# IvyRock Asset Management (HK) Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1809525. Source: https://holderbook.com/funds/1809525-ivyrock-asset-management-hk-ltd/

- Reported value: $176.9M
- Positions: 25
- Weight of the ten largest: 97.4%
- Filed: 2026-08-04

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $89.6M | 1,174,549 | 50.6% | 19 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $23.7M | 246,700 | 13.4% | 8 |
| LEGEND BIOTECH CORP | [LEGN](https://holderbook.com/stocks/LEGN/) | $23.1M | 801,000 | 13.1% | 8 |
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $17.8M | 283,500 | 10.0% | 2 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $8.2M | 246,400 | 4.6% | 10 |
| KE HLDGS INC | [BEKE](https://holderbook.com/stocks/BEKE/) | $5.2M | 360,000 | 3.0% | 2 |
| HUYA INC | [HUYA](https://holderbook.com/stocks/HUYA/) | $2.4M | 1,047,983 | 1.4% | 3 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.1M | 3,000 | 0.6% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $580.9K | 1,000 | 0.3% | 6 |
| ARROWHEAD PHARMACEUTICALS IN | [ARWR](https://holderbook.com/stocks/ARWR/) | $570.6K | 7,000 | 0.3% | 4 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $546.0K | 5,500 | 0.3% | 1 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $528.6K | 4,500 | 0.3% | 11 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $436.7K | 1,300 | 0.2% | 1 |
| GLOBAL X FDS | [COPX](https://holderbook.com/stocks/COPX/) | $384.9K | 5,000 | 0.2% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $373.0K | 1,000 | 0.2% | 13 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $356.9K | 800 | 0.2% | 4 |
| DIREXION SHARES ETF TRUST | [SOXL](https://holderbook.com/stocks/SOXL/) | $346.7K | 1,300 | 0.2% | 1 |
| JOYY INC | [JOYY](https://holderbook.com/stocks/JOYY/) | $329.9K | 5,000 | 0.2% | 2 |
| BEAM THERAPEUTICS INC | [BEAM](https://holderbook.com/stocks/BEAM/) | $295.2K | 8,600 | 0.2% | 4 |
| GLOBAL X FDS | [SIL](https://holderbook.com/stocks/SIL/) | $271.1K | 3,500 | 0.2% | 2 |
| SPROTT FDS TR | [URNM](https://holderbook.com/stocks/URNM/) | $210.4K | 4,000 | 0.1% | 2 |
| INTELLIA THERAPEUTICS INC | [NTLA](https://holderbook.com/stocks/NTLA/) | $169.2K | 10,000 | 0.1% | 4 |
| DHT HOLDINGS INC | [DHT](https://holderbook.com/stocks/DHT/) | $165.3K | 10,000 | 0.1% | 2 |
| PRIME MEDICINE INC | [PRME](https://holderbook.com/stocks/PRME/) | $154.2K | 41,800 | 0.1% | 4 |
| ATRENEW INC | [RERE](https://holderbook.com/stocks/RERE/) | $77.4K | 20,000 | 0.0% | 11 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | -15.2% | +14.8% | -30.0% | 100% |
| Q1 2026 | -11.1% | -4.6% | -6.5% | 100% |
| Q4 2025 | -18.5% | +2.4% | -20.8% | 100% |
| Q3 2025 | +20.1% | +7.8% | +12.3% | 100% |
| Q2 2025 | +1.0% | +10.5% | -9.4% | 100% |
| Q1 2025 | +2.9% | -4.6% | +7.5% | 100% |
| Q4 2024 | -2.7% | +2.1% | -4.8% | 100% |
| Q3 2024 | +3.8% | +5.4% | -1.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $176.9M | 25 |
| Q1 2026 | $177.9M | 25 |
| Q4 2025 | $189.6M | 23 |
| Q3 2025 | $232.7M | 20 |
| Q2 2025 | $216.7M | 13 |
| Q1 2025 | $212.8M | 17 |
| Q4 2024 | $226.5M | 23 |
| Q3 2024 | $228.2M | 22 |
| Q2 2024 | $234.7M | 21 |
| Q1 2024 | $215.0M | 20 |
| Q4 2023 | $200.7M | 18 |
| Q3 2023 | $191.6M | 16 |