We are live on
!
Find out more
ICP
Indus Capital Partners Portfolio holdings
AUM
$39.7M
1-Year Est. Return
53.95%
This Fund
S&P 500
This Quarter
Est. Return
-16.39%
1 Year Est. Return
+53.95%
3 Year Est. Return
+114.84%
5 Year Est. Return
+42.53%
10 Year Est. Return
+777%
AUM
$553M
AUM Growth
-$233M
(-30%)
Cap. Flow
-$93.2M
Cap. Flow
% of AUM
-16.85%
Top 10 Holdings %
Top 10 Hldgs %
80.72%
Holding
53
New
10
Increased
12
Reduced
11
Closed
18
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Melco Resorts & Entertainment
MLCO
|
+$61M |
| 2 |
HDFC Bank
HDB
|
+$35.8M |
| 3 |
TSG
The Stars Group Inc.
TSG
|
+$21.3M |
| 4 |
BEDU
Bright Scholar Education Holdings
BEDU
|
+$8.89M |
| 5 |
Yum China
YUMC
|
+$7.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GrafTech
EAF
|
+$42M |
| 2 |
Baker Hughes
BKR
|
+$31.5M |
| 3 |
Xerox
XRX
|
+$31.1M |
| 4 |
BZUN
Baozun
BZUN
|
+$25.7M |
| 5 |
Applied Materials
AMAT
|
+$18.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 34.25% |
| 2 | Financials | 21.97% |
| 3 | Communication Services | 16.1% |
| 4 | Consumer Staples | 9.82% |
| 5 | Healthcare | 8.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
JD.com
JD
$42.9B
| $3.02M | 0.55% |
+144,200
| New | +$3.23M |
|
|
NAAS
27
NaaS Technology Inc
NAAS
$57M
| $2.73M | 0.49% |
43
-46
| -52% | -$3.6M |
|
28
TSMC
TSM
$2.03T
| $2.18M | 0.39% |
59,100
+11,000
| +23% | +$419K |
|
|
COE
29
51Talk Online Education Group
COE
$100M
| $1.75M | 0.32% |
60,543
+25,783
| +74% | +$845K |
|
|
LITS
30
Lite Strategy Inc
LITS
$33M
| $1.67M | 0.3% |
+31,576
| New | +$1.95M |
|
|
JOBS
31
DELISTED
51job Inc
JOBS
| $1.58M | 0.29% |
25,344
+4,444
| +21% | +$284K |
|
|
MOMO
32
Hello Group
MOMO
$869M
| $1.07M | 0.19% |
+44,993
| New | +$1.42M |
|
33
Yatra Online
YTRA
$54.7M
| $914K | 0.17% |
227,270
| – | – |
|
|
EMBJ
34
CALL
Embraer S.A. ADS
EMBJ
$12.3B
| $531K | 0.1% |
24,000
-16,000
| -40% | -$341K |
|
35
GDS Holdings
GDS
$6.14B
| $445K | 0.08% |
+19,271
| New | +$502K |
|
36
Alcoa
AA
$11.7B
| – | – |
-309,251
| Closed | -$12.5M |
|
|
37
Applied Materials
AMAT
$378B
| – | – |
-480,000
| Closed | -$18.6M |
|
38
Arcos Dorados Holdings
ARCO
$1.77B
| – | – |
-162,502
| Closed | -$988K |
|
|
39
Baker Hughes
BKR
$58B
| – | – |
-932,305
| Closed | -$31.5M |
|
|
40
CALL
GrafTech
EAF
$200M
| – | – |
-4,500
| Closed | -$878K |
|
41
PUT
iShares MSCI Emerging Markets ETF
EEM
$28B
| – | – |
-200,000
| Closed | -$8.58M |
|
42
Fomento Económico Mexicano
FMX
$43.5B
| – | – |
-54,709
| Closed | -$5.42M |
|
43
PUT
iShares China Large-Cap ETF
FXI
$4.27B
| – | – |
-200,000
| Closed | -$8.56M |
|
44
Gerdau
GGB
$9.72B
| – | – |
-226,674
| Closed | -$757K |
|
45
Huazhu Hotels Group
HTHT
$13.2B
| – | – |
-26,852
| Closed | -$867K |
|
46
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| – | – |
-130,000
| Closed | -$11.2M |
|
47
NetEase
NTES
$81.5B
| – | – |
-163,000
| Closed | -$7.44M |
|
48
NVIDIA
NVDA
$4.77T
| – | – |
-1,400,000
| Closed | -$9.84M |
|
49
Petrobras
PBR
$116B
| – | – |
-726,182
| Closed | -$8.77M |
|
50
PUT
Invesco QQQ Trust
QQQ
$445B
| – | – |
-60,000
| Closed | -$11.1M |
|
Similar funds
CF
8GI
EV
TCM
DDSF
IVAI
SPIG
CIC
Indus Capital Partners's Q4 2018 Portfolio in Review
As of Q4 2018, Indus Capital Partners held 53 positions worth $553M, down 30% from $786M the previous quarter. Its ten largest holdings account for 81% of the portfolio.
Indus Capital Partners withdrew a net $93.2M in Q4 2018, closing 18 positions and reducing 11 holdings. Its most notable exit was Baker Hughes, an estimated $31.5M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 34% of assets, up from 24% a quarter earlier, followed by Financials and Communication Services.
Against the trend, Indus Capital Partners opened a new position in Yum China worth $7.52M.
- Indus Capital Partners's largest Q4 2018 buy was Yum China: 224,390 shares worth $7.52M.
- Indus Capital Partners added most to Melco Resorts & Entertainment in Q4 2018, an estimated $61M increase.
- Indus Capital Partners's biggest Q4 2018 reduction was GrafTech, cutting an estimated $42M.
- Indus Capital Partners fully exited Baker Hughes in Q4 2018, selling an estimated $31.5M.
- Indus Capital Partners's ten largest holdings make up 81% of its $553M portfolio in Q4 2018.
- Indus Capital Partners opened 10 new positions and closed 18 in Q4 2018.
- Indus Capital Partners's portfolio value fell 30% quarter-over-quarter to $553M.
Based on Indus Capital Partners's 13F filing for Q4 2018, filed 14 Feb 2019.