Regents Capital Ltd 13F annual report

Regents Capital Ltd is an investment fund managing more than $64.1 million ran by Wendy Xu. There are currently 11 companies in Mrs. Xu’s portfolio. The largest investments include Zto Express Cayman Inc and Vipshop Holdings Limited, together worth $43.8 million.

$64.1 million Assets Under Management (AUM)

As of 9th August 2021, Regents Capital Ltd’s top holding is 881,090 shares of Zto Express Cayman Inc currently worth over $23.8 million and making up 37.2% of the portfolio value. In addition, the fund holds 1,200,000 shares of Vipshop Holdings Limited worth $20 million. The third-largest holding is Pinduoduo Inc worth $10.1 million and the next is iQIYI Inc worth $6.75 million, with 605,000 shares owned.

Currently, Regents Capital Ltd's portfolio is worth at least $64.1 million. 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 Regents Capital Ltd

The Regents Capital Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Wendy Xu serves as the Chief Operating Officer at Regents Capital Ltd.

Recent trades

In the most recent 13F filing, Regents Capital Ltd revealed that it had opened a new position in Zto Express Cayman Inc and bought 881,090 shares worth $23.8 million.

The investment fund also strengthened its position in Ambac Finl Group Inc by buying 4,200 additional shares. This makes their stake in Ambac Finl Group Inc total 14,500 shares worth $227 thousand.

On the other hand, there are companies that Regents Capital Ltd is getting rid of from its portfolio. Regents Capital Ltd closed its position in Tencent Music Entmt Group on 16th August 2021. It sold the previously owned 150,000 shares for $3.07 million. Wendy Xu also disclosed a decreased stake in Vipshop Holdings Limited by 0.6%. This leaves the value of the investment at $20 million and 1,200,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Regents Capital Ltd are Snow Phipps and Newfleet Asset Management. They manage $64 million and $63.8 million respectively.

Wendy Xu investment strategy

Regents Capital Ltd’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 15.9% of the total portfolio value. The fund focuses on investments in the China as 18.2% 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 27% 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 $272 billion.

The complete list of Regents Capital Ltd trades based on 13F SEC filings

These positions were updated on August 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
Zto Express Cayman Inc	Opened 881,090	$23,842,000	37.20%
Vipshop Holdings Limited	63.69% 1,200,000	$19,956,000	31.14%
Pinduoduo Inc	Opened 110,000	$10,077,000	15.72%
iQIYI Inc	Opened 605,000	$6,752,000	10.54%
Tencent Music Entmt Group	Closed 150,000	$3,074,000
Square Inc	Opened 5,000	$1,236,000	1.93%
Fulgent Genetics Inc	Opened 12,000	$1,107,000	1.73%
Quidel Corp.	Opened 4,000	$512,000	0.80%
Ambac Finl Group Inc	40.78% 14,500	$227,000	0.35%
New Oriental Ed Technology	Opened 60,000	$130,000	0.20%
Rafael Holdings Inc	Opened 2,500	$128,000	0.20%
Amazon.com Inc.	No change 34	$117,000	0.18%
360 DigiTech Inc	Closed 3,399	$88,000
PBF Energy Inc	Closed 2,400	$34,000
Rlx Technology Inc	Closed 2,750	$28,000
No transactions found
Showing first 500 out of 15 holdings