Q3 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BEKE | Sell | KE HOLDINGS INC-ADR BEKE USsponsored ads | $28,914,645 | -27.8% | 1,863,057 | -30.9% | 7.85% | -21.2% |
| PDD | Sell | PDD HOLDINGS INC PDD USsponsored ads | $28,832,580 | -36.5% | 294,000 | -55.2% | 7.83% | -30.7% |
| TQQQ | Sell | PROSHARES ULTRAPRO QQQ TQQQ USultrapro qqq | $23,730,044 | -41.9% | 666,200 | -33.1% | 6.44% | -36.6% |
| DASH | Sell | DOORDASH INC - A DASH UScl a | $19,915,182 | -48.2% | 250,600 | -50.2% | 5.41% | -43.5% |
| AMZN | Sell | AMAZON.COM INC AMZN US | $19,741,736 | -39.6% | 155,300 | -38.1% | 5.36% | -34.1% |
| Z | Buy | ZILLOW GROUP INC - C Z UScl c cap stk | $18,251,664 | +22.4% | 395,400 | +33.2% | 4.96% | +33.5% |
| UBER | Buy | UBER TECHNOLOGIES INC UBER US | $18,179,847 | +8.7% | 395,300 | +2.0% | 4.94% | +18.6% |
| FB | Buy | META PLATFORMS INC-CLASS A META UScl a | $15,821,067 | +244.6% | 52,700 | +229.4% | 4.30% | +275.8% |
| ABNB | Buy | AIRBNB INC-CLASS A ABNB US | $13,336,812 | +335.4% | 97,200 | +306.7% | 3.62% | +375.2% |
| INTC | Buy | INTEL CORP INTC US | $12,979,305 | +68.7% | 365,100 | +58.7% | 3.52% | +84.0% |
| TSLA | Buy | TESLA INC TSLA US | $11,860,428 | +667.9% | 47,400 | +703.4% | 3.22% | +738.5% |
| TAL | Sell | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $11,189,813 | +31.9% | 1,228,300 | -13.7% | 3.04% | +43.9% |
| SE | New | SEA LTD-ADR SE USsponsord ads | $10,196,400 | – | 232,000 | – | 2.77% | – |
| DAL | New | DELTA AIR LINES INC | $9,268,500 | – | 250,500 | – | 2.52% | – |
| AAL | New | AMERICAN AIRLINES GROUP INC | $9,203,985 | – | 718,500 | – | 2.50% | – |
| BILI | Sell | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $7,467,471 | -8.9% | 542,300 | -0.1% | 2.03% | -0.6% |
| YMM | Sell | FULL TRUCK ALLIANCE -SPN ADR YMM USsponsored ads | $7,059,008 | +13.0% | 1,002,700 | -0.2% | 1.92% | +23.3% |
| ENPH | Buy | ENPHASE ENERGY INC ENPH US | $6,884,595 | +319.5% | 57,300 | +484.7% | 1.87% | +358.1% |
| DIS | Buy | WALT DISNEY CO/THE DIS US | $5,584,345 | +25.9% | 68,900 | +38.6% | 1.52% | +37.3% |
| New | DRX DLY FTSE CHINA BULL 3X YINN USdl ftse bull 3x | $3,996,744 | – | 138,200 | – | 1.08% | – | |
| PTON | New | PELOTON INTERACTIVE INC-A PTON US | $3,909,205 | – | 774,100 | – | 1.06% | – |
| COIN | Sell | COINBASE GLOBAL INC -CLASS A COIN US | $2,732,912 | -82.7% | 36,400 | -83.5% | 0.74% | -81.1% |
| CRWD | New | CROWDSTRIKE HOLDINGS INC - A CRWD UScl a | $2,644,604 | – | 15,800 | – | 0.72% | – |
| GOOG | New | ALPHABET INC-CL C GOOG UScap stk cl c | $2,623,815 | – | 19,900 | – | 0.71% | – |
| VFC | New | VF CORP VFC US | $2,572,752 | – | 145,600 | – | 0.70% | – |
| IQ | Sell | IQIYI INC-ADR IQ USsponsored ads | $2,461,008 | -11.4% | 519,200 | -0.2% | 0.67% | -3.3% |
| NKE | Sell | NIKE INC -CL B NKE UScl b | $2,342,690 | -75.1% | 24,500 | -71.3% | 0.64% | -72.9% |
| SNOW | Sell | SNOWFLAKE INC-CLASS A SNOW UScl a | $2,245,719 | -56.7% | 14,700 | -50.2% | 0.61% | -52.8% |
| YY | New | JOYY INC-ADR YY US | $1,935,988 | – | 50,800 | – | 0.53% | – |
| API | Sell | AGORA INC-ADR API USads | $94,369 | -19.4% | 37,300 | -0.3% | 0.03% | -10.3% |
| BLDP | Exit | BALLARD POWER SYSTEMS INC BLDP US | $0 | – | -192,100 | – | -0.21% | – |
| Exit | NU HOLDINGS LTD/CAYMAN ISL-A NU US | $0 | – | -304,700 | – | -0.60% | – | |
| AMD | Exit | ADVANCED MICRO DEVICES AMD US | $0 | – | -26,100 | – | -0.74% | – |
| DDOG | Exit | DATADOG INC - CLASS A DDOG US | $0 | – | -43,600 | – | -1.07% | – |
| DOCU | Exit | DOCUSIGN INC DOCU US | $0 | – | -101,700 | – | -1.29% | – |
| SQ | Exit | BLOCK INC SQ UScl a | $0 | – | -143,700 | – | -2.38% | – |
Q2 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PDD | New | PDD HOLDINGS INC PDD USsponsored ads | $45,397,324 | – | 656,600 | – | 11.30% | – |
| TQQQ | New | PROSHARES ULTRAPRO QQQ TQQQ USultrapro qqq | $40,848,300 | – | 996,300 | – | 10.16% | – |
| BEKE | New | KE HOLDINGS INC-ADR BEKE USsponsored ads | $40,049,381 | – | 2,696,928 | – | 9.96% | – |
| DASH | New | DOORDASH INC - A DASH UScl a | $38,477,470 | – | 503,500 | – | 9.57% | – |
| AMZN | New | AMAZON.COM INC AMZN US | $32,694,288 | – | 250,800 | – | 8.14% | – |
| New | ROBINHOOD MARKETS INC - A HOOD US | $25,161,576 | – | 2,521,200 | – | 6.26% | – | |
| SNAP | New | SNAP INC - A SNAP UScl a | $24,667,456 | – | 2,083,400 | – | 6.14% | – |
| UBER | New | UBER TECHNOLOGIES INC UBER US | $16,728,375 | – | 387,500 | – | 4.16% | – |
| COIN | New | COINBASE GLOBAL INC -CLASS A COIN US | $15,812,550 | – | 221,000 | – | 3.94% | – |
| Z | New | ZILLOW GROUP INC - C Z UScl c cap stk | $14,917,168 | – | 296,800 | – | 3.71% | – |
| SQ | New | BLOCK INC SQ UScl a | $9,566,109 | – | 143,700 | – | 2.38% | – |
| NKE | New | NIKE INC -CL B NKE UScl b | $9,414,561 | – | 85,300 | – | 2.34% | – |
| TAL | New | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $8,485,252 | – | 1,423,700 | – | 2.11% | – |
| BILI | New | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $8,199,300 | – | 543,000 | – | 2.04% | – |
| INTC | New | INTEL CORP INTC US | $7,694,544 | – | 230,100 | – | 1.92% | – |
| YMM | New | FULL TRUCK ALLIANCE -SPN ADR YMM USsponsored ads | $6,247,990 | – | 1,004,500 | – | 1.56% | – |
| SY | New | SO-YOUNG INTERNATIONAL-ADRsponsored ads | $5,644,886 | – | 3,067,873 | – | 1.40% | – |
| DOCU | New | DOCUSIGN INC DOCU US | $5,195,853 | – | 101,700 | – | 1.29% | – |
| SNOW | New | SNOWFLAKE INC-CLASS A SNOW UScl a | $5,191,410 | – | 29,500 | – | 1.29% | – |
| New | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $4,624,279 | – | 117,100 | – | 1.15% | – | |
| FB | New | META PLATFORMS INC-CLASS A META UScl a | $4,591,680 | – | 16,000 | – | 1.14% | – |
| DIS | New | WALT DISNEY CO/THE DIS US | $4,437,216 | – | 49,700 | – | 1.10% | – |
| DDOG | New | DATADOG INC - CLASS A DDOG US | $4,289,368 | – | 43,600 | – | 1.07% | – |
| ABNB | New | AIRBNB INC-CLASS A ABNB US | $3,063,024 | – | 23,900 | – | 0.76% | – |
| AMD | New | ADVANCED MICRO DEVICES AMD US | $2,973,051 | – | 26,100 | – | 0.74% | – |
| IQ | New | IQIYI INC-ADR IQ USsponsored ads | $2,776,800 | – | 520,000 | – | 0.69% | – |
| TALK | New | TALKSPACE INC | $2,454,417 | – | 1,932,612 | – | 0.61% | – |
| LITB | New | LIGHTINTHEBOX HOLDING-ADRsponsored adr | $2,427,287 | – | 2,057,023 | – | 0.60% | – |
| New | NU HOLDINGS LTD/CAYMAN ISL-A NU US | $2,404,083 | – | 304,700 | – | 0.60% | – | |
| New | MOGU INC-ADRspon ads | $1,653,840 | – | 689,100 | – | 0.41% | – | |
| ENPH | New | ENPHASE ENERGY INC ENPH US | $1,641,304 | – | 9,800 | – | 0.41% | – |
| TSLA | New | TESLA INC TSLA US | $1,544,443 | – | 5,900 | – | 0.38% | – |
| STAA | New | STAAR SURGICAL CO STAA US | $851,634 | – | 16,200 | – | 0.21% | – |
| BLDP | New | BALLARD POWER SYSTEMS INC BLDP US | $837,556 | – | 192,100 | – | 0.21% | – |
| New | GINKGO BIOWORKS HOLDINGS INC DNA US | $597,618 | – | 321,300 | – | 0.15% | – | |
| New | YUNJI INC-ADRspon ads | $203,820 | – | 129,000 | – | 0.05% | – | |
| API | New | AGORA INC-ADR API USads | $117,062 | – | 37,400 | – | 0.03% | – |
Q4 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| API | Exit | AGORA INC-ADR API USads | $0 | – | -53,300 | – | -0.07% | – |
| BABA | Exit | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $0 | – | -4,500 | – | -0.13% | – |
| Exit | VACASA INC -CL A VCSA US | $0 | – | -134,500 | – | -0.15% | – | |
| Exit | NU HOLDINGS LTD/CAYMAN ISL-A NU US | $0 | – | -168,600 | – | -0.27% | – | |
| YANG | Exit | DRX DLY FTSE CHINA BEAR 3X YANG USdaily ftse china | $0 | – | -37,000 | – | -0.30% | – |
| Exit | GINKGO BIOWORKS HOLDINGS INC DNA US | $0 | – | -321,300 | – | -0.36% | – | |
| YJ | Exit | YUNJI INC-ADRads rp cl a | $0 | – | -1,290,000 | – | -0.38% | – |
| STAA | Exit | STAAR SURGICAL CO STAA US | $0 | – | -16,200 | – | -0.41% | – |
| BLDP | Exit | BALLARD POWER SYSTEMS INC BLDP US | $0 | – | -192,100 | – | -0.42% | – |
| COIN | Exit | COINBASE GLOBAL INC -CLASS A COIN US | $0 | – | -18,300 | – | -0.42% | – |
| OXY | Exit | OCCIDENTAL PETROLEUM CORP OXY US | $0 | – | -24,000 | – | -0.53% | – |
| Exit | MOGU INC-ADRspon ads | $0 | – | -689,100 | – | -0.58% | – | |
| DIS | Exit | WALT DISNEY CO/THE DIS US | $0 | – | -18,400 | – | -0.63% | – |
| VIPS | Exit | VIPSHOP HOLDINGS LTD - ADR VIPS USsponsored ads a | $0 | – | -217,400 | – | -0.66% | – |
| DAO | Exit | YOUDAO INC - ADR DAO USsponsored ads | $0 | – | -489,059 | – | -0.69% | – |
| TALK | Exit | TALKSPACE INC | $0 | – | -1,932,612 | – | -0.72% | – |
| GOOS | Exit | CANADA GOOSE HOLDINGS INC GOOS US | $0 | – | -131,800 | – | -0.72% | – |
| LITB | Exit | LIGHTINTHEBOX HOLDING-ADRsponsored adr | $0 | – | -2,057,023 | – | -0.79% | – |
| SY | Exit | SO-YOUNG INTERNATIONAL-ADRsponsored ads | $0 | – | -3,067,873 | – | -0.80% | – |
| TME | Exit | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $0 | – | -635,048 | – | -0.93% | – |
| SQ | Exit | BLOCK INC SQ UScl a | $0 | – | -47,300 | – | -0.94% | – |
| PDD | Exit | PINDUODUO INC-ADR PDD USsponsored ads | $0 | – | -49,000 | – | -1.10% | – |
| SHOP | Exit | SHOPIFY INC - CLASS A SHOP UScl a | $0 | – | -141,000 | – | -1.37% | – |
| RAAS | Exit | CLOOPEN GROUP HOLDING LTDads | $0 | – | -5,763,492 | – | -1.46% | – |
| Z | Exit | ZILLOW GROUP INC - C Z UScl c cap stk | $0 | – | -146,000 | – | -1.51% | – |
| Exit | PEAR THERAPEUTICS INC | $0 | – | -2,071,865 | – | -1.52% | – | |
