFY INC - CLASS A (SHOP US)SOLD OUT−209.4K0−$14M$0

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

Holdings — Q3 2023

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CPCANADIAN PACIFIC KANSAS CITY (CP US)history →COM10.34%$74M994.2K
2MSFTMICROSOFT CORP (MSFT US)history →COM9.39%$67M212.7K
3VVISA INC-CLASS A SHARES (V US)history →COM CL A9.03%$65M281.0K
4SPGIS&P GLOBAL INC (SPGI US)history →COM8.37%$60M163.9K
5LINDE PLC (LIN US)SHS7.26%$52M139.6K
6AMZNAMAZON.COM INC (AMZN US)history →COM7.16%$51M403.1K
7HTHTH WORLD GROUP LTD-ADR (HTHT US)history →SPONSORED ADS5.90%$42M1.07M
8TXNTEXAS INSTRUMENTS INC (TXN US)history →COM5.66%$41M254.8K
9BEKEKE HOLDINGS INC-ADR (BEKE US)history →SPONSORED ADS5.54%$40M2.55M
10EPAMEPAM SYSTEMS INC (EPAM US)history →COM5.44%$39M152.4K
11IQVIQVIA HOLDINGS INC (IQV US)history →COM5.29%$38M192.4K
12BCYCBICYCLE THERAPEUTICS LTD-ADR (BCYC US)history →SPONSORED ADS3.60%$26M1.28M
13SESEA LTD-ADR (SE US)history →SPONSORD ADS3.54%$25M576.4K
14ACELYRIN INC (SLRN US)COM3.17%$23M2.23M
15STONECO LTD-A (STNE US)COM CL A2.85%$20M1.91M
16ZNTLZENTALIS PHARMACEUTICALS INC (ZNTL US)history →COM2.69%$19M961.5K
17LIANYLIANBIO-ADR (LIAN US)SPONSORED ADS0.69%$5M3.30M
18TSHATAYSHA GENE THERAPIES INC (TSHA US)COM SHS0.66%$5M1.50M
19TOCAEURFORTE BIOSCIENCES INC (FBRX US)COM0.34%$2M3.62M
20IBNICICI BANK LTD-SPON ADR (IBN US)ADR0.32%$2M98.8K
21DASHDOORDASH INC - A (DASH US)CL A0.26%$2M23.0K
22MLB1MERCADOLIBRE INC (MELI US)COM0.21%$2M1.2K
23NVDANVIDIA CORP (NVDA US)COM0.21%$1M3.4K
24TSMTAIWAN SEMICONDUCTOR-SP ADR (TSM US)SPONSORED ADS0.20%$1M16.7K
25ONON SEMICONDUCTOR (ON US)COM0.20%$1M15.5K
26ZTOZTO EXPRESS CAYMAN INC-ADR (ZTO US)SPONSORED ADS A0.19%$1M57.7K
27ZGZILLOW GROUP INC - A (ZG US)CL A0.19%$1M31.1K
28IMXIINTERNATIONAL MONEY EXPRESS (IMXI US)COM0.18%$1M76.5K
29CPNGCOUPANG INC (CPNG US)CL A0.17%$1M73.5K
30GPNGLOBAL PAYMENTS INC (GPN US)COM0.17%$1M10.7K
31XYZBLOCK INC (SQ US)CL A0.16%$1M25.5K
32OKTAOKTA INC (OKTA US)CL A0.13%$944,86411.6K
33CRITEO SA-SPON ADR (CRTO US)SPONS ADS0.12%$868,40829.7K
34MDBMONGODB INC (MDB US)CL A0.12%$861,8842.5K
35LRCXEURLAM RESEARCH CORP (LRCX US)COM0.08%$579,763925
36PCORPROCORE TECHNOLOGIES INC (PCOR US)COM0.08%$559,8588.6K
37OPENOPENDOOR TECHNOLOGIES INC (OPEN US)COM0.05%$361,625137.0K
38SEAGATE TECHNOLOGY HOLDINGS (STX US)ORD SHS0.03%$230,1663.5K

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 ↗.