# Flowering Tree Investment Management Pte. Ltd.

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1554972. Source: https://holderbook.com/funds/1554972-flowering-tree-investment-management-pte-ltd/

- Reported value: $57.2M
- Positions: 3
- Weight of the ten largest: 100.0%
- Filed: 2020-11-10

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 |
|---|---|---|---|---|---|
| TAL ED GROUP | [TAL](https://holderbook.com/stocks/TAL/) | $21.2M | 278,578 | 37.0% | 6 |
| BAOZUN INC | [BZUN](https://holderbook.com/stocks/BZUN/) | $18.6M | 571,616 | 32.5% | 2 |
| VIPSHOP HLDGS LTD | [VIPS](https://holderbook.com/stocks/VIPS/) | $17.5M | 1,117,430 | 30.5% | 3 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $57.2M | 3 |
| Q2 2020 | $76.1M | 3 |
| Q1 2020 | $63.5M | 4 |
| Q4 2019 | $100.4M | 2 |
| Q3 2019 | $149.7M | 3 |
| Q2 2019 | $182.6M | 4 |
| Q1 2019 | $181.0M | 3 |
| Q4 2018 | $150.8M | 5 |