We are live on
!
Find out more
HM
HCEP Management Portfolio holdings
AUM
$80.7M
1-Year Est. Return
1.24%
This Fund
S&P 500
This Quarter
Est. Return
-17.21%
1 Year Est. Return
-1.24%
3 Year Est. Return
+103.92%
5 Year Est. Return
+33.18%
10 Year Est. Return
–
AUM
$527M
AUM Growth
+$21.6M
(+4.3%)
Cap. Flow
+$117M
Cap. Flow
% of AUM
22.25%
Top 10 Holdings %
Top 10 Hldgs %
99.58%
Holding
14
New
4
Increased
6
Reduced
–
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pinduoduo
PDD
|
+$56.7M |
| 2 |
Alibaba
BABA
|
+$43.4M |
| 3 |
ProShares UltraPro Short QQQ
SQQQ
|
+$31.3M |
| 4 |
iQIYI
IQ
|
+$19.3M |
| 5 |
Coherent
COHR
|
+$18.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Baidu
BIDU
|
+$37.7M |
| 2 |
ZTO Express
ZTO
|
+$27.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 37.82% |
| 2 | Real Estate | 28.18% |
| 3 | Technology | 15.92% |
| 4 | Communication Services | 12.43% |
| 5 | Consumer Staples | 0.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
KE Holdings
BEKE
$19.3B
| $149M | 28.18% |
10,000,000
| – | – |
|
|
2
Alibaba
BABA
$276B
| $125M | 23.65% |
1,495,600
+495,600
| +50% | +$43.4M |
|
|
3
Pinduoduo
PDD
$120B
| $69.1M | 13.12% |
1,000,000
+825,000
| +471% | +$56.7M |
|
|
4
iQIYI
IQ
$1.15B
| $65.5M | 12.43% |
12,268,319
+3,433,469
| +39% | +$19.3M |
|
5
Full Truck Alliance
YMM
$9.48B
| $53.9M | 10.22% |
8,659,084
+1,113,441
| +15% | +$7.18M |
|
|
6
ProShares UltraPro Short QQQ
SQQQ
$2.36B
| $26.3M | 4.98% |
55,534
+48,273
| +665% | +$31.3M |
|
|
7
Coherent
COHR
$54.3B
| $25.5M | 4.84% |
+500,000
| New | +$18.6M |
|
|
TOUR
8
Tuniu
TOUR
$55.2M
| $4.13M | 0.78% |
250,000
+10,460
| +4% | +$170K |
|
|
API
9
Agora
API
$331M
| $3.76M | 0.71% |
1,200,000
| – | – |
|
10
RLX Technology
RLX
$2.51B
| $3.54M | 0.67% |
+2,000,000
| New | +$4.48M |
|
11
Tesla
TSLA
$1.43T
| $1.38M | 0.26% |
+5,270
| New | +$1.05M |
|
|
DQ
12
Daqo New Energy
DQ
$821M
| $812K | 0.15% |
+20,458
| New | +$853K |
|
|
13
Baidu
BIDU
$36.5B
| – | – |
-250,000
| Closed | -$37.7M |
|
|
14
ZTO Express
ZTO
$18.2B
| – | – |
-975,000
| Closed | -$27.9M |
|
Similar funds
HIIL
AM
PIS
FWM
FF
BCM
FPAM
MWVC
HCEP Management's Q2 2023 Portfolio in Review
As of Q2 2023, HCEP Management held 14 positions worth $527M, up 4.3% from $505M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
HCEP Management deployed $117M of net new capital in Q2 2023, opening 4 new positions and adding to 6 existing holdings. Its largest new stake was Coherent: 500,000 shares worth $25.5M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 38% of assets, up from 24% a quarter earlier, followed by Real Estate and Technology.
On the sell side, the most notable exit was Baidu, an estimated $37.7M sold.
- HCEP Management's largest Q2 2023 buy was Coherent: 500,000 shares worth $25.5M.
- HCEP Management added most to Pinduoduo in Q2 2023, an estimated $56.7M increase.
- HCEP Management fully exited Baidu in Q2 2023, selling an estimated $37.7M.
- HCEP Management's ten largest holdings make up 100% of its $527M portfolio in Q2 2023.
- HCEP Management opened 4 new positions and closed 2 in Q2 2023.
- HCEP Management's portfolio value rose 4.3% quarter-over-quarter to $527M.
Based on HCEP Management's 13F filing for Q2 2023, filed 11 Aug 2023.