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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
-5.82%
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
$131M
AUM Growth
-$58.9M
(-31%)
Cap. Flow
-$41.3M
Cap. Flow
% of AUM
-31.51%
Top 10 Holdings %
Top 10 Hldgs %
96.68%
Holding
18
New
6
Increased
3
Reduced
1
Closed
5
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Trip.com Group
TCOM
|
+$24M |
| 2 |
New Oriental
EDU
|
+$15.8M |
| 3 |
Netflix
NFLX
|
+$8.81M |
| 4 |
Tesla
TSLA
|
+$5.24M |
| 5 |
iShares Bitcoin Trust
IBIT
|
+$5.03M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$61.3M |
| 2 |
Vipshop
VIPS
|
+$22.6M |
| 3 |
Baidu
BIDU
|
+$13.1M |
| 4 |
NetEase
NTES
|
+$9.94M |
| 5 |
CrowdStrike
CRWD
|
+$2.98M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 37.98% |
| 2 | Consumer Discretionary | 26.3% |
| 3 | Technology | 15.4% |
| 4 | Consumer Staples | 11.49% |
| 5 | Industrials | 2.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
NetEase
NTES
$76.5B
| $25.5M | 19.43% |
266,311
-104,410
| -28% | -$9.94M |
|
|
2
Trip.com Group
TCOM
$27.5B
| $25.4M | 19.4% |
540,630
+471,330
| +680% | +$24M |
|
|
3
Netflix
NFLX
$292B
| $24.3M | 18.55% |
360,000
+141,000
| +64% | +$8.81M |
|
|
DQ
4
Daqo New Energy
DQ
$790M
| $17.2M | 13.17% |
1,181,124
+228,200
| +24% | +$4.8M |
|
|
5
New Oriental
EDU
$7.84B
| $15M | 11.49% |
+193,572
| New | +$15.8M |
|
|
6
Tesla
TSLA
$1.24T
| $5.94M | 4.53% |
+30,000
| New | +$5.24M |
|
|
7
iShares Bitcoin Trust
IBIT
$47.2B
| $4.59M | 3.51% |
+134,588
| New | +$5.03M |
|
8
Marriott International
MAR
$98.7B
| $3.1M | 2.36% |
+12,807
| New | +$3.07M |
|
9
Qualcomm
QCOM
$176B
| $2.93M | 2.24% |
+14,700
| New | +$2.78M |
|
10
Northrop Grumman
NOC
$77B
| $2.62M | 2% |
6,000
| – | – |
|
11
SLB Ltd
SLB
$78.4B
| $2.12M | 1.62% |
+45,000
| New | +$2.17M |
|
|
HOLI
12
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $1.29M | 0.99% |
59,719
| – | – |
|
13
Global X Uranium ETF
URA
$5.52B
| $935K | 0.71% |
32,310
| – | – |
|
|
14
Baidu
BIDU
$35.8B
| – | – |
-124,900
| Closed | -$13.1M |
|
15
Coinbase
COIN
$41.7B
| – | – |
-11,200
| Closed | -$2.97M |
|
|
16
CrowdStrike
CRWD
$187B
| – | – |
-37,200
| Closed | -$2.98M |
|
|
17
NVIDIA
NVDA
$5.01T
| – | – |
-678,720
| Closed | -$61.3M |
|
|
18
Vipshop
VIPS
$6.84B
| – | – |
-1,364,425
| Closed | -$22.6M |
|
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Ariose Capital Management's Q2 2024 Portfolio in Review
As of Q2 2024, Ariose Capital Management held 18 positions worth $131M, down 31% from $190M the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Ariose Capital Management withdrew a net $41.3M in Q2 2024, closing 5 positions and reducing 1 holding. Its most notable exit was NVIDIA, an estimated $61.3M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 38% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Ariose Capital Management opened a new position in New Oriental worth $15M.
- Ariose Capital Management's largest Q2 2024 buy was New Oriental: 193,572 shares worth $15M.
- Ariose Capital Management added most to Trip.com Group in Q2 2024, an estimated $24M increase.
- Ariose Capital Management's biggest Q2 2024 reduction was NetEase, cutting an estimated $9.94M.
- Ariose Capital Management fully exited NVIDIA in Q2 2024, selling an estimated $61.3M.
- Ariose Capital Management's ten largest holdings make up 97% of its $131M portfolio in Q2 2024.
- Ariose Capital Management opened 6 new positions and closed 5 in Q2 2024.
- Ariose Capital Management's portfolio value fell 31% quarter-over-quarter to $131M.
Based on Ariose Capital Management's 13F filing for Q2 2024, filed 25 Jul 2024.