Must Asset Management Inc.
Filing Date
Global Rank
#5,790
/ 6,900
▲ 177
· as of Sep 2023
Top Industry
Internet Retail
25.1%
3Y Alpha vs SPY
-11.3%
Period ended 2 years ago
Filed Nov 7, 2023 · 2y
12 quarters · since Dec 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
+40.6%
SPY
+76.5%
Annualised alpha
-8.8%
Max drawdown
−38.4%
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
17 positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023Top Position
22.4%
−17.8 pts
Top 5
72.8%
−10.5 pts
Top 10
92.0%
−2.7 pts
HHI
1,239
Diversified−1,008
Portfolio Trend
12 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 39.8% | $14,401,347 |
| Consumer Cyclical | 26.1% | $9,456,397 |
| Healthcare | 25.0% | $9,064,240 |
| Financial Services | 5.6% | $2,031,904 |
| Technology | 3.5% | $1,254,567 |
Last Quarter's Activity
Export CSVNew Positions
Positions the filer opened this quarter
8 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| TMDX | TransMedics Group, Inc. | 94,202 | $5,157,559 | |
| STNG | Scorpio Tankers Inc. | 77,060 | $4,170,487 | |
| TDW | Tidewater Inc | 52,804 | $3,752,780 | |
| HIMS | Hims & Hers Health, Inc. | 259,105 | $1,629,770 | |
| AMZN | Amazon Com Inc | 7,825 | $994,714 | |
| VAL | Valaris Ltd | 10,734 | $804,835 | |
| NVDA | Nvidia Corp | 3,291 | $143,155 | |
| NOW | ServiceNow, Inc. | 929 | $103,854 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
8 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| FRO | Frontline plc | 75,364 | $1,095,038 | |
| CMBT | Cmb.Tech NV | 53,154 | $809,003 | |
| GRVY | GRAVITY Co., Ltd. | 5,344 | $375,095 | |
| GE | General Electric Co | 4,103 | $359,708 | |
| BWEN | Broadwind, Inc. | 82,800 | $316,296 | |
| HALO | Halozyme Therapeutics, Inc. | 6,198 | $223,561 | |
| MRNA | Moderna, Inc. | 1,715 | $208,372 | |
| HEPS | D-MARKET Electronic Services & Trading | 57,225 | $96,138 | |
| No positions match the current search. | ||||
17 positions ·
$36,208,455 total
· as of Sep 30, 2023
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SE |
Sea Ltd
Consumer Cyclical
|
Reduced | 184,389 | $8,103,896 | 22.38% | |
| NE |
Noble Corp plc
Energy
|
Held | 102,002 | $5,166,401 | 14.27% | |
| TMDX |
TransMedics Group, Inc.
Healthcare
|
NEW | 94,202 | $5,157,559 | 14.24% | |
| STNG |
Scorpio Tankers Inc.
Energy
|
NEW | 77,060 | $4,170,487 | 11.52% | |
| TDW |
Tidewater Inc
Energy
|
NEW | 52,804 | $3,752,780 | 10.36% | |
| SOFI |
SoFi Technologies, Inc.
Financial Services
|
Held | 254,306 | $2,031,904 | 5.61% | |
| HIMS |
Hims & Hers Health, Inc.
Healthcare
|
NEW | 259,105 | $1,629,770 | 4.50% | |
| INMD |
InMode Ltd.
Healthcare
|
Reduced | 42,623 | $1,298,296 | 3.59% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 3,191 | $1,007,558 | 2.78% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
NEW | 7,825 | $994,714 | 2.75% | |
| VAL |
Valaris Ltd
Energy
|
NEW | 10,734 | $804,835 | 2.22% | |
| NVO |
Novo Nordisk A S
Healthcare
|
Added | 6,636 | $603,477 | 1.67% | |
| RIG |
Transocean Ltd.
Energy
|
Held | 61,735 | $506,844 | 1.40% | |
| PGNY |
Progyny, Inc.
Healthcare
|
Reduced | 11,027 | $375,138 | 1.04% | |
| CVNA |
Carvana Co.
Consumer Cyclical
|
Added | 42,614 | $357,787 | 0.99% | |
| NVDA |
Nvidia Corp
Technology
|
NEW | 3,291 | $143,155 | 0.40% | |
| NOW |
ServiceNow, Inc.
Technology
|
NEW | 929 | $103,854 | 0.29% |