Tree Line Advisors (hong Kong) 13F annual report

Tree Line Advisors (hong Kong) is an investment fund managing more than $331 billion ran by Robert Herries. There are currently 7 companies in Mr. Herries’s portfolio. The largest investments include NVIDIA Corp and Coupang, together worth $123 billion.

$331 billion Assets Under Management (AUM)

As of 8th May 2024, Tree Line Advisors (hong Kong)’s top holding is 77,000 shares of NVIDIA Corp currently worth over $69.6 billion and making up 21.0% of the portfolio value. Relative to the number of outstanding shares of NVIDIA Corp, Tree Line Advisors (hong Kong) owns more than approximately 0.1% of the company. In addition, the fund holds 2,980,000 shares of Coupang worth $53 billion, whose value grew 39.5% in the past six months. The third-largest holding is Sea Ltd worth $48.9 billion and the next is Broadcom worth $46.4 billion, with 35,000 shares owned.

Currently, Tree Line Advisors (hong Kong)'s portfolio is worth at least $331 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 Tree Line Advisors (hong Kong)

The Tree Line Advisors (hong Kong) office and employees reside in Central, Hong Kong. According to the last 13-F report filed with the SEC, Robert Herries serves as the Chief Operating Officer at Tree Line Advisors (hong Kong).

Recent trades

In the most recent 13F filing, Tree Line Advisors (hong Kong) revealed that it had opened a new position in Sea Ltd and bought 910,000 shares worth $48.9 billion.

On the other hand, there are companies that Tree Line Advisors (hong Kong) is getting rid of from its portfolio. Tree Line Advisors (hong Kong) closed its position in PDD Inc on 15th May 2024. It sold the previously owned 260,000 shares for $38 billion.

One of the smaller hedge funds

The two most similar investment funds to Tree Line Advisors (hong Kong) are Pbmares Wealth Management and Elgethun Capital Management. They manage $331 billion and $332 billion respectively.

Robert Herries investment strategy

Tree Line Advisors (hong Kong)’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Technology — making up 57.9% of the total portfolio value. The fund focuses on investments in the United States as 71.4% 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 86% of the total holdings value. On the other hand, small-cap stocks make up 14.3% of the portfolio. The average market cap of the portfolio companies is close to $87.2 billion.

The complete list of Tree Line Advisors (hong Kong) trades based on 13F SEC filings

These positions were updated on May 15th 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	No change 77,000	$69,574,120,000	20.99%
Coupang, Inc.	No change 2,980,000	$53,014,200,000	15.99%
Sea Ltd	Opened 910,000	$48,876,100,000	14.75%
Broadcom Inc.	No change 35,000	$46,389,350,000	14.00%
Arista Networks Inc	No change 152,000	$44,076,960,000	13.30%
PDD Holdings Inc	Closed 260,000	$38,040,600,000
Freeport-McMoRan Inc	No change 800,000	$37,616,000,000	11.35%
Marvell Technology Inc	Opened 450,000	$31,896,000,000	9.62%
TDCX Inc.	Closed 1,540,000	$7,469,000,000
No transactions found
Showing first 500 out of 9 holdings