IvyRock Asset Management (HK) Ltd
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 7, 2024), IvyRock Asset Management (HK) Ltd reported 20 stock positions worth $215.0 million. Its top holding was PDD (PDD) at 36.7% of the portfolio, followed by Coinbase Global Class A (COIN, 17.6%) and Tesla (TSLA, 10.7%). Compared with Q4 2023, it opened 6 new positions, sold out of 4, added to 2 and reduced 4. The biggest buy was a new position in Coinbase Global Class A (COIN) and the biggest sale Tesla (TSLA, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- SHEUNG WAN, K3
- CIK
- 0001809525
- Portfolio Value
- $215.0M (Q1 2024)
- SEC Filing
- 0001822809-24-000003 ↗ filed May 7, 2024
Holdings Value
Holdings 20 stocks · $215.0M
| PDD PDD Holdings Inc. | 36.70% | 678,636 | $78.9M | Add +6.1% |
| COIN Coinbase Global Inc. Class A | 17.61% | 142,799 | $37.9M | New |
| TSLA Tesla Inc. | 10.70% | 130,886 | $23.0M | Reduce -11.7% |
| YMM Full Truck Alliance -SPN ADR | 9.61% | 2,843,100 | $20.7M | Reduce -9.5% |
| IBIT iShares Bitcoin Trust ETF | 8.67% | 460,800 | $18.6M | New |
| TSM Taiwan Semiconductor-SP ADR | 7.17% | 113,300 | $15.4M | Reduce -26.1% |
| BZ Kanzhun Ltd. - ADR | 4.83% | 592,612 | $10.4M | Reduce -38.6% |
| HTHT H World Group Ltd.-ADR | 2.25% | 124,821 | $4.8M | No change |
| SE Sea Ltd.-ADR | 1.22% | 48,859 | $2.6M | No change |
| MSFT Microsoft Corp. | 0.21% | 1,090 | $459K | No change |
| HIMS Hims & Hers Health Inc. | 0.20% | 28,000 | $433K | New |
| ANSS Ansys Inc. | 0.13% | 800 | $278K | Add +33.3% |
| GOOG Alphabet Inc. Class C | 0.13% | 1,800 | $274K | New |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.13% | 5,000 | $271K | New |
| SANTECH HLDGS LTD filed as HYWIN HLDG LTD | 0.11% | 184,927 | $237K | No change |
| CSCO Cisco Systems Inc. | 0.10% | 4,500 | $225K | No change |
| B Barrick Gold Corp. | 0.09% | 11,000 | $183K | No change |
| VLN Valens Semiconductor Ltd. | 0.07% | 65,000 | $153K | No change |
| CAN Canaan Inc. | 0.03% | 48,000 | $73K | New |
| RERE Atrenew Inc. | 0.03% | 35,000 | $62K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| TSLA Tesla Inc. | Reduce -11.7% | 10.70% | −7.03 |
| GTM Zoominfo Technologies Inc. | Sold out | 0.00% | −4.32 |
| BZ Kanzhun Ltd. - ADR | Reduce -38.6% | 4.83% | −3.15 |
| YMM Full Truck Alliance -SPN ADR | Reduce -9.5% | 9.61% | −1.37 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -26.1% | 7.17% | −0.77 |
| VRNS Varonis Systems Inc. | Sold out | 0.00% | −0.20 |
| TAL Tal Education Group- ADR | Sold out | 0.00% | −0.17 |
| TUYA Tuya Inc. | Sold out | 0.00% | −0.16 |
Portfolio Buys Q4 2023 → Q1 2024
| COIN Coinbase Global Inc. Class A | New | 17.61% | +17.61 |
| IBIT iShares Bitcoin Trust ETF | New | 8.67% | +8.67 |
| HIMS Hims & Hers Health Inc. | New | 0.20% | +0.20 |
| GOOG Alphabet Inc. Class C | New | 0.13% | +0.13 |
| FUTU Futu Holdings Ltd.-ADR | New | 0.13% | +0.13 |
| CAN Canaan Inc. | New | 0.03% | +0.03 |
| ANSS Ansys Inc. | Add +33.3% | 0.13% | +0.02 |
| PDD PDD Holdings Inc. | Add +6.1% | 36.70% | −9.94 |
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 |