Giant nearly 80 times hold fight duo duo!Goldman Sachs is slashing Alibaba and buying A new stake in Rivian, Tesla’s rival

2022-06-30 0 By

Ivan, a reporter from China Fund News, has arrived at the time of the quarterly 13F report. In addition to paying attention to the position trends of financial giants such as Buffett and Soros in the fourth quarter of 2021, the shareholding distribution of major sovereign funds and Wall Street heavyweight investment banks is also of great reference value for investors in the US stock market.Temasek, the Singapore sovereign fund, and Goldman Sachs and Morgan Stanley, the world’s leading investment banks, released their positions through the fourth quarter of 2021 on Feb. 14.Specifically, Temasek is still enthusiastic about Chinese Internet companies listed in the U.S. Goldman Sachs and Morgan Stanley’s heavy holdings are still dominated by technology and financial stocks, and both have their first holdings in Tesla’s rival tech startup Rivian.Let’s take a look at each one.In the fourth quarter of 2021, the total market value of Temasek’s positions is $27.7 billion, lower than the previous quarter’s $28.5 billion, with the top ten heavy positions accounting for 57% of the total positions.Holdings of 17 new issues, 15 increased, 22 reduced, and 14 issues were cleared.Temasek’s operation of the three Chinese e-commerce stocks is worth noting.By the fourth quarter of 2021, temasek’s holdings of PINDUoduo rose by nearly 80 times from 26,700 shares to 2.12 million shares, according to filings.Newly established jingdong, bought 174,000 shares.Pinduoduo closed down 1.4% in the last trading session, edging up 1.5% for the year.Jd.com’s U.S. shares have risen 6.3% so far this year.In terms of Alibaba, temasek also continued to reduce its holdings of Alibaba in the fourth quarter, from 9.73 million shares to 9.08 million shares, with a market value of 1.08 billion DOLLARS.But despite the sell-off, Alibaba remains temasek’s top 10 holding (no. 6).As of Monday, Feb. 14, Alibaba closed down 0.3%.After plunging more than 50% last year, Alibaba’s U.S. shares have rebounded slightly by about 3% this year.And it is worth noting that the US-listed Chinese concept stocks after last year’s brutal decline, 2022 as a whole is still in decline.The Nasdaq Golden Dragon China Index, which tracks Chinese stocks, fell 42.7% last year and is still down 5.5% so far this year.Temasek also sold its 11,000 stake in Tencent Music and bucked the trend by buying about 890,000 more shares in East China Sea, the “little Tencent in Southeast Asia”.And On Monday, February 14, Sea Ltd closed 18.39% lower, the biggest intraday decline since its New York stock Exchange listing in October 2017.As of the day’s close, Sea has fallen more than 42 percent since the beginning of the year and nearly 17 percent in the last five days.Changes in temasek’s holdings can partly reflect its core investment strategy to grasp structural trends and make active investments.Global enterprise development co-president, temasek China wu had said in a media interview in December last year, for the moment, there are four structural trends driving social progress and the development of science and technology: first, the digital process, covering the world’s digital infrastructure, which is the basis of running the whole society in the future;Second, the future of new consumption, driven by digital, the consumption upgrading of the younger generation and the structural change of consumption behavior will give birth to a new generation of enterprises;Third, longer life will drive many emerging needs, such as health, retirement, consumption in old age, and wealth management.Fourth, sustainable living, to help achieve the “3060 Goal” of carbon neutrality and provide sustainable development solutions.According to the report, the total market value of Goldman sachs holdings in the fourth quarter reached $506.22 billion, up 7% from the previous quarter’s total market value of $471.465 billion.In its fourth-quarter portfolio, Goldman added 790 stocks and added 2,686 to its holdings.At the same time, it also reduced its holdings of 2,348 stocks and liquidated its positions of 547 stocks.The top ten positions accounted for 18.06% of the total market value.In terms of position changes, Goldman sachs ‘top five selling issues in q4 2021 are: s&p 500 ETF call options, alibaba, s&p 500 