According to analysis data from Bloomberg, in July, the Hengkang disciplined value fund added Cummins Inc. to its portfolio and completely liquidated its position in UnitedHealth Group.
The fund disclosed that its position size changed little, amounting to USD 17.8 billion.
Key information:
Increased holdings in Newmont Corporation;
Reduced holdings in Kellogg Brown &amp; Root;
JP Morgan is its largest investment target, accounting for 4.5% of disclosed assets.
Three new purchases:
Cummins: 418,931 shares, valued at USD 154 million;
FedEx: 605,552 shares, valued at USD 135.3 million;
Acuity Brands: 714,902 shares, valued at USD 132.9 million

Hengkang Disciplined Value Fund increased its holdings in Cummins Inc. by 418,931 shares in July, valued at $154 million, while completely liquidating its position in UnitedHealth Group. The fund's total assets under management amount to $17.8 billion, primarily invested in JP Morgan, accounting for 4.5%. Additionally, the fund increased its holdings in Newmont Corporation, reduced its position in Kellogg Brown & Root, and newly purchased FedEx and AECOM

恒康 disciplined value 基金增持康明斯，清仓联合健康