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NSRI
New Silk Road Investment Portfolio holdings
AUM
$50.4M
1-Year Est. Return
32.31%
This Fund
S&P 500
This Quarter
Est. Return
+2.17%
1 Year Est. Return
+32.31%
3 Year Est. Return
-21.21%
5 Year Est. Return
+10.41%
10 Year Est. Return
–
AUM
$147M
AUM Growth
-$26M
(-15%)
Cap. Flow
-$28.9M
Cap. Flow
% of AUM
-19.72%
Top 10 Holdings %
Top 10 Hldgs %
100%
Holding
13
New
1
Increased
3
Reduced
3
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
MINISO
MNSO
|
+$16.2M |
| 2 |
TAL Education Group
TAL
|
+$6.84M |
| 3 |
Yum China
YUMC
|
+$4.52M |
| 4 |
GRCL
Gracell Biotechnologies Inc. American Depositary Shares
GRCL
|
+$1.18M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
New Oriental
EDU
|
+$21M |
| 2 |
Tencent Music
TME
|
+$19.4M |
| 3 |
MakeMyTrip
MMYT
|
+$7.93M |
| 4 |
Alibaba
BABA
|
+$5.87M |
| 5 |
Sea Limited
SE
|
+$2.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 55.79% |
| 2 | Communication Services | 15.15% |
| 3 | Financials | 14.06% |
| 4 | Consumer Staples | 11.89% |
| 5 | Technology | 2.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Sea Limited
SE
$68.1B
| $52.2M | 35.57% |
233,838
-10,579
| -4% | -$2.46M |
|
|
2
Tencent Music
TME
$15.7B
| $22.2M | 15.15% |
1,085,098
-765,538
| -41% | -$19.4M |
|
3
HDFC Bank
HDB
$122B
| $20.6M | 14.06% |
531,000
| – | – |
|
|
4
MINISO
MNSO
$3.73B
| $19.3M | 13.15% |
803,315
+576,276
| +254% | +$16.2M |
|
|
5
TAL Education Group
TAL
$6.75B
| $16.4M | 11.2% |
305,278
+93,500
| +44% | +$6.84M |
|
|
6
Yum China
YUMC
$16.4B
| $10.4M | 7.07% |
175,100
+75,681
| +76% | +$4.52M |
|
|
VNET
7
VNET Group
VNET
$2.01B
| $3.21M | 2.19% |
99,432
| – | – |
|
|
8
New Oriental
EDU
$8.95B
| $1.01M | 0.69% |
7,227
-120,068
| -94% | -$21M |
|
|
GRCL
9
DELISTED
Gracell Biotechnologies Inc. American Depositary Shares
GRCL
| $770K | 0.52% |
+50,000
| New | +$1.18M |
|
|
NBP
10
NovaBridge Biosciences American Depositary Shares
NBP
$195M
| $582K | 0.4% |
12,000
| – | – |
|
|
11
Alibaba
BABA
$303B
| – | – |
-25,200
| Closed | -$5.87M |
|
12
JD.com
JD
$43.9B
| – | – |
-11,900
| Closed | -$1.05M |
|
|
13
MakeMyTrip
MMYT
$5.63B
| – | – |
-268,471
| Closed | -$7.93M |
|
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VPI
VCM
SIM
GIA
MA
WRCAI
IVMX
MU
New Silk Road Investment's Q1 2021 Portfolio in Review
As of Q1 2021, New Silk Road Investment held 13 positions worth $147M, down 15% from $173M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
New Silk Road Investment withdrew a net $28.9M in Q1 2021, closing 3 positions and reducing 3 holdings. Its most notable exit was MakeMyTrip, an estimated $7.93M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 56% of assets, up from 44% a quarter earlier, followed by Communication Services and Financials.
Against the trend, New Silk Road Investment opened a new position in Gracell Biotechnologies Inc. American Depositary Shares worth $770K.
- New Silk Road Investment's largest Q1 2021 buy was Gracell Biotechnologies Inc. American Depositary Shares: 50,000 shares worth $770K.
- New Silk Road Investment added most to MINISO in Q1 2021, an estimated $16.2M increase.
- New Silk Road Investment's biggest Q1 2021 reduction was New Oriental, cutting an estimated $21M.
- New Silk Road Investment fully exited MakeMyTrip in Q1 2021, selling an estimated $7.93M.
- New Silk Road Investment's ten largest holdings make up 100% of its $147M portfolio in Q1 2021.
- New Silk Road Investment opened 1 new position and closed 3 in Q1 2021.
- New Silk Road Investment's portfolio value fell 15% quarter-over-quarter to $147M.
Based on New Silk Road Investment's 13F filing for Q1 2021, filed 13 May 2021.