Genesis Investment Management, LL.P. 13F annual report
Genesis Investment Management, LL.P. is an investment fund managing more than $509 billion ran by Marguerite Mills. There are currently 14 companies in Mrs. Mills’s portfolio. The largest investments include PDD Inc and Credicorp Ltd, together worth $188 billion.
$509 billion Assets Under Management (AUM)
As of 5th July 2024, Genesis Investment Management, LL.P.’s top holding is 956,466 shares of PDD Inc currently worth over $127 billion and making up 25.0% of the portfolio value.
Relative to the number of outstanding shares of PDD Inc, Genesis Investment Management, LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 379,109 shares of Credicorp Ltd worth $61.2 billion, whose value grew 14.0% in the past six months.
The third-largest holding is Nu Hldgs Ltd worth $57.3 billion and the next is NetEase Inc worth $37.5 billion, with 392,466 shares owned.
Currently, Genesis Investment Management, LL.P.'s portfolio is worth at least $509 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.
Careers at Genesis Investment Management, LL.P.
The Genesis Investment Management, LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Marguerite Mills serves as the Chief Compliance Officer at Genesis Investment Management, LL.P..
Recent trades
In the most recent 13F filing, Genesis Investment Management, LL.P. revealed that it had opened a new position in
iQIYI Inc and bought 7,816,472 shares worth $28.7 billion.
This means they effectively own approximately 0.1% of the company.
iQIYI Inc makes up
28.7%
of the fund's Technology sector allocation and has decreased its share price by 28.4% in the past year.
The investment fund also strengthened its position in PDD Inc by buying
26,608 additional shares.
This makes their stake in PDD Inc total 956,466 shares worth $127 billion.
PDD Inc soared 84.8% in the past year.
On the other hand, there are companies that Genesis Investment Management, LL.P. is getting rid of from its portfolio.
Genesis Investment Management, LL.P. closed its position in MercadoLibre Inc on 12th July 2024.
It sold the previously owned 8,705 shares for $13.2 billion.
Marguerite Mills also disclosed a decreased stake in Credicorp Ltd by approximately 0.1%.
This leaves the value of the investment at $61.2 billion and 379,109 shares.
One of the average hedge funds
The two most similar investment funds to Genesis Investment Management, LL.P. are Strategic Advisors and Bridgecreek Investment Management. They manage $508 billion and $509 billion respectively.
Marguerite Mills investment strategy
Genesis Investment Management, LL.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 28.2% of
the total portfolio value.
The fund focuses on investments in the China as
28.6% 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
43% 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 $59.4 billion.
The complete list of Genesis Investment Management, LL.P. trades based on 13F SEC filings
These positions were updated on July 12th 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 |
2.86%
956,466
|
$127,162,155,000 | 25.00% |
| Credicorp Ltd |
5.36%
379,109
|
$61,161,655,000 | 12.02% |
| Nu Hldgs Ltd |
33.70%
4,443,477
|
$57,276,419,000 | 11.26% |
| NetEase Inc |
22.00%
392,466
|
$37,511,900,000 | 7.37% |
| United Microelectronics Corp |
81.74%
3,879,321
|
$33,982,852,000 | 6.68% |
| Infosys Ltd |
1.01%
1,818,677
|
$33,863,766,000 | 6.66% |
| iQIYI Inc |
Opened
7,816,472
|
$28,686,452,000 | 5.64% |
| Cognizant Technology Solutio |
107.02%
386,562
|
$26,286,216,000 | 5.17% |
| Liberty Latin America Ltd |
30.30%
3,261,553
|
$31,369,617,000 | 6.17% |
| Icici Bank Limited |
1.30%
614,135
|
$17,693,229,000 | 3.48% |
| Alibaba Group Hldg Ltd |
4.47%
223,280
|
$16,076,160,000 | 3.16% |
| JD.com Inc |
4.64%
620,999
|
$16,046,614,000 | 3.15% |
| Compania Cervecerias Unidas |
5.65%
1,187,665
|
$13,515,628,000 | 2.66% |
| MercadoLibre Inc |
Closed
8,705
|
$13,161,612,000 | |
| HDFC Bank Ltd. |
No change
124,707
|
$8,022,401,000 | 1.58% |
| Zai Lab Ltd |
Closed
216,123
|
$3,462,290,000 | |
| No transactions found | |||
| Showing first 500 out of 16 holdings | |||
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