Ocean Arete Ltd 13F annual report

Ocean Arete Ltd is an investment fund managing more than $6.31 billion ran by Zemin Li. There is currently 1 company in Li’s portfolio. The largest and only investment include Trip.com Ltd worth $6.31 billion.

$6.31 billion Assets Under Management (AUM)

As of 9th October 2023, Ocean Arete Ltd’s top holding is 180,300 shares of Trip.com Ltd currently worth over $6.31 billion and making up 100.0% of the portfolio value. Relative to the number of outstanding shares of Trip.com Ltd, Ocean Arete Ltd owns more than approximately 0.1% of the company.

Currently, Ocean Arete Ltd's portfolio is worth at least $6.31 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 Ocean Arete Ltd

The Ocean Arete Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Zemin Li serves as the CIO and Director at Ocean Arete Ltd.

Recent trades

There are companies that Ocean Arete Ltd is getting rid of from its portfolio. Ocean Arete Ltd closed its position in H World Group Ltd on 16th October 2023. It sold the previously owned 413,600 shares for $20.3 billion. Zemin Li also disclosed a decreased stake in Trip.com Ltd by 0.6%. This leaves the value of the investment at $6.31 billion and 180,300 shares.

One of the smallest hedge funds

The two most similar investment funds to Ocean Arete Ltd are Park Avenue Securities and Sender Co & Partners. They manage $6.32 billion and $6.29 billion respectively.

Zemin Li investment strategy

Ocean Arete Ltd’s portfolio is diversified across 1 sector. Currently, their heaviest sector is Consumer Discretionary — making up 100.0% of the total portfolio value. The fund focuses on investments in the China as 100.0% 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 100% 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 $21.4 billion.

The complete list of Ocean Arete Ltd trades based on 13F SEC filings

These positions were updated on October 16th 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
H World Group Ltd	Closed 413,600	$20,258,128,000
Zto Express Cayman Inc	Closed 252,100	$7,225,186,000
Trip.com Group Ltd	61.79% 180,300	$6,305,091,000	100.00%
New Oriental Ed & Technology	Closed 122,600	$4,733,586,000
Yum China Holdings Inc	Closed 55,500	$3,518,145,000
PDD Holdings Inc	Closed 11,000	$834,900,000
iQIYI Inc	Closed 50,000	$364,000,000
No transactions found
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