Valliance Asset Management Ltd 13F annual report

Valliance Asset Management Ltd is an investment fund managing more than $33.4 billion ran by Larri Ballin. There are currently 11 companies in Ballin’s portfolio. The largest investments include Apple Inc and Micron Technology, together worth $10.4 billion.

$33.4 billion Assets Under Management (AUM)

As of 31st July 2024, Valliance Asset Management Ltd’s top holding is 25,000 shares of Apple Inc currently worth over $5.27 billion and making up 15.8% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Valliance Asset Management Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 39,000 shares of Micron Technology worth $5.13 billion, whose value grew 6.2% in the past six months. The third-largest holding is Taiwan Semiconductor Mfg Ltd worth $4.35 billion and the next is Trip.com Ltd worth $3.91 billion, with 83,100 shares owned.

Currently, Valliance Asset Management Ltd's portfolio is worth at least $33.4 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 Valliance Asset Management Ltd

The Valliance Asset Management Ltd office and employees reside in Central, Hong Kong. According to the last 13-F report filed with the SEC, Larri Ballin serves as the Chief Compliance Officer at Valliance Asset Management Ltd.

Recent trades

In the most recent 13F filing, Valliance Asset Management Ltd revealed that it had opened a new position in Apple Inc and bought 25,000 shares worth $5.27 billion. This means they effectively own approximately 0.1% of the company. Apple Inc makes up 57.4% of the fund's Consumer Discretionary sector allocation and has grown its share price by 17.0% in the past year.

The investment fund also strengthened its position in Amphenol by buying 2,000 additional shares. This makes their stake in Amphenol total 12,000 shares worth $808 million. Amphenol dropped 34.3% in the past year.

On the other hand, there are companies that Valliance Asset Management Ltd is getting rid of from its portfolio. Valliance Asset Management Ltd closed its position in Amazon.com on 7th August 2024. It sold the previously owned 16,300 shares for $2.94 billion. Larri Ballin also disclosed a decreased stake in Equinix Inc by 0.7%. This leaves the value of the investment at $908 million and 1,200 shares.

One of the smallest hedge funds

The two most similar investment funds to Valliance Asset Management Ltd are Spartan Fund Management and Anchorage Capital Advisors, L.P.. They manage $33.4 billion and $33.5 billion respectively.

Larri Ballin investment strategy

Valliance Asset Management Ltd’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Technology — making up 46.0% of the total portfolio value. The fund focuses on investments in the United States as 54.5% of the portfolio companies are based in the United States.

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 73% 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 $333 billion.

The complete list of Valliance Asset Management Ltd trades based on 13F SEC filings

These positions were updated on August 7th 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
Apple Inc	Opened 25,000	$5,265,500,000	15.79%
Micron Technology Inc.	Opened 39,000	$5,129,670,000	15.38%
Taiwan Semiconductor Mfg Ltd	Opened 25,000	$4,345,250,000	13.03%
Trip.com Group Ltd	Opened 83,100	$3,905,700,000	11.71%
NVIDIA Corp	Opened 28,880	$3,567,835,000	10.70%
Lam Research Corp.	Opened 2,980	$3,173,253,000	9.51%
Asml Holding N V	Opened 3,000	$3,068,190,000	9.20%
Amazon.com Inc.	Closed 16,300	$2,940,194,000
Digital Rlty Tr Inc	Closed 20,000	$2,880,800,000
Flex Ltd	Opened 90,000	$2,654,100,000	7.96%
Snowflake Inc.	Closed 7,360	$1,189,376,000
Curtiss-Wright Corp.	Closed 4,400	$1,126,136,000
Equinix Inc	70.00% 1,200	$907,920,000	2.72%
Amphenol Corp.	20.00% 12,000	$808,440,000	2.42%
Ge Vernova Inc	Opened 3,080	$528,251,000	1.58%
No transactions found
Showing first 500 out of 15 holdings