Managers / Q4 2020 · view latest →
IvyRock Asset Management (HK) Ltd
CIK 0001809525 · SUITE 3007, COSCO TOWER, 183 QUEENS ROAD CENTRAL, SHEUNG WAN, K3, 0000 · 85226200482
Summary
Ivyrock Asset Management (Hk) Ltd reported $162M in U.S.-listed holdings across 11 positions for Q4 2020.
The portfolio is heavily concentrated: New Oriental Ed Technology alone accounts for 29.3% of reported value.
Portfolio Metrics
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
Portfolio Composition
- ADR · 64.8% · $105M
- Other · 30.8% · $50M
- Common Stock · 4.4% · $7M
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NEW ORIENTAL ED & TECHNOLOGY | NEW | +256.1K | 256.1K | +$48M | $48M |
| PDDPINDUODUO INC | NEW | +201.7K | 201.7K | +$36M | $36M |
| TALTAL EDUCATION GROUP | NEW | +406.4K | 406.4K | +$29M | $29M |
| FUTUFUTU HLDGS LTD | NEW | +396.1K | 396.1K | +$18M | $18M |
| ZTOZTO EXPRESS CAYMAN INC | NEW | +300.5K | 300.5K | +$9M | $9M |
| BABAALIBABA GROUP HLDG LTD | NEW | +33.9K | 33.9K | +$8M | $8M |
| RAMPLIVERAMP HLDGS INC | NEW | +97.4K | 97.4K | +$7M | $7M |
| BILIBILIBILI INC | NEW | +61.4K | 61.4K | +$5M | $5M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NEW ORIENTAL ED & TECHNOLOGY | SPON ADR | 29.29% | $48M | 256.1K |
| 2 | PDDPINDUODUO INChistory → | SPONSORED ADS | 22.07% | $36M | 201.7K |
| 3 | TALTAL EDUCATION GROUPhistory → | SPONSORED ADS | 17.89% | $29M | 406.4K |
| 4 | FUTUFUTU HLDGS LTDhistory → | SPON ADS CL A | 11.16% | $18M | 396.1K |
| 5 | ZTOZTO EXPRESS CAYMAN INChistory → | SPONSORED ADS A | 5.40% | $9M | 300.5K |
| 6 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 4.85% | $8M | 33.9K |
| 7 | RAMPLIVERAMP HLDGS INChistory → | COM | 4.39% | $7M | 97.4K |
| 8 | BILIBILIBILI INChistory → | SPONS ADS REP Z | 3.24% | $5M | 61.4K |
| 9 | PUXIN LTD | ADS | 1.49% | $2M | 416.1K |
| 10 | SESEA LTD | SPONSORED ADS | 0.16% | $259,000 | 1.3K |
| 11 | KLICKULICKE & SOFFA INDS INC | COM | 0.06% | $96,000 | 3.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $178M | 25 | May 7, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $190M | 23 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $233M | 20 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $217M | 13 | Aug 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $213M | 17 | May 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $226M | 23 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $228M | 22 | Nov 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $235M | 21 | Aug 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $215M | 20 | May 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $201M | 18 | Feb 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $192M | 16 | Nov 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $172M | 17 | Aug 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $195M | 18 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $179M | 16 | Feb 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $129M | 12 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $158M | 14 | Aug 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $138M | 14 | May 6, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $87M | 10 | Feb 4, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $106M | 10 | Nov 5, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $194M | 12 | Jul 30, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $154M | 12 | Apr 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $162M | 11 | Feb 5, 2021 | 13F-HR | changes · 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 ↗.