Ocean Arete Ltd is an investment fund managing more than $6.31 billion ran by Zemin Li. There is currently 1 company in Li’s portfolio. The largest and only investment include Trip.com Ltd worth $6.31 billion.
As of 9th October 2023, Ocean Arete Ltd’s top holding is 180,300 shares of Trip.com Ltd currently worth over $6.31 billion and making up 100.0% of the portfolio value.
Relative to the number of outstanding shares of Trip.com Ltd, Ocean Arete Ltd owns more than approximately 0.1% of the company.
Currently, Ocean Arete Ltd's portfolio is worth at least $6.31 billion. 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.
The Ocean Arete Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Zemin Li serves as the CIO and Director at Ocean Arete Ltd.
There are companies that Ocean Arete Ltd is getting rid of from its portfolio.
Ocean Arete Ltd closed its position in H World Group Ltd on 16th October 2023.
It sold the previously owned 413,600 shares for $20.3 billion.
Zemin Li also disclosed a decreased stake in Trip.com Ltd by 0.6%.
This leaves the value of the investment at $6.31 billion and 180,300 shares.
The two most similar investment funds to Ocean Arete Ltd are Park Avenue Securities and Sender Co & Partners. They manage $6.32 billion and $6.29 billion respectively.
Ocean Arete Ltd’s portfolio is diversified across 1 sector.
Currently, their heaviest sector is Consumer Discretionary — making up 100.0% of
the total portfolio value.
The fund focuses on investments in the China as
100.0% 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
100% 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 $21.4 billion.
These positions were updated on October 16th 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 |
|---|---|---|---|
| H World Group Ltd |
Closed
413,600
|
$20,258,128,000 | |
| Zto Express Cayman Inc |
Closed
252,100
|
$7,225,186,000 | |
| Trip.com Group Ltd |
61.79%
180,300
|
$6,305,091,000 | 100.00% |
| New Oriental Ed & Technology |
Closed
122,600
|
$4,733,586,000 | |
| Yum China Holdings Inc |
Closed
55,500
|
$3,518,145,000 | |
| PDD Holdings Inc |
Closed
11,000
|
$834,900,000 | |
| iQIYI Inc |
Closed
50,000
|
$364,000,000 | |
| No transactions found | |||
| Showing first 500 out of 7 holdings | |||