Dalton Investments 13F annual report
Dalton Investments is an investment fund managing more than $176 billion ran by Christopher Ha. There are currently 27 companies in Mr. Ha’s portfolio. The largest investments include Makemytrip Limited Mauritius and Icici Bank Limited, together worth $77 billion.
$176 billion Assets Under Management (AUM)
As of 6th August 2024, Dalton Investments’s top holding is 461,584 shares of Makemytrip Limited Mauritius currently worth over $38.8 billion and making up 22.1% of the portfolio value.
In addition, the fund holds 1,323,721 shares of Icici Bank Limited worth $38.1 billion.
The third-largest holding is NVIDIA Corp worth $26.8 billion and the next is Genpact Limited worth $11.1 billion, with 344,180 shares owned.
Currently, Dalton Investments's portfolio is worth at least $176 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 Dalton Investments
The Dalton Investments office and employees reside in Las Vegas, Nevada. According to the last 13-F report filed with the SEC, Christopher Ha serves as the Chief Compliance Officer at Dalton Investments.
Recent trades
In the most recent 13F filing, Dalton Investments revealed that it had opened a new position in
Novo-nordisk A S and bought 9,100 shares worth $1.3 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
195,345 additional shares.
This makes their stake in NVIDIA Corp total 217,050 shares worth $26.8 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Dalton Investments is getting rid of from its portfolio.
Dalton Investments closed its position in Immunocore Hldgs Plc on 13th August 2024.
It sold the previously owned 10,000 shares for $650 million.
Christopher Ha also disclosed a decreased stake in Makemytrip Limited Mauritius by approximately 0.1%.
This leaves the value of the investment at $38.8 billion and 461,584 shares.
One of the smallest hedge funds
The two most similar investment funds to Dalton Investments are S.A.. Mason and Swan Capital. They manage $176 billion and $176 billion respectively.
Christopher Ha investment strategy
Dalton Investments’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 25.6% of
the total portfolio value.
The fund focuses on investments in the United States as
40.7% 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
33% of the total holdings value.
On the other hand, small-cap stocks make up only 3.7% of the portfolio.
The average market cap of the portfolio companies is close to $200 billion.
The complete list of Dalton Investments trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Makemytrip Limited Mauritius |
9.21%
461,584
|
$38,819,214,000 | 22.08% |
| Icici Bank Limited |
6.13%
1,323,721
|
$38,136,402,000 | 21.69% |
| NVIDIA Corp |
900.00%
217,050
|
$26,814,357,000 | 15.25% |
| Genpact Limited |
6.42%
344,180
|
$11,079,154,000 | 6.30% |
| Infosys Ltd |
16.21%
501,018
|
$9,328,955,000 | 5.31% |
| Taskus Inc |
2.46%
636,458
|
$8,471,256,000 | 4.82% |
| Cheniere Energy Inc. |
No change
31,242
|
$5,462,039,000 | 3.11% |
| TotalEnergies SE |
No change
76,320
|
$5,089,018,000 | 2.89% |
| Dr Reddys Labs Ltd |
No change
53,700
|
$4,091,403,000 | 2.33% |
| Arista Networks Inc |
No change
11,300
|
$3,960,424,000 | 2.25% |
| HDFC Bank Ltd. |
97.59%
57,500
|
$3,698,975,000 | 2.10% |
| Microsoft Corporation |
No change
8,100
|
$3,620,295,000 | 2.06% |
| Cognizant Technology Solutio |
25.91%
45,200
|
$3,073,600,000 | 1.75% |
| Chord Energy Corporation |
No change
13,280
|
$2,226,790,000 | 1.27% |
| America Movil Sab De Cv |
37.21%
110,700
|
$1,881,900,000 | 1.07% |
| Freshworks Inc |
21.04%
135,200
|
$1,715,688,000 | 0.98% |
| Epsilon Energy Ltd. |
No change
250,000
|
$1,362,500,000 | 0.77% |
| Novo-nordisk A S |
Opened
9,100
|
$1,298,934,000 | 0.74% |
| Ternium Sa |
22.96%
32,184
|
$1,208,509,000 | 0.69% |
| Trupanion Inc |
Opened
35,000
|
$1,029,000,000 | 0.59% |
| ON Semiconductor Corp. |
No change
14,300
|
$980,265,000 | 0.56% |
| ExlService Holdings Inc |
50.86%
24,641
|
$772,742,000 | 0.44% |
| Immunocore Hldgs Plc |
Closed
10,000
|
$650,000,000 | |
| Amplify Energy Corp. |
No change
89,410
|
$606,200,000 | 0.34% |
| Zillow Group Inc |
Closed
10,000
|
$478,600,000 | |
| Micron Technology Inc. |
60.76%
2,260
|
$297,258,000 | 0.17% |
| Durect Corp |
No change
225,000
|
$290,250,000 | 0.17% |
| Kenvue Inc |
No change
15,000
|
$272,700,000 | 0.16% |
| Lithia Mtrs Inc |
No change
1,000
|
$252,450,000 | 0.14% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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