TB Alternative Assets Ltd. Quant / Systematic

Location: Hong Kong

CIK: 0001483503 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 2, 2021

Total Value: $430M (100.0% shares, 0.0% debt)

Holdings (32)

BEKE KE HOLDINGS INC-ADR 34.5%

Value $149M Shares 8,144,663 Share Price $18.26 Est. Cost/Share $24.38 Unrealized @ Report Date -25.1%

PDD PINDUODUO INC-ADR PDD US 13.3%

Value $57.14M Shares 630,220 Share Price $90.67 Est. Cost/Share $92.95 Unrealized @ Report Date -2.5%

TME TENCENT MUSIC ENTERTAINM-ADR TME US 5.2%

Value $22.48M Shares 3,101,300 Share Price $7.25 Est. Cost/Share $14.20 Unrealized @ Report Date -48.9%

BILI BILIBILI INC-SPONSORED ADR BILI US 4.4%

Value $18.9M Shares 285,600 Share Price $66.17 Est. Cost/Share $85.58 Unrealized @ Report Date -22.7%

VNET VNET GROUP INC-ADR VNET US 3.9%

Value $16.73M Shares 966,500 Share Price $17.31 Est. Cost/Share $18.62 Unrealized @ Report Date -7.0%

ZTO ZTO EXPRESS CAYMAN INC-ADR ZTO US 3.4%

Value $14.82M Shares 483,285 Share Price $30.66 Est. Cost/Share $29.98 Unrealized @ Report Date +2.3%

SY SO-YOUNG INTERNATIONAL-ADR 3.0%

Value $13.07M Shares 3,067,873 Share Price $4.26 Est. Cost/Share $11.95 Unrealized @ Report Date -64.4%

KWEB KRANESHARES CSI CHINA INTERN 3.0%

Value $12.95M Shares 273,700 Share Price $47.32 Est. Cost/Share $52.47 Unrealized @ Report Date -9.8%

IQ IQIYI INC-ADR IQ US 2.9%

Value $12.54M Shares 1,562,300 Share Price $8.03 Est. Cost/Share $16.91 Unrealized @ Report Date -52.5%

FUTU FUTU HOLDINGS LTD-ADR 2.7%

Value $11.43M Shares 125,600 Share Price $91.02 Est. Cost/Share $110.36 Unrealized @ Report Date -17.5%

— PROSHARES ULTRAPRO SHORT QQQ 2.3%

Value $9.908M Shares 1,148,100 Share Price $8.63 Est. Cost/Share $8.63 Unrealized @ Report Date —

JD JD.COM INC-ADR JD US 2.2%

Value $9.565M Shares 132,400 Share Price $72.24 Est. Cost/Share $77.62 Unrealized @ Report Date -6.9%

UBER UBER TECHNOLOGIES INC UBER US 2.2%

Value $9.35M Shares 208,700 Share Price $44.80 Est. Cost/Share $36.63 Unrealized @ Report Date +22.3%

VIPS VIPSHOP HOLDINGS LTD - ADR VIPS US 2.0%

Value $8.687M Shares 779,800 Share Price $11.14 Est. Cost/Share $22.73 Unrealized @ Report Date -51.0%

API AGORA INC-ADR 2.0%

Value $8.517M Shares 293,700 Share Price $29.00 Est. Cost/Share $31.19 Unrealized @ Report Date -7.0%

— MOGU INC-ADR 1.9%

Value $8.098M Shares 8,347,939 Share Price $0.97 Est. Cost/Share $2.28 Unrealized @ Report Date —

— NEW ORIENTAL EDUCATIO-SP ADR EDU US 1.7%

Value $7.319M Shares 3,570,300 Share Price $2.05 Est. Cost/Share $4.61 Unrealized @ Report Date —

TALK TALKSPACE INC 1.6%

Value $7.054M Shares 1,932,612 Share Price $3.65 Est. Cost/Share $9.72 Unrealized @ Report Date -62.4%

