Portfolio Snapshots

We are an international equities manager, and we invest with a truly global outlook.

Here is a snapshot of the current portfolio disposition of our flagship Platinum Trust Funds and their key holdings.

Platinum Asia Fund (Quoted Managed Hedge Fund) (ASX code: PAXX)

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Industry Breakdown (of Platinum Asia Fund "PAF")1
SectorLong % Short %Net %
Consumer Discretionary 20.4 - 20.4
Communication Services 15.3 - 15.3
Financials 14.7 - 14.7
Info Technology 11.2 (0.6) 10.7
Real Estate 5.2 - 5.2
Industrials 5.0 - 5.0
Other 2.7 - 2.7
Health Care 1.9 - 1.9
Materials 0.7 - 0.7
Utilities 0.6 - 0.6
Energy - - -
Consumer Staples - - -
Top 10 Positions (of Platinum Asia Fund "PAF")3
StockCountryIndustry%
Alibaba Group Holding Ltd China Cons Discretionary 6.7
Tencent Holdings China Comm Services 5.0
Taiwan Semiconductor Taiwan Info Technology 4.0
Samsung Electronics Co Ltd Korea Info Technology 3.9
Yum China Holdings China Cons Discretionary 3.4
Meituan Dianping China Cons Discretionary 3.1
AIA Group Ltd Hong Kong Financials 3.0
Ping An Insurance China Financials 2.9
Vietnam Enterprise Vietnam Other 2.7
Kasikornbank PCL Thailand Financials 2.7
Total 37.5
“China” indicates a company whose business is predominantly based in mainland China, regardless of whether its securities are listed on exchanges within or outside of mainland China.
Disposition of Assets (of Platinum Asia Fund "PAF")2
Long %Short %Net %Currency%
Asia-Pacific 77.7 (0.6) 77.1 44.9
China 2.2 - 2.2 12.7
China Ex PRC 38.0 - 38.0 -
Hong Kong 7.0 - 7.0 31.4
Taiwan 4.0 - 4.0 4.1
India 9.3 (0.6) 8.7 10.2
Korea 7.8 - 7.8 7.8
Malaysia 0.4 - 0.4 0.4
Philippines 2.6 - 2.6 2.6
Thailand 3.7 - 3.7 1.0
Vietnam 2.8 - 2.8 2.8
Australian Dollar - - - 0.8
China Renminbi Off Shore - - - (28.8)
Europe - - - 0.1
UK Pound Sterling - - - 0.1
North America 0.1 - 0.1 55.0
United States 0.1 - 0.1 55.0
Sub-Total 77.8 (0.6) 77.3 100.0
Cash 22.2 - 22.7 -
Total 100.0 - 100.0 100.0
Long: 58 stocks, 1 swap. Short: 1 swap, 2 indices. NB: USD exposure is through USD cash, USD denominated stock and derivatives over such stocks.
Top 10 Positions (of Platinum Asia Fund "PAF")3
StockCountryIndustry%
Alibaba Group Holding Ltd China Cons Discretionary 6.7
Tencent Holdings China Comm Services 5.0
Taiwan Semiconductor Taiwan Info Technology 4.0
Samsung Electronics Co Ltd Korea Info Technology 3.9
Yum China Holdings China Cons Discretionary 3.4
Meituan Dianping China Cons Discretionary 3.1
AIA Group Ltd Hong Kong Financials 3.0
Ping An Insurance China Financials 2.9
Vietnam Enterprise Vietnam Other 2.7
Kasikornbank PCL Thailand Financials 2.7
Total 37.5
“China” indicates a company whose business is predominantly based in mainland China, regardless of whether its securities are listed on exchanges within or outside of mainland China.
All data as at [31 August 2019] .
  1. “Long %” represents PAF’s effective exposures to the relevant sectors as a percentage of PAF’s NAV, taking into account direct stock holdings and long derivative positions (stocks and indices). “Net %” represents PAF’s net exposures to the relevant sectors as a percentage of PAF’s NAV, taking into account direct stock holdings and both long and short derivative positions (stocks and indices).
  2. “Long %” represents PAF’s effective exposures to the relevant regions as a percentage of PAF's NAV through stock holdings and long derivatives (stocks and indices). “Net %” represents PAF’s net exposures to the relevant regions as a percentage of PAF's NAV through stock holdings and both long and short derivatives (stocks and indices). “Currency %” represents PAF’s effective exposures to the relevant currencies as a percentage of PAF's NAV through stock holdings, cash and the use of derivatives.
  3. The “Top 10 Positions” table shows PAF’s top 10 long stock positions as a percentage of PAF's NAV, taking into account direct stock holdings and long derivative positions.