Franchise Capital Ltd is an investment fund managing more than $413 billion ran by Shihong Wang. There are currently 9 companies in Wang’s portfolio. The largest investments include NVIDIA Corp and PDD Inc, together worth $330 billion.
As of 4th July 2024, Franchise Capital Ltd’s top holding is 1,442,590 shares of NVIDIA Corp currently worth over $178 billion and making up 43.1% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Franchise Capital Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 1,138,221 shares of PDD Inc worth $151 billion, whose value fell 8.8% in the past six months.
The third-largest holding is Novo-nordisk A S worth $19.4 billion and the next is Meta Platforms Cl A Ord worth $16.9 billion, with 33,459 shares owned.
Currently, Franchise Capital Ltd's portfolio is worth at least $413 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.
The Franchise Capital Ltd office and employees reside in Grand Cayman, Cayman Islands. According to the last 13-F report filed with the SEC, Shihong Wang serves as the Director at Franchise Capital Ltd.
In the most recent 13F filing, Franchise Capital Ltd revealed that it had opened a new position in
Alphabet Inc and bought 84,376 shares worth $15.5 billion.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
7.4%
of the fund's Technology sector allocation and has grown its share price by 63.2% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
1,231,036 additional shares.
This makes their stake in NVIDIA Corp total 1,442,590 shares worth $178 billion.
NVIDIA Corp dropped 68.2% in the past year.
On the other hand, there are companies that Franchise Capital Ltd is getting rid of from its portfolio.
Franchise Capital Ltd closed its position in Tesla Inc on 11th July 2024.
It sold the previously owned 153,432 shares for $27 billion.
Shihong Wang also disclosed a decreased stake in Meta Platforms Cl A Ord by approximately 0.1%.
This leaves the value of the investment at $16.9 billion and 33,459 shares.
The two most similar investment funds to Franchise Capital Ltd are Skyoak Wealth and Tap Consulting. They manage $414 billion and $413 billion respectively.
Franchise Capital Ltd’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Technology — making up 50.6% of
the total portfolio value.
The fund focuses on investments in the United States as
33.3% of the portfolio companies
are based in the United States.
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
56% 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 $732 billion.
These positions were updated on July 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 |
|---|---|---|---|
| NVIDIA Corp |
581.90%
1,442,590
|
$178,217,569,000 | 43.10% |
| PDD Holdings Inc |
26.13%
1,138,221
|
$151,326,482,000 | 36.60% |
| Tesla Inc |
Closed
153,432
|
$26,971,811,000 | |
| Novo-nordisk A S |
No change
136,172
|
$19,437,191,000 | 4.70% |
| 2x Bitcoin Strategy Etf |
Closed
343,147
|
$18,272,578,000 | |
| Ishares Bitcoin Etf |
Closed
445,840
|
$18,043,145,000 | |
| Taiwan Semiconductor Mfg Ltd |
Closed
127,259
|
$17,313,587,000 | |
| Meta Platforms Cl A Ord |
6.10%
33,459
|
$16,870,697,000 | 4.08% |
| Microsoft Corporation |
60.28%
35,159
|
$15,714,315,000 | 3.80% |
| Alphabet Inc |
Opened
84,376
|
$15,476,246,000 | 3.74% |
| Celsius Holdings Ord |
Closed
168,267
|
$13,952,700,000 | |
| Luckin Coffee Adr Rep 8 Ord |
66.35%
414,890
|
$8,754,179,000 | 2.12% |
| Micron Technology Ord |
Closed
49,576
|
$5,844,515,000 | |
| Li Auto Inc. |
75.61%
266,146
|
$4,758,690,000 | 1.15% |
| Daqo New Energy Corp |
Closed
111,799
|
$3,147,142,000 | |
| Petroleo Brasileiro Sa Petro |
15.60%
215,260
|
$2,936,146,000 | 0.71% |
| Microstrategy Cl A Ord |
Closed
58
|
$98,865,000 | |
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| Showing first 500 out of 17 holdings | |||