Wt Asset Management Ltd 13F annual report

Wt Asset Management Ltd is an investment fund managing more than $1.02 trillion ran by Wang Tongshu. There are currently 24 companies in Tongshu’s portfolio. The largest investments include New Oriental Ed Technology and PDD Inc, together worth $259 billion.

$1.02 trillion Assets Under Management (AUM)

As of 18th July 2024, Wt Asset Management Ltd’s top holding is 1,730,772 shares of New Oriental Ed Technology currently worth over $135 billion and making up 13.2% of the portfolio value. In addition, the fund holds 933,702 shares of PDD Inc worth $124 billion, whose value fell 7.9% in the past six months. The third-largest holding is Taiwan Semiconductor Mfg Ltd worth $103 billion and the next is Micron Technology worth $87.5 billion, with 664,942 shares owned.

Currently, Wt Asset Management Ltd's portfolio is worth at least $1.02 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 Wt Asset Management Ltd

The Wt Asset Management Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Wang Tongshu serves as the Director at Wt Asset Management Ltd.

Recent trades

In the most recent 13F filing, Wt Asset Management Ltd revealed that it had opened a new position in Amazon.com and bought 442,855 shares worth $85.6 billion. This means they effectively own approximately 0.1% of the company. Amazon.com makes up 27.4% of the fund's Consumer Discretionary sector allocation and has grown its share price by 41.4% in the past year.

The investment fund also strengthened its position in PDD Inc by buying 658,572 additional shares. This makes their stake in PDD Inc total 933,702 shares worth $124 billion. PDD Inc soared 60.3% in the past year.

On the other hand, there are companies that Wt Asset Management Ltd is getting rid of from its portfolio. Wt Asset Management Ltd closed its position in Alibaba Group Hldg Ltd on 25th July 2024. It sold the previously owned 862,429 shares for $66.8 billion. Wang Tongshu also disclosed a decreased stake in New Oriental Ed Technology by approximately 0.1%. This leaves the value of the investment at $135 billion and 1,730,772 shares.

One of the average hedge funds

The two most similar investment funds to Wt Asset Management Ltd are Nicola Wealth Management Ltd and Integral Health Asset Management. They manage $1.02 trillion and $1.02 trillion respectively.

Wang Tongshu investment strategy

Wt Asset Management Ltd’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Technology — making up 34.6% of the total portfolio value. The fund focuses on investments in the United States as 45.8% of the portfolio companies are based in the United States.

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 50% of the total holdings value. On the other hand, small-cap stocks make up only 8.3% of the portfolio. The average market cap of the portfolio companies is close to $416 billion.

The complete list of Wt Asset Management Ltd trades based on 13F SEC filings

These positions were updated on July 25th 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
New Oriental Ed Technology	1.81% 1,730,772	$134,532,908,000	13.22%
PDD Holdings Inc	239.37% 933,702	$124,135,681,000	12.20%
Taiwan Semiconductor Mfg Ltd	5.71% 592,077	$102,908,903,000	10.11%
Micron Technology Inc.	91.85% 664,942	$87,459,821,000	8.60%
Amazon.com Inc.	Opened 442,855	$85,581,729,000	8.41%
Apple Inc	Opened 380,103	$80,057,294,000	7.87%
NVIDIA Corp	Opened 620,544	$76,662,006,000	7.53%
Alibaba Group Hldg Ltd	Closed 862,429	$66,846,872,000
Meta Platforms Inc	33.72% 82,682	$41,689,918,000	4.10%
Eaton Corp Plc	Opened 132,460	$41,532,833,000	4.08%
Arista Networks Inc	2.11% 116,400	$40,795,872,000	4.01%
Alphabet Inc	Opened 188,900	$34,648,038,000	3.41%
Snowflake Inc.	Closed 156,200	$31,083,800,000
Ge Vernova Inc	Opened 179,700	$30,820,347,000	3.03%
NetEase Inc	69.92% 299,822	$28,656,987,000	2.82%
Tesla Inc	Closed 114,000	$28,326,720,000
Vertiv Holdings Co	Closed 509,800	$24,485,694,000
Asml Holding N V	Closed 30,700	$23,237,444,000
Microsoft Corporation	Opened 51,700	$23,107,315,000	2.27%
TAL Education Group	38.56% 2,151,755	$22,959,226,000	2.26%
Li Auto Inc.	Closed 592,000	$22,158,560,000
Qualcomm, Inc.	79.09% 89,700	$17,866,446,000	1.76%
Tencent Music Entmt Group	22.04% 1,263,700	$17,754,985,000	1.74%
Applovin Corp	Opened 149,400	$12,433,068,000	1.22%
Trip.com Group Ltd	Closed 308,222	$11,099,074,000
Amer Sports Inc	Opened 612,242	$7,695,882,000	0.76%
Sharkninja Inc	Closed 64,009	$3,275,341,000
Arm Holdings Plc	Closed 40,000	$3,005,800,000
NextEra Energy Inc	Opened 25,000	$1,770,250,000	0.17%
Proshares Tr	Opened 20,000	$1,476,400,000	0.15%
VanEck ETF Trust	Opened 5,000	$1,303,500,000	0.13%
Full Truck Alliance Co. Ltd.	Opened 113,000	$908,520,000	0.09%
DraftKings Inc.	97.35% 20,000	$763,400,000	0.08%
Uber Technologies Inc	Closed 6,500	$400,205,000
Spotify Technology S.A.	Closed 2,100	$394,611,000
Roblox Corporation	Closed 8,500	$388,620,000
No transactions found
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