ETF put options, Meta Platforms, and ishares Russell 2000ETF.After frantically increasing its holdings of Alibaba in the third quarter, Goldman Sachs directly reduced its holdings of 8.287,500 shares of Alibaba in the fourth quarter of 2021, down 17% from the previous quarter, and Now Alibaba only accounts for 1.46% of its holdings.It’s worth noting, however, that Goldman is still bullish on general concept stocks.Goldman Sachs Chief China market strategist Liu Jinjin team said in a research report released on January 6 this year that China concept stocks will enter the cycle of recovery after a sharp correction, after experiencing a sharp correction, China concept stocks are now in the cycle from “despair” to “Hope”.Although the earnings growth of Internet companies is slowing down and regulatory risks are still in place, Chinese stocks may be subject to policy easing, coupled with historically low valuations, stock prices are expected to bottom out and recover. It is expected that In 2022, Chinese domestic stocks will rise 13%, while overseas Chinese stocks will rise 30%.Rounding out Goldman’s top five buys were tesla put options, the nasdaq 100ETF, payments company Marqeta, nvidia and software company Procore Technologies.In terms of heavy holdings, the proportion of the top three heavy holdings all declined from the previous quarter, with Microsoft’s shareholding dropping the most.The S&P 500 ETF ranked first with 37.618 million shares held and a market capitalization of 17.867 billion US dollars, down 3% from the previous quarter and accounting for 3.53% of the portfolio.Apple ranks second with a holding of 68.2644 million shares and a market capitalization of 12.122 billion US dollars, down 2% from the previous quarter and accounting for 2.39% of the portfolio.Microsoft ranks third with holdings of about 32.342 million shares and market capitalization of about $10.877 billion, down 9% from the previous quarter and accounting for 2.15% of the portfolio.In addition, Goldman added new positions in Nu Holdings, the world’s largest digital bank, Tesla rival Rivian electric vehicles, and ASE Semiconductor.Soros Fund Management, a Wall Street financier, bought nearly 20 million pure Rivian shares in the fourth quarter of 2021, and now owns a total value of Rivian shares worth more than $1 billion.Rivian was a monster stock in the American stock market last year.Backed by Amazon and Ford, The company reached a market value of 100 billion yuan after going public in November last year. At its peak, it became the world’s third largest auto company, and then began to fluctuate with double-digit declines and gains.Rivian has fallen nearly 40 per cent so far this year, and its shares have halved from their post-IPO peak.JPM:In contrast to Goldman sachs, Morgan Stanley, another big Wall Street investment bank, seems to be undaunted by high inflation and fed rate hike expectations and is still significantly overweight in THE S&P 500 ETF. It also likes financials and technology stocks, somewhat like Goldman.It has also bought Rivian, tesla’s rival, a popular electric car.In the fourth quarter of 2021, the total market value of Morgan Stanley positions reached 809.869 billion US dollars, compared with 742.479 billion US dollars in the previous quarter, a sequential growth of 9%.In the holding portfolio, 445 stocks were added, 4075 stocks were increased, while 3036 stocks were reduced and 340 stocks were cleared.Among them, the top 10 positions accounted for 15.54% of the total market value.Among the top five holdings, Apple ranked first, accounting for 2.90% of the portfolio.Microsoft ranks second with 2.71% of the portfolio.The S&P 500 ETF ranked third, with 2.08% of the portfolio.Amazon ranks fourth with 1.75% of the portfolio;Alphabet ranks fifth, with 1.28% of the portfolio.Morgan Stanley’s top five purchases in q4, based on percentage changes, were THE S&P 500 ETF, Apple, Broadcom, Unity Software, and Home Depot.The top five selling targets were Amazon, Block, Snap, Twitter and DocuSign.It is worth noting that, like Goldman sachs, Morgan Stanley also built a new position in Rivian in the fourth quarter, with 3.6362 million shares and a market value of about $377 million.Editor: Captain fryer!Clearance 10 times big stock: Hillhouse HHLR40 billion shareholding exposure!Cut positions to fight more, crazy buy ideal, Xiaopeng, Southeast Asia small Tencent……