| PINS | Exit | PINTEREST INC- CLASS A PINS UScl a | $0 | – | -211,900 | – | -1.78% | – |
| GOOG | Exit | ALPHABET INC-CL C GOOG UScap stk cl c | $0 | – | -58,080 | – | -2.01% | – |
| ZM | Exit | ZOOM VIDEO COMMUNICATIONS-A ZM UScl a | $0 | – | -77,200 | – | -2.05% | – |
| AMZN | Exit | AMAZON.COM INC AMZN US | $0 | – | -55,600 | – | -2.26% | – |
| DASH | Exit | DOORDASH INC - A DASH UScl a | $0 | – | -130,300 | – | -2.32% | – |
| LULU | Exit | LULULEMON ATHLETICA INC LULU US | $0 | – | -24,600 | – | -2.48% | – |
| Exit | PROSHARES ULTRASHORT BLOOMBE SCO USulsht bloomb oil | $0 | – | -237,200 | – | -2.59% | – | |
| DOCU | Exit | DOCUSIGN INC DOCU US | $0 | – | -146,100 | – | -2.82% | – |
| SNOW | Exit | SNOWFLAKE INC-CLASS A SNOW UScl a | $0 | – | -55,600 | – | -3.41% | – |
| DDOG | Exit | DATADOG INC - CLASS A DDOG US | $0 | – | -108,600 | – | -3.48% | – |
| BILI | Exit | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $0 | – | -752,300 | – | -4.16% | – |
| SNAP | Exit | SNAP INC - A SNAP UScl a | $0 | – | -1,892,800 | – | -6.70% | – |
| TQQQ | Exit | PROSHARES ULTRAPRO QQQ TQQQ USultrapro qqq | $0 | – | -988,400 | – | -6.88% | – |
| Exit | ROBINHOOD MARKETS INC - A HOOD US | $0 | – | -2,336,800 | – | -8.51% | – | |
| UBER | Exit | UBER TECHNOLOGIES INC UBER US | $0 | – | -1,252,400 | – | -11.96% | – |
| BEKE | Exit | KE HOLDINGS INC-ADR BEKE USsponsored ads | $0 | – | -2,963,314 | – | -18.72% | – |
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BEKE | Buy | KE HOLDINGS INC-ADR BEKE USsponsored ads | $51,917,000 | +14.8% | 2,963,314 | +17.6% | 18.72% | -15.5% |
| UBER | Buy | UBER TECHNOLOGIES INC UBER US | $33,189,000 | +108.6% | 1,252,400 | +61.0% | 11.96% | +53.5% |
| Buy | ROBINHOOD MARKETS INC - A HOOD US | $23,602,000 | +36.0% | 2,336,800 | +10.7% | 8.51% | +0.1% | |
| TQQQ | Buy | PROSHARES ULTRAPRO QQQ TQQQ USultrapro qqq | $19,096,000 | +17.1% | 988,400 | +45.5% | 6.88% | -13.8% |
| SNAP | Buy | SNAP INC - A SNAP UScl a | $18,587,000 | +40.9% | 1,892,800 | +88.4% | 6.70% | +3.7% |
| BILI | Buy | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $11,525,000 | +77.4% | 752,300 | +196.5% | 4.16% | +30.6% |
| DDOG | New | DATADOG INC - CLASS A DDOG US | $9,642,000 | – | 108,600 | – | 3.48% | – |
| SNOW | New | SNOWFLAKE INC-CLASS A SNOW UScl a | $9,450,000 | – | 55,600 | – | 3.41% | – |
| DOCU | New | DOCUSIGN INC DOCU US | $7,812,000 | – | 146,100 | – | 2.82% | – |
| Sell | PROSHARES ULTRASHORT BLOOMBE SCO USulsht bloomb oil | $7,182,000 | -10.8% | 237,200 | -32.5% | 2.59% | -34.4% | |
| LULU | New | LULULEMON ATHLETICA INC LULU US | $6,877,000 | – | 24,600 | – | 2.48% | – |
| DASH | New | DOORDASH INC - A DASH UScl a | $6,443,000 | – | 130,300 | – | 2.32% | – |
| AMZN | Sell | AMAZON.COM INC AMZN US | $6,283,000 | +5.6% | 55,600 | -0.7% | 2.26% | -22.3% |
| ZM | New | ZOOM VIDEO COMMUNICATIONS-A ZM UScl a | $5,681,000 | – | 77,200 | – | 2.05% | – |
| GOOG | Buy | ALPHABET INC-CL C GOOG UScap stk cl c | $5,584,000 | -12.1% | 58,080 | +1900.0% | 2.01% | -35.3% |
| PINS | Sell | PINTEREST INC- CLASS A PINS UScl a | $4,937,000 | -18.3% | 211,900 | -36.3% | 1.78% | -39.9% |
| Z | New | ZILLOW GROUP INC - C Z UScl c cap stk | $4,177,000 | – | 146,000 | – | 1.51% | – |
| PDD | Buy | PINDUODUO INC-ADR PDD USsponsored ads | $3,066,000 | +381.3% | 49,000 | +375.7% | 1.10% | +254.2% |
| SQ | Buy | BLOCK INC SQ UScl a | $2,601,000 | +195.9% | 47,300 | +230.8% | 0.94% | +117.6% |
| TME | Sell | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $2,578,000 | -30.3% | 635,048 | -13.9% | 0.93% | -48.8% |
| GOOS | New | CANADA GOOSE HOLDINGS INC GOOS US | $2,009,000 | – | 131,800 | – | 0.72% | – |
| DIS | New | WALT DISNEY CO/THE DIS US | $1,736,000 | – | 18,400 | – | 0.63% | – |
| OXY | New | OCCIDENTAL PETROLEUM CORP OXY US | $1,475,000 | – | 24,000 | – | 0.53% | – |
| COIN | New | COINBASE GLOBAL INC -CLASS A COIN US | $1,180,000 | – | 18,300 | – | 0.42% | – |
| STAA | New | STAAR SURGICAL CO STAA US | $1,143,000 | – | 16,200 | – | 0.41% | – |
| New | GINKGO BIOWORKS HOLDINGS INC DNA US | $1,002,000 | – | 321,300 | – | 0.36% | – | |
| YANG | Sell | DRX DLY FTSE CHINA BEAR 3X YANG USdaily ftse china | $841,000 | -15.8% | 37,000 | -59.4% | 0.30% | -38.0% |
| New | NU HOLDINGS LTD/CAYMAN ISL-A NU US | $742,000 | – | 168,600 | – | 0.27% | – | |
| New | VACASA INC -CL A VCSA US | $413,000 | – | 134,500 | – | 0.15% | – | |
| Exit | PUXIN LTD-ADRads | $0 | – | -178,763 | – | -0.10% | – | |
| Exit | LAIX INC - ADRspon ads | $0 | – | -259,851 | – | -0.19% | – | |
| Exit | MOLECULAR DATA INC - ADRsponsored ads | $0 | – | -749,797 | – | -0.21% | – | |
| UGL | Exit | PROSHARES ULTRA GOLDultra gold | $0 | – | -19,100 | – | -0.53% | – |
| PBR | Exit | PETROLEO BRASILEIRO-SPON ADRsponsored adr | $0 | – | -213,500 | – | -1.22% | – |
| FINV | Exit | FINVOLUTION GROUP-ADRsponsored ads | $0 | – | -709,278 | – | -1.65% | – |
| CCJ | Exit | CAMECO CORP CCJ US | $0 | – | -167,800 | – | -1.73% | – |
| DIDI | Exit | DIDI GLOBAL INCsponsored ads | $0 | – | -1,589,400 | – | -2.30% | – |
| NVDA | Exit | NVIDIA CORP NVDA US | $0 | – | -64,600 | – | -4.80% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BEKE | New | KE HOLDINGS INC-ADRsponsored ads | $45,234,000 | – | 2,520,014 | – | 22.16% | – |
| New | ROBINHOOD MARKETS INC - A | $17,354,000 | – | 2,111,200 | – | 8.50% | – | |
| TQQQ | New | PROSHARES ULTRAPRO QQQultrapro qqq | $16,306,000 | – | 679,400 | – | 7.99% | – |
| UBER | New | UBER TECHNOLOGIES INC UBER US | $15,912,000 | – | 777,700 | – | 7.80% | – |
| SNAP | New | SNAP INC - A SNAP UScl a | $13,190,000 | – | 1,004,600 | – | 6.46% | – |
| NVDA | New | NVIDIA CORP NVDA US | $9,793,000 | – | 64,600 | – | 4.80% | – |
| New | PROSHARES ULTRASHORT BLOOMBEulsht bloomb oil | $8,053,000 | – | 351,200 | – | 3.94% | – | |
| BILI | New | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $6,495,000 | – | 253,700 | – | 3.18% | – |
| GOOG | New | ALPHABET INC-CL C GOOG UScap stk cl c | $6,352,000 | – | 2,904 | – | 3.11% | – |
| RAAS | New | CLOOPEN GROUP HOLDING LTDads | $6,052,000 | – | 5,763,492 | – | 2.96% | – |
| PINS | New | PINTEREST INC- CLASS Acl a | $6,042,000 | – | 332,700 | – | 2.96% | – |
| AMZN | New | AMAZON.COM INC AMZN US | $5,948,000 | – | 56,000 | – | 2.91% | – |
| DIDI | New | DIDI GLOBAL INCsponsored ads | $4,689,000 | – | 1,589,400 | – | 2.30% | – |
| SHOP | New | SHOPIFY INC - CLASS Acl a | $4,405,000 | – | 141,000 | – | 2.16% | – |
| TME | New | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $3,700,000 | – | 737,148 | – | 1.81% | – |
| CCJ | New | CAMECO CORP CCJ US | $3,527,000 | – | 167,800 | – | 1.73% | – |
| FINV | New | FINVOLUTION GROUP-ADRsponsored ads | $3,369,000 | – | 709,278 | – | 1.65% | – |
| TALK | New | TALKSPACE INC | $3,285,000 | – | 1,932,612 | – | 1.61% | – |
| New | PEAR THERAPEUTICS INC | $3,191,000 | – | 2,071,865 | – | 1.56% | – | |
| SY | New | SO-YOUNG INTERNATIONAL-ADRsponsored ads | $2,628,000 | – | 3,067,873 | – | 1.29% | – |
| PBR | New | PETROLEO BRASILEIRO-SPON ADRsponsored adr | $2,494,000 | – | 213,500 | – | 1.22% | – |
| DAO | New | YOUDAO INC - ADRsponsored ads | $2,406,000 | – | 489,059 | – | 1.18% | – |
| VIPS | New | VIPSHOP HOLDINGS LTD - ADR VIPS USsponsored ads a | $2,150,000 | – | 217,400 | – | 1.05% | – |
| LITB | New | LIGHTINTHEBOX HOLDING-ADRsponsored adr | $1,975,000 | – | 2,057,023 | – | 0.97% | – |
| New | MOGU INC-ADRspon ads | $1,550,000 | – | 689,100 | – | 0.76% | – | |
| YJ | New | YUNJI INC-ADRads rp cl a | $1,342,000 | – | 1,290,000 | – | 0.66% | – |
| BLDP | New | BALLARD POWER SYSTEMS INC BLDP US | $1,210,000 | – | 192,100 | – | 0.59% | – |
| UGL | New | PROSHARES ULTRA GOLDultra gold | $1,079,000 | – | 19,100 | – | 0.53% | – |
| YANG | New | DRX DLY FTSE CHINA BEAR 3Xdaily ftse china | $999,000 | – | 91,200 | – | 0.49% | – |
| SQ | New | BLOCK INC SQ UScl a | $879,000 | – | 14,300 | – | 0.43% | – |
| PDD | New | PINDUODUO INC-ADR PDD USsponsored ads | $637,000 | – | 10,300 | – | 0.31% | – |
| BABA | New | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $512,000 | – | 4,500 | – | 0.25% | – |
| New | MOLECULAR DATA INC - ADRsponsored ads | $421,000 | – | 749,797 | – | 0.21% | – | |
| New | LAIX INC - ADRspon ads | $382,000 | – | 259,851 | – | 0.19% | – | |
| API | New | AGORA INC-ADRads | $350,000 | – | 53,300 | – | 0.17% | – |
| New | PUXIN LTD-ADRads | $215,000 | – | 178,763 | – | 0.10% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| WDH | Exit | WATERDROP INCads | $0 | – | -243,800 | – | -0.14% | – |
| FENG | Exit | PHOENIX NEW MEDIA LTD -ADR FENG USsponsored ads | $0 | – | -739,800 | – | -0.22% | – |
| YJ | Exit | YUNJI INC-ADRads rp cl a | $0 | – | -1,538,249 | – | -0.26% | – |
| NEW | Exit | PUXIN LTD-ADRads | $0 | – | -2,246,600 | – | -0.30% | – |
| AZUL | Exit | AZUL SA-ADRsponsr adr pfd | $0 | – | -68,200 | – | -0.32% | – |
| BZUN | Exit | BAOZUN INC-SPN ADR BZUN USsponsored adr | $0 | – | -100,200 | – | -0.41% | – |
| MKD | Exit | MOLECULAR DATA INC - ADRsponsored ads | $0 | – | -5,000,000 | – | -0.41% | – |
| TAL | Exit | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $0 | – | -471,100 | – | -0.53% | – |
| HUYA | Exit | HUYA INC-ADR HUYA US | $0 | – | -306,800 | – | -0.59% | – |
| BLDP | Exit | BALLARD POWER SYSTEMS INC BLDP US | $0 | – | -192,100 | – | -0.63% | – |
| LITB | Exit | LIGHTINTHEBOX HOLDING-ADRsponsored adr | $0 | – | -2,137,855 | – | -0.68% | – |
