# Elephas Investment Management Ltd

> Institutional holdings reported to the SEC as of Q2 2021 on Form 13F. CIK 1731191. Source: https://holderbook.com/funds/1731191-elephas-investment-management-ltd/

- Reported value: $366.9M
- Positions: 22
- Weight of the ten largest: 93.8%
- Filed: 2021-09-01

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 |
|---|---|---|---|---|---|
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $143.4M | 703,503 | 39.1% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $114.1M | 167,800 | 31.1% | 6 |
| DAQO NEW ENERGY CORP | [DQ](https://holderbook.com/stocks/DQ/) | $36.8M | 565,224 | 10.0% | 3 |
| 111 INC | [YI](https://holderbook.com/stocks/YI/) | $13.1M | 1,442,014 | 3.6% | 1 |
| PLUG PWR INC | [PLUG](https://holderbook.com/stocks/PLUG/) | $12.4M | 361,600 | 3.4% | 1 |
| BLACKBERRY LTD | [BB](https://holderbook.com/stocks/BB/) | $7.8M | 635,000 | 2.1% | 1 |
| FISKER INC | [FSRNQ](https://holderbook.com/stocks/FSRNQ/) | $4.9M | 251,900 | 1.3% | 1 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $4.0M | 43,200 | 1.1% | 1 |
| YOUDAO INC | [DAO](https://holderbook.com/stocks/DAO/) | $3.9M | 168,555 | 1.1% | 1 |
| TAL ED GROUP | [TAL](https://holderbook.com/stocks/TAL/) | $3.8M | 151,100 | 1.0% | 1 |
| VELODYNE LIDAR INC | [VLDR](https://holderbook.com/stocks/VLDR/) | $3.3M | 307,400 | 0.9% | 1 |
| ADVENT TECHNOLOGIES HOLDNG I | [ADN](https://holderbook.com/stocks/ADN/) | $3.0M | 313,500 | 0.8% | 1 |
| IROBOT CORP | [IRBTQ](https://holderbook.com/stocks/IRBTQ/) | $3.0M | 31,700 | 0.8% | 1 |
| DIREXION SHARES ETF TRUST | [FAS](https://holderbook.com/stocks/FAS/) | $2.5M | 23,000 | 0.7% | 1 |
| YALLA GROUP LTD | [YALA](https://holderbook.com/stocks/YALA/) | $2.2M | 111,200 | 0.6% | 1 |
| SMART SH GLOBAL LTD | [EM](https://holderbook.com/stocks/EM/) | $2.1M | 350,799 | 0.6% | 1 |
| CANAAN INC | [CAN](https://holderbook.com/stocks/CAN/) | $1.7M | 212,503 | 0.5% | 1 |
| SO YOUNG INTERNATIONAL INC | [SY](https://holderbook.com/stocks/SY/) | $1.5M | 151,000 | 0.4% | 1 |
| ZHIHU INC | [ZH](https://holderbook.com/stocks/ZH/) | $1.1M | 80,600 | 0.3% | 1 |
| WIMI HOLOGRAM CLOUD INC | [WIMI](https://holderbook.com/stocks/WIMI/) | $977.0K | 178,000 | 0.3% | 1 |
| BALLARD PWR SYS INC NEW | [BLDP](https://holderbook.com/stocks/BLDP/) | $853.0K | 47,100 | 0.2% | 1 |
| MOMO INC | [MOMOXXXX](https://holderbook.com/stocks/MOMOXXXX/) | $664.0K | 43,400 | 0.2% | 1 |

## 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 |
|---|---|---|---|---|
| Q4 2020 | +47.4% | +11.6% | +35.8% | 100% |
| Q3 2020 | +67.9% | +8.6% | +59.3% | 99% |
| Q2 2020 | +54.4% | +19.6% | +34.7% | 98% |
| Q3 2019 | -3.1% | +1.3% | -4.4% | 100% |
| Q2 2019 | +13.9% | +3.7% | +10.2% | 98% |
| Q1 2019 | +8.5% | +13.0% | -4.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2021 | $366.9M | 22 |
| Q1 2021 | $430.7M | 3 |
| Q4 2020 | $623.1M | 4 |
| Q3 2020 | $486.9M | 10 |
| Q2 2020 | $230.3M | 19 |
| Q1 2020 | $85.3M | 12 |
| Q4 2019 | $83.2M | 8 |
| Q3 2019 | $117.9M | 15 |
| Q2 2019 | $165.4M | 20 |
| Q1 2019 | $723.9M | 27 |
| Q4 2018 | $1.7B | 32 |