Ivyrock Asset Management (hk) Ltd 13F annual report
Ivyrock Asset Management (hk) Ltd is an investment fund managing more than $172 billion ran by Yongshan Duanmu. There are currently 16 companies in Duanmu’s portfolio. The largest investments include PDD Inc and Tesla Inc, together worth $107 billion.
$172 billion Assets Under Management (AUM)
As of 1st August 2023, Ivyrock Asset Management (hk) Ltd’s top holding is 805,236 shares of PDD Inc currently worth over $55.7 billion and making up 32.4% of the portfolio value.
Relative to the number of outstanding shares of PDD Inc, Ivyrock Asset Management (hk) Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 197,286 shares of Tesla Inc worth $51.6 billion, whose value grew 26.1% in the past six months.
The third-largest holding is Taiwan Semiconductor Mfg Ltd worth $15.5 billion and the next is Barrick Gold worth $14.7 billion, with 975,512 shares owned.
Currently, Ivyrock Asset Management (hk) Ltd's portfolio is worth at least $172 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Ivyrock Asset Management (hk) Ltd
The Ivyrock Asset Management (hk) Ltd office and employees reside in Sheung Wan, Hong Kong. According to the last 13-F report filed with the SEC, Yongshan Duanmu serves as the Director at Ivyrock Asset Management (hk) Ltd.
Recent trades
In the most recent 13F filing, Ivyrock Asset Management (hk) Ltd revealed that it had opened a new position in
Futu Hldgs Ltd and bought 7,200 shares worth $286 million.
The investment fund also strengthened its position in PDD Inc by buying
118,600 additional shares.
This makes their stake in PDD Inc total 805,236 shares worth $55.7 billion.
PDD Inc soared 79.6% in the past year.
On the other hand, there are companies that Ivyrock Asset Management (hk) Ltd is getting rid of from its portfolio.
Ivyrock Asset Management (hk) Ltd closed its position in Kanzhun Limited on 7th August 2023.
It sold the previously owned 966,412 shares for $18.4 billion.
Yongshan Duanmu also disclosed a decreased stake in Tesla Inc by 0.2%.
This leaves the value of the investment at $51.6 billion and 197,286 shares.
One of the smaller hedge funds
The two most similar investment funds to Ivyrock Asset Management (hk) Ltd are Miura Global Management and Mark Sheptoff Financial Planning. They manage $172 billion and $172 billion respectively.
Yongshan Duanmu investment strategy
Ivyrock Asset Management (hk) Ltd’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 65.1% of
the total portfolio value.
The fund focuses on investments in the China as
18.8% of the portfolio companies
are based in the China.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
56% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $269 billion.
The complete list of Ivyrock Asset Management (hk) Ltd trades based on 13F SEC filings
These positions were updated on August 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| PDD Holdings Inc |
17.27%
805,236
|
$55,674,017,000 | 32.38% |
| Tesla Inc |
20.32%
197,286
|
$51,643,556,000 | 30.04% |
| Kanzhun Limited |
Closed
966,412
|
$18,390,820,000 | |
| Taiwan Semiconductor Mfg Ltd |
36.99%
153,300
|
$15,471,036,000 | 9.00% |
| Barrick Gold Corp. |
8,768.29%
975,512
|
$14,702,136,000 | 8.55% |
| Futu Hldgs Ltd |
Closed
250,240
|
$12,974,944,000 | |
| ZoomInfo Technologies Inc. |
No change
446,697
|
$11,341,637,000 | 6.60% |
| Full Truck Alliance Co. Ltd. |
33.18%
883,000
|
$5,492,260,000 | 3.19% |
| H World Group Ltd |
No change
124,821
|
$4,840,558,000 | 2.82% |
| JD.com Inc |
0.87%
136,847
|
$4,670,588,000 | 2.72% |
| Sea Ltd |
No change
48,859
|
$2,835,776,000 | 1.65% |
| Coinbase Global Inc |
No change
31,710
|
$2,268,851,000 | 1.32% |
| Hywin Hldg Ltd |
No change
200,000
|
$1,386,000,000 | 0.81% |
| Adobe Systems Incorporated |
Closed
1,500
|
$578,055,000 | |
| Crowdstrike Holdings Inc |
16.67%
3,500
|
$514,045,000 | 0.30% |
| Entegris Inc |
No change
3,300
|
$365,706,000 | 0.21% |
| Futu Hldgs Ltd |
Opened
7,200
|
$286,128,000 | 0.17% |
| Microsoft Corporation |
Opened
790
|
$269,027,000 | 0.16% |
| Scorpio Tankers, Inc. |
Closed
3,900
|
$219,609,000 | |
| Valens Semiconductor Ltd |
44.44%
65,000
|
$164,450,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||
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