Flowering Tree Investment Management Pte. Ltd.
CIK
1554972
Location
SINGAPORE, U0
Portfolio Value
Micro
$57,231,479
Diversification
Highly concentrated
Filing Date
Global Rank
#4,240
/ 5,291
▼ 436
· as of Sep 2020
Top Industry
Internet Retail
63.0%
3Y Alpha vs SPY
-17.9%
Period ended 5 years ago
Filed Nov 10, 2020 · 5y
3 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+10.8%
SPY
+76.0%
Annualised alpha
-17.3%
Max drawdown
−38.6%
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
3 positions · as of Sep 30, 2020 · Δ vs Jun 30, 2020Top Position
37.0%
−1.0 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
3,355
Highly concentrated−13
Portfolio Trend
3 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2020| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 63.0% | $36,048,408 |
| Consumer Defensive | 37.0% | $21,183,071 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
3 positions ·
$57,231,479 total
· as of Sep 30, 2020
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TAL |
TAL Education Group
Consumer Defensive
|
Reduced | 278,578 | $21,183,071 | 37.01% | |
| BZUN |
Baozun Inc.
Consumer Cyclical
|
Reduced | 571,616 | $18,571,803 | 32.45% | |
| VIPS |
Vipshop Holdings Ltd
Consumer Cyclical
|
Reduced | 1,117,430 | $17,476,605 | 30.54% |