Long Corridor Asset Management Ltd's Q4 2021 13F: 2 new positions, 4 exits
Form 13F-HR for the quarter ended Dec 31, 2021 · filed Feb 9, 2022 · 9 reported positions · accession 0001845501-22-000001
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | NIO INC (NIO 4.5 02/01/24) | 17.7% | — | −17.7 pts | −4M sh | −100% |
| Reduced | IQIYI INC (IQ 4 12/15/26) | 20.1% | 16.6% | −3.5 pts | −8M sh | −40% |
| New | BEIGENE LTD (ONC) | — | 5.4% | +5.4 pts | +10,000 sh | new |
| Reduced | KE HLDGS INC (BEKE) | 9.2% | 12.0% | +2.8 pts | −130K sh | −30% |
| Exited | SEA LTD (SEALTD 0.25 09/15/26) | 4.8% | — | −4.8 pts | −4M sh | −100% |
| Exited | NEW ORIENTAL ED & TECHNOLOGY (EDU) | 1.8% | — | −1.8 pts | −741K sh | −100% |
| Exited | YUM CHINA HLDGS INC (YUMC) | 0.7% | — | −0.7 pts | −1,700 sh | −100% |
| New | GDS HLDGS LTD (GDS) | — | 0.5% | +0.5 pts | +5,500 sh | new |
| Increased | BAIDU INC (BIDU) | 6.0% | 10.1% | +4.1 pts | +700 sh | +2% |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | 6.7% | 9.3% | +2.6 pts | +700 sh | +2% |
| Increased | ZAI LAB LTD (ZLAB) | 0.8% | 0.8% | +0.1 pts | +600 sh | +10% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 100.0% of the equity book
Changes in the top 10 this quarter: ONC entered · GDS entered · NIO 4.5 02/01/24 left · SEALTD 0.25 09/15/26 left · EDU left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | IQIYI INC (IQ 2 04/01/25) | 31.0% | 43.3% | |
| 2 | IQIYI INC (IQ 4 12/15/26) | 20.1% | 16.6% | |
| 3 | KE HLDGS INC (BEKE) | 9.2% | 12.0% | |
| 4 | BAIDU INC (BIDU) | 6.0% | 10.1% | |
| 5 | ALIBABA GROUP HLDG LTD (BABA) | 6.7% | 9.3% | |
| 6 | BEIGENE LTD (ONC) | 0.0% | 5.4% | Entered the top 10 |
| 7 | NEW YORK TIMES CO (NYT) | 1.2% | 2.0% | |
| 8 | ZAI LAB LTD (ZLAB) | 0.8% | 0.8% | |
| 9 | GDS HLDGS LTD (GDS) | 0.0% | 0.5% | Entered the top 10 |
| — | NIO INC (NIO 4.5 02/01/24) | 17.7% | 0.0% | Left the top 10 |
| — | SEA LTD (SEALTD 0.25 09/15/26) | 4.8% | 0.0% | Left the top 10 |
| — | NEW ORIENTAL ED & TECHNOLOGY (EDU) | 1.8% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).