Institutional Manager · CIK 0001535096
Tree Line Advisors (Hong Kong) Ltd.
CENTRAL , K3 · File #028-19032
Latest AUM
$438.9M
Positions
6
Top-10 Concentration
100.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | SEA LTD | SE | 0 | $0 | -$50.6M |
| REDUCE | ATOUR LIFESTYLE HLDGS LTD | ATAT | 0 | $0 | +$1.5M |
| REDUCE | NEBIUS GROUP N.V. | NBIS | 0 | $0 | -$28.4M |
| REDUCE | COUPANG INC | CPNG | 0 | $0 | -$30.5M |
| REDUCE | BROADCOM INC | AVGO | 0 | $0 | +$2.9M |
| REDUCE | FUTU HLDGS LTD | FUTU | 0 | $0 | -$3.5M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20256 pos · $438.9M
- 13F HOLDINGS REPORTQ/E Sep 20256 pos · $547.5M
- 13F HOLDINGS REPORTQ/E Jun 20254 pos · $384.1M
- 13F HOLDINGS REPORTQ/E Mar 20257 pos · $400.8M
- 13F HOLDINGS REPORTQ/E Dec 20249 pos · $531.8M
- 13F HOLDINGS REPORTQ/E Sep 20247 pos · $430.6M
- 13F HOLDINGS REPORTQ/E Jun 20247 pos · $385.3M
- 13F HOLDINGS REPORTQ/E Mar 20247 pos · $331.4M
- 13F HOLDINGS REPORTQ/E Dec 20238 pos · $234.7M
Top 6 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SEA LTD | SE | 940,000 | $119.9M | 27.32% |
| 2 | NEBIUS GROUP N.V. | NBIS | 1,070,000 | $89.6M | 20.41% |
| 3 | COUPANG INC | CPNG | 3,300,000 | $77.8M | 17.74% |
| 4 | FUTU HLDGS LTD | FUTU | 370,000 | $60.8M | 13.84% |
| 5 | BROADCOM INC | AVGO | 160,000 | $55.4M | 12.62% |
| 6 | ATOUR LIFESTYLE HLDGS LTD | ATAT | 900,000 | $35.5M | 8.08% |