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New Silk Road Investment Portfolio holdings

AUM $50.4M
1-Year Est. Return 32.31%
This Fund
S&P 500
This Quarter Est. Return
+18.23%
1 Year Est. Return
+32.31%
3 Year Est. Return
-21.21%
5 Year Est. Return
+10.41%
10 Year Est. Return
–
AUM
$66.8M
AUM Growth
-$8.46M
Cap. Flow
-$18.9M
Cap. Flow %
-28.27%
Top 10 Hldgs %
91.85%
Holding
17
New
–
Increased
5
Reduced
5
Closed
3

Top Buys

Rank Stock Value
1
ZTO icon
ZTO Express
ZTO
+$3.34M
2
HTHT icon
Huazhu Hotels Group
HTHT
+$1.28M
3
TCOM icon
Trip.com Group
TCOM
+$1.2M
4
WB icon
Weibo
WB
+$454K
5
MNSO icon
MINISO
MNSO
+$453K

Top Sells

Rank Stock Value
1
TDCX
TDCX Inc. American Depositary Shares, each representing one Class A ordinary share
TDCX
+$6.9M
2
TSM icon
TSMC
TSM
+$5.96M
3
DQ
Daqo New Energy
DQ
+$3.54M
4
TME icon
Tencent Music
TME
+$3.15M
5
BZUN
Baozun
BZUN
+$3.06M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 67.11%
2 Financials 10.41%
3 Communication Services 9.4%
4 Technology 6.63%
5 Industrials 6.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SE icon
1
Sea Limited
SE
$68.4B
$11.9M 17.79%
228,310
-700
-0.3% -$37.7K
YUMC icon
2
Yum China
YUMC
$16.5B
$10.4M 15.55%
190,041
-5,600
-3% -$285K
TCOM icon
3
Trip.com Group
TCOM
$28.9B
$7.26M 10.88%
211,170
+41,900
+25% +$1.2M
HDB icon
4
HDFC Bank
HDB
$122B
$6.95M 10.41%
203,200
-82,600
-29% -$2.68M
HTHT icon
5
Huazhu Hotels Group
HTHT
$13.1B
$6.75M 10.11%
159,132
+35,508
+29% +$1.28M
MNSO icon
6
MINISO
MNSO
$3.72B
$4.58M 6.86%
426,947
+54,147
+15% +$453K
ZTO icon
7
ZTO Express
ZTO
$18.2B
$4.31M 6.45%
160,431
+145,164
+951% +$3.34M
BIDU icon
8
Baidu
BIDU
$37.1B
$3.49M 5.23%
30,538
– –
TSM icon
9
TSMC
TSM
$2.19T
$3.2M 4.78%
42,900
-82,400
-66% -$5.96M
PDD icon
10
Pinduoduo
PDD
$128B
$2.54M 3.8%
31,088
– –
WB icon
11
Weibo
WB
$1.94B
$1.87M 2.8%
97,900
+30,100
+44% +$454K
BABA icon
12
Alibaba
BABA
$304B
$1.43M 2.14%
16,200
– –
TDCX
13
DELISTED
TDCX Inc. American Depositary Shares, each representing one Class A ordinary share
TDCX
$1.23M 1.84%
99,401
-577,777
-85% -$6.9M
NTES icon
14
NetEase
NTES
$82.7B
$914K 1.37%
12,579
– –
BZUN
15
Baozun
BZUN
$170M
– –
-487,074
Closed -$3.06M
DQ
16
Daqo New Energy
DQ
$906M
– –
-66,600
Closed -$3.54M
TME icon
17
Tencent Music
TME
$15.6B
– –
-775,721
Closed -$3.15M

Similar funds

VPI
VELT Partners Investimentos Sao Paolo, Brazil $51.1M AUM 55.37% 1-Year Est. Return
VCM
Venator Capital Management Toronto, Ontario, Canada $48.7M AUM 87.97% 1-Year Est. Return
SIM
Strategic Income Management Seattle, Washington $52.1M AUM 18.16% 1-Year Est. Return
GIA
G2VP I Associates Portola Valley, California $48.2M AUM 37.59% 1-Year Est. Return
MA
Mangham Associates Charlottesville, Virginia $53.9M AUM 13.02% 1-Year Est. Return
WRCAI
West Rim Capital Associates II Lehi, Utah $46.8M AUM 11.72% 1-Year Est. Return
IVMX
Institutional Venture Management XIII Menlo Park, California $54.2M AUM 12.62% 1-Year Est. Return
MU
Moneda USA New York $54.5M AUM 18.86% 1-Year Est. Return

New Silk Road Investment's Q4 2022 Portfolio in Review

As of Q4 2022, New Silk Road Investment held 17 positions worth $66.8M, down 11% from $75.2M the previous quarter. Its ten largest holdings account for 92% of the portfolio.

New Silk Road Investment withdrew a net $18.9M in Q4 2022, closing 3 positions and reducing 5 holdings. Its most notable exit was Daqo New Energy, an estimated $3.54M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 67% of assets, up from 52% a quarter earlier, followed by Financials and Communication Services.

Against the trend, New Silk Road Investment added an estimated $3.34M to ZTO Express.

  • New Silk Road Investment added most to ZTO Express in Q4 2022, an estimated $3.34M increase.
  • New Silk Road Investment's biggest Q4 2022 reduction was TDCX Inc. American Depositary Shares, each representing one Class A ordinary share, cutting an estimated $6.9M.
  • New Silk Road Investment fully exited Daqo New Energy in Q4 2022, selling an estimated $3.54M.
  • New Silk Road Investment's ten largest holdings make up 92% of its $66.8M portfolio in Q4 2022.
  • New Silk Road Investment opened 0 new positions and closed 3 in Q4 2022.
  • New Silk Road Investment's portfolio value fell 11% quarter-over-quarter to $66.8M.

Based on New Silk Road Investment's 13F filing for Q4 2022, filed 7 Feb 2023.