TT International Asset Management LTD's Q1 2023 13F: 14 new positions, 7 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 10, 2023 · 51 reported positions · accession 0001809187-23-000002
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | BARRICK GOLD CORP (ABX) | 9.9% | 1.8% | −8.1 pts | −5.02M sh | −85% |
| Reduced | ALIBABA GROUP HLDG LTD (BABA) | 13.6% | 9.4% | −4.3 pts | −746K sh | −47% |
| Reduced | 360 DIGITECH INC (QFIN) | 17.2% | 11.0% | −6.2 pts | −3.47M sh | −40% |
| New | VALE S A (VALE) | — | 6.0% | +6.0 pts | +3.48M sh | new |
| Increased | ANGLOGOLD ASHANTI LIMITED (AU) | 3.5% | 10.2% | +6.8 pts | +2.04M sh | +112% |
| Exited | RENEW ENERGY GLOBAL PLC (RNW) | 3.9% | — | −3.9 pts | −7.29M sh | −100% |
| Increased | LUFAX HOLDING LTD (LU) | 0.1% | 4.0% | +3.9 pts | +17.19M sh | +2290% |
| New | YPF SOCIEDAD ANONIMA (YPF) | — | 3.5% | +3.5 pts | +2.95M sh | new |
| Reduced | GLOBANT S A | 7.1% | 4.3% | −2.8 pts | −195K sh | −45% |
| Reduced | VNET GROUP INC (VNET) | 5.1% | 0.1% | −5.0 pts | −8.92M sh | −98% |
| New | PETROLEO BRASILEIRO SA PETRO (PBR) | — | 2.8% | +2.8 pts | +2.47M sh | new |
| Increased | XP INC (XP) | 4.5% | 6.4% | +2.0 pts | +1.96M sh | +66% |
| New | PETROLEO BRASILEIRO SA PETRO (PBRA) | — | 1.7% | +1.7 pts | +1.7M sh | new |
| Reduced | TERNIUM SA (TX) | 2.4% | 2.0% | −0.4 pts | −345K sh | −44% |
| Reduced | GRUPO AEROPORTUARIO DEL SURE (ASR) | 1.6% | 1.1% | −0.4 pts | −35,300 sh | −51% |
| Reduced | DADA NEXUS LTD (DADA) | 1.5% | 0.8% | −0.6 pts | −1.22M sh | −57% |
| Increased | ICICI BANK LIMITED (IBN) | 0.2% | 1.4% | +1.1 pts | +472K sh | +429% |
| Exited | HDFC BANK LTD (HDB) | 1.0% | — | −1.0 pts | −154K sh | −100% |
| New | VISTA ENERGY S.A.B. DE C.V. (VIST) | — | 1.0% | +1.0 pts | +465K sh | new |
| Increased | CONTROLADORA VUELA COMP DE A (VLRS) | 0.7% | 2.0% | +1.2 pts | +551K sh | +61% |
| Reduced | JD.COM INC (JD) | 10.9% | 8.8% | −2.0 pts | −138K sh | −7% |
| New | RYANAIR HOLDINGS PLC (RYAAY) | — | 0.6% | +0.6 pts | +57,252 sh | new |
| Reduced | SEA LTD (SE) | 0.6% | 0.8% | +0.2 pts | −38,838 sh | −32% |
| Reduced | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 8.8% | 11.9% | +3.1 pts | −36,100 sh | −3% |
| New | RENEW ENERGY GLOBAL PLC | — | 0.3% | +0.3 pts | +568K sh | new |
| Reduced | PINDUODUO INC (PDD) | 0.4% | 0.2% | −0.3 pts | −32,735 sh | −64% |
| New | SUNNOVA ENERGY INTL INC. (NOVAQ) | — | 0.3% | +0.3 pts | +157K sh | new |
| New | TRANSPORTADORA DE GAS SUR (TGS) | — | 0.2% | +0.2 pts | +212K sh | new |
| Reduced | WEYERHAEUSER CO MTN BE (WY) | 0.5% | 0.4% | −0.2 pts | −62,602 sh | −35% |
| Exited | STEM INC (STEM) | 0.2% | — | −0.2 pts | −207K sh | −100% |
