Tree Line Advisors (Hong Kong) Ltd.
Long book
$232.6M
Q1 2026
Positions
3
Top-10 weight
100%
concentration
Last quarter
+53.1%
SPY +14.8%
Turnover
50%
of book per quarter
Strategy in plain words
auto-generated from filingsTree Line Advisors (Hong Kong) Ltd. is a diversified fundamental manager, running a $232.6M US long book across 3 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NEBIUS GROUP NV, SEA LTD-ADR, COUPANG INC.
Over the last 9 quarters its long book ran on average 8.4pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+21.5%
Q2 2024
+11.8%
Q3 2024
+6.4%
Q4 2024
-7.3%
Q1 2025
+37.7%
Q2 2025
+25.0%
Q3 2025
-19.5%
Q4 2025
-12.4%
Q1 2026
+53.1%
Sector allocation
Technology 62%
Consumer discretionary 38%
Long book by quarter
What does Tree Line own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 3 | $232.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 6 | $438.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 6 | $547.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 4 | $384.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 7 | $400.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 9 | $531.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 7 | $430.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 7 | $385.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 7 | $331.4M | canonical | SEC ↗ |
Similar funds
DIAMANT ASSET MANAGEMENT, INC. LILLY ENDOWMENT INCBROOKFIELD Corp /ON/GQG Partners LLCMITSUBISHI UFJ FINANCIAL GROUP INCNewport Trust Company, LLCVIKING GLOBAL INVESTORS LPPARNASSUS INVESTMENTS, LLC MASTERCARD FOUNDATION ASSET MANAGEMENT CORPPZENA INVESTMENT MANAGEMENT LLCCOATUE MANAGEMENT LLCWinslow Capital Management, LLC