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Livermore
Livermore
ZHEN

TB Alternative Assets Ltd.

SEC CIK
0001483503
Latest filing
Jul 17, 2026

Holdings in Q2 2021

Holdings as of Jun 30, 2021, filed Jul 21, 2021. Long positions only; changes compare share counts with Q1 2021.

Institution overview
Positions
42
+4 vs. Q1 2021
Portfolio value
$502.0M
−$29.1M (−5.5%) vs. Q1 2021
Filed
Jul 21, 2021
SEC
Holdings of TB Alternative Assets Ltd. in Q2 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
BZKanzhun LtdSPONSORED ADS26,000$1.03M0.2%+26,000NewHistory
FENGPhoenix New Media LtdSPONSORED ADS739,800$1.15M0.2%00.0%UnchangedHistory
WDHWaterdrop Inc.ADS248,900$1.61M0.3%+248,900NewHistory
HUYAHUYA Inc.ADS REP SHS A100,700$1.78M0.4%+100,700NewHistory
BLDPBallard Power Systems Inc.COM108,700$1.97M0.4%00.0%UnchangedHistory
DIDIYDiDi Global Inc.SPONSORED ADS142,000$2.01M0.4%+142,000NewHistory
BTBTBit Digital, IncSHS300,000$2.05M0.4%+300,000NewHistory
CYHCommunity Health Systems IncCOM151,500$2.34M0.5%00.0%UnchangedHistory
YJYunji Inc.ADS RP CL A1,538,249$2.66M0.5%−45,180−2.9%ReducedHistory
AXIAYAXIA Energia S.A.SPONSORED ADR310,400$2.69M0.5%00.0%UnchangedHistory
LILi Auto Inc.SPONSORED ADS92,200$3.22M0.6%+92,200NewHistory
FINVFinVolution GroupSPONSORED ADS346,578$3.30M0.7%00.0%UnchangedHistory
GOOSCanada Goose Holdings Inc.SHS SUB VTG81,200$3.55M0.7%00.0%UnchangedHistory
Azul S A05501U106SPONSR ADR PFD136,500$3.60M0.7%−70,200−34.0%Reduced–
Puxin Ltd74704P108ADS2,246,600$4.02M0.8%00.0%Unchanged–
LITBLightInTheBox Holding Co., Ltd.SPONSORED ADR2,137,855$4.23M0.8%00.0%UnchangedHistory
TALTAL Education GroupSPONSORED ADS177,200$4.47M0.9%+131,900+291.2%AddedHistory
DAOYoudao, Inc.SPONSORED ADS196,800$4.54M0.9%00.0%UnchangedHistory
Molecular Data Inc60852L106SPONSORED ADS5,000,000$4.67M0.9%00.0%Unchanged–
INTCIntel CorpStock117,000$6.57M1.3%00.0%UnchangedHistory
STWDStarwood Property Trust, Inc.COM254,900$6.67M1.3%00.0%UnchangedHistory
Laix Inc50736W105ADS3,703,164$6.89M1.4%00.0%Unchanged–
SNAPSnap IncStock117,500$8.01M1.6%00.0%UnchangedHistory
PDDPDD Holdings Inc.SPONSORED ADS73,140$9.29M1.9%−128,600−63.7%ReducedHistory
EDUNew Oriental Education & Technology Group Inc.SPON ADR1,486,400$12.2M2.4%+1,486,400NewHistory
MOGUMOGU Inc.SPON ADS8,347,939$13.9M2.8%00.0%UnchangedHistory
BABAAlibaba Group Holding LtdADR63,050$14.3M2.8%−37,450−37.3%ReducedHistory
VIPSVipshop Holdings LtdSPONSORED ADS A779,800$15.7M3.1%+652,000+510.2%AddedHistory
TALKTalkspace, Inc.COM1,932,612$16.1M3.2%+1,932,612NewHistory
PKPark Hotels & Resorts Inc.COM855,300$17.6M3.5%−198,800−18.9%ReducedHistory
ZZillow Group, Inc.CL C CAP STK164,800$20.1M4.0%+23,100+16.3%AddedHistory
AAPLApple Inc.Stock151,600$20.8M4.1%00.0%UnchangedHistory
JOYYJOYY Inc.ADS REPSTG COM A354,840$23.4M4.7%−7,600−2.1%ReducedHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A794,735$24.1M4.8%−234,283−22.8%ReducedHistory
BABoeing CoStock101,600$24.3M4.8%00.0%UnchangedHistory
IQiQIYI, Inc.SPONSORED ADS1,563,500$24.4M4.9%+1,177,600+305.2%AddedHistory
SLGSL Green Realty CorpCOM333,688$26.7M5.3%−366,300−52.3%ReducedHistory
TMETencent Music Entertainment GroupSPON ADS1,794,500$27.8M5.5%+1,215,500+209.9%AddedHistory
UBERUber Technologies, IncStock576,500$28.9M5.8%00.0%UnchangedHistory
SYSo-Young International Inc.SPONSORED ADS3,067,873$29.5M5.9%−680,000−18.1%ReducedHistory
LULufax Holding LtdADS REP SHS CL A2,627,360$29.7M5.9%−355,800−11.9%ReducedHistory
JDJD.com, Inc.SPON ADS CL A505,200$40.3M8.0%+76,000+17.7%AddedHistory

Sold out since Q1 2021 (4)

Positions held at the end of Q1 2021 that are gone from this filing.

Positions of TB Alternative Assets Ltd. sold out since Q1 2021
SecurityClassShares in Q1 2021Value in Q1 2021% of portfolio in Q1 2021History
WFCWells Fargo & CompanyStock146,600$5.73M1.1%History
HUNHuntsman CORPCOM198,600$5.73M1.1%History
CCChemours CoStock155,900$4.35M0.8%History
FCXFreeport-McMoran IncStock91,800$3.02M0.6%History