| LAIX | Exit | LAIX INC - ADRads | $0 | – | -3,703,164 | – | -0.77% | – |
| FINV | Exit | FINVOLUTION GROUP-ADRsponsored ads | $0 | – | -709,278 | – | -0.93% | – |
| DAO | Exit | YOUDAO INC - ADRsponsored ads | $0 | – | -541,800 | – | -1.52% | – |
| TALK | Exit | TALKSPACE INC | $0 | – | -1,932,612 | – | -1.64% | – |
| EDU | Exit | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $0 | – | -3,570,300 | – | -1.70% | – |
| MOGU | Exit | MOGU INC-ADRspon ads | $0 | – | -8,347,939 | – | -1.88% | – |
| API | Exit | AGORA INC-ADRads | $0 | – | -293,700 | – | -1.98% | – |
| VIPS | Exit | VIPSHOP HOLDINGS LTD - ADR VIPS USsponsored ads a | $0 | – | -779,800 | – | -2.02% | – |
| UBER | Exit | UBER TECHNOLOGIES INC UBER US | $0 | – | -208,700 | – | -2.17% | – |
| JD | Exit | JD.COM INC-ADR JD USspon adr cl a | $0 | – | -132,400 | – | -2.22% | – |
| SQQQ | Exit | PROSHARES ULTRAPRO SHORT QQQultrapro sht qqq | $0 | – | -1,148,100 | – | -2.30% | – |
| FUTU | Exit | FUTU HOLDINGS LTD-ADRspon ads cl a | $0 | – | -125,600 | – | -2.66% | – |
| IQ | Exit | IQIYI INC-ADR IQ USsponsored ads | $0 | – | -1,562,300 | – | -2.91% | – |
| KWEB | Exit | KRANESHARES CSI CHINA INTERNcsi chi internet | $0 | – | -273,700 | – | -3.01% | – |
| SY | Exit | SO-YOUNG INTERNATIONAL-ADRsponsored ads | $0 | – | -3,067,873 | – | -3.04% | – |
| ZTO | Exit | ZTO EXPRESS CAYMAN INC-ADR ZTO USsponsored ads a | $0 | – | -483,285 | – | -3.44% | – |
| VNET | Exit | VNET GROUP INC-ADR VNET USsponsored ads a | $0 | – | -966,500 | – | -3.89% | – |
| BILI | Exit | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $0 | – | -285,600 | – | -4.39% | – |
| TME | Exit | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $0 | – | -3,101,300 | – | -5.22% | – |
| PDD | Exit | PINDUODUO INC-ADR PDD USsponsored ads | $0 | – | -630,220 | – | -13.27% | – |
| BEKE | Exit | KE HOLDINGS INC-ADRsponsored ads | $0 | – | -8,144,663 | – | -34.55% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BEKE | New | KE HOLDINGS INC-ADRsponsored ads | $148,722,000 | – | 8,144,663 | – | 34.55% | – |
| PDD | Buy | PINDUODUO INC-ADR PDD USsponsored ads | $57,142,000 | +515.1% | 630,220 | +761.7% | 13.27% | +617.1% |
| TME | Buy | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $22,484,000 | -19.1% | 3,101,300 | +72.8% | 5.22% | -5.6% |
| BILI | New | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $18,898,000 | – | 285,600 | – | 4.39% | – |
| VNET | New | VNET GROUP INC-ADR VNET USsponsored ads a | $16,730,000 | – | 966,500 | – | 3.89% | – |
| ZTO | Sell | ZTO EXPRESS CAYMAN INC-ADR ZTO USsponsored ads a | $14,818,000 | -38.6% | 483,285 | -39.2% | 3.44% | -28.4% |
| KWEB | New | KRANESHARES CSI CHINA INTERNcsi chi internet | $12,951,000 | – | 273,700 | – | 3.01% | – |
| IQ | Sell | IQIYI INC-ADR IQ USsponsored ads | $12,545,000 | -48.5% | 1,562,300 | -0.1% | 2.91% | -39.9% |
| FUTU | New | FUTU HOLDINGS LTD-ADRspon ads cl a | $11,432,000 | – | 125,600 | – | 2.66% | – |
| SQQQ | New | PROSHARES ULTRAPRO SHORT QQQultrapro sht qqq | $9,908,000 | – | 1,148,100 | – | 2.30% | – |
| JD | Sell | JD.COM INC-ADR JD USspon adr cl a | $9,565,000 | -76.3% | 132,400 | -73.8% | 2.22% | -72.3% |
| UBER | Sell | UBER TECHNOLOGIES INC UBER US | $9,350,000 | -67.6% | 208,700 | -63.8% | 2.17% | -62.3% |
| API | New | AGORA INC-ADRads | $8,517,000 | – | 293,700 | – | 1.98% | – |
| EDU | Buy | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $7,319,000 | -39.9% | 3,570,300 | +140.2% | 1.70% | -29.9% |
| DAO | Buy | YOUDAO INC - ADRsponsored ads | $6,550,000 | +44.1% | 541,800 | +175.3% | 1.52% | +68.2% |
| FINV | Buy | FINVOLUTION GROUP-ADRsponsored ads | $4,000,000 | +21.2% | 709,278 | +104.7% | 0.93% | +41.4% |
| BLDP | Buy | BALLARD POWER SYSTEMS INC BLDP US | $2,699,000 | +37.0% | 192,100 | +76.7% | 0.63% | +59.9% |
| HUYA | Buy | HUYA INC-ADR HUYA US | $2,559,000 | +44.0% | 306,800 | +204.7% | 0.59% | +67.8% |
| TAL | Buy | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $2,280,000 | -49.0% | 471,100 | +165.9% | 0.53% | -40.5% |
| BZUN | New | BAOZUN INC-SPN ADR BZUN USsponsored adr | $1,757,000 | – | 100,200 | – | 0.41% | – |
| AZUL | Sell | AZUL SA-ADRsponsr adr pfd | $1,368,000 | -62.0% | 68,200 | -50.0% | 0.32% | -55.7% |
| WDH | Sell | WATERDROP INCads | $583,000 | -63.9% | 243,800 | -2.0% | 0.14% | -57.9% |
| BZ | Exit | KANZHUN LTDsponsored ads | $0 | – | -26,000 | – | -0.20% | – |
| DIDI | Exit | DIDI GLOBAL INCsponsored ads | $0 | – | -142,000 | – | -0.40% | – |
| BTBT | Exit | BIT DIGITAL INC | $0 | – | -300,000 | – | -0.41% | – |
| CYH | Exit | COMMUNITY HEALTH SYSTEMS INC CYH US | $0 | – | -151,500 | – | -0.47% | – |
| EBR | Exit | CENTRAIS ELETRICAS BR-SP ADRsponsored adr | $0 | – | -310,400 | – | -0.54% | – |
| LI | Exit | LI AUTO INC - ADRsponsored ads | $0 | – | -92,200 | – | -0.64% | – |
| GOOS | Exit | CANADA GOOSE HOLDINGS INC | $0 | – | -81,200 | – | -0.71% | – |
| INTC | Exit | INTEL CORP | $0 | – | -117,000 | – | -1.31% | – |
| STWD | Exit | STARWOOD PROPERTY TRUST INC | $0 | – | -254,900 | – | -1.33% | – |
| SNAP | Exit | SNAP INC - A SNAP UScl a | $0 | – | -117,500 | – | -1.60% | – |
| BABA | Exit | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $0 | – | -63,050 | – | -2.85% | – |
| PK | Exit | PARK HOTELS & RESORTS INC | $0 | – | -855,300 | – | -3.51% | – |
| Z | Exit | ZILLOW GROUP INC - C Z UScl c cap stk | $0 | – | -164,800 | – | -4.01% | – |
| AAPL | Exit | APPLE INC AAPL US | $0 | – | -151,600 | – | -4.14% | – |
| YY | Exit | JOYY INC-ADR YY US | $0 | – | -354,840 | – | -4.66% | – |
| BA | Exit | BOEING CO/THE | $0 | – | -101,600 | – | -4.85% | – |
| SLG | Exit | SL GREEN REALTY CORP | $0 | – | -333,688 | – | -5.32% | – |
| LU | Exit | LUFAX HOLDING LTD-ADR | $0 | – | -2,627,360 | – | -5.91% | – |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| JD | New | JD.COM INC-ADR JD USspon adr cl a | $40,320,000 | – | 505,200 | – | 8.03% | – |
| LU | New | LUFAX HOLDING LTD-ADR | $29,689,000 | – | 2,627,360 | – | 5.91% | – |
| SY | New | SO-YOUNG INTERNATIONAL-ADRsponsored ads | $29,482,000 | – | 3,067,873 | – | 5.87% | – |
| UBER | New | UBER TECHNOLOGIES INC UBER US | $28,894,000 | – | 576,500 | – | 5.76% | – |
| TME | New | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $27,779,000 | – | 1,794,500 | – | 5.53% | – |
| SLG | New | SL GREEN REALTY CORP | $26,695,000 | – | 333,688 | – | 5.32% | – |
| IQ | New | IQIYI INC-ADR IQ USsponsored ads | $24,359,000 | – | 1,563,500 | – | 4.85% | – |
| BA | New | BOEING CO/THE | $24,339,000 | – | 101,600 | – | 4.85% | – |
| ZTO | New | ZTO EXPRESS CAYMAN INC-ADR ZTO USsponsored ads a | $24,120,000 | – | 794,735 | – | 4.80% | – |
| YY | New | JOYY INC-ADR YY US | $23,409,000 | – | 354,840 | – | 4.66% | – |
| AAPL | New | APPLE INC AAPL US | $20,763,000 | – | 151,600 | – | 4.14% | – |
| Z | New | ZILLOW GROUP INC - C Z UScl c cap stk | $20,142,000 | – | 164,800 | – | 4.01% | – |
| PK | New | PARK HOTELS & RESORTS INC | $17,628,000 | – | 855,300 | – | 3.51% | – |
| TALK | New | TALKSPACE INC | $16,060,000 | – | 1,932,612 | – | 3.20% | – |
| VIPS | New | VIPSHOP HOLDINGS LTD - ADR VIPS USsponsored ads a | $15,658,000 | – | 779,800 | – | 3.12% | – |
| BABA | New | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $14,298,000 | – | 63,050 | – | 2.85% | – |
| MOGU | New | MOGU INC-ADRspon ads | $13,858,000 | – | 8,347,939 | – | 2.76% | – |
| EDU | New | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $12,174,000 | – | 1,486,400 | – | 2.42% | – |
| PDD | New | PINDUODUO INC-ADR PDD USsponsored ads | $9,290,000 | – | 73,140 | – | 1.85% | – |
| SNAP | New | SNAP INC - A SNAP UScl a | $8,006,000 | – | 117,500 | – | 1.60% | – |
| LAIX | New | LAIX INC - ADRads | $6,888,000 | – | 3,703,164 | – | 1.37% | – |
| STWD | New | STARWOOD PROPERTY TRUST INC | $6,671,000 | – | 254,900 | – | 1.33% | – |
| INTC | New | INTEL CORP | $6,568,000 | – | 117,000 | – | 1.31% | – |
| MKD | New | MOLECULAR DATA INC - ADRsponsored ads | $4,675,000 | – | 5,000,000 | – | 0.93% | – |
| DAO | New | YOUDAO INC - ADRsponsored ads | $4,544,000 | – | 196,800 | – | 0.90% | – |
| TAL | New | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $4,471,000 | – | 177,200 | – | 0.89% | – |
| LITB | New | LIGHTINTHEBOX HOLDING-ADRsponsored adr | $4,233,000 | – | 2,137,855 | – | 0.84% | – |
| NEW | New | PUXIN LTD-ADRads | $4,021,000 | – | 2,246,600 | – | 0.80% | – |
| AZUL | New | AZUL SA-ADRsponsr adr pfd | $3,604,000 | – | 136,500 | – | 0.72% | – |
| GOOS | New | CANADA GOOSE HOLDINGS INC | $3,552,000 | – | 81,200 | – | 0.71% | – |
| FINV | New | FINVOLUTION GROUPsponsored ads | $3,299,000 | – | 346,578 | – | 0.66% | – |
| LI | New | LI AUTO INC - ADRsponsored ads | $3,221,000 | – | 92,200 | – | 0.64% | – |
| EBR | New | CENTRAIS ELETRICAS BR-SP ADRsponsored adr | $2,685,000 | – | 310,400 | – | 0.54% | – |
| YJ | New | YUNJI INC-ADRads rp cl a | $2,661,000 | – | 1,538,249 | – | 0.53% | – |
| CYH | New | COMMUNITY HEALTH SYSTEMS INC CYH US | $2,339,000 | – | 151,500 | – | 0.47% | – |
| BTBT | New | BIT DIGITAL INC | $2,052,000 | – | 300,000 | – | 0.41% | – |
| DIDI | New | DIDI GLOBAL INCsponsored ads | $2,008,000 | – | 142,000 | – | 0.40% | – |
| BLDP | New | BALLARD POWER SYSTEMS INC BLDP US | $1,970,000 | – | 108,700 | – | 0.39% | – |
| HUYA | New | HUYA INC-ADR HUYA US | $1,777,000 | – | 100,700 | – | 0.35% | – |
