Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TAL | Buy | TAL EDUCATION GROUPsponsored ads | $81,840,000 | +71.1% | 1,076,277 | +51.8% | 38.64% | +302.3% |
| EDU | Buy | NEW ORIENTAL ED & TECH GRP Ispon adr | $50,521,000 | +51.4% | 337,933 | +32.8% | 23.86% | +255.8% |
| YY | New | JOYY INC | $29,543,000 | – | 366,223 | – | 13.95% | – |
| BIDU | Sell | BAIDU INCspon adr rep a | $26,915,000 | -28.7% | 212,619 | -31.7% | 12.71% | +67.5% |
| TME | Sell | TENCENT MUSIC ENTMT GROUPspon ads | $14,342,000 | +10.9% | 971,000 | -0.5% | 6.77% | +160.7% |
| GDS | New | GDS HLDGS LTDsponsored ads | $7,293,000 | – | 89,127 | – | 3.44% | – |
| INDA | New | ISHARES TRmsci india etf | $1,321,000 | – | 39,000 | – | 0.62% | – |
| VIPS | Exit | VIPSHOP HLDGS LTDsponsored ads a | $0 | – | -804,000 | – | -3.20% | – |
| JD | Exit | JD COM INCspon adr cl a | $0 | – | -820,616 | – | -9.82% | – |
| BABA | Exit | ALIBABA GROUP HLDG LTDsponsored ads | $0 | – | -1,400,245 | – | -60.48% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BABA | New | ALIBABA GROUP HLDG LTDsponsored ads | $301,039,000 | – | 1,400,245 | – | 60.48% | – |
| JD | New | JD COM INCspon adr cl a | $48,901,000 | – | 820,616 | – | 9.82% | – |
| TAL | New | TAL EDUCATION GROUPsponsored ads | $47,820,000 | – | 709,070 | – | 9.61% | – |
| BIDU | New | BAIDU INCspon adr rep a | $37,775,000 | – | 311,267 | – | 7.59% | – |
| EDU | New | NEW ORIENTAL ED & TECH GRP Ispon adr | $33,372,000 | – | 254,402 | – | 6.70% | – |
| VIPS | New | VIPSHOP HLDGS LTDsponsored ads a | $15,943,000 | – | 804,000 | – | 3.20% | – |
| TME | New | TENCENT MUSIC ENTMT GROUPspon ads | $12,932,000 | – | 976,000 | – | 2.60% | – |