Genesis Asset Managers, LL.P. 13F annual report
Genesis Asset Managers, LL.P. is an investment fund managing more than $3.53 billion ran by Chris Ellyatt. There are currently 18 companies in Mr. Ellyatt’s portfolio. The largest investments include Alibaba Group Holding Ltd - Ads and 58.com, together worth $1.22 billion.
$3.53 billion Assets Under Management (AUM)
As of 7th October 2020, Genesis Asset Managers, LL.P.’s top holding is 4,274,689 shares of Alibaba Group Holding Ltd - Ads currently worth over $724 million and making up 20.5% of the portfolio value.
In addition, the fund holds 7,971,754 shares of 58.com worth $496 million, whose value grew 7.9% in the past six months.
The third-largest holding is New Oriental Ed & Tech Grp 1 Spon worth $439 million and the next is Cognizant Technology Soluti Ons worth $325 million, with 5,129,800 shares owned.
Currently, Genesis Asset Managers, LL.P.'s portfolio is worth at least $3.53 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 Asset Managers, LL.P.
The Genesis Asset Managers, LL.P. office and employees reside in Guernsey, Channel Islands, United Kingdom. According to the last 13-F report filed with the SEC, Chris Ellyatt serves as the Chief Compliance Officer at Genesis Asset Managers, LL.P..
Recent trades
In the most recent 13F filing, Genesis Asset Managers, LL.P. revealed that it had opened a new position in
NetEase and bought 759,483 shares worth $194 million.
This means they effectively own approximately 0.1% of the company.
NetEase makes up
18.6%
of the fund's Technology sector allocation and has decreased its share price by 67.1% in the past year.
The investment fund also strengthened its position in Alibaba Group Holding Ltd - Ads by buying
185,797 additional shares.
This makes their stake in Alibaba Group Holding Ltd - Ads total 4,274,689 shares worth $724 million.
On the other hand, there are companies that Genesis Asset Managers, LL.P. is getting rid of from its portfolio.
Genesis Asset Managers, LL.P. closed its position in First Cash Financial Services on 31st July 2019.
It sold the previously owned 479,059 shares for $41.4 million.
Chris Ellyatt also disclosed a decreased stake in New Oriental Ed & Tech Grp 1 Spon by approximately 0.1%.
This leaves the value of the investment at $439 million and 4,549,975 shares.
One of the largest hedge funds
The two most similar investment funds to Genesis Asset Managers, LL.P. are Clarkston Capital Partners and Rtw Investments, L.P.. They manage $3.53 billion and $3.54 billion respectively.
Chris Ellyatt investment strategy
Genesis Asset Managers, LL.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 29.5% of
the total portfolio value.
The fund focuses on investments in the China as
27.8% 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
6% 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 $11.2 billion.
The complete list of Genesis Asset Managers, LL.P. trades based on 13F SEC filings
These positions were updated on July 31st 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 |
|---|---|---|---|
| Alibaba Group Holding Ltd - Ads |
4.54%
4,274,689
|
$724,346,000 | 20.51% |
| 58.com Inc. |
1.57%
7,971,754
|
$495,604,000 | 14.03% |
| New Oriental Ed & Tech Grp 1 Spon |
9.97%
4,549,975
|
$439,437,000 | 12.44% |
| Cognizant Technology Soluti Ons |
15.45%
5,129,800
|
$325,178,000 | 9.21% |
| Yandex N V |
1.34%
5,801,957
|
$220,474,000 | 6.24% |
| Liberty Latin America Ltd. |
7.46%
12,273,182
|
$210,976,000 | 5.97% |
| Momo, Inc. |
3.74%
5,485,194
|
$196,370,000 | 5.56% |
| NetEase, Inc. |
Opened
759,483
|
$194,253,000 | 5.50% |
| Credicorp Ltd. |
14.82%
672,580
|
$153,960,000 | 4.36% |
| SINA Corp. |
181.52%
3,177,323
|
$137,038,000 | 3.88% |
| Bancolombia Adr |
9.44%
2,212,290
|
$112,915,000 | 3.20% |
| Liberty Latin America Ltd. |
2.70%
5,636,893
|
$97,124,000 | 2.75% |
| America Movil Adr |
3.10%
5,482,918
|
$79,831,000 | 2.26% |
| PriceSmart, Inc. |
0.09%
1,167,911
|
$59,704,000 | 1.69% |
| First Cash Financial Services |
Closed
479,059
|
$41,439,000 | |
| Loma Negra |
3.10%
2,951,104
|
$34,528,000 | 0.98% |
| Infosys Technology Ltd Adr |
10.44%
1,844,307
|
$19,734,000 | 0.56% |
| Weibo Corp. |
87.17%
440,896
|
$19,201,000 | 0.54% |
| Hdb Us Hdfc Bank Ltd Adr |
5.73%
90,066
|
$11,712,000 | 0.33% |
| No transactions found | |||
| Showing first 500 out of 19 holdings | |||
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