SEC 13F Intelligence

Managers / Q3 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
$228M
Q3 2024
Positions
22
Filings on Record
22
2019–present window
Filed
Nov 8, 2024
original filing

Summary

Ivyrock Asset Management (Hk) Ltd reported $228M in U.S.-listed holdings across 22 positions for Q3 2024.

The portfolio is heavily concentrated: PDD alone accounts for 49.5% of reported value.

Compared with Q2 2024, the fund opened 5 new positions and exited 4.

Portfolio Metrics

Turnover
+6.0%
vs prior filed quarter
Top-10 Concentration
+98.7%
share of reported value
Largest Position
+49.5%
Pdd
New / Exited
5 / 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. 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: 76.6%Common Stock: 11.6%ETP: 11.5%Other: 0.2%
  • ADR · 76.6% · $175M
  • Common Stock · 11.6% · $27M
  • ETP · 11.5% · $26M
  • Other · 0.2% · $459,343

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NEW ORIENTAL ED & TECHNOLOGYNEW+115.5K115.5K+$9M$9M
GQ9SPDR GOLD TRNEW+1.6K1.6K+$388,896$388,896
LEGNLEGEND BIOTECH CORPNEW+6.8K6.8K+$331,364$331,364
BABAALIBABA GROUP HLDG LTDNEW+3.1K3.1K+$328,972$328,972
IQIQIYI INCNEW+50.0K50.0K+$143,000$143,000
VRNSVARONIS SYS INCSOLD OUT−10.0K0−$479,700$0
ELASTIC N VSOLD OUT−3.5K0−$398,685$0
IRIS ENERGY LTDSOLD OUT−35.2K0−$397,408$0

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

Holdings — Q3 2024

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PDDPDD HOLDINGS INChistory →SPONSORED ADS49.53%$113M838.5K
2IBITISHARES BITCOIN TRUST ETFhistory →SHS BEN INT11.36%$26M717.6K
3TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS8.62%$20M113.3K
4TSLATESLA INChistory →COM5.74%$13M50.1K
5YMMFULL TRUCK ALLIANCE CO LTDhistory →SPONSORED ADS5.59%$13M1.42M
6COINCOINBASE GLOBAL INChistory →COM CL A5.46%$12M70.0K
7KANZHUN LIMITEDSPONSORED ADS4.47%$10M587.4K
8NEW ORIENTAL ED & TECHNOLOGYSPON ADR3.84%$9M115.5K
9HTHTH WORLD GROUP LTDhistory →SPONSORED ADS2.03%$5M124.8K
10SESEA LTDhistory →SPONSORD ADS2.02%$5M48.9K
11MSFTMICROSOFT CORPCOM0.21%$469,0271.1K
12GQ9SPDR GOLD TRGOLD SHS0.17%$388,8961.6K
13LEGNLEGEND BIOTECH CORPSPONSORED ADS0.15%$331,3646.8K
14BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.14%$328,9723.1K
15SOW GOOD INCCOM0.14%$327,34328.0K
16AKXANSYS INCCOM0.13%$302,699950
17FUTUFUTU HLDGS LTDSPON ADS CL A0.13%$286,9503.0K
18CSCOCISCO SYS INCCOM0.10%$239,4904.5K
19IQIQIYI INCSPONSORED ADS0.06%$143,00050.0K
20VALENS SEMICONDUCTOR LTDORDINARY SHARES0.06%$132,00060.0K
21REREATRENEW INCSPONSORED ADS0.02%$50,04018.0K
22CANCANAAN INCSPONSORED ADS0.02%$48,48048.0K

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 ↗.