Myriad Asset Management is an investment fund managing more than $162 million ran by Larri Ballin. There are currently 50 companies in Ballin’s portfolio. The largest investments include Conocophillips and Freeport-McMoRan Inc, together worth $36.6 million.
As of 9th May 2022, Myriad Asset Management’s top holding is 215,740 shares of Conocophillips currently worth over $21.6 million and making up 13.3% of the portfolio value.
In addition, the fund holds 301,900 shares of Freeport-McMoRan Inc worth $15 million, whose value fell 11.5% in the past six months.
The third-largest holding is Pinduoduo Inc worth $12 million and the next is BP plc worth $11 million, with 374,100 shares owned.
Currently, Myriad Asset Management's portfolio is worth at least $162 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Myriad Asset Management office and employees reside in North Point, Hong Kong. According to the last 13-F report filed with the SEC, Larri Ballin serves as the COO at Myriad Asset Management.
In the most recent 13F filing, Myriad Asset Management revealed that it had opened a new position in
Conocophillips and bought 215,740 shares worth $21.6 million.
The investment fund also strengthened its position in Vertex Pharmaceuticals by buying
9,000 additional shares.
This makes their stake in Vertex Pharmaceuticals total 14,100 shares worth $3.68 million.
Vertex Pharmaceuticals dropped approximately 0.1% in the past year.
On the other hand, there are companies that Myriad Asset Management is getting rid of from its portfolio.
Myriad Asset Management closed its position in Moderna Inc on 13th May 2022.
It sold the previously owned 303,041 shares for $71.2 million.
Larri Ballin also disclosed a decreased stake in Freeport-McMoRan Inc by 0.6%.
This leaves the value of the investment at $15 million and 301,900 shares.
The two most similar investment funds to Myriad Asset Management are Capital Partners Iii and Treybourne Wealth Planners. They manage $162 million and $162 million respectively.
Myriad Asset Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Materials — making up 20.5% of
the total portfolio value.
The fund focuses on investments in the United States as
22.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
32% of the total holdings value.
On the other hand, small-cap stocks make up only 8.0% of the portfolio.
The average market cap of the portfolio companies is close to $43.5 billion.
These positions were updated on May 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Moderna Inc |
Closed
303,041
|
$71,209,000 | |
| Meta Platforms Inc |
Closed
111,823
|
$38,882,000 | |
| Lyft Inc |
Closed
538,147
|
$32,547,000 | |
| Conocophillips |
Opened
215,740
|
$21,574,000 | 13.34% |
| Micron Technology Inc. |
Closed
252,460
|
$21,454,000 | |
| Alphabet Inc |
Closed
8,425
|
$20,572,000 | |
| Baidu Inc |
Closed
92,000
|
$18,759,000 | |
| Freeport-McMoRan Inc |
56.27%
301,900
|
