HCEP Management Ltd

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), HCEP Management Ltd reported 4 stock positions worth $61.3 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 63.7% of the portfolio, followed by Alibaba Group Holding-SP ADR (BABA, 14.7%) and Miniso Group Holding Ltd.-ADR (MNSO, 11.6%). Compared with Q1 2026, it added to 1 and reduced 2. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +3%) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −54%).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001822015
Portfolio Value
$61.3M (Q2 2026)
SEC Filing
0001822015-26-000007 ↗ filed Aug 13, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $532.0M Q1 2024 Q2 2024: $372.9M Q2 2024 Q3 2024: $274.4M Q3 2024 Q4 2024: $125.0M Q4 2024 Q1 2025: $172.6M Q1 2025 Q2 2025: $124.4M Q2 2025 Q3 2025: $176.1M Q3 2025 Q4 2025: $122.6M Q4 2025 Q1 2026: $80.7M Q1 2026 Q2 2026: $61.3M $61.3M Q2 2026

Holdings 4 stocks · $61.3M
TSM Taiwan Semiconductor-SP ADR 63.70% 81,800 $39.1M Add +3.0%
BABA Alibaba Group Holding-SP ADR 14.70% 93,963 $9.0M Reduce -54.1%
MNSO Miniso Group Holding Ltd.-ADR 11.57% 588,297 $7.1M Reduce -37.4%
UVXY Proshares Ultra Vix St Futur 10.03% 247,188 $6.2M No change

Portfolio Sells Q1 2026 → Q2 2026
BABA Alibaba Group Holding-SP ADR Reduce -54.1% 14.70% −17.11
MNSO Miniso Group Holding Ltd.-ADR Reduce -37.4% 11.57% −7.30

Portfolio Buys Q1 2026 → Q2 2026
TSM Taiwan Semiconductor-SP ADR Add +3.0% 63.70% +30.41

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$61.3MTSM, BABA, MNSO, UVXY
Q1 2026 4$80.7MTSM, BABA, MNSO, UVXY
Q4 2025 4$122.6MBABA, UVXY, MNSO, SNPS
Q3 2025 10$176.1MBABA, MNSO, SNPS, TAL, QFIN
Q2 2025 9$124.4MBABA, MNSO, TAL, QFIN, TCOM
Q1 2025 13$172.6MBABA, TAL, MNSO, TCOM, PROSHARES TR II
Q4 2024 9$125.0MBZ, MNSO, TAL, BTDR, VNET
Q3 2024 7$274.4MTAL, BEKE, JD, PDD, TSM
Q2 2024 9$372.9MTSM, BEKE, IQ, TAL, MU
Q1 2024 16$532.0MBEKE, TSM, IQ, TAL, YMM