IvyRock Asset Management (HK) Ltd 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
IvyRock Asset Management (HK) Ltd disclosed 23 US equity positions worth $189.6m in its Q4 2025 13F filing. The largest position was PDD at 59.3% of the reported book, followed by LEGN and BABA. Against the Q3 2025 filing, it opened 7 new positions, added to 3 and reduced 7 among the top 23 holdings.
What did IvyRock Asset Management (HK) Ltd own in Q4 2025? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | PDD PDD HOLDINGS INC | Consumer Cyclical | 59.3% | $112.4m | 991,509 | -4% | reduced |
| 2 | LEGN LEGEND BIOTECH CORP | Healthcare | 9.2% | $17.5m | 804,000 | -6% | reduced |
| 3 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 7.5% | $14.2m | 96,700 | -13% | reduced |
| 4 | IBIT ISHARES BITCOIN TRUST ETF | 6.5% | $12.4m | 248,900 | -39% | reduced | |
| 5 | TSLA TESLA INC | Consumer Cyclical | 6.2% | $11.8m | 26,300 | – | new |
| 6 | GOOGL ALPHABET INC | Communication Services | 6.1% | $11.5m | 36,700 | – | new |
| 7 | HUYA HUYA INC | Communication Services | 1.5% | $2.8m | 985,422 | – | new |
| 8 | ALB ALBEMARLE CORP | Basic Materials | 0.6% | $1.2m | 8,700 | – | new |
| 9 | GLD SPDR GOLD TR | 0.6% | $1.2m | 3,000 | 0% | held | |
| 10 | XBI SPDR SERIES TRUST | 0.4% | $731.6k | 6,000 | – | new | |
| 11 | ARWR ARROWHEAD PHARMACEUTICALS IN | Healthcare | 0.3% | $564.3k | 8,500 | -19% | reduced |
| 12 | MSFT MICROSOFT CORP | Technology | 0.3% | $483.6k | 1,000 | 0% | held |
| 13 | SNPS SYNOPSYS INC | Technology | 0.2% | $375.8k | 800 | 60% | added |
| 14 | SY SO YOUNG INTERNATIONAL INC | 0.2% | $361.0k | 141,000 | 0% | held | |
| 15 | CSCO CISCO SYS INC | Technology | 0.2% | $346.6k | 4,500 | 0% | held |
| 16 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.2% | $321.2k | 1,500 | -25% | reduced |
| 17 | ZLAB ZAI LAB LTD | Healthcare | 0.1% | $264.2k | 14,979 | -84% | reduced |
| 18 | COPX GLOBAL X FDS | 0.1% | $251.3k | 3,500 | – | new | |
| 19 | BEAM BEAM THERAPEUTICS INC | Healthcare | 0.1% | $238.4k | 8,600 | 0% | held |
| 20 | OUNZ VANECK MERK GOLD ETF | 0.1% | $231.6k | 2,700 | – | new | |
| 21 | NTLA INTELLIA THERAPEUTICS INC | Healthcare | 0.1% | $173.8k | 19,330 | 35% | added |
| 22 | PRME PRIME MEDICINE INC | 0.1% | $145.0k | 41,800 | 0% | held | |
| 23 | RERE ATRENEW INC | 0.1% | $106.0k | 20,000 | 11% | added |
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.