Kadensa Capital Ltd 13F annual report
Kadensa Capital Ltd is an investment fund managing more than $424 billion ran by Derek Chung. There are currently 36 companies in Mr. Chung’s portfolio. The largest investments include Robinhood Mkts Inc and Microsoft, together worth $99.4 billion.
$424 billion Assets Under Management (AUM)
As of 7th August 2024, Kadensa Capital Ltd’s top holding is 2,242,440 shares of Robinhood Mkts Inc currently worth over $50.9 billion and making up 12.0% of the portfolio value.
In addition, the fund holds 108,407 shares of Microsoft worth $48.5 billion, whose value grew 1.1% in the past six months.
The third-largest holding is Western Digital worth $28.1 billion and the next is Scorpio Tankers Inc worth $22.5 billion, with 276,770 shares owned.
Currently, Kadensa Capital Ltd's portfolio is worth at least $424 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 Kadensa Capital Ltd
The Kadensa Capital Ltd office and employees reside in Central, Hong Kong. According to the last 13-F report filed with the SEC, Derek Chung serves as the Chief Operating Officer at Kadensa Capital Ltd.
Recent trades
In the most recent 13F filing, Kadensa Capital Ltd revealed that it had opened a new position in
Western Digital and bought 370,699 shares worth $28.1 billion.
This means they effectively own approximately 0.1% of the company.
Western Digital makes up
13.7%
of the fund's Technology sector allocation and has grown its share price by 44.6% in the past year.
The investment fund also strengthened its position in Robinhood Mkts Inc by buying
2,143,371 additional shares.
This makes their stake in Robinhood Mkts Inc total 2,242,440 shares worth $50.9 billion.
On the other hand, there are companies that Kadensa Capital Ltd is getting rid of from its portfolio.
Kadensa Capital Ltd closed its position in Oracle on 14th August 2024.
It sold the previously owned 177,011 shares for $22.2 billion.
Derek Chung also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $48.5 billion and 108,407 shares.
One of the average hedge funds
The two most similar investment funds to Kadensa Capital Ltd are Skyoak Wealth and Lisanti Capital Growth. They manage $424 billion and $424 billion respectively.
Derek Chung investment strategy
Kadensa Capital Ltd’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 48.3% of
the total portfolio value.
The fund focuses on investments in the United States as
36.1% 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
39% of the total holdings value.
On the other hand, small-cap stocks make up only 2.8% of the portfolio.
The average market cap of the portfolio companies is close to $145 billion.
The complete list of Kadensa Capital 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 |
|---|---|---|---|
| Robinhood Mkts Inc |
2,163.51%
2,242,440
|
$50,925,812,000 | 12.02% |
| Microsoft Corporation |
4.93%
108,407
|
$48,452,509,000 | 11.43% |
| Western Digital Corp. |
Opened
370,699
|
$28,087,863,000 | 6.63% |
| Scorpio Tankers Inc |
2.59%
276,770
|
$22,498,633,000 | 5.31% |
| Oracle Corp. |
Closed
177,011
|
$22,234,352,000 | |
| Broadcom Inc. |
Closed
15,898
|
$21,071,368,000 | |
| Marvell Technology Inc |
