Indus Capital Partners Q4 2022 13F Filing: Changes in Holdings of Various Companies and Insights into Investment Strategies.

Indus Capital Partners, LLC is a hedge fund that specializes in fundamental analysis and investing across various industries, company sizes, and geographies. As of Q3 2022, the fund held positions in a diverse range of companies, with a focus on the technology, healthcare, and consumer sectors.

In the recent Q4 2022 13F filing, the fund reported changes in its holdings across various companies. This blog post will provide a comprehensive summary of the changes in holdings of this fund based on the provided CSV.

BEKE - KE HLDGS INC

The fund increased its holdings in KE HLDGS INC from 1,347,446 shares to 1,920,721 shares, representing a 13.6% increase. The value of the holding also increased from $23,607,000 to $26,813,000, indicating a bullish sentiment towards the company.

TDCX - TDCX INC

The fund also increased its holdings in TDCX INC from 1,256,327 shares to 1,611,404 shares, representing a significant increase of 69.5%. The value of the holding also increased from $11,772,000 to $19,949,000. This shows that the fund is bullish on the company's prospects in the coming months.

BRIGHT SCHOLAR ED HLDGS LTD

Although the fund increased its holdings in BRIGHT SCHOLAR ED HLDGS LTD from 755,871 shares to 933,114 shares, the change in value was relatively small, going from $2,230,000 to $2,252,000, representing a mere 1% increase. Nevertheless, the increased holdings show some level of confidence in the company's future prospects.

ZLAB - ZAI LAB LTD

The Indus Capital Partners fund sold most of its position in ZAI LAB LTD, reducing its holdings from 430,127 shares to just 25,256 shares, representing a massive decrease of 94.7%. The value of the holding also decreased significantly, from $14,710,000 to just $775,000. This move could be an indication that the fund does not have much faith in the future of the company.

ACM RESH INC, ALIBABA GROUP HLDG LTD, GRAFTECH INTL LTD, and TAIWAN SEMICONDUCTOR MFG LTD

The fund sold all its holdings in ACM RESH INC, ALIBABA GROUP HLDG LTD, GRAFTECH INTL LTD, and TAIWAN SEMICONDUCTOR MFG LTD, indicating that it has little faith in the future prospects of these companies.

PINDUODUO INC, FULL TRUCK ALLIANCE CO LTD, BAIDU INC, XP INC, MERCADOLIBRE INC, and AMBEV SA

Indus Capital Partners also sold all its holdings in PINDUODUO INC, FULL TRUCK ALLIANCE CO LTD, BAIDU INC, XP INC, MERCADOLIBRE INC, and AMBEV SA, a clear indication that it no longer sees much potential or growth opportunities in these companies.

GRUPO TELEVISA S A B, GERDAU SA, CEMEX SAB DE CV, FOMENTO ECONOMICO MEXICANO S, and PETROLEO BRASILEIRO SA PETRO

The fund also sold all its holdings in companies such as GRUPO TELEVISA S A B, GERDAU SA, CEMEX SAB DE CV, FOMENTO ECONOMICO MEXICANO S, and PETROLEO BRASILEIRO SA PETRO, suggesting that it has no confidence in the future prospects of these companies.

AGORA INC

Indus Capital Partners sold its entire holdings in AGORA INC, suggesting that it no longer has any faith in the company's future prospects.

Conclusion

In conclusion, the changes in holdings of Indus Capital Partners fund provide valuable insights into the investment strategies and risk appetite of the fund. While the fund increased its holdings in some companies, it sold its entire position in others, indicating that they were not confident about their future prospects. However, it is important to note that changes in holdings may not necessarily be a reflection of a company's inherent value or growth potential, but rather an indication of the fund's portfolio rebalancing and risk management strategies.