Tiger Pacific Capital L.P. 13F annual report
Tiger Pacific Capital L.P. is an investment fund managing more than $347 billion ran by Boris Renault. There are currently 12 companies in Mr. Renault’s portfolio. The largest investments include TAL Education and Taiwan Semiconductor Mfg Ltd, together worth $166 billion.
$347 billion Assets Under Management (AUM)
As of 7th August 2024, Tiger Pacific Capital L.P.’s top holding is 9,113,394 shares of TAL Education currently worth over $97.2 billion and making up 28.0% of the portfolio value.
Relative to the number of outstanding shares of TAL Education, Tiger Pacific Capital L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 394,944 shares of Taiwan Semiconductor Mfg Ltd worth $68.6 billion.
The third-largest holding is Zto Express Cayman Inc worth $58.8 billion and the next is Qifu Technology worth $28.1 billion, with 1,424,610 shares owned.
Currently, Tiger Pacific Capital L.P.'s portfolio is worth at least $347 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 Tiger Pacific Capital L.P.
The Tiger Pacific Capital L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Boris Renault serves as the Chief Financial & Compliance Officer at Tiger Pacific Capital L.P..
Recent trades
In the most recent 13F filing, Tiger Pacific Capital L.P. revealed that it had opened a new position in
Xpeng and bought 1,726,438 shares worth $12.7 billion.
This means they effectively own approximately 0.1% of the company.
Xpeng makes up
10.1%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 57.1% in the past year.
The investment fund also strengthened its position in TAL Education by buying
860,694 additional shares.
This makes their stake in TAL Education total 9,113,394 shares worth $97.2 billion.
TAL Education soared 34.8% in the past year.
On the other hand, there are companies that Tiger Pacific Capital L.P. is getting rid of from its portfolio.
Tiger Pacific Capital L.P. closed its position in Amer Sports Inc on 14th August 2024.
It sold the previously owned 1,003,800 shares for $16.4 billion.
Boris Renault also disclosed a decreased stake in Taiwan Semiconductor Mfg Ltd by 0.2%.
This leaves the value of the investment at $68.6 billion and 394,944 shares.
One of the smaller hedge funds
The two most similar investment funds to Tiger Pacific Capital L.P. are C Partners Gmbh and Crumly & Associates. They manage $347 billion and $347 billion respectively.
Boris Renault investment strategy
Tiger Pacific Capital L.P.’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 36.0% 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
8% 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 $10.7 billion.
The complete list of Tiger Pacific Capital L.P. trades based on 13F SEC filings
These positions were updated on August 14th 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 |
|---|---|---|---|
| TAL Education Group |
10.43%
9,113,394
|
$97,239,914,000 | 28.03% |
| Taiwan Semiconductor Mfg Ltd |
16.84%
394,944
|
$68,645,217,000 | 19.79% |
| Zto Express Cayman Inc |
42.83%
2,835,777
|
$58,842,373,000 | 16.96% |
| Qifu Technology Inc. |
37.45%
1,424,610
|
$28,107,555,000 | 8.10% |
| Gaotu Techedu Inc |
6.38%
5,382,049
|
$26,372,040,000 | 7.60% |
| Noah Hldgs Ltd |
No change
1,880,865
|
$18,150,347,000 | 5.23% |
| Amer Sports Inc |
Closed
1,003,800
|
$16,361,940,000 | |
| Coupang, Inc. |
9.84%
720,916
|
$15,103,190,000 | 4.35% |
| Xpeng Inc. |
Opened
1,726,438
|
$12,654,791,000 | 3.65% |
| Rlx Technology Inc |
Closed
5,466,231
|
$10,495,164,000 | |
| New Oriental Ed Technology |
34.98%
123,989
|
$9,637,665,000 | 2.78% |
| Kanzhun Limited |
Closed
408,857
|
$7,167,263,000 | |
| Full Truck Alliance Co. Ltd. |
Opened
811,008
|
$6,520,504,000 | 1.88% |
| PDD Holdings Inc |
Closed
51,200
|
$5,952,000,000 | |
| Atrenew Inc |
No change
2,069,435
|
$4,904,561,000 | 1.41% |
| Webtoon Entmt Inc |
Opened
30,000
|
$684,900,000 | 0.20% |
| No transactions found | |||
| Showing first 500 out of 16 holdings | |||
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