Original title: Gao Gao's latest operation exposure! Big hand to reduce the beep mile beep, spell more, but one breath to buy this ticket into the top ten heavy stocks
On November 16th, Beijing time, HHLR Advisors, the fund manager who specializes in secondary market investments, released data on U.S. stock holdings for the third quarter of 2021.
HHLR Advisors held shares in 83 companies in the U.S. stock market at the end of the third quarter, with a market capitalization of $7,646 million, according to the data. Among them, China General Stock, Biotechnology, Innovation Economy and Technology are still the main investment lines of the secondary market team.
It is worth noting that the HHLR Advisors secondary market team in the third quarter continued to reduce positions related to the Internet online platform stocks, such as clearing the drop, large-scale reduction of the amount of money, beeping miles. At the same time, there are some new faces in the top 10 heavyweight stocks of the U.S. stock market.
"U.S. stocks Li Ning" newly promoted top ten heavy stocks
Data from 13F in the third quarter of 2021 show that the secondary market team continued to increase its investment in China's shares in the second quarter, holding a total of 83 companies. Among them, biotechnology, cloud computing and new energy and other technology-based enterprises more than 60, from the market value of holdings, the majority of shares still occupy the main position.
From its top ten heavy stock list can be seen, including Baiji Shenzhou, Dodo, Aichiyi, Tiantian Biology, JD.co., including the chinese stocks, still occupy the main positions of the secondary market team.
Notably, a new face emerged in the top 10 heavyweight stocks at the end of the third quarter, On On Run, which was listed as a new stock holder in the third quarter of HHLR Advisors, with 15.974 million shares and a market capitalization of $480 million.
Public records show that On On Run is a swiss sports brand, founded in 2010, known as "U.S. stock Li Ning." On September 15 this year, Onon Ran landed on the New York Stock Exchange, closing up 45.83 per cent on its first day of trading. Prior to the listing, on-on-run Shareholders with more than 5 per cent of China's shares included HH OAG Holdings HK Limited, part of China's Gaoxuan Capital, according to the prospectus. After the listing, OnAng Ran said it wanted to work in the Chinese market, which is the fastest growing market. In 2020, OnAng's net sales in China were 5.5 million Swiss francs (about 39 million yuan), up 199% year-on-year.
Interestingly, Gao's previous layout of domestic sports brands has also been made. In June this year, Teep International announced that on June 15, 2021, the company was awarded a HK$500 million convertible bond. At the same time, the Group has established a strategic partnership with Teeb global investment Co., Ltd., which owns and owns the "Gestapo" and "Paladin" operations.
Increase investment in science and technology
In addition to the high-profile layout of sports brands, HHLR Advisors also increased its investment in the technology sector in the third quarter.
HHLR Advisors continued to add to the FTSE in the third quarter, rising from 10th to sixth place in the Dow Jones component last year, according to 13F data. Meanwhile, HHLR Advisors added nine new biotech companies and six technology companies, including AMD and SEA, in the third quarter.
Previously, Gao said publicly that the next two to five years in the field of semiconductors, cutting-edge technology, new energy and intelligent hardware four sub-tracks, and hard technology as a "historic period of structural investment." According to statistics, since this year, gao's participation in the A-share research in the field of electrical equipment, semiconductor equipment, electronic components and other hard technology related listed companies increased to 43, accounting for nearly 40%.
In the primary market, Gao also concentrated in the field of science and technology "firepower". More than 80% of the 200 projects invested in the first year of the venture, which was set up last year, are concentrated in the two major areas of technology and healthcare. In the first half of this year, Gao Xuan invested in 80 hard science and technology projects, including a number of state-level specialized specialty new enterprises. According to gao's statistics, in the third quarter of this year, gao's first-level team continued to sell in advanced manufacturing, industrial Internet, industrial software and other hard technology-related track layout, investment in more than 30 related enterprises.
Clearing the warehouse drop-off large hand to reduce the size of the Internet
From the action to reduce positions, continue the first half of the thinking, Gao Xuan in the third quarter of this year continued to reduce some of the Internet online platform companies.
HHLR Advisors held more than 2.808 million shares at the end of the third quarter, down about two-thirds from the 4.094 million at the end of the second quarter, according to 13F data 80,000 shares, down 1.36 million shares from the end of the second quarter, while HHLR Advisors held 3.016 million shares at the end of the second quarter, and HHLR Advisors' positions were no longer visible by the end of the third quarter.
Judging from the stock price performance, this year a number of Internet online platform target correction is obvious. Industry analysts said that HHLR Advisors' position reduction operation is mainly due to two reasons: First, more and more stars in the Hong Kong stock market secondary listing, which for professional investment institutions to adjust their positions, in the Hong Kong stock market to continue to restock Chinese outstanding enterprises to provide more flexible space;