SEC 13F Intelligence

Managers / Q4 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
$671M
Q4 2023
Positions
39
Filings on Record
29
2019–present window
Filed
Feb 14, 2024
original filing

Summary

Tybourne Capital Management (Hk) Ltd reported $671M in U.S.-listed holdings across 39 positions for Q4 2023.

Its largest position, CP, represents 10.9% of the portfolio.

Compared with Q3 2023, the fund opened 4 new positions and exited 7.

Portfolio Metrics

Turnover
+9.4%
vs prior filed quarter
Top-10 Concentration
+68.3%
share of reported value
Largest Position
+10.9%
Canadian Pacific Kansas City Cp US
New / Exited
4 / 7
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: 68.1%ADR: 18.4%Other: 13.4%
  • Common Stock · 68.1% · $457M
  • ADR · 18.4% · $124M
  • Other · 13.4% · $90M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
METAMETA PLATFORMS INC-CLASS A (META US)NEW+5.7K5.7K+$2M$2M
MUMICRON TECHNOLOGY INC (MU US)NEW+11.9K11.9K+$1M$1M
CARGCARGURUS INC (CARG US)NEW+41.7K41.7K+$1M$1M
PLNTPLANET FITNESS INC - CL A (PLNT US)NEW+10.6K10.6K+$773,800$773,800
ZGZILLOW GROUP INC - A (ZG US)ADDED+413.1K444.2K+$24M$25M
SEAGATE TECHNOLOGY HOLDINGS (STX US)ADDED+13.6K17.1K+$1M$1M
TSHATAYSHA GENE THERAPIES INC (TSHA US)ADDED+2.20M3.70M+$2M$7M
PCORPROCORE TECHNOLOGIES INC (PCOR US)ADDED+10.8K19.4K+$782,803$1M

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

Holdings — Q4 2023

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CPCANADIAN PACIFIC KANSAS CITY (CP US)history →COM10.95%$73M929.4K
2SPGIS&P GLOBAL INC (SPGI US)history →COM8.50%$57M129.5K
3MSFTMICROSOFT CORP (MSFT US)history →COM7.94%$53M141.7K
4VVISA INC-CLASS A SHARES (V US)history →COM CL A7.69%$52M198.2K
5EPAMEPAM SYSTEMS INC (EPAM US)history →COM6.25%$42M141.0K
6IQVIQVIA HOLDINGS INC (IQV US)history →COM6.05%$41M175.5K
7LINDE PLC (LIN US)SHS5.93%$40M96.9K
8TXNTEXAS INSTRUMENTS INC (TXN US)history →COM5.26%$35M206.9K
9AMZNAMAZON.COM INC (AMZN US)history →COM5.00%$34M221.0K
10BEKEKE HOLDINGS INC-ADR (BEKE US)history →SPONSORED ADS4.74%$32M1.96M
11BCYCBICYCLE THERAPEUTICS LTD-ADR (BCYC US)history →SPONSORED ADS4.45%$30M1.65M
12HTHTH WORLD GROUP LTD-ADR (HTHT US)history →SPONSORED ADS4.16%$28M835.4K
13STONECO LTD-A (STNE US)COM CL A4.07%$27M1.51M
14ZGZILLOW GROUP INC - A (ZG US)history →CL A3.75%$25M444.2K
15ACELYRIN INC (SLRN US)COM3.23%$22M2.91M
16SESEA LTD-ADR (SE US)history →SPONSORD ADS2.63%$18M435.3K
17LIANYLIANBIO-ADR (LIAN US)history →SPONSORED ADS2.26%$15M3.40M
18ZNTLZENTALIS PHARMACEUTICALS INC (ZNTL US)history →COM2.17%$15M961.5K
19TSHATAYSHA GENE THERAPIES INC (TSHA US)COM SHS0.98%$7M3.70M
20XYZBLOCK INC (SQ US)CL A0.45%$3M39.1K
21TOCAEURFORTE BIOSCIENCES INC (FBRX US)COM0.44%$3M3.62M
22IMXIINTERNATIONAL MONEY EXPRESS (IMXI US)COM0.40%$3M122.4K
23DASHDOORDASH INC - A (DASH US)CL A0.37%$2M25.1K
24MLB1MERCADOLIBRE INC (MELI US)COM0.31%$2M1.3K
25METAMETA PLATFORMS INC-CLASS A (META US)CL A0.30%$2M5.7K
26GPNGLOBAL PAYMENTS INC (GPN US)COM0.24%$2M12.9K
27NVDANVIDIA CORP (NVDA US)COM0.23%$2M3.1K
28SEAGATE TECHNOLOGY HOLDINGS (STX US)ORD SHS0.22%$1M17.1K
29PCORPROCORE TECHNOLOGIES INC (PCOR US)COM0.20%$1M19.4K
30TSMTAIWAN SEMICONDUCTOR-SP ADR (TSM US)SPONSORED ADS0.18%$1M11.4K
31MUMICRON TECHNOLOGY INC (MU US)COM0.15%$1M11.9K
32CARGCARGURUS INC (CARG US)COM CL A0.15%$1M41.7K
33OPENOPENDOOR TECHNOLOGIES INC (OPEN US)COM0.12%$822,847183.7K
34MDBMONGODB INC (MDB US)CL A0.12%$800,9382.0K
35PLNTPLANET FITNESS INC - CL A (PLNT US)CL A0.12%$773,80010.6K

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 ↗.