Prime Capital Management Co Ltd 13F annual report

Prime Capital Management Co Ltd is an investment fund managing more than $762 billion ran by David Yu. There are currently 5 companies in Mr. Yu’s portfolio. The largest investments include NVIDIA Corp and Tesla Inc, together worth $619 billion.

$762 billion Assets Under Management (AUM)

As of 7th August 2024, Prime Capital Management Co Ltd’s top holding is 2,995,400 shares of NVIDIA Corp currently worth over $370 billion and making up 48.6% of the portfolio value. Relative to the number of outstanding shares of NVIDIA Corp, Prime Capital Management Co Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 1,256,248 shares of Tesla Inc worth $249 billion, whose value grew 4.7% in the past six months. The third-largest holding is Airbnb worth $57.8 billion and the next is Kinsale Cap Group Inc worth $44.5 billion, with 115,498 shares owned.

Currently, Prime Capital Management Co Ltd's portfolio is worth at least $762 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 Prime Capital Management Co Ltd

The Prime Capital Management Co Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, David Yu serves as the General Counsel and Chief Compliance Officer at Prime Capital Management Co Ltd.

Recent trades

In the most recent 13F filing, Prime Capital Management Co Ltd revealed that it had increased its stake in NVIDIA Corp and bought 2,695,860 additional shares worth around $313 million. This means they effectively own approximately 0.1% of the company. NVIDIA Corp makes up 90.0% of the fund's Technology sector allocation and has decreased its share price by 73.5% in the past year.

On the other hand, David Yu disclosed a decreased stake in Microsoft by 0.5%. This leaves the value of the investment at $41.2 billion and 92,139 shares.

One of the average hedge funds

The two most similar investment funds to Prime Capital Management Co Ltd are Community Bank, N.a and Perseverance Asset Management International. They manage $762 billion and $762 billion respectively.

David Yu investment strategy

Prime Capital Management Co Ltd’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Technology — making up 54.0% of the total portfolio value. The fund focuses on investments in the United States as 80.0% 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 80% 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 $711 billion.

The complete list of Prime Capital Management Co Ltd trades based on 13F SEC filings

These positions were updated on August 13th 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
NVIDIA Corp	900.00% 2,995,400	$370,051,716,000	48.56%
Tesla Inc	22.14% 1,256,248	$248,586,354,000	32.62%
Airbnb, Inc.	No change 381,173	$57,797,262,000	7.58%
Kinsale Cap Group Inc	91.14% 115,498	$44,499,069,000	5.84%
Microsoft Corporation	49.50% 92,139	$41,181,526,000	5.40%
No transactions found
Showing first 500 out of 5 holdings