We are live on ! Find out more
ACM

Ariose Capital Management Portfolio holdings

AUM $149M
1-Year Est. Return 287.58%
This Fund
S&P 500
This Quarter Est. Return
-1.44%
1 Year Est. Return
+287.58%
3 Year Est. Return
+646.37%
5 Year Est. Return
+978.47%
10 Year Est. Return
+48,390.52%
AUM
$77.7M
AUM Growth
-$42.1M
Cap. Flow
-$41.1M
Cap. Flow %
-52.89%
Top 10 Hldgs %
100%
Holding
11
New
5
Increased
–
Reduced
1
Closed
5

Top Buys

Rank Stock Value
1
GLD icon
SPDR Gold Trust
GLD
+$22.2M
2
WB icon
Weibo
WB
+$15.4M
3
SINA
Sina Corp
SINA
+$13.9M
4
SOHU
Sohu.com
SOHU
+$4.54M
5
VTRS icon
Viatris
VTRS
+$2.74M

Top Sells

Rank Stock Value
1
TAL icon
TAL Education Group
TAL
+$37.3M
2
BABA icon
Alibaba
BABA
+$25.5M
3
IQ icon
iQIYI
IQ
+$12.3M
4
YUMC icon
Yum China
YUMC
+$11.4M
5
BIDU icon
Baidu
BIDU
+$8.16M

Sector Composition

Rank Sector Weight
1 Communication Services 25.94%
2 Consumer Discretionary 24.79%
3 Healthcare 3.56%
4 Consumer Staples 0%
5 Technology 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GLD icon
1
SPDR Gold Trust
GLD
$129B
$22.1M 28.51%
+159,400
New +$22.2M
YUMC icon
2
Yum China
YUMC
$15.1B
$19.3M 24.79%
423,785
-255,254
-38% -$11.4M
WB icon
3
Weibo
WB
$1.97B
$16.2M 20.9%
+362,585
New +$15.4M
SINA
4
DELISTED
Sina Corp
SINA
$13.4M 17.19%
+340,666
New +$13.9M
SOHU
5
Sohu.com
SOHU
$346M
$3.92M 5.04%
+385,545
New +$4.54M
VTRS icon
6
Viatris
VTRS
$19.8B
$2.77M 3.56%
+139,900
New +$2.74M
BABA icon
7
Alibaba
BABA
$288B
– –
-150,400
Closed -$25.5M
BIDU icon
8
Baidu
BIDU
$37.4B
– –
-69,500
Closed -$8.16M
IQ icon
9
iQIYI
IQ
$1.19B
– –
-593,770
Closed -$12.3M
NVDA icon
10
NVIDIA
NVDA
$4.92T
– –
-1,256,000
Closed -$5.16M
TAL icon
11
TAL Education Group
TAL
$5.72B
– –
-979,136
Closed -$37.3M

Similar funds

NPAN
Northeast Planning Associates NH Bedford, New Hampshire $149M AUM 34.04% 1-Year Est. Return
RCM
Rockbridge Capital Management Alexandria, Virginia $149M AUM 1.06% 1-Year Est. Return
AF
Atala Financial Calabasas, California $149M AUM 23.95% 1-Year Est. Return
CWP
Clark Wealth Partners O'fallon, Illinois $149M AUM 15.91% 1-Year Est. Return
DAC
Dutch Asset Corp Selkirk, New York $149M AUM
KFSN
Keystone Financial Services (Nebraska) Omaha, Nebraska $149M AUM 15.23% 1-Year Est. Return
VBCG
Valley Brook Capital Group Venetia, Pennsylvania $149M AUM 27.88% 1-Year Est. Return
AWF
Alpha Wealth Funds Park City, Utah $149M AUM 10.03% 1-Year Est. Return

Ariose Capital Management's Q3 2019 Portfolio in Review

As of Q3 2019, Ariose Capital Management held 11 positions worth $77.7M, down 35% from $120M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Ariose Capital Management withdrew a net $41.1M in Q3 2019, closing 5 positions and reducing 1 holding. Its most notable exit was TAL Education Group, an estimated $37.3M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 26% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Ariose Capital Management opened a new position in SPDR Gold Trust worth $22.1M.

  • Ariose Capital Management's largest Q3 2019 buy was SPDR Gold Trust: 159,400 shares worth $22.1M.
  • Ariose Capital Management's biggest Q3 2019 reduction was Yum China, cutting an estimated $11.4M.
  • Ariose Capital Management fully exited TAL Education Group in Q3 2019, selling an estimated $37.3M.
  • Ariose Capital Management's ten largest holdings make up 100% of its $77.7M portfolio in Q3 2019.
  • Ariose Capital Management opened 5 new positions and closed 5 in Q3 2019.
  • Ariose Capital Management's portfolio value fell 35% quarter-over-quarter to $77.7M.

Based on Ariose Capital Management's 13F filing for Q3 2019, filed 8 Nov 2019.