- With the current proportion, according to estimates, VEIL is holding a volume of VCB shares worth about 108 million USD, equivalent to 30.5 million shares of VCB (about 0.82% shares of VCB).
Vietnam Enterprise Investments Limited (VEIL), the largest fund by Dragon Capital, has just announced its portfolio update report on August 6 with an asset size of over $ 1.3 billion. In which, the fund’s cash balance is only 1.21%, equivalent to 15.8 million USD and is one of the lowest numbers since the beginning of the year until now.
The proportion of cash VEIL Dragon Capital is at the lowest area since the beginning of the year until now. Photo: Young intellectuals
Net asset value on fund certificates (NAV / share) VEIL as of August 6 reached $ 5.98, up 4.91% from the previous week but still down 11.54% from the beginning of the year. This reduction is equivalent to VN-Index (in USD).
Regarding the structure of the VEIL portfolio, VinHomes (VHM) is currently the stock with the largest proportion with 9.51%, followed by MWG with 8.83%. Meanwhile, VCB climbed to the number 3 position in the VEIL portfolio with a weight of 8.29%. The fact that VCB climbed to the top of VEIL’s portfolio recently came from (1) VCB’s share price recovered more strongly than many other stocks after the Covid-19 and (2) VEIL bought more shares of VCB.
VCB has been strongly “collected” by VEIL Dragon Capital in recent months. Photo : Young intellectuals
With the current proportion, it is estimated that VEIL is holding VCB shares worth about 108 million USD, equivalent to 30.5 million shares of VCB (about 0.82% shares of VCB).
Meanwhile, at the end of April, VEIL only held the amount of VCB shares with the proportion of 3.5% in the portfolio, equivalent to $ 40.7 million (about 14 million shares). Thus, over the past 3 months, VEIL has bought an additional 16.5 million shares of VCB.
Ending the session on 13/8, the market price of VCB reached 83,000 VND / share, down 8% compared to the beginning of the year and was one of the best price-keeping Bluechips in VN30 basket.
Regarding the industry structure, real estate accounts for the largest proportion in the VEIL portfolio with 27.15%, followed by banks with 26.16%. Meanwhile, the F&B group currently accounts for only 12.95% of the fund portfolio.