| WDH | New | WATERDROP INCads | $1,613,000 | – | 248,900 | – | 0.32% | – |
| FENG | New | PHOENIX NEW MEDIA LTD -ADR FENG USsponsored ads | $1,147,000 | – | 739,800 | – | 0.23% | – |
| BZ | New | KANZHUN LTDsponsored ads | $1,031,000 | – | 26,000 | – | 0.20% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| EBR | Exit | CENTRAIS ELETRICAS BR-SP ADRsponsored adr | $0 | – | -4,500 | – | -0.01% | – |
| WDC | Exit | WESTERN DIGITAL CORP | $0 | – | -8,800 | – | -0.07% | – |
| ADC | Exit | AGREE REALTY CORP | $0 | – | -6,500 | – | -0.09% | – |
| X | Exit | UNITED STATES STEEL CORP X US | $0 | – | -59,800 | – | -0.09% | – |
| LULU | Exit | LULULEMON ATHLETICA INC LULU US | $0 | – | -1,700 | – | -0.12% | – |
| PTON | Exit | PELOTON INTERACTIVE INC-A | $0 | – | -11,100 | – | -0.24% | – |
| TSLA | Exit | TESLA INC TSLA US | $0 | – | -4,200 | – | -0.38% | – |
| ARNC | Exit | ARCONIC CORP ARNC US | $0 | – | -99,000 | – | -0.40% | – |
| UA | Exit | UNDER ARMOUR INC-CLASS C UA UScl c | $0 | – | -253,900 | – | -0.53% | – |
| SHAK | Exit | SHAKE SHACK INC - CLASS Acl a | $0 | – | -39,400 | – | -0.54% | – |
| GE | Exit | GENERAL ELECTRIC CO GE US | $0 | – | -551,800 | – | -0.73% | – |
| FB | Exit | FACEBOOK INC-CLASS A FB UScl a | $0 | – | -15,300 | – | -0.86% | – |
| TME | Exit | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $0 | – | -288,800 | – | -0.91% | – |
| YJ | Exit | YUNJI INC-ADR YJ USads rp cl a | $0 | – | -2,368,654 | – | -0.93% | – |
| GOOS | Exit | CANADA GOOSE HOLDINGS INC | $0 | – | -143,300 | – | -0.98% | – |
| AAL | Exit | AMERICAN AIRLINES GROUP INC | $0 | – | -385,500 | – | -1.01% | – |
| LITB | Exit | LIGHTINTHEBOX HOLDING-ADRsponsored adr | $0 | – | -2,537,855 | – | -1.04% | – |
| STWD | Exit | STARWOOD PROPERTY TRUST INC | $0 | – | -345,700 | – | -1.11% | – |
| BA | Exit | BOEING CO/THE | $0 | – | -39,300 | – | -1.38% | – |
| AZUL | Exit | AZUL SA-ADRsponsr adr pfd | $0 | – | -529,500 | – | -1.49% | – |
| SE | Exit | SEA LTD-ADRsponsord ads | $0 | – | -45,300 | – | -1.49% | – |
| JD | Exit | JD.COM INC-ADR JD USspon adr cl a | $0 | – | -94,270 | – | -1.56% | – |
| TWTR | Exit | TWITTER INC TWTR US | $0 | – | -168,100 | – | -1.60% | – |
| SLB | Exit | SCHLUMBERGER LTD | $0 | – | -503,800 | – | -1.67% | – |
| DIS | Exit | WALT DISNEY CO/THE DIS US | $0 | – | -72,600 | – | -1.92% | – |
| VIPS | Exit | VIPSHOP HOLDINGS LTD - ADR VIPS USsponsored ads a | $0 | – | -647,433 | – | -2.16% | – |
| LAIX | Exit | LAIX INC - ADRads | $0 | – | -5,663,164 | – | -2.19% | – |
| SQ | Exit | SQUARE INC - A SQ UScl a | $0 | – | -63,700 | – | -2.21% | – |
| UBER | Exit | UBER TECHNOLOGIES INC UBER US | $0 | – | -399,600 | – | -3.11% | – |
| IQ | Exit | IQIYI INC-ADR IQ USsponsored ads | $0 | – | -741,019 | – | -3.57% | – |
| WB | Exit | WEIBO CORP-SPON ADR WB USsponsored adr | $0 | – | -469,639 | – | -3.65% | – |
| BILI | Exit | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $0 | – | -426,347 | – | -3.78% | – |
| BABA | Exit | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $0 | – | -64,222 | – | -4.03% | – |
| ZTO | Exit | ZTO EXPRESS CAYMAN INC-ADR ZTO USsponsored ads a | $0 | – | -633,298 | – | -4.04% | – |
| MOGU | Exit | MOGU INC-ADRspon ads | $0 | – | -8,347,939 | – | -4.18% | – |
| PK | Exit | PARK HOTELS & RESORTS INC | $0 | – | -2,244,400 | – | -4.78% | – |
| NEW | Exit | PUXIN LTD-ADRads | $0 | – | -2,591,270 | – | -4.91% | – |
| SY | Exit | SO-YOUNG INTERNATIONAL-ADRsponsored ads | $0 | – | -1,877,863 | – | -5.00% | – |
| TCOM | Exit | TRIP.COM GROUP LTD-ADRads | $0 | – | -768,800 | – | -5.11% | – |
| PDD | Exit | PINDUODUO INC-ADR PDD USsponsored ads | $0 | – | -491,480 | – | -7.77% | – |
| SLG | Exit | SL GREEN REALTY CORP | $0 | – | -823,600 | – | -8.15% | – |
| LI | Exit | LI AUTO INC - ADRsponsored ads | $0 | – | -2,748,030 | – | -10.19% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LI | New | LI AUTO INC - ADRsponsored ads | $47,788,000 | – | 2,748,030 | – | 10.19% | – |
| SLG | Sell | SL GREEN REALTY CORP | $38,190,000 | -11.6% | 823,600 | -6.0% | 8.15% | -1.0% |
| PDD | Sell | PINDUODUO INC-ADR PDD USsponsored ads | $36,443,000 | -28.2% | 491,480 | -16.9% | 7.77% | -19.7% |
| TCOM | Sell | TRIP.COM GROUP LTD-ADRads | $23,940,000 | +10.4% | 768,800 | -8.1% | 5.11% | +23.6% |
| NEW | Sell | PUXIN LTD-ADRads | $23,036,000 | +62.1% | 2,591,270 | -5.9% | 4.91% | +81.4% |
| PK | Buy | PARK HOTELS & RESORTS INC | $22,422,000 | +51.7% | 2,244,400 | +50.2% | 4.78% | +69.8% |
| ZTO | Sell | ZTO EXPRESS CAYMAN INC-ADR ZTO USsponsored ads a | $18,948,000 | -29.0% | 633,298 | -12.9% | 4.04% | -20.5% |
| BABA | Sell | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $18,880,000 | +21.9% | 64,222 | -10.5% | 4.03% | +36.5% |
| BILI | Buy | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $17,736,000 | +22.7% | 426,347 | +36.6% | 3.78% | +37.3% |
| WB | Sell | WEIBO CORP-SPON ADR WB USsponsored adr | $17,109,000 | -7.2% | 469,639 | -14.4% | 3.65% | +3.8% |
| IQ | Buy | IQIYI INC-ADR IQ USsponsored ads | $16,732,000 | +34.6% | 741,019 | +38.3% | 3.57% | +50.7% |
| UBER | Buy | UBER TECHNOLOGIES INC UBER US | $14,577,000 | +461.7% | 399,600 | +378.6% | 3.11% | +528.1% |
| SQ | Buy | SQUARE INC - A SQ UScl a | $10,354,000 | +224.6% | 63,700 | +109.5% | 2.21% | +263.3% |
| VIPS | Sell | VIPSHOP HOLDINGS LTD - ADR VIPS USsponsored ads a | $10,126,000 | -45.4% | 647,433 | -30.5% | 2.16% | -38.9% |
| DIS | Sell | WALT DISNEY CO/THE DIS US | $9,008,000 | -53.6% | 72,600 | -58.3% | 1.92% | -48.1% |
| SLB | Sell | SCHLUMBERGER LTD | $7,839,000 | -23.1% | 503,800 | -9.1% | 1.67% | -13.9% |
| TWTR | Sell | TWITTER INC TWTR US | $7,480,000 | +13.5% | 168,100 | -24.0% | 1.60% | +27.1% |
| JD | Sell | JD.COM INC-ADR JD USspon adr cl a | $7,316,000 | -71.1% | 94,270 | -77.6% | 1.56% | -67.6% |
| SE | Sell | SEA LTD-ADRsponsord ads | $6,978,000 | +25.6% | 45,300 | -12.5% | 1.49% | +40.5% |
| AZUL | Buy | AZUL SA-ADRsponsr adr pfd | $6,968,000 | +53.8% | 529,500 | +30.6% | 1.49% | +72.0% |
| GOOS | Sell | CANADA GOOSE HOLDINGS INC | $4,610,000 | +26.4% | 143,300 | -9.0% | 0.98% | +41.4% |
| YJ | Sell | YUNJI INC-ADR YJ USads rp cl a | $4,358,000 | -39.0% | 2,368,654 | -10.8% | 0.93% | -31.7% |
| TME | Sell | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $4,266,000 | -46.7% | 288,800 | -51.4% | 0.91% | -40.4% |
| FB | Sell | FACEBOOK INC-CLASS A FB UScl a | $4,007,000 | -44.3% | 15,300 | -51.7% | 0.86% | -37.7% |
| GE | Sell | GENERAL ELECTRIC CO GE US | $3,438,000 | -20.1% | 551,800 | -12.4% | 0.73% | -10.6% |
| UA | Sell | UNDER ARMOUR INC-CLASS C UA UScl c | $2,498,000 | -5.2% | 253,900 | -14.8% | 0.53% | +6.2% |
| ARNC | Sell | ARCONIC CORP ARNC US | $1,886,000 | -34.3% | 99,000 | -52.0% | 0.40% | -26.5% |
| TSLA | Sell | TESLA INC TSLA US | $1,802,000 | -85.7% | 4,200 | -64.1% | 0.38% | -84.1% |
| PTON | New | PELOTON INTERACTIVE INC-A | $1,102,000 | – | 11,100 | – | 0.24% | – |
| LULU | Buy | LULULEMON ATHLETICA INC LULU US | $560,000 | +49.7% | 1,700 | +41.7% | 0.12% | +67.6% |
| X | New | UNITED STATES STEEL CORP X US | $439,000 | – | 59,800 | – | 0.09% | – |
| ADC | New | AGREE REALTY CORP | $414,000 | – | 6,500 | – | 0.09% | – |
| WDC | New | WESTERN DIGITAL CORP | $322,000 | – | 8,800 | – | 0.07% | – |
| EBR | Sell | CENTRAIS ELETRICAS BR-SP ADRsponsored adr | $25,000 | -93.2% | 4,500 | -93.1% | 0.01% | -93.0% |
| SPOT | Exit | SPOTIFY TECHNOLOGY SA SPOT US | $0 | – | -600 | – | -0.03% | – |
| PBR | Exit | PETROLEO BRASILEIRO-SPON ADRsponsored adr | $0 | – | -135,300 | – | -0.21% | – |
| SINA | Exit | SINA CORP SINA USord | $0 | – | -381,522 | – | -2.61% | – |
| TAL | Exit | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $0 | – | -247,400 | – | -3.22% | – |
| EDU | Exit | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $0 | – | -136,900 | – | -3.40% | – |
| YY | Exit | JOYY INC YY US | $0 | – | -241,672 | – | -4.08% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PDD | New | PINDUODUO INC-ADR PDD USsponsored ads | $50,774,000 | – | 591,500 | – | 9.68% | – |
| SLG | New | SL GREEN REALTY CORP | $43,188,000 | – | 876,200 | – | 8.23% | – |
| ZTO | New | ZTO EXPRESS CAYMAN INC-ADR ZTO USsponsored ads a | $26,693,000 | – | 727,138 | – | 5.09% | – |
| SY | New | SO-YOUNG INTERNATIONAL-ADRsponsored ads | $25,483,000 | – | 1,877,863 | – | 4.86% | – |
| JD | New | JD.COM INC-ADR JD USspon adr cl a | $25,306,000 | – | 420,500 | – | 4.82% | – |
| TCOM | New | TRIP.COM GROUP LTD-ADRads | $21,682,000 | – | 836,500 | – | 4.13% | – |
| YY | New | JOYY INC YY US | $21,400,000 | – | 241,672 | – | 4.08% | – |
| DIS | New | WALT DISNEY CO/THE DIS US | $19,414,000 | – | 174,100 | – | 3.70% | – |
| VIPS | New | VIPSHOP HOLDINGS LTD - ADR VIPS USsponsored ads a | $18,537,000 | – | 931,033 | – | 3.53% | – |
| WB | New | WEIBO CORP-SPON ADR WB USsponsored adr | $18,438,000 | – | 548,759 | – | 3.51% | – |
| EDU | New | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $17,828,000 | – | 136,900 | – | 3.40% | – |
| TAL | New | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $16,917,000 | – | 247,400 | – | 3.22% | – |
| BABA | New | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $15,486,000 | – | 71,792 | – | 2.95% | – |
| MOGU | New | MOGU INC-ADRspon ads | $15,026,000 | – | 8,347,939 | – | 2.86% | – |
| PK | New | PARK HOTELS & RESORTS INC | $14,780,000 | – | 1,494,400 | – | 2.82% | – |