DAO YOUDAO INC - ADR 1.5%

Value $6.55M Shares 541,800 Share Price $12.09 Est. Cost/Share $20.22 Unrealized @ Report Date -40.2%

FINV FINVOLUTION GROUP-ADR 0.9%

Value $4M Shares 709,278 Share Price $5.64 Est. Cost/Share $5.97 Unrealized @ Report Date -5.5%

— LAIX INC - ADR 0.8%

Value $3.333M Shares 3,703,164 Share Price $0.90 Est. Cost/Share $10.48 Unrealized @ Report Date —

— LIGHTINTHEBOX HOLDING-ADR 0.7%

Value $2.95M Shares 2,137,855 Share Price $1.38 Est. Cost/Share $1.22 Unrealized @ Report Date —

BLDP BALLARD POWER SYSTEMS INC BLDP US 0.6%

Value $2.699M Shares 192,100 Share Price $14.05 Est. Cost/Share $23.79 Unrealized @ Report Date -40.9%

HUYA HUYA INC-ADR HUYA US 0.6%

Value $2.559M Shares 306,800 Share Price $8.34 Est. Cost/Share $13.27 Unrealized @ Report Date -37.1%

TAL TAL EDUCATION GROUP- ADR TAL US 0.5%

Value $2.28M Shares 471,100 Share Price $4.84 Est. Cost/Share $25.08 Unrealized @ Report Date -80.7%

— MOLECULAR DATA INC - ADR 0.4%

Value $1.758M Shares 5,000,000 Share Price $0.35 Est. Cost/Share $1.08 Unrealized @ Report Date —

BZUN BAOZUN INC-SPN ADR BZUN US 0.4%

Value $1.757M Shares 100,200 Share Price $17.53 Est. Cost/Share $24.59 Unrealized @ Report Date -28.7%

— AZUL SA-ADR 0.3%

Value $1.368M Shares 68,200 Share Price $20.06 Est. Cost/Share $17.58 Unrealized @ Report Date —

— PUXIN LTD-ADR 0.3%

Value $1.303M Shares 2,246,600 Share Price $0.58 Est. Cost/Share $6.28 Unrealized @ Report Date —

— YUNJI INC-ADR 0.3%

Value $1.1M Shares 1,538,249 Share Price $0.72 Est. Cost/Share $9.43 Unrealized @ Report Date —

— PHOENIX NEW MEDIA LTD -ADR FENG US 0.2%

Value $947K Shares 739,800 Share Price $1.28 Est. Cost/Share $1.32 Unrealized @ Report Date —

