MARSHALL WACE ASIA Ltd

CIK

1519964

Location

CENTRAL, K3

Portfolio Value

Mid $3,828,444,208

Diversification

Diversified

Reports for

Marshall Wace North America L.P. MARSHALL WACE, LLP

Filing Date

Global Rank

#761 / 6,035 ▼ 61 · as of Sep 2021

Top Industry

Credit Services 15.0%

Period ended 5 years ago

Filed Nov 15, 2021 · 4y

7 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2021, never from the firm's own description.

Style

Diversified active

Top 10 weight 35.9%, 43.1 effective positions, active share 94.3% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

111.4% over the last four quarters (100%+)

Horizon

Horizon unknown

The value-weighted holding period is at least 4.0 quarters, but 20.3% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 94.3%; sector active share 44.3% against the combined 13F book's sector weights.

Over time 7 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

103 tracked positions · as of Sep 30, 2021 · Δ vs Jun 30, 2021

Top Position

5.4%

+0.5 pts

Top 5

21.0%

+1.3 pts

Top 10

35.9%

+2.3 pts

HHI

232

Diversified+29

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2021

Sector	% Portfolio	Value	Positions
Financial Services	46.0%	$1,759,657,475	29
Consumer Cyclical	9.9%	$380,832,199	16
Industrials	9.7%	$370,435,721	6
Technology	8.1%	$311,210,749	19
Healthcare	7.2%	$274,597,972	5
Unclassified	6.6%	$252,776,999	9
Communication Services	4.4%	$168,792,371	8
Basic Materials	4.4%	$166,816,051	3
Consumer Defensive	2.4%	$91,459,129	5
Real Estate	1.4%	$51,865,542	3

