Greenwoods Asset Management Ltd Q3 2020 vs Q4 2020: 13F Holdings Comparison

In the third and fourth quarters of 2020, Greenwoods Asset Management Ltd reported significant changes in their 13F holdings. This article will examine these changes to provide insights into the company's strategies and potential investment opportunities moving forward.

One of the most significant increases in holdings was in Pinduoduo Inc, with a staggering 366.6% increase in the number of shares held. Similarly, Sea Ltd saw a 32.8% increase in shares held, while Facebook Inc saw a 20.2% decrease.

TSMC, which had not been held in Q3 2020, saw a massive increase in shares held in Q4 2020, with a staggering 1186.4%. Other significant increases in holdings include Bilibili Inc with 145.9%, JinkoSolar Holding Co-ADR with 810.4%, and NVIDIA Corp with 78.3%.

However, not all companies saw an increase in holdings. Alibaba Group Holding Ltd saw a significant decrease of 75.4% in shares held, while JD.com Inc saw a decrease of 80.2%. Other notable decreases include So-Young International Inc with a 16.3% decrease, and Daqo New Energy Corp-ADR with a 47.4% decrease.

Moreover, there are some holdings that remained the same in both quarters, such as Qudian Inc with a 11.3% increase in the value of their holdings, and X Financial with a 29.3% increase. Some holdings are new to the portfolio and include companies such as Alteryx Inc, AirBnB Inc, Burning Rock Biotech Ltd, and Wynn Resorts Ltd.

One trend that can be observed in the shift of Greenwoods Asset Management Ltd's holdings is a move toward tech and renewable energy stocks. The company made significant increases in holdings of TSMC, NVIDIA Corp, and JinkoSolar Holding Co-ADR, suggesting a bullish outlook on these companies' ability to capitalize on the ongoing shift toward renewable energy and technology.

In conclusion, Greenwoods Asset Management Ltd continues to adapt to the changing market environment by shifting its holdings toward high-growth potential companies. Investors may want to take notice of these changes and consider these holdings in their portfolio.