HCEP Management Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), HCEP Management Ltd reported 4 stock positions worth $80.7 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 33.3% of the portfolio, followed by Alibaba Group Holding-SP ADR (BABA, 31.8%) and Miniso Group Holding Ltd.-ADR (MNSO, 18.9%). Compared with Q4 2025, it opened 1 new position, sold out of 1 and reduced 3. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001822015
- Portfolio Value
- $80.7M (Q1 2026)
- SEC Filing
- 0001822015-26-000004 ↗ filed May 14, 2026
Holdings Value
Holdings 4 stocks · $80.7M
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| TSM Taiwan Semiconductor-SP ADR | New | 33.28% | +33.28 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 4 | $61.3M | TSM, BABA, MNSO, UVXY |
| Q1 2026 | 4 | $80.7M | TSM, BABA, MNSO, UVXY |
| Q4 2025 | 4 | $122.6M | BABA, UVXY, MNSO, SNPS |
| Q3 2025 | 10 | $176.1M | BABA, MNSO, SNPS, TAL, QFIN |
| Q2 2025 | 9 | $124.4M | BABA, MNSO, TAL, QFIN, TCOM |
| Q1 2025 | 13 | $172.6M | BABA, TAL, MNSO, TCOM, PROSHARES TR II |
| Q4 2024 | 9 | $125.0M | BZ, MNSO, TAL, BTDR, VNET |
| Q3 2024 | 7 | $274.4M | TAL, BEKE, JD, PDD, TSM |
| Q2 2024 | 9 | $372.9M | TSM, BEKE, IQ, TAL, MU |
| Q1 2024 | 16 | $532.0M | BEKE, TSM, IQ, TAL, YMM |