Ward Ferry Management (bvi) Ltd 13F annual report

Ward Ferry Management (bvi) Ltd is an investment fund managing more than $742 million ran by Gwendoline Yong. There are currently 7 companies in Mrs. Yong’s portfolio. The largest investments include Sea Ltd and Full Truck Alliance, together worth $328 million.

$742 million Assets Under Management (AUM)

As of 6th August 2024, Ward Ferry Management (bvi) Ltd’s top holding is 2,618,041 shares of Sea Ltd currently worth over $187 million and making up 25.2% of the portfolio value. Relative to the number of outstanding shares of Sea Ltd, Ward Ferry Management (bvi) Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 17,595,284 shares of Full Truck Alliance worth $141 million. The third-largest holding is H World Group Ltd worth $137 million and the next is Freshworks Inc worth $120 million, with 9,445,297 shares owned.

Currently, Ward Ferry Management (bvi) Ltd's portfolio is worth at least $742 million. 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 Ward Ferry Management (bvi) Ltd

The Ward Ferry Management (bvi) Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Gwendoline Yong serves as the Chief Compliance Officer at Ward Ferry Management (bvi) Ltd.

Recent trades

In the most recent 13F filing, Ward Ferry Management (bvi) Ltd revealed that it had increased its stake in Full Truck Alliance and bought 1,364,600 additional shares worth around .

On the other hand, there are companies that Ward Ferry Management (bvi) Ltd is getting rid of from its portfolio. Ward Ferry Management (bvi) Ltd closed its position in TDCX on 13th August 2024. It sold the previously owned 2,732,857 shares for $16.2 million. Gwendoline Yong also disclosed a decreased stake in Sea Ltd by 0.4%. This leaves the value of the investment at $187 million and 2,618,041 shares.

One of the smallest hedge funds

The two most similar investment funds to Ward Ferry Management (bvi) Ltd are Glg Partners and Violich Capital Management. They manage $740 million and $740 million respectively.

Gwendoline Yong investment strategy

Ward Ferry Management (bvi) Ltd’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Communication Services — making up 25.2% of the total portfolio value. The fund focuses on investments in the Singapore as 14.3% of the portfolio companies are based in the Singapore.

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 29% 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 $24 billion.

The complete list of Ward Ferry Management (bvi) 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
Sea Ltd	40.76% 2,618,041	$186,980,000	25.19%
Full Truck Alliance	8.41% 17,595,284	$141,466,000	19.06%
H World Group Ltd	5.96% 4,111,988	$137,011,000	18.46%
Freshworks Inc	14.20% 9,445,297	$119,861,000	16.15%
Grab Holdings Limited	87.77% 30,029,615	$106,605,000	14.36%
Zto Express Cayman Inc	40.46% 2,183,677	$45,311,000	6.11%
TDCX Inc.	Closed 2,732,857	$16,151,000
Perfect Corp	Closed 2,887,228	$9,470,000
KE Holdings Inc.	47.43% 346,440	$4,902,000	0.66%
No transactions found
Showing first 500 out of 9 holdings