Hsg Ltd 13F annual report
Hsg Ltd is an investment fund managing more than $2.71 trillion ran by Neil Shen. There are currently 17 companies in Mr. Shen’s portfolio. The largest investments include PDD Inc and Kanzhun Limited, together worth $2.32 trillion.
$2.71 trillion Assets Under Management (AUM)
As of 6th August 2024, Hsg Ltd’s top holding is 16,295,432 shares of PDD Inc currently worth over $2.13 trillion and making up 78.6% of the portfolio value.
Relative to the number of outstanding shares of PDD Inc, Hsg Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 13,367,284 shares of Kanzhun Limited worth $183 billion.
The third-largest holding is Full Truck Alliance Co worth $173 billion and the next is Futu Hldgs Ltd worth $64.8 billion, with 1,057,644 shares owned.
Currently, Hsg Ltd's portfolio is worth at least $2.71 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Hsg Ltd
The Hsg Ltd office and employees reside in Na, Hong Kong. According to the last 13-F report filed with the SEC, Neil Shen serves as the Director at Hsg Ltd.
Recent trades
In the most recent 13F filing, Hsg Ltd revealed that it had opened a new position in
Arrivent Biopharma Inc and bought 663,308 shares worth $14.8 billion.
The investment fund also strengthened its position in PDD Inc by buying
14,702,922 additional shares.
This makes their stake in PDD Inc total 16,295,432 shares worth $2.13 trillion.
PDD Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Hsg Ltd is getting rid of from its portfolio.
Hsg Ltd closed its position in Roivant Sciences Ltd on 13th August 2024.
It sold the previously owned 1,345,839 shares for $14.1 billion.
Neil Shen also disclosed a decreased stake in Full Truck Alliance Co by 0.2%.
This leaves the value of the investment at $173 billion and 21,873,414 shares.
One of the largest hedge funds
The two most similar investment funds to Hsg Ltd are Perfromance Wealth Partners and Locust Wood Capital Advisers. They manage $2.71 trillion and $2.71 trillion respectively.
Neil Shen investment strategy
Hsg Ltd’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 78.6% of
the total portfolio value.
The fund focuses on investments in the China as
17.6% of the portfolio companies
are based in the China.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
12% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $47.2 billion.
The complete list of Hsg Ltd trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| PDD Holdings Inc |
923.25%
16,295,432
|
$2,131,832,551,000 | 78.64% |
| Kanzhun Limited |
No change
13,367,284
|
$183,265,464,000 | 6.76% |
| Full Truck Alliance Co. Ltd. |
20.98%
21,873,414
|
$173,018,713,000 | 6.38% |
| Futu Hldgs Ltd |
No change
1,057,644
|
$64,770,118,000 | 2.39% |
| KE Holdings Inc. |
25.00%
3,635,656
|
$50,135,696,000 | 1.85% |
| Noah Hldgs Ltd |
No change
3,300,000
|
$26,235,000,000 | 0.97% |
| Dingdong Cayman Ltd |
No change
11,141,166
|
$20,722,569,000 | 0.76% |
| Arrivent Biopharma Inc |
Opened
663,308
|
$14,844,833,000 | 0.55% |
| Roivant Sciences Ltd |
Closed
1,345,839
|
$14,064,018,000 | |
| 51talk Online Education Grou |
No change
667,223
|
$11,376,152,000 | 0.42% |
| Structure Therapeutics Inc |
75.02%
266,062
|
$10,283,297,000 | 0.38% |
| Th International Limited |
No change
14,503,032
|
$10,007,092,000 | 0.37% |
| Lyell Immunopharma Inc |
No change
3,045,997
|
$4,995,435,000 | 0.18% |
| Adagene Inc |
No change
1,343,364
|
$3,465,879,000 | 0.13% |
| Tuniu Corp |
Closed
4,514,350
|
$2,934,328,000 | |
| Bitdeer Technologies Group |
No change
293,732
|
$2,899,135,000 | 0.11% |
| Barinthus Biotherapeutics Pl |
No change
1,420,473
|
$1,946,048,000 | 0.07% |
| Bit Mining Limited |
No change
350,427
|
$984,700,000 | 0.04% |
| Jianpu Technology Inc |
Closed
624,998
|
$387,498,000 | |
| Burning Rock Biotech Ltd |
90.00%
21,212
|
$135,333,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||
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