Was Ronald Hua’s QTRON Investments Right About These 10 Stocks?

In this article, we will discuss the top 10 stocks of Ronald Hua’s QTRON Investments based on his Q3 2021 holdings and evaluate his performance based on the returns of these stocks over the past 12 months. past You can skip our analysis of Product history, investment philosophy, and hedge fund performance by going directly to Was Ronald Hua’s QTRON Investments Right For These 5 Stocks?.

We prepared the original content of this article nearly a year ago when we reviewed QTRON’s third quarter 2021 13F. We are publishing this article today because it is interesting for our readers to analyze how the so-called “smart money” works when it comes to stock picking. When we look at the portfolios of hedge funds, we can better analyze their performance and see whether it is right or wrong. A one-year window is sufficient to measure the performance of a tree.

In this article you will see the top 10 collections of QTRON based on its Q3 2021 portfolio. For annual portfolios we have mentioned its performance in the last 12 months from November 19.

As you can see, most of the stocks in QTRON’s portfolio were broken due to macroeconomic pressures that occurred in 2022. However, many of these stocks will rebound in 2023 when some analysts believe that the worst is over for the market. At the time of writing we cited analyst ratings for these stocks from prominent Wall Street analysts. It would be interesting for our readers to see whether these analysts’ price targets and calls are right or wrong.

Ronald Hua is the founder of QTRON Investments. Has investment management experience spread over 20 years. Prior to co-founding QTRON Investments, he was a partner at Goldman Sachs Asset Management and served as Chief Investment Officer in the Investment Strategy Group from 2011 to 2016. At GSAM , he is responsible for overseeing robust equity strategies with GSAM Insights Funds totaling $25 billion. Ronald Hua has an MBA and MS in Computer Science from New York University. He is also a CFA charter holder.

According to the company’s 2021 13F filings, the hedge fund’s net worth is $371.72 million. The majority of Hua’s portfolio consists of investments focused on the technology, financial, and healthcare sectors.

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Some of the top holdings in QTRON Investments’ portfolio at the end of the third quarter of 2021 were Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc. (NASDAQ:GOOG), and others .

10. JD.com, Inc. (NASDAQ:JD)

QTRON Investments Net Worth: $4.9 million

Percentage of QTRON Investments’ 13F Portfolio: 1.32%

JD’s Performance in the Last 12 Months as of November 19: -38%

JD.com, Inc. The company offers a wide range of genuine products at competitive prices with fast and reliable delivery.

Financial services company Macquarie Group resumed the announcement and issued a higher rating with a price target of $112. Analyst Ellie Jiang predicts continued growth in 2022.

At the end of 2021Q3, 66 hedge funds in the Insider Monkey database held $9.06 billion worth of stakes in JD.com, Inc.

Argosy Investors, an investment management firm, published its Q3 2021 investor letter and mentioned JD.com, Inc. (NASDAQ:JD). Here’s what Argosy Investors has to say about the company:

“We bought it JD the result of anger on Chinese stocks during the quarter. We’ve been concerned about China’s lack of respect for investors’ rights for some time, and Beijing has been much more assertive of itself lately. In addition, the legal framework used by Chinese companies to publicly disclose in the US, a Cayman Islands shell corporation leaves US investors with no idea how to recover value if these companies will stop trading on US exchanges. Due to uncertainty, we all graduated from our position at JD. We still like JD’s long-term prospects, but we cannot rule out the legal/regulatory risk associated with these companies. Broadly speaking, we are betting on other positions we have that have declined in this market and, after further review, will remain attractive.

9. Infosys Limited (NYSE:INFY)

QTRON Investments Net Worth: $5.2 million

Percentage of QTRON Investments’ 13F Portfolio: 1.4%

InfosysPerformance Over the Last 12 Months as of November 19: -17%

Infosys Limited (NYSE:INFY) is a global IT services provider, headquartered in Bangalore. The company provides traditional IT service offerings. These include consulting, management and cloud infrastructure services, and business management as a service. Ronald Hua’s QTRON Investments increased its stake in Infosys Limited (NYSE:INFY) by 4% in 2021Q3 compared to the second quarter.

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The company represents 1.4% of QTRON Investments’ total investment portfolio at the end of the third quarter of 2021.

At the end of 2021Q3, 29 hedge funds in Insider Monkey’s database held $2.47 billion worth of stakes in Infosys Limited (NYSE:INFY), up from 22 at the end of 2021. previously valued at $2.15 billion.

