BOCHK Asset Management Ltd's Q1 2025 13F: 13 new positions, 28 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed Apr 29, 2025 · 49 reported positions · accession 0001213900-25-036893
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | NVIDIA CORPORATION (NVDA) | 9.9% | 4.0% | −5.8 pts | −174K sh | −72% |
| Exited | REDDIT INC (RDDT) | 7.7% | — | −7.7 pts | −154K sh | −100% |
| New | SPOTIFY TECHNOLOGY S A (SPOT) | — | 7.1% | +7.1 pts | +22,770 sh | new |
| Reduced | VISTRA CORP (VST) | 6.8% | 4.3% | −2.5 pts | −96,100 sh | −60% |
| New | CLOUDFLARE INC (NET) | — | 6.2% | +6.2 pts | +97,155 sh | new |
| Reduced | COSTCO WHSL CORP NEW (COST) | 3.3% | 0.2% | −3.1 pts | −11,350 sh | −97% |
| Increased | META PLATFORMS INC (META) | 5.8% | 16.5% | +10.6 pts | +18,180 sh | +56% |
| Increased | INTERACTIVE BROKERS GROUP IN (IBKR) | 0.0% | 5.7% | +5.7 pts | +60,650 sh | +17329% |
| New | CROWDSTRIKE HLDGS INC (CRWD) | — | 5.1% | +5.1 pts | +25,891 sh | new |
| Reduced | MICROSOFT CORP (MSFT) | 3.1% | 0.2% | −2.9 pts | −23,200 sh | −96% |
| Reduced | ORACLE CORP (ORCL) | 3.2% | 0.2% | −3.0 pts | −60,700 sh | −96% |
| Reduced | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 3.2% | 0.3% | −2.9 pts | −50,250 sh | −95% |
| Exited | THE TRADE DESK INC (TTD) | 4.2% | — | −4.2 pts | −117K sh | −100% |
| Reduced | SNOWFLAKE INC (SNOW) | 2.3% | 0.1% | −2.2 pts | −47,493 sh | −98% |
| Exited | APOLLO GLOBAL MGMT INC (APO) | 3.6% | — | −3.6 pts | −71,500 sh | −100% |
| Exited | BROADCOM INC (AVGO) | 3.4% | — | −3.4 pts | −47,680 sh | −100% |
| Reduced | VERTIV HOLDINGS CO (VRT) | 2.8% | 0.0% | −2.7 pts | −78,350 sh | −99% |
| Reduced | AMAZON COM INC (AMZN) | 4.6% | 4.4% | −0.3 pts | −28,341 sh | −41% |
| Exited | PALO ALTO NETWORKS INC (PANW) | 2.8% | — | −2.8 pts | −51,000 sh | −100% |
| Reduced | BANK NEW YORK MELLON CORP (BK) | 1.7% | 0.6% | −1.1 pts | −59,400 sh | −82% |
| Exited | PARSONS CORP DEL (PSN) | 2.7% | — | −2.7 pts | −95,380 sh | −100% |
| Exited | KKR & CO INC (KKR) | 2.4% | — | −2.4 pts | −52,000 sh | −100% |
| Reduced | SHOPIFY INC (SHOP) | 4.3% | 5.3% | +1.0 pts | −32,400 sh | −25% |
| Increased | CONSTELLATION ENERGY CORP (CEG) | 2.3% | 5.4% | +3.1 pts | +13,400 sh | +39% |
| Increased | ROBINHOOD MKTS INC (HOOD) | 5.1% | 11.7% | +6.6 pts | +53,372 sh | +12% |
| Reduced | GE VERNOVA INC (GEV) | 3.6% | 5.2% | +1.7 pts | −5,080 sh | −14% |
| New | WALMART INC (WMT) | — | 0.6% | +0.6 pts | +13,000 sh | new |
| Increased | APPLOVIN CORP (APP) | 7.7% | 12.0% | +4.3 pts | +2,911 sh | +4% |
| Reduced | YUM CHINA HLDGS INC (YUMC) | 0.3% | 0.1% | −0.1 pts | −14,000 sh | −78% |
| Reduced | TRIP COM GROUP LTD (TCOM) | 0.3% | 0.1% | −0.2 pts | −10,500 sh | −81% |
| New | HOWMET AEROSPACE INC (HWM) | — | 0.4% | +0.4 pts | +5,000 sh | new |
