TB Alternative Assets Ltd. Quant / Systematic

Location: Hong Kong

CIK: 0001483503 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Jan 18, 2022

Total Value: $338M (100.0% shares, 0.0% debt)

Holdings (31)

BEKE KE HOLDINGS INC-ADR 49.8%

Value $168M Shares 8,373,863 Share Price $20.12 Est. Cost/Share $24.27 Unrealized @ Report Date -17.1%

TME TENCENT MUSIC ENTERTAINM-ADR TME US 6.7%

Value $22.57M Shares 3,294,400 Share Price $6.85 Est. Cost/Share $13.80 Unrealized @ Report Date -50.3%

BILI BILIBILI INC-SPONSORED ADR BILI US 3.9%

Value $13.25M Shares 285,600 Share Price $46.40 Est. Cost/Share $85.58 Unrealized @ Report Date -45.8%

ZTO ZTO EXPRESS CAYMAN INC-ADR ZTO US 3.8%

Value $13.02M Shares 461,485 Share Price $28.22 Est. Cost/Share $29.98 Unrealized @ Report Date -5.9%

— PEAR THERAPEUTICS INC 3.8%

Value $12.85M Shares 2,071,865 Share Price $6.20 Est. Cost/Share $6.20 Unrealized @ Report Date —

FUTU FUTU HOLDINGS LTD-ADR 3.4%

Value $11.47M Shares 265,000 Share Price $43.30 Est. Cost/Share $82.38 Unrealized @ Report Date -47.4%

KWEB KRANESHARES CSI CHINA INTERN 3.0%

Value $9.987M Shares 273,700 Share Price $36.49 Est. Cost/Share $52.47 Unrealized @ Report Date -30.5%

SY SO-YOUNG INTERNATIONAL-ADR 2.9%

Value $9.787M Shares 3,067,873 Share Price $3.19 Est. Cost/Share $11.95 Unrealized @ Report Date -73.3%

UBER UBER TECHNOLOGIES INC UBER US 2.6%

Value $8.751M Shares 208,700 Share Price $41.93 Est. Cost/Share $36.63 Unrealized @ Report Date +14.5%

VNET VNET GROUP INC-ADR VNET US 2.5%

Value $8.33M Shares 922,500 Share Price $9.03 Est. Cost/Share $18.62 Unrealized @ Report Date -51.5%

— PROSHARES ULTRAPRO SHORT QQQ 2.0%

Value $6.82M Shares 1,148,100 Share Price $5.94 Est. Cost/Share $8.63 Unrealized @ Report Date —

DAO YOUDAO INC - ADR 2.0%

Value $6.762M Shares 541,800 Share Price $12.48 Est. Cost/Share $20.22 Unrealized @ Report Date -38.3%

— NEW ORIENTAL EDUCATIO-SP ADR EDU US 1.8%

Value $6.176M Shares 2,941,000 Share Price $2.10 Est. Cost/Share $4.61 Unrealized @ Report Date —

IQ IQIYI INC-ADR IQ US 1.7%

Value $5.799M Shares 1,271,800 Share Price $4.56 Est. Cost/Share $16.91 Unrealized @ Report Date -73.0%

VIPS VIPSHOP HOLDINGS LTD - ADR VIPS US 1.7%

Value $5.614M Shares 668,300 Share Price $8.40 Est. Cost/Share $22.73 Unrealized @ Report Date -63.1%

TALK TALKSPACE INC 1.1%

Value $3.807M Shares 1,932,612 Share Price $1.97 Est. Cost/Share $9.72 Unrealized @ Report Date -79.7%

API AGORA INC-ADR 1.1%

Value $3.73M Shares 230,100 Share Price $16.21 Est. Cost/Share $31.19 Unrealized @ Report Date -48.0%

FINV FINVOLUTION GROUP-ADR 1.0%

Value $3.497M Shares 709,278 Share Price $4.93 Est. Cost/Share $5.97 Unrealized @ Report Date -17.4%

— MOGU INC-ADR 0.9%

Value $3.169M Shares 8,339,020 Share Price $0.38 Est. Cost/Share $2.28 Unrealized @ Report Date —

BLDP BALLARD POWER SYSTEMS INC BLDP US 0.7%

Value $2.413M Shares 192,100 Share Price $12.56 Est. Cost/Share $23.79 Unrealized @ Report Date -47.2%

— LIGHTINTHEBOX HOLDING-ADR 0.6%

Value $2.134M Shares 2,112,855 Share Price $1.01 Est. Cost/Share $1.22 Unrealized @ Report Date —

HUYA HUYA INC-ADR HUYA US 0.6%

Value $2.129M Shares 306,800 Share Price $6.94 Est. Cost/Share $13.27 Unrealized @ Report Date -47.7%

— LAIX INC - ADR 0.6%

Value $2.079M Shares 3,703,164 Share Price $0.56 Est. Cost/Share $10.48 Unrealized @ Report Date —

TAL TAL EDUCATION GROUP- ADR TAL US 0.4%

Value $1.296M Shares 329,700 Share Price $3.93 Est. Cost/Share $25.08 Unrealized @ Report Date -84.3%

BZUN BAOZUN INC-SPN ADR BZUN US 0.3%

Value $974K Shares 70,100 Share Price $13.89 Est. Cost/Share $24.59 Unrealized @ Report Date -43.5%

— YUNJI INC-ADR 0.3%

Value $929K Shares 1,485,780 Share Price $0.63 Est. Cost/Share $9.43 Unrealized @ Report Date —

— PUXIN LTD-ADR 0.3%

Value $857K Shares 2,147,992 Share Price $0.40 Est. Cost/Share $6.28 Unrealized @ Report Date —

