Hillhouse Capital Management, Ltd 13F annual report
Hillhouse Capital Management, Ltd is an investment fund managing more than $3.13 billion ran by Richard Hornung. There are currently 34 companies in Mr. Hornung’s portfolio. The largest investments include iQIYI and Uber Technologies, together worth $1.44 billion.
$3.13 billion Assets Under Management (AUM)
As of 7th October 2020, Hillhouse Capital Management, Ltd’s top holding is 36,006,170 shares of iQIYI currently worth over $744 million and making up 23.7% of the portfolio value.
Relative to the number of outstanding shares of iQIYI, Hillhouse Capital Management, Ltd owns more than 0.1% of the company.
In addition, the fund holds 15,035,487 shares of Uber Technologies worth $697 million, whose value grew 28.1% in the past six months.
The third-largest holding is Sea Ltd worth $254 million and the next is Enstar Group Limited worth $210 million, with 1,204,353 shares owned.
Currently, Hillhouse Capital Management, Ltd's portfolio is worth at least $3.13 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 Hillhouse Capital Management, Ltd
The Hillhouse Capital Management, Ltd office and employees reside in George Town, Grand Cayman, Cayman Islands. According to the last 13-F report filed with the SEC, Richard Hornung serves as the GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER at Hillhouse Capital Management, Ltd.
Recent trades
In the most recent 13F filing, Hillhouse Capital Management, Ltd revealed that it had opened a new position in iQIYI and bought 36,006,170 shares worth $744 million.
One of the largest hedge funds
The two most similar investment funds to Hillhouse Capital Management, Ltd are Brinker Capital Inc and Ziegler Capital Management. They manage $3.13 billion and $3.14 billion respectively.
Richard Hornung investment strategy
Hillhouse Capital Management, Ltd’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 50.5% of
the total portfolio value.
The fund focuses on investments in the United States as
44.1% 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
44% of the total holdings value.
On the other hand, small-cap stocks make up only 2.9% of the portfolio.
The average market cap of the portfolio companies is close to $212 billion.
The complete list of Hillhouse Capital Management, Ltd 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 |
|---|---|---|---|
| iQIYI, Inc. |
Opened
36,006,170
|
$743,527,000 | 23.73% |
| Uber Technologies, Inc. |
Opened
15,035,487
|
$697,346,000 | 22.26% |
| Sea Ltd |
Opened
7,657,037
|
$254,367,000 | 8.12% |
| Enstar Group Limited |
Opened
1,204,353
|
$209,895,000 | 6.70% |
| BeiGene Ltd. |
Opened
1,034,306
|
$128,202,000 | 4.09% |
| Covetrus Inc |
Opened
4,667,925
|
$114,177,000 | 3.64% |
| Gossamer Bio Inc |
Opened
4,974,041
|
$110,324,000 | 3.52% |
| Nio Inc |
Opened
41,938,286
|
$106,943,000 | 3.41% |
| Alibaba Group Hldg Ltd |
Opened
594,538
|
$100,744,000 | 3.22% |
| TAL Education Group |
Opened
2,269,549
|
$86,470,000 | 2.76% |
| Amazon.com, Inc. |
Opened
43,156
|
$81,721,000 | 2.61% |
| Facebook, Inc. |
Opened
294,497
|
$56,838,000 | 1.81% |
| BridgeBio Pharma, Inc. |
Opened
2,035,790
|
$54,905,000 | 1.75% |
| Apellis Pharmaceuticals, Inc. |
Opened
2,098,581
|
$53,178,000 | 1.70% |
| Pinduoduo, Inc. |
Opened
2,169,449
|
$44,756,000 | 1.43% |
| Tesla, Inc. |
Opened
147,700
|
$33,005,000 | 1.05% |
| Netflix, Inc. |
Opened
88,902
|
$32,655,000 | 1.04% |
| Square, Inc. |
Opened
428,675
|
$31,092,000 | 0.99% |
| Bilibili, Inc. |
Opened
1,823,721
|
$29,672,000 | 0.95% |
| Apple, Inc. |
Opened
127,759
|
$25,286,000 | 0.81% |
| Uxin Ltd. |
Opened
10,725,209
|
$23,595,000 | 0.75% |
| MercadoLibre, Inc. |
Opened
32,600
|
$19,944,000 | 0.64% |
| JD.com, Inc. |
Opened
558,400
|
$16,914,000 | 0.54% |
| Mogu, Inc. |
Opened
5,223,485
|
$14,887,000 | 0.48% |
| NextCure, Inc. |
Opened
978,570
|
$14,659,000 | 0.47% |
| Moderna, Inc. |
Opened
978,434
|
$14,324,000 | 0.46% |
| Akero Therapeutics, Inc. |
Opened
297,521
|
$5,698,000 | 0.18% |
| China Jo-Jo Drugstores, Inc. |
Opened
4,840,000
|
$5,372,000 | 0.17% |
| Arvinas, Inc. |
Opened
230,308
|
$5,064,000 | 0.16% |
| Tcr2 Therapeutics Inc |
Opened
322,903
|
$4,621,000 | 0.15% |
| HOOKIPA Pharma, Inc. |
Opened
657,540
|
$4,425,000 | 0.14% |
| Constellation Pharmceticls I |
Opened
317,921
|
$3,904,000 | 0.12% |
| Arcus Biosciences, Inc. |
Opened
342,128
|
$2,720,000 | 0.09% |
| Neon Therapeutics Inc |
Opened
399,308
|
$1,893,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 34 holdings | |||
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