Mass Ave Global is an investment fund managing more than $295 billion ran by Anton Bletsov. There are currently 30 companies in Mr. Bletsov’s portfolio. The largest investments include Alibaba Group Hldg Ltd and Credo Technology Group Holdi, together worth $130 billion.
As of 7th February 2023, Mass Ave Global’s top holding is 1,062,105 shares of Alibaba Group Hldg Ltd currently worth over $93.6 billion and making up 31.7% of the portfolio value.
In addition, the fund holds 2,765,336 shares of Credo Technology Group Holdi worth $36.8 billion.
The third-largest holding is JD.com Inc worth $31.1 billion and the next is NetEase Inc worth $17 billion, with 234,000 shares owned.
Currently, Mass Ave Global's portfolio is worth at least $295 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.
The Mass Ave Global office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Anton Bletsov serves as the Director, Finance and Operations at Mass Ave Global.
In the most recent 13F filing, Mass Ave Global revealed that it had opened a new position in
NetEase Inc and bought 234,000 shares worth $17 billion.
This means they effectively own approximately 0.1% of the company.
NetEase Inc makes up
42.7%
of the fund's Technology sector allocation and has decreased its share price by 10.3% in the past year.
The investment fund also strengthened its position in Alibaba Group Hldg Ltd by buying
795,265 additional shares.
This makes their stake in Alibaba Group Hldg Ltd total 1,062,105 shares worth $93.6 billion.
On the other hand, there are companies that Mass Ave Global is getting rid of from its portfolio.
Mass Ave Global closed its position in Microsoft on 14th February 2023.
It sold the previously owned 121,973 shares for $28.4 million.
Anton Bletsov also disclosed a decreased stake in Amazon.com by 0.5%.
This leaves the value of the investment at $14 billion and 167,101 shares.
The two most similar investment funds to Mass Ave Global are Skyoak Wealth and Ethos. They manage $295 billion and $295 billion respectively.
Mass Ave Global’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 21.4% of
the total portfolio value.
The fund focuses on investments in the United States as
56.7% 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
60% 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 $75.8 billion.
These positions were updated on February 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 |
|---|---|---|---|
| Alibaba Group Hldg Ltd |
298.03%
1,062,105
|
$93,560,829,000 | 31.73% |
| Credo Technology Group Holdi |
5.16%
2,765,336
|
$36,806,622,000 | 12.48% |
| JD.com Inc |
1,138.95%
553,524
|
$31,069,302,000 | 10.54% |
| NetEase Inc |
Opened
234,000
|
$16,995,420,000 | 5.76% |
| Amazon.com Inc. |
49.79%
167,101
|
$14,036,484,000 | 4.76% |
| Dominos Pizza Inc |
Opened
38,363
|
$13,288,943,000 | 4.51% |
| Disney Walt Co |
Opened
145,871
|
$12,673,272,000 | 4.30% |
| Atour Lifestyle Holdings Ltd |
Opened
608,000
|
$11,010,880,000 | 3.73% |
| Elastic N.V |
52.23%
141,910
|
$7,308,365,000 | 2.48% |
| Gds Hldgs Ltd |
Opened
315,691
|
$6,509,548,000 | 2.21% |
| Netflix Inc. |
3.11%
21,949
|
$6,472,321,000 | 2.20% |
| PayPal Holdings Inc |
80.94%
72,810
|
$5,185,528,000 | 1.76% |
| Alteryx Inc |
Opened
86,592
|
$4,387,617,000 | 1.49% |
| Kanzhun Limited |
65.34%
182,651
|
$3,720,601,000 | 1.26% |
| Las Vegas Sands Corp |
11.52%
76,641
|
$3,684,133,000 | 1.25% |
| Endeavor Group Hldgs Inc |
Opened
138,624
|
$3,124,585,000 | 1.06% |
| Marvell Technology Inc |
33.23%
84,180
|
$3,118,027,000 | 1.06% |
| DoorDash Inc |
40.16%
58,801
|
$2,870,665,000 | 0.97% |
| Twilio Inc |
Opened
54,976
|
$2,691,625,000 | 0.91% |
| NVIDIA Corp |
79.61%
17,483
|
$2,554,966,000 | 0.87% |
| H World Group Ltd |
60.09%
52,611
|
$2,231,759,000 | 0.76% |
| Okta Inc |
Opened
29,765
|
$2,033,842,000 | 0.69% |
| Pfizer Inc. |
Opened
37,345
|
$1,913,558,000 | 0.65% |
| Sea Ltd |
37.94%
36,560
|
$1,902,217,000 | 0.65% |
| Edwards Lifesciences Corp |
Opened
18,535
|
$1,382,896,000 | 0.47% |
| West Pharmaceutical Svsc Inc |
Opened
5,833
|
$1,372,797,000 | 0.47% |
| Yum China Holdings Inc |
Opened
16,025
|
$875,766,000 | 0.30% |
| Zoetis Inc |
Opened
5,028
|
$736,853,000 | 0.25% |
| Block Inc |
Opened
10,780
|
$677,415,000 | 0.23% |
| CVS Health Corp |
Opened
7,156
|
$666,868,000 | 0.23% |
| Microsoft Corporation |
Closed
121,973
|
$28,408,000 | |
| Advanced Micro Devices Inc. |
Closed
194,922
|
$12,350,000 | |
| Splunk Inc |
Closed
115,284
|
$8,669,000 | |
| Tesla Inc |
Closed
28,897
|
$7,665,000 | |
| Pinterest Inc |
Closed
258,482
|
$6,023,000 | |
| Datadog Inc |
Closed
58,591
|
$5,202,000 | |
| PDD Holdings Inc |
Closed
75,691
|
$4,737,000 | |
| Insulet Corporation |
Closed
10,586
|
$2,428,000 | |
| Bill.com Holdings Inc |
Closed
18,267
|
$2,418,000 | |
| Micron Technology Inc. |
Closed
46,850
|
$2,347,000 | |
| Li Auto Inc. |
Closed
76,723
|
$1,765,000 | |
| Cloudflare Inc |
Closed
31,728
|
$1,755,000 | |
| KE Holdings Inc. |
Closed
96,669
|
$1,694,000 | |
| Nanostring Technologies Inc |
Closed
81,640
|
$1,043,000 | |
| Qiagen NV |
Closed
24,978
|
$1,031,000 | |
| 10x Genomics, Inc. |
Closed
32,750
|
$933,000 | |
| Activision Blizzard Inc |
Closed
10,483
|
$779,000 | |
| No transactions found | |||
| Showing first 500 out of 47 holdings | |||