Aspex Management (HK) Ltd
CIK 1768375 · View on SEC EDGAR ↗
- Portfolio value
- $8.9M
- Positions
- 27
- As of
- June 30, 2026
#8,977 of 9,443 by 13F value · top 95.1%
Portfolio value QoQ: +28.9% 13F does not disclose cash
- Top 10 holdings weight
- 80.10%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 18
- Effective number of positions
- 12.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 20.43% Est. buys $3,295,590 · sells $1,612,764
Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 44.3% still held
- New positions
- 5
- Increased
- 6
- Decreased
- 5
- Closed
- 6
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
50.6%
Retail
20.7%
Consumer Discretionary
6.9%
Industrials
6.5%
Financial Services
6.0%
Financials
2.4%
Diversified Consumer Services
2.3%
Communications
0.8%
Communication Services
0.2%
Consumer Staples
0.2%
Other/Unmapped
3.3%
Full portfolio 27 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SNPS Synopsys, Inc. - Common Stock | $1,388,458 | 15.62% | 3,112,646 | $329,645 | Up ×5 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $1,175,308 | 13.22% | 6,360,236 | Up ×1 | |||
| MKSI MKS Inc. - Common Stock | $809,732 | 9.11% | 1,820,441 | $456,103 | Up ×1 | ||
| CRWV CoreWeave, Inc. - Class A Common Stock | $792,358 | 8.91% | 7,960,201 | $242,513 | Up ×1 | ||
| CVNA Carvana Co. Class A Common Stock | $716,911 | 8.06% | 10,891,999 | $145,025 | Up ×1 | ||
| CPNG Coupang, Inc. Class A Common Stock | $660,563 | 7.43% | 38,028,965 | $357,768 | Up ×1 | ||
| SE Sea Limited American Depositary Shares, each representing one Class A Ordinary Share | $466,701 | 5.25% | 4,870,097 | $63,408 | |||
| FUTU Futu Holdings Limited - American Depositary Shares | $428,649 | 4.82% | 4,572,746 | $-196,720 | |||
| GLW Corning Incorporated Common Stock | $377,375 | 4.24% | 1,477,410 | $31,368 | Down ×1 | ||
| TER Teradyne, Inc. - Common Stock | $305,758 | 3.44% | 631,941 | $155,728 | Up ×1 | ||
| AS Amer Sports, Inc. Ordinary Shares | $279,810 | 3.15% | 8,268,605 | $7,608 | |||
| Unknown issuer (CUSIP: N52A8C105) | $270,985 | 3.05% | 6,851,716 | Up ×1 | |||
| NU Nu Holdings Ltd. Class A Ordinary Shares | $217,628 | 2.45% | 16,289,511 | Up ×1 | |||
| EDU New Oriental Education & Technology Group, Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands) | $207,677 | 2.34% | 4,523,574 | $-49,008 | Down ×4 | ||
| GRAB Grab Holdings Limited - Class A Ordinary Shares | $204,839 | 2.30% | 54,334,024 | $-12,214 | Down ×1 | ||
| F Ford Motor Company Common Stock | $165,252 | 1.86% | 11,888,605 | Up ×1 | |||
| QFIN Qfin Holdings, Inc. - American Depositary Shares | $101,540 | 1.14% | 6,422,510 | $18,625 | |||
| TCOM Trip.com Group Limited - American Depositary Shares | $92,799 | 1.04% | 2,329,290 | $-23,176 | |||
| LITE Lumentum Holdings Inc. - Common Stock | $74,855 | 0.84% | 87,237 | $-68,467 | Down ×2 | ||
| NIO NIO Inc. American depositary shares, each representing one Class A ordinary share | $66,497 | 0.75% | 13,141,609 | $-12,747 | |||
