Written by Cláudio Afonso | info@claudio-afonso.com
According to official data from Fintel, The California State Teachers’ Retirement System (second-largest U.S. pension) added shares on three Chinese Evs and also bought 282,772 Rivian Automotive shares during the last quarter of 2021. The California State Teachers’ Retirement System more than tripled the investment in three Chinese EV makers: Nio (+187.7%), Xpeng (+417.33%) and Li Auto (+337.88%).
Nio Inc.
California State Teachers Retirement System has filed a 13F-HR form disclosing ownership of 305,036 shares of Nio with total holdings valued at $9.664M as of 2021-12-31. On the previous 13F-HR form (November 15th, 2021) the fund disclosed 94,273 shares of Nio at a value of $3.359M. This represents an increase in shares of 223.57% and a change in value of 187.7% during Q4 2021.
According to Fintel, Nio reached this week 824 institutional owners and shareholders, the highest number ever. These institutions hold a total of 587,071,074 shares. Largest shareholders include Baillie Gifford & Co, BlackRock Inc., Vanguard Group Inc, State Street Corp, VWIGX – Vanguard International Growth Fund Investor Shares, Susquehanna International Group, Llp, Goldman Sachs Group, Citadel Advisors Llc, VEIEX – Vanguard Emerging Markets Stock Index Fund Investor Shares, and Susquehanna International Group.
Nio delivered 9,652 vehicles in January 2022, representing an increase of 33.6% year-over-year. The deliveries consisted of 1,531 ES8s, the Company’s six- or seven-seater flagship premium smart electric SUV, 5,247 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,874 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of January 31, 2022, cumulative deliveries of the ES8, ES6 and EC6 reached 176,722 vehicles.
Xpeng Motors
Calstrs has filed a 13F-HR form disclosing ownership of 123,957 shares of XPeng Inc. American depositary shares, each representing two Class A ordinary shares with total holdings valued at $6,239,000 USD as of 2021-12-31. On the previous 13F-HR form (November 15th, 2021) the fund disclosed 33,946 shares of XPeng Inc. American depositary shares, each representing two Class A ordinary shares at a value of $1.206M. This represents an increase in shares of 265.16% and a 417.33% increase during the last quarter of 2021.
As of February 20th, Xpeng has 528 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 263,242,366 shares. Largest shareholders include Fmr Llc, BlackRock Inc., Vanguard Group Inc, Capital World Investors, Primavera Capital Management Ltd, Aspex Management (HK) Ltd, AGTHX – GROWTH FUND OF AMERICA Class A, State Street Corp, Primecap Management Co/ca/, and Alibaba Group Holding Ltd.
XPeng delivered 12,922 Smart EVs in January 2022, representing a 115% increase year-over-year, exceeding the monthly delivery benchmark of 10,000 units for the fifth consecutive month.
Rivian Automotive
Calstrs bought 282,772 Rivian shares during Q4 2021 valued at $29.321 Million. The 13F-HR form filed disclosed ownership of 282,772 shares of Rivian Automotive Inc – Class A (US:RIVN) with total holdings valued at $29,321,000 USD as of 2021-12-31.
As of February 20th, Rivian Automotive has 564 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 598,315,189 shares. Largest shareholders include Price T Rowe Associates Inc /md/, Amazon, Coatue Management, BlackRock, Fmr Llc, Capital Research Global Investors, Soros Fund Management Llc, D1 Capital Partners L.P., Allianz Asset Management GmbH, and Vanguard Group Inc.
Li Auto
California State Teachers Retirement System has filed a 13F-HR form disclosing ownership of 172,163 shares of Li Auto Inc. ADR (US:LI) with total holdings valued at $5,526,000 USD as of 2021-12-31. On the previous 13F-HR form (November 15th, 2021) the fund disclosed 47,992 shares of Li Auto at a value of $1.262M. This represents a change in shares of 258.73% and a change in value of 337.88% during Q4 2021.
As of February 20th, Li Auto Inc. has 429 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 235,620,609 shares. Largest shareholders include BlackRock, Vanguard Group Inc, Baillie Gifford & Co, Fmr Llc, Goldman Sachs Group Inc, State Street Corp, Citadel Advisors Llc, Ubs Asset Management Americas Inc, Tiger Global Management Llc, and FEMSX – Fidelity Series Emerging Markets Opportunities Fund.
Li Auto, an innovator in China’s new energy vehicle market, announced that delivered 12,268 Li ONEs in January 2022, representing a 128.1% increase year over year. The cumulative deliveries of Li ONE reached 136,356 since the vehicle’s market debut.
Written by Cláudio Afonso | info@claudio-afonso.com