Snow Lake Capital (HK) Ltd
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Dec 31, 2022, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2022-12-31, active share 97.5%; sector active share 55.2% against the combined 13F book's sector weights.
Over time 8 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 backtestPortfolio Concentration
10 tracked positions · as of Dec 31, 2022 · Δ vs Sep 30, 2022Portfolio Trend
Sector Breakdown
As of Dec 31, 2022| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Defensive | 35.8% | $61,044,075 |
| Technology | 31.9% | $54,356,880 |
| Consumer Cyclical | 20.6% | $35,173,900 |
| Unclassified | 11.8% | $20,050,000 |
Last Quarter's Activity
Export CSVNew Positions
Positions the filer opened this quarter| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TAL |
TAL Education Group
Consumer Defensive
|
Held | 7,177,032 | $50,598,075 | 29.65% | |
| JKS |
Jinko Holdings Ltd
CALL
+ SHARES
Technology
|
Added | 801,000 | $32,744,880 | 19.19% | |
|
|
NEW | 2,000,000 | $20,050,000 | 11.75% | ||
| DQ |
Daqo New Energy Corp.
Technology
|
Reduced | 400,000 | $15,444,000 | 9.05% | |
| VIPS |
Vipshop Holdings Ltd
Consumer Cyclical
|
NEW | 1,100,000 | $15,004,000 | 8.79% | |
| PDD |
PDD Holdings Inc.
Consumer Cyclical
|
NEW | 150,000 | $12,232,500 | 7.17% | |
| EDU |
New Oriental Education & Technology Group Inc.
Consumer Defensive
|
Added | 300,000 | $10,446,000 | 6.12% | |
| ACMR |
ACM Research, Inc.
Technology
|
Reduced | 800,000 | $6,168,000 | 3.61% | |
| HTHT |
H World Group Ltd
Consumer Cyclical
|
NEW | 100,000 | $4,242,000 | 2.49% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
NEW | 30,000 | $3,695,400 | 2.17% |
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.