8. Petróleo Brasileiro SA – Petrobras (NYSE:PBR)

QTRON Investments Net Worth: $5.2 million

Percentage of QTRON Investments’ 13F Portfolio: 1.4%

Petróleo’s Performance in the Last 12 Months as of November 19: +16%

Petróleo Brasileiro SA – Petrobras (NASDAQ:PBR) is a Brazilian company, one of the largest producers of oil and gas in the world. The company is mainly involved in exploration and production, refining, power generation and marketing. Ronald Hua’s QTRON Investments increased its stake in Petróleo Brasileiro SA – Petrobras (NASDAQ:PBR) by 24% in the third quarter of 2021 compared to the second quarter.

The company represents 1.4% of the total investment funds of QTRON Investments at the end of the third quarter of 2021. At the end of the third quarter of 2021, there were 23 hedge funds in the database o Insider Monkey held a $3 billion investment in Petróleo Brasileiro SA – Petrobras (NASDAQ:PBR). Last quarter, 25 hedge funds held stakes worth $2.79 billion.

In the third quarter of 2021, Petróleo Brasileiro SA – Petrobras (NASDAQ:PBR) reported sales of $23.2 billion and adjusted EBITDA of $11.6 billion.

7. ICICI Bank Limited (NYSE:IBN)

QTRON Investments Net Worth: $5.4 million

Percentage of QTRON Investments’ 13F Portfolio: 1.44%

ICICI’s Performance in Last 12 Months as of November 19: +11%

ICICI Bank Limited (NYSE:IBN) is engaged in providing financial services. Its operating divisions include retail banking, wholesale banking, banking, and other banking businesses.

At the end of the third quarter of 2021, 28 hedge funds in the Insider Monkey database held $2.62 billion in ICICI Bank Limited (NYSE:IBN). Ronald Hua’s QTRON Investments increased its stake in the company by 27% in the third quarter of 2021 compared to the second quarter.

6. Meta Platforms, Inc. (NASDAQ:FB)

QTRON Investments Net Worth: $5.6 million

Percentage of QTRON Investments’ 13F Portfolio: 1.5%

Meta’s Performance in Last 12 Months as of November 19: -67%

Meta Platforms, Inc. (NASDAQ:FB), formerly known as Facebook, is the world’s largest online social network, with 2.5 billion monthly active users. The company’s ecosystem is mainly the Facebook app, Instagram, Messenger, WhatsApp, and some features around these products. Users can access Facebook with the help of their mobile and desktop devices.

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Ronald Hua’s QTRON Investments increased stake in Meta Platforms, Inc. (NASDAQ:FB) by 13% in the third quarter of 2021 compared to the second quarter. At the end of the third quarter of 2021, 248 hedge funds in Insider Monkey’s database held a $38.5 billion stake in Meta Platforms, Inc. (NASDAQ:FB), down from 266 in the previous quarter valued at $42.3 billion.

Jefferies Group, an investment management firm, published its third-quarter 2021 report and mentioned Meta Platforms, Inc. (NASDAQ:FB). Here’s what Jefferies Group said about the company:

“Early on, FB is creating platforms to support the development of the Metaverse. We look at the position of FB through the perspective of 4 current investment projects: 1) Oculus VR equipment, 2) Smart glasses, 3) Augmented Reality lenses, and 4) “Horizon Workrooms”

Oculus Virtual Reality hardware: Since acquiring Oculus in 2014 ($2B valuation), FB has focused on developing best-in-class hardware and additional hardware and services to support VR experiences. The Oculus Quest 2 is FB’s new VR headset; retails for $299 and allows users to play games, try fitness classes, play sports, and watch concerts in virtual environments. Most importantly, Quest 2 connects to users’ Facebook accounts, meaning users can seamlessly connect with friends in virtual environments to play games and socialize. We believe that one of FB’s biggest differentiators in VR is its diverse set of non-gaming experiences designed for Oculus. For example, users can explore the most important countries in National Geographic Explore VR, participate in virtual fitness classes, or sample the work of a chef. As FB’s tools continue to improve and become less complex, we expect a developer’s wheel and use in VR.

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Disclosure: None. Was Ronald Hua’s QTRON Investments Right For These 10 Stocks? originally published on Insider Monkey.

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