Founded in 2001, E Fund Management Co., the largest comprehensive fund manager in China, added Nio to its portfolio with a 338k shares valued at $10.7 Million. E-Fund has grown tremendously to become the largest integrated management corporations in China with total assets under management about RMB 2.7 trillion as of Dec 31, 2021. The Chinese Fund offers both mutual fund and customized asset management solutions to help its onshore and offshore clients fulfill their investment objectives, assisting them to achieve long-term and sustainable returns.
E Fund Management Co., Ltd.’s top holdings are Alibaba Group Holding Limited, JD.com, Inc., Baidu, Inc. , Pinduoduo Inc – ADR , and NetEase, Inc.. E Fund Management Co., Ltd.’s new positions include Kanzhun Ltd , Nio Inc , SPDR S&P 500 ETF Trust , PowerShares QQQ Trust (US:QQQ) , and Yum China Holdings Inc.
In 2021, E Fund launched a series of ESG-themed products, including low carbon, new energy, Electric Vehicle ETF products. It also started calculating and planning its own carbon emission at the company level.
BlackRock Inc. — one of the biggest Nio holders — added another 3 Million Nio shares. According to Fintel Data, BlackRock Inc. has filed a 13F-HR form disclosing ownership of 64,036,975 shares of Nio Inc with total holdings valued at $2,028,693,000 USD as of 2021-12-31. BlackRock Inc. had filed a previous 13F-HR on 2021-11-09 disclosing 61,624,811 shares of Nio Inc at a value of $2,195,693,000 USD. This represents a change in shares of 3.91% and a change in value of -7.61% during the quarter.
The EV maker 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.
On January 27th and acording to SEC, Originalwish Limited, the company founded by Nio’s CEO, bought today another 3 Million shares ($68 Million) having now a total of 177,467,776 shares. The company has currently a 10.40% stake in Nio being on the Top-3 of Institutional Owners among Tencent and Baillie Gifford. The info was firstly posted by Marcel Munch on his Twitter account.