Latest Perseverance Asset Management International Stock Portfolio
$553Million
Equity Portfolio Value
Last Reported on: 14 May, 2024
About Perseverance Asset Management International and it’s 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Perseverance Asset Management International reported an equity portfolio of $553.8 Millions as of 31 Mar, 2024.
The top stock holdings of Perseverance Asset Management International are PDD, ZTO, HTHT. The fund has invested 23.9% of it's portfolio in PDD HOLDINGS INC and 12.2% of portfolio in ZTO EXPRESS CAYMAN INC.
They significantly reduced their stock positions in TAL EDUCATION GROUP (TAL), MICROSOFT CORP (MSFT) and KANZHUN LIMITED (BZ). Perseverance Asset Management International opened new stock positions in TESLA INC (TSLA), AMER SPORTS INC and META PLATFORMS INC (META). The fund showed a lot of confidence in some stocks as they added substantially to YUM CHINA HLDGS INC (YUMC), KE HLDGS INC (BEKE) and ALPHABET INC (GOOG).
The top stock holdings of Perseverance Asset Management International are PDD, ZTO, HTHT. The fund has invested 23.9% of it's portfolio in PDD HOLDINGS INC and 12.2% of portfolio in ZTO EXPRESS CAYMAN INC.
They significantly reduced their stock positions in TAL EDUCATION GROUP (TAL), MICROSOFT CORP (MSFT) and KANZHUN LIMITED (BZ). Perseverance Asset Management International opened new stock positions in TESLA INC (TSLA), AMER SPORTS INC and META PLATFORMS INC (META). The fund showed a lot of confidence in some stocks as they added substantially to YUM CHINA HLDGS INC (YUMC), KE HLDGS INC (BEKE) and ALPHABET INC (GOOG).
New Buys
| Ticker | $ Bought |
|---|---|
| TESLA INC | 8,789,500 |
| AMER SPORTS INC | 4,752,040 |
| META PLATFORMS INC | 2,427,900 |
New stocks bought by Perseverance Asset Management International
Additions
| Ticker | % Inc. |
|---|---|
| YUM CHINA HLDGS INC | 843 |
| KE HLDGS INC | 206 |
| ALPHABET INC | 200 |
| H WORLD GROUP LTD | 116 |
| TRIP COM GROUP LTD | 96.5 |
| PDD HOLDINGS INC | 75.14 |
| NETEASE INC | 21.4 |
| RLX TECHNOLOGY INC | 18.1 |
Additions to existing portfolio by Perseverance Asset Management International
Reductions
| Ticker | % Reduced |
|---|---|
| TAL EDUCATION GROUP | -61.75 |
| MICROSOFT CORP | -27.78 |
| KANZHUN LIMITED | -24.34 |
| NEW ORIENTAL ED & TECHNOLOGY | -16.91 |
| TENCENT MUSIC ENTMT GROUP | -0.96 |
Perseverance Asset Management International reduced stake in above stock
Sold off
Current Stock Holdings of Perseverance Asset Management International
Last Reported on: 14 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| ATAT | ATOUR LIFESTYLE HLDGS LTD | 2.62 | 809,545 | 14,523,200 | UNCHANGED | 0.00 | |
| BABA | ALIBABA GROUP HLDG LTD | 0.76 | 58,542 | 4,236,100 | UNCHANGED | 0.00 | |
| BEKE | KE HLDGS INC | 2.95 | 1,190,320 | 16,343,100 | ADDED | 206 | |
| BIDU | BAIDU INC | 0.22 | 11,385 | 1,198,610 | UNCHANGED | 0.00 | |
| BZ | KANZHUN LIMITED | 1.03 | 325,223 | 5,701,160 | REDUCED | -24.34 | |
| EDU | NEW ORIENTAL ED & TECHNOLOGY | 0.31 | 19,602 | 1,701,850 | REDUCED | -16.91 | |
| GOOG | ALPHABET INC | 1.24 | 45,000 | 6,851,700 | ADDED | 200 | |
| HTHT | H WORLD GROUP LTD | 10.93 | 1,564,540 | 60,547,800 | ADDED | 116 | |
| IQ | IQIYI INC | 9.01 | 11,789,400 | 49,869,000 | ADDED | 5.55 | |
| META | META PLATFORMS INC | 0.44 | 5,000 | 2,427,900 | NEW | ||
| MSFT | MICROSOFT CORP | 4.94 | 65,000 | 27,346,800 | REDUCED | -27.78 | |
| NTES | NETEASE INC | 6.69 | 358,219 | 37,064,900 | ADDED | 21.4 | |
| PDD | PDD HOLDINGS INC | 23.89 | 1,137,950 | 132,287,000 | ADDED | 75.14 | |
| RLX | RLX TECHNOLOGY INC | 4.89 | 14,099,800 | 27,071,600 | ADDED | 18.1 | |
| TAL | TAL EDUCATION GROUP | 1.27 | 621,038 | 7,048,780 | REDUCED | -61.75 | |
| TCOM | TRIP COM GROUP LTD | 2.10 | 265,619 | 11,658,000 | ADDED | 96.5 | |
| TME | TENCENT MUSIC ENTMT GROUP | 7.05 | 3,489,380 | 39,046,200 | REDUCED | -0.96 | |
| TSLA | TESLA INC | 1.59 | 50,000 | 8,789,500 | NEW | ||
| YUMC | YUM CHINA HLDGS INC | 4.98 | 693,819 | 27,607,100 | ADDED | 843 | |
| ZTO | ZTO EXPRESS CAYMAN INC | 12.23 | 3,235,410 | 67,749,600 | ADDED | 8.72 | |
| AMER SPORTS INC | 0.86 | 291,536 | 4,752,040 | NEW |