Kylin Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
VXX
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
|
+$73.9M |
| 2 |
Vipshop
VIPS
|
+$69M |
| 3 |
QIHU
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
|
+$62.2M |
| 4 |
Trip.com Group
TCOM
|
+$13.1M |
| 5 |
Interactive Brokers
IBKR
|
+$8.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
New Oriental
EDU
|
+$40.3M |
| 2 |
CBPO
China Biologic Products Holdings, Inc.
CBPO
|
+$21.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 60.6% |
| 2 | Financials | 24.04% |
| 3 | Miscellaneous | 9.73% |
| 4 | Technology | 5.64% |
| 5 | Consumer Staples | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vipshop
VIPS
$6.4B
| $298M | 31.82% |
17,746,538
+3,595,454
| +25% | +$69M |
|
|
2
Interactive Brokers
IBKR
$43.7B
| $225M | 24.04% |
22,824,640
+796,484
| +4% | +$8.2M |
|
3
JD.com
JD
$38.5B
| $135M | 14.45% |
5,194,643
+102,207
| +2% | +$2.96M |
|
|
4
Trip.com Group
TCOM
$28.1B
| $134M | 14.33% |
4,251,404
+378,400
| +10% | +$13.1M |
|
|
VXX
5
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $91.1M | 9.73% |
+222,244
| New | +$73.9M |
|
|
QIHU
6
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $52.8M | 5.64% |
+1,104,718
| New | +$62.2M |
|
|
7
New Oriental
EDU
$9.22B
| – | – |
-1,644,710
| Closed | -$40.3M |
|
|
CBPO
8
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| – | – |
-188,226
| Closed | -$21.7M |
|
Similar funds
Kylin Management's Q3 2015 Portfolio in Review
As of Q3 2015, Kylin Management held 8 positions worth $937M, up 1.8% from $920M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Kylin Management deployed $167M of net new capital in Q3 2015, opening 2 new positions and adding to 4 existing holdings. Its largest new stake was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 222,244 shares worth $91.1M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 61% of assets, down from 68% a quarter earlier, followed by Financials and Miscellaneous.
On the sell side, the most notable exit was New Oriental, an estimated $40.3M sold.
- Kylin Management's largest Q3 2015 buy was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 222,244 shares worth $91.1M.
- Kylin Management added most to Vipshop in Q3 2015, an estimated $69M increase.
- Kylin Management fully exited New Oriental in Q3 2015, selling an estimated $40.3M.
- Kylin Management's ten largest holdings make up 100% of its $937M portfolio in Q3 2015.
- Kylin Management opened 2 new positions and closed 2 in Q3 2015.
- Kylin Management's portfolio value rose 1.8% quarter-over-quarter to $937M.
Based on Kylin Management's 13F filing for Q3 2015, filed 16 Nov 2015.