| BILI | New | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $14,459,000 | – | 312,157 | – | 2.76% | – |
| NEW | New | PUXIN LTD-ADRads | $14,215,000 | – | 2,754,770 | – | 2.71% | – |
| LAIX | New | LAIX INC - ADRads | $14,158,000 | – | 5,663,164 | – | 2.70% | – |
| SINA | New | SINA CORP SINA USord | $13,700,000 | – | 381,522 | – | 2.61% | – |
| TSLA | New | TESLA INC TSLA US | $12,634,000 | – | 11,700 | – | 2.41% | – |
| IQ | New | IQIYI INC-ADR IQ USsponsored ads | $12,427,000 | – | 535,866 | – | 2.37% | – |
| SLB | New | SCHLUMBERGER LTD | $10,194,000 | – | 554,300 | – | 1.94% | – |
| TME | New | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $8,006,000 | – | 594,800 | – | 1.53% | – |
| BA | New | BOEING CO/THE | $7,204,000 | – | 39,300 | – | 1.37% | – |
| FB | New | FACEBOOK INC-CLASS A FB UScl a | $7,198,000 | – | 31,700 | – | 1.37% | – |
| YJ | New | YUNJI INC-ADR YJ USads rp cl a | $7,142,000 | – | 2,654,870 | – | 1.36% | – |
| TWTR | New | TWITTER INC TWTR US | $6,593,000 | – | 221,300 | – | 1.26% | – |
| SE | New | SEA LTD-ADRsponsored ads | $5,555,000 | – | 51,800 | – | 1.06% | – |
| STWD | New | STARWOOD PROPERTY TRUST INC | $5,172,000 | – | 345,700 | – | 0.99% | – |
| AAL | New | AMERICAN AIRLINES GROUP INC | $5,038,000 | – | 385,500 | – | 0.96% | – |
| AZUL | New | AZUL SA-ADRsponsr adr pfd | $4,532,000 | – | 405,400 | – | 0.86% | – |
| GE | New | GENERAL ELECTRIC CO GE US | $4,304,000 | – | 630,100 | – | 0.82% | – |
| GOOS | New | CANADA GOOSE HOLDINGS INC | $3,647,000 | – | 157,400 | – | 0.70% | – |
| SQ | New | SQUARE INC - A SQ UScl a | $3,190,000 | – | 30,400 | – | 0.61% | – |
| ARNC | New | ARCONIC CORP ARNC US | $2,872,000 | – | 206,200 | – | 0.55% | – |
| UA | New | UNDER ARMOUR INC-CLASS C UA UScl c | $2,635,000 | – | 298,100 | – | 0.50% | – |
| UBER | New | UBER TECHNOLOGIES INC UBER US | $2,595,000 | – | 83,500 | – | 0.50% | – |
| LITB | New | LIGHTINTHEBOX HOLDING-ADRsponsored adr | $2,228,000 | – | 2,537,855 | – | 0.42% | – |
| SHAK | New | SHAKE SHACK INC - CLASS Acl a | $2,087,000 | – | 39,400 | – | 0.40% | – |
| PBR | New | PETROLEO BRASILEIRO-SPON ADRsponsored adr | $1,119,000 | – | 135,300 | – | 0.21% | – |
| EBR | New | CENTRAIS ELETRICAS BR-SP ADRsponsored adr | $370,000 | – | 65,200 | – | 0.07% | – |
| LULU | New | LULULEMON ATHLETICA INC LULU US | $374,000 | – | 1,200 | – | 0.07% | – |
| SPOT | New | SPOTIFY TECHNOLOGY SA SPOT US | $155,000 | – | 600 | – | 0.03% | – |
Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| HUYA | Exit | HUYA INC-ADR HUYA US | $0 | – | -14,400 | – | -0.08% | – |
| PDD | Exit | PINDUODUO INC-ADR PDD USsponsored ads | $0 | – | -19,800 | – | -0.14% | – |
| GOOG | Exit | ALPHABET INC-CL C GOOG UScap stk cl c | $0 | – | -900 | – | -0.24% | – |
| UBER | Exit | UBER TECHNOLOGIES INC UBER US | $0 | – | -36,500 | – | -0.24% | – |
| HAL | Exit | HALLIBURTON CO HAL US | $0 | – | -60,500 | – | -0.25% | – |
| GE | Exit | GENERAL ELECTRIC CO GE US | $0 | – | -162,400 | – | -0.32% | – |
| YELP | Exit | YELP INC YELP UScl a | $0 | – | -72,506 | – | -0.55% | – |
| LITB | Exit | LIGHTINTHEBOX HOLDING-ADRsponsored adr | $0 | – | -2,537,855 | – | -0.67% | – |
| FB | Exit | FACEBOOK INC-CLASS A FB UScl a | $0 | – | -17,600 | – | -0.69% | – |
| AMZN | Exit | AMAZON.COM INC AMZN US | $0 | – | -1,900 | – | -0.72% | – |
| Z | Exit | ZILLOW GROUP INC - C Z UScl c cap stk | $0 | – | -110,800 | – | -0.72% | – |
| M | Exit | MACY'S INC M US | $0 | – | -342,000 | – | -1.17% | – |
| JD | Exit | JD.COM INC-ADR JD USspon adr cl a | $0 | – | -228,500 | – | -1.41% | – |
| IQ | Exit | IQIYI INC-ADR IQ USsponsored ads | $0 | – | -537,700 | – | -1.90% | – |
| TME | Exit | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $0 | – | -896,900 | – | -2.51% | – |
| YJ | Exit | YUNJI INC-ADR YJ USads rp cl a | $0 | – | -2,073,639 | – | -3.12% | – |
| YY | Exit | YY INC-ADR YY USsponsored ads a | $0 | – | -315,071 | – | -3.89% | – |
| VIPS | Exit | VIPSHOP HOLDINGS LTD - ADR VIPS USsponsored ads a | $0 | – | -2,144,100 | – | -4.20% | – |
| SINA | Exit | SINA CORP SINA USord | $0 | – | -587,900 | – | -5.05% | – |
| NEW | Exit | PUXIN LTD-ADRads | $0 | – | -2,979,470 | – | -5.21% | – |
| LAIX | Exit | LAIX INC - ADRads | $0 | – | -5,663,164 | – | -5.34% | – |
| BILI | Exit | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $0 | – | -1,822,282 | – | -5.64% | – |
| ZTO | Exit | ZTO EXPRESS CAYMAN INC-ADR ZTO USsponsored ads a | $0 | – | -1,767,822 | – | -8.27% | – |
| TAL | Exit | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $0 | – | -1,109,925 | – | -8.34% | – |
| WB | Exit | WEIBO CORP-SPON ADR WB USsponsored adr | $0 | – | -1,016,916 | – | -9.98% | – |
| BABA | Exit | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $0 | – | -800,000 | – | -29.34% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BABA | Sell | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $133,784,000 | -12.4% | 800,000 | -11.2% | 29.34% | -11.6% |
| WB | Buy | WEIBO CORP-SPON ADR WB USsponsored adr | $45,507,000 | +122.5% | 1,016,916 | +116.5% | 9.98% | +124.5% |
| TAL | Buy | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $38,004,000 | +144.4% | 1,109,925 | +171.9% | 8.34% | +146.6% |
| ZTO | Sell | ZTO EXPRESS CAYMAN INC-ADR ZTO USsponsored ads a | $37,708,000 | +1.3% | 1,767,822 | -9.2% | 8.27% | +2.2% |
| BILI | Buy | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $25,731,000 | -5.1% | 1,822,282 | +9.3% | 5.64% | -4.3% |
| SINA | Buy | SINA CORP SINA USord | $23,040,000 | +474.4% | 587,900 | +532.2% | 5.05% | +479.5% |
| VIPS | New | VIPSHOP HOLDINGS LTD - ADR VIPS USsponsored ads a | $19,125,000 | – | 2,144,100 | – | 4.20% | – |
| YY | Buy | YY INC-ADR YY USsponsored ads a | $17,716,000 | +163.7% | 315,071 | +226.8% | 3.89% | +166.2% |
| YJ | Sell | YUNJI INC-ADR YJ USads rp cl a | $14,246,000 | -46.3% | 2,073,639 | -11.7% | 3.12% | -45.8% |
| TME | Sell | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $11,453,000 | -42.3% | 896,900 | -32.3% | 2.51% | -41.8% |
| IQ | New | IQIYI INC-ADR IQ USsponsored ads | $8,673,000 | – | 537,700 | – | 1.90% | – |
| JD | Buy | JD.COM INC-ADR JD USspon adr cl a | $6,446,000 | +158.9% | 228,500 | +178.0% | 1.41% | +161.4% |
| M | Buy | MACY'S INC M US | $5,315,000 | -5.9% | 342,000 | +30.0% | 1.17% | -5.0% |
| Z | Buy | ZILLOW GROUP INC - C Z UScl c cap stk | $3,304,000 | +962.4% | 110,800 | +1553.7% | 0.72% | +966.2% |
| AMZN | Buy | AMAZON.COM INC AMZN US | $3,298,000 | +190.3% | 1,900 | +216.7% | 0.72% | +192.7% |
| FB | Sell | FACEBOOK INC-CLASS A FB UScl a | $3,134,000 | -71.5% | 17,600 | -69.1% | 0.69% | -71.3% |
| YELP | Sell | YELP INC YELP UScl a | $2,520,000 | -49.2% | 72,506 | -50.0% | 0.55% | -48.7% |
| GE | New | GENERAL ELECTRIC CO GE US | $1,452,000 | – | 162,400 | – | 0.32% | – |
| HAL | New | HALLIBURTON CO HAL US | $1,140,000 | – | 60,500 | – | 0.25% | – |
| UBER | New | UBER TECHNOLOGIES INC UBER US | $1,112,000 | – | 36,500 | – | 0.24% | – |
| GOOG | Sell | ALPHABET INC-CL C GOOG UScap stk cl c | $1,097,000 | -46.6% | 900 | -52.6% | 0.24% | -46.0% |
| PDD | Sell | PINDUODUO INC-ADR PDD USsponsored ads | $638,000 | -96.4% | 19,800 | -97.7% | 0.14% | -96.4% |
| HUYA | New | HUYA INC-ADR HUYA US | $340,000 | – | 14,400 | – | 0.08% | – |
| SVMK | Exit | SVMK INC SVMK US | $0 | – | -15,800 | – | -0.06% | – |
| CYH | Exit | COMMUNITY HEALTH SYSTEMS INC CYH US | $0 | – | -120,152 | – | -0.07% | – |
| AAPL | Exit | APPLE INC AAPL US | $0 | – | -2,600 | – | -0.11% | – |
| L100PS | Exit | ARCONIC INC ARNC US | $0 | – | -22,700 | – | -0.13% | – |
| EC | Exit | ECOPETROL SA-SPONSORED ADR EC USsponsored ads | $0 | – | -55,400 | – | -0.22% | – |
| SNAP | Exit | SNAP INC - A SNAP UScl a | $0 | – | -72,400 | – | -0.22% | – |
| VALE | Exit | VALE SA-SP ADR VALE USsponsored ads | $0 | – | -83,200 | – | -0.24% | – |
| EDU | Exit | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $0 | – | -28,200 | – | -0.59% | – |
| X | Exit | UNITED STATES STEEL CORP X US | $0 | – | -362,200 | – | -1.20% | – |
| FCX | Exit | FREEPORT-MCMORAN INC FCX UScl b | $0 | – | -823,400 | – | -2.08% | – |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BABA | New | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $152,742,000 | – | 901,400 | – | 33.20% | – |
| LAIX | New | LAIX INC - ADRads | $59,350,000 | – | 5,663,164 | – | 12.90% | – |
| ZTO | New | ZTO EXPRESS CAYMAN INC-ADR ZTO USsponsored ads a | $37,235,000 | – | 1,947,422 | – | 8.09% | – |
| BILI | New | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $27,125,000 | – | 1,667,182 | – | 5.90% | – |
| YJ | New | YUNJI INC-ADR YJ USads rp cl a | $26,539,000 | – | 2,348,559 | – | 5.77% | – |
| WB | New | WEIBO CORP-SPON ADR WB USsponsored adr | $20,456,000 | – | 469,716 | – | 4.45% | – |
| TME | New | TENCENT MUSIC ENTERTAINM-ADR TME USspon ads | $19,850,000 | – | 1,324,200 | – | 4.31% | – |
| NEW | New | PUXIN LTD-ADRads | $18,711,000 | – | 2,979,470 | – | 4.07% | – |
| PDD | New | PINDUODUO INC-ADR PDD USsponsored ads | $17,800,000 | – | 862,811 | – | 3.87% | – |
| TAL | New | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $15,551,000 | – | 408,168 | – | 3.38% | – |
| FB | New | FACEBOOK INC-A FB UScl a | $11,001,000 | – | 57,000 | – | 2.39% | – |
| FCX | New | FREEPORT-MCMORAN INC FCX UScl b | $9,560,000 | – | 823,400 | – | 2.08% | – |