WDH WATERDROP INC 0.1%

Value $583K Shares 243,800 Share Price $2.39 Est. Cost/Share $7.62 Unrealized @ Report Date -68.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BEKE	KE HOLDINGS INC-ADR	8,144,663	$149M	34.5%	$18.26	$24.38	-25.1%	SPONSORED ADS	482497104
PDD	PINDUODUO INC-ADR PDD US	630,220	$57.14M	13.3%	$90.67	$92.95	-2.5%	SPONSORED ADS	722304102
TME	TENCENT MUSIC ENTERTAINM-ADR TME US	3,101,300	$22.48M	5.2%	$7.25	$14.20	-48.9%	SPON ADS	88034P109
BILI	BILIBILI INC-SPONSORED ADR BILI US	285,600	$18.9M	4.4%	$66.17	$85.58	-22.7%	SPONS ADS REP Z	090040106
VNET	VNET GROUP INC-ADR VNET US	966,500	$16.73M	3.9%	$17.31	$18.62	-7.0%	SPONSORED ADS A	90138A103
ZTO	ZTO EXPRESS CAYMAN INC-ADR ZTO US	483,285	$14.82M	3.4%	$30.66	$29.98	+2.3%	SPONSORED ADS A	98980A105
SY	SO-YOUNG INTERNATIONAL-ADR	3,067,873	$13.07M	3.0%	$4.26	$11.95	-64.4%	SPONSORED ADS	83356Q108
KWEB	KRANESHARES CSI CHINA INTERN	273,700	$12.95M	3.0%	$47.32	$52.47	-9.8%	CSI CHI INTERNET	500767306
IQ	IQIYI INC-ADR IQ US	1,562,300	$12.54M	2.9%	$8.03	$16.91	-52.5%	SPONSORED ADS	46267X108
FUTU	FUTU HOLDINGS LTD-ADR	125,600	$11.43M	2.7%	$91.02	$110.36	-17.5%	SPON ADS CL A	36118L106
—	PROSHARES ULTRAPRO SHORT QQQ	1,148,100	$9.908M	2.3%	$8.63	$8.63	—	ULTRAPRO SHT QQQ	74347G861
JD	JD.COM INC-ADR JD US	132,400	$9.565M	2.2%	$72.24	$77.62	-6.9%	SPON ADR CL A	47215P106
UBER	UBER TECHNOLOGIES INC UBER US	208,700	$9.35M	2.2%	$44.80	$36.63	+22.3%	COM	90353T100
VIPS	VIPSHOP HOLDINGS LTD - ADR VIPS US	779,800	$8.687M	2.0%	$11.14	$22.73	-51.0%	SPONSORED ADS A	92763W103
API	AGORA INC-ADR	293,700	$8.517M	2.0%	$29.00	$31.19	-7.0%	ADS	00851L103
—	MOGU INC-ADR	8,347,939	$8.098M	1.9%	$0.97	$2.28	—	SPON ADS	608012100
—	NEW ORIENTAL EDUCATIO-SP ADR EDU US	3,570,300	$7.319M	1.7%	$2.05	$4.61	—	SPON ADR	647581107
TALK	TALKSPACE INC	1,932,612	$7.054M	1.6%	$3.65	$9.72	-62.4%	COM	87427V103
DAO	YOUDAO INC - ADR	541,800	$6.55M	1.5%	$12.09	$20.22	-40.2%	SPONSORED ADS	98741T104
FINV	FINVOLUTION GROUP-ADR	709,278	$4M	0.9%	$5.64	$5.97	-5.5%	SPONSORED ADS	31810T101
—	LAIX INC - ADR	3,703,164	$3.333M	0.8%	$0.90	$10.48	—	ADS	50736W105
—	LIGHTINTHEBOX HOLDING-ADR	2,137,855	$2.95M	0.7%	$1.38	$1.22	—	SPONSORED ADR	53225G102
BLDP	BALLARD POWER SYSTEMS INC BLDP US	192,100	$2.699M	0.6%	$14.05	$23.79	-40.9%	COM	058586108
HUYA	HUYA INC-ADR HUYA US	306,800	$2.559M	0.6%	$8.34	$13.27	-37.1%	ADS REP SHS A	44852D108
TAL	TAL EDUCATION GROUP- ADR TAL US	471,100	$2.28M	0.5%	$4.84	$25.08	-80.7%	SPONSORED ADS	874080104
—	MOLECULAR DATA INC - ADR	5,000,000	$1.758M	0.4%	$0.35	$1.08	—	SPONSORED ADS	60852L106
BZUN	BAOZUN INC-SPN ADR BZUN US	100,200	$1.757M	0.4%	$17.53	$24.59	-28.7%	SPONSORED ADR	06684L103
—	AZUL SA-ADR	68,200	$1.368M	0.3%	$20.06	$17.58	—	SPONSR ADR PFD	05501U106
—	PUXIN LTD-ADR	2,246,600	$1.303M	0.3%	$0.58	$6.28	—	ADS	74704P108
—	YUNJI INC-ADR	1,538,249	$1.1M	0.3%	$0.72	$9.43	—	ADS RP CL A	98873N107
—	PHOENIX NEW MEDIA LTD -ADR FENG US	739,800	$947K	0.2%	$1.28	$1.32	—	SPONSORED ADS	71910C103
WDH	WATERDROP INC	243,800	$583K	0.1%	$2.39	$7.62	-68.6%	ADS	94132V105