Gold Dragon Worldwide Asset Management Ltd 13F annual report

Gold Dragon Worldwide Asset Management Ltd is an investment fund managing more than $151 million ran by Rachel Kong. There are currently 2 companies in Mrs. Kong’s portfolio. The largest investments include 360 DigiTech Inc and FinVolution, together worth $151 million.

$151 million Assets Under Management (AUM)

As of 4th August 2022, Gold Dragon Worldwide Asset Management Ltd’s top holding is 4,201,534 shares of 360 DigiTech Inc currently worth over $78.6 million and making up 52.0% of the portfolio value. Relative to the number of outstanding shares of 360 DigiTech Inc, Gold Dragon Worldwide Asset Management Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 16,548,051 shares of FinVolution worth $72.7 million, whose value grew 2.1% in the past six months.

Currently, Gold Dragon Worldwide Asset Management Ltd's portfolio is worth at least $151 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 Gold Dragon Worldwide Asset Management Ltd

The Gold Dragon Worldwide Asset Management Ltd office and employees reside in Central, Hong Kong. According to the last 13-F report filed with the SEC, Rachel Kong serves as the COO at Gold Dragon Worldwide Asset Management Ltd.

Recent trades

There are companies that Gold Dragon Worldwide Asset Management Ltd is getting rid of from its portfolio. Gold Dragon Worldwide Asset Management Ltd closed its position in Pinduoduo Inc on 11th August 2022. It sold the previously owned 190,675 shares for $7.65 million. Rachel Kong also disclosed a decreased stake in 360 DigiTech Inc by approximately 0.1%. This leaves the value of the investment at $78.6 million and 4,201,534 shares.

One of the smallest hedge funds

The two most similar investment funds to Gold Dragon Worldwide Asset Management Ltd are Carolina Wealth Advisors and Opal Wealth Advisors. They manage $151 million and $151 million respectively.

Rachel Kong investment strategy

Gold Dragon Worldwide Asset Management Ltd’s portfolio is diversified across 1 sector. Currently, their heaviest sector is Finance — 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 approximately 0.1% 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 $1.76 billion.

The complete list of Gold Dragon Worldwide Asset Management Ltd trades based on 13F SEC filings

These positions were updated on August 11th 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
360 DigiTech Inc	6.85% 4,201,534	$78,603,000	51.96%
FinVolution Group	6.37% 16,548,051	$72,686,000	48.04%
Pinduoduo Inc	Closed 190,675	$7,648,000
Vipshop Holdings Limited	Closed 263,000	$2,367,000
Kraneshares Tr	Closed 65,000	$1,854,000
Ideal Pwr Inc	Closed 81,649	$719,000
Bluecity Hldgs Ltd	Closed 185,000	$245,000
No transactions found
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