Aspex Management (HK) Ltd

CIK

1768375

Location

CENTRAL, K3

Portfolio Value

Mid $8,872,962,452

Diversification

Diversified

Filing Date

Global Rank

#502 / 8,517 ▲ 41

Top Industry

Software - Infrastructure 24.6%

3Y Alpha vs SPY

+9.5%

Period ended 48 days ago

Filed Aug 14, 2026 · 3d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 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

+123.3%

SPY

+77.9%

Annualised alpha

+9.5%

Max drawdown

−28.0%

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. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

15.6%

+0.1 pts

Top 5

55.0%

+0.7 pts

Top 10

80.3%

+1.4 pts

HHI

828

Diversified+22

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	58.1%	$5,157,459,699	9
Consumer Cyclical	27.7%	$2,455,090,408	8
Financial Services	8.4%	$747,816,959	3
Industrials	3.1%	$270,985,367	1
Consumer Defensive	2.5%	$222,689,508	3
Communication Services	0.2%	$18,920,511	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
CPNG	Coupang, Inc.	+21,991,120	38,028,965	$660,563,122
CVNA	Carvana Co.	+9,072,909	10,891,999	$716,911,374
CRWV	CoreWeave, Inc.	+862,674	7,960,201	$792,358,407
SNPS	Synopsys Inc	+442,114	3,112,646	$1,388,458,001
MKSI	Mks Inc	+281,652	1,820,441	$809,732,156
TER	Teradyne, Inc	+125,871	631,941	$305,758,333
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
GRAB	Grab Holdings Ltd	−4,970,000	54,334,024	$204,839,270
GLW	Corning Inc /Ny	−1,067,324	1,477,410	$377,374,836
PRE	Prenetics Global Ltd	−346,150	1,166,666	$0
LITE	Lumentum Holdings Inc.	−116,705	87,237	$74,854,580
EDU	New Oriental Education & Technology Group Inc.	−9,091	4,523,574	$207,677,282
LANV	Lanvin Group Holdings Ltd	−8,314	4,491,686	$6,557,861
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
QCOM	Qualcomm Inc/De	6,360,236	$1,175,308,010
INIO	Innio N.V.	6,851,716	$270,985,367
NU	Nu Holdings Ltd.	16,289,511	$217,627,866
F	Ford Motor Co	11,888,605	$165,251,609
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
NVDA	Nvidia Corp	5,174,466	$902,426,870
YMM	Full Truck Alliance Co. Ltd.	21,791,354	$180,868,238
ATAT	Atour Lifestyle Holdings Ltd	3,552,677	$130,774,040
RBOT	Vicarious Surgical Inc.	86,666	$62,399
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

25 tracked positions · $8,872,962,452 total · filing declares 29 positions · $8,891,270 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SNPS	Synopsys Inc Technology	Added	3,112,646	+442,114	$1,388,458,001	+31.1%	15.65%
QCOM	Qualcomm Inc/De Technology	NEW	6,360,236	NEW	$1,175,308,010	NEW	13.25%
MKSI	Mks Inc Technology	Added	1,820,441	+281,652	$809,732,156	+129.0%	9.13%
CRWV	CoreWeave, Inc. Technology	Added	7,960,201	+862,674	$792,358,407	+44.1%	8.93%
CVNA	Carvana Co. Consumer Cyclical	Added	10,891,999	+9,072,909	$716,911,374	+25.4%	8.08%
CPNG	Coupang, Inc. Consumer Cyclical	Added	38,028,965	+21,991,120	$660,563,122	+118.2%	7.44%
SE	Sea Ltd Consumer Cyclical	Held	4,870,097	0	$466,701,395	+15.7%	5.26%
FUTU	Futu Holdings Ltd Financial Services	Held	4,572,746	0	$428,649,210	−31.5%	4.83%
GLW	Corning Inc /Ny Technology	Reduced	1,477,410	-1,067,324	$377,374,836	+9.1%	4.25%
TER	Teradyne, Inc Technology	Added	631,941	+125,871	$305,758,333	+103.8%	3.45%
AS	Amer Sports, Inc. Consumer Cyclical	Held	8,268,605	0	$279,809,593	+2.8%	3.15%
INIO	Innio N.V. Industrials	NEW	6,851,716	NEW	$270,985,367	NEW	3.05%
NU	Nu Holdings Ltd. Financial Services	NEW	16,289,511	NEW	$217,627,866	NEW	2.45%
EDU	New Oriental Education & Technology Group Inc. Consumer Defensive	Reduced	4,523,574	-9,091	$207,677,282	−19.1%	2.34%
GRAB	Grab Holdings Ltd Technology	Reduced	54,334,024	-4,970,000	$204,839,270	−5.6%	2.31%
F	Ford Motor Co Consumer Cyclical	NEW	11,888,605	NEW	$165,251,609	NEW	1.86%
QFIN	Qfin Holdings, Inc. Financial Services	Held	6,422,510	0	$101,539,883	+22.5%	1.14%
TCOM	Trip.com Group Ltd Consumer Cyclical	Held	2,329,290	0	$92,798,913	−20.0%	1.05%
LITE	Lumentum Holdings Inc. Technology	Reduced	87,237	-116,705	$74,854,580	−47.8%	0.84%
NIO	NIO Inc. Consumer Cyclical	Held	13,141,609	0	$66,496,541	−16.1%	0.75%
PONY	Pony AI Inc. Technology	Held	4,140,447	0	$28,776,106	−26.4%	0.32%
NTES	NetEase, Inc. Communication Services	Held	147,655	0	$18,920,511	+14.5%	0.21%
RLX	RLX Technology Inc. Consumer Defensive	Held	7,901,172	0	$15,012,226	−13.6%	0.17%
LANV	Lanvin Group Holdings Ltd Consumer Cyclical	Reduced	4,491,686	-8,314	$6,557,861	−3.5%	0.07%
PRE	Prenetics Global Ltd Consumer Defensive	Reduced	1,166,666	-346,150	$0	−100.0%	0.00%

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.