We are live on ! Find out more
PAMI

Perseverance Asset Management International Portfolio holdings

AUM $909M
1-Year Est. Return 17.42%
This Fund
S&P 500
This Quarter Est. Return
+16.58%
1 Year Est. Return
+17.42%
3 Year Est. Return
+68.36%
5 Year Est. Return
+47.6%
10 Year Est. Return
–
AUM
$420M
AUM Growth
+$33.4M
Cap. Flow
-$20.8M
Cap. Flow %
-4.97%
Top 10 Hldgs %
92.58%
Holding
20
New
3
Increased
6
Reduced
6
Closed
2

Top Buys

Rank Stock Value
1
TME icon
Tencent Music
TME
+$27.3M
2
IQ icon
iQIYI
IQ
+$15.8M
3
HTHT icon
Huazhu Hotels Group
HTHT
+$6.7M
4
ZTO icon
ZTO Express
ZTO
+$6.03M
5
BZ icon
Kanzhun
BZ
+$4.39M

Top Sells

Rank Stock Value
1
PDD icon
Pinduoduo
PDD
+$56.6M
2
TAL icon
TAL Education Group
TAL
+$10.9M
3
MSFT icon
Microsoft
MSFT
+$7.12M
4
EDU icon
New Oriental
EDU
+$6.04M
5
NTES icon
NetEase
NTES
+$4.31M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 34.74%
2 Communication Services 29.62%
3 Industrials 15.09%
4 Consumer Staples 10.99%
5 Technology 8.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PDD icon
1
Pinduoduo
PDD
$126B
$95.1M 22.65%
649,756
-466,549
-42% -$56.6M
ZTO icon
2
ZTO Express
ZTO
$18.3B
$63.3M 15.09%
2,975,899
+265,447
+10% +$6.03M
IQ icon
3
iQIYI
IQ
$1.23B
$54.5M 12.99%
11,169,957
+3,340,770
+43% +$15.8M
MSFT icon
4
Microsoft
MSFT
$3.45T
$33.8M 8.06%
90,000
-20,000
-18% -$7.12M
TME icon
5
Tencent Music
TME
$15.5B
$31.7M 7.56%
+3,523,247
New +$27.3M
NTES icon
6
NetEase
NTES
$85.3B
$27.5M 6.55%
295,065
-40,553
-12% -$4.31M
HTHT icon
7
Huazhu Hotels Group
HTHT
$13.1B
$24.2M 5.76%
723,500
+187,479
+35% +$6.7M
RLX icon
8
RLX Technology
RLX
$2.47B
$23.9M 5.69%
11,938,870
-1,182,460
-9% -$2.2M
TAL icon
9
TAL Education Group
TAL
$6.93B
$20.5M 4.89%
1,623,831
-1,049,029
-39% -$10.9M
ATAT icon
10
Atour Lifestyle Holdings
ATAT
$4.67B
$14.1M 3.35%
809,545
– –
BZ icon
11
Kanzhun
BZ
$7.27B
$7.14M 1.7%
429,858
+279,444
+186% +$4.39M
BEKE icon
12
KE Holdings
BEKE
$18.7B
$6.29M 1.5%
387,978
+124,122
+47% +$1.92M
TCOM icon
13
Trip.com Group
TCOM
$29.6B
$4.87M 1.16%
135,176
+67,202
+99% +$2.29M
BABA icon
14
Alibaba
BABA
$293B
$4.54M 1.08%
58,542
– –
YUMC icon
15
Yum China
YUMC
$16.5B
$3.12M 0.74%
+73,569
New +$3.42M
GOOG icon
16
Alphabet (Google) Class C
GOOG
$4.36T
$2.11M 0.5%
+15,000
New +$2.04M
EDU icon
17
New Oriental
EDU
$9.37B
$1.73M 0.41%
23,592
-87,068
-79% -$6.04M
BIDU icon
18
Baidu
BIDU
$37.7B
$1.36M 0.32%
11,385
– –
TSM icon
19
TSMC
TSM
$2.1T
– –
-40,000
Closed -$3.48M
ZH
20
Zhihu
ZH
$281M
– –
-15,233
Closed -$95.1K

Similar funds

NAM
NTV Asset Management Charleston, West Virginia $910M AUM 27.02% 1-Year Est. Return
ICP
Ironvine Capital Partners Omaha, Nebraska $910M AUM 10.64% 1-Year Est. Return
BDP
Brehaut David Pascal $908M AUM
KCM
Kingdon Capital Management New York $911M AUM 51.11% 1-Year Est. Return
SDJVC
St. Denis J. Villere & Co New Orleans, Louisiana $907M AUM 10.61% 1-Year Est. Return
SDWMA
Schneider Downs Wealth Management Advisors Pittsburgh, Pennsylvania $907M AUM 19.33% 1-Year Est. Return
SWM
Stockman Wealth Management Billings, Montana $906M AUM 22.23% 1-Year Est. Return
GC
Greenvale Capital London, United Kingdom $912M AUM 34.2% 1-Year Est. Return

Perseverance Asset Management International's Q4 2023 Portfolio in Review

As of Q4 2023, Perseverance Asset Management International held 20 positions worth $420M, up 8.6% from $386M the previous quarter. Its ten largest holdings account for 93% of the portfolio.

Perseverance Asset Management International withdrew a net $20.8M in Q4 2023, closing 2 positions and reducing 6 holdings. Its most notable exit was TSMC, an estimated $3.48M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 35% of assets, down from 40% a quarter earlier, followed by Communication Services and Industrials.

Against the trend, Perseverance Asset Management International opened a new position in Tencent Music worth $31.7M.

  • Perseverance Asset Management International's largest Q4 2023 buy was Tencent Music: 3,523,247 shares worth $31.7M.
  • Perseverance Asset Management International added most to iQIYI in Q4 2023, an estimated $15.8M increase.
  • Perseverance Asset Management International's biggest Q4 2023 reduction was Pinduoduo, cutting an estimated $56.6M.
  • Perseverance Asset Management International fully exited TSMC in Q4 2023, selling an estimated $3.48M.
  • Perseverance Asset Management International's ten largest holdings make up 93% of its $420M portfolio in Q4 2023.
  • Perseverance Asset Management International opened 3 new positions and closed 2 in Q4 2023.
  • Perseverance Asset Management International's portfolio value rose 8.6% quarter-over-quarter to $420M.

Based on Perseverance Asset Management International's 13F filing for Q4 2023, filed 14 Feb 2024.