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SD

Sumway Development Portfolio holdings

AUM $427M
1-Year Est. Return 43.82%
This Fund
S&P 500
This Quarter Est. Return
+13.2%
1 Year Est. Return
+43.82%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$427M
AUM Growth
+$19.2M
Cap. Flow
-$24.9M
Cap. Flow %
-5.82%
Top 10 Hldgs %
99.89%
Holding
14
New
1
Increased
4
Reduced
–
Closed
2

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$1.59M
2
TSLA icon
Tesla
TSLA
+$1.56M
3
AMZN icon
Amazon
AMZN
+$1.47M
4
JKS
JinkoSolar
JKS
+$798K
5
MOMO
Hello Group
MOMO
+$466K

Top Sells

Rank Stock Value
1
TCOM icon
Trip.com Group
TCOM
+$15.6M
2
JD icon
JD.com
JD
+$15.2M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 59.84%
2 Communication Services 32.37%
3 Healthcare 5.1%
4 Consumer Staples 1.58%
5 Technology 1.08%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BABA icon
1
Alibaba
BABA
$293B
$123M 28.79%
711,450
– –
META icon
2
Meta Platforms (Facebook)
META
$1.42T
$120M 28.07%
701,148
+9,500
+1% +$1.59M
AMZN icon
3
Amazon
AMZN
$2.92T
$112M 26.17%
2,323,820
+30,000
+1% +$1.47M
TSLA icon
4
Tesla
TSLA
$1.23T
$20.9M 4.89%
917,955
+67,500
+8% +$1.56M
WB icon
5
Weibo
WB
$2B
$17.6M 4.12%
177,695
– –
ISRG icon
6
Intuitive Surgical
ISRG
$127B
$13.9M 3.25%
119,205
– –
REGN icon
7
Regeneron Pharmaceuticals
REGN
$78.5B
$7.91M 1.85%
17,689
– –
TAL icon
8
TAL Education Group
TAL
$6.93B
$6.73M 1.58%
199,530
– –
JKS
9
JinkoSolar
JKS
$793M
$4.62M 1.08%
185,167
+30,642
+20% +$798K
IRDM icon
10
Iridium Communications
IRDM
$5.02B
$427K 0.1%
41,456
– –
MOMO
11
Hello Group
MOMO
$885M
$367K 0.09%
+11,720
New +$466K
NOAH
12
Noah Holdings
NOAH
$580M
$121K 0.03%
3,769
– –
JD icon
13
JD.com
JD
$44.6B
– –
-386,661
Closed -$15.2M
TCOM icon
14
Trip.com Group
TCOM
$29.6B
– –
-289,002
Closed -$15.6M

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JWM
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MCL
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NBC
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GIIO
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JPCCM
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FC
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Sumway Development's Q3 2017 Portfolio in Review

As of Q3 2017, Sumway Development held 14 positions worth $427M, up 4.7% from $408M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Sumway Development withdrew a net $24.9M in Q3 2017, closing 2 positions. Its most notable exit was Trip.com Group, an estimated $15.6M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 60% of assets, down from 64% a quarter earlier, followed by Communication Services and Healthcare.

Against the trend, Sumway Development opened a new position in Hello Group worth $367K.

  • Sumway Development's largest Q3 2017 buy was Hello Group: 11,720 shares worth $367K.
  • Sumway Development added most to Meta Platforms (Facebook) in Q3 2017, an estimated $1.59M increase.
  • Sumway Development fully exited Trip.com Group in Q3 2017, selling an estimated $15.6M.
  • Sumway Development's ten largest holdings make up 100% of its $427M portfolio in Q3 2017.
  • Sumway Development opened 1 new position and closed 2 in Q3 2017.
  • Sumway Development's portfolio value rose 4.7% quarter-over-quarter to $427M.

Based on Sumway Development's 13F filing for Q3 2017, filed 13 Nov 2017.