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Aspex Management (HK) Ltd

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$6.9B

Reporting period: 2026-03-31 · Number of holdings: 30

Aspex Management (HK) Ltd disclosed 30 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $6.9B and a quarterly turnover rate of 60.0%.

Personality snowflake

Concentration
31.67
Portfolio Stability
60.03
Momentum/Contrarian
100
Sector conviction
100
Diversification
58
Sizing Uniformity
88.42

Recent moves

  • Trim SNPS

    +25.6%　$60.1M

  • Trim LITE

    -70.1%　-$108.0M

  • Trim SE

    +44.4%　-$27.0M

  • Trim YMM

    -8.3%　-$74.1M

  • Trim GRAB

    +6.2%　-$61.7M

  • Add NVDA

    +80.1%　$366.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 29 holdings (of 30 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1SNPSSynopsys INCStock-Tech15.35%-4.85%+25.61%
2NVDANvidia CORPStock-Tech13.08%+2.24%+80.05%
3FUTUFutu Holdings Ltd-adrStock-Financials9.06%-2.14%+35.63%
4CVNACarvana CoStock-Consumer Disc8.29%+8.29%NEW
5CRWVCoreweave Inc-cl AStock-Tech7.97%+7.97%NEW
6SESea Ltd-adrStock-Comm Services5.85%-2.85%+44.38%
7MKSIMks INCStock-Tech5.13%+5.13%NEW
8GLWCorning INCStock-Tech5.02%+5.02%NEW
9CPNGCoupang INCStock-Consumer Disc4.39%+4.39%NEW
10ASAmer Sports, Inc.Stock-Consumer Disc3.95%-1.79%+8.89%
11EDUNew Oriental Educatio-sp AdrStock-Consumer Staples3.72%-1.87%-9.80%
12GRABGrab Holdings LimitedStock-Tech3.15%-2.49%+6.16%
13YMMFull Truck Alliance -spn AdrStock-Other2.62%-2.54%-8.30%
14TERTeradyne INCStock-Tech2.17%-1.87%-50.95%
15LITELumentum Holdings INCStock-Tech2.08%-3.00%-70.09%
16ATATAtour Lifestyle Holdings-adrStock-Other1.90%-0.94%-0.14%
17TCOMTrip.com Group Ltd-adrStock-Consumer Disc1.68%+1.68%NEW
18QFINQfin Holdings Inc-adrStock-Other1.20%-1.30%—
19NIONio INC - AdrStock-Consumer Disc1.15%-0.21%—
20HTHT 3 05-01-26H World Group LTDStock-Other0.98%-0.31%—
21PONYPony Ai INCStock-Other0.57%-0.64%—
22RLXRlx Technology Inc-adrStock-Other0.25%-0.12%—
23NTESNetease Inc-adrStock-Comm Services0.24%-0.17%—
24LANVLanvin Group Holdings LimitedStock-Other0.10%-0.08%—
25✓ Prenetics Global LTDStock-Other0.10%-0.01%—
26✓ Grab Holdings LimitedStock-Other0.03%-0.35%—
27RBOTVicarious Surgical Inc-aStock-Other———
28✓ Prenetics Global LTDStock-Other———
29✓ Lanvin Group Holdings LimiteStock-Other———

Holding changes this quarter

Aspex Management (HK) Ltd's most significant position changes for 2026-03-31: New buy: Carvana Co (CVNA); New buy: Coreweave Inc-cl A (CRWV); New buy: Mks INC (MKSI); Sold out: Pdd Holdings INC (PDD); New buy: Corning INC (GLW).

Position changes disclosed by Aspex Management (HK) Ltd for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1NVDANvidia CORP+2.2%+80.05%Add
2RBOTVicarious Surgical Inc-a——Unchanged
3✓ Prenetics Global LTD——Unchanged
4✓ Lanvin Group Holdings Limite——Unchanged
5✓ Prenetics Global LTD0%—Unchanged
6LANVLanvin Group Holdings Limited-0.1%—Unchanged
7RLXRlx Technology Inc-adr-0.1%—Unchanged
8NTESNetease Inc-adr-0.2%—Unchanged
9NIONio INC - Adr-0.2%—Unchanged
10HTHT 3 05-01-26H World Group LTD-0.3%—Unchanged
11✓ Grab Holdings Limited-0.4%—Unchanged
12PONYPony Ai INC-0.6%—Unchanged
13ATATAtour Lifestyle Holdings-adr-0.9%-0.14%Trim
14QFINQfin Holdings Inc-adr-1.3%—Unchanged
15ASAmer Sports, Inc.-1.8%+8.89%Add
16TERTeradyne INC-1.9%-50.95%Trim
17EDUNew Oriental Educatio-sp Adr-1.9%-9.80%Trim
18FUTUFutu Holdings Ltd-adr-2.1%+35.63%Add
19GRABGrab Holdings Limited-2.5%+6.16%Add
20YMMFull Truck Alliance -spn Adr-2.5%-8.30%Trim
21SESea Ltd-adr-2.9%+44.38%Add
22LITELumentum Holdings INC-3%-70.09%Trim
23SNPSSynopsys INC-4.9%+25.61%Add
24CVNACarvana Co—NEWNew buy
25CRWVCoreweave Inc-cl A—NEWNew buy
26MKSIMks INC—NEWNew buy
27PDDPdd Holdings INC—EXITSold out
28GLWCorning INC—NEWNew buy
29CPNGCoupang INC—NEWNew buy
30TCOMTrip.com Group Ltd-adr—NEWNew buy

FAQ

What is Aspex Management (HK) Ltd and what type of investor is it?
Aspex Management (HK) Ltd is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $6.9B, spread across 30 disclosed positions.
What are Aspex Management (HK) Ltd's largest equity positions?
Based on the latest 13F filing, Aspex Management (HK) Ltd's top holdings by market value are: 1. Synopsys INC (SNPS) — $1.1B (15.3%) 2. Nvidia CORP (NVDA) — $902.4M (13.1%) 3. Futu Holdings Ltd-adr (FUTU) — $625.4M (9.1%) 4. Carvana Co (CVNA) — $571.9M (8.3%) 5. Coreweave Inc-cl A (CRWV) — $549.8M (8.0%)
What changes did Aspex Management (HK) Ltd make in its most recent portfolio filing?
In the latest reported quarter, Aspex Management (HK) Ltd made 18 notable position adjustments: 6 new positions were initiated, 6 existing holdings were added to, 5 positions were partially reduced, and 1 were completely exited. The largest of these moves: New buy: Carvana Co (CVNA); New buy: Coreweave Inc-cl A (CRWV); New buy: Mks INC (MKSI); Sold out: Pdd Holdings INC (PDD); New buy: Corning INC (GLW)
What sectors does Aspex Management (HK) Ltd focus on?
Aspex Management (HK) Ltd is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 58.5% • Consumer Discretionary: 21.1% • Financials: 9.8% • Communication Services: 6.6% • Consumer Staples: 4.0%