Filed: 11/14/2023ACC: 0001822015-23-000011
📋 What this filing means
HCEP MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 15 equity positions with a total reported market value of $385.65M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
15
Positions
$385.65M
Total AUM (reported)
43.45M
Total Shares
Allocation by class
SPONSORED ADS$340.14M88.2%
SPON ADS CL A$16.79M4.4%
DL FTSE BULL 3X$14.46M3.7%
ADS$11.78M3.1%
COM$1.88M0.5%
SPNSRD ADS NEW$605.4K0.2%
Portfolio Concentration
Top 3$295.05M76.5%
4–10$81.89M21.2%
11–25$8.70M2.3%
Top 3 weight
76.5%
Top 10 weight
97.7%
Voting Authority Distribution
Total shares with voting rights: 43.45M
Sole
Full voting authority
43.45M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole15
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings15
Rows:
KE HLDGS INC
SOLEShares9.89M
TypeSH
Market value$153.55M
39.82%
Sole
9.89M
Shared
0.00
None
0.00
IQIYI INC
SOLEShares15M
TypeSH
Market value$71.10M
18.44%
Sole
15M
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD
SOLEShares10M
TypeSH
Market value$70.40M
18.25%
Sole
10M
Shared
0.00
None
0.00
PDD HOLDINGS INC
SOLEShares250K
TypeSH
Market value$24.52M
6.36%
Sole
250K
Shared
0.00
None
0.00
FUTU HLDGS LTD
SOLEShares290.50K
TypeSH
Market value$16.79M
4.35%
Sole
290.50K
Shared
0.00
None
0.00
DIREXION SHS ETF TR
SOLEShares500K
TypeSH
Market value$14.46M
3.75%
Sole
500K
Shared
0.00
None
0.00
TRIP COM GROUP LTD
SOLEShares250K
TypeSH
Market value$8.74M
2.27%
Sole
250K
Shared
0.00
None
0.00
TAL EDUCATION GROUP
SOLEShares898.67K
TypeSH
Market value$8.19M
2.12%
Sole
898.67K
Shared
0.00
None
0.00
NETEASE INC
SOLEShares54.10K
TypeSH
Market value$5.42M
1.41%
Sole
54.10K
Shared
0.00
None
0.00
RLX TECHNOLOGY INC
SOLEShares2.50M
TypeSH
Market value$3.77M
0.98%
Sole
2.50M
Shared
0.00
None
0.00
AGORA INC
SOLEShares1.20M
TypeSH
Market value$3.04M
0.79%
Sole
1.20M
Shared
0.00
None
0.00
TUNIU CORP
SOLEShares2.50M
TypeSH
Market value$3.00M
0.78%
Sole
2.50M
Shared
0.00
None
0.00
COHERENT CORP
SOLEShares57.61K
TypeSH
Market value$1.88M
0.49%
Sole
57.61K
Shared
0.00
None
0.00
DAQO NEW ENERGY CORP
SOLEShares20K
TypeSH
Market value$605.4K
0.16%
Sole
20K
Shared
0.00
None
0.00
FINVOLUTION GROUP
SOLEShares36.76K
TypeSH
Market value$183.1K
0.05%
Sole
36.76K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
KE HLDGS INCSOLE | SPONSORED ADS | 9.89M | SH | $153.55M 39.82% | 9.89M | 0.00 | 0.00 |
IQIYI INCSOLE | SPONSORED ADS | 15M | SH | $71.10M 18.44% | 15M | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 10M | SH | $70.40M 18.25% | 10M | 0.00 | 0.00 |
PDD HOLDINGS INCSOLE | SPONSORED ADS | 250K | SH | $24.52M 6.36% | 250K | 0.00 | 0.00 |
FUTU HLDGS LTDSOLE | SPON ADS CL A | 290.50K | SH | $16.79M 4.35% | 290.50K | 0.00 | 0.00 |
DIREXION SHS ETF TRSOLE | DL FTSE BULL 3X | 500K | SH | $14.46M 3.75% | 500K | 0.00 | 0.00 |
TRIP COM GROUP LTDSOLE | ADS | 250K | SH | $8.74M 2.27% | 250K | 0.00 | 0.00 |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 898.67K | SH | $8.19M 2.12% | 898.67K | 0.00 | 0.00 |
NETEASE INCSOLE | SPONSORED ADS | 54.10K | SH | $5.42M 1.41% | 54.10K | 0.00 | 0.00 |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 2.50M | SH | $3.77M 0.98% | 2.50M | 0.00 | 0.00 |
AGORA INCSOLE | ADS | 1.20M | SH | $3.04M 0.79% | 1.20M | 0.00 | 0.00 |
TUNIU CORPSOLE | SPONSORED ADS | 2.50M | SH | $3.00M 0.78% | 2.50M | 0.00 | 0.00 |
COHERENT CORPSOLE | COM | 57.61K | SH | $1.88M 0.49% | 57.61K | 0.00 | 0.00 |
DAQO NEW ENERGY CORPSOLE | SPNSRD ADS NEW | 20K | SH | $605.4K 0.16% | 20K | 0.00 | 0.00 |
FINVOLUTION GROUPSOLE | SPONSORED ADS | 36.76K | SH | $183.1K 0.05% | 36.76K | 0.00 | 0.00 |