Latest Perseverance Asset Management International Stock Portfolio
Perseverance Asset Management International Performance:
2024 Q3: 3.38%YTD: 3.24%2023: 6.97%
Performance for 2024 Q3 is 3.38%, and YTD is 3.24%, and 2023 is 6.97%.
About Perseverance Asset Management International and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Perseverance Asset Management International reported an equity portfolio of $867.8 Millions as of 30 Sep, 2024.
The top stock holdings of Perseverance Asset Management International are PDD, HTHT, NTES. The fund has invested 27.3% of it's portfolio in PDD HOLDINGS INC and 17% of portfolio in H WORLD GROUP LTD.
The fund managers got completely rid off AMER SPORTS INC, ALIBABA GROUP HLDG LTD (BABA) and ELI LILLY & CO (LLY) stocks. They significantly reduced their stock positions in MICROSOFT CORP (MSFT), TENCENT MUSIC ENTMT GROUP (TME) and ZTO EXPRESS CAYMAN INC (ZTO). Perseverance Asset Management International opened new stock positions in LI AUTO INC (LI) and KANZHUN LIMITED (BZ). The fund showed a lot of confidence in some stocks as they added substantially to TAL EDUCATION GROUP (TAL), ALPHABET INC (GOOG) and KE HLDGS INC (BEKE).
The top stock holdings of Perseverance Asset Management International are PDD, HTHT, NTES. The fund has invested 27.3% of it's portfolio in PDD HOLDINGS INC and 17% of portfolio in H WORLD GROUP LTD.
The fund managers got completely rid off AMER SPORTS INC, ALIBABA GROUP HLDG LTD (BABA) and ELI LILLY & CO (LLY) stocks. They significantly reduced their stock positions in MICROSOFT CORP (MSFT), TENCENT MUSIC ENTMT GROUP (TME) and ZTO EXPRESS CAYMAN INC (ZTO). Perseverance Asset Management International opened new stock positions in LI AUTO INC (LI) and KANZHUN LIMITED (BZ). The fund showed a lot of confidence in some stocks as they added substantially to TAL EDUCATION GROUP (TAL), ALPHABET INC (GOOG) and KE HLDGS INC (BEKE).
Perseverance Asset Management International Annual Return Estimates Vs S&P 500
Our best estimate is that Perseverance Asset Management International made a return of 3.38% in the last quarter. In trailing 12 months, it's portfolio return was 4.94%.
New Buys
| Ticker | $ Bought |
|---|---|
| li auto inc | 13,586,800 |
| kanzhun limited | 12,674,200 |
New stocks bought by Perseverance Asset Management International
Additions
| Ticker | % Inc. |
|---|---|
| tal education group | 205 |
| alphabet inc | 100 |
| ke hldgs inc | 60.23 |
| trip com group ltd | 34.05 |
| h world group ltd | 31.45 |
| netease inc | 23.15 |
| yum china hldgs inc | 22.08 |
| pdd holdings inc | 10.9 |
Additions to existing portfolio by Perseverance Asset Management International
Reductions
| Ticker | % Reduced |
|---|---|
| microsoft corp | -69.23 |
| tencent music entmt group | -49.57 |
| zto express cayman inc | -40.41 |
| iqiyi inc | -35.6 |
| meta platforms inc | -30.00 |
| rlx technology inc | -10.02 |
Perseverance Asset Management International reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| amer sports inc | -10,543,000 |
| alibaba group hldg ltd | -2,796,340 |
| new oriental ed & technology | -1,523,660 |
| eli lilly & co | -259,844 |
Perseverance Asset Management International got rid off the above stocks
Sector Distribution
Perseverance Asset Management International has about 85.2% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 85.2 |
| Consumer Cyclical | 8.4 |
| Communication Services | 5.4 |
Market Cap. Distribution
Perseverance Asset Management International has about 14.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 85.2 |
| LARGE-CAP | 8.4 |
| MEGA-CAP | 6.4 |
Stocks belong to which Index?
About 6.4% of the stocks held by Perseverance Asset Management International either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 93.6 |
| S&P 500 | 6.4 |
Perseverance Asset Management International Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Perseverance Asset Management International
Perseverance Asset Management International has 17 stocks in it's portfolio. About 89% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. YUMC was the most profitable stock for Perseverance Asset Management International last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ATAT | atour lifestyle hldgs ltd | 2.73 | 914,813 | 23,730,200 | unchanged | 0.00 | ||
| BABA | alibaba group hldg ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BEKE | ke hldgs inc | 8.14 | 3,548,310 | 70,646,900 | added | 60.23 | ||
| BZ | kanzhun limited | 1.46 | 730,083 | 12,674,200 | new | |||
| GOOG | alphabet inc | 0.77 | 40,000 | 6,687,600 | added | 100 | ||
| HTHT | h world group ltd | 17.04 | 3,973,760 | 147,824,000 | added | 31.45 | ||
| LI | li auto inc | 1.57 | 529,701 | 13,586,800 | new | |||
| LLY | eli lilly & co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| META | meta platforms inc | 4.62 | 70,000 | 40,070,800 | reduced | -30.00 | ||
| MSFT | microsoft corp | 0.99 | 20,000 | 8,606,000 | reduced | -69.23 | ||
| NTES | netease inc | 10.66 | 988,853 | 92,467,600 | added | 23.15 | ||
| PDD | pdd holdings inc | 27.31 | 1,757,910 | 236,983,000 | added | 10.9 | ||
| RLX | rlx technology inc | 2.70 | 12,966,400 | 23,469,100 | reduced | -10.02 | ||
| TAL | tal education group | 1.01 | 742,860 | 8,795,460 | added | 205 | ||
| TCOM | trip com group ltd | 4.32 | 630,132 | 37,448,700 | added | 34.05 | ||
| TME | tencent music entmt group | 2.48 | 1,785,870 | 21,519,800 | reduced | -49.57 | ||
| YUMC | yum china hldgs inc | 8.37 | 1,613,730 | 72,650,200 | added | 22.08 | ||
| ZTO | zto express cayman inc | 2.88 | 1,007,360 | 24,952,300 | reduced | -40.41 | ||
| iqiyi inc | 2.96 | 8,964,700 | 25,639,000 | reduced | -35.6 | |||
| amer sports inc | 0.00 | 0.00 | 0.00 | sold off | -100 | |||