| PONY Pony AI Inc. - American Depositary Shares | $28,776 | 0.32% | 4,140,447 | $-10,310 | |||
| NTES NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares | $18,921 | 0.21% | 147,655 | $2,392 | |||
| Unknown issuer (CUSIP: 747525903) | $17,988 | 0.20% | 1,600,000 | Call option | Up ×1 | ||
| RLX RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share | $15,012 | 0.17% | 7,901,172 | $-2,371 | |||
| LANV Lanvin Group Holdings Limited Ordinary Shares | $6,558 | 0.07% | 4,491,686 | $-237 | Down ×1 | ||
| Unknown issuer (CUSIP: G4124C909) | $20 | 0.00% | 20,052,900 | Call option | $-1,344 | ||
| PRENW Prenetics Global Limited - Warrant | $15 | 0.00% | 1,166,666 | $-6 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| SNPS | $1,388,458 | 15.62% | up ×5 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| MKSI | Bought more | +282K | +$456K |
| CPNG | Bought more | +22.0M | +$358K |
| SNPS | Bought more | +442K | +$330K |
| CRWV | Bought more | +863K | +$243K |
| FUTU | Price move only | +0 | -$197K |
| TER | Bought more | +126K | +$156K |
| CVNA | Bought more | +9.1M | +$145K |
| LITE | Trimmed | -117K | -$68K |
| SE | Price move only | +0 | +$63K |
| EDU | Trimmed | -9K | -$49K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| NVDA | June 30, 2026 | 5,174,466 | $902,427 | 9.5% |
| TER | March 31, 2025 | 3,234,842 | $407,331 | 357.9% |
| TSM | Sept. 30, 2025 | 1,746,681 | $395,606 | 47.8% |
| PDD | March 31, 2026 | 3,109,525 | $352,589 | -13.3% |
| MRVL | Sept. 30, 2025 | 4,195,561 | $324,736 | 189.3% |
| INTC | Sept. 30, 2025 | 12,398,919 | $277,736 | 171.0% |
| TAL | Sept. 30, 2025 | 21,586,517 | $220,614 | 5.2% |
| DASH | Dec. 31, 2025 | 724,740 | $197,122 | -2.1% |
| YMM | June 30, 2026 | 21,791,354 | $180,868 | 6.7% |
| MU | June 30, 2025 | 2,020,350 | $175,548 | 658.1% |
| CDNS | June 30, 2025 | 569,333 | $144,798 | 2.3% |
| CRS | Dec. 31, 2025 | 554,758 | $136,215 | 58.3% |
| GDS | Sept. 30, 2025 | 4,406,949 | $134,720 | -13.0% |
| ATAT | June 30, 2026 | 3,552,677 | $130,774 | 14.6% |
| DECK | Sept. 30, 2025 | 1,198,917 | $123,572 | -11.5% |
| BEKE | June 30, 2025 | 5,126,453 | $102,990 | -4.4% |
| JD | March 31, 2025 | 2,698,651 | $93,562 | -29.1% |
| TCOM | Sept. 30, 2025 | 1,491,643 | $87,470 | -38.7% |
| ELF | March 31, 2025 | 586,028 | $73,576 | 61.5% |
| LRCX | Dec. 31, 2025 | 399,641 | $53,512 | 79.6% |
| BIDU | Dec. 31, 2025 | 368,351 | $48,538 | -28.1% |
| HDB | March 31, 2025 | 726,915 | $46,421 | -30.1% |
| EPAM | March 31, 2025 | 130,904 | $30,608 | -35.1% |
| ENPH | March 31, 2025 | 428,615 | $29,437 | -38.2% |
| FLUT | June 30, 2025 | 104,210 | $23,088 | -64.2% |
| LI | June 30, 2025 | 643,708 | $16,221 | -52.9% |
| VNET | March 31, 2025 | 2,964,552 | $14,052 | -17.2% |
| PRE | June 30, 2026 | 346,150 | $6,688 | -1.7% |
| RBOT | June 30, 2026 | 86,666 | $62 | No longer tracked |
| LANVWS | June 30, 2026 | 1,000,000 | $11 | No longer tracked |