Pinpoint Asset Management Ltd's Q2 2022 13F: 8 new positions, 5 exits
Form 13F-HR for the quarter ended Jun 30, 2022 · filed Aug 12, 2022 · 32 reported positions · accession 0001803237-22-000003
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | BAOZUN INC (BZUN 1.625 05/01/24) | 9.9% | — | −9.9 pts | −23.96M sh | −100% |
| Reduced | ALBEMARLE CORP (ALB) | 7.9% | 0.0% | −7.9 pts | −85,700 sh | −100% |
| New | ALIBABA GROUP HLDG LTD (BABA) | — | 6.1% | +6.1 pts | +135K sh | new |
| New | WEIBO CORP (WB 1.25 11/15/22) | — | 5.6% | +5.6 pts | +14.27M sh | new |
| Increased | PINDUODUO INC (PDD) | 0.7% | 5.3% | +4.6 pts | +184K sh | +583% |
| New | TRIP COM GROUP LTD (TCOM) | — | 3.9% | +3.9 pts | +90,335 sh | new |
| Increased | PINDUODUO INC (PDD 0 12/01/25) | 4.3% | 7.8% | +3.6 pts | +10.78M sh | +92% |
| Exited | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 3.2% | — | −3.2 pts | −73,495 sh | −100% |
| Increased | HELLO GROUP INC (MOMO 1.25 07/01/25) | 0.4% | 3.1% | +2.7 pts | +7.45M sh | +745% |
| Reduced | NETEASE INC (NTES) | 2.9% | 0.7% | −2.2 pts | −61,800 sh | −79% |
| Reduced | DOCUSIGN INC (DOCU) | 6.2% | 1.2% | −5.0 pts | −86,046 sh | −61% |
| Increased | JOYY INC (JOYY 0.75 06/15/25) | 2.9% | 4.1% | +1.2 pts | +3.7M sh | +49% |
| Reduced | ZTO EXPRESS CAYMAN INC (ZTO) | 6.5% | 5.5% | −1.0 pts | −121K sh | −19% |
| New | NIKE INC (NKE) | — | 1.2% | +1.2 pts | +29,400 sh | new |
| Exited | NVIDIA CORPORATION (NVDA) | 0.9% | — | −0.9 pts | −7,900 sh | −100% |
| New | SALESFORCE INC (CRM) | — | 0.9% | +0.9 pts | +13,400 sh | new |
| New | UAZHU GROUP LTD (HTHT 0.375 11/01/22) | — | 0.8% | +0.8 pts | +2M sh | new |
| Increased | DAQO NEW ENERGY CORP (DQ) | 11.1% | 19.0% | +7.9 pts | +23,000 sh | +4% |
| Reduced | VNET GROUP INC | 1.3% | 0.6% | −0.7 pts | −2M sh | −50% |
| New | IQIYI INC (IQ 2 04/01/25) | — | 0.6% | +0.6 pts | +1.86M sh | new |
| Reduced | ADVANCED MICRO DEVICES INC (AMD) | 3.6% | 1.8% | −1.7 pts | −18,100 sh | −24% |
| Reduced | DISNEY WALT CO (DIS) | 2.8% | 1.3% | −1.5 pts | −14,200 sh | −29% |
| Exited | LI AUTO INC (LI) | 0.4% | — | −0.4 pts | −41,500 sh | −100% |
| Increased | MELCO RESORTS AND ENTMNT LTD (MLCO) | 0.6% | 0.6% | +0.1 pts | +99,800 sh | +57% |
| New | NEW ORIENTAL ED & TECHNOLOGY (EDU) | — | 0.2% | +0.2 pts | +21,600 sh | new |
| Reduced | MONOLITHIC PWR SYS INC (MPWR) | 5.0% | 3.8% | −1.2 pts | −100 sh | 0% |
| Exited | CAMECO CORP (CCJ) | 0.0% | — | 0.0 pts | −1,154 sh | −100% |
| Reduced | ON SEMICONDUCTOR CORP (ON) | 9.9% | 7.6% | −2.3 pts | −700 sh | 0% |
| Reduced | TUYA INC (TUYA) | 1.3% | 1.1% | −0.2 pts | −49 sh | 0% |
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 — 73.0% of the equity book
Changes in the top 10 this quarter: BABA entered · WB 1.25 11/15/22 entered · PDD entered · JOYY 0.75 06/15/25 entered · BZUN 1.625 05/01/24 left · ALB left · DOCU left · MPWR left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | DAQO NEW ENERGY CORP (DQ) | 11.1% | 19.0% | |
| 2 | BILIBILI INC (BILI 1.25 06/15/27) | 8.1% | 8.0% | |
| 3 | PINDUODUO INC (PDD 0 12/01/25) | 4.3% | 7.8% | |
| 4 | ON SEMICONDUCTOR CORP (ON) | 9.9% | 7.6% | |
| 5 | ALIBABA GROUP HLDG LTD (BABA) | 0.0% | 6.1% | Entered the top 10 |
| 6 | WEIBO CORP (WB 1.25 11/15/22) | 0.0% | 5.6% | Entered the top 10 |
| 7 | ZTO EXPRESS CAYMAN INC (ZTO) | 6.5% | 5.5% | |
| 8 | PINDUODUO INC (PDD) | 0.7% | 5.3% | Entered the top 10 |
| 9 | JOYY INC (JOYY 0.75 06/15/25) | 2.9% | 4.1% | Entered the top 10 |
| 10 | NOAH HLDGS LTD (NOAH) | 4.8% | 3.9% | |
| — | BAOZUN INC (BZUN 1.625 05/01/24) | 9.9% | 0.0% | Left the top 10 |
| — | ALBEMARLE CORP (ALB) | 7.9% | 0.0% | Left the top 10 |
| — | DOCUSIGN INC (DOCU) | 6.2% | 1.2% | Left the top 10 |
| — | MONOLITHIC PWR SYS INC (MPWR) | 5.0% | 3.8% | 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).