SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Maytree Asset Management Ltd

CIK 0001869683 · UNIT 710, L7, CORE D, CYBERPORT 3, 100 CYBERPORT ROAD, HONG KONG, K3, 0 · 852 3611 0877

Reported Value
$79M
Q4 2023
Positions
36
Filings on Record
18
2019–present window
Filed
Feb 15, 2024
original filing

Summary

Maytree Asset Management Ltd reported $79M in U.S.-listed holdings across 36 positions for Q4 2023.

The portfolio is heavily concentrated: TCOM alone accounts for 21.8% of reported value.

Compared with Q3 2023, the fund opened 26 new positions and exited 2.

Portfolio Metrics

Turnover
+50.8%
vs prior filed quarter
Top-10 Concentration
+77.8%
share of reported value
Largest Position
+21.8%
Maxeon Solar Technologies Ord
New / Exited
26 / 2
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 ’21: $76MQ4 ’21Q1 ’22: $91MQ2 ’22: $86MQ3 ’22: $135MQ3 ’22Q4 ’22: $52MQ1 ’23: $93MQ2 ’23: $99MQ2 ’23Q3 ’23: $78MQ4 ’23: $79MQ1 ’24: $53MQ1 ’24Q2 ’24: $95MQ3 ’24: $51MQ4 ’24: $44MQ4 ’24Q1 ’25: $56MQ2 ’25: $60MQ3 ’25: $111MQ3 ’25Q4 ’25: $135MQ1 ’26: $141Mfilingsflow.com

Portfolio Composition

By security type
ADR: 55.6%Common Stock: 40.9%ETP: 2.5%Other: 1.0%
  • ADR · 55.6% · $44M
  • Common Stock · 40.9% · $32M
  • ETP · 2.5% · $2M
  • Other · 1.0% · $779,694

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TCOMTRIP COM GROUP ADR REP ORDNEW+2.43M2.43M+$18M$18M
PROSHARES TR IINEW+129.1K129.1K+$2M$2M
NVDANVIDIA ORDNEW+4.0K4.0K+$2M$2M
ONONON HOLDING CL A ORDNEW+46.1K46.1K+$1M$1M
XPXP INCNEW+45.6K45.6K+$1M$1M
WDAYWORKDAY CL A ORDNEW+4.0K4.0K+$1M$1M
ZSZSCALER ORDNEW+4.9K4.9K+$1M$1M
MSFTMICROSOFT ORDNEW+2.7K2.7K+$1M$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

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TCOMMAXEON SOLAR TECHNOLOGIES ORDhistory →ADS21.78%$17M2.40M
2BASECOUCHBASE ORDhistory →COM14.37%$11M504.3K
3BEKEKE HOLDINGS ADR REP 3 CL A ORDhistory →SPONSORED ADS12.55%$10M611.8K
4FUTUFUTU HOLDINGS ADRhistory →SPON ADS CL A10.22%$8M147.8K
5ZTOZTO EXPRESS CAYMAN ADR REP CL A ORDhistory →SPONSORED ADS A6.58%$5M244.5K
6TSLATESLA ORDhistory →COM3.13%$2M10.0K
7PROSHARES TR IIVIX SH TRM FUTRS2.53%$2M129.1K
8NVDANVIDIA ORDhistory →COM2.52%$2M4.0K
9HSAIHESAI ADS REP 1 CL B ORDhistory →SPONSORED ADR2.51%$2M222.4K
10ONONON HOLDING CL A ORDhistory →NAMEN AKT A1.57%$1M46.1K
11XPXP INChistory →CL A1.50%$1M45.6K
12TCOMTRIP COM GROUP ADR REP ORDhistory →ADS1.46%$1M32.0K
13WDAYWORKDAY CL A ORDhistory →CL A1.40%$1M4.0K
14ZSZSCALER ORDhistory →COM1.37%$1M4.9K
15MSFTMICROSOFT ORDhistory →COM1.28%$1M2.7K
16AAPLAPPLE ORDhistory →COM1.24%$981,9035.1K
17XYZBLOCK CL A ORDhistory →CL A1.23%$969,89212.5K
18STEMSTEM ORDhistory →COM1.22%$964,964248.7K
19ADBEADOBE ORDhistory →COM1.21%$954,5601.6K
20MDBMONGODB CL A ORDhistory →CL A1.20%$948,5322.3K
21ORCLORACLE ORDhistory →COM1.15%$906,6988.6K
22ESTCELASTIC ORDORD SHS0.93%$732,5506.5K
23DLOCAL CL A ORDCLASS A COM0.74%$583,55833.0K
24UUNITY SOFTWARE ORDCOM0.73%$580,63814.2K
25GTLBGITLAB CL A ORDCLASS A COM0.72%$567,2709.0K
26SNOWSNOWFLAKE CL A ORDCL A0.71%$557,2002.8K
27AMDADVANCED MICRO DEVICES ORDCOM0.67%$530,6763.6K
28BILLBILL HOLDINGS ORDCOM0.65%$517,2816.3K
29BRZEBRAZE CL A ORDCOM CL A0.58%$456,9188.6K
30ABNBAIRBNB CL A ORDCOM CL A0.55%$435,6483.2K
31ASANASANA CL A ORDCL A0.52%$410,61621.6K
32CXMSPRINKLR CL A ORDCL A0.45%$357,58829.7K
33BZKANZHUN ADR REP 2 ORDSPONSORED ADS0.27%$215,10012.9K
34VICARIOUS SURGICAL CL A ORDCOM CL A0.25%$196,136534.9K
35SESEA ADS REP CL A ORDSPONSORD ADS0.11%$85,0502.1K
36BABAALIBABA GROUP HOLDING ADR REP 8 ORDSPONSORED ADS0.09%$71,154918

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$141M20May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$135M17Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$111M11Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$60M12Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$56M16May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$44M14Feb 3, 202513F-HRchanges · EDGAR ↗
Q3 2024$51M9Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$95M26Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$53M18May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$79M36Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$78M11Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$99M15Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$93M14May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$52M8Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$135M20Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$86M16Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$91M14May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$76M17Feb 14, 202213F-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 ↗.