Nan Fung Trinity (hk) Ltd 13F annual report

Nan Fung Trinity (hk) Ltd is an investment fund managing more than $438 billion ran by Ben Yip. There are currently 22 companies in Mr. Yip’s portfolio. The largest investments include Baidu Inc and VanEck ETF Trust, together worth $118 billion.

$438 billion Assets Under Management (AUM)

As of 26th July 2024, Nan Fung Trinity (hk) Ltd’s top holding is 810,721 shares of Baidu Inc currently worth over $70.1 billion and making up 16.0% of the portfolio value. Relative to the number of outstanding shares of Baidu Inc, Nan Fung Trinity (hk) Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 2,007,400 shares of VanEck ETF Trust worth $47.7 billion, whose value grew 7.2% in the past six months. The third-largest holding is Ishares Inc worth $40 billion and the next is Zillow Inc worth $24.9 billion, with 536,000 shares owned.

Currently, Nan Fung Trinity (hk) Ltd's portfolio is worth at least $438 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 Nan Fung Trinity (hk) Ltd

The Nan Fung Trinity (hk) Ltd office and employees reside in Central, Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Ben Yip serves as the General Counsel at Nan Fung Trinity (hk) Ltd.

Recent trades

In the most recent 13F filing, Nan Fung Trinity (hk) Ltd revealed that it had opened a new position in Zillow Inc and bought 536,000 shares worth $24.9 billion. This means they effectively own approximately 0.1% of the company. Zillow Inc makes up 88.5% of the fund's Real Estate sector allocation and has decreased its share price by 10.6% in the past year.

The investment fund also strengthened its position in Baidu Inc by buying 209,000 additional shares. This makes their stake in Baidu Inc total 810,721 shares worth $70.1 billion. Baidu Inc dropped 39.6% in the past year.

On the other hand, there are companies that Nan Fung Trinity (hk) Ltd is getting rid of from its portfolio. Nan Fung Trinity (hk) Ltd closed its position in Bank America Corp on 2nd August 2024. It sold the previously owned 1,309,900 shares for $35.9 billion. Ben Yip also disclosed a decreased stake in VanEck ETF Trust by approximately 0.1%. This leaves the value of the investment at $47.7 billion and 2,007,400 shares.

One of the average hedge funds

The two most similar investment funds to Nan Fung Trinity (hk) Ltd are Lwmg and Goodman Corp. They manage $438 billion and $438 billion respectively.

Ben Yip investment strategy

Nan Fung Trinity (hk) Ltd’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Technology — making up 27.5% of the total portfolio value. The fund focuses on investments in the China as 22.7% 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 41% of the total holdings value. On the other hand, small-cap stocks make up 13.6% of the portfolio. The average market cap of the portfolio companies is close to $68 billion.

The complete list of Nan Fung Trinity (hk) Ltd trades based on 13F SEC filings

These positions were updated on August 2nd 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
Baidu Inc	34.73% 810,721	$70,111,152,000	16.01%
VanEck ETF Trust	9.45% 2,007,400	$47,735,972,000	10.90%
Ishares Inc	44.96% 737,700	$40,027,602,000	9.14%
Bank America Corp	Closed 1,309,900	$35,865,062,000
Zillow Group Inc	Opened 536,000	$24,865,040,000	5.68%
Amcor Plc	Opened 2,524,700	$24,691,566,000	5.64%
NetEase Inc	Opened 255,100	$24,382,458,000	5.57%
KraneShares Trust	31.40% 854,400	$23,085,888,000	5.27%
Qualcomm, Inc.	Closed 202,800	$22,522,968,000
Disney Walt Co	Closed 252,108	$20,433,353,000
Target Corp	Closed 181,600	$20,079,512,000
Citigroup Inc	Closed 483,500	$19,886,355,000
Air Prods & Chems Inc	Opened 69,300	$17,882,865,000	4.08%
Ishares Tr	No change 721,760	$17,097,917,000	3.90%
Universal Display Corp.	Closed 107,200	$16,829,328,000
Ppg Inds Inc	Opened 130,000	$16,365,700,000	3.74%
iQIYI Inc	10.03% 4,392,450	$16,120,292,000	3.68%
Alphabet Inc	Closed 117,683	$15,399,997,000
PDD Holdings Inc	25.31% 114,500	$15,222,775,000	3.48%
Verizon Communications Inc	Opened 354,900	$14,636,076,000	3.34%
AT&T Inc.	Opened 757,400	$14,473,914,000	3.31%
Advanced Micro Devices Inc.	Closed 139,600	$14,353,672,000
Trip.com Group Ltd	Closed 349,376	$12,217,679,000
Delta Air Lines, Inc.	Closed 316,896	$11,725,152,000
Pinterest Inc	Closed 417,900	$11,295,837,000
Cisco Sys Inc	Opened 235,500	$11,188,605,000	2.55%
Crown Holdings, Inc.	Opened 144,800	$10,771,672,000	2.46%
Vornado Rlty Tr	175.32% 381,600	$10,032,264,000	2.29%
NVIDIA Corp	25.84% 81,130	$10,022,800,000	2.29%
Boston Properties Inc	47.99% 158,200	$9,738,792,000	2.22%
Gilead Sciences, Inc.	Opened 133,700	$9,173,157,000	2.09%
Sl Green Rlty Corp	Opened 125,000	$7,080,000,000	1.62%
Carnival Corp.	Closed 479,900	$6,584,228,000
Humana Inc.	Closed 12,800	$6,227,456,000
Royal Caribbean Group	Closed 62,300	$5,740,322,000
Spdr Ser Tr	Closed 72,300	$5,279,346,000
KE Holdings Inc.	55.21% 227,790	$3,223,229,000	0.74%
Empire St Rlty Tr Inc	Closed 393,900	$3,166,956,000
Dow Inc	Closed 42,500	$2,191,300,000
International Flavors&fragra	Closed 27,000	$1,840,590,000
Huntsman Corp	Closed 40,000	$976,000,000
No transactions found
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