We are live on
!
Find out more
OA
Ocean Arete Portfolio holdings
AUM
$6.31M
1-Year Est. Return
30.17%
This Fund
S&P 500
This Quarter
Est. Return
-1.65%
1 Year Est. Return
+30.17%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$81.9M
AUM Growth
-$25.6M
(-24%)
Cap. Flow
-$24.2M
Cap. Flow
% of AUM
-29.49%
Top 10 Holdings %
Top 10 Hldgs %
98.92%
Holding
20
New
6
Increased
3
Reduced
3
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pinduoduo
PDD
|
+$19.2M |
| 2 |
RLX Technology
RLX
|
+$3.1M |
| 3 |
API
Agora
API
|
+$1.16M |
| 4 |
iQIYI
IQ
|
+$997K |
| 5 |
ZH
Zhihu
ZH
|
+$954K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$32.4M |
| 2 |
Alibaba
BABA
|
+$7.15M |
| 3 |
VNET
VNET Group
VNET
|
+$3.23M |
| 4 |
Baidu
BIDU
|
+$3.01M |
| 5 |
Tencent Music
TME
|
+$1.66M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 76.78% |
| 2 | Consumer Staples | 5.85% |
| 3 | Communication Services | 3.67% |
| 4 | Technology | 1.53% |
| 5 | Financials | 1.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Alibaba
BABA
$276B
| $35.5M | 43.27% |
156,358
-32,186
| -17% | -$7.15M |
|
|
2
Pinduoduo
PDD
$120B
| $18.8M | 22.92% |
+147,900
| New | +$19.2M |
|
3
iShares China Large-Cap ETF
FXI
$4.6B
| $9.07M | 11.07% |
195,756
-4,244
| -2% | -$196K |
|
4
Trip.com Group
TCOM
$26.7B
| $6.16M | 7.51% |
173,675
+7,082
| +4% | +$270K |
|
|
5
RLX Technology
RLX
$2.51B
| $4.8M | 5.85% |
549,424
+303,819
| +124% | +$3.1M |
|
|
ZH
6
Zhihu
ZH
$273M
| $1.97M | 2.4% |
24,167
+16,667
| +222% | +$954K |
|
7
Huazhu Hotels Group
HTHT
$12.8B
| $1.84M | 2.25% |
34,850
-21,685
| -38% | -$1.22M |
|
|
API
8
Agora
API
$331M
| $1.05M | 1.28% |
+25,000
| New | +$1.16M |
|
|
9
iQIYI
IQ
$1.15B
| $1.04M | 1.27% |
+67,000
| New | +$997K |
|
10
Futu Holdings
FUTU
$13.3B
| $895K | 1.09% |
+5,000
| New | +$727K |
|
|
BZUN
11
Baozun
BZUN
$146M
| $679K | 0.83% |
+19,133
| New | +$674K |
|
12
Full Truck Alliance
YMM
$9.48B
| $204K | 0.25% |
+10,000
| New | +$197K |
|
|
13
Baidu
BIDU
$36.5B
| – | – |
-13,831
| Closed | -$3.01M |
|
|
NIU
14
Niu Technologies
NIU
$206M
| – | – |
-24,000
| Closed | -$879K |
|
|
15
Tencent Music
TME
$14.9B
| – | – |
-81,165
| Closed | -$1.66M |
|
|
TUYA
16
Tuya Inc
TUYA
$1.07B
| – | – |
-30,000
| Closed | -$634K |
|
|
VNET
17
VNET Group
VNET
$2.1B
| – | – |
-100,000
| Closed | -$3.23M |
|
|
18
State Street Financial Select Sector SPDR ETF
XLF
$54.8B
| – | – |
-950,345
| Closed | -$32.4M |
|
|
YSG
19
Yatsen Holding
YSG
$335M
| – | – |
-3,000
| Closed | -$185K |
|
|
JOYY
20
JOYY Inc
JOYY
$3.53B
| – | – |
-10,000
| Closed | -$937K |
|
Similar funds
TSA
IAC
WCH
TA
PGEBT
MM
AC
PT
Ocean Arete's Q2 2021 Portfolio in Review
As of Q2 2021, Ocean Arete held 20 positions worth $81.9M, down 24% from $108M the previous quarter. Its ten largest holdings account for 99% of the portfolio.
Ocean Arete withdrew a net $24.2M in Q2 2021, closing 8 positions and reducing 3 holdings. Its most notable exit was State Street Financial Select Sector SPDR ETF, an estimated $32.4M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 77% of assets, up from 50% a quarter earlier, followed by Consumer Staples and Communication Services.
Against the trend, Ocean Arete opened a new position in Pinduoduo worth $18.8M.
- Ocean Arete's largest Q2 2021 buy was Pinduoduo: 147,900 shares worth $18.8M.
- Ocean Arete added most to RLX Technology in Q2 2021, an estimated $3.1M increase.
- Ocean Arete's biggest Q2 2021 reduction was Alibaba, cutting an estimated $7.15M.
- Ocean Arete fully exited State Street Financial Select Sector SPDR ETF in Q2 2021, selling an estimated $32.4M.
- Ocean Arete's ten largest holdings make up 99% of its $81.9M portfolio in Q2 2021.
- Ocean Arete opened 6 new positions and closed 8 in Q2 2021.
- Ocean Arete's portfolio value fell 24% quarter-over-quarter to $81.9M.
Based on Ocean Arete's 13F filing for Q2 2021, filed 17 Aug 2021.