$15,017,000 | 9.29% |
| Pinduoduo Inc |
Opened
300,000
|
$12,033,000 | 7.44% |
| BP plc |
Opened
374,100
|
$10,999,000 | 6.80% |
| Shell Plc |
Opened
194,100
|
$10,662,000 | 6.59% |
| Bk Of America Corp |
Closed
256,971
|
$10,595,000 | |
| Citigroup Inc |
Closed
147,780
|
$10,455,000 | |
| Morgan Stanley |
Closed
109,104
|
$10,004,000 | |
| Wells Fargo Co New |
Closed
191,650
|
$8,680,000 | |
| Alcoa Corp |
17.00%
88,100
|
$7,932,000 | 4.91% |
| Viacomcbs Inc |
Closed
172,302
|
$7,788,000 | |
| Li Auto Inc. |
Opened
300,000
|
$7,743,000 | 4.79% |
| Vipshop Holdings Limited |
Closed
384,000
|
$7,711,000 | |
| Hhl Acquisition Co |
Closed
600,000
|
$5,820,000 | |
| Cummins Inc. |
Closed
23,225
|
$5,662,000 | |
| Carrier Global Corporation |
Closed
115,800
|
$5,628,000 | |
| Chegg Inc |
Closed
65,467
|
$5,441,000 | |
| Northern Genesis Acquisition Corp. |
Closed
500,000
|
$4,975,000 | |
| United Parcel Service, Inc. |
Closed
23,500
|
$4,887,000 | |
| Northern Genesis Acqu Corp I |
Opened
500,000
|
$4,875,000 | 3.02% |
| Fedex Corp |
Closed
16,330
|
$4,872,000 | |
| Gores Metropoulos II, Inc. |
Closed
487,061
|
$4,817,000 | |
| Cleveland-Cliffs Inc |
Closed
220,950
|
$4,764,000 | |
| Nike, Inc. |
Closed
28,800
|
$4,449,000 | |
| Martin Marietta Matls Inc |
Closed
12,560
|
$4,419,000 | |
| 8X8 Inc. |
Closed
157,936
|
$4,384,000 | |
| United States Stl Corp New |
Closed
172,000
|
$4,128,000 | |
| Bridgetown Holdings Ltd |
Closed
400,000
|
$4,048,000 | |
| Gores Hldgs V Inc |
Closed
400,000
|
$4,040,000 | |
| Marriott Intl Inc New |
Closed
28,470
|
$3,887,000 | |
| Cable One Inc |
Closed
2,000
|
$3,826,000 | |
| Vertex Pharmaceuticals, Inc. |
176.47%
14,100
|
$3,680,000 | 2.28% |
| Fortress Value Acquisi Corp |
Opened
350,000
|
$3,430,000 | 2.12% |
| Nutrien Ltd |
Opened
32,300
|
$3,359,000 | 2.08% |
| Infosys Ltd |
18.26%
125,800
|
$3,131,000 | 1.94% |
| Lilly Eli Co |
240.63%
10,900
|
$3,121,000 | 1.93% |
| Recharge Acquisition Corp. |
Closed
314,897
|
$3,086,000 | |
| Pfizer Inc. |
Opened
59,500
|
$3,080,000 | 1.91% |
| Halozyme Therapeutics Inc. |
Opened
77,000
|
$3,071,000 | 1.90% |
| Teck Resources Ltd |
Opened
73,900
|
$2,985,000 | 1.85% |
| Conx Corp |
Closed
300,000
|
$2,958,000 | |
| Catcha Investment Corp |
25.00%
300,000
|
$2,939,000 | 1.82% |
| Cnh Indl N V |
Closed
175,070
|
$2,927,000 | |
| Caterpillar Inc. |
Closed
13,125
|
$2,856,000 | |
| Lennar Corp. |
Closed
28,724
|
$2,854,000 | |
| Elastic N.V |
Closed
19,544
|
$2,849,000 | |
| Churchill Capital Corp VII |
59.71%
289,823
|
$2,837,000 | 1.75% |
| Biohaven Pharmactl Hldg Co L |
Opened
22,127
|
$2,624,000 | 1.62% |
| Kkr Acquisition Holding I Co |
Opened
250,000
|
$2,458,000 | 1.52% |
| Jazz Pharmaceuticals plc |
Opened
15,400
|
$2,397,000 | 1.48% |
| Amazon.com Inc. |
Closed
692
|
$2,381,000 | |
| Pathfinder Acquisition Corp |
Opened
238,200
|
$2,332,000 | 1.44% |
| Pulte Group Inc |
Closed
41,325
|
$2,255,000 | |
| NetFlix Inc |