| YY | New | YY INC-ADR YY USsponsored ads a | $6,718,000 | – | 96,400 | – | 1.46% | – |
| M | New | MACY'S INC M US | $5,646,000 | – | 263,100 | – | 1.23% | – |
| X | New | UNITED STATES STEEL CORP X US | $5,545,000 | – | 362,200 | – | 1.20% | – |
| YELP | New | YELP INC YELP UScl a | $4,960,000 | – | 145,106 | – | 1.08% | – |
| SINA | New | SINA CORP SINA USord | $4,011,000 | – | 93,000 | – | 0.87% | – |
| LITB | New | LIGHTINTHEBOX HOLDING-ADRsponsored adr | $3,756,000 | – | 2,537,855 | – | 0.82% | – |
| EDU | New | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $2,724,000 | – | 28,200 | – | 0.59% | – |
| JD | New | JD.COM INC-ADR JD USspon adr cl a | $2,490,000 | – | 82,200 | – | 0.54% | – |
| GOOG | New | ALPHABET INC-CL C GOOG UScap stk cl c | $2,054,000 | – | 1,900 | – | 0.45% | – |
| AMZN | New | AMAZON.COM INC AMZN US | $1,136,000 | – | 600 | – | 0.25% | – |
| VALE | New | VALE SA-SP ADR VALE USsponsored ads | $1,118,000 | – | 83,200 | – | 0.24% | – |
| SNAP | New | SNAP INC - A SNAP UScl a | $1,035,000 | – | 72,400 | – | 0.22% | – |
| EC | New | ECOPETROL SA-SPONSORED ADR EC USsponsored ads | $1,013,000 | – | 55,400 | – | 0.22% | – |
| L100PS | New | ARCONIC INC ARNC US | $586,000 | – | 22,700 | – | 0.13% | – |
| AAPL | New | APPLE INC AAPL US | $515,000 | – | 2,600 | – | 0.11% | – |
| CYH | New | COMMUNITY HEALTH SYSTEMS INC CYH US | $321,000 | – | 120,152 | – | 0.07% | – |
| Z | New | ZILLOW GROUP INC - C Z UScl c cap stk | $311,000 | – | 6,700 | – | 0.07% | – |
| SVMK | New | SVMK INC SVMK US | $261,000 | – | 15,800 | – | 0.06% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GOOG | Exit | ALPHABET INC-CL C GOOG UScap stk cl c | $0 | – | -400 | – | -0.18% | – |
| YY | Exit | YY INC-ADR YY US | $0 | – | -11,800 | – | -0.33% | – |
| AAPL | Exit | APPLE INC AAPL US | $0 | – | -5,500 | – | -0.46% | – |
| YELP | Exit | YELP INC YELP UScl a | $0 | – | -35,900 | – | -0.65% | – |
| TWTR | Exit | TWITTER INC TWTR US | $0 | – | -62,100 | – | -0.65% | – |
| NTR | Exit | NUTRIEN LTD NTR US | $0 | – | -32,280 | – | -0.69% | – |
| SNAP | Exit | SNAP INC - A SNAP UScl a | $0 | – | -269,900 | – | -0.85% | – |
| GILD | Exit | GILEAD SCIENCES INC GILD US | $0 | – | -52,500 | – | -1.50% | – |
| VIPS | Exit | VIPSHOP HOLDINGS LTD - ADS VIPS USsponsored adr | $0 | – | -802,100 | – | -1.85% | – |
| NKE | Exit | NIKE INC -CL B NKE UScl b | $0 | – | -63,000 | – | -1.97% | – |
| AMZN | Exit | AMAZON.COM INC AMZN US | $0 | – | -3,600 | – | -2.67% | – |
| EDU | Exit | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $0 | – | -99,377 | – | -2.72% | – |
| FB | Exit | FACEBOOK INC-A FB UScl a | $0 | – | -45,400 | – | -2.76% | – |
| PDD | Exit | PINDUODUO INC-ADR PDD USsponsored ads | $0 | – | -354,100 | – | -3.44% | – |
| SOGO | Exit | SOGOU INC-ADR SOGO USadr repstg a | $0 | – | -1,312,944 | – | -3.61% | – |
| LB | Exit | L BRANDS INC LB US | $0 | – | -459,800 | – | -5.15% | – |
| NTES | Exit | NETEASE INC-ADR NTES USsponsored adr | $0 | – | -105,571 | – | -8.91% | – |
| BABA | Exit | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $0 | – | -154,364 | – | -9.41% | – |
| BILI | Exit | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $0 | – | -1,978,412 | – | -9.86% | – |
| BZUN | Exit | BAOZUN INC-SPN ADR BZUN USsponsored adr | $0 | – | -785,249 | – | -14.11% | – |
| TAL | Exit | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $0 | – | -2,967,961 | – | -28.22% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TAL | Buy | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $76,306,000 | -24.4% | 2,967,961 | +8.3% | 28.22% | -7.9% |
| BZUN | Sell | BAOZUN INC-SPN ADR BZUN USsponsored adr | $38,147,000 | -20.6% | 785,249 | -10.6% | 14.11% | -3.4% |
| BILI | Buy | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $26,669,000 | +48.9% | 1,978,412 | +54.5% | 9.86% | +81.3% |
| BABA | Sell | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $25,433,000 | -20.9% | 154,364 | -10.9% | 9.41% | -3.6% |
| LB | Sell | L BRANDS INC LB US | $13,932,000 | -22.7% | 459,800 | -5.9% | 5.15% | -5.9% |
| SOGO | Buy | SOGOU INC-ADR SOGO USadr repstg a | $9,755,000 | -22.9% | 1,312,944 | +18.6% | 3.61% | -6.1% |
| PDD | New | PINDUODUO INC-ADR PDD USsponsored ads | $9,309,000 | – | 354,100 | – | 3.44% | – |
| FB | New | FACEBOOK INC-A FB UScl a | $7,466,000 | – | 45,400 | – | 2.76% | – |
| EDU | Sell | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $7,355,000 | -71.0% | 99,377 | -62.9% | 2.72% | -64.7% |
| VIPS | New | VIPSHOP HOLDINGS LTD - ADS VIPS USsponsored adr | $5,005,000 | – | 802,100 | – | 1.85% | – |
| GILD | Sell | GILEAD SCIENCES INC GILD US | $4,054,000 | -27.9% | 52,500 | -33.9% | 1.50% | -12.2% |
| NTR | Sell | NUTRIEN LTD NTR US | $1,863,000 | -17.4% | 32,280 | -22.2% | 0.69% | +0.6% |
| TWTR | New | TWITTER INC TWTR US | $1,767,000 | – | 62,100 | – | 0.65% | – |
| YELP | Buy | YELP INC YELP UScl a | $1,766,000 | +52.2% | 35,900 | +21.3% | 0.65% | +85.5% |
| AAPL | New | APPLE INC AAPL US | $1,242,000 | – | 5,500 | – | 0.46% | – |
| YY | New | YY INC-ADR YY US | $884,000 | – | 11,800 | – | 0.33% | – |
| GOOG | New | ALPHABET INC-CL C GOOG UScap stk cl c | $477,000 | – | 400 | – | 0.18% | – |
| CMCM | Exit | CHEETAH MOBILE INC - ADR CMCM USadr | $0 | – | -15,600 | – | -0.04% | – |
| XNET | Exit | XUNLEI LTD-ADR XNET USsponsored adr | $0 | – | -122,800 | – | -0.40% | – |
| CVS | Exit | CVS HEALTH CORP CVS US | $0 | – | -55,600 | – | -1.09% | – |
| CTRP | Exit | CTRIP.COM INTERNATIONAL-ADR CTRP US | $0 | – | -394,300 | – | -5.70% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TAL | New | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $100,894,000 | – | 2,741,697 | – | 30.64% | – |
| BZUN | New | BAOZUN INC-SPN ADR BZUN USsponsored adr | $48,067,000 | – | 878,737 | – | 14.60% | – |
| BABA | New | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $32,146,000 | – | 173,264 | – | 9.76% | – |
| NTES | New | NETEASE INC-ADR NTES USsponsored adr | $26,675,000 | – | 105,571 | – | 8.10% | – |
| EDU | New | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $25,345,000 | – | 267,749 | – | 7.70% | – |
| CTRP | New | CTRIP.COM INTERNATIONAL-ADR CTRP US | $18,781,000 | – | 394,300 | – | 5.70% | – |
| LB | New | L BRANDS INC LB US | $18,023,000 | – | 488,700 | – | 5.47% | – |
| BILI | New | BILIBILI INC-SPONSORED ADR BILI USspons ads rep z | $17,916,000 | – | 1,280,600 | – | 5.44% | – |
| SOGO | New | SOGOU INC-ADR SOGO USadr repstg a | $12,658,000 | – | 1,107,465 | – | 3.84% | – |
| AMZN | New | AMAZON.COM INC AMZN US | $6,119,000 | – | 3,600 | – | 1.86% | – |
| GILD | New | GILEAD SCIENCES INC GILD US | $5,625,000 | – | 79,400 | – | 1.71% | – |
| NKE | New | NIKE INC -CL B NKE UScl b | $5,020,000 | – | 63,000 | – | 1.52% | – |
| CVS | New | CVS HEALTH CORP CVS US | $3,578,000 | – | 55,600 | – | 1.09% | – |
| SNAP | New | SNAP INC - A SNAP UScl a | $3,533,000 | – | 269,900 | – | 1.07% | – |
| NTR | New | NUTRIEN LTD NTR US | $2,256,000 | – | 41,480 | – | 0.68% | – |
| XNET | New | XUNLEI LTD-ADR XNET USsponsored adr | $1,314,000 | – | 122,800 | – | 0.40% | – |
| YELP | New | YELP INC YELP UScl a | $1,160,000 | – | 29,600 | – | 0.35% | – |
| CMCM | New | CHEETAH MOBILE INC - ADR CMCM USadr | $149,000 | – | 15,600 | – | 0.04% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PYPL | Exit | PAYPAL HOLDINGS INC PYPL US | $0 | – | -12,600 | – | -0.29% | – |
| VIPS | Exit | VIPSHOP HOLDINGS LTD - ADS VIPS USsponsored adr | $0 | – | -99,300 | – | -0.31% | – |
| AMD | Exit | ADVANCED MICRO DEVICES AMD US | $0 | – | -75,000 | – | -0.34% | – |
| FB | Exit | FACEBOOK INC-A FB UScl a | $0 | – | -9,100 | – | -0.56% | – |
| GILD | Exit | GILEAD SCIENCES INC GILD US | $0 | – | -20,200 | – | -0.59% | – |
| M | Exit | MACY'S INC M US | $0 | – | -80,600 | – | -0.63% | – |
| SNAP | Exit | SNAP INC - A SNAP UScl a | $0 | – | -251,800 | – | -1.32% | – |
| TSLA | Exit | TESLA INC TSLA US | $0 | – | -11,100 | – | -1.36% | – |
| VRX | Exit | VALEANT PHARMACEUTICALS INTE VRX US | $0 | – | -593,200 | – | -3.06% | – |
| AMZN | Exit | AMAZON.COM INC AMZN US | $0 | – | -11,700 | – | -4.05% | – |
| EDU | Exit | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $0 | – | -184,778 | – | -5.87% | – |
| JD | Exit | JD.COM INC-ADR JD USspon adr cl a | $0 | – | -462,800 | – | -6.36% | – |
| BZUN | Exit | BAOZUN INC-SPN ADR BZUN USsponsored adr | $0 | – | -1,367,839 | – | -16.13% | – |
| BABA | Exit | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $0 | – | -397,100 | – | -24.69% | – |
| TAL | Exit | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $0 | – | -2,836,432 | – | -34.42% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TAL | Buy | TAL EDUCATION GROUP- ADR TAL USsponsored ads | $95,616,000 | +50.0% | 2,836,432 | +444.4% | 34.42% | +16.2% |
| BABA | New | ALIBABA GROUP HOLDING-SP ADR BABA USsponsored ads | $68,583,000 | – | 397,100 | – | 24.69% | – |
| BZUN | New | BAOZUN INC-SPN ADR BZUN USsponsored adr | $44,810,000 | – | 1,367,839 | – | 16.13% | – |
| JD | Sell | JD.COM INC-ADR JD USspon adr cl a | $17,679,000 | -65.1% | 462,800 | -64.1% | 6.36% | -72.9% |
| EDU | Sell | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $16,309,000 | +17.9% | 184,778 | -5.9% | 5.87% | -8.7% |
| AMZN | Buy | AMAZON.COM INC AMZN US | $11,248,000 | +241.8% | 11,700 | +244.1% | 4.05% | +164.8% |
