Aia Investment Management Hk 13F annual report

Aia Investment Management Hk is an investment fund managing more than $212 million ran by Gary Murphy. There are currently 7 companies in Mr. Murphy’s portfolio. The largest investments include TAL Education and New Oriental Ed & Tech Grp I, together worth $132 million.

$212 million Assets Under Management (AUM)

As of 9th November 2020, Aia Investment Management Hk’s top holding is 1,076,277 shares of TAL Education currently worth over $81.8 million and making up 38.6% of the portfolio value. Relative to the number of outstanding shares of TAL Education, Aia Investment Management Hk owns more than approximately 0.1% of the company. In addition, the fund holds 337,933 shares of New Oriental Ed & Tech Grp I worth $50.5 million. The third-largest holding is JOYY worth $29.5 million and the next is Baidu worth $26.9 million, with 212,619 shares owned.

Currently, Aia Investment Management Hk's portfolio is worth at least $212 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.

Careers at Aia Investment Management Hk

The Aia Investment Management Hk office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Gary Murphy serves as the Attorney at Aia Investment Management Hk.

Recent trades

In the most recent 13F filing, Aia Investment Management Hk revealed that it had opened a new position in JOYY and bought 366,223 shares worth $29.5 million. This means they effectively own approximately 0.1% of the company. JOYY makes up 52.3% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in TAL Education by buying 367,207 additional shares. This makes their stake in TAL Education total 1,076,277 shares worth $81.8 million. TAL Education dropped approximately 0.1% in the past year.

On the other hand, there are companies that Aia Investment Management Hk is getting rid of from its portfolio. Aia Investment Management Hk closed its position in Alibaba Group Hldg Ltd on 16th November 2020. It sold the previously owned 1,400,245 shares for $301 million. Gary Murphy also disclosed a decreased stake in Baidu by 0.3%. This leaves the value of the investment at $26.9 million and 212,619 shares.

One of the smaller hedge funds

The two most similar investment funds to Aia Investment Management Hk are M. Kraus & Co and General Electric Co. They manage $212 million and $212 million respectively.

Gary Murphy investment strategy

Aia Investment Management Hk’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 38.6% of the total portfolio value. The fund focuses on investments in the China as 42.9% of the portfolio companies are based in the China.

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 29% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $31.9 billion.

The complete list of Aia Investment Management Hk trades based on 13F SEC filings

These positions were updated on November 16th 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
Alibaba Group Hldg Ltd	Closed 1,400,245	$301,039,000
TAL Education Group	51.79% 1,076,277	$81,840,000	38.64%
New Oriental Ed & Tech Grp I	32.83% 337,933	$50,521,000	23.86%
JD.com, Inc.	Closed 820,616	$48,901,000
JOYY, Inc.	Opened 366,223	$29,543,000	13.95%
Baidu, Inc.	31.69% 212,619	$26,915,000	12.71%
Vipshop Hldgs Ltd	Closed 804,000	$15,943,000
Tencent Music Entmt Group	0.51% 971,000	$14,342,000	6.77%
Gds Hldgs Ltd	Opened 89,127	$7,293,000	3.44%
Ishares Tr	Opened 39,000	$1,321,000	0.62%
No transactions found
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