SCEP MANAGEMENT LTD
Q2 2023 Form 13-F
HONG KONG, HONG KONG
CIK 0001822015
· CRD 310931
· Exempt reporting adviser
$527.0M Reported Value Total
SCEP, SEQUOIA CHINA EQUITY PARTNERS reports under management (AUM).
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Exempt Reporting Adviser
Source: Form ADV filed 2026-03-27
Reported value
$527.0M
Quarter over quarter
-20.6%
Holdings
12
Top-10 concentration
99.6%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Cao Fang
Director
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13F Metrics
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Q2 2023 13F record
Q2 2023 13F filing summary
| Period of report | June 30, 2023 |
|---|---|
| Filed | August 11, 2023 |
| Form | 13F-HR |
| Reported value | $527.0M |
| Positions | 12 |
| Change in reported value | +4.3% |
| New positions | 4 |
| Exited positions | 2 |
| Position turnover | 42.9% |
| Top-10 concentration | 99.6% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 13, 2026
|
4 | $61.3M |
|
Q1 2026 13F
Filed May 14, 2026
|
4 | $80.7M |
|
Q4 2025 13F
Filed Feb 13, 2026
|
4 | $122.6M |
|
Q3 2025 13F
Filed Nov 13, 2025
|
10 | $176.1M |
|
Q2 2025 13F
Filed Aug 13, 2025
|
9 | $124.4M |
|
Q1 2025 13F
Filed May 14, 2025
|
13 | $172.6M |
|
Q4 2024 13F
Filed Feb 13, 2025
|
9 | $125.0M |
|
Q3 2024 13F
Filed Nov 13, 2024
|
7 | $274.4M |
|
Q2 2024 13F
Filed Aug 13, 2024
|
9 | $372.9M |
|
Q1 2024 13F
Filed May 14, 2024
|
16 | $532.0M |
|
Q4 2023 13F
Filed Feb 14, 2024
|
16 | $479.6M |
|
Q3 2023 13F
Filed Nov 14, 2023
|
15 | $385.7M |
|
Q2 2023 13F
Filed Aug 11, 2023
|
12 | $527.0M |
|
Q1 2023 13F
Filed May 15, 2023
|
10 | $505.4M |
|
Q4 2022 13F
Filed Feb 13, 2023
|
7 | $400.0M |
|
Q3 2022 13F
Filed Nov 14, 2022
|
4 | $128.2M |
|
Q2 2022 13F
Filed Aug 12, 2022
|
5 | $147.9M |
|
Q1 2022 13F
Filed May 11, 2022
|
6 | $152.9M |
|
Q4 2021 13F
Filed Feb 9, 2022
|
5 | $164.7M |
|
Q3 2021 13F
Filed Nov 15, 2021
|
2 | $47.2M |
3 earlier quarters on file — choose one from the quarter menu above.
Top 12 holdings · Q2 2023
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | BEKE Ke Holdings Inc | $148.5M | 28.18% |
| 2 | BABA Alibaba Group Holding Ltd | $124.7M | 23.65% |
| 3 | PDD PDD Holdings Inc | $69.1M | 13.12% |
| 4 | IQ iQIYI Inc | $65.5M | 12.43% |
| 5 | YMM Full Truck Alliance Co Ltd | $53.9M | 10.22% |
| 6 | SQQQ ProShares UltraPro Short QQQ | $26.3M | 4.98% |
| 7 | COHR Coherent Corp | $25.5M | 4.84% |
| 8 | TOUR Tuniu Corp | $4.1M | 0.78% |
| 9 | API Agora Inc | $3.8M | 0.71% |
| 10 | RLX RLX Technology Inc | $3.5M | 0.67% |
| 11 | TSLA Tesla Inc | $1.4M | 0.26% |
| 12 | DQ Daqo New Energy Corp | $812.2K | 0.15% |
Values as reported on the Q2 2023 Form 13F. Every position is in the holdings table below.