| VRX | Buy | VALEANT PHARMACEUTICALS INTE VRX US | $8,501,000 | +99.2% | 593,200 | +140.5% | 3.06% | +54.3% |
| TSLA | Buy | TESLA INC TSLA US | $3,786,000 | +54.0% | 11,100 | +63.2% | 1.36% | +19.2% |
| SNAP | Buy | SNAP INC - A SNAP UScl a | $3,661,000 | +12975.0% | 251,800 | +15637.5% | 1.32% | +10038.5% |
| M | Buy | MACY'S INC M US | $1,759,000 | +60.6% | 80,600 | +71.1% | 0.63% | +24.4% |
| GILD | Sell | GILEAD SCIENCES INC GILD US | $1,637,000 | -41.6% | 20,200 | -49.0% | 0.59% | -54.8% |
| FB | New | FACEBOOK INC-A FB UScl a | $1,555,000 | – | 9,100 | – | 0.56% | – |
| AMD | New | ADVANCED MICRO DEVICES AMD US | $956,000 | – | 75,000 | – | 0.34% | – |
| VIPS | New | VIPSHOP HOLDINGS LTD - ADS VIPS USsponsored adr | $873,000 | – | 99,300 | – | 0.31% | – |
| PYPL | New | PAYPAL HOLDINGS INC PYPL US | $807,000 | – | 12,600 | – | 0.29% | – |
| NVDA | Exit | NVIDIA CORP NVDA US | $0 | – | -800 | – | -0.05% | – |
| CVS | Exit | CVS HEALTH CORP CVS US | $0 | – | -1,500 | – | -0.06% | – |
| LULU | Exit | LULULEMON ATHLETICA INC LULU US | $0 | – | -6,100 | – | -0.17% | – |
| TWTR | Exit | TWITTER INC TWTR US | $0 | – | -22,800 | – | -0.19% | – |
| GOOG | Exit | ALPHABET INC-CL C GOOG UScap stk cl c | $0 | – | -850 | – | -0.36% | – |
| UA | Exit | UNDER ARMOUR INC-CLASS C UA UScl c | $0 | – | -53,800 | – | -0.50% | – |
| X | Exit | UNITED STATES STEEL CORP X US | $0 | – | -136,400 | – | -1.40% | – |
| YELP | Exit | YELP INC YELP UScl a | $0 | – | -101,600 | – | -1.42% | – |
| NKE | Exit | NIKE INC -CL B NKE UScl b | $0 | – | -62,000 | – | -1.70% | – |
| CMCM | Exit | CHEETAH MOBILE INC - ADR CMCM USadr | $0 | – | -716,810 | – | -3.59% | – |
| CTRP | Exit | CTRIP.COM INTERNATIONAL-ADR CTRP US | $0 | – | -244,200 | – | -6.11% | – |
| NTES | Exit | NETEASE INC-ADR NTES USsponsored adr | $0 | – | -131,845 | – | -18.42% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TAL | New | TAL EDUCATION GROUP- ADR TAL US | $63,729,000 | – | 521,047 | – | 29.61% | – |
| JD | New | JD.COM INC-ADR JD USspon adr cl a | $50,598,000 | – | 1,290,100 | – | 23.51% | – |
| NTES | New | NETEASE INC-ADR NTES USsponsored adr | $39,637,000 | – | 131,845 | – | 18.42% | – |
| EDU | New | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $13,836,000 | – | 196,278 | – | 6.43% | – |
| CTRP | New | CTRIP.COM INTERNATIONAL-ADR CTRP US | $13,153,000 | – | 244,200 | – | 6.11% | – |
| CMCM | New | CHEETAH MOBILE INC - ADR CMCM USadr | $7,727,000 | – | 716,810 | – | 3.59% | – |
| VRX | New | VALEANT PHARMACEUTICALS INTE VRX US | $4,268,000 | – | 246,700 | – | 1.98% | – |
| NKE | New | NIKE INC -CL B NKE UScl b | $3,658,000 | – | 62,000 | – | 1.70% | – |
| AMZN | New | AMAZON.COM INC AMZN US | $3,291,000 | – | 3,400 | – | 1.53% | – |
| YELP | New | YELP INC YELP UScl a | $3,050,000 | – | 101,600 | – | 1.42% | – |
| X | New | UNITED STATES STEEL CORP X US | $3,020,000 | – | 136,400 | – | 1.40% | – |
| GILD | New | GILEAD SCIENCES INC GILD US | $2,803,000 | – | 39,600 | – | 1.30% | – |
| TSLA | New | TESLA INC TSLA US | $2,459,000 | – | 6,800 | – | 1.14% | – |
| M | New | MACY'S INC M US | $1,095,000 | – | 47,100 | – | 0.51% | – |
| UA | New | UNDER ARMOUR INC-CLASS C UA UScl c | $1,085,000 | – | 53,800 | – | 0.50% | – |
| GOOG | New | ALPHABET INC-CL C GOOG UScap stk cl c | $772,000 | – | 850 | – | 0.36% | – |
| TWTR | New | TWITTER INC TWTR US | $407,000 | – | 22,800 | – | 0.19% | – |
| LULU | New | LULULEMON ATHLETICA INC LULU US | $364,000 | – | 6,100 | – | 0.17% | – |
| CVS | New | CVS HEALTH CORP CVS US | $121,000 | – | 1,500 | – | 0.06% | – |
| NVDA | New | NVIDIA CORP NVDA US | $116,000 | – | 800 | – | 0.05% | – |
| SNAP | New | SNAP INC - A SNAP UScl a | $28,000 | – | 1,600 | – | 0.01% | – |
Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| WB | Exit | WEIBO CORP-SPON ADR WB USsponsored adr | $0 | – | -7,800 | – | -0.24% | – |
| BIDU | Exit | BAIDU INC - SPON ADR BIDU USspon adr rep a | $0 | – | -6,430 | – | -0.70% | – |
| CTRP | Exit | CTRIP.COM INTERNATIONAL-ADR CTRP US | $0 | – | -939,685 | – | -26.32% | – |
| TAL | Exit | TAL EDUCATION GROUP- ADR XRS US | $0 | – | -833,731 | – | -35.53% | – |
| NTES | Exit | NETEASE INC-ADR NTES USsponsored adr | $0 | – | -256,895 | – | -37.21% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NTES | Buy | NETEASE INC-ADR NTES USsponsored adr | $61,855,000 | +1064.0% | 256,895 | +834.2% | 37.21% | +779.0% |
| TAL | Buy | TAL EDUCATION GROUP- ADR XRS US | $59,062,000 | +110.0% | 833,731 | +84.0% | 35.53% | +58.6% |
| CTRP | Sell | CTRIP.COM INTERNATIONAL-ADR CTRP US | $43,761,000 | -6.5% | 939,685 | -17.3% | 26.32% | -29.4% |
| WB | Sell | WEIBO CORP-SPON ADR WB USsponsored adr | $391,000 | -74.3% | 7,800 | -85.4% | 0.24% | -80.6% |
| YY | Exit | YY INC-ADR YY US | $0 | – | -38,797 | – | -1.05% | – |
| QUNR | Exit | QUNAR CAYMAN ISLANDS LTD-ADR QUNR USspns adr cl b | $0 | – | -59,082 | – | -1.40% | – |
| WUBA | Exit | 58.COM INC-ADR WUBA USspon adr rep a | $0 | – | -75,783 | – | -2.77% | – |
| SINA | Exit | SINA CORP SINA USord | $0 | – | -106,600 | – | -4.40% | – |
| BITA | Exit | BITAUTO HOLDINGS LTD-ADR BITA USsponsored ads | $0 | – | -236,216 | – | -5.07% | – |
| JD | Exit | JD.COM INC-ADR JD USspon adr cl a | $0 | – | -433,759 | – | -7.34% | – |
| EDU | Exit | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $0 | – | -360,000 | – | -12.01% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CTRP | New | CTRIP.COM INTERNATIONAL-ADR CTRP US | $46,799,000 | – | 1,135,900 | – | 37.28% | – |
| TAL | New | TAL EDUCATION GROUP- ADR XRS US | $28,122,000 | – | 453,144 | – | 22.40% | – |
| EDU | New | NEW ORIENTAL EDUCATIO-SP ADR EDU USspon adr | $15,077,000 | – | 360,000 | – | 12.01% | – |
| JD | New | JD.COM INC-ADR JD USspon adr cl a | $9,209,000 | – | 433,759 | – | 7.34% | – |
| BITA | New | BITAUTO HOLDINGS LTD-ADR BITA USsponsored ads | $6,368,000 | – | 236,216 | – | 5.07% | – |
| SINA | New | SINA CORP SINA USord | $5,529,000 | – | 106,600 | – | 4.40% | – |
| NTES | New | NETEASE INC-ADR NTES USsponsored adr | $5,314,000 | – | 27,500 | – | 4.23% | – |
| WUBA | New | 58.COM INC-ADR WUBA USspon adr rep a | $3,478,000 | – | 75,783 | – | 2.77% | – |
| QUNR | New | QUNAR CAYMAN ISLANDS LTD-ADR QUNR USspns adr cl b | $1,760,000 | – | 59,082 | – | 1.40% | – |
| WB | New | WEIBO CORP-SPON ADR WB USsponsored adr | $1,520,000 | – | 53,486 | – | 1.21% | – |
| YY | New | YY INC-ADR YY US | $1,314,000 | – | 38,797 | – | 1.05% | – |
| BIDU | New | BAIDU INC - SPON ADR BIDU USspon adr rep a | $1,062,000 | – | 6,430 | – | 0.85% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| YGE | Exit | YINGLI GREEN ENERGY HOLD-ADR YGE USadr | $0 | – | -783,381 | – | -0.44% | – |
| HMIN | Exit | HOMEINNS HOTEL GROUP HMIN USsponsored adr | $0 | – | -22,871 | – | -0.89% | – |
| FENG | Exit | PHOENIX NEW MEDIA LTD -ADR FENG USsponsored ads | $0 | – | -178,537 | – | -1.06% | – |
| HTHT | Exit | CHINA LODGING GROUP-SPON ADS HTHT USsponsored adr | $0 | – | -48,692 | – | -1.61% | – |
| RENN | Exit | RENREN INC-ADR RENN USsponsored adr | $0 | – | -439,601 | – | -1.85% | – |
| DANG | Exit | E-COMMERCE CHINA-SPON ADR -A DANG US | $0 | – | -241,517 | – | -1.96% | – |
| MOMO | Exit | MOMO INC-SPON ADR MOMO USadr | $0 | – | -155,059 | – | -2.64% | – |
| SFUN | Exit | SOUFUN HOLDINGS LTD-ADR SFUN USadr | $0 | – | -402,000 | – | -3.61% | – |
| SINA | Exit | SINA CORP SINA USord | $0 | – | -87,000 | – | -4.75% | – |
| QUNR | Exit | QUNAR CAYMAN ISLANDS LTD-ADR QUNR USspns adr cl b | $0 | – | -118,515 | – | -4.85% | – |
| CMCM | Exit | CHEETAH MOBILE INC - ADR CMCM USadr | $0 | – | -294,997 | – | -5.80% | – |
| BITA | Exit | BITAUTO HOLDINGS LTD-ADR BITA USsponsored ads | $0 | – | -251,636 | – | -10.19% | – |
| WUBA | Exit | 58.COM INC-ADR WUBA USspon adr rep a | $0 | – | -214,915 | – | -13.75% | – |
| JD | Exit | JD.COM INC-ADR JD USspon adr cl a | $0 | – | -600,000 | – | -21.27% | – |
| CTRP | Exit | CTRIP.COM INTERNATIONAL-ADR CTRP US | $0 | – | -294,746 | – | -25.33% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CTRP | Buy | CTRIP.COM INTERNATIONAL-ADR CTRP US | $18,622,000 | +11.4% | 294,746 | +28.0% | 25.33% | +15.3% |
| JD | New | JD.COM INC-ADR JD USspon adr cl a | $15,636,000 | – | 600,000 | – | 21.27% | – |
| WUBA | Buy | 58.COM INC-ADR WUBA USspon adr rep a | $10,112,000 | +5.9% | 214,915 | +44.2% | 13.75% | +9.6% |
| BITA | Buy | BITAUTO HOLDINGS LTD-ADR BITA USsponsored ads | $7,491,000 | -35.9% | 251,636 | +10.0% | 10.19% | -33.6% |
| CMCM | Buy | CHEETAH MOBILE INC - ADR CMCM USadr | $4,266,000 | -10.3% | 294,997 | +78.2% | 5.80% | -7.1% |
| QUNR | Sell | QUNAR CAYMAN ISLANDS LTD-ADR QUNR USspns adr cl b | $3,564,000 | -39.5% | 118,515 | -13.8% | 4.85% | -37.4% |
| SINA | Buy | SINA CORP SINA USord | $3,490,000 | +1202.2% | 87,000 | +1640.0% | 4.75% | +1248.6% |
| SFUN | Sell | SOUFUN HOLDINGS LTD-ADR SFUN USadr | $2,653,000 | -45.6% | 402,000 | -30.7% | 3.61% | -43.7% |
| MOMO | Sell | MOMO INC-SPON ADR MOMO USadr | $1,938,000 | -28.0% | 155,059 | -7.2% | 2.64% | -25.4% |
| DANG | Sell | E-COMMERCE CHINA-SPON ADR -A DANG US | $1,442,000 | -39.0% | 241,517 | -8.1% | 1.96% | -36.8% |
| RENN | Sell | RENREN INC-ADR RENN USsponsored adr | $1,363,000 | -20.8% | 439,601 | -3.2% | 1.85% | -18.1% |
| HTHT | Sell | CHINA LODGING GROUP-SPON ADS HTHT USsponsored adr | $1,185,000 | -18.6% | 48,692 | -18.3% | 1.61% | -15.7% |
