SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Value Star Asset Management (Hong Kong) Ltd

CIK 0001842246 · ROOM 2706, 27/F, THE CENTRIUM,, 60 WYNDHAM STREET, CENTRAL,, HONG KONG, K3, 0000 · 852-21850800

Reported Value
$292M
Q4 2023
Positions
21
Filings on Record
20
2019–present window
Filed
Feb 6, 2024
original filing

Summary

Value Star Asset Management (Hong Kong) Ltd reported $292M in U.S.-listed holdings across 21 positions for Q4 2023.

Its largest position, MSFT, represents 19.0% of the portfolio.

Compared with Q3 2023, the fund opened 4 new positions and exited 6.

Portfolio Metrics

Turnover
+15.5%
vs prior filed quarter
Top-10 Concentration
+92.7%
share of reported value
Largest Position
+19.0%
Microsoft
New / Exited
4 / 6
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: $110MQ4 ’20Q1 ’21: $137MQ3 ’21: $152.8BQ4 ’21: $199.1BQ4 ’21Q1 ’22: $176.3BQ2 ’22: $136.8BQ3 ’22: $171.7BQ3 ’22Q1 ’23: $256MQ2 ’23: $338MQ3 ’23: $284MQ3 ’23Q4 ’23: $292MQ1 ’24: $290MQ2 ’24: $270MQ2 ’24Q3 ’24: $27MQ4 ’24: $32MQ1 ’25: $16MQ1 ’25Q2 ’25: $32MQ3 ’25: $49Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 88.0%ADR: 12.0%
  • Common Stock · 88.0% · $257M
  • ADR · 12.0% · $35M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INMDINMODE LTDNEW+201.7K201.7K+$4M$4M
MRNAMODERNA INCNEW+31.2K31.2K+$3M$3M
HCAHCA HEALTHCARE INCNEW+8.0K8.0K+$2M$2M
ELESTEE LAUDER COMPANIES-CL ANEW+12.0K12.0K+$2M$2M
Inmode LtdSOLD OUT−186.3K0−$6M$0
BEKEKE HOLDINGS INC-ADRSOLD OUT−165.6K0−$3M$0
PANWPALO ALTO NETWORKS INCSOLD OUT−5.0K0−$1M$0
CRISPR THERAPEUTICS AGSOLD OUT−17.6K0−$801,133$0

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

Holdings — Q4 2023

21 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM19.04%$56M148.0K
2TSLATESLA INChistory →COM18.31%$54M215.4K
3PDDPDD HOLDINGS INChistory →ADR11.95%$35M238.8K
4NETCLOUDFLARE INC - CLASS Ahistory →COM10.05%$29M352.8K
5SNOWSNOWFLAKE INC-CLASS Ahistory →COM9.26%$27M136.0K
6AMDADVANCED MICRO DEVICEShistory →COM7.41%$22M147.0K
7LULULULULEMON ATHLETICA INChistory →COM6.99%$20M40.0K
8NVDANVIDIA CORPhistory →COM5.54%$16M32.7K
9UBERUBER TECHNOLOGIES INChistory →COM2.62%$8M124.5K
10INMDINMODE LTDhistory →COM1.53%$4M201.7K
11METAMETA PLATFORMS INC-CLASS Ahistory →COM1.45%$4M12.0K
12MRNAMODERNA INChistory →COM1.06%$3M31.2K
13AMZNAMAZON.COM INCCOM0.94%$3M18.0K
14HCAHCA HEALTHCARE INCCOM0.74%$2M8.0K
15GOOGALPHABET INC-CL CCOM0.72%$2M15.0K
16VVISA INC-CLASS A SHARESCOM0.62%$2M7.0K
17ELESTEE LAUDER COMPANIES-CL ACOM0.60%$2M12.0K
18CRWDCROWDSTRIKE HOLDINGS INC - ACOM0.44%$1M5.0K
19ZSZSCALER INCCOM0.38%$1M5.0K
20IONQIONQ INCCOM0.19%$557,00045.0K
21ABNBAIRBNB INC-CLASS ACOM0.14%$408,0003.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$49M11Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$32M10Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$16M10Apr 23, 202513F-HRchanges · EDGAR ↗
Q4 2024$32M13Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$27M9Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$270M18Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$290M22May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$292M21Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$284M23Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$338M29Aug 2, 202313F-HRchanges · EDGAR ↗
Q1 2023$256M24May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review28Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$171.7B32Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$136.8B29Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$176.3B27Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$199.1B30Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$152.8B21Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021Under review25Aug 3, 202113F-HRchanges · EDGAR ↗
Q1 2021$137M19Apr 9, 202113F-HRchanges · EDGAR ↗
Q4 2020$110M19Jan 27, 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 ↗.