HCEP Management Ltd — Q4 2025 13F-HR

← HCEP Management Ltd

Q4 2025 · 13F-HR

HCEP Management Ltdholdings as filed

Filed 2026-02-13 · accession 0001822015-26-000002

$122.6M

Reported value

Positions

2025-12-31

Period end

View analyzed profile →PRO

The Brief · HCEP Management Ltd · Q4 2025

AI · grounded in 13F

HCEP Management Ltd established a new position in UVXY valued at $19.96M. The fund closed several positions, including TAL for $11.1M, QFIN for $10.13M, and LX for $9.12M. Additionally, the fund exited BIDU and trimmed its holdings in BABA by 12.42%.

Holdings as filed

CUSIP	Ticker	Issuer	Value	% port.	Shares	Class	Voting
01609W102	BABA	ALIBABA GROUP HLDG LTD	$70.8M	57.7%	482,703	Common	SOLE
74347Y680	UVXY	PROSHARES TR II	$20.0M	16.3%	555,426	Common	SOLE
66981J102	MNSO	MINISO GROUP HLDG LTD	$18.6M	15.2%	991,297	Common	SOLE
871607107	SNPS	SYNOPSYS INC	$13.3M	10.8%	28,279	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.