We are live on
!
Find out more
MICM
Matthews International Capital Management Portfolio holdings
AUM
$292M
1-Year Est. Return
75.01%
This Fund
S&P 500
This Quarter
Est. Return
-13.76%
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
$1.63B
AUM Growth
-$453M
(-22%)
Cap. Flow
-$161M
Cap. Flow
% of AUM
-9.89%
Top 10 Holdings %
Top 10 Hldgs %
82.94%
Holding
39
New
4
Increased
12
Reduced
14
Closed
5
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iQIYI
IQ
|
+$45.9M |
| 2 |
Alibaba
BABA
|
+$38.8M |
| 3 |
Huazhu Hotels Group
HTHT
|
+$19.6M |
| 4 |
WUBA
58.com Inc
WUBA
|
+$13.5M |
| 5 |
Telkom Indonesia
TLK
|
+$7.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Baidu
BIDU
|
+$89.6M |
| 2 |
CHL
China Mobile Limited
CHL
|
+$56.8M |
| 3 |
HSBC
HSBC
|
+$39.4M |
| 4 |
AIFU
AIFU Inc
AIFU
|
+$21.4M |
| 5 |
Broadcom
AVGO
|
+$21M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 34.46% |
| 2 | Technology | 23.56% |
| 3 | Communication Services | 17.25% |
| 4 | Financials | 5.79% |
| 5 | Healthcare | 2.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Alibaba
BABA
$308B
| $307M | 18.81% |
2,239,856
+262,401
| +13% | +$38.8M |
|
|
CHL
2
DELISTED
China Mobile Limited
CHL
| $223M | 13.64% |
4,638,551
-1,179,300
| -20% | -$56.8M |
|
3
Cognizant
CTSH
$25.1B
| $221M | 13.54% |
3,480,470
-132,230
| -4% | -$9.2M |
|
4
Yum China
YUMC
$16.3B
| $164M | 10.07% |
4,902,710
+158,800
| +3% | +$5.45M |
|
|
5
Baidu
BIDU
$37.7B
| $132M | 8.1% |
833,501
-480,169
| -37% | -$89.6M |
|
6
TSMC
TSM
$2.15T
| $95.9M | 5.87% |
2,597,879
-290,400
| -10% | -$11.1M |
|
|
AIFU
7
AIFU Inc
AIFU
$216M
| $66.3M | 4.06% |
7,554
-2,108
| -22% | -$21.4M |
|
|
8
Broadcom
AVGO
$1.99T
| $65.1M | 3.99% |
2,561,800
-890,200
| -26% | -$21M |
|
|
9
Huazhu Hotels Group
HTHT
$13B
| $42.8M | 2.62% |
1,495,100
+680,800
| +84% | +$19.6M |
|
10
NetEase
NTES
$82B
| $36.5M | 2.23% |
774,950
-345,050
| -31% | -$15.6M |
|
|
11
Telkom Indonesia
TLK
$14.6B
| $35.5M | 2.18% |
1,354,940
+287,100
| +27% | +$7.3M |
|
|
ONC
12
BeOne Medicines Ltd
ONC
$34B
| $34.1M | 2.09% |
243,403
+36,300
| +18% | +$4.81M |
|
|
BZUN
13
Baozun
BZUN
$172M
| $33.5M | 2.05% |
1,145,900
+104,700
| +10% | +$3.86M |
|
|
14
iQIYI
IQ
$1.24B
| $32.7M | 2.01% |
+2,201,100
| New | +$45.9M |
|
|
15
HSBC
HSBC
$352B
| $28.2M | 1.73% |
710,418
-984,640
| -58% | -$39.4M |
|
16
Autohome
ATHM
$2.65B
| $13.8M | 0.84% |
176,300
-38,600
| -18% | -$2.91M |
|
|
WUBA
17
DELISTED
58.com Inc
WUBA
| $12M | 0.74% |
+221,300
| New | +$13.5M |
|
|
SNP
18
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $11.6M | 0.71% |
165,000
-100,000
| -38% | -$8.35M |
|
|
LN
19
DELISTED
LINE Corporation
LN
| $9.78M | 0.6% |
286,700
+41,700
| +17% | +$1.38M |
|
|
JOBS
20
DELISTED
51job Inc
JOBS
| $8.47M | 0.52% |
135,600
+12,100
| +10% | +$774K |
|
|
SINA
21
DELISTED
Sina Corp
SINA
| $7.87M | 0.48% |
146,700
+25,800
| +21% | +$1.59M |
|
22
JD.com
JD
$43.9B
| $7.02M | 0.43% |
335,479
| – | – |
|
|
MOMO
23
Hello Group
MOMO
$855M
| $6.99M | 0.43% |
294,400
+15,700
| +6% | +$494K |
|
|
GHG
24
GreenTree Hospitality
GHG
$114M
| $6.82M | 0.42% |
525,177
| – | – |
|
|
JOYY
25
JOYY Inc
JOYY
$3.77B
| $6.33M | 0.39% |
105,800
+22,600
| +27% | +$1.47M |
|
Similar funds
LFC
FPM
DIGDR
PPC
BCM
DP
CW
NC
Matthews International Capital Management's Q4 2018 Portfolio in Review
As of Q4 2018, Matthews International Capital Management held 39 positions worth $1.63B, down 22% from $2.09B the previous quarter. Its ten largest holdings account for 83% of the portfolio.
Matthews International Capital Management withdrew a net $161M in Q4 2018, closing 5 positions and reducing 14 holdings. Its most notable exit was Altaba Inc, an estimated $6.91M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 34% of assets, up from 28% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Matthews International Capital Management opened a new position in iQIYI worth $32.7M.
- Matthews International Capital Management's largest Q4 2018 buy was iQIYI: 2,201,100 shares worth $32.7M.
- Matthews International Capital Management added most to Alibaba in Q4 2018, an estimated $38.8M increase.
- Matthews International Capital Management's biggest Q4 2018 reduction was Baidu, cutting an estimated $89.6M.
- Matthews International Capital Management fully exited Altaba Inc in Q4 2018, selling an estimated $6.91M.
- Matthews International Capital Management's ten largest holdings make up 83% of its $1.63B portfolio in Q4 2018.
- Matthews International Capital Management opened 4 new positions and closed 5 in Q4 2018.
- Matthews International Capital Management's portfolio value fell 22% quarter-over-quarter to $1.63B.
Based on Matthews International Capital Management's 13F filing for Q4 2018, filed 6 Feb 2019.