Pinpoint Asset Management Ltd 13F annual report

Pinpoint Asset Management Ltd is an investment fund managing more than $617 billion ran by Eleanor Chan. There are currently 97 companies in Mrs. Chan’s portfolio. The largest investments include PDD Inc and Full Truck Alliance Co, together worth $184 billion.

Limited to 30 biggest holdings

$617 billion Assets Under Management (AUM)

As of 7th August 2024, Pinpoint Asset Management Ltd’s top holding is 843,757 shares of PDD Inc currently worth over $121 billion and making up 19.7% of the portfolio value. Relative to the number of outstanding shares of PDD Inc, Pinpoint Asset Management Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 7,849,056 shares of Full Truck Alliance Co worth $63.1 billion, whose value grew 10.9% in the past six months. The third-largest holding is Ishares Bitcoin Tr worth $53 billion and the next is NVIDIA Corp worth $51 billion, with 413,130 shares owned.

Currently, Pinpoint Asset Management Ltd's portfolio is worth at least $617 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.

Careers at Pinpoint Asset Management Ltd

The Pinpoint Asset Management Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Eleanor Chan serves as the Compliance Officer at Pinpoint Asset Management Ltd.

Recent trades

In the most recent 13F filing, Pinpoint Asset Management Ltd revealed that it had opened a new position in Makemytrip Limited Mauritius and bought 224,311 shares worth $18.9 billion.

The investment fund also strengthened its position in PDD Inc by buying 63,771 additional shares. This makes their stake in PDD Inc total 843,757 shares worth $121 billion. PDD Inc soared 76.8% in the past year.

On the other hand, there are companies that Pinpoint Asset Management Ltd is getting rid of from its portfolio. Pinpoint Asset Management Ltd closed its position in Makemytrip Limited Mauritius on 14th August 2024. It sold the previously owned 211,796 shares for $15 billion. Eleanor Chan also disclosed a decreased stake in Full Truck Alliance Co by 0.2%. This leaves the value of the investment at $63.1 billion and 7,849,056 shares.

One of the average hedge funds

The two most similar investment funds to Pinpoint Asset Management Ltd are V-square Quantitative Management and Nebula Research & Development. They manage $617 billion and $617 billion respectively.


Eleanor Chan investment strategy

Pinpoint Asset Management Ltd’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 31.3% of the total portfolio value. The fund focuses on investments in the China as 9.3% 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 39% of the total holdings value. On the other hand, small-cap stocks make up only 1.0% of the portfolio. The average market cap of the portfolio companies is close to $123 billion.

