Ai-squared Management Ltd is an investment fund managing more than $110 billion ran by Lim, Michelle. There are currently 23 companies in Michelle’s portfolio. The largest investments include PDD Inc and TAL Education, together worth $54.2 billion.
As of 2nd August 2024, Ai-squared Management Ltd’s top holding is 347,151 shares of PDD Inc currently worth over $46.2 billion and making up 42.1% of the portfolio value.
Relative to the number of outstanding shares of PDD Inc, Ai-squared Management Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 758,442 shares of TAL Education worth $8.09 billion, whose value fell 33.0% in the past six months.
The third-largest holding is Amazon.com worth $7.67 billion and the next is Dell Technologies Inc worth $5.83 billion, with 42,300 shares owned.
Currently, Ai-squared Management Ltd's portfolio is worth at least $110 billion. 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 Ai-squared Management Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Lim, Michelle serves as the Partner/COO at Ai-squared Management Ltd.
In the most recent 13F filing, Ai-squared Management Ltd revealed that it had opened a new position in
Amazon.com and bought 39,700 shares worth $7.67 billion.
This means they effectively own approximately 0.1% of the company.
Amazon.com makes up
11.3%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 20.3% in the past year.
The investment fund also strengthened its position in TAL Education by buying
286,942 additional shares.
This makes their stake in TAL Education total 758,442 shares worth $8.09 billion.
TAL Education soared 32.5% in the past year.
On the other hand, there are companies that Ai-squared Management Ltd is getting rid of from its portfolio.
Ai-squared Management Ltd closed its position in Taiwan Semiconductor Mfg Ltd on 9th August 2024.
It sold the previously owned 71,400 shares for $9.71 billion.
Lim, Michelle also disclosed a decreased stake in PDD Inc by 0.2%.
This leaves the value of the investment at $46.2 billion and 347,151 shares.
The two most similar investment funds to Ai-squared Management Ltd are Innova Wealth Partners and Omnistar. They manage $110 billion and $109 billion respectively.
Ai-squared Management Ltd’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 62.1% of
the total portfolio value.
The fund focuses on investments in the China as
30.4% 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
57% 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 $56.9 billion.
These positions were updated on August 9th 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 |
|---|---|---|---|
| PDD Holdings Inc |
15.08%
347,151
|
$46,153,725,000 | 42.12% |
| Taiwan Semiconductor Mfg Ltd |
Closed
71,400
|
$9,713,970,000 | |
| KE Holdings Inc. |
Closed
638,810
|
$8,770,861,000 | |
| TAL Education Group |
60.86%
758,442
|
$8,092,576,000 | 7.39% |
| Amazon.com Inc. |
Opened
39,700
|
$7,672,025,000 | 7.00% |
| Dell Technologies Inc |
Opened
42,300
|
$5,833,593,000 | 5.32% |
| NetEase Inc |
12.87%
57,600
|
$5,505,408,000 | 5.02% |
| Western Digital Corp. |
251.28%
68,500
|
$5,190,245,000 | 4.74% |
| New Oriental Ed Technology |
Opened
55,800
|
$4,337,334,000 | 3.96% |
| Trip.com Group Ltd |
56.71%
66,500
|
$3,125,500,000 | 2.85% |
| Advanced Micro Devices Inc. |
Opened
18,400
|
$2,984,664,000 | 2.72% |
| Micron Technology Inc. |
Closed
25,000
|
$2,947,250,000 | |
| Qualcomm, Inc. |
Closed
16,500
|
$2,793,450,000 | |
| Qifu Technology Inc. |
36.05%
110,500
|
$2,180,165,000 | 1.99% |
| Futu Hldgs Ltd |
Opened
29,700
|
$1,948,469,000 | 1.78% |
| Enphase Energy Inc |
Opened
18,500
|
$1,844,635,000 | 1.68% |
| Atour Lifestyle Hldgs Ltd |
39.87%
95,100
|
$1,745,085,000 | 1.59% |
| MGM Resorts International |
Opened
36,700
|
$1,630,948,000 | 1.49% |
| Snowflake Inc. |
Opened
11,800
|
$1,594,062,000 | 1.45% |
| Airbnb, Inc. |
Opened
10,000
|
$1,516,300,000 | 1.38% |
| Alibaba Group Hldg Ltd |
77.81%
20,500
|
$1,476,000,000 | 1.35% |
| NVIDIA Corp |
Opened
11,800
|
$1,457,772,000 | 1.33% |
| Onto Innovation Inc. |
Opened
6,600
|
$1,449,096,000 | 1.32% |
| NIO Inc |
Opened
334,200
|
$1,390,272,000 | 1.27% |
| Direxion Shs Etf Tr |
Opened
182,100
|
$1,387,602,000 | 1.27% |
| Direxion Shs Etf Tr |
Closed
189,750
|
$1,383,278,000 | |
| Valens Semiconductor Ltd |
60.18%
332,241
|
$1,059,849,000 | 0.97% |
| Lufax Holding Ltd |
Closed
244,650
|
$1,032,423,000 | |
| Li Auto Inc. |
Closed
20,900
|
$632,852,000 | |
| VNET Group Inc |
99.22%
2,434
|
$5,099,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||