Greenwoods Asset Management Ltd is an investment fund managing more than $4.35 billion ran by Xiaosong Zeng. There are currently 39 companies in Zeng’s portfolio. The largest investments include Pinduoduo Inc and Sea Ltd, together worth $1.56 billion.
As of 5th February 2021, Greenwoods Asset Management Ltd’s top holding is 6,403,552 shares of Pinduoduo Inc currently worth over $1.14 billion and making up 26.1% of the portfolio value.
Relative to the number of outstanding shares of Pinduoduo Inc, Greenwoods Asset Management Ltd owns less than approximately 0.1% of the company.
In addition, the fund holds 2,129,532 shares of Sea Ltd worth $424 million, whose value grew 116.4% in the past six months.
The third-largest holding is Facebook Inc worth $415 million and the next is Zto Express Cayman Inc worth $396 million, with 13,588,116 shares owned.
Currently, Greenwoods Asset Management Ltd's portfolio is worth at least $4.35 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 Greenwoods Asset Management Ltd office and employees reside in Grand Cayman, Cayman Islands. According to the last 13-F report filed with the SEC, Xiaosong Zeng serves as the Authorized Signatory at Greenwoods Asset Management Ltd.
In the most recent 13F filing, Greenwoods Asset Management Ltd revealed that it had opened a new position in
Tsmc and bought 2,615,770 shares worth $285 million.
The investment fund also strengthened its position in Pinduoduo Inc by buying
266,156 additional shares.
This makes their stake in Pinduoduo Inc total 6,403,552 shares worth $1.14 billion.
Pinduoduo Inc soared 442.8% in the past year.
On the other hand, there are companies that Greenwoods Asset Management Ltd is getting rid of from its portfolio.
Greenwoods Asset Management Ltd closed its position in New Oriental Education Techn on 12th February 2021.
It sold the previously owned 1,295,229 shares for $169 million.
Xiaosong Zeng also disclosed a decreased stake in Facebook Inc by 0.2%.
This leaves the value of the investment at $415 million and 1,520,670 shares.
The two most similar investment funds to Greenwoods Asset Management Ltd are Bridgeway Capital Management Inc and Van Berkom & Associates. They manage $4.36 billion and $4.36 billion respectively.
Greenwoods Asset Management Ltd’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 47.3% of
the total portfolio value.
The fund focuses on investments in the China as
35.9% 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
62% 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 $355 billion.
These positions were updated on February 12th 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 |
|---|---|---|---|
| Pinduoduo Inc |
4.34%
6,403,552
|
$1,137,719,000 | 26.13% |
| Sea Ltd |
33.70%
2,129,532
|
$423,883,000 | 9.74% |
| Facebook Inc |
17.52%
1,520,670
|
$415,386,000 | 9.54% |
| Zto Express Cayman Inc |
31.74%
13,588,116
|
$396,229,000 | 9.10% |
| Tsmc |
Opened
2,615,770
|
$285,224,000 | 6.55% |
| TAL Education Group |
30.14%
3,312,033
|
$236,843,000 | 5.44% |
| Apple Inc |
Opened
1,759,205
|
$233,429,000 | 5.36% |
| NetEase Inc |
615.05%
1,951,320
|
$186,878,000 | 4.29% |
| New Oriental Education Techn |
Closed
1,295,229
|
$168,678,000 | |
| Vipshop Holdings Ltd |
25.98%
5,862,984
|
$164,808,000 | 3.79% |
| Bilibili Inc |
14.85%
1,812,258
|
$155,347,000 | 3.57% |
| Tesla Inc |
342.45%
183,980
|
$129,829,000 | 2.98% |
| Microsoft Corporation |
5.62%
532,051
|
$118,339,000 | 2.72% |
| Alibaba Group Holding Ltd |
87.53%
380,421
|
$88,535,000 | 2.03% |
| Baidu Inc |
440.65%
338,582
|
$73,215,000 | 1.68% |
| KE Holdings Inc. |
Opened
872,655
|
$53,703,000 | 1.23% |
| JD.com Inc |
92.18%
465,537
|
$40,921,000 | 0.94% |
| So-Young International Inc. |
8,995.02%
3,597,080
|
$39,964,000 | 0.92% |
| Alphabet Inc |
1.39%
20,860
|
$36,560,000 | 0.84% |
| Albemarle Corp. |
Opened
198,750
|
$29,320,000 | 0.67% |
| Amazon.com Inc. |
1,785.74%
8,863
|
$28,866,000 | 0.66% |
| Iqiyi Inc-adr |
Closed
825,390
|
$19,141,000 | |
| Youdao, Inc. |
51.12%
501,969
|
$13,317,000 | 0.31% |
| Shopify Inc |
Opened
9,263
|
$10,485,000 | 0.24% |
| Uber Technologies Inc |
18.47%
155,072
|
$7,909,000 | 0.18% |
| Qudian Inc |
No change
5,472,601
|
$7,552,000 | 0.17% |
| Athenex Inc |
Closed
498,510
|
$6,859,000 | |
| Zai Lab Ltd |
52.77%
37,015
|
$5,010,000 | 0.12% |
| ServiceNow Inc |
4.54%
8,421
|
$4,635,000 | 0.11% |
| Jinkosolar Holding Co-adr |
Opened
66,650
|
$4,124,000 | 0.09% |
| Puxin Limited |
Closed
764,000
|
$3,942,000 | |
| NVIDIA Corp |
28.61%
7,282
|
$3,803,000 | 0.09% |
| Square Inc - A |
Opened
17,300
|
$3,765,000 | 0.09% |
| 111, Inc. |
No change
501,852
|
$3,488,000 | 0.08% |
| Burning Rock Biotech Ltd |
Closed
124,510
|
$3,363,000 | |
| Hutchison China Meditech Ltd. |
82.49%
100,169
|
$3,207,000 | 0.07% |
| Trip.com Group Ltd-adr |
Closed
119,800
|
$3,105,000 | |
| Onesmart International Educati |
Closed
731,483
|
$2,875,000 | |
| ACM Research Inc |
Closed
44,088
|
$2,749,000 | |
| Daqo New Energy Corp-adr |
22.18%
39,690
|
$2,277,000 | 0.05% |
| Ballard Power Systems Inc. |
Opened
96,100
|
$2,249,000 | 0.05% |
| Alteryx Inc |
Opened
18,000
|
$2,192,000 | 0.05% |
| 21vianet Group Inc-adr |
Opened
57,913
|
$2,009,000 | 0.05% |
| Airbnb, Inc. |
Opened
10,300
|
$1,512,000 | 0.03% |
| Zoom Video Communications Inc |
Closed
5,354
|
$1,357,000 | |
| Sysco Corp. |
Closed
21,520
|
$1,176,000 | |
| Salesforce.Com Inc |
Closed
5,201
|
$974,000 | |
| X Financial |
66.67%
315,728
|
$631,000 | 0.01% |
| Yum China Holdings Inc |
Closed
13,000
|
$625,000 | |
| Cree, Inc. |
Opened
3,150
|
$334,000 | 0.01% |
| Concord Medical Services Holdi |
No change
113,549
|
$311,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 51 holdings | |||