Monolith Management Ltd 13F annual report
Monolith Management Ltd is an investment fund managing more than $217 billion ran by Yang Jie. There are currently 13 companies in Jie’s portfolio. The largest investments include PDD Inc and NVIDIA Corp, together worth $81.1 billion.
$217 billion Assets Under Management (AUM)
As of 5th August 2024, Monolith Management Ltd’s top holding is 331,468 shares of PDD Inc currently worth over $44.1 billion and making up 20.3% of the portfolio value.
Relative to the number of outstanding shares of PDD Inc, Monolith Management Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 299,550 shares of NVIDIA Corp worth $37 billion, whose value fell 85.5% in the past six months.
The third-largest holding is Taiwan Semiconductor Mfg Ltd worth $24.8 billion and the next is Ishares Bitcoin Tr worth $20.6 billion, with 603,300 shares owned.
Currently, Monolith Management Ltd's portfolio is worth at least $217 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 Monolith Management Ltd
The Monolith Management Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Yang Jie serves as the Chief Operating Officer at Monolith Management Ltd.
Recent trades
In the most recent 13F filing, Monolith Management Ltd revealed that it had opened a new position in
Snowflake and bought 100,000 shares worth $13.5 billion.
This means they effectively own approximately 0.1% of the company.
Snowflake makes up
14.7%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in PDD Inc by buying
86,968 additional shares.
This makes their stake in PDD Inc total 331,468 shares worth $44.1 billion.
PDD Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Monolith Management Ltd is getting rid of from its portfolio.
Monolith Management Ltd closed its position in Digital Rlty Tr Inc on 12th August 2024.
It sold the previously owned 120,000 shares for $17.3 billion.
Yang Jie also disclosed a decreased stake in Taiwan Semiconductor Mfg Ltd by 0.2%.
This leaves the value of the investment at $24.8 billion and 142,770 shares.
One of the smallest hedge funds
The two most similar investment funds to Monolith Management Ltd are Sandy Cove Advisors and Cvs Health Corp. They manage $217 billion and $217 billion respectively.
Yang Jie investment strategy
Monolith Management Ltd’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 42.4% of
the total portfolio value.
The fund focuses on investments in the United States as
38.5% 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
46% 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 $320 billion.
The complete list of Monolith Management Ltd trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| PDD Holdings Inc |
35.57%
331,468
|
$44,068,671,000 | 20.31% |
| NVIDIA Corp |
326.41%
299,550
|
$37,006,407,000 | 17.06% |
| Taiwan Semiconductor Mfg Ltd |
21.55%
142,770
|
$24,814,854,000 | 11.44% |
| Ishares Bitcoin Tr |
No change
603,300
|
$20,596,662,000 | 9.49% |
| Digital Rlty Tr Inc |
Closed
120,000
|
$17,284,800,000 | |
| Vertiv Holdings Co |
Closed
210,500
|
$17,191,535,000 | |
| NetEase Inc |
17.39%
153,650
|
$14,685,867,000 | 6.77% |
| Microsoft Corporation |
59.24%
31,300
|
$13,989,535,000 | 6.45% |
| Snowflake Inc. |
Opened
100,000
|
$13,509,000,000 | 6.23% |
| Amphenol Corp. |
Opened
190,640
|
$12,843,417,000 | 5.92% |
| Meta Platforms Inc |
Closed
24,500
|
$11,896,710,000 | |
| TAL Education Group |
No change
904,967
|
$9,655,998,000 | 4.45% |
| Ge Vernova Inc |
Opened
43,250
|
$7,417,808,000 | 3.42% |
| Vistra Corp |
Opened
86,240
|
$7,414,915,000 | 3.42% |
| Constellation Energy Corp |
Opened
35,500
|
$7,109,585,000 | 3.28% |
| Gigacloud Technology Inc |
Opened
126,700
|
$3,854,214,000 | 1.78% |
| Li Auto Inc. |
Closed
92,000
|
$2,785,760,000 | |
| No transactions found | |||
| Showing first 500 out of 17 holdings | |||
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