Genesis Investment Management, LLP Buys Infosys, Credicorp, Itau Unibanco Holding SA, Sells Alibaba Group Holding, Momo Inc, New Oriental Education & Technology Group Inc

• New Purchases: ITUB,
• Added Positions: INFY, BAP, CIB, CTSH, HDB,
• Reduced Positions: BABA, MOMO, EDU, NTES, SINA, AMX, WUBA, LOMA, LILAK, LILA, OPRA,
• Sold Out: PSMT,

For the details of Genesis Investment Management, LLP's stock buys and sells, go to https://www.gurufocus.com/guru/genesis+investment+management%2C+llp/current-portfolio/portfolio

1. Alibaba Group Holding Ltd (BABA) - 3,