NEW SILK ROAD INVESTMENT PTE LTD

CIK

1569352

Location

SINGAPORE, U0

Portfolio Value

Micro $48,177,038

Diversification

Diversified

Filing Date

Global Rank

#5,521 / 6,895 ▲ 62

Top Industry

Internet Retail 30.1%

3Y Alpha vs SPY

-20.4%

Period ended 2 years ago

Filed Nov 9, 2023 · 2y

15 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+1.2%

SPY

+76.3%

Annualised alpha

-20.4%

Max drawdown

−33.2%

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

8 positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

24.0%

+1.4 pts

Top 5

77.6%

−1.4 pts

Top 10

100.0%

0.0 pts

HHI

1,479

Diversified−2

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Consumer Cyclical	90.7%	$43,691,361	7
Communication Services	9.3%	$4,485,677	1

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
HTHT	H World Group Ltd	+27,500	172,232	$6,791,107
YUMC	Yum China Holdings, Inc.	+18,300	207,841	$11,580,900
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
MNSO	MINISO Group Holding Ltd	−15,700	123,194	$3,190,724
SE	Sea Ltd	−1,900	128,565	$5,650,431
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
PDD	PDD Holdings Inc.	58,300	$5,717,481
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
ZTO	ZTO Express (Cayman) Inc.	233,131	$5,846,925
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

8 positions · $48,177,038 total · as of Sep 30, 2023

All sectors Communication Services Consumer Cyclical

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
YUMC	Yum China Holdings, Inc. Consumer Cyclical	Added	207,841	+18,300	$11,580,900	+8.1%	24.04%
TCOM	Trip.com Group Ltd Consumer Cyclical	Held	218,170	0	$7,629,404	−0.1%	15.84%
HTHT	H World Group Ltd Consumer Cyclical	Added	172,232	+27,500	$6,791,107	+21.0%	14.10%
PDD	PDD Holdings Inc. Consumer Cyclical	NEW	58,300	NEW	$5,717,481	NEW	11.87%
SE	Sea Ltd Consumer Cyclical	Reduced	128,565	-1,900	$5,650,431	−25.4%	11.73%
BIDU	Baidu, Inc. Communication Services	Held	33,388	0	$4,485,677	−1.9%	9.31%
MNSO	MINISO Group Holding Ltd Consumer Cyclical	Reduced	123,194	-15,700	$3,190,724	+35.2%	6.62%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Held	36,100	0	$3,131,314	+4.1%	6.50%