| Reduced | OWENS CORNING NEW (OC) | 0.3% | 0.2% | −0.1 pts | −13,070 sh | −37% |
| New | KE HLDGS INC (BEKE) | — | 0.1% | +0.1 pts | +61,675 sh | new |
| New | MODERNA INC (MRNA) | — | 0.1% | +0.1 pts | +7,500 sh | new |
| Increased | LINDSAY CORP (LNN) | 0.1% | 0.3% | +0.1 pts | +7,614 sh | +95% |
| Reduced | KANZHUN LIMITED (BZ) | 4.2% | 4.3% | +0.1 pts | −31,095 sh | −1% |
| Increased | SOLAREDGE TECHNOLOGIES INC (SEDG) | 0.1% | 0.2% | +0.1 pts | +1,676 sh | +46% |
| Reduced | BIONTECH SE (BNTX) | 0.2% | 0.1% | −0.1 pts | −4,000 sh | −33% |
| New | STEM INC (STPK) | — | 0.1% | +0.1 pts | +84,726 sh | new |
| Exited | NIU TECHNOLOGIES (NIU) | 0.1% | — | −0.1 pts | −101K sh | −100% |
| Increased | ENETI INC (NETI) | 0.1% | 0.2% | 0.0 pts | +40,379 sh | +34% |
| Reduced | ADVANCED DRAIN SYS INC DEL (WMS) | 0.2% | 0.2% | 0.0 pts | −4,398 sh | −15% |
| Increased | ECOLAB INC (ECL) | 0.4% | 0.5% | +0.1 pts | +2,011 sh | +8% |
| Exited | XPENG INC (XPEV) | 0.0% | — | 0.0 pts | −36,001 sh | −100% |
| Exited | SVB FINANCIAL GROUP (SIVBQ) | 0.0% | — | 0.0 pts | −1,478 sh | −100% |
| Exited | SIGNATURE BK NEW YORK N Y (SBNY) | 0.0% | — | 0.0 pts | −2,421 sh | −100% |
| Reduced | EVOQUA WATER TECHNOLOGIES CO (AQUA) | 0.2% | 0.2% | 0.0 pts | −4,698 sh | −12% |
| Reduced | PURE STORAGE INC (PSTG) | 0.1% | 0.0% | 0.0 pts | −6,586 sh | −33% |
| Reduced | BELLRING BRANDS INC (BRBR) | 0.0% | 0.0% | 0.0 pts | −3,531 sh | −23% |
| Reduced | P10 INC (PX) | 0.0% | 0.0% | 0.0 pts | −10,180 sh | −34% |
| Increased | INSTRUCTURE HLDGS INC (INST) | 0.0% | 0.0% | 0.0 pts | +3,651 sh | +34% |
The 50 largest of 57 changes, by size of the trade. Full holdings for this quarter.
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 — 76.3% of the equity book
Changes in the top 10 this quarter: AU entered · VALE entered · LU entered · ABX left · VNET left · RNW left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 8.8% | 11.9% | |
| 2 | 360 DIGITECH INC (QFIN) | 17.2% | 11.0% | |
| 3 | ANGLOGOLD ASHANTI LIMITED (AU) | 3.5% | 10.2% | Entered the top 10 |
| 4 | ALIBABA GROUP HLDG LTD (BABA) | 13.6% | 9.4% | |
| 5 | JD.COM INC (JD) | 10.9% | 8.8% | |
| 6 | XP INC (XP) | 4.5% | 6.4% | |
| 7 | VALE S A (VALE) | 0.0% | 6.0% | Entered the top 10 |
| 8 | KANZHUN LIMITED (BZ) | 4.2% | 4.3% | |
| 9 | GLOBANT S A | 7.1% | 4.3% | |
| 10 | LUFAX HOLDING LTD (LU) | 0.1% | 4.0% | Entered the top 10 |
| — | BARRICK GOLD CORP (ABX) | 9.9% | 1.8% | Left the top 10 |
| — | VNET GROUP INC (VNET) | 5.1% | 0.1% | Left the top 10 |
| — | RENEW ENERGY GLOBAL PLC (RNW) | 3.9% | 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).