Aspex Management (HK) Ltd
CIK 0001768375
Annualised vol
16.654481%
Beta
0.615756
HHI
825.077856
Top-10 weight
80.09894%
VaR 95%
1.636409%
VaR 99%
2.655849%
Max drawdown
31.606738%
Matched value
66.908271%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| SNPS | ADDED | 3,112,646 | 2,670,532 | 16.56% | 1,388,458 |
| MKSI | ADDED | 1,820,441 | 1,538,789 | 18.3% | 809,732 |
| CRWV | ADDED | 7,960,201 | 7,097,527 | 12.15% | 792,358 |
| CVNA | ADDED | 10,891,999 | 1,819,090 | 498.76% | 716,911 |
| CPNG | ADDED | 38,028,965 | 16,037,845 | 137.12% | 660,563 |
| SE | UNCHANGED | 4,870,097 | 4,870,097 | 0.0% | 466,701 |
| TER | ADDED | 631,941 | 506,070 | 24.87% | 305,758 |
| AS | UNCHANGED | 8,268,605 | 8,268,605 | 0.0% | 279,810 |
| GRAB | REDUCED | 83,816,924 | 88,786,924 | -5.6% | 205,144 |
| QFIN | NEW | 6,422,510 | - | - | 101,540 |
| TCOM | UNCHANGED | 2,329,290 | 2,329,290 | 0.0% | 92,799 |
| NIO | UNCHANGED | 13,141,609 | 13,141,609 | 0.0% | 66,497 |
| PONY | UNCHANGED | 4,140,447 | 4,140,447 | 0.0% | 28,776 |
| NTES | UNCHANGED | 147,655 | 147,655 | 0.0% | 18,921 |
| RLX | UNCHANGED | 7,901,172 | 7,901,172 | 0.0% | 15,012 |
| PRE | REDUCED | 1,166,666 | 1,512,816 | -22.88% | 15 |
| HTHT | CLOSED OUT | 0 | 50,000,000 | -100.0% | 0 |
| YMM | CLOSED OUT | 0 | 21,791,354 | -100.0% | 0 |
| NVDA | CLOSED OUT | 0 | 5,174,466 | -100.0% | 0 |
| RBOT | CLOSED OUT | 0 | 86,666 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| SNPS | ADDED | SYNOPSYS INC | COM | 871607107 | 1,388,458 | 15.62 | 3112646.0 |
| - | QUALCOMM INC | COM | 747525103 | 1,175,308 | 13.22 | 6360236.0 | |
| MKSI | ADDED | MKS INC. | COM | 55306N104 | 809,732 | 9.11 | 1820441.0 |
| CRWV | ADDED | COREWEAVE INC | COM CL A | 21873S108 | 792,358 | 8.91 | 7960201.0 |
| CVNA | ADDED | CARVANA CO | CL A | 146869102 | 716,911 | 8.06 | 1.0891999E7 |
| CPNG | ADDED | COUPANG INC | CL A | 22266T109 | 660,563 | 7.43 | 3.8028965E7 |
| SE | UNCHANGED | SEA LTD | SPONSORD ADS | 81141R100 | 466,701 | 5.25 | 4870097.0 |
| - | FUTU HLDGS LTD | SPON ADS CL A | 36118L106 | 428,649 | 4.82 | 4572746.0 | |
| - | CORNING INC | COM | 219350105 | 377,375 | 4.24 | 1477410.0 | |
| TER | ADDED | TERADYNE INC | COM | 880770102 | 305,758 | 3.44 | 631941.0 |
| AS | UNCHANGED | AMER SPORTS INC | COM SHS | G0260P102 | 279,810 | 3.15 | 8268605.0 |
| - | INNIO NV | ORDINARY SHARES | N52A8C105 | 270,985 | 3.05 | 6851716.0 | |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 217,628 | 2.45 | 1.6289511E7 | |
| - | NEW ORIENTAL ED & TECHNOLOGY | SPON ADR | 647581206 | 207,677 | 2.34 | 4523574.0 | |
| GRAB | REDUCED | GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 | 204,839 | 2.3 | 5.4334024E7 |
| - | FORD MTR CO | COM | 345370860 | 165,252 | 1.86 | 1.1888605E7 | |
| QFIN | NEW | QFIN HOLDINGS INC | AMERICAN DEP | 88557W101 | 101,540 | 1.14 | 6422510.0 |
| TCOM | UNCHANGED | TRIP COM GROUP LTD | ADS | 89677Q107 | 92,799 | 1.04 | 2329290.0 |
| - | LUMENTUM HLDGS INC | COM | 55024U109 | 74,855 | 0.84 | 87237.0 | |
| NIO | UNCHANGED | NIO INC | SPON ADS | 62914V106 | 66,497 | 0.75 | 1.3141609E7 |
| PONY | UNCHANGED | PONY AI INC | SPONSORED ADS | 732908108 | 28,776 | 0.32 | 4140447.0 |
| NTES | UNCHANGED | NETEASE INC | SPONSORED ADS | 64110W102 | 18,921 | 0.21 | 147655.0 |
| - | QUALCOMM INC | COM | 747525903 | 17,988 | 0.2 | 1600000.0 | |
| RLX | UNCHANGED | RLX TECHNOLOGY INC | SPONSORED ADS | 74969N103 | 15,012 | 0.17 | 7901172.0 |
| - | LANVIN GROUP HOLDINGS LIMITE | SHS | G5380J100 | 6,558 | 0.07 | 4491686.0 | |
| GRAB | REDUCED | GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C909 | 285 | 0.0 | 9430000.0 |
| GRAB | REDUCED | GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C909 | 20 | 0.0 | 2.00529E7 |
| PRE | REDUCED | PRENETICS GLOBAL LTD | *W EXP 05/18/202 | G72245114 | 15 | 0.0 | 1166666.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 8,891,270 | 28 | 16.654481 | 0.615756 | 31.606738 |
| 2026-03-31 | 2026-05-15 | 6,899,369 | 30 | 19.445645 | 0.769006 | 35.199427 |
| 2025-12-31 | 2026-02-13 | 4,943,222 | 25 | 14.350093 | 0.543635 | 20.111612 |
| 2025-09-30 | 2025-11-14 | 4,723,919 | 27 | 11.536053 | 0.346578 | 19.731808 |
| 2025-03-31 | 2025-05-14 | 3,889,380 | 30 | 9.253972 | 0.284736 | 13.967957 |
| 2024-12-31 | 2025-02-14 | 3,700,740 | 32 | 10.113281 | 0.315017 | 14.776446 |