Asia Research & Capital Management Ltd

CIK

1668453

Location

Hong Kong, K3

Portfolio Value

Small $196,054,489

Diversification

Highly concentrated

Filing Date

Global Rank

#3,832 / 7,310 ▲ 1276 · as of Sep 2024

Top Industry

Oil & Gas E&P 97.1%

3Y Alpha vs SPY

-20.9%

Period ended 1 year ago

Filed Nov 12, 2024 · 1y

12 quarters · since Jun 2021

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

-2.3%

SPY

+75.5%

Annualised alpha

-21.4%

Max drawdown

−29.8%

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

4 positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024

Top Position

73.8%

+31.0 pts

Top 5

100.0%

0.0 pts

Top 10

100.0%

0.0 pts

HHI

5,990

Highly concentrated+2,395

Portfolio Trend

12 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2024

Sector	% Portfolio	Value	Positions
Energy	97.1%	$190,362,364	2
Basic Materials	2.9%	$5,692,125	2

Last Quarter's Activity

Export CSV

Sep 30, 2024 vs Jun 30, 2024

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
EXE	EXPAND ENERGY Corp	+1,517,617	1,758,117	$144,605,123
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
FCX	Freeport-Mcmoran Inc	−684,505	37,154	$1,854,727
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
EQT	EQT Corp	1,248,833	$45,757,241
AA	Alcoa Corp	99,466	$3,837,398
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
TECK	Teck Resources Ltd	856,521	$41,027,355
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

4 positions · $196,054,489 total · as of Sep 30, 2024

All sectors Basic Materials Energy

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
EXE	EXPAND ENERGY Corp Energy	Added	1,758,117	+1,517,617	$144,605,123	+631.6%	73.76%
EQT	EQT Corp Energy	NEW	1,248,833	NEW	$45,757,241	NEW	23.34%
AA	Alcoa Corp Basic Materials	NEW	99,466	NEW	$3,837,398	NEW	1.96%
FCX	Freeport-Mcmoran Inc Basic Materials	Reduced	37,154	-684,505	$1,854,727	−94.7%	0.95%