IvyRock Asset Management (HK) Ltd

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), IvyRock Asset Management (HK) Ltd reported 21 stock positions worth $234.7 million. Its top holding was PDD (PDD) at 47.9% of the portfolio, followed by iShares Bitcoin Trust ETF (IBIT, 10.4%) and Full Truck Alliance -SPN ADR (YMM, 9.7%). Compared with Q1 2024, it opened 4 new positions, sold out of 3, added to 2 and reduced 3. The biggest buy was PDD (PDD, shares +25%) and the biggest sale Coinbase Global Class A (COIN, shares −51%).

Most Recent 13F
Q2 2026
Location
SHEUNG WAN, K3
CIK
0001809525
Portfolio Value
$234.7M (Q2 2024)
SEC Filing
0001809525-24-000001 ↗ filed Aug 9, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $215.0M Q1 2024 Q2 2024: $234.7M $234.7M Q2 2024 Q3 2024: $228.2M Q3 2024 Q4 2024: $225.1M Q4 2024 Q1 2025: $212.8M Q1 2025 Q2 2025: $216.7M Q2 2025 Q3 2025: $232.7M Q3 2025 Q4 2025: $189.6M Q4 2025 Q1 2026: $177.9M Q1 2026 Q2 2026: $176.9M Q2 2026

Holdings 21 stocks · $234.7M
PDD PDD Holdings Inc. 47.88% 845,336 $112.4M Add +24.6%
IBIT iShares Bitcoin Trust ETF 10.38% 714,000 $24.4M Add +55.0%
YMM Full Truck Alliance -SPN ADR 9.74% 2,843,100 $22.9M No change
TSM Taiwan Semiconductor-SP ADR 8.39% 113,300 $19.7M No change
TSLA Tesla Inc. 7.52% 89,186 $17.6M Reduce -31.9%
COIN Coinbase Global Inc. Class A 6.63% 69,999 $15.6M Reduce -51.0%
BZ Kanzhun Ltd. - ADR 4.75% 592,612 $11.1M No change
HTHT H World Group Ltd.-ADR 1.77% 124,821 $4.2M No change
SE Sea Ltd.-ADR 1.49% 48,859 $3.5M No change
MSFT Microsoft Corp. 0.21% 1,090 $487K No change
VRNS Varonis Systems Inc. 0.20% 10,000 $480K New
SOWG Sow Good Inc. 0.17% 20,500 $410K New
ESTC Elastic NV 0.17% 3,500 $399K New
IREN Iren Ltd. filed as IRIS ENERGY LTD 0.17% 35,200 $397K New
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.14% 5,000 $328K No change
ANSS Ansys Inc. 0.11% 800 $257K No change
CSCO Cisco Systems Inc. 0.09% 4,500 $214K No change
B Barrick Gold Corp. 0.08% 11,000 $183K No change
VLN Valens Semiconductor Ltd. 0.05% 40,000 $128K Reduce -38.5%
RERE Atrenew Inc. 0.04% 35,000 $83K No change
CAN Canaan Inc. 0.02% 48,000 $48K No change

Portfolio Sells Q1 2024 → Q2 2024
COIN Coinbase Global Inc. Class A Reduce -51.0% 6.63% −10.98
TSLA Tesla Inc. Reduce -31.9% 7.52% −3.18
HIMS Hims & Hers Health Inc. Sold out 0.00% −0.20
GOOG Alphabet Inc. Class C Sold out 0.00% −0.13
SANTECH HLDGS LTD Sold out 0.00% −0.11
VLN Valens Semiconductor Ltd. Reduce -38.5% 0.05% −0.02

Portfolio Buys Q1 2024 → Q2 2024
PDD PDD Holdings Inc. Add +24.6% 47.88% +11.18
IBIT iShares Bitcoin Trust ETF Add +55.0% 10.38% +1.71
VRNS Varonis Systems Inc. New 0.20% +0.20
SOWG Sow Good Inc. New 0.17% +0.17
ESTC Elastic NV New 0.17% +0.17
IREN Iren Ltd. New 0.17% +0.17

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 25$176.9MPDD, BABA, LEGN, CRCL, IBIT
Q1 2026 25$177.9MPDD, LEGN, BABA, CRCL, IBIT
Q4 2025 23$189.6MPDD, LEGN, BABA, IBIT, TSLA
Q3 2025 20$232.7MPDD, LEGN, IBIT, BABA, ETHA
Q2 2025 13$216.7MPDD, IBIT, LEGN, BABA, CSIQ
Q1 2025 17$212.8MPDD, IBIT, LEGN, BABA, CSIQ
Q4 2024 22$225.1MPDD, IBIT, TSM, TSLA, CSIQ
Q3 2024 22$228.2MPDD, IBIT, TSM, TSLA, YMM
Q2 2024 21$234.7MPDD, IBIT, YMM, TSM, TSLA
Q1 2024 20$215.0MPDD, COIN, TSLA, YMM, IBIT