Library Research Ltd 13F annual report

Library Research Ltd is an investment fund managing more than $58.1 billion ran by Wendy Chan. There are currently 3 companies in Mrs. Chan’s portfolio. The largest investments include PDD Inc and Gds Holdings Ltd, together worth $57.4 billion.

$58.1 billion Assets Under Management (AUM)

As of 2nd February 2024, Library Research Ltd’s top holding is 357,302 shares of PDD Inc currently worth over $52.3 billion and making up 89.9% of the portfolio value. Relative to the number of outstanding shares of PDD Inc, Library Research Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 557,685 shares of Gds Holdings Ltd worth $5.09 billion. The third-largest holding is Kanzhun Ltd worth $762 million.

Currently, Library Research Ltd's portfolio is worth at least $58.1 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 Library Research Ltd

The Library Research Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Wendy Chan serves as the Chief Operating Officer at Library Research Ltd.

Recent trades

There are companies that Library Research Ltd is getting rid of from its portfolio. Library Research Ltd closed its position in ZTO Express (Cayman) Inc on 9th February 2024. It sold the previously owned 1,081,315 shares for $27.1 billion. Wendy Chan also disclosed a decreased stake in Gds Holdings Ltd by 0.2%. This leaves the value of the investment at $5.09 billion and 557,685 shares.

One of the smallest hedge funds

The two most similar investment funds to Library Research Ltd are Loomis Sayles & Co L P and First Growth Investment Manager L.P.. They manage $58.2 billion and $58 billion respectively.

Wendy Chan investment strategy

Library Research Ltd’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 89.9% of the total portfolio value. The fund focuses on investments in the China as 33.3% 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 33% 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 $114 billion.

The complete list of Library Research Ltd trades based on 13F SEC filings

These positions were updated on February 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	No change 357,302	$52,276,856,000	89.94%
ZTO Express (Cayman) Inc	Closed 1,081,315	$27,119,380,000
Gds Holdings Ltd	24.74% 557,685	$5,086,087,000	8.75%
Kanzhun Ltd	No change 45,883	$762,117,000	1.31%
No transactions found
Showing first 500 out of 4 holdings