Filed: 2/14/2024ACC: 0001964631-24-000002
📋 What this filing means
HCEP MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 16 equity positions with a total reported market value of $479.58M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
16
Positions
$479.58M
Total AUM (reported)
44.59M
Total Shares
Allocation by class
SPONSORED ADS$428.64M89.4%
SPON ADS CL A$21.85M4.6%
DL FTSE BULL 3X$12.56M2.6%
ADS$10.80M2.3%
SPON ADR$5.50M1.1%
AMERICAN DEP$218.7K0.0%
Portfolio Concentration
Top 3$291.80M60.8%
4–10$177.32M37.0%
11–25$10.45M2.2%
Top 3 weight
60.8%
Top 10 weight
97.8%
Voting Authority Distribution
Total shares with voting rights: 44.59M
Sole
Full voting authority
44.59M
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)
Sole16
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings16
Rows:
KE HLDGS INC
SOLEShares8.97M
TypeSH
Market value$145.45M
30.33%
Sole
8.97M
Shared
0.00
None
0.00
IQIYI INC
SOLEShares15M
TypeSH
Market value$73.20M
15.26%
Sole
15M
Shared
0.00
None
0.00
PDD HOLDINGS INC
SOLEShares500K
TypeSH
Market value$73.16M
15.25%
Sole
500K
Shared
0.00
None
0.00
TAL EDUCATION GROUP
SOLEShares5M
TypeSH
Market value$63.15M
13.17%
Sole
5M
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD
SOLEShares8.64M
TypeSH
Market value$60.60M
12.64%
Sole
8.64M
Shared
0.00
None
0.00
FUTU HLDGS LTD
SOLEShares400K
TypeSH
Market value$21.85M
4.56%
Sole
400K
Shared
0.00
None
0.00
DIREXION SHS ETF TR
SOLEShares600K
TypeSH
Market value$12.56M
2.62%
Sole
600K
Shared
0.00
None
0.00
TRIP COM GROUP LTD
SOLEShares250K
TypeSH
Market value$9.00M
1.88%
Sole
250K
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares75.02K
TypeSH
Market value$5.50M
1.15%
Sole
75.02K
Shared
0.00
None
0.00
NETEASE INC
SOLEShares50K
TypeSH
Market value$4.66M
0.97%
Sole
50K
Shared
0.00
None
0.00
GAOTU TECHEDU INC
SOLEShares1M
TypeSH
Market value$3.62M
0.75%
Sole
1M
Shared
0.00
None
0.00
RLX TECHNOLOGY INC
SOLEShares1.11M
TypeSH
Market value$2.22M
0.46%
Sole
1.11M
Shared
0.00
None
0.00
AGORA INC
SOLEShares684.75K
TypeSH
Market value$1.80M
0.38%
Sole
684.75K
Shared
0.00
None
0.00
TUNIU CORP
SOLEShares2.03M
TypeSH
Market value$1.36M
0.28%
Sole
2.03M
Shared
0.00
None
0.00
FINVOLUTION GROUP
SOLEShares250K
TypeSH
Market value$1.23M
0.26%
Sole
250K
Shared
0.00
None
0.00
QIFU TECHNOLOGY INC
SOLEShares13.82K
TypeSH
Market value$218.7K
0.05%
Sole
13.82K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
KE HLDGS INCSOLE | SPONSORED ADS | 8.97M | SH | $145.45M 30.33% | 8.97M | 0.00 | 0.00 |
IQIYI INCSOLE | SPONSORED ADS | 15M | SH | $73.20M 15.26% | 15M | 0.00 | 0.00 |
PDD HOLDINGS INCSOLE | SPONSORED ADS | 500K | SH | $73.16M 15.25% | 500K | 0.00 | 0.00 |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 5M | SH | $63.15M 13.17% | 5M | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 8.64M | SH | $60.60M 12.64% | 8.64M | 0.00 | 0.00 |
FUTU HLDGS LTDSOLE | SPON ADS CL A | 400K | SH | $21.85M 4.56% | 400K | 0.00 | 0.00 |
DIREXION SHS ETF TRSOLE | DL FTSE BULL 3X | 600K | SH | $12.56M 2.62% | 600K | 0.00 | 0.00 |
TRIP COM GROUP LTDSOLE | ADS | 250K | SH | $9.00M 1.88% | 250K | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 75.02K | SH | $5.50M 1.15% | 75.02K | 0.00 | 0.00 |
NETEASE INCSOLE | SPONSORED ADS | 50K | SH | $4.66M 0.97% | 50K | 0.00 | 0.00 |
GAOTU TECHEDU INCSOLE | SPONSORED ADS | 1M | SH | $3.62M 0.75% | 1M | 0.00 | 0.00 |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 1.11M | SH | $2.22M 0.46% | 1.11M | 0.00 | 0.00 |
AGORA INCSOLE | ADS | 684.75K | SH | $1.80M 0.38% | 684.75K | 0.00 | 0.00 |
TUNIU CORPSOLE | SPONSORED ADS | 2.03M | SH | $1.36M 0.28% | 2.03M | 0.00 | 0.00 |
FINVOLUTION GROUPSOLE | SPONSORED ADS | 250K | SH | $1.23M 0.26% | 250K | 0.00 | 0.00 |
QIFU TECHNOLOGY INCSOLE | AMERICAN DEP | 13.82K | SH | $218.7K 0.05% | 13.82K | 0.00 | 0.00 |