SEC 13F Intelligence

Managers / Q1 2021 · view latest →

CAAS CAPITAL MANAGEMENT LP

CIK 0001802881 · 800 THIRD AVE 26TH FLOOR, NEW YORK, NY, 10022 · 212-518-8638

Reported Value
$9.2B
Q1 2021
Positions
1,123
Filings on Record
21
2019–present window
Filed
May 17, 2021
original filing

Summary

Caas Capital Management LP reported $9.2B in U.S.-listed holdings across 1,123 positions for Q1 2021.

Its largest position, Tencent Music Entmt, represents 1.0% of the portfolio.

Compared with Q4 2020, the fund opened 530 new positions and exited 247.

Portfolio Metrics

Turnover
+46.7%
vs prior filed quarter
Top-10 Concentration
+6.6%
share of reported value
Largest Position
+1.0%
Tencent Music Entmt
New / Exited
530 / 247
positions this quarter

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

13F Reported Value
Q1 ’20: $958MQ1 ’20Q2 ’20: $3.0BQ3 ’20: $4.3BQ4 ’20: $10.5BQ4 ’20Q1 ’21: $9.2BQ2 ’21: $5.9BQ3 ’21: $5.0BQ3 ’21Q4 ’21: $4.1BQ1 ’22: $2.4BQ2 ’22: $2.0BQ2 ’22Q3 ’22: $2.1BQ4 ’22: $1.7BQ1 ’23: $1.9BQ1 ’23Q2 ’23: $1.5BQ3 ’23: $1.5BQ4 ’23: $946MQ4 ’23Q1 ’24: $1.4BQ2 ’24: $310MQ3 ’24: $856MQ3 ’24Q4 ’24: $572MQ1 ’25: $934Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 70.6%ADR: 16.1%Other: 9.7%REIT: 1.0%ETP: 0.9%Other: 1.6%
  • Common Stock · 70.6% · $6.5B
  • ADR · 16.1% · $1.5B
  • Other · 9.7% · $901M
  • REIT · 1.0% · $95M
  • ETP · 0.9% · $79M
  • Other · 1.6% · $147M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UBERUBER TECHNOLOGIES INCNEW+1.03M1.03M+$56M$56M
TCBITEXAS CAP BANCSHARES INCNEW+788.1K788.1K+$56M$56M
DNBDUN & BRADSTREET HLDGS INCNEW+2.27M2.27M+$54M$54M
DISCKUSDDISCOVERY INCNEW+1.37M1.37M+$50M$50M
PNCPNC FINL SVCS GROUP INCNEW+275.0K275.0K+$48M$48M
KARUNA THERAPEUTICS INCNEW+378.6K378.6K+$46M$46M
AES CORPNEW+400.0K400.0K+$41M$41M
ITRIITRON INCNEW+459.8K459.8K+$41M$41M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2021

14 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TENCENT MUSIC ENTMT GROUPSPON ADS1.00%$93M4.52M
2VIPSVIPSHOP HOLDINGS LIMITEDhistory →SPONSORED ADS A0.85%$78M2.62M
3FTCHQFARFETCH LTDhistory →ORD SH CL A0.73%$68M1.28M
4ROYALTY PHARMA PLCSHS CLASS A0.65%$60M1.37M
5GTMZOOMINFO TECHNOLOGIES INChistory →COM CL A0.64%$59M1.21M
6TCBITEXAS CAP BANCSHARES INChistory →COM0.60%$56M788.1K
7DNBDUN & BRADSTREET HLDGS INChistory →COM0.59%$54M2.27M
8DISCKUSDDISCOVERY INChistory →COM SER C0.55%$50M1.37M
9KARUNA THERAPEUTICS INCCOM0.49%$46M378.6K
10PDDPINDUODUO INChistory →SPONSORED ADS0.49%$45M336.8K
11IQIQIYI INChistory →SPONSORED ADS0.48%$45M2.69M
12WMGWARNER MUSIC GROUP CORPhistory →COM CL A0.47%$43M1.27M
13AES CORPUNIT 99/99/99990.45%$41M400.0K
14ITRIITRON INChistory →COM0.44%$41M459.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2025$934M469May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$572M358Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$856M429Oct 28, 202413F-HRchanges · EDGAR ↗
Q2 2024$310M221Jul 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.4B499Apr 26, 202413F-HRchanges · EDGAR ↗
Q4 2023$946M478Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.5B631Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.5B665Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.9B689May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.7B752Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.1B833Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.0B877Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.4B625May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.1B845Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$5.0B923Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$5.9B1,013Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$9.2B1,123May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$10.5B826Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$4.3B463Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.0B398Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$958M227May 15, 202013F-HRchanges · 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 ↗.