SEC 13F Intelligence

Managers / Q1 2024 · view latest →

IvyRock Asset Management (HK) Ltd

CIK 0001809525 · SUITE 3007, COSCO TOWER, 183 QUEENS ROAD CENTRAL, SHEUNG WAN, K3, 0000 · 85226200482

Reported Value
$215M
Q1 2024
Positions
20
Filings on Record
22
2019–present window
Filed
May 7, 2024
original filing

Summary

Ivyrock Asset Management (Hk) Ltd reported $215M in U.S.-listed holdings across 20 positions for Q1 2024.

The portfolio is heavily concentrated: PDD alone accounts for 36.7% of reported value.

Compared with Q4 2023, the fund opened 6 new positions and exited 4.

Portfolio Metrics

Turnover
+21.5%
vs prior filed quarter
Top-10 Concentration
+99.0%
share of reported value
Largest Position
+36.7%
Pdd
New / Exited
6 / 4
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 ’20: $162MQ4 ’20Q1 ’21: $154MQ2 ’21: $194MQ3 ’21: $106MQ3 ’21Q4 ’21: $87MQ1 ’22: $138MQ2 ’22: $158MQ2 ’22Q3 ’22: $129MQ4 ’22: $179MQ1 ’23: $195MQ1 ’23Q2 ’23: $172MQ3 ’23: $192MQ4 ’23: $201MQ4 ’23Q1 ’24: $215MQ2 ’24: $235MQ3 ’24: $228MQ3 ’24Q4 ’24: $226MQ1 ’25: $213MQ2 ’25: $217MQ2 ’25Q3 ’25: $233MQ4 ’25: $190MQ1 ’26: $178MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ADR: 62.0%Common Stock: 29.2%ETP: 8.7%Other: 0.2%
  • ADR · 62.0% · $133M
  • Common Stock · 29.2% · $63M
  • ETP · 8.7% · $19M
  • Other · 0.2% · $389,457

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COINCOINBASE GLOBAL INCNEW+142.8K142.8K+$38M$38M
IBITISHARES BITCOIN TRNEW+460.8K460.8K+$19M$19M
HIMSHIMS & HERS HEALTH INCNEW+28.0K28.0K+$433,160$433,160
GOOGALPHABET INCNEW+1.8K1.8K+$274,068$274,068
FUTUFUTU HLDGS LTDNEW+5.0K5.0K+$270,750$270,750
CANCANAAN INCNEW+48.0K48.0K+$72,960$72,960
GTMZOOMINFO TECHNOLOGIES INCSOLD OUT−468.7K0−$9M$0
VRNSVARONIS SYS INCSOLD OUT−8.7K0−$393,936$0

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

Holdings — Q1 2024

20 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PDDPDD HOLDINGS INChistory →SPONSORED ADS36.70%$79M678.6K
2COINCOINBASE GLOBAL INChistory →COM CL A17.61%$38M142.8K
3TSLATESLA INChistory →COM10.70%$23M130.9K
4YMMFULL TRUCK ALLIANCE CO LTDhistory →SPONSORED ADS9.61%$21M2.84M
5IBITISHARES BITCOIN TRhistory →SHS8.67%$19M460.8K
6TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS7.17%$15M113.3K
7KANZHUN LIMITEDSPONSORED ADS4.83%$10M592.6K
8HTHTH WORLD GROUP LTDhistory →SPONSORED ADS2.25%$5M124.8K
9SESEA LTDhistory →SPONSORD ADS1.22%$3M48.9K
10MSFTMICROSOFT CORPCOM0.21%$458,5851.1K
11HIMSHIMS & HERS HEALTH INCCOM CL A0.20%$433,16028.0K
12AKXANSYS INCCOM0.13%$277,728800
13GOOGALPHABET INCCAP STK CL C0.13%$274,0681.8K
14FUTUFUTU HLDGS LTDSPON ADS CL A0.13%$270,7505.0K
15HYWIN HLDG LTDADS0.11%$236,707184.9K
16CSCOCISCO SYS INCCOM0.10%$224,5954.5K
17ABXBARRICK GOLD CORPCOM0.09%$183,04011.0K
18VALENS SEMICONDUCTOR LTDORDINARY SHARES0.07%$152,75065.0K
19CANCANAAN INCSPONSORED ADS0.03%$72,96048.0K
20REREATRENEW INCSPONSORED ADS0.03%$61,60035.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$178M25May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$190M23Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$233M20Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$217M13Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$213M17May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$226M23Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$228M22Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$235M21Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$215M20May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$201M18Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$192M16Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$172M17Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$195M18May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$179M16Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$129M12Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$158M14Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$138M14May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$87M10Feb 4, 202213F-HRchanges · EDGAR ↗
Q3 2021$106M10Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$194M12Jul 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$154M12Apr 28, 202113F-HRchanges · EDGAR ↗
Q4 2020$162M11Feb 5, 202113F-HRchanges · 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 ↗.