— AZUL SA-ADR 0.2%

Value $630K Shares 47,700 Share Price $13.21 Est. Cost/Share $17.58 Unrealized @ Report Date —

— MOLECULAR DATA INC - ADR 0.1%

Value $499K Shares 2,290,570 Share Price $0.22 Est. Cost/Share $1.08 Unrealized @ Report Date —

— PHOENIX NEW MEDIA LTD -ADR FENG US 0.1%

Value $446K Shares 517,800 Share Price $0.86 Est. Cost/Share $1.32 Unrealized @ Report Date —

WDH WATERDROP INC 0.1%

Value $235K Shares 170,600 Share Price $1.38 Est. Cost/Share $7.62 Unrealized @ Report Date -81.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BEKE	KE HOLDINGS INC-ADR	8,373,863	$168M	49.8%	$20.12	$24.27	-17.1%	SPONSORED ADS	482497104
TME	TENCENT MUSIC ENTERTAINM-ADR TME US	3,294,400	$22.57M	6.7%	$6.85	$13.80	-50.3%	SPON ADS	88034P109
BILI	BILIBILI INC-SPONSORED ADR BILI US	285,600	$13.25M	3.9%	$46.40	$85.58	-45.8%	SPONS ADS REP Z	090040106
ZTO	ZTO EXPRESS CAYMAN INC-ADR ZTO US	461,485	$13.02M	3.8%	$28.22	$29.98	-5.9%	SPONSORED ADS A	98980A105
—	PEAR THERAPEUTICS INC	2,071,865	$12.85M	3.8%	$6.20	$6.20	—	CLASS A COM	704723105
FUTU	FUTU HOLDINGS LTD-ADR	265,000	$11.47M	3.4%	$43.30	$82.38	-47.4%	SPON ADS CL A	36118L106
KWEB	KRANESHARES CSI CHINA INTERN	273,700	$9.987M	3.0%	$36.49	$52.47	-30.5%	CSI CHI INTERNET	500767306
SY	SO-YOUNG INTERNATIONAL-ADR	3,067,873	$9.787M	2.9%	$3.19	$11.95	-73.3%	SPONSORED ADS	83356Q108
UBER	UBER TECHNOLOGIES INC UBER US	208,700	$8.751M	2.6%	$41.93	$36.63	+14.5%	COM	90353T100
VNET	VNET GROUP INC-ADR VNET US	922,500	$8.33M	2.5%	$9.03	$18.62	-51.5%	SPONSORED ADS A	90138A103
—	PROSHARES ULTRAPRO SHORT QQQ	1,148,100	$6.82M	2.0%	$5.94	$8.63	—	ULTRAPRO SHT QQQ	74347G861
DAO	YOUDAO INC - ADR	541,800	$6.762M	2.0%	$12.48	$20.22	-38.3%	SPONSORED ADS	98741T104
—	NEW ORIENTAL EDUCATIO-SP ADR EDU US	2,941,000	$6.176M	1.8%	$2.10	$4.61	—	SPON ADR	647581107
IQ	IQIYI INC-ADR IQ US	1,271,800	$5.799M	1.7%	$4.56	$16.91	-73.0%	SPONSORED ADS	46267X108
VIPS	VIPSHOP HOLDINGS LTD - ADR VIPS US	668,300	$5.614M	1.7%	$8.40	$22.73	-63.1%	SPONSORED ADS A	92763W103
TALK	TALKSPACE INC	1,932,612	$3.807M	1.1%	$1.97	$9.72	-79.7%	COM	87427V103
API	AGORA INC-ADR	230,100	$3.73M	1.1%	$16.21	$31.19	-48.0%	ADS	00851L103
FINV	FINVOLUTION GROUP-ADR	709,278	$3.497M	1.0%	$4.93	$5.97	-17.4%	SPONSORED ADS	31810T101
—	MOGU INC-ADR	8,339,020	$3.169M	0.9%	$0.38	$2.28	—	SPON ADS	608012100
BLDP	BALLARD POWER SYSTEMS INC BLDP US	192,100	$2.413M	0.7%	$12.56	$23.79	-47.2%	COM	058586108
—	LIGHTINTHEBOX HOLDING-ADR	2,112,855	$2.134M	0.6%	$1.01	$1.22	—	SPONSORED ADR	53225G102
HUYA	HUYA INC-ADR HUYA US	306,800	$2.129M	0.6%	$6.94	$13.27	-47.7%	ADS REP SHS A	44852D108
—	LAIX INC - ADR	3,703,164	$2.079M	0.6%	$0.56	$10.48	—	ADS	50736W105
TAL	TAL EDUCATION GROUP- ADR TAL US	329,700	$1.296M	0.4%	$3.93	$25.08	-84.3%	SPONSORED ADS	874080104
BZUN	BAOZUN INC-SPN ADR BZUN US	70,100	$974K	0.3%	$13.89	$24.59	-43.5%	SPONSORED ADR	06684L103
—	YUNJI INC-ADR	1,485,780	$929K	0.3%	$0.63	$9.43	—	ADS RP CL A	98873N107
—	PUXIN LTD-ADR	2,147,992	$857K	0.3%	$0.40	$6.28	—	ADS	74704P108
—	AZUL SA-ADR	47,700	$630K	0.2%	$13.21	$17.58	—	SPONSR ADR PFD	05501U106
—	MOLECULAR DATA INC - ADR	2,290,570	$499K	0.1%	$0.22	$1.08	—	SPONSORED ADS	60852L106
—	PHOENIX NEW MEDIA LTD -ADR FENG US	517,800	$446K	0.1%	$0.86	$1.32	—	SPONSORED ADS	71910C103
WDH	WATERDROP INC	170,600	$235K	0.1%	$1.38	$7.62	-81.9%	ADS	94132V105