Kylin Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Trip.com Group
TCOM
|
+$41.9M |
| 2 |
CBPO
China Biologic Products Holdings, Inc.
CBPO
|
+$19.8M |
| 3 |
JD.com
JD
|
+$17M |
| 4 |
Interactive Brokers
IBKR
|
+$8.29M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
QIHU
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
|
+$108M |
| 2 |
New Oriental
EDU
|
+$80.3M |
| 3 |
EJ
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
|
+$44.7M |
| 4 |
Vipshop
VIPS
|
+$39M |
| 5 |
QUNR
Qunar Cayman Islands Limited
QUNR
|
+$458K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 68.38% |
| 2 | Financials | 24.88% |
| 3 | Consumer Staples | 4.38% |
| 4 | Healthcare | 2.36% |
| 5 | Miscellaneous | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vipshop
VIPS
$6.4B
| $315M | 34.22% |
14,151,084
-1,470,674
| -9% | -$39M |
|
|
2
Interactive Brokers
IBKR
$43.7B
| $229M | 24.88% |
22,028,156
+913,240
| +4% | +$8.29M |
|
|
3
JD.com
JD
$38.5B
| $174M | 18.87% |
5,092,436
+500,869
| +11% | +$17M |
|
|
4
Trip.com Group
TCOM
$28.1B
| $141M | 15.29% |
3,873,004
+1,199,608
| +45% | +$41.9M |
|
|
5
New Oriental
EDU
$9.22B
| $40.3M | 4.38% |
1,644,710
-3,241,216
| -66% | -$80.3M |
|
|
CBPO
6
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $21.7M | 2.36% |
+188,226
| New | +$19.8M |
|
|
EJ
7
DELISTED
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
| – | – |
-8,237,538
| Closed | -$44.7M |
|
|
QUNR
8
DELISTED
Qunar Cayman Islands Limited
QUNR
| – | – |
-11,100
| Closed | -$458K |
|
|
QIHU
9
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| – | – |
-2,115,511
| Closed | -$108M |
|
Similar funds
Kylin Management's Q2 2015 Portfolio in Review
As of Q2 2015, Kylin Management held 9 positions worth $920M, down 17% from $1.11B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Kylin Management withdrew a net $186M in Q2 2015, closing 3 positions and reducing 2 holdings. Its most notable exit was QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS, an estimated $108M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 68% of assets, up from 60% a quarter earlier, followed by Financials and Consumer Staples.
Against the trend, Kylin Management opened a new position in China Biologic Products Holdings, Inc. worth $21.7M.
- Kylin Management's largest Q2 2015 buy was China Biologic Products Holdings, Inc.: 188,226 shares worth $21.7M.
- Kylin Management added most to Trip.com Group in Q2 2015, an estimated $41.9M increase.
- Kylin Management's biggest Q2 2015 reduction was New Oriental, cutting an estimated $80.3M.
- Kylin Management fully exited QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS in Q2 2015, selling an estimated $108M.
- Kylin Management's ten largest holdings make up 100% of its $920M portfolio in Q2 2015.
- Kylin Management opened 1 new position and closed 3 in Q2 2015.
- Kylin Management's portfolio value fell 17% quarter-over-quarter to $920M.
Based on Kylin Management's 13F filing for Q2 2015, filed 14 Aug 2015.