| Increased | KRANESHARES TRUST (KWEB) | 0.0% | 0.4% | +0.3 pts | +14,300 sh | +386% |
| New | ALIBABA GROUP HLDG LTD (BABA) | — | 0.3% | +0.3 pts | +3,700 sh | new |
| New | TARGA RES CORP (TRGP) | — | 0.2% | +0.2 pts | +2,200 sh | new |
| Increased | PALANTIR TECHNOLOGIES INC (PLTR) | 0.4% | 1.1% | +0.7 pts | +4,700 sh | +24% |
| Exited | COHERENT CORP (COHR) | 0.2% | — | −0.2 pts | −6,000 sh | −100% |
| Reduced | FUTU HLDGS LTD (FUTU) | 0.2% | 0.3% | +0.1 pts | −3,000 sh | −38% |
| Reduced | EATON CORP PLC (ETN) | 0.2% | 0.2% | −0.1 pts | −1,100 sh | −52% |
| Exited | COMFORT SYS USA INC (FIX) | 0.2% | — | −0.2 pts | −1,200 sh | −100% |
| Exited | TRANE TECHNOLOGIES PLC (TT) | 0.1% | — | −0.1 pts | −1,200 sh | −100% |
| Exited | QUANTA SVCS INC (PWR) | 0.1% | — | −0.1 pts | −1,200 sh | −100% |
| Exited | COCA COLA CO (KO) | 0.1% | — | −0.1 pts | −5,700 sh | −100% |
| Increased | ISHARES TR (INDA) | 0.0% | 0.1% | +0.1 pts | +3,600 sh | +400% |
| Exited | BROWN & BROWN INC (BRO) | 0.1% | — | −0.1 pts | −3,200 sh | −100% |
| New | PROCTER AND GAMBLE CO (PG) | — | 0.1% | +0.1 pts | +1,000 sh | new |
| New | MERCK & CO INC (MRK) | — | 0.1% | +0.1 pts | +1,787 sh | new |
| Exited | COINBASE GLOBAL INC (COIN) | 0.1% | — | −0.1 pts | −1,160 sh | −100% |
| Exited | DELL TECHNOLOGIES INC (DELL) | 0.1% | — | −0.1 pts | −2,000 sh | −100% |
| New | ISHARES TR (MCHI) | — | 0.1% | +0.1 pts | +2,000 sh | new |
| Exited | ASTERA LABS INC (ALAB) | 0.1% | — | −0.1 pts | −1,300 sh | −100% |
The 50 largest of 70 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 80.2% of the equity book
Changes in the top 10 this quarter: SPOT entered · NET entered · IBKR entered · CEG entered · GEV entered · CRWD entered · NVDA left · RDDT left · VST left · AMZN left · TTD left · APO left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | META PLATFORMS INC (META) | 5.8% | 16.5% | |
| 2 | APPLOVIN CORP (APP) | 7.7% | 12.0% | |
| 3 | ROBINHOOD MKTS INC (HOOD) | 5.1% | 11.7% | |
| 4 | SPOTIFY TECHNOLOGY S A (SPOT) | 0.0% | 7.1% | Entered the top 10 |
| 5 | CLOUDFLARE INC (NET) | 0.0% | 6.2% | Entered the top 10 |
| 6 | INTERACTIVE BROKERS GROUP IN (IBKR) | 0.0% | 5.7% | Entered the top 10 |
| 7 | CONSTELLATION ENERGY CORP (CEG) | 2.3% | 5.4% | Entered the top 10 |
| 8 | SHOPIFY INC (SHOP) | 4.3% | 5.3% | |
| 9 | GE VERNOVA INC (GEV) | 3.6% | 5.2% | Entered the top 10 |
| 10 | CROWDSTRIKE HLDGS INC (CRWD) | 0.0% | 5.1% | Entered the top 10 |
| — | NVIDIA CORPORATION (NVDA) | 9.9% | 4.0% | Left the top 10 |
| — | REDDIT INC (RDDT) | 7.7% | 0.0% | Left the top 10 |
| — | VISTRA CORP (VST) | 6.8% | 4.3% | Left the top 10 |
| — | AMAZON COM INC (AMZN) | 4.6% | 4.4% | Left the top 10 |
| — | THE TRADE DESK INC (TTD) | 4.2% | 0.0% | Left the top 10 |
| — | APOLLO GLOBAL MGMT INC (APO) | 3.6% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).