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Institutional Investment Manager
TB Alternative Assets Ltd.
TB Alternative Assets Ltd. (CIK: 0001483503), located at C/O Maples Corporate Services Limited, Grand Cayman. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 6 holdings with a total value of $196,571,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 NETEASE INC 376,855 81,152,000 41.28%
2 TAL EDUCATION GROUP 1,070,731 75,112,000 38.21%
3 NEW ORIENTAL ED & TECH GRP I 462,900 19,488,000 9.91%
4 CTRIP COM INTL LTD 331,685 13,267,000 6.75%
5 JD COM INC ADR 255,300 6,495,000 3.30%
6 BAIDU INC 6,430 1,057,000 0.54%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000950123-17-000151, filed 2017.01.11).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.