Kaizen Capital Partners Ltd 13F annual report

Kaizen Capital Partners Ltd is an investment fund managing more than $124 billion ran by Shiong Tan. There are currently 4 companies in Tan’s portfolio. The largest investments include Dada Nexus Ltd and Grab Holdings Limited, together worth $98.5 billion.

$124 billion Assets Under Management (AUM)

As of 26th October 2023, Kaizen Capital Partners Ltd’s top holding is 12,281,623 shares of Dada Nexus Ltd currently worth over $54.7 billion and making up 44.1% of the portfolio value. Relative to the number of outstanding shares of Dada Nexus Ltd, Kaizen Capital Partners Ltd owns less than approximately 0.1% of the company. In addition, the fund holds 12,400,161 shares of Grab Holdings Limited worth $43.9 billion. The third-largest holding is Trip.com Ltd worth $12.8 billion and the next is NVIDIA Corp worth $12.5 billion, with 28,700 shares owned.

Currently, Kaizen Capital Partners Ltd's portfolio is worth at least $124 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 Kaizen Capital Partners Ltd

The Kaizen Capital Partners Ltd office and employees reside in Central, Hong Kong. According to the last 13-F report filed with the SEC, Shiong Tan serves as the Chief Executive Officer at Kaizen Capital Partners Ltd.

Recent trades

In the most recent 13F filing, Kaizen Capital Partners Ltd revealed that it had opened a new position in NVIDIA Corp and bought 28,700 shares worth $12.5 billion. This means they effectively own approximately 0.1% of the company. NVIDIA Corp makes up 100.0% of the fund's Technology sector allocation and has grown its share price by 220.2% in the past year.

The investment fund also strengthened its position in Dada Nexus Ltd by buying 788,425 additional shares. This makes their stake in Dada Nexus Ltd total 12,281,623 shares worth $54.7 billion. Dada Nexus Ltd soared 26.1% in the past year.

On the other hand, there are companies that Kaizen Capital Partners Ltd is getting rid of from its portfolio. Kaizen Capital Partners Ltd closed its position in HDFC Bank on 2nd November 2023. It sold the previously owned 475,814 shares for $33.2 billion. Shiong Tan also disclosed a decreased stake in Trip.com Ltd by 0.3%. This leaves the value of the investment at $12.8 billion and 365,637 shares.

One of the smallest hedge funds

The two most similar investment funds to Kaizen Capital Partners Ltd are Mid-american Wealth Advisory and 26north Partners L.P.. They manage $124 billion and $124 billion respectively.

Shiong Tan investment strategy

Kaizen Capital Partners Ltd’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 54.5% of the total portfolio value. The fund focuses on investments in the China as 50.0% 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 50% 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 $149 billion.

The complete list of Kaizen Capital Partners Ltd trades based on 13F SEC filings

These positions were updated on November 2nd 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
Dada Nexus Ltd	6.86% 12,281,623	$54,653,222,000	44.14%
Grab Holdings Limited	10.20% 12,400,161	$43,896,570,000	35.45%
HDFC Bank Ltd.	Closed 475,814	$33,164,236,000
Makemytrip Limited Mauritius	Closed 703,296	$18,974,926,000
Trip.com Group Ltd	26.93% 365,637	$12,786,326,000	10.33%
NVIDIA Corp	Opened 28,700	$12,484,213,000	10.08%
H World Group Ltd	Closed 123,600	$4,793,208,000
Farfetch Ltd	Closed 774,000	$4,674,960,000
No transactions found
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