We are live on
!
Find out more
FFM
FengHe Fund Management Portfolio holdings
AUM
$724M
1-Year Est. Return
196.18%
This Fund
S&P 500
This Quarter
Est. Return
+134.75%
1 Year Est. Return
+196.18%
3 Year Est. Return
+563.59%
5 Year Est. Return
+1,128.92%
10 Year Est. Return
–
AUM
$127M
AUM Growth
-$8.81M
(-6.5%)
Cap. Flow
-$126M
Cap. Flow
% of AUM
-99.16%
Top 10 Holdings %
Top 10 Hldgs %
98.96%
Holding
17
New
2
Increased
6
Reduced
3
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vipshop
VIPS
|
+$3.14M |
| 2 |
Legend Biotech
LEGN
|
+$2.83M |
| 3 |
TAL Education Group
TAL
|
+$2.01M |
| 4 |
Adobe
ADBE
|
+$1.96M |
| 5 |
Amazon
AMZN
|
+$1.93M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Futu Holdings
FUTU
|
+$107M |
| 2 |
JD.com
JD
|
+$5.71M |
| 3 |
Marriott International
MAR
|
+$5.7M |
| 4 |
Meta Platforms (Facebook)
META
|
+$5.46M |
| 5 |
TSMC
TSM
|
+$5.31M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 54.16% |
| 2 | Technology | 22.51% |
| 3 | Consumer Discretionary | 12.24% |
| 4 | Healthcare | 8.53% |
| 5 | Communication Services | 1.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Futu Holdings
FUTU
$14.9B
| $68.7M | 54.16% |
432,744
-862,095
| -67% | -$107M |
|
2
Marvell Technology
MRVL
$189B
| $25.2M | 19.9% |
515,500
+30,700
| +6% | +$1.5M |
|
|
3
Legend Biotech
LEGN
$4.55B
| $10.8M | 8.53% |
372,989
+103,917
| +39% | +$2.83M |
|
|
4
Vipshop
VIPS
$7.05B
| $7.93M | 6.25% |
265,700
+91,100
| +52% | +$3.14M |
|
5
Sea Limited
SE
$64.2B
| $3.26M | 2.57% |
14,620
+6,900
| +89% | +$1.6M |
|
|
6
Amazon
AMZN
$2.63T
| $2.82M | 2.22% |
18,200
+12,180
| +202% | +$1.93M |
|
|
7
Adobe
ADBE
$86.8B
| $2M | 1.57% |
+4,200
| New | +$1.96M |
|
8
Walt Disney
DIS
$166B
| $1.77M | 1.4% |
9,597
-28,797
| -75% | -$5.31M |
|
9
Pinduoduo
PDD
$119B
| $1.53M | 1.2% |
11,400
+400
| +4% | +$67.5K |
|
|
10
TAL Education Group
TAL
$5.73B
| $1.48M | 1.16% |
+27,400
| New | +$2.01M |
|
|
11
TSMC
TSM
$2.18T
| $1.32M | 1.04% |
11,200
-42,900
| -79% | -$5.31M |
|
12
Advanced Micro Devices
AMD
$901B
| – | – |
-31,000
| Closed | -$2.84M |
|
13
Alphabet (Google) Class C
GOOG
$4.17T
| – | – |
-12,280
| Closed | -$1.08M |
|
|
14
JD.com
JD
$40.7B
| – | – |
-65,000
| Closed | -$5.71M |
|
|
15
Marriott International
MAR
$97.5B
| – | – |
-43,200
| Closed | -$5.7M |
|
|
16
Meta Platforms (Facebook)
META
$1.59T
| – | – |
-20,000
| Closed | -$5.46M |
|
17
Microsoft
MSFT
$2.9T
| – | – |
-12,700
| Closed | -$2.83M |
|
Similar funds
AGAM
VCM
PPW
TFHU
ZAM
FAN
F
ZDA
FengHe Fund Management's Q1 2021 Portfolio in Review
As of Q1 2021, FengHe Fund Management held 17 positions worth $127M, down 6.5% from $136M the previous quarter. Its ten largest holdings account for 99% of the portfolio.
FengHe Fund Management withdrew a net $126M in Q1 2021, closing 6 positions and reducing 3 holdings. Its most notable exit was JD.com, an estimated $5.71M position sold in full.
By sector, the portfolio is most concentrated in Financials at 54% of assets, up from 44% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, FengHe Fund Management opened a new position in TAL Education Group worth $1.48M.
- FengHe Fund Management's largest Q1 2021 buy was TAL Education Group: 27,400 shares worth $1.48M.
- FengHe Fund Management added most to Vipshop in Q1 2021, an estimated $3.14M increase.
- FengHe Fund Management's biggest Q1 2021 reduction was Futu Holdings, cutting an estimated $107M.
- FengHe Fund Management fully exited JD.com in Q1 2021, selling an estimated $5.71M.
- FengHe Fund Management's ten largest holdings make up 99% of its $127M portfolio in Q1 2021.
- FengHe Fund Management opened 2 new positions and closed 6 in Q1 2021.
- FengHe Fund Management's portfolio value fell 6.5% quarter-over-quarter to $127M.
Based on FengHe Fund Management's 13F filing for Q1 2021, filed 21 Apr 2021.