TB Alternative Assets Ltd.

CIK

1483503

Location

HONG KONG, K3

Portfolio Value

Small $554,262,833

Diversification

Diversified

Filing Date

Global Rank

#642 / 3,203 ▲ 2346

Top Industry

Semiconductors 43.9%

3Y Alpha vs SPY

+4.3%

Period ended 30 days ago

Filed Jul 17, 2026 · 13d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+81.3%

SPY

+65.3%

Annualised alpha

+3.7%

Max drawdown

−26.4%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

32 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

14.8%

−4.8 pts

Top 5

64.4%

+13.0 pts

Top 10

81.9%

+9.3 pts

HHI

949

Diversified+157

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	72.5%	$401,725,639	14
Communication Services	12.3%	$67,994,621	4
Consumer Cyclical	5.4%	$30,185,149	4
Energy	2.3%	$12,916,925	1
Financial Services	2.1%	$11,885,577	1
Healthcare	2.1%	$11,664,713	3
Industrials	2.0%	$11,331,422	2
Unclassified	0.7%	$4,007,149	1
Utilities	0.4%	$1,989,638	1
Consumer Defensive	0.1%	$562,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
INTC	Intel Corp	+302,675	586,946	$81,955,269
PSKY	Paramount Skydance Corp	+181,491	939,682	$9,265,264
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+131,390	158,390	$75,642,312
AGQ	ProShares Trust II	+31,155	58,920	$4,007,149
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
NOK	Nokia Corp	−1,194,419	242,550	$3,221,064
RKLB	Rocket Lab Corp	−306,500	52,703	$5,357,259
PDD	PDD Holdings Inc.	−110,100	230,128	$17,554,163
YMM	Full Truck Alliance Co. Ltd.	−55,600	412,834	$3,352,212
TCOM	Trip.com Group Ltd	−38,700	287,220	$11,442,844
META	Meta Platforms, Inc.	−32,960	102,040	$57,478,111
LEU	Centrus Energy Corp	−32,914	76,946	$12,916,925
UNH	Unitedhealth Group Inc	−31,509	15,675	$6,515,000
TME	Tencent Music Entertainment Group	−11,300	83,350	$695,972
MOGU	MOGU Inc.	−4,964	684,136	$1,142,507
YJ	Yunji Inc.	−112	32,138	$45,635
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
MRVL	Marvell Technology, Inc.	258,070	$76,876,472
SNDK	Sandisk Corp	28,484	$64,764,925
WDC	Western Digital Corp	64,052	$40,911,293
STX	Seagate Technology Holdings plc	14,652	$14,139,180
GLW	Corning Inc /Ny	46,800	$11,954,124
NU	Nu Holdings Ltd.	889,639	$11,885,577
COHR	Coherent Corp.	28,939	$11,415,567
ZM	Zoom Communications, Inc.	120,224	$10,376,533
MU	Micron Technology Inc	5,280	$6,094,651
GEV	GE Vernova Inc.	5,085	$5,974,163
OKLO	Oklo Inc.	38,021	$1,989,638
MRNA	Moderna, Inc.	8,700	$609,261
ALAB	Astera Labs, Inc.	1,215	$586,869
RBLX	Roblox Corp	10,211	$555,274
AVGO	Broadcom Inc.	1,152	$435,168
No positions match the current search.

Sold Out

Positions the filer fully exited

15 positions

Ticker	Company	Shares	Value
FIGR	Figure Technology Solutions, Inc.	997,433	$33,862,850
OXY	Occidental Petroleum Corp /De/	514,702	$33,455,630
AEM	Agnico Eagle Mines Ltd	100,073	$20,312,817
LMND	Lemonade, Inc.	235,818	$14,781,072
XOM	ExxonMobil Holdings Corp	79,653	$13,513,927
LNG	Cheniere Energy, Inc.	31,966	$9,070,672
MP	MP Materials Corp. / DE	129,376	$6,243,685
EQT	EQT Corp	77,095	$4,906,325
ET	Energy Transfer LP	251,006	$4,844,415
CEG	Constellation Energy Corp	12,508	$3,492,859
EPD	Enterprise Products Partners L.P.	64,451	$2,438,825
LITE	Lumentum Holdings Inc.	2,266	$1,592,454
CHWY	Chewy, Inc.	51,372	$1,387,044
CF	CF Industries Holdings, Inc.	10,590	$1,375,005
AXTI	Axt Inc	9,760	$556,124
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

