# KEYWISE CAPITAL MANAGEMENT Ltd

> Institutional holdings reported to the SEC as of Q3 2019 on Form 13F. CIK 1473434. Source: https://holderbook.com/funds/1473434-keywise-capital-management-ltd/

- Reported value: $220.4M
- Positions: 17
- Weight of the ten largest: 96.1%
- Filed: 2019-10-24

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VIPSHOP HLDGS LTD | [VIPS](https://holderbook.com/stocks/VIPS/) | $62.6M | 7,015,500 | 28.4% | 4 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $59.2M | 353,864 | 26.8% | 4 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $44.5M | 956,400 | 20.2% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $30.2M | 173,400 | 13.7% | 3 |
| NEW ORIENTAL ED & TECHNOLOGY | [EDU](https://holderbook.com/stocks/EDU/) | $3.4M | 30,500 | 1.5% | 3 |
| CTRIP COM INTL LTD | [CTRP](https://holderbook.com/stocks/CTRP/) | $2.8M | 95,500 | 1.3% | 1 |
| 51JOB INC | [JOBS](https://holderbook.com/stocks/JOBS/) | $2.4M | 32,300 | 1.1% | 1 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $2.3M | 72,400 | 1.1% | 3 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $2.3M | 8,500 | 1.0% | 3 |
| HUYA INC | [HUYA](https://holderbook.com/stocks/HUYA/) | $2.2M | 94,800 | 1.0% | 1 |
| TAL ED GROUP | [TAL](https://holderbook.com/stocks/TAL/) | $2.2M | 63,200 | 1.0% | 2 |
| MELCO RESORTS AND ENTMNT LTD | [MLCO](https://holderbook.com/stocks/MLCO/) | $2.1M | 110,500 | 1.0% | 1 |
| MOMO INC | [MOMOXXXX](https://holderbook.com/stocks/MOMOXXXX/) | $2.0M | 65,600 | 0.9% | 1 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $849.0K | 30,100 | 0.4% | 1 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $691.0K | 15,200 | 0.3% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $399.0K | 9,300 | 0.2% | 1 |
| 58 COM INC | [WUBA](https://holderbook.com/stocks/WUBA/) | $350.0K | 7,100 | 0.2% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2019 | +8.2% | +1.3% | +6.9% | 100% |
| Q2 2019 | -3.1% | +3.7% | -6.8% | 100% |
| Q1 2019 | +33.6% | +13.0% | +20.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2019 | $220.4M | 17 |
| Q2 2019 | $243.0M | 12 |
| Q1 2019 | $224.0M | 11 |
| Q4 2018 | $127.2M | 6 |