Aspex Management (HK) Ltd 13F holdings, Q4 2024
Holdings as of December 31, 2024 · filings on SEC EDGAR · latest filing →
Aspex Management (HK) Ltd disclosed 32 US equity positions worth $3.7bn in its Q4 2024 13F filing. The largest position was SE at 14.0% of the reported book, followed by EDU and TER. Against the Q3 2024 filing, it opened 8 new positions, added to 5 and reduced 5 among the top 32 holdings.
What did Aspex Management (HK) Ltd own in Q4 2024? Top 32 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2024 |
|---|---|---|---|---|---|---|---|
| 1 | SE SEA LTD | Consumer Cyclical | 14.0% | $519.4m | 4,895,815 | -1% | reduced |
| 2 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 12.9% | $478.5m | 7,454,906 | 57% | added |
| 3 | TER TERADYNE INC | Technology | 11.0% | $407.3m | 3,234,842 | 35% | added |
| 4 | QFIN QIFU TECHNOLOGY INC | Financial Services | 6.6% | $244.6m | 6,371,808 | 11% | added |
| 5 | FUTU FUTU HLDGS LTD | Financial Services | 6.2% | $230.8m | 2,885,929 | -37% | reduced |
| 6 | LI LI AUTO INC | Consumer Cyclical | 4.8% | $179.5m | 7,480,871 | -30% | reduced |
| 7 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 4.4% | $164.6m | 15,208,627 | – | new |
| 8 | DASH DOORDASH INC | Consumer Cyclical | 4.3% | $160.3m | 955,406 | -33% | reduced |
| 9 | TCOM TRIP COM GROUP LTD | Consumer Cyclical | 3.5% | $128.6m | 1,872,533 | -14% | reduced |
| 10 | MU MICRON TECHNOLOGY INC | Technology | 3.4% | $126.7m | 1,504,939 | 34% | added |
| 11 | ATAT ATOUR LIFESTYLE HLDGS LTD | Consumer Cyclical | 3.3% | $121.3m | 4,510,636 | 0% | held |
| 12 | BEKE KE HLDGS INC | Real Estate | 3.2% | $120.0m | 6,514,463 | – | new |
| 13 | GDS GDS HLDGS LTD | Technology | 3.2% | $117.1m | 4,926,727 | 23% | added |
| 14 | TAL TAL EDUCATION GROUP | Consumer Defensive | 2.9% | $105.8m | 10,555,730 | 0% | held |
| 15 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.8% | $104.9m | 531,348 | – | new |
| 16 | JD JD.COM INC | Consumer Cyclical | 2.5% | $93.6m | 2,698,651 | – | new |
| 17 | ELF E L F BEAUTY INC | Consumer Defensive | 2.0% | $73.6m | 586,028 | – | new |
| 18 | H WORLD GROUP LTD | 1.4% | $53.2m | 50,000,000 | 0% | held | |
| 19 | HDB HDFC BANK LTD | Financial Services | 1.3% | $46.4m | 726,915 | 0% | held |
| 20 | SE SEA LTD | 1.0% | $38.0m | 30,000,000 | 0% | held | |
| 21 | PONY PONY AI INC | Technology | 0.9% | $34.1m | 2,375,666 | – | new |
| 22 | EPAM EPAM SYS INC | Technology | 0.8% | $30.6m | 130,904 | – | new |
| 23 | ENPH ENPHASE ENERGY INC | Technology | 0.8% | $29.4m | 428,615 | 0% | held |
| 24 | IQIYI INC | 0.7% | $26.9m | 28,000,000 | 0% | held | |
| 25 | RLX RLX TECHNOLOGY INC | Consumer Defensive | 0.7% | $26.2m | 12,123,409 | 0% | held |
| 26 | VNET VNET GROUP INC | Technology | 0.4% | $14.1m | 2,964,552 | 0% | held |
| 27 | NTES NETEASE INC | Communication Services | 0.4% | $13.2m | 147,655 | – | new |
| 28 | LANVIN GROUP HOLDINGS LIMITE | 0.2% | $9.0m | 4,500,000 | 0% | held | |
| 29 | PRENETICS GLOBAL LTD | 0.1% | $2.0m | 346,150 | 0% | held | |
| 30 | RBOT VICARIOUS SURGICAL INC | 0.0% | $1.1m | 86,666 | 0% | held | |
| 31 | LANVIN GROUP HOLDINGS LIMITE | 0.0% | $40.0k | 1,000,000 | 0% | held | |
| 32 | PRENETICS GLOBAL LTD | 0.0% | $9.0k | 1,166,666 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.