TT INTERNATIONAL
CIK
1483532
Location
LONDON, X0
Portfolio Value
Mid
$1,691,135,604
Diversification
Moderately concentrated
Filing Date
Sep 30, 2020
Global Rank
#783
/ 5,288
Top Industry
Internet Retail
42.8%
3Y Alpha vs SPY
-9.9%
Period ended 5 years ago
Filed Nov 13, 2020 · 5y
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+36.4%
SPY
+76.3%
Annualised alpha
-9.9%
Max drawdown
−32.0%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
50 positions · as of Sep 30, 2020Top Position
38.6%
of portfolio value
Top 5
66.5%
of portfolio value
Top 10
84.9%
of portfolio value
HHI
1,779
Moderately concentrated
Sector Breakdown
As of Sep 30, 2020| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 46.8% | $791,293,449 |
| Financial Services | 17.2% | $290,979,192 |
| Technology | 13.1% | $222,298,136 |
| Basic Materials | 10.4% | $175,495,975 |
| Communication Services | 5.6% | $95,146,561 |
| Industrials | 4.3% | $73,160,380 |
| Healthcare | 1.7% | $28,469,424 |
| Consumer Defensive | 0.8% | $13,781,466 |
| Real Estate | 0.0% | $511,021 |
50 positions ·
$1,691,135,604 total
· as of Sep 30, 2020
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Industrials
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BABA |
Alibaba Group Holding Ltd
Consumer Cyclical
|
First | 2,222,274 | $653,304,110 | 38.63% | |
| VALE |
Vale S.A.
Basic Materials
|
First | 15,007,832 | $158,782,862 | 9.39% | |
| QFIN |
Qfin Holdings, Inc.
Financial Services
|
First | 10,817,270 | $129,158,203 | 7.64% | |
| KC |
Kingsoft Cloud Holdings Ltd
Technology
|
First | 3,260,559 | $96,284,307 | 5.69% | |
| VNET |
VNET Group, Inc.
Technology
|
First | 3,735,628 | $86,517,144 | 5.12% | |
| IBN |
Icici Bank Ltd
Financial Services
|
First | 8,499,087 | $83,546,025 | 4.94% | |
| SE |
Sea Ltd
Consumer Cyclical
|
First | 433,443 | $66,767,559 | 3.95% | |
| TME |
Tencent Music Entertainment Group
Communication Services
|
First | 4,085,704 | $60,345,848 | 3.57% | |
| ZTO |
ZTO Express (Cayman) Inc.
Industrials
|
First | 1,808,685 | $54,115,855 | 3.20% | |
| XPEV |
Xpeng Inc.
Consumer Cyclical
|
First | 2,375,539 | $47,677,067 | 2.82% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
First | 103,382 | $22,014,163 | 1.30% | |
| MSFT |
Microsoft Corp
Technology
|
First | 100,428 | $21,123,021 | 1.25% | |
| HDB |
Hdfc Bank Ltd
Financial Services
|
First | 617,326 | $15,420,803 | 0.91% | |
| HUYA |
HUYA Inc.
Communication Services
|
First | 607,235 | $14,543,278 | 0.86% | |
| DG |
Dollar General Corp
Consumer Defensive
|
First | 65,745 | $13,781,466 | 0.81% | |
| VZ |
Verizon Communications Inc
Communication Services
|
First | 231,066 | $13,746,116 | 0.81% | |
| HOLX |
HOLOGIC INC
Healthcare
|
First | 188,693 | $12,542,423 | 0.74% | |
| FIS |
Fidelity National Information Services, Inc.
Technology
|
First | 82,123 | $12,089,326 | 0.71% | |
| FTDR |
Frontdoor, Inc.
Consumer Cyclical
|
First | 297,312 | $11,568,409 | 0.68% | |
| PGR |
Progressive Corp/Oh/
Financial Services
|
First | 113,788 | $10,772,309 | 0.64% | |
| NOAH |
Noah Holdings Ltd
Financial Services
|
First | 399,694 | $10,420,022 | 0.62% | |
| ELV |
Elevance Health, Inc.
Healthcare
|
First | 35,660 | $9,577,919 | 0.57% | |
| LHX |
L3harris Technologies, Inc. /De/
Industrials
|
First | 56,125 | $9,532,270 | 0.56% | |
| V |
Visa Inc.
Financial Services
|
First | 46,996 | $9,397,790 | 0.56% | |
| DLB |
Dolby Laboratories, Inc.
Industrials
|
First | 125,618 | $8,325,961 | 0.49% | |
| NIU |
Niu Technologies
Consumer Cyclical
|
First | 410,492 | $7,881,446 | 0.47% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
First | 96,057 | $6,094,816 | 0.36% | |
| DIS |
Walt Disney Co
Communication Services
|
First | 48,444 | $6,010,931 | 0.36% | |
| ECL |
Ecolab Inc.
Basic Materials
|
First | 29,516 | $5,898,477 | 0.35% | |
| LX |
LexinFintech Holdings Ltd.
Financial Services
|
First | 767,701 | $5,258,751 | 0.31% | |
| AON |
Aon plc
Financial Services
|
First | 21,663 | $4,469,076 | 0.26% | |
| JD |
JD.com, Inc.
Consumer Cyclical
|
First | 52,762 | $4,094,858 | 0.24% | |
| DQ |
Daqo New Energy Corp.
Technology
|
First | 141,018 | $3,814,254 | 0.23% | |
| BDX |
Becton Dickinson & Co
Healthcare
|
First | 18,811 | $3,357,067 | 0.20% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
First | 13,590 | $3,156,232 | 0.19% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
First | 20,045 | $1,625,048 | 0.10% | |
| BNTX |
BioNTech SE
Healthcare
|
First | 16,000 | $1,107,680 | 0.07% | |
| BMY |
Bristol Myers Squibb Co
Healthcare
|
First | 16,000 | $964,640 | 0.06% | |
| ABBV |
AbbVie Inc.
Healthcare
|
First | 10,500 | $919,695 | 0.05% | |
| DRD |
Drdgold Ltd
Basic Materials
|
First | 75,000 | $888,750 | 0.05% | |
| SBSW |
Sibanye Stillwater Ltd
Basic Materials
|
First | 60,578 | $674,838 | 0.04% | |
| ACMR |
ACM Research, Inc.
Technology
|
First | 24,984 | $575,463 | 0.03% | |
| WTW |
Willis Towers Watson PLC
Financial Services
|
First | 2,500 | $522,050 | 0.03% | |
| WY |
Weyerhaeuser Co
Real Estate
|
First | 17,918 | $511,021 | 0.03% | |
| LBRDA |
Liberty Broadband Corp
Communication Services
|
First | 3,765 | $500,388 | 0.03% | |
| TPICQ |
Tpi Composites, Inc
Industrials
|
First | 17,078 | $494,578 | 0.03% | |
| XYL |
Xylem Inc.
Industrials
|
First | 4,715 | $396,625 | 0.02% | |
| WMS |
Advanced Drainage Systems, Inc.
Industrials
|
First | 4,726 | $295,091 | 0.02% | |
| SEDG |
Solaredge Technologies, Inc.
Technology
|
First | 1,131 | $269,573 | 0.02% | |
| NBIS |
Nebius Group N.V.
Communication Services
|
First | 653,874 | $0 | 0.00% |