Netease 13F annual report

Netease is an investment fund managing more than $173 billion ran by William Ding. There are currently 2 companies in Mr. Ding’s portfolio. The largest investments include Applovin Corp and Youdao, together worth $173 billion.

$173 billion Assets Under Management (AUM)

As of 1st August 2024, Netease’s top holding is 1,943,257 shares of Applovin Corp currently worth over $162 billion and making up 93.4% of the portfolio value. In addition, the fund holds 2,898,293 shares of Youdao worth $11.4 billion, whose value grew 2.0% in the past six months.

Currently, Netease's portfolio is worth at least $173 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Netease

The Netease office and employees reside in Hangzhou, China. According to the last 13-F report filed with the SEC, William Ding serves as the Chief Executive Officer at Netease.

Recent trades

William Ding disclosed a decreased stake in Applovin Corp by 0.4%. This leaves the value of the investment at $162 billion and 1,943,257 shares.

One of the smallest hedge funds

The two most similar investment funds to Netease are Tyro Capital Management and Blackbarn Capital Partners L.P.. They manage $173 billion and $173 billion respectively.

William Ding investment strategy

Netease’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Communication Services — making up 6.6% of the total portfolio value. The fund focuses on investments in the China as 50.0% of the portfolio companies are based in the China.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $665 million.

The complete list of Netease trades based on 13F SEC filings

These positions were updated on August 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Applovin Corp	42.10% 1,943,257	$161,717,848,000	93.44%
Youdao, Inc.	No change 2,898,293	$11,361,309,000	6.56%
No transactions found
Showing first 500 out of 2 holdings