Managers / Q4 2021 · view latest →
KADENSA CAPITAL Ltd
CIK 0001720980 · SUITE 1501 YORK HOUSE, THE LANDMARK,, 15 QUEEN'S ROAD CENTRAL, CENTRAL, K3, 00000 · 852-3589-6738
Summary
Kadensa Capital Ltd reported $327M in U.S.-listed holdings across 20 positions for Q4 2021.
Its largest position, MSFT, represents 19.6% of the portfolio.
Compared with Q3 2021, the fund opened 9 new positions and exited 1.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 53.6% · $175M
- ADR · 41.7% · $136M
- Other · 4.7% · $15M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BABAALIBABA GROUP HLDG LTD | NEW | +408.2K | 408.2K | +$48M | $48M |
| NIONIO INC | NEW | +247.2K | 247.2K | +$8M | $8M |
| INFYINFOSYS LTD | NEW | +221.0K | 221.0K | +$6M | $6M |
| IBNICICI BANK LIMITED | NEW | +263.3K | 263.3K | +$5M | $5M |
| MSCIMSCI INC | NEW | +8.1K | 8.1K | +$5M | $5M |
| XPEVXPENG INC | NEW | +97.4K | 97.4K | +$5M | $5M |
| LILI AUTO INC | NEW | +145.0K | 145.0K | +$5M | $5M |
| ELLAUDER ESTEE COS INC | NEW | +10.5K | 10.5K | +$4M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MSFTMICROSOFT CORPhistory → | COM | 19.59% | $64M | 190.3K |
| 2 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 14.84% | $48M | 408.2K |
| 3 | GOOGALPHABET INChistory → | CAP STK CL C | 11.55% | $38M | 13.0K |
| 4 | METAMETA PLATFORMS INChistory → | CL A | 9.86% | $32M | 95.8K |
| 5 | AMZNAMAZON COM INChistory → | COM | 9.19% | $30M | 9.0K |
| 6 | CLVTRIP COM GROUP LTDhistory → | ADS | 6.47% | $21M | 858.9K |
| 7 | SESEA LTDhistory → | SPONSORD ADS | 6.29% | $21M | 91.9K |
| 8 | TUYATUYA INChistory → | SPONSERED ADS | 3.44% | $11M | 1.80M |
| 9 | NEW ORIENTAL ED & TECHNOLOGY | SPON ADR | 3.03% | $10M | 4.72M |
| 10 | NIONIO INChistory → | SPON ADS | 2.40% | $8M | 247.2K |
| 11 | INFYINFOSYS LTDhistory → | SPONSORED ADR | 1.71% | $6M | 221.0K |
| 12 | UXIN LTD | ADS | 1.68% | $6M | 3.48M |
| 13 | IBNICICI BANK LIMITEDhistory → | ADR | 1.59% | $5M | 263.3K |
| 14 | MSCIMSCI INChistory → | COM | 1.52% | $5M | 8.1K |
| 15 | XPEVXPENG INChistory → | ADS | 1.50% | $5M | 97.4K |
| 16 | LILI AUTO INChistory → | SPONSORED ADS | 1.42% | $5M | 145.0K |
| 17 | ELLAUDER ESTEE COS INChistory → | CL A | 1.19% | $4M | 10.5K |
| 18 | BILIBILIBILI INChistory → | SPONS ADS REP Z | 1.05% | $3M | 74.0K |
| 19 | ZTOZTO EXPRESS CAYMAN INC | SPONSORED ADS A | 0.94% | $3M | 108.8K |
| 20 | RBLXROBLOX CORP | CL A | 0.71% | $2M | 22.5K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $718M | 39 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $963M | 43 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $971M | 49 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $628M | 46 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $806M | 57 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $824M | 51 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $382M | 32 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $424M | 38 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $368M | 38 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $397M | 15 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $507M | 24 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $568M | 26 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $500M | 25 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $333M | 23 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $306M | 24 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $263M | 21 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $196M | 17 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $327M | 20 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $171M | 12 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $65M | 9 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $194M | 15 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $256M | 12 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $263M | 13 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $196M | 13 | Jul 30, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $209M | 12 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $156M | 15 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.