Closed
4,044
|
$2,136,000 | |
| Phillips 66 |
Opened
24,600
|
$2,125,000 | 1.31% |
| Johnson Ctls Intl Plc |
Opened
31,500
|
$2,065,000 | 1.28% |
| Sea Ltd |
Closed
7,500
|
$2,060,000 | |
| Goldman Sachs Group, Inc. |
Closed
5,422
|
$2,058,000 | |
| WestRock Co |
Opened
42,600
|
$2,003,000 | 1.24% |
| Jpmorgan Chase Co |
Closed
12,825
|
$1,995,000 | |
| Arctos Northstar Acquis Corp |
Opened
200,000
|
$1,958,000 | 1.21% |
| Altimar Acquisition Corp Ii |
Closed
200,000
|
$1,944,000 | |
| Danaher Corp. |
Opened
6,600
|
$1,936,000 | 1.20% |
| Barclays plc |
Closed
196,300
|
$1,894,000 | |
| Ball Corp. |
Opened
20,575
|
$1,852,000 | 1.15% |
| Bridgetown 2 Holdings Ltd |
Closed
175,000
|
$1,785,000 | |
| Arcelormittal Sa Luxembourg |
Closed
55,900
|
$1,736,000 | |
| Vulcan Matls Co |
Closed
9,400
|
$1,636,000 | |
| Twc Tech Hldgs Ii Corp |
Closed
150,000
|
$1,490,000 | |
| Fortress Value Acquis Corp I |
No change
150,000
|
$1,478,000 | 0.91% |
| NIO Inc |
Opened
70,000
|
$1,474,000 | 0.91% |
| Apollo Strategic Grwt Cptl I |
No change
150,000
|
$1,470,000 | 0.91% |
| Capstar Spl Purp Acquisition |
Closed
150,100
|
$1,469,000 | |
| Prestige Consmr Healthcare I |
Opened
27,180
|
$1,439,000 | 0.89% |
| Freshworks Inc |
Opened
78,500
|
$1,407,000 | 0.87% |
| Spartan Acquisition Corp. III |
Closed
134,000
|
$1,310,000 | |
| TAL Education Group |
Closed
50,900
|
$1,284,000 | |
| Northern Star Invest Corp Iv |
Opened
118,004
|
$1,152,000 | 0.71% |
| Altimeter Growth Corp. 2 |
Closed
110,000
|
$1,128,000 | |
| Ceridian Hcm Hldg Inc |
Closed
11,700
|
$1,122,000 | |
| Northern Star Invest Corp Ii |
Opened
112,121
|
$1,098,000 | 0.68% |
| Peridot Acquisition Corp. II |
Opened
100,000
|
$978,000 | 0.60% |
| Wayfair Inc |
Closed
3,085
|
$974,000 | |
| MarketAxess Holdings Inc. |
Closed
2,036
|
$944,000 | |
| Oaktree Acquisition Corp Ii |
9.70%
90,301
|
$898,000 | 0.56% |
| The Lion Electric Company |
Closed
43,490
|
$845,000 | |
| Etsy Inc |
78.40%
6,600
|
$820,000 | 0.51% |
| Haymaker Acquisition Corp. II |
Opened
75,000
|
$741,000 | 0.46% |
| Lazard Growth Acquisition Co |
Opened
75,000
|
$735,000 | 0.45% |
| Gores Holdings Vii Inc |
Opened
70,000
|
$685,000 | 0.42% |
| Cc Neuberger Prin Hldgs Ii |
32.00%
68,000
|
$675,000 | 0.42% |
| Oneconnect Finl Technology C |
Closed
49,800
|
$599,000 | |
| Dhc Acquisition Corp |
Opened
50,000
|
$490,000 | 0.30% |
| Altimar Acquisition Corp. III |
Opened
50,000
|
$490,000 | 0.30% |
| Align Technology, Inc. |
Closed
660
|
$403,000 | |
| Gores Technology Partners Ii |
Opened
40,000
|
$391,000 | 0.24% |
| DiDi Global Inc |
93.89%
122,111
|
$305,000 | 0.19% |
| Cc Neuberger Principal Holdn |
Opened
25,000
|
$247,000 | 0.15% |
| Gores Technology Partners In |
Opened
20,000
|
$196,000 | 0.12% |
| Scion Tech Growth Ii |
Opened
20,000
|
$196,000 | 0.12% |
| Cymabay Therapeutics Inc |
Opened
30,000
|
$93,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 107 holdings | |||