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
+15.78%
1 Year Est. Return
+53.95%
3 Year Est. Return
+114.84%
5 Year Est. Return
+42.53%
10 Year Est. Return
+777%
AUM
$510M
AUM Growth
-$90.5M
(-15%)
Cap. Flow
-$155M
Cap. Flow
% of AUM
-30.42%
Top 10 Holdings %
Top 10 Hldgs %
61.97%
Holding
45
New
8
Increased
8
Reduced
18
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
IPG Photonics
IPGP
|
+$19.6M |
| 2 |
argenx
ARGX
|
+$10.7M |
| 3 |
Vir Biotechnology
VIR
|
+$9.14M |
| 4 |
SECO
Secoo Holding Limited ADR
SECO
|
+$5.16M |
| 5 |
GDS Holdings
GDS
|
+$5.01M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$34M |
| 2 |
HUYA
Huya Inc
HUYA
|
+$26.6M |
| 3 |
ONC
BeOne Medicines Ltd
ONC
|
+$22.3M |
| 4 |
HDFC Bank
HDB
|
+$19.1M |
| 5 |
BEDU
Bright Scholar Education Holdings
BEDU
|
+$19M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 38.9% |
| 2 | Healthcare | 13.31% |
| 3 | Technology | 10.8% |
| 4 | Consumer Staples | 10.59% |
| 5 | Financials | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CBD
26
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $5.8M | 1.14% |
265,210
-19,677
| -7% | -$395K |
|
27
New Oriental
EDU
$8.08B
| $5.4M | 1.06% |
44,561
-7,200
| -14% | -$861K |
|
28
Gerdau
GGB
$9.72B
| $5.2M | 1.02% |
1,337,238
+855,540
| +178% | +$2.54M |
|
29
Televisa
TV
$1.47B
| $4.51M | 0.89% |
384,742
-90,000
| -19% | -$997K |
|
30
ACM Research
ACMR
$4.98B
| $4.03M | 0.79% |
+655,518
| New | +$3.23M |
|
|
COE
31
51Talk Online Education Group
COE
$100M
| $2.93M | 0.57% |
74,549
+11,106
| +18% | +$318K |
|
32
XP
XP
$8.68B
| $2.2M | 0.43% |
+57,000
| New | +$2.14M |
|
33
NextCure
NXTC
$22.1M
| $2.14M | 0.42% |
3,162
-1,371
| -30% | -$688K |
|
34
Arcos Dorados Holdings
ARCO
$1.77B
| $1.62M | 0.32% |
205,649
+16,433
| +9% | +$119K |
|
35
Cemex
CX
$17.3B
| $1.58M | 0.31% |
+418,600
| New | +$1.59M |
|
36
Tencent Music
TME
$15.6B
| $1.32M | 0.26% |
+112,600
| New | +$1.45M |
|
|
BZUN
37
Baozun
BZUN
$168M
| – | – |
-365,492
| Closed | -$15.6M |
|
38
Huazhu Hotels Group
HTHT
$13.2B
| – | – |
-51,371
| Closed | -$1.7M |
|
39
PUT
iShares MSCI India ETF
INDA
$6.84B
| – | – |
-183,000
| Closed | -$6.14M |
|
40
Cloudflare
NET
$93.7B
| – | – |
-490,000
| Closed | -$9.1M |
|
41
NVIDIA
NVDA
$4.77T
| – | – |
-1,800,000
| Closed | -$7.83M |
|
42
Pinduoduo
PDD
$122B
| – | – |
-127,440
| Closed | -$4.11M |
|
|
HTT
43
High Templar Tech Ltd
HTT
$377M
| – | – |
-1,067,133
| Closed | -$7.35M |
|
44
TSMC
TSM
$2.03T
| – | – |
-37,100
| Closed | -$1.72M |
|
45
Vale
VALE
$62.6B
| – | – |
-351,066
| Closed | -$4.04M |
|
Similar funds
CF
8GI
EV
TCM
DDSF
IVAI
SPIG
CIC
Indus Capital Partners's Q4 2019 Portfolio in Review
As of Q4 2019, Indus Capital Partners held 45 positions worth $510M, down 15% from $600M the previous quarter. Its ten largest holdings account for 62% of the portfolio.
Indus Capital Partners withdrew a net $155M in Q4 2019, closing 9 positions and reducing 18 holdings. Its most notable exit was Baozun, an estimated $15.6M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 39% of assets, up from 38% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Indus Capital Partners opened a new position in IPG Photonics worth $20.4M.
- Indus Capital Partners's largest Q4 2019 buy was IPG Photonics: 140,717 shares worth $20.4M.
- Indus Capital Partners added most to Secoo Holding Limited ADR in Q4 2019, an estimated $5.16M increase.
- Indus Capital Partners's biggest Q4 2019 reduction was Alibaba, cutting an estimated $34M.
- Indus Capital Partners fully exited Baozun in Q4 2019, selling an estimated $15.6M.
- Indus Capital Partners's ten largest holdings make up 62% of its $510M portfolio in Q4 2019.
- Indus Capital Partners opened 8 new positions and closed 9 in Q4 2019.
- Indus Capital Partners's portfolio value fell 15% quarter-over-quarter to $510M.
Based on Indus Capital Partners's 13F filing for Q4 2019, filed 14 Feb 2020.