Grand Alliance Asset Management Ltd 13F annual report
Grand Alliance Asset Management Ltd is an investment fund managing more than $209 billion ran by Patricia Law. There are currently 12 companies in Mrs. Law’s portfolio. The largest investments include NVIDIA Corp and Dell Technologies Inc, together worth $106 billion.
$209 billion Assets Under Management (AUM)
As of 7th August 2024, Grand Alliance Asset Management Ltd’s top holding is 475,000 shares of NVIDIA Corp currently worth over $58.7 billion and making up 28.0% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Grand Alliance Asset Management Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 340,000 shares of Dell Technologies Inc worth $46.9 billion, whose value grew 16.2% in the past six months.
The third-largest holding is PDD Inc worth $24.3 billion and the next is Broadcom Inc worth $22.5 billion, with 14,000 shares owned.
Currently, Grand Alliance Asset Management Ltd's portfolio is worth at least $209 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.
Careers at Grand Alliance Asset Management Ltd
The Grand Alliance Asset Management Ltd office and employees reside in Central, Hong Kong. According to the last 13-F report filed with the SEC, Patricia Law serves as the Assistant Director and Deputy Chief Compliance Officer at Grand Alliance Asset Management Ltd.
Recent trades
In the most recent 13F filing, Grand Alliance Asset Management Ltd revealed that it had opened a new position in
New Oriental Ed & Technology and bought 142,520 shares worth $11.1 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
429,500 additional shares.
This makes their stake in NVIDIA Corp total 475,000 shares worth $58.7 billion.
NVIDIA Corp dropped 73.5% in the past year.
On the other hand, there are companies that Grand Alliance Asset Management Ltd is getting rid of from its portfolio.
Grand Alliance Asset Management Ltd closed its position in Tesla Inc on 14th August 2024.
It sold the previously owned 15,000 shares for $2.64 billion.
Patricia Law also disclosed a decreased stake in Dell Technologies Inc by 0.1%.
This leaves the value of the investment at $46.9 billion and 340,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Grand Alliance Asset Management Ltd are Power Wealth Management and Bigelow Investment Advisors. They manage $209 billion and $209 billion respectively.
Patricia Law investment strategy
Grand Alliance Asset Management Ltd’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 67.6% of
the total portfolio value.
The fund focuses on investments in the United States as
58.3% 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
58% 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 $101 billion.
The complete list of Grand Alliance Asset Management Ltd trades based on 13F SEC filings
These positions were updated on August 14th 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 |
943.96%
475,000
|
$58,681,500,000 | 28.03% |
| Dell Technologies Inc |
10.53%
340,000
|
$46,889,400,000 | 22.40% |
| PDD Holdings Inc |
23.74%
182,460
|
$24,258,057,000 | 11.59% |
| Broadcom Inc |
No change
14,000
|
$22,477,420,000 | 10.74% |
| Star Bulk Carriers Corp |
22.86%
540,000
|
$13,165,200,000 | 6.29% |
| Vertiv Holdings Co |
14.71%
145,000
|
$12,552,650,000 | 6.00% |
| New Oriental Ed & Technology |
Opened
142,520
|
$11,078,080,000 | 5.29% |
| Marvell Technology Inc |
11.54%
115,000
|
$8,038,500,000 | 3.84% |
| Nxp Semiconductors N V |
No change
15,000
|
$4,036,350,000 | 1.93% |
| Enphase Energy Inc |
No change
37,000
|
$3,689,270,000 | 1.76% |
| Stmicroelectronics N V |
No change
70,000
|
$2,749,600,000 | 1.31% |
| Tesla Inc |
Closed
15,000
|
$2,636,850,000 | |
| ON Semiconductor Corp. |
No change
25,000
|
$1,713,750,000 | 0.82% |
| No transactions found | |||
| Showing first 500 out of 13 holdings | |||
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