IvyRock Asset Management (HK) Ltd
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), IvyRock Asset Management (HK) Ltd reported 25 stock positions worth $176.9 million. Its top holding was PDD (PDD) at 50.6% of the portfolio, followed by Alibaba Group Holding-SP ADR (BABA, 13.4%) and Legend Biotech Corp.-ADR (LEGN, 13.1%). Compared with Q1 2026, it opened 3 new positions, sold out of 3, added to 4 and reduced 4. The biggest buy was Alibaba Group Holding-SP ADR (BABA, shares +155%) and the biggest sale an exit from Tesla (TSLA).
- Most Recent 13F
- Q2 2026
- Location
- SHEUNG WAN, K3
- CIK
- 0001809525
- Portfolio Value
- $176.9M (Q2 2026)
- SEC Filing
- 0001809525-26-000004 ↗ filed Aug 4, 2026
Holdings Value
Holdings 25 stocks · $176.9M
| PDD PDD Holdings Inc. | 50.65% | 1,174,549 | $89.6M | Add +2.5% |
| BABA Alibaba Group Holding-SP ADR | 13.38% | 246,700 | $23.7M | Add +155.1% |
| LEGN Legend Biotech Corp.-ADR | 13.08% | 801,000 | $23.1M | Reduce -0.4% |
| CRCL Circle Internet Group Inc. | 10.04% | 283,500 | $17.8M | Add +239.5% |
| IBIT iShares Bitcoin Trust ETF | 4.64% | 246,400 | $8.2M | Add +48.1% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 2.96% | 360,000 | $5.2M | No change |
| HUYA Huya Inc.-ADR | 1.36% | 1,047,983 | $2.4M | No change |
| GLD SPDR Gold Shares | 0.62% | 3,000 | $1.1M | No change |
| AMD Advanced Micro Devices | 0.33% | 1,000 | $581K | Reduce -33.3% |
| ARWR Arrowhead Pharmaceuticals Inc. | 0.32% | 7,000 | $571K | No change |
| NOW ServiceNow Inc. | 0.31% | 5,500 | $546K | New |
| CSCO Cisco Systems Inc. | 0.30% | 4,500 | $529K | No change |
| MDB Mongodb Inc. | 0.25% | 1,300 | $437K | New |
| COPX Global X Copper Miners ETF | 0.22% | 5,000 | $385K | No change |
| MSFT Microsoft Corp. | 0.21% | 1,000 | $373K | No change |
| SNPS Synopsys Inc. | 0.20% | 800 | $357K | No change |
| SOXL Direx Dail Semi Bu 3X Et-Usd | 0.20% | 1,300 | $347K | New |
| JOYY Joyy Inc.-ADR | 0.19% | 5,000 | $330K | No change |
| BEAM Beam Therapeutics Inc. | 0.17% | 8,600 | $295K | No change |
| SIL Global X Silver Miners ETF | 0.15% | 3,500 | $271K | No change |
| URNM Sprott Uranium Miners ETF | 0.12% | 4,000 | $210K | Reduce -38.6% |
| NTLA Intellia Therapeutics Inc. | 0.10% | 10,000 | $169K | Reduce -49.6% |
| DHT DHT Holdings Inc. | 0.09% | 10,000 | $165K | No change |
| PRME Prime Medicine Inc. | 0.09% | 41,800 | $154K | No change |
| RERE Atrenew Inc. | 0.04% | 20,000 | $77K | No change |
Portfolio Sells Q1 2026 → Q2 2026
| TSLA Tesla Inc. | Sold out | 0.00% | −2.84 |
| AVBP Arrivent Biopharma Inc. | Sold out | 0.00% | −0.21 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.13 |
| URNM Sprott Uranium Miners ETF | Reduce -38.6% | 0.12% | −0.11 |
| NTLA Intellia Therapeutics Inc. | Reduce -49.6% | 0.10% | −0.05 |
| AMD Advanced Micro Devices | Reduce -33.3% | 0.33% | +0.16 |
| LEGN Legend Biotech Corp.-ADR | Reduce -0.4% | 13.08% | +4.90 |
Portfolio Buys Q1 2026 → Q2 2026
| BABA Alibaba Group Holding-SP ADR | Add +155.1% | 13.38% | +6.57 |
| CRCL Circle Internet Group Inc. | Add +239.5% | 10.04% | +5.56 |
| IBIT iShares Bitcoin Trust ETF | Add +48.1% | 4.64% | +1.04 |
| NOW ServiceNow Inc. | New | 0.31% | +0.31 |
| MDB Mongodb Inc. | New | 0.25% | +0.25 |
| SOXL Direx Dail Semi Bu 3X Et-Usd | New | 0.20% | +0.20 |
| PDD PDD Holdings Inc. | Add +2.5% | 50.65% | −15.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 25 | $176.9M | PDD, BABA, LEGN, CRCL, IBIT |
| Q1 2026 | 25 | $177.9M | PDD, LEGN, BABA, CRCL, IBIT |
| Q4 2025 | 23 | $189.6M | PDD, LEGN, BABA, IBIT, TSLA |
| Q3 2025 | 20 | $232.7M | PDD, LEGN, IBIT, BABA, ETHA |
| Q2 2025 | 13 | $216.7M | PDD, IBIT, LEGN, BABA, CSIQ |
| Q1 2025 | 17 | $212.8M | PDD, IBIT, LEGN, BABA, CSIQ |
| Q4 2024 | 22 | $225.1M | PDD, IBIT, TSM, TSLA, CSIQ |
| Q3 2024 | 22 | $228.2M | PDD, IBIT, TSM, TSLA, YMM |
| Q2 2024 | 21 | $234.7M | PDD, IBIT, YMM, TSM, TSLA |
| Q1 2024 | 20 | $215.0M | PDD, COIN, TSLA, YMM, IBIT |