Last Quarter's Activity

Export CSV

Sep 30, 2021 vs Jun 30, 2021

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PDD	PDD Holdings Inc.	+993,521	1,059,333	$96,049,722
HTT	High Templar Tech Ltd	+941,748	960,275	$1,402,001
BSX	Boston Scientific Corp	+920,459	2,190,737	$95,056,078
CFG	Citizens Financial Group Inc	+660,122	3,215,508	$151,064,565
YSG	Yatsen Holding Ltd	+653,151	977,348	$3,723,695
OUT	OUTFRONT Media Inc.	+645,743	1,780,095	$44,860,243
IBKR	Interactive Brokers Group, Inc.	+632,642	1,627,635	$101,466,765
STNE	StoneCo Ltd.	+626,706	630,889	$21,904,465
KRE	State Street(R) SPDR(R) S&P(R) Regional Banking ETF	+587,265	891,262	$60,382,999
TCOM	Trip.com Group Ltd	+491,231	2,033,732	$62,537,258
—		+307,988	1,097,025	$18,441,000
BMO	Bank Of Montreal	+253,197	1,037,899	$103,509,666
XPEV	Xpeng Inc.	+234,577	340,786	$12,111,534
RJF	Raymond James Financial Inc	+189,397	362,259	$33,429,260
CM	Canadian Imperial Bank Of Commerce	+187,454	703,780	$78,330,713
ATHM	Autohome Inc.	+181,939	194,989	$9,150,833
SSYS	Stratasys Ltd.	+181,766	969,083	$20,854,665
FLYW	Flywire Corp	+176,904	250,312	$10,973,677
ALLY	Ally Financial Inc.	+160,674	2,695,524	$137,606,499
NTES	NetEase, Inc.	+133,706	139,163	$11,884,520
BNS	Bank Of Nova Scotia	+120,828	1,019,942	$62,757,030
NBIS	Nebius Group N.V.	+116,729	556,812	$44,467,000
LPLA	LPL Financial Holdings Inc.	+114,288	469,142	$73,542,699
EVR	Evercore Inc.	+102,560	193,627	$25,882,120
AMP	Ameriprise Financial Inc	+96,338	465,724	$123,007,022
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SYF	Synchrony Financial	−1,117,769	3,335,392	$163,033,960
WFC	Wells Fargo & Company	−875,555	1,736,467	$80,589,432
OTIS	Otis Worldwide Corp	−861,454	702,895	$57,834,200
TRU	TransUnion	−619,318	562,302	$63,152,137
LU	Lufax Holding Ltd	−486,602	417,862	$2,917,000
—		−485,867	2,195,913	$92,491,000
NCLH	Norwegian Cruise Line Holdings Ltd.	−336,274	163,927	$4,378,490
CARR	CARRIER GLOBAL Corp	−322,500	1,721,936	$89,127,406
LI	Li Auto Inc.	−298,218	205,407	$5,400,150
ICE	Intercontinental Exchange, Inc.	−288,094	179,481	$20,608,008
HTHT	H World Group Ltd	−251,321	198,967	$9,124,626
PRG	PROG Holdings, Inc.	−109,797	236,054	$9,916,628
ENTG	Entegris Inc	−106,081	596,785	$75,135,230
MSGK	MSG Knickerbockers Corp.	−86,062	363,423	$67,578,506
PYPL	PayPal Holdings, Inc.	−81,290	86,705	$22,561,507
MMYT	MakeMyTrip Ltd	−68,818	1,076,968	$29,282,759
ROKU	Roku, Inc	−53,767	58,123	$18,212,841
MU	Micron Technology Inc	−50,567	239,291	$16,984,875
BILI	Bilibili Inc.	−41,478	42,225	$2,794,028
MDB	MongoDB, Inc.	−38,783	111,465	$52,556,861