Opened
299,204
|
$20,914,360,000 | 4.93% |
| Eaton Corp Plc |
28.62%
64,375
|
$20,184,781,000 | 4.76% |
| Salesforce Inc |
13.20%
72,554
|
$18,653,633,000 | 4.40% |
| Flex Ltd |
Opened
568,622
|
$16,768,663,000 | 3.96% |
| Caterpillar Inc. |
Closed
44,655
|
$16,362,932,000 | |
| PDD Holdings Inc |
17.07%
123,015
|
$16,354,844,000 | 3.86% |
| Spdr Gold Tr |
Opened
72,346
|
$15,555,113,000 | 3.67% |
| Cadence Design System Inc |
Closed
44,444
|
$13,834,528,000 | |
| Micron Technology Inc. |
Opened
103,777
|
$13,649,789,000 | 3.22% |
| NetEase Inc |
2.18%
135,454
|
$12,946,693,000 | 3.05% |
| Dell Technologies Inc |
Opened
92,535
|
$12,761,502,000 | 3.01% |
| KraneShares Trust |
Closed
465,295
|
$12,213,994,000 | |
| Snowflake Inc. |
1.93%
83,565
|
$11,288,796,000 | 2.66% |
| Sprott Fds Tr |
Opened
219,637
|
$10,814,926,000 | 2.55% |
| Valero Energy Corp. |
Opened
66,418
|
$10,411,686,000 | 2.46% |
| Paccar Inc. |
21.07%
98,839
|
$10,174,487,000 | 2.40% |
| Ishares Tr |
Opened
49,044
|
$9,950,537,000 | 2.35% |
| Meta Platforms Inc |
Closed
20,389
|
$9,900,491,000 | |
| Ishares Tr |
Closed
403,959
|
$9,723,293,000 | |
| Arm Holdings Plc |
Closed
77,745
|
$9,717,348,000 | |
| Vertiv Holdings Co |
Closed
109,957
|
$8,980,188,000 | |
| Kanzhun Limited |
Opened
472,473
|
$8,887,217,000 | 2.10% |
| Full Truck Alliance Co. Ltd. |
Opened
1,103,670
|
$8,873,507,000 | 2.09% |
| New Oriental Ed & Technology |
12.30%
91,035
|
$7,076,151,000 | 1.67% |
| Ge Vernova Inc |
Opened
40,518
|
$6,949,242,000 | 1.64% |
| Eli Lilly & Co |
40.51%
7,286
|
$6,596,599,000 | 1.56% |
| Synopsys, Inc. |
Closed
10,141
|
$5,795,582,000 | |
| Rambus Inc. |
Closed
92,907
|
$5,742,582,000 | |
| NVIDIA Corp |
365.59%
45,707
|
$5,646,643,000 | 1.33% |
| Southern Copper Corporation |
Closed
47,557
|
$5,065,772,000 | |
| Spdr Ser Tr |
Closed
32,671
|
$5,061,718,000 | |
| Chesapeake Energy Corp. |
Closed
56,268
|
$4,998,286,000 | |
| Etf Ser Solutions |
422.32%
251,602
|
$4,946,495,000 | 1.17% |
| VanEck ETF Trust |
Closed
21,798
|
$4,904,332,000 | |
| GitLab Inc. |
3.74%
95,289
|
$4,737,769,000 | 1.12% |
| Advanced Micro Devices Inc. |
Closed
25,780
|
$4,653,032,000 | |
| Futu Hldgs Ltd |
Opened
65,292
|
$4,283,482,000 | 1.01% |
| Teradyne, Inc. |
Closed
32,719
|
$3,691,685,000 | |
| Quanta Svcs Inc |
Opened
12,618
|
$3,206,108,000 | 0.76% |
| Sentinelone Inc |
Opened
136,634
|
$2,876,146,000 | 0.68% |
| Invesco Exchange Traded Fd T |
Closed
66,688
|
$6,595,259,000 | |
| Zeekr Intelligent Technology |
Opened
138,671
|
$2,612,562,000 | 0.62% |
| Adobe Inc |
Closed
4,490
|
$2,265,654,000 | |
| Select Sector Spdr Tr |
Closed
14,115
|
$1,777,925,000 | |
| Cloudflare Inc |
102.13%
20,906
|
$1,731,644,000 | 0.41% |
| Ehang Hldgs Ltd |
Opened
119,103
|
$1,617,419,000 | 0.38% |
| ServiceNow Inc |
Closed
1,695
|
$1,292,268,000 | |
| Alcoa Corp |
Opened
24,160
|
$961,085,000 | 0.23% |
| VanEck ETF Trust |
Opened
27,932
|
$1,173,815,000 | 0.28% |
| Frontline Plc |
Opened
29,517
|
$760,358,000 | 0.18% |
| Select Sector Spdr Tr |
Opened
5,434
|
$495,309,000 | 0.12% |
| No transactions found | |||
| Showing first 500 out of 57 holdings | |||
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