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MICM

Matthews International Capital Management Portfolio holdings

AUM $292M
1-Year Est. Return 75.01%
This Fund
S&P 500
This Quarter Est. Return
+8.99%
1 Year Est. Return
+75.01%
3 Year Est. Return
+227.44%
5 Year Est. Return
+185.21%
10 Year Est. Return
+1,024.3%
AUM
$508M
AUM Growth
-$204M
Cap. Flow
-$223M
Cap. Flow %
-44.02%
Top 10 Hldgs %
67.38%
Holding
42
New
5
Increased
8
Reduced
23
Closed
4

Top Buys

Rank Stock Value
1
SE icon
Sea Limited
SE
+$14.3M
2
JD icon
JD.com
JD
+$10.9M
3
AVGO icon
Broadcom
AVGO
+$6.78M
4
LRCX icon
Lam Research
LRCX
+$6.41M
5
EDU icon
New Oriental
EDU
+$4.06M

Top Sells

Rank Stock Value
1
PDD icon
Pinduoduo
PDD
+$45.6M
2
YUMC icon
Yum China
YUMC
+$42.2M
3
BEKE icon
KE Holdings
BEKE
+$34.8M
4
TME icon
Tencent Music
TME
+$26.6M
5
BZ icon
Kanzhun
BZ
+$22.7M

Sector Composition

Rank Sector Weight
1 Technology 33.42%
2 Consumer Discretionary 28.54%
3 Communication Services 12.35%
4 Real Estate 9.95%
5 Healthcare 8.31%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ZTO icon
26
ZTO Express
ZTO
$17.6B
$2.3M 0.45%
109,932
-9,938
-8% -$190K
FCX icon
27
Freeport-McMoran
FCX
$96.9B
$1.98M 0.39%
42,123
+17,583
+72% +$710K
GLOB icon
28
Globant
GLOB
$1.67B
$1.79M 0.35%
8,859
+245
+3% +$55K
TTE icon
29
TotalEnergies
TTE
$194B
$1.4M 0.28%
20,386
-11,750
-37% -$771K
MELI icon
30
Mercado Libre
MELI
$92.7B
$1.04M 0.2%
+686
New +$1.12M
INFY icon
31
Infosys
INFY
$49.7B
$954K 0.19%
53,191
-69,633
-57% -$1.35M
CPNG icon
32
Coupang
CPNG
$29.3B
$903K 0.18%
50,761
-29,037
-36% -$475K
VALE icon
33
Vale
VALE
$61.4B
$473K 0.09%
38,802
-45,796
-54% -$618K
DESP
34
DELISTED
Despegar.com
DESP
$299K 0.06%
+24,959
New +$236K
AMAT icon
35
Applied Materials
AMAT
$435B
$140K 0.03%
679
-72,217
-99% -$13.2M
SKM icon
36
SK Telecom
SKM
$13.5B
$27.1K 0.01%
1,259
– –
HTHT icon
37
Huazhu Hotels Group
HTHT
$12.7B
– –
-39,584
Closed -$1.32M
MLCO icon
38
Melco Resorts & Entertainment
MLCO
$2.14B
– –
-793,176
Closed -$7.04M
VINP icon
39
Vinci Compass Investments Ltd
VINP
$626M
– –
-122,918
Closed -$1.35M
ONC
40
BeOne Medicines Ltd
ONC
$40.6B
– –
-20,902
Closed -$3.77M
1
2

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DIGDR
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Matthews International Capital Management's Q1 2024 Portfolio in Review

As of Q1 2024, Matthews International Capital Management held 42 positions worth $508M, down 29% from $712M the previous quarter. Its ten largest holdings account for 67% of the portfolio.

Matthews International Capital Management withdrew a net $223M in Q1 2024, closing 4 positions and reducing 23 holdings. Its most notable exit was Melco Resorts & Entertainment, an estimated $7.04M position sold in full.

By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 26% a quarter earlier, followed by Consumer Discretionary and Communication Services.

Against the trend, Matthews International Capital Management opened a new position in Sea Limited worth $16.7M.

  • Matthews International Capital Management's largest Q1 2024 buy was Sea Limited: 311,619 shares worth $16.7M.
  • Matthews International Capital Management added most to Broadcom in Q1 2024, an estimated $6.78M increase.
  • Matthews International Capital Management's biggest Q1 2024 reduction was Pinduoduo, cutting an estimated $45.6M.
  • Matthews International Capital Management fully exited Melco Resorts & Entertainment in Q1 2024, selling an estimated $7.04M.
  • Matthews International Capital Management's ten largest holdings make up 67% of its $508M portfolio in Q1 2024.
  • Matthews International Capital Management opened 5 new positions and closed 4 in Q1 2024.
  • Matthews International Capital Management's portfolio value fell 29% quarter-over-quarter to $508M.

Based on Matthews International Capital Management's 13F filing for Q1 2024, filed 15 Apr 2024.