We are live on
!
Find out more
NFT
Nan Fung Trinity Portfolio holdings
AUM
$1.01B
1-Year Est. Return
64.38%
This Fund
S&P 500
This Quarter
Est. Return
+10.57%
1 Year Est. Return
+64.38%
3 Year Est. Return
+82.31%
5 Year Est. Return
+69.52%
10 Year Est. Return
–
AUM
$836M
AUM Growth
+$205M
(+33%)
Cap. Flow
+$142M
Cap. Flow
% of AUM
17.03%
Top 10 Holdings %
Top 10 Hldgs %
39.72%
Holding
67
New
28
Increased
15
Reduced
6
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$22.9M |
| 2 |
Accenture
ACN
|
+$17.4M |
| 3 |
Intel
INTC
|
+$13.6M |
| 4 |
VRNA
Verona Pharma
VRNA
|
+$12.3M |
| 5 |
JOYY
JOYY Inc
JOYY
|
+$12.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
|
+$24.6M |
| 2 |
iShares MSCI Mexico ETF
EWW
|
+$14.9M |
| 3 |
Verizon
VZ
|
+$11.4M |
| 4 |
Zillow
Z
|
+$10.5M |
| 5 |
AT&T
T
|
+$8.72M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 26.84% |
| 2 | Technology | 17.61% |
| 3 | Communication Services | 11.85% |
| 4 | Healthcare | 11.7% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Wayfair
W
$14B
| $15.5M | 1.85% |
302,500
+44,800
| +17% | +$1.67M |
|
27
Kanzhun
BZ
$6.51B
| $14.5M | 1.74% |
814,000
-241,900
| -23% | -$4.06M |
|
|
JOYY
28
JOYY Inc
JOYY
$3.86B
| $14.1M | 1.69% |
+277,700
| New | +$12.3M |
|
29
Dell
DELL
$374B
| $14M | 1.67% |
114,085
-42,200
| -27% | -$4.31M |
|
30
Pinduoduo
PDD
$111B
| $11.3M | 1.35% |
+108,100
| New | +$11.3M |
|
31
iShares MSCI Thailand ETF
THD
$337M
| $11.2M | 1.34% |
+221,400
| New | +$11.7M |
|
32
Zai Lab
ZLAB
$2.9B
| $9.44M | 1.13% |
+269,975
| New | +$8.88M |
|
|
SLNO
33
DELISTED
Soleno Therapeutics
SLNO
| $8.63M | 1.03% |
+102,950
| New | +$7.71M |
|
34
SL Green Realty
SLG
$3.71B
| $8.59M | 1.03% |
138,700
+100,600
| +264% | +$5.76M |
|
35
Acadia Realty Trust
AKR
$2.65B
| $8.51M | 1.02% |
458,100
+162,900
| +55% | +$3.16M |
|
36
Vornado Realty Trust
VNO
$6.5B
| $8.07M | 0.97% |
211,000
+122,900
| +140% | +$4.6M |
|
|
MRUS
37
DELISTED
Merus
MRUS
| $7.91M | 0.95% |
+150,338
| New | +$7.07M |
|
38
Mirum Pharmaceuticals
MIRM
$6.42B
| $7.47M | 0.89% |
+146,765
| New | +$6.53M |
|
39
Protagonist Therapeutics
PTGX
$9.3B
| $7.46M | 0.89% |
+135,050
| New | +$6.48M |
|
40
iQIYI
IQ
$1.06B
| $6.51M | 0.78% |
3,676,950
| – | – |
|
41
Empire State Realty Trust
ESRT
$720M
| $6.48M | 0.78% |
+801,300
| New | +$6.13M |
|
42
Target
TGT
$72.6B
| $6.31M | 0.76% |
64,000
+21,500
| +51% | +$2.06M |
|
43
Federal Realty Investment Trust
FRT
$9.71B
| $6.08M | 0.73% |
64,000
| – | – |
|
|
AKRO
44
DELISTED
Akero Therapeutics
AKRO
| $5.9M | 0.71% |
+110,650
| New | +$5.03M |
|
45
America Movil
AMX
$68.9B
| $5.69M | 0.68% |
+317,100
| New | +$5.27M |
|
46
Immunome
IMNM
$2.72B
| $5.1M | 0.61% |
+548,850
| New | +$4.5M |
|
47
Xenon Pharmaceuticals
XENE
$5.55B
| $4.96M | 0.59% |
+158,605
| New | +$5.17M |
|
48
Replimune Group
REPL
$1.21B
| $4.32M | 0.52% |
+465,527
| New | +$4.06M |
|
|
TRML
49
DELISTED
Tourmaline Bio
TRML
| $3.63M | 0.43% |
+227,090
| New | +$3.68M |
|
50
Vaxcyte
PCVX
$8.98B
| $3.39M | 0.41% |
+104,250
| New | +$3.42M |
|
Similar funds
HP
DPC
LC
AL4A
AH
CMF
QFA
DPW
Nan Fung Trinity's Q2 2025 Portfolio in Review
As of Q2 2025, Nan Fung Trinity held 67 positions worth $836M, up 33% from $631M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Nan Fung Trinity deployed $142M of net new capital in Q2 2025, opening 28 new positions and adding to 15 existing holdings. Its largest new stake was iShares MSCI Brazil ETF: 847,100 shares worth $24.4M.
By sector, the portfolio is most concentrated in Miscellaneous at 27% of assets, down from 33% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was iShares MSCI Mexico ETF, an estimated $14.9M trimmed.
- Nan Fung Trinity's largest Q2 2025 buy was iShares MSCI Brazil ETF: 847,100 shares worth $24.4M.
- Nan Fung Trinity added most to Intel in Q2 2025, an estimated $13.6M increase.
- Nan Fung Trinity's biggest Q2 2025 reduction was iShares MSCI Mexico ETF, cutting an estimated $14.9M.
- Nan Fung Trinity fully exited VanEck JP Morgan EM Local Currency Bond ETF in Q2 2025, selling an estimated $24.6M.
- Nan Fung Trinity's ten largest holdings make up 40% of its $836M portfolio in Q2 2025.
- Nan Fung Trinity opened 28 new positions and closed 8 in Q2 2025.
- Nan Fung Trinity's portfolio value rose 33% quarter-over-quarter to $836M.
Based on Nan Fung Trinity's 13F filing for Q2 2025, filed 8 Aug 2025.