Triatomic Management L.P. 13F annual report
Triatomic Management L.P. is an investment fund managing more than $8.57 billion ran by Xiaotong Zhou. There are currently 14 companies in Zhou’s portfolio. The largest investments include Gaotu Techedu Inc and The Oncology Institute Inc, together worth $2.93 billion.
$8.57 billion Assets Under Management (AUM)
As of 6th May 2024, Triatomic Management L.P.’s top holding is 234,000 shares of Gaotu Techedu Inc currently worth over $1.53 billion and making up 17.9% of the portfolio value.
In addition, the fund holds 884,689 shares of The Oncology Institute Inc worth $1.4 billion.
The third-largest holding is PDD Inc worth $1.14 billion and the next is KE worth $1.07 billion, with 78,023 shares owned.
Currently, Triatomic Management L.P.'s portfolio is worth at least $8.57 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 Triatomic Management L.P.
The Triatomic Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Xiaotong Zhou serves as the General Partner at Triatomic Management L.P..
Recent trades
In the most recent 13F filing, Triatomic Management L.P. revealed that it had opened a new position in
Caremax Inc and bought 39,118 shares worth $189 million.
The investment fund also strengthened its position in PDD Inc by buying
4,870 additional shares.
This makes their stake in PDD Inc total 9,795 shares worth $1.14 billion.
PDD Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Triatomic Management L.P. is getting rid of from its portfolio.
Triatomic Management L.P. closed its position in Caremax Inc on 13th May 2024.
It sold the previously owned 1,182,512 shares for $2.51 billion.
Xiaotong Zhou also disclosed a decreased stake in The Oncology Institute Inc by approximately 0.1%.
This leaves the value of the investment at $1.4 billion and 884,689 shares.
One of the smallest hedge funds
The two most similar investment funds to Triatomic Management L.P. are Employees Retirement System Of Texas and Qs Investors. They manage $8.51 billion and $8.47 billion respectively.
Xiaotong Zhou investment strategy
Triatomic Management L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 16.7% of
the total portfolio value.
The fund focuses on investments in the China as
21.4% of the portfolio companies
are based in the China.
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
29% of the total holdings value.
On the other hand, small-cap stocks make up only 7.1% of the portfolio.
The average market cap of the portfolio companies is close to $101 billion.
The complete list of Triatomic Management L.P. trades based on 13F SEC filings
These positions were updated on May 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 |
|---|---|---|---|
| Caremax Inc |
Closed
1,182,512
|
$2,506,925,000 | |
| Wayfair Inc |
Closed
30,860
|
$1,869,190,000 | |
| Insulet Corporation |
Closed
11,031
|
$1,759,334,000 | |
| Gaotu Techedu Inc |
No change
234,000
|
$1,532,700,000 | 17.89% |
| The Oncology Institute Inc |
2.21%
884,689
|
$1,397,809,000 | 16.31% |
| PDD Holdings Inc |
98.88%
9,795
|
$1,138,669,000 | 13.29% |
| KE Holdings Inc. |
6.02%
78,023
|
$1,071,256,000 | 12.50% |
| Meta Platforms Inc |
55.54%
2,025
|
$983,300,000 | 11.48% |
| Centrus Energy Corp |
Closed
14,543
|
$825,461,000 | |
| Dell Technologies Inc |
Closed
10,100
|
$695,890,000 | |
| Lyft Inc |
Closed
63,674
|
$671,124,000 | |
| Block Inc |
Closed
13,900
|
$617,986,000 | |
| BioNTech SE |
Closed
5,636
|
$612,295,000 | |
| Alibaba Group Hldg Ltd |
23.91%
8,370
|
$605,653,000 | 7.07% |
| Moderna Inc |
Closed
5,250
|
$542,273,000 | |
| Dexcom Inc |
Closed
5,000
|
$466,500,000 | |
| Samsara Inc. |
55.31%
11,877
|
$448,832,000 | 5.24% |
| Coupang, Inc. |
Closed
24,340
|
$413,780,000 | |
| Zai Lab Ltd |
Closed
17,000
|
$413,270,000 | |
| Baidu Inc |
Closed
3,000
|
$403,050,000 | |
| Kanzhun Limited |
Closed
25,916
|
$393,146,000 | |
| Snowflake Inc. |
Closed
2,320
|
$354,426,000 | |
| Adaptive Biotechnologies Cor |
4.21%
98,555
|
$316,362,000 | 3.69% |
| Guardant Health Inc |
Closed
10,000
|
$296,400,000 | |
| DermTech, Inc. |
2.48%
412,526
|
$289,593,000 | 3.38% |
| Toast, Inc. |
Closed
15,225
|
$285,164,000 | |
| NIO Inc |
16.67%
50,000
|
$225,000,000 | 2.63% |
| Teladoc Health Inc |
Closed
12,001
|
$223,099,000 | |
| Caremax Inc |
Opened
39,118
|
$188,549,000 | 2.20% |
| eXp World Holdings Inc |
84.03%
14,803
|
$152,915,000 | 1.78% |
| Senti Biosciences Inc |
No change
310,533
|
$117,102,000 | 1.37% |
| Singular Genomics Systems In |
No change
194,731
|
$100,131,000 | 1.17% |
| Nano-X Imaging Ltd. |
Closed
12,000
|
$78,720,000 | |
| Novo-nordisk A S |
Closed
500
|
$45,470,000 | |
| Invivyd Inc |
Closed
25,800
|
$43,860,000 | |
| Acm Resh Inc |
Closed
1,300
|
$23,537,000 | |
| Lumen Technologies, Inc. |
Closed
10,085
|
$14,321,000 | |
| Newegg Commerce Inc |
Closed
22,000
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||
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