| FENG | Sell | PHOENIX NEW MEDIA LTD -ADR FENG USsponsored ads | $782,000 | -47.3% | 178,537 | -4.7% | 1.06% | -45.4% |
| HMIN | New | HOMEINNS HOTEL GROUP HMIN USsponsored adr | $657,000 | – | 22,871 | – | 0.89% | – |
| YGE | Sell | YINGLI GREEN ENERGY HOLD-ADR YGE USadr | $320,000 | -67.0% | 783,381 | -0.5% | 0.44% | -65.8% |
| JMEI | Exit | JUMEI INTERNATIONAL-ADRsponsored adr | $0 | – | -10,000 | – | -0.30% | – |
| EDU | Exit | NEW ORIENTAL EDUCATIO-SP ADRspon adr | $0 | – | -134,945 | – | -4.35% | – |
| MR | Exit | MINDRAY MEDICAL INTL LTD-ADRspon adr | $0 | – | -285,476 | – | -10.69% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CTRP | New | CTRIP.COM INTERNATIONAL-ADR | $16,720,000 | – | 230,246 | – | 21.97% | – |
| BITA | New | BITAUTO HOLDINGS LTD-ADRsponsored ads | $11,678,000 | – | 228,764 | – | 15.35% | – |
| WUBA | New | 58.COM INC-ADRspon adr rep a | $9,545,000 | – | 149,000 | – | 12.54% | – |
| MR | New | MINDRAY MEDICAL INTL LTD-ADRspon adr | $8,136,000 | – | 285,476 | – | 10.69% | – |
| QUNR | New | QUNAR CAYMAN ISLANDS LTD-ADRspns adr cl b | $5,893,000 | – | 137,515 | – | 7.74% | – |
| SFUN | New | SOUFUN HOLDINGS LTD-ADRadr | $4,878,000 | – | 580,000 | – | 6.41% | – |
| CMCM | New | CHEETAH MOBILE INC - ADRadr | $4,754,000 | – | 165,584 | – | 6.25% | – |
| EDU | New | NEW ORIENTAL EDUCATIO-SP ADRspon adr | $3,309,000 | – | 134,945 | – | 4.35% | – |
| MOMO | New | MOMO INC-SPON ADRadr | $2,690,000 | – | 167,065 | – | 3.54% | – |
| DANG | New | E-COMMERCE CHINA-SPON ADR -A | $2,363,000 | – | 262,867 | – | 3.10% | – |
| RENN | New | RENREN INC-ADRsponsored adr | $1,722,000 | – | 454,346 | – | 2.26% | – |
| FENG | New | PHOENIX NEW MEDIA LTD -ADRsponsored ads | $1,484,000 | – | 187,337 | – | 1.95% | – |
| HTHT | New | CHINA LODGING GROUP-SPON ADSsponsored adr | $1,455,000 | – | 59,573 | – | 1.91% | – |
| YGE | New | YINGLI GREEN ENERGY HOLD-ADRadr | $969,000 | – | 787,411 | – | 1.27% | – |
| SINA | New | SINA CORPord | $268,000 | – | 5,000 | – | 0.35% | – |
| JMEI | New | JUMEI INTERNATIONAL-ADRsponsored adr | $228,000 | – | 10,000 | – | 0.30% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FENG | Exit | PHOENIX NEW MEDIA LTDsponsored ads | $0 | – | -10,000 | – | -0.06% | – |
| CMCM | Exit | CHEETAH MOBILE INCadr | $0 | – | -10,000 | – | -0.12% | – |
| DANG | Exit | E-COMMERCE CHINA DANGDANG IN | $0 | – | -67,300 | – | -0.54% | – |
| YGE | Exit | YINGLI GREEN ENERGY HLDG COadr | $0 | – | -500,000 | – | -1.03% | – |
| XNET | Exit | XUNLEI LTDsponsored adr | $0 | – | -169,388 | – | -1.20% | – |
| ATHM | Exit | AUTOHOME INCsp adr rp cl a | $0 | – | -50,000 | – | -1.39% | – |
| BITA | Exit | BITAUTO HLDGS LTDsponsored ads | $0 | – | -50,000 | – | -2.57% | – |
| WUBA | Exit | 58 COM INCspon adr rep a | $0 | – | -180,000 | – | -4.42% | – |
| EDU | Exit | NEW ORIENTAL ED & TECH GRP Ispon adr | $0 | – | -300,481 | – | -4.60% | – |
| HMIN | Exit | HOME INNS & HOTELS MGMT INCspon adr | $0 | – | -379,286 | – | -7.25% | – |
| QUNR | Exit | QUNAR CAYMAN IS LTDspns adr cl b | $0 | – | -437,800 | – | -7.98% | – |
| TAL | Exit | TAL ED GROUP | $0 | – | -353,911 | – | -8.16% | – |
| SFUN | Exit | SOUFUN HLDGS LTDadr | $0 | – | -1,297,500 | – | -8.52% | – |
| YOKU | Exit | YOUKU TUDOU INCsponsored adr | $0 | – | -750,000 | – | -8.86% | – |
| CTRP | Exit | CTRIP COM INTL LTD | $0 | – | -455,246 | – | -17.04% | – |
| QIHU | Exit | QIHOO 360 TECHNOLOGY CO LTDads | $0 | – | -590,000 | – | -26.26% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| QIHU | Buy | QIHOO 360 TECHNOLOGY CO LTDads | $39,807,000 | -22.8% | 590,000 | +5.4% | 26.26% | -27.0% |
| CTRP | Buy | CTRIP COM INTL LTD | $25,840,000 | -0.4% | 455,246 | +12.3% | 17.04% | -5.9% |
| YOKU | Buy | YOUKU TUDOU INCsponsored adr | $13,440,000 | -19.5% | 750,000 | +7.1% | 8.86% | -24.0% |
| SFUN | Buy | SOUFUN HLDGS LTDadr | $12,910,000 | +165.0% | 1,297,500 | +160.8% | 8.52% | +150.4% |
| TAL | Buy | TAL ED GROUP | $12,366,000 | +65.6% | 353,911 | +30.3% | 8.16% | +56.4% |
| QUNR | Sell | QUNAR CAYMAN IS LTDspns adr cl b | $12,105,000 | -13.3% | 437,800 | -10.5% | 7.98% | -18.1% |
| EDU | New | NEW ORIENTAL ED & TECH GRP Ispon adr | $6,971,000 | – | 300,481 | – | 4.60% | – |
| WUBA | Buy | 58 COM INCspon adr rep a | $6,705,000 | +1139.4% | 180,000 | +1700.0% | 4.42% | +1069.8% |
| BITA | New | BITAUTO HLDGS LTDsponsored ads | $3,900,000 | – | 50,000 | – | 2.57% | – |
| ATHM | New | AUTOHOME INCsp adr rp cl a | $2,101,000 | – | 50,000 | – | 1.39% | – |
| XNET | New | XUNLEI LTDsponsored adr | $1,821,000 | – | 169,388 | – | 1.20% | – |
| DANG | Buy | E-COMMERCE CHINA DANGDANG IN | $821,000 | +22.7% | 67,300 | +34.6% | 0.54% | +16.1% |
| FENG | Sell | PHOENIX NEW MEDIA LTDsponsored ads | $94,000 | -87.5% | 10,000 | -85.7% | 0.06% | -88.2% |
| CYOU | Exit | CHANGYOU COM LTDads rep cl a | $0 | – | -50,000 | – | -0.91% | – |
| YY | Exit | YY INC | $0 | – | -20,000 | – | -1.05% | – |
| CHDX | Exit | CHINDEX INTERNATIONAL INC | $0 | – | -122,805 | – | -2.03% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| QIHU | New | QIHOO 360 TECHNOLOGY CO LTDads | $51,542,000 | – | 560,000 | – | 35.98% | – |
| CTRP | New | CTRIP COM INTL LTD | $25,952,000 | – | 405,246 | – | 18.12% | – |
| YOKU | New | YOUKU TUDOU INCsponsored adr | $16,702,000 | – | 700,000 | – | 11.66% | – |
| QUNR | New | QUNAR CAYMAN IS LTDspns adr cl b | $13,963,000 | – | 489,071 | – | 9.75% | – |
| HMIN | New | HOME INNS & HOTELS MGMT INCspon adr | $12,983,000 | – | 379,286 | – | 9.06% | – |
| TAL | New | TAL ED GROUP | $7,469,000 | – | 271,607 | – | 5.21% | – |
| SFUN | New | SOUFUN HLDGS LTDadr | $4,871,000 | – | 497,500 | – | 3.40% | – |
| CHDX | New | CHINDEX INTERNATIONAL INC | $2,909,000 | – | 122,805 | – | 2.03% | – |
| YGE | New | YINGLI GREEN ENERGY HLDG COadr | $1,870,000 | – | 500,000 | – | 1.30% | – |
| YY | New | YY INC | $1,510,000 | – | 20,000 | – | 1.05% | – |
| CYOU | New | CHANGYOU COM LTDads rep cl a | $1,299,000 | – | 50,000 | – | 0.91% | – |
| FENG | New | PHOENIX NEW MEDIA LTDsponsored ads | $750,000 | – | 70,000 | – | 0.52% | – |
| DANG | New | E-COMMERCE CHINA DANGDANG IN | $669,000 | – | 50,000 | – | 0.47% | – |
| WUBA | New | 58 COM INCspon adr rep a | $541,000 | – | 10,000 | – | 0.38% | – |
| CMCM | New | CHEETAH MOBILE INCadr | $212,000 | – | 10,000 | – | 0.15% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FENG | Exit | PHOENIX NEW MEDIA LTDsponsored ads | $0 | – | -50,000 | – | -0.53% | – |
| HTHT | Exit | CHINA LODGING GROUP LTDsponsored adr | $0 | – | -43,700 | – | -0.78% | – |
| SFUN | Exit | SOUFUN HLDGS LTDadr | $0 | – | -50,000 | – | -2.41% | – |
| U104PS | Exit | PERFECT WORLD CO LTDspon adr rep b | $0 | – | -150,000 | – | -2.79% | – |
| YOKU | Exit | YOUKU TUDOU INCsponsored adr | $0 | – | -120,000 | – | -3.07% | – |
| SOHU | Exit | SOHU COM INC | $0 | – | -60,000 | – | -4.42% | – |
| CHDX | Exit | CHINDEX INTERNATIONAL INC | $0 | – | -362,414 | – | -5.78% | – |
| CTRP | Exit | CTRIP COM INTL LTD | $0 | – | -149,220 | – | -8.14% | – |
| HMIN | Exit | HOME INNS & HOTELS MGMT INCspon adr | $0 | – | -299,286 | – | -9.29% | – |
| EDU | Exit | NEW ORIENTAL ED & TECH GRP Ispon adr | $0 | – | -524,863 | – | -12.22% | – |
| QIHU | Exit | QIHOO 360 TECHNOLOGY CO LTDads | $0 | – | -650,000 | – | -50.57% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| QIHU | Sell | QIHOO 360 TECHNOLOGY CO LTDads | $54,080,000 | +26.8% | 650,000 | -29.6% | 50.57% | +7.7% |
| EDU | Sell | NEW ORIENTAL ED & TECH GRP Ispon adr | $13,069,000 | -31.0% | 524,863 | -38.6% | 12.22% | -41.4% |
| HMIN | Buy | HOME INNS & HOTELS MGMT INCspon adr | $9,936,000 | +167.2% | 299,286 | +115.0% | 9.29% | +126.9% |
| CTRP | Sell | CTRIP COM INTL LTD | $8,708,000 | +7.1% | 149,220 | -40.1% | 8.14% | -9.1% |
| CHDX | Sell | CHINDEX INTERNATIONAL INC | $6,176,000 | +3.3% | 362,414 | -1.6% | 5.78% | -12.3% |
| SOHU | Buy | SOHU COM INC | $4,730,000 | +667.9% | 60,000 | +500.0% | 4.42% | +552.4% |
| YOKU | Sell | YOUKU TUDOU INCsponsored adr | $3,288,000 | -14.3% | 120,000 | -40.0% | 3.07% | -27.3% |
| U104PS | Sell | PERFECT WORLD CO LTDspon adr rep b | $2,985,000 | -14.3% | 150,000 | -25.0% | 2.79% | -27.3% |
| FENG | New | PHOENIX NEW MEDIA LTDsponsored ads | $563,000 | – | 50,000 | – | 0.53% | – |
| MR | Exit | MINDRAY MEDICAL INTL LTDspon adr | $0 | – | -40,000 | – | -1.65% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| QIHU | New | QIHOO 360 TECHNOLOGY CO LTDads | $42,639,000 | – | 923,530 | – | 46.96% | – |
| EDU | New | NEW ORIENTAL ED & TECH GRP Ispon adr | $18,949,000 | – | 855,463 | – | 20.87% | – |
| CTRP | New | CTRIP COM INTL LTD | $8,132,000 | – | 249,220 | – | 8.96% | – |
| CHDX | New | CHINDEX INTERNATIONAL INC | $5,976,000 | – | 368,414 | – | 6.58% | – |
| YOKU | New | YOUKU TUDOU INCsponsored adr | $3,838,000 | – | 200,000 | – | 4.23% | – |
| HMIN | New | HOME INNS & HOTELS MGMT INCspon adr | $3,718,000 | – | 139,212 | – | 4.10% | – |
| U104PS | New | PERFECT WORLD CO LTDspon adr rep b | $3,484,000 | – | 200,000 | – | 3.84% | – |
| MR | New | MINDRAY MEDICAL INTL LTDspon adr | $1,498,000 | – | 40,000 | – | 1.65% | – |
| SFUN | New | SOUFUN HLDGS LTDadr | $1,241,000 | – | 50,000 | – | 1.37% | – |
| HTHT | New | CHINA LODGING GROUP LTDsponsored adr | $699,000 | – | 43,700 | – | 0.77% | – |
| SOHU | New | SOHU COM INC | $616,000 | – | 10,000 | – | 0.68% | – |