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

These positions were updated on August 14th 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
PDD Holdings Inc
8.18%
843,757
$121,244,683,000 19.66%
Full Truck Alliance Co. Ltd.
18.96%
7,849,056
$63,106,410,000 10.23%
Ishares Bitcoin Tr
4.58%
1,551,505
$52,968,379,000 8.59%
NVIDIA Corp
1,183.61%
413,130
$51,038,080,000 8.28%
New Oriental Ed Technology
44.62%
610,989
$50,682,214,000 8.22%
Microsoft Corporation
20.37%
80,621
$36,033,556,000 5.84%
Tesla Inc
46.36%
161,328
$31,923,585,000 5.18%
Noah Hldgs Ltd
8.33%
326,446
$31,502,074,000 5.11%
Trip.com Group Ltd
28.32%
464,561
$27,775,261,000 4.50%
Makemytrip Limited Mauritius
Opened
224,311
$18,864,555,000 3.06%
Makemytrip Limited Mauritius
Closed
211,796
$15,048,105,000
Frontline Plc
Closed
446,718
$10,444,266,000
Futu Hldgs Ltd
25.40%
151,952
$9,968,811,000 1.62%
NetEase Inc
2,422.53%
98,429
$9,407,844,000 1.53%
Tencent Music Entmt Group
3.58%
660,771
$9,283,833,000 1.51%
KE Holdings Inc.
21.56%
431,975
$6,862,396,000 1.11%
Amphenol Corp.
1,426.81%
89,853
$6,053,397,000 0.98%
Lumentum Holdings Inc
16.08%
92,226
$5,816,388,000 0.94%
Vipshop Hldgs Ltd
Closed
337,237
$5,581,272,000
Novo-nordisk A S
4.54%
35,366
$5,048,143,000 0.82%
Boston Scientific Corp.
19.72%
63,397
$4,882,203,000 0.79%
Apple Inc
Opened
22,149
$4,665,022,000 0.76%
Atour Lifestyle Hldgs Ltd
Closed
39,811
$3,912,660,000
Advanced Micro Devices Inc.
Closed
17,071
$3,859,417,000
Vertex Pharmaceuticals, Inc.
22.41%
7,960
$3,731,011,000 0.61%
TAL Education Group
154.97%
344,466
$3,720,629,000 0.60%
Infosys Ltd
Opened
183,600
$3,418,632,000 0.55%
Icici Bank Limited
No change
112,000
$3,226,720,000 0.52%
Scorpio Tankers Inc
Closed
42,109
$3,012,898,000
Wipro Ltd.
No change
481,500
$2,937,150,000 0.48%
Acm Resh Inc
19,539.04%
127,261
$2,934,639,000 0.48%
Eli Lilly Co
8.34%
3,209
$2,905,364,000 0.47%
Abbott Labs
7.60%
26,898
$2,794,971,000 0.45%
BeiGene Ltd
Closed
5,300
$2,791,248,000
Johnson Johnson
7.46%
18,720
$2,736,115,000 0.44%
Merck Co Inc
7.11%
21,083
$2,610,075,000 0.42%
Sharkninja Inc
Opened
76
$2,390,221,000 0.39%
Regeneron Pharmaceuticals, Inc.
4.88%
2,008
$2,110,468,000 0.34%
Abbvie Inc
7.99%
12,160
$2,085,683,000 0.34%
TotalEnergies SE
No change
30,885
$2,059,412,000 0.33%
Takeda Pharmaceutical Co
Closed
147,600
$2,050,164,000
Zto Express Cayman Inc
No change
90,091
$1,869,388,000 0.30%
Tuya Inc.
41.89%
1,071,743
$1,832,681,000 0.30%
Lululemon Athletica inc.
15.22%
1,693
$1,569,071,000 0.25%
Agora, Inc.
11.34%
678,342
$1,438,085,000 0.23%
Okeanis Eco Tankers Cor
47.29%
42,669
$1,371,381,000 0.22%
Melco Resorts And Entmnt Ltd
168.06%
172,829
$1,289,304,000 0.21%
Barrick Gold Corp.
Closed
72,266
$1,202,506,000
Zeekr Intelligent Technology
Opened
61,897
$1,166,139,000 0.19%
Moderna Inc
99.33%
9,745
$1,157,219,000 0.19%
Woodside Energy Group Ltd
9.46%
55,772
$1,049,071,000 0.17%
Taiwan Semiconductor Mfg Ltd
Opened
6,033
$1,048,596,000 0.17%
Super Hi Intl Hldg Ltd
Opened
56,549
$1,017,882,000 0.17%
Gaotu Techedu Inc
697.57%
200,669
$1,006,044,000 0.16%
Nike, Inc.
Opened
202
$979,358,000 0.16%
Summit Therapeutics Inc
Opened
120,746
$941,819,000 0.15%
Mcdonalds Corp
14.27%
3,659
$932,460,000 0.15%
Dexcom Inc
Opened
8,101
$918,491,000 0.15%
Ero Copper Corp
17.90%
39,516
$844,852,000 0.14%
Las Vegas Sands Corp
