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Stock impact report

Why a Fund Has a $118 Million Bet on This Chinese Stock Still 50% Below Its 2021 Highs [Yahoo! Finance]

KANZHUN LIMITED - American Depository Shares (BZ) 
Company Research Source: Yahoo! Finance
The net position change from the previous period was $45.6 million. The fund reported holding 5 million shares valued at $117.6 million as of September 30, making it the fund's largest holding. These 10 stocks could mint the next wave of millionaires › Singapore-based Serenity Capital Management disclosed a purchase of 1 million additional shares of Kanzhun Limited (NASDAQ:BZ) , adding approximately $45.6 million as of a November 13 SEC filing. According to a filing with the U.S. Securities and Exchange Commission dated November 13, Serenity Capital Management Pte. Ltd. increased its position in Kanzhun Limited (NASDAQ:BZ) by 1 million shares. The fund's total holding reached 5 million shares valued at $117.6 million at quarter-end, which is 29.9% of its $394 million in reportable U.S. equity assets. The fund bought additional shares of Kanzhun Limited, bringing the position to 29.9% of 13F AUM, its largest holding as of September 30. Top holdings after the filing: NASD Show less Read more
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