Matthews International Capital Management Q3 2022 vs. Q4 2022: Analyzing Changes in Stock Holdings

Matthews International Capital Management recently released its Q3 2022 vs. Q4 2022 13F holdings comparison, which revealed significant changes in its stock holdings. In this blog post, we will take a closer look at the changes in holdings of this fund and analyze the impact of these changes.

Firstly, Matthews International Capital Management recently decreased its holdings in Yum China Holdings Inc. by 3.2%. The fund owned 3,002,616 shares of Yum China Holdings Inc. in Q3 2022, which decreased to 2,515,967 shares in Q4 2022. The Q3 2022 value of these shares was $142,114,000, which decreased to $137,497,000 in Q4 2022. This decrease in holdings can be attributed to various factors, including market volatility and changes in the fund's investment strategy.

Another notable decrease in holdings was seen in Taiwan Semiconductor Mfg Ltd., where the fund decreased its shares by 23.3%. The fund owned 594,786 shares of Taiwan Semiconductor Mfg Ltd. in Q3 2022, which decreased to 419,660 shares in Q4 2022. In terms of value, the Q3 2022 value of these shares was $40,779,000, which decreased to $31,260,000 in Q4 2022.

On the other hand, the fund significantly increased its holdings in Ke Holdings Inc. by 43.1%. The fund owned 3,296,104 shares of Ke Holdings Inc. in Q3 2022, which increased to 5,921,302 shares in Q4 2022. The Q3 2022 value of these shares was $57,748,000, which increased to $82,661,000 in Q4 2022. This increase in holdings can be attributed to the strong performance of the company and the fund's bullish outlook on the stock.

Furthermore, the fund also increased its holdings in Bilibili Inc. by 135.5%. The fund owned 753,824 shares of Bilibili Inc. in Q3 2022, which increased to 1,148,007 shares in Q4 2022. In terms of value, the Q3 2022 value of these shares was $11,549,000, which increased to $27,196,000 in Q4 2022. This increase in holdings can be attributed to the strong growth potential of the company, particularly in the Chinese market.

In conclusion, the changes in Matthews International Capital Management's holdings provide valuable insights into the fund's investment strategy and its outlook for various companies in the market. While some decreases in holdings were seen, the fund also increased its holdings in companies with strong growth potential. It will be interesting to see how these holdings evolve in the future and how they impact the fund's performance.