SPGI	S&P Global Inc.	−36,384	49,543	$21,050,324
CX	Cemex Sab De CV	−21,367	159,685	$1,144,941
ZLAB	Zai Lab Ltd	−14,971	4,830	$509,033
KC	Kingsoft Cloud Holdings Ltd	−6,852	401,223	$11,362,635
NXPI	NXP Semiconductors N.V.	−3,651	133,028	$26,056,194
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ALB	Albemarle Corp	662,091	$144,978,065
MDT	Medtronic plc	741,304	$92,922,455
DAR	Darling Ingredients Inc.	965,091	$69,390,042
XYZ	Block, Inc.	136,520	$32,742,956
GPK	Graphic Packaging Holding Co	1,513,436	$28,815,820
GSM	Ferroglobe PLC	2,378,511	$20,693,045
—		171,328	$19,939,000
ABNB	Airbnb, Inc.	115,423	$19,362,208
UBS	UBS Group AG	1,135,074	$18,093,079
EL	Estee Lauder Companies Inc	56,951	$17,081,312
ZTO	ZTO Express (Cayman) Inc.	327,557	$10,042,897
AMAT	Applied Materials Inc	71,971	$9,264,826
DB	Deutsche Bank Aktiengesellschaft	700,113	$8,891,434
JXN	Jackson Financial Inc.	319,635	$8,310,510
SLG	Sl Green Realty Corp	66,115	$4,685,074
JKS	Jinko Holdings Ltd	79,694	$3,650,782
LX	LexinFintech Holdings Ltd.	230,844	$1,359,671
—		377,585	$1,223,000
INDI	indie Semiconductor, Inc.	71,340	$878,195
TAL	TAL Education Group	166,803	$807,326
XNET	Xunlei Ltd	214,145	$612,454
CAN	Canaan Inc.	88,760	$542,323
API	Agora, Inc.	16,881	$489,549
SY	So-Young International Inc.	90,288	$384,626
JG	Aurora Mobile Ltd	135,769	$226,734
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
MS	Morgan Stanley	2,263,572	$207,546,916
NSC	Norfolk Southern Corp	484,935	$128,706,598
ILMN	Illumina, Inc.	200,287	$94,777,807
TJX	Tjx Companies Inc	941,060	$63,446,265
TMUS	T-Mobile US, Inc.	416,305	$60,293,452
GOOGL	Alphabet Inc.	24,617	$60,109,543
CREE	Wolfspeed, Inc.	550,127	$53,874,000
INMD	InMode Ltd.	565,217	$53,514,744
DELL	Dell Technologies Inc.	535,191	$53,342,508
AVGO	Broadcom Inc.	88,256	$42,083,991
FUTU	Futu Holdings Ltd	234,375	$41,974,218
LVS	Las Vegas Sands Corp	753,480	$39,700,861
AMZN	Amazon Com Inc	10,701	$36,813,151
—		126,450	$33,143,000
TME	Tencent Music Entertainment Group	1,994,898	$30,881,021
VIPS	Vipshop Holdings Ltd	1,464,992	$29,417,039
AMD	Advanced Micro Devices Inc	303,436	$28,501,742
EEM	iShares MSCI Emerging Markets ETF	457,752	$25,245,022
BNY	Bank of New York Mellon Corp	397,553	$20,366,639
AMBA	Ambarella Inc	150,690	$16,068,074
RLX	RLX Technology Inc.	1,746,025	$15,242,797
FXI	iShares China Large-Cap ETF	324,932	$15,054,098
XLF	State Street Corp	409,165	$15,012,263
QFIN	Qfin Holdings, Inc.	254,009	$10,627,736
BABA	Alibaba Group Holding Ltd	43,666	$9,902,575
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

