Mass Ave Global 13F annual report

Mass Ave Global is an investment fund managing more than $295 billion ran by Anton Bletsov. There are currently 30 companies in Mr. Bletsov’s portfolio. The largest investments include Alibaba Group Hldg Ltd and Credo Technology Group Holdi, together worth $130 billion.

$295 billion Assets Under Management (AUM)

As of 7th February 2023, Mass Ave Global’s top holding is 1,062,105 shares of Alibaba Group Hldg Ltd currently worth over $93.6 billion and making up 31.7% of the portfolio value. In addition, the fund holds 2,765,336 shares of Credo Technology Group Holdi worth $36.8 billion. The third-largest holding is JD.com Inc worth $31.1 billion and the next is NetEase Inc worth $17 billion, with 234,000 shares owned.

Currently, Mass Ave Global's portfolio is worth at least $295 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 Mass Ave Global

The Mass Ave Global office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Anton Bletsov serves as the Director, Finance and Operations at Mass Ave Global.

Recent trades

In the most recent 13F filing, Mass Ave Global revealed that it had opened a new position in NetEase Inc and bought 234,000 shares worth $17 billion. This means they effectively own approximately 0.1% of the company. NetEase Inc makes up 42.7% of the fund's Technology sector allocation and has decreased its share price by 10.3% in the past year.

The investment fund also strengthened its position in Alibaba Group Hldg Ltd by buying 795,265 additional shares. This makes their stake in Alibaba Group Hldg Ltd total 1,062,105 shares worth $93.6 billion.

On the other hand, there are companies that Mass Ave Global is getting rid of from its portfolio. Mass Ave Global closed its position in Microsoft on 14th February 2023. It sold the previously owned 121,973 shares for $28.4 million. Anton Bletsov also disclosed a decreased stake in Amazon.com by 0.5%. This leaves the value of the investment at $14 billion and 167,101 shares.

One of the average hedge funds

The two most similar investment funds to Mass Ave Global are Skyoak Wealth and Ethos. They manage $295 billion and $295 billion respectively.

Anton Bletsov investment strategy

Mass Ave Global’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 21.4% of the total portfolio value. The fund focuses on investments in the United States as 56.7% 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 60% 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 $75.8 billion.

The complete list of Mass Ave Global trades based on 13F SEC filings

These positions were updated on February 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
Alibaba Group Hldg Ltd	298.03% 1,062,105	$93,560,829,000	31.73%
Credo Technology Group Holdi	5.16% 2,765,336	$36,806,622,000	12.48%
JD.com Inc	1,138.95% 553,524	$31,069,302,000	10.54%
NetEase Inc	Opened 234,000	$16,995,420,000	5.76%
Amazon.com Inc.	49.79% 167,101	$14,036,484,000	4.76%
Dominos Pizza Inc	Opened 38,363	$13,288,943,000	4.51%
Disney Walt Co	Opened 145,871	$12,673,272,000	4.30%
Atour Lifestyle Holdings Ltd	Opened 608,000	$11,010,880,000	3.73%
Elastic N.V	52.23% 141,910	$7,308,365,000	2.48%
Gds Hldgs Ltd	Opened 315,691	$6,509,548,000	2.21%
Netflix Inc.	3.11% 21,949	$6,472,321,000	2.20%
PayPal Holdings Inc	80.94% 72,810	$5,185,528,000	1.76%
Alteryx Inc	Opened 86,592	$4,387,617,000	1.49%
Kanzhun Limited	65.34% 182,651	$3,720,601,000	1.26%
Las Vegas Sands Corp	11.52% 76,641	$3,684,133,000	1.25%
Endeavor Group Hldgs Inc	Opened 138,624	$3,124,585,000	1.06%
Marvell Technology Inc	33.23% 84,180	$3,118,027,000	1.06%
DoorDash Inc	40.16% 58,801	$2,870,665,000	0.97%
Twilio Inc	Opened 54,976	$2,691,625,000	0.91%
NVIDIA Corp	79.61% 17,483	$2,554,966,000	0.87%
H World Group Ltd	60.09% 52,611	$2,231,759,000	0.76%
Okta Inc	Opened 29,765	$2,033,842,000	0.69%
Pfizer Inc.	Opened 37,345	$1,913,558,000	0.65%
Sea Ltd	37.94% 36,560	$1,902,217,000	0.65%
Edwards Lifesciences Corp	Opened 18,535	$1,382,896,000	0.47%
West Pharmaceutical Svsc Inc	Opened 5,833	$1,372,797,000	0.47%
Yum China Holdings Inc	Opened 16,025	$875,766,000	0.30%
Zoetis Inc	Opened 5,028	$736,853,000	0.25%
Block Inc	Opened 10,780	$677,415,000	0.23%
CVS Health Corp	Opened 7,156	$666,868,000	0.23%
Microsoft Corporation	Closed 121,973	$28,408,000
Advanced Micro Devices Inc.	Closed 194,922	$12,350,000
Splunk Inc	Closed 115,284	$8,669,000
Tesla Inc	Closed 28,897	$7,665,000
Pinterest Inc	Closed 258,482	$6,023,000
Datadog Inc	Closed 58,591	$5,202,000
PDD Holdings Inc	Closed 75,691	$4,737,000
Insulet Corporation	Closed 10,586	$2,428,000
Bill.com Holdings Inc	Closed 18,267	$2,418,000
Micron Technology Inc.	Closed 46,850	$2,347,000
Li Auto Inc.	Closed 76,723	$1,765,000
Cloudflare Inc	Closed 31,728	$1,755,000
KE Holdings Inc.	Closed 96,669	$1,694,000
Nanostring Technologies Inc	Closed 81,640	$1,043,000
Qiagen NV	Closed 24,978	$1,031,000
10x Genomics, Inc.	Closed 32,750	$933,000
Activision Blizzard Inc	Closed 10,483	$779,000
No transactions found
Showing first 500 out of 47 holdings