32 tracked positions · $554,262,833 total · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
INTC	Intel Corp Technology	Added	586,946	+302,675	$81,955,269	+553.3%	14.79%
MRVL	Marvell Technology, Inc. Technology	NEW	258,070	NEW	$76,876,472	NEW	13.87%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	158,390	+131,390	$75,642,312	+729.0%	13.65%
SNDK	Sandisk Corp Technology	NEW	28,484	NEW	$64,764,925	NEW	11.68%
META	Meta Platforms, Inc. Communication Services	Reduced	102,040	-32,960	$57,478,111	−25.6%	10.37%
WDC	Western Digital Corp Technology	NEW	64,052	NEW	$40,911,293	NEW	7.38%
PDD	PDD Holdings Inc. Consumer Cyclical	Reduced	230,128	-110,100	$17,554,163	−49.5%	3.17%
STX	Seagate Technology Holdings plc Technology	NEW	14,652	NEW	$14,139,180	NEW	2.55%
LEU	Centrus Energy Corp Energy	Reduced	76,946	-32,914	$12,916,925	−32.3%	2.33%
GLW	Corning Inc /Ny Technology	NEW	46,800	NEW	$11,954,124	NEW	2.16%
NU	Nu Holdings Ltd. Financial Services	NEW	889,639	NEW	$11,885,577	NEW	2.14%
TCOM	Trip.com Group Ltd Consumer Cyclical	Reduced	287,220	-38,700	$11,442,844	−29.5%	2.06%
COHR	Coherent Corp. Technology	NEW	28,939	NEW	$11,415,567	NEW	2.06%
ZM	Zoom Communications, Inc. Technology	NEW	120,224	NEW	$10,376,533	NEW	1.87%
PSKY	Paramount Skydance Corp Communication Services	Added	939,682	+181,491	$9,265,264	+35.5%	1.67%
UNH	Unitedhealth Group Inc Healthcare	Reduced	15,675	-31,509	$6,515,000	−49.0%	1.18%
MU	Micron Technology Inc Technology	NEW	5,280	NEW	$6,094,651	NEW	1.10%
GEV	GE Vernova Inc. Industrials	NEW	5,085	NEW	$5,974,163	NEW	1.08%
RKLB	Rocket Lab Corp Industrials	Reduced	52,703	-306,500	$5,357,259	−76.8%	0.97%
SY	So-Young International Inc. Healthcare	Held	3,067,873	0	$4,540,452	−45.8%	0.82%
AGQ	ProShares Trust II	Added	58,920	+31,155	$4,007,149	+20.8%	0.72%
YMM	Full Truck Alliance Co. Ltd. Technology	Reduced	412,834	-55,600	$3,352,212	−13.8%	0.60%
NOK	Nokia Corp Technology	Reduced	242,550	-1,194,419	$3,221,064	−72.1%	0.58%
OKLO	Oklo Inc. Utilities	NEW	38,021	NEW	$1,989,638	NEW	0.36%
MOGU	MOGU Inc. Consumer Cyclical	Reduced	684,136	-4,964	$1,142,507	−25.7%	0.21%
TME	Tencent Music Entertainment Group Communication Services	Reduced	83,350	-11,300	$695,972	−20.8%	0.13%
MRNA	Moderna, Inc. Healthcare	NEW	8,700	NEW	$609,261	NEW	0.11%
ALAB	Astera Labs, Inc. Technology	NEW	1,215	NEW	$586,869	NEW	0.11%
YOUL	Youlife Group Inc. Consumer Defensive	Held	1,000,000	0	$562,000	−42.4%	0.10%
RBLX	Roblox Corp Communication Services	NEW	10,211	NEW	$555,274	NEW	0.10%
AVGO	Broadcom Inc. Technology	NEW	1,152	NEW	$435,168	NEW	0.08%
YJ	Yunji Inc. Consumer Cyclical	Reduced	32,138	-112	$45,635	−6.3%	0.01%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.