103 tracked positions · $3,828,444,208 total · filing declares 200 positions · $4,225,811,000 · as of Sep 30, 2021

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 103 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
COF	Capital One Financial Corp Financial Services	Added	1,276,111	+95,559	$206,691,697	+13.2%	4	$119.18	5.40%
SYF	Synchrony Financial Financial Services	Reduced	3,335,392	-1,117,769	$163,033,960	−24.5%	7+	before history	4.26%
CFG	Citizens Financial Group Inc Financial Services	Added	3,215,508	+660,122	$151,064,565	+28.9%	7+	before history	3.95%
ALB	Albemarle Corp Basic Materials	NEW	662,091	NEW	$144,978,065	NEW	1	$213.57	3.79%
ALLY	Ally Financial Inc. Financial Services	Added	2,695,524	+160,674	$137,606,499	+8.9%	4	$36.97	3.59%
URI	United Rentals, Inc. Industrials	Added	351,307	+41,837	$123,284,165	+24.9%	7+	before history	3.22%
AMP	Ameriprise Financial Inc Financial Services	Added	465,724	+96,338	$123,007,022	+33.8%	3	$237.50	3.21%
GS	Goldman Sachs Group Inc Financial Services	Added	320,454	+4,325	$121,141,224	+1.0%	5	$244.63	3.16%
BMO	Bank Of Montreal Financial Services	Added	1,037,899	+253,197	$103,509,666	+28.6%	3	$86.61	2.70%
IBKR	Interactive Brokers Group, Inc. Financial Services	Added	1,627,635	+632,642	$101,466,765	+55.1%	6	$60.76	2.65%
PDD	PDD Holdings Inc. Consumer Cyclical	Added	1,059,333	+993,521	$96,049,722	+1049.0%	2	$99.29	2.51%
BSX	Boston Scientific Corp Healthcare	Added	2,190,737	+920,459	$95,056,078	+75.0%	3	$40.53	2.48%
MDT	Medtronic plc Healthcare	NEW	741,304	NEW	$92,922,455	NEW	1	$129.43	2.43%
		Reduced	2,195,913	-485,867	$92,491,000	−30.8%	4	unpriced	2.42%
CARR	CARRIER GLOBAL Corp Industrials	Reduced	1,721,936	-322,500	$89,127,406	−10.3%	6	$22.31	2.33%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	150,046	+19,292	$85,725,780	+30.0%	4	$480.84	2.24%
WFC	Wells Fargo & Company Financial Services	Reduced	1,736,467	-875,555	$80,589,432	−31.9%	4	$30.19	2.11%
CPA	Copa Holdings, S.A. Industrials	Added	985,874	+7,837	$80,230,425	+8.9%	6	$56.93	2.10%
CM	Canadian Imperial Bank Of Commerce Financial Services	Added	703,780	+187,454	$78,330,713	+33.2%	3	$101.97	2.05%
ENTG	Entegris Inc Technology	Reduced	596,785	-106,081	$75,135,230	−13.1%	7+	before history	1.96%
LPLA	LPL Financial Holdings Inc. Financial Services	Added	469,142	+114,288	$73,542,699	+53.5%	7+	before history	1.92%
DAR	Darling Ingredients Inc. Consumer Defensive	NEW	965,091	NEW	$69,390,042	NEW	1	$71.56	1.81%
MSGK	MSG Knickerbockers Corp. Communication Services	Reduced	363,423	-86,062	$67,578,506	−12.9%	7+	before history	1.77%
TRU	TransUnion Financial Services	Reduced	562,302	-619,318	$63,152,137	−51.3%	5	$90.52	1.65%
BNS	Bank Of Nova Scotia Financial Services	Added	1,019,942	+120,828	$62,757,030	+7.3%	4	$57.84	1.64%
TCOM	Trip.com Group Ltd Consumer Cyclical	Added	2,033,732	+491,231	$62,537,258	+14.3%	5	$30.72	1.63%
KRE	State Street(R) SPDR(R) S&P(R) Regional Banking ETF	Added	891,262	+587,265	$60,382,999	+203.1%	2	unpriced	1.58%
		Added	217,838	+18,002	$59,313,000	+20.8%	3	unpriced	1.55%
CBOE	Cboe Global Markets, Inc. Financial Services	Added	469,980	+93,431	$58,211,722	+29.9%	4	$94.41	1.52%
OTIS	Otis Worldwide Corp Industrials	Reduced	702,895	-861,454	$57,834,200	−54.8%	6	$62.96	1.51%
MDB	MongoDB, Inc. Technology	Reduced	111,465	-38,783	$52,556,861	−3.2%	2	$309.26	1.37%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Added	28,165	+1,578	$51,190,450	+24.2%	4	$1,339.99	1.34%
OUT	OUTFRONT Media Inc. Real Estate	Added	1,780,095	+645,743	$44,860,243	+64.6%	2	unpriced	1.17%
NBIS	Nebius Group N.V. Communication Services	Added	556,812	+116,729	$44,467,000	+42.4%	2	unpriced	1.16%
MCO	Moodys Corp Financial Services	Reduced	99,813	-1,062	$35,444,593	−3.0%	2	$332.84	0.93%
PGR	Progressive Corp Financial Services	Added	391,608	+44,447	$35,397,446	+3.8%	7+	before history	0.92%
RJF	Raymond James Financial Inc Financial Services	Added	362,259	+189,397	$33,429,260	+48.9%	3	unpriced	0.87%
XYZ	Block, Inc. Technology	NEW	136,520	NEW	$32,742,956	NEW	1	$256.87	0.86%
MMYT	MakeMyTrip Ltd Consumer Cyclical	Reduced	1,076,968	-68,818	$29,282,759	−15.0%	7+	before history	0.76%
GPK	Graphic Packaging Holding Co Consumer Cyclical	NEW	1,513,436	NEW	$28,815,820	NEW	1	$19.06	0.75%
EEFT	Euronet Worldwide, Inc. Technology	Added	207,173	+22,094	$26,368,978	+5.3%	4	$121.47	0.69%
NXPI	NXP Semiconductors N.V. Technology	Reduced	133,028	-3,651	$26,056,194	−7.3%	2	$200.38	0.68%
EVR	Evercore Inc. Financial Services	Added	193,627	+102,560	$25,882,120	+101.9%	2	$137.72	0.68%
SE	Sea Ltd Consumer Cyclical	Added	79,646	+66,091	$25,385,569	+582.0%	6	$280.33	0.66%
PYPL	PayPal Holdings, Inc. Financial Services	Reduced	86,705	-81,290	$22,561,507	−53.9%	7+	before history	0.59%
STNE	StoneCo Ltd. Technology	Added	630,889	+626,706	$21,904,465	+7708.8%	2	$51.99	0.57%
SPGI	S&P Global Inc. Financial Services	Reduced	49,543	-36,384	$21,050,324	−40.3%	2	unpriced	0.55%
SSYS	Stratasys Ltd. Technology	Added	969,083	+181,766	$20,854,665	+2.4%	2	$22.56	0.54%
GSM	Ferroglobe PLC Basic Materials	NEW	2,378,511	NEW	$20,693,045	NEW	1	$6.81	0.54%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	179,481	-288,094	$20,608,008	−62.9%	7+	before history	0.54%

Showing the top 50 of 103 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.