Filed: 5/14/2025ACC: 0001822015-25-000006
📋 What this filing means
HCEP MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 13 equity positions with a total reported market value of $172.63M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
13
Positions
$172.63M
Total AUM (reported)
9.67M
Total Shares
Allocation by class
SPONSORED ADS$106.60M61.8%
ADS$22.16M12.8%
ULTRA VIX SHORT$13.64M7.9%
SPONSORED ADS A$12.97M7.5%
AMERICAN DEP$7.89M4.6%
SPONSERED ADS$3.98M2.3%
ADR$2.63M1.5%
Portfolio Concentration
Top 3$106.60M61.8%
4–10$61.43M35.6%
11–25$4.59M2.7%
Top 3 weight
61.8%
Top 10 weight
97.3%
Voting Authority Distribution
Total shares with voting rights: 9.67M
Sole
Full voting authority
9.67M
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)
Sole13
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings13
Rows:
ALIBABA GROUP HLDG LTD
SOLEShares433.15K
TypeSH
Market value$57.28M
33.18%
Sole
433.15K
Shared
0.00
None
0.00
TAL EDUCATION GROUP
SOLEShares1.95M
TypeSH
Market value$25.76M
14.92%
Sole
1.95M
Shared
0.00
None
0.00
MINISO GROUP HLDG LTD
SOLEShares1.27M
TypeSH
Market value$23.57M
13.65%
Sole
1.27M
Shared
0.00
None
0.00
TRIP COM GROUP LTD
SOLEShares240K
TypeSH
Market value$15.26M
8.84%
Sole
240K
Shared
0.00
None
0.00
PROSHARES TR II
SOLEShares582.01K
TypeSH
Market value$13.64M
7.90%
Sole
582.01K
Shared
0.00
None
0.00
VNET GROUP INC
SOLEShares1.58M
TypeSH
Market value$12.97M
7.51%
Sole
1.58M
Shared
0.00
None
0.00
QIFU TECHNOLOGY INC
SOLEShares175.58K
TypeSH
Market value$7.89M
4.57%
Sole
175.58K
Shared
0.00
None
0.00
AGORA INC
SOLEShares1.26M
TypeSH
Market value$5.08M
2.94%
Sole
1.26M
Shared
0.00
None
0.00
TUYA INC
SOLEShares1.31M
TypeSH
Market value$3.98M
2.30%
Sole
1.31M
Shared
0.00
None
0.00
LEXINFINTECH HLDGS LTD
SOLEShares260.38K
TypeSH
Market value$2.63M
1.52%
Sole
260.38K
Shared
0.00
None
0.00
CANGO INC
SOLEShares480.91K
TypeSH
Market value$1.82M
1.06%
Sole
480.91K
Shared
0.00
None
0.00
INTEL CORP
SOLEShares77.08K
TypeSH
Market value$1.75M
1.01%
Sole
77.08K
Shared
0.00
None
0.00
ACM RESH INC
SOLEShares43.65K
TypeSH
Market value$1.02M
0.59%
Sole
43.65K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 433.15K | SH | $57.28M 33.18% | 433.15K | 0.00 | 0.00 |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 1.95M | SH | $25.76M 14.92% | 1.95M | 0.00 | 0.00 |
MINISO GROUP HLDG LTDSOLE | SPONSORED ADS | 1.27M | SH | $23.57M 13.65% | 1.27M | 0.00 | 0.00 |
TRIP COM GROUP LTDSOLE | ADS | 240K | SH | $15.26M 8.84% | 240K | 0.00 | 0.00 |
PROSHARES TR IISOLE | ULTRA VIX SHORT | 582.01K | SH | $13.64M 7.90% | 582.01K | 0.00 | 0.00 |
VNET GROUP INCSOLE | SPONSORED ADS A | 1.58M | SH | $12.97M 7.51% | 1.58M | 0.00 | 0.00 |
QIFU TECHNOLOGY INCSOLE | AMERICAN DEP | 175.58K | SH | $7.89M 4.57% | 175.58K | 0.00 | 0.00 |
AGORA INCSOLE | ADS | 1.26M | SH | $5.08M 2.94% | 1.26M | 0.00 | 0.00 |
TUYA INCSOLE | SPONSERED ADS | 1.31M | SH | $3.98M 2.30% | 1.31M | 0.00 | 0.00 |
LEXINFINTECH HLDGS LTDSOLE | ADR | 260.38K | SH | $2.63M 1.52% | 260.38K | 0.00 | 0.00 |
CANGO INCSOLE | ADS | 480.91K | SH | $1.82M 1.06% | 480.91K | 0.00 | 0.00 |
INTEL CORPSOLE | COM | 77.08K | SH | $1.75M 1.01% | 77.08K | 0.00 | 0.00 |
ACM RESH INCSOLE | COM CL A | 43.65K | SH | $1.02M 0.59% | 43.65K | 0.00 | 0.00 |