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Ocean Arete Portfolio holdings
AUM
$6.31M
1-Year Est. Return
30.17%
This Fund
S&P 500
This Quarter
Est. Return
-13.13%
1 Year Est. Return
+30.17%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$20.5M
AUM Growth
-$15.3M
(-43%)
Cap. Flow
-$14M
Cap. Flow
% of AUM
-68.42%
Top 10 Holdings %
Top 10 Hldgs %
100%
Holding
13
New
4
Increased
–
Reduced
1
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iQIYI
IQ
|
+$6.11M |
| 2 |
MOMO
Hello Group
MOMO
|
+$3.83M |
| 3 |
Bilibili
BILI
|
+$3.65M |
| 4 |
JOYY
JOYY Inc
JOYY
|
+$3.59M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$10.1M |
| 2 |
Trip.com Group
TCOM
|
+$6.14M |
| 3 |
JD.com
JD
|
+$6.12M |
| 4 |
BZUN
Baozun
BZUN
|
+$3.9M |
| 5 |
Pinduoduo
PDD
|
+$1.87M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 83.77% |
| 2 | Consumer Discretionary | 16.23% |
| 3 | Financials | 0% |
| 4 | Technology | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
iQIYI
IQ
$1.15B
| $6.11M | 29.78% |
+295,900
| New | +$6.11M |
|
|
MOMO
2
Hello Group
MOMO
$886M
| $4.13M | 20.12% |
+115,300
| New | +$3.83M |
|
|
3
Bilibili
BILI
$7.55B
| $3.67M | 17.91% |
+225,800
| New | +$3.65M |
|
|
4
Trip.com Group
TCOM
$26.7B
| $3.33M | 16.23% |
90,200
-155,717
| -63% | -$6.14M |
|
|
JOYY
5
JOYY Inc
JOYY
$3.53B
| $3.27M | 15.96% |
+47,000
| New | +$3.59M |
|
|
6
Alibaba
BABA
$276B
| – | – |
-55,487
| Closed | -$10.1M |
|
|
BZUN
7
Baozun
BZUN
$146M
| – | – |
-93,900
| Closed | -$3.9M |
|
8
GDS Holdings
GDS
$6.24B
| – | – |
-15,000
| Closed | -$535K |
|
|
9
JD.com
JD
$40B
| – | – |
-202,927
| Closed | -$6.12M |
|
|
LX
10
LexinFintech Holdings
LX
$254M
| – | – |
-67,557
| Closed | -$709K |
|
|
11
Pinduoduo
PDD
$120B
| – | – |
-75,444
| Closed | -$1.87M |
|
12
Vipshop
VIPS
$6.96B
| – | – |
-130,700
| Closed | -$1.05M |
|
|
YRD
13
Yiren Digital
YRD
$109M
| – | – |
-56,600
| Closed | -$767K |
|
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Ocean Arete's Q2 2019 Portfolio in Review
As of Q2 2019, Ocean Arete held 13 positions worth $20.5M, down 43% from $35.8M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Ocean Arete withdrew a net $14M in Q2 2019, closing 8 positions and reducing 1 holding. Its most notable exit was Alibaba, an estimated $10.1M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 84% of assets, followed by Consumer Discretionary and Financials.
Against the trend, Ocean Arete opened a new position in iQIYI worth $6.11M.
- Ocean Arete's largest Q2 2019 buy was iQIYI: 295,900 shares worth $6.11M.
- Ocean Arete's biggest Q2 2019 reduction was Trip.com Group, cutting an estimated $6.14M.
- Ocean Arete fully exited Alibaba in Q2 2019, selling an estimated $10.1M.
- Ocean Arete's ten largest holdings make up 100% of its $20.5M portfolio in Q2 2019.
- Ocean Arete opened 4 new positions and closed 8 in Q2 2019.
- Ocean Arete's portfolio value fell 43% quarter-over-quarter to $20.5M.
Based on Ocean Arete's 13F filing for Q2 2019, filed 18 Jul 2019.