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ACM

Ariose Capital Management Portfolio holdings

AUM $149M
1-Year Est. Return 287.58%
This Fund
S&P 500
This Quarter Est. Return
+31.42%
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
$190M
AUM Growth
-$66.6M
Cap. Flow
-$82.9M
Cap. Flow %
-43.67%
Top 10 Hldgs %
98.7%
Holding
24
New
7
Increased
2
Reduced
1
Closed
12

Top Buys

1
NVDA icon
NVIDIA
NVDA
+$49.2M
2
NTES icon
NetEase
NTES
+$18.5M
3
BIDU icon
Baidu
BIDU
+$13.3M
4
NFLX icon
Netflix
NFLX
+$12.3M
5
DQ
Daqo New Energy
DQ
+$3.41M

Top Sells

1
ACMR icon
ACM Research
ACMR
+$38.7M
2
EDU icon
New Oriental
EDU
+$30.6M
3
LI icon
Li Auto
LI
+$29.6M
4
BABA icon
Alibaba
BABA
+$24.5M
5
BEKE icon
KE Holdings
BEKE
+$21.4M

Sector Composition

1 Technology 48%
2 Communication Services 34.13%
3 Consumer Discretionary 13.5%
4 Industrials 2.32%
5 Financials 1.56%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NVDA icon
1
NVIDIA
NVDA
$4.91T
$61.3M 32.3%
+678,720
New +$49.2M
NTES icon
2
NetEase
NTES
$84.1B
$38.4M 20.2%
370,721
+181,062
+95% +$18.5M
DQ
3
Daqo New Energy
DQ
$821M
$26.8M 14.13%
952,924
+152,800
+19% +$3.41M
VIPS icon
4
Vipshop
VIPS
$6.96B
$22.6M 11.89%
1,364,425
-634,325
-32% -$10.7M
NFLX icon
5
Netflix
NFLX
$290B
$13.3M 7.01%
+219,000
New +$12.3M
BIDU icon
6
Baidu
BIDU
$36.5B
$13.1M 6.93%
+124,900
New +$13.3M
TCOM icon
7
Trip.com Group
TCOM
$26.7B
$3.04M 1.6%
+69,300
New +$2.82M
CRWD icon
8
CrowdStrike
CRWD
$207B
$2.98M 1.57%
+37,200
New +$2.85M
COIN icon
9
Coinbase
COIN
$41.4B
$2.97M 1.56%
+11,200
New +$2.02M
NOC icon
10
Northrop Grumman
NOC
$74.1B
$2.87M 1.51%
6,000
– –
HOLI
11
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
$1.53M 0.8%
59,719
– –
URA icon
12
Global X Uranium ETF
URA
$5.36B
$931K 0.49%
+32,310
New +$935K
ACMR icon
13
ACM Research
ACMR
$5.8B
– –
-1,980,671
Closed -$38.7M
AMD icon
14
Advanced Micro Devices
AMD
$808B
– –
-23,000
Closed -$3.39M
ATAT icon
15
Atour Lifestyle Holdings
ATAT
$4.38B
– –
-58,465
Closed -$1.01M
BABA icon
16
Alibaba
BABA
$276B
– –
-316,174
Closed -$24.5M
BEKE icon
17
KE Holdings
BEKE
$19.3B
– –
-1,319,700
Closed -$21.4M
CAN
18
Canaan Creative
CAN
$201M
– –
-458,700
Closed -$1.06M
EDU icon
19
New Oriental
EDU
$7.82B
– –
-418,000
Closed -$30.6M
GOOGL icon
20
Alphabet (Google) Class A
GOOGL
$4.23T
– –
-22,000
Closed -$3.07M
JD icon
21
JD.com
JD
$40B
– –
-289,200
Closed -$8.35M
LI icon
22
Li Auto
LI
$12.3B
– –
-789,600
Closed -$29.6M
TAL icon
23
TAL Education Group
TAL
$5.68B
– –
-812,400
Closed -$10.3M
TSLA icon
24
Tesla
TSLA
$1.43T
– –
-22,800
Closed -$5.67M

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
GIS
Graphene Investments SAS Paris, France $149M AUM 29.38% 1-Year Est. Return
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

Ariose Capital Management's Q1 2024 Portfolio in Review

As of Q1 2024, Ariose Capital Management held 24 positions worth $190M, down 26% from $256M the previous quarter. Its ten largest holdings account for 99% of the portfolio.

Ariose Capital Management withdrew a net $82.9M in Q1 2024, closing 12 positions and reducing 1 holding. Its most notable exit was ACM Research, an estimated $38.7M position sold in full.

By sector, the portfolio is most concentrated in Technology at 48% of assets, up from 25% a quarter earlier, followed by Communication Services and Consumer Discretionary.

Against the trend, Ariose Capital Management opened a new position in NVIDIA worth $61.3M.

  • Ariose Capital Management's largest Q1 2024 buy was NVIDIA: 678,720 shares worth $61.3M.
  • Ariose Capital Management added most to NetEase in Q1 2024, an estimated $18.5M increase.
  • Ariose Capital Management's biggest Q1 2024 reduction was Vipshop, cutting an estimated $10.7M.
  • Ariose Capital Management fully exited ACM Research in Q1 2024, selling an estimated $38.7M.
  • Ariose Capital Management's ten largest holdings make up 99% of its $190M portfolio in Q1 2024.
  • Ariose Capital Management opened 7 new positions and closed 12 in Q1 2024.
  • Ariose Capital Management's portfolio value fell 26% quarter-over-quarter to $190M.

Based on Ariose Capital Management's 13F filing for Q1 2024, filed 30 Apr 2024.