Closed
14,706
$760,300,000
Amer Sports Inc
215.95%
59,039
$742,120,000 0.12%
HDFC Bank Ltd.
No change
11,300
$726,929,000 0.12%
MGM Resorts International
Closed
13,334
$629,498,000
Arista Networks Inc
Opened
1,728
$605,629,000 0.10%
Rlx Technology Inc
0.76%
320,139
$589,056,000 0.10%
Coherent Corp
1,641.37%
6,861
$523,813,000 0.08%
Danaher Corp.
Closed
2,012
$502,436,000
Lauder Estee Cos Inc
Opened
2,521
$488,270,000 0.08%
Asml Holding N V
Closed
500
$485,235,000
Zoetis Inc
No change
2,742
$475,353,000 0.08%
On Hldg Ag
Opened
11,611
$450,507,000 0.07%
Crocs Inc
104.25%
3,025
$441,469,000 0.07%
Chunghwa Telecom Co Ltd
Closed
10,984
$429,913,000
Qorvo Inc
Opened
3,405
$396,277,000 0.06%
Western Digital Corp.
Closed
5,520
$376,684,000
Hello Group Inc
Closed
60,000
$372,600,000
Silicon Motion Technology Corp
Closed
4,779
$367,696,000
Harmony Gold Mining Co Ltd
Opened
35,664
$327,039,000 0.05%
Deckers Outdoor Corp.
21.52%
310
$300,065,000 0.05%
Charles Riv Labs Intl Inc
Opened
1,380
$285,080,000 0.05%
Super Micro Computer Inc
Closed
224
$278,768,000
Macom Tech Solutions Hldgs I
8.52%
2,470
$275,331,000 0.04%
Qualcomm, Inc.
Closed
1,411
$269,017,000
Autohome Inc
Closed
10,000
$262,200,000
Abercrombie Fitch Co
Opened
1,474
$262,136,000 0.04%
Ascendis Pharma A/S
Closed
1,698
$256,686,000
Onto Innovation Inc.
Closed
1,400
$253,512,000
Dominos Pizza Inc
Opened
488
$251,969,000 0.04%
Vertiv Holdings Co
Closed
3,073
$250,971,000
Hewlett Packard Enterprise C
Closed
14,000
$248,220,000
Monolithic Pwr Sys Inc
Opened
300
$246,504,000 0.04%
JOYY Inc
Closed
7,770
$238,927,000
Flex Ltd
Closed
8,000
$228,880,000
Analog Devices Inc.
Opened
1,000
$228,260,000 0.04%
PVH Corp
Closed
1,538
$216,258,000
Li Auto Inc.
95.51%
11,000
$196,680,000 0.03%
Marvell Technology Inc
Opened
1,172
$169,717,000 0.03%
Broadcom Inc
95.62%
96
$154,131,000 0.02%
Alpha Omega Semiconductor
Opened
4,000
$149,480,000 0.02%
DraftKings Inc.
59.39%
3,743
$142,870,000 0.02%
Netgear Inc
Opened
9,245
$141,449,000 0.02%
Credo Technology Group Holdi
Opened
4,000
$127,760,000 0.02%
Universal Display Corp.
Opened
600
$126,150,000 0.02%
MaxLinear Inc
Opened
5,442
$109,602,000 0.02%
Gap, Inc.
50.88%
4,177
$99,789,000 0.02%
Micron Technology Inc.
99.14%
632
$83,127,000 0.01%
Urban Outfitters, Inc.
Opened
1,247
$51,189,000 0.01%
Ralph Lauren Corp
49.91%
278
$48,667,000 0.01%
Camtek Ltd
92.13%
253
$31,686,000 0.01%
KLA Corp.
Opened
38
$31,331,000 0.01%
Arm Holdings Plc
Opened
186
$30,433,000 0.00%
Southern Copper Corporation
Opened
275
$29,629,000 0.00%
Dell Technologies Inc
92.80%
144
$19,859,000 0.00%
Booking Holdings Inc
99.08%
4
$15,846,000 0.00%
Teck Resources Ltd
7.64%
310
$14,849,000 0.00%
Celestica, Inc.
Opened
240
$13,759,000 0.00%
Hesai Group
No change
1,707
$7,152,000 0.00%
MP Materials Corp.
Closed
381
$5,448,000
Ys Biopharma Co Ltd
Closed
50,000
$3,580,000
FormFactor Inc.
Opened
50
$3,027,000 0.00%
Solaris Res Inc
Opened
1,027
$2,865,000 0.00%
AXT Inc
Closed
314
$1,441,000
Caterpillar Inc.
Closed
3
$1,099,000
Drdgold Limited
41.18%
60
$517,000 0.00%
Sibanye Stillwater Ltd
98.25%
2
$331,000 0.00%
Walmart Inc
Closed
4
$240,000
Suzano S.A.
Opened
17
$175,000 0.00%
Edwards Lifesciences Corp
99.99%
1
$92,000 0.00%
Alamos Gold Inc.
99.44%
3
$47,000 0.00%
No transactions found
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