Tairen Capital Ltd is an investment fund managing more than $2.79 trillion ran by Christopher Jiang. There are currently 25 companies in Mr. Jiang’s portfolio. The largest investments include PDD Inc and Apple Inc, together worth $1.3 trillion.
As of 7th August 2024, Tairen Capital Ltd’s top holding is 5,378,376 shares of PDD Inc currently worth over $715 billion and making up 25.7% of the portfolio value.
Relative to the number of outstanding shares of PDD Inc, Tairen Capital Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 2,796,278 shares of Apple Inc worth $589 billion, whose value grew 20.2% in the past six months.
The third-largest holding is Microsoft worth $482 billion and the next is Amazon.com worth $342 billion, with 1,768,335 shares owned.
Currently, Tairen Capital Ltd's portfolio is worth at least $2.79 trillion. 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.
The Tairen Capital Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Christopher Jiang serves as the SVP at Tairen Capital Ltd.
In the most recent 13F filing, Tairen Capital Ltd revealed that it had opened a new position in
Apple Inc and bought 2,796,278 shares worth $589 billion.
This means they effectively own approximately 0.1% of the company.
Apple Inc makes up
35.8%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 23.3% in the past year.
The investment fund also strengthened its position in PDD Inc by buying
1,788,076 additional shares.
This makes their stake in PDD Inc total 5,378,376 shares worth $715 billion.
PDD Inc soared 76.8% in the past year.
On the other hand, there are companies that Tairen Capital Ltd is getting rid of from its portfolio.
Tairen Capital Ltd closed its position in New Oriental Ed Technology on 14th August 2024.
It sold the previously owned 1,334,781 shares for $116 billion.
Christopher Jiang also disclosed a decreased stake in KLA by 0.2%.
This leaves the value of the investment at $86.1 billion and 104,454 shares.
The two most similar investment funds to Tairen Capital Ltd are Martin Currie Ltd and Provida Pension Fund Administrator. They manage $2.79 trillion and $2.79 trillion respectively.
Tairen Capital Ltd’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 59.1% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% 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
76% 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 $320 billion.
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 |
|---|---|---|---|
| PDD Holdings Inc |
49.80%
5,378,376
|
$715,055,089,000 | 25.66% |
| Apple Inc |
Opened
2,796,278
|
$588,952,072,000 | 21.14% |
| Microsoft Corporation |
557.79%
1,079,109
|
$482,307,768,000 | 17.31% |
| Amazon.com Inc. |
1,177.92%
1,768,335
|
$341,730,739,000 | 12.26% |
| Asml Holding N V |
321.17%
202,946
|
$207,558,963,000 | 7.45% |
| Lam Research Corp. |
199.47%
163,605
|
$174,214,784,000 | 6.25% |
| New Oriental Ed Technology |
Closed
1,334,781
|
$115,885,686,000 | |
| Qualcomm, Inc. |
Closed
630,537
|
$106,749,914,000 | |
| Vertiv Holdings Co |
Closed
1,264,522
|
$103,273,512,000 | |
| Micron Technology Inc. |
Closed
818,232
|
$96,461,370,000 | |
| Ansys Inc. |
Closed
263,648
|
$91,528,040,000 | |
| KLA Corp. |
18.27%
104,454
|
$86,123,368,000 | 3.09% |
| NVIDIA Corp |
Closed
93,207
|
$84,218,117,000 | |
| Alphabet Inc |
Opened
555,693
|
$101,585,186,000 | 3.65% |
| TAL Education Group |
Closed
3,975,438
|
$45,121,221,000 | |
| Snowflake Inc. |
Closed
166,245
|
$26,865,192,000 | |
| Daqo New Energy Corp |
Closed
881,468
|
$24,813,324,000 | |
| Amphenol Corp. |
Closed
191,000
|
$22,031,850,000 | |
| Synopsys, Inc. |
Closed
33,767
|
$19,297,841,000 | |
| Teradyne, Inc. |
Opened
128,743
|
$19,091,299,000 | 0.69% |
| Oracle Corp. |
Closed
127,000
|
$15,952,470,000 | |
| Taiwan Semiconductor Mfg Ltd |
Closed
106,601
|
$14,503,066,000 | |
| Hewlett Packard Enterprise C |
Opened
525,000
|
$11,114,250,000 | 0.40% |
| Salesforce Inc |
Opened
43,000
|
$11,055,300,000 | 0.40% |
| Gaotu Techedu Inc |
Closed
1,644,600
|
$10,772,130,000 | |
| Shopify Inc |
15.35%
152,777
|
$10,090,921,000 | 0.36% |
| Datadog Inc |
Closed
77,000
|
$9,517,200,000 | |
| Broadcom Inc |
Opened
5,392
|
$8,657,018,000 | 0.31% |
| Lululemon Athletica inc. |
Closed
21,000
|
$8,203,650,000 | |
| Interactive Brokers Group In |
Closed
63,963
|
$7,145,307,000 | |
| HubSpot Inc |
388.85%
9,777
|
$5,766,377,000 | 0.21% |
| Netflix Inc. |
Closed
9,000
|
$5,465,970,000 | |
| Spdr Ser Tr |
Opened
54,700
|
$5,020,366,000 | 0.18% |
| On Hldg Ag |
Closed
130,000
|
$4,599,400,000 | |
| MongoDB Inc |
Closed
12,000
|
$4,303,680,000 | |
| Intuit Inc |
Opened
6,000
|
$3,943,260,000 | 0.14% |
| Disney Walt Co |
No change
35,000
|
$3,475,150,000 | 0.12% |
| Snap Inc |
66.67%
200,000
|
$3,322,000,000 | 0.12% |
| Unity Software Inc. |
No change
141,227
|
$2,296,351,000 | 0.08% |
| Airbnb, Inc. |
100.00%
10,000
|
$1,516,300,000 | 0.05% |
| CyberArk Software Ltd |
Closed
5,500
|
$1,460,965,000 | |
| Monday Com Ltd |
71.43%
6,000
|
$1,444,560,000 | 0.05% |
| Wix.com Ltd |
Closed
10,000
|
$1,374,800,000 | |
| ZoomInfo Technologies Inc. |
Opened
70,000
|
$893,900,000 | 0.03% |
| DocuSign Inc |
Closed
12,900
|
$768,195,000 | |
| NetEase Inc |
99.45%
4,560
|
$435,845,000 | 0.02% |
| Credo Technology Group Holdi |
Opened
13,600
|
$434,384,000 | 0.02% |
| Trip.com Group Ltd |
Opened
8,050
|
$378,350,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 48 holdings | |||