Q4 2025 · 13F-HR
IvyRock Asset Management (HK) Ltdholdings as filed
Filed 2026-02-11 · accession 0001809525-26-000002
$189.6M
Reported value
23
Positions
2025-12-31
Period end
The Brief · IvyRock Asset Management (HK) Ltd · Q4 2025
AI · grounded in 13F
IvyRock Asset Management (HK) Ltd closed its position in ETHA, reducing its exposure by $12.6M. The fund established new positions in TSLA and GOOGL, investing $11.8M and $11.5M respectively. Other activity included new entries into HUYA and ALB, while the fund trimmed its holdings in ZLAB by 84.2% and BABA by 12.8%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 722304102 | PDD | PDD HOLDINGS INC | $112.4M | 59.3% | 991,509 | Common | SOLE |
| 52490G102 | LEGN | LEGEND BIOTECH CORP | $17.5M | 9.22% | 804,000 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $14.2M | 7.48% | 96,700 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $12.4M | 6.52% | 248,900 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $11.8M | 6.24% | 26,300 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $11.5M | 6.06% | 36,700 | Common | SOLE |
| 44852D108 | HUYA | HUYA INC | $2.8M | 1.50% | 985,422 | Common | SOLE |
| 012653101 | ALB | ALBEMARLE CORP | $1.2M | 0.65% | 8,700 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $1.2M | 0.63% | 3,000 | Common | SOLE |
| 78464A870 | XBI | SPDR SERIES TRUST | $731,580 | 0.39% | 6,000 | Common | SOLE |
| 04280A100 | ARWR | ARROWHEAD PHARMACEUTICALS IN | $564,315 | 0.30% | 8,500 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $483,620 | 0.26% | 1,000 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $375,776 | 0.20% | 800 | Common | SOLE |
| 83356Q108 | SY | SO YOUNG INTERNATIONAL INC | $360,960 | 0.19% | 141,000 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $346,635 | 0.18% | 4,500 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $321,240 | 0.17% | 1,500 | Common | SOLE |
| 98887Q104 | ZLAB | ZAI LAB LTD | $264,230 | 0.14% | 14,979 | Common | NONE |
| 37954Y830 | COPX | GLOBAL X FDS | $251,265 | 0.13% | 3,500 | Common | SOLE |
| 07373V105 | BEAM | BEAM THERAPEUTICS INC | $238,392 | 0.13% | 8,600 | Common | SOLE |
| 921078101 | OUNZ | VANECK MERK GOLD ETF | $231,579 | 0.12% | 2,700 | Common | SOLE |
| 45826J105 | NTLA | INTELLIA THERAPEUTICS INC | $173,777 | 0.09% | 19,330 | Common | SOLE |
| 74168J101 | PRME | PRIME MEDICINE INC | $145,046 | 0.08% | 41,800 | Common | SOLE |
| 00138L108 | RERE | ATRENEW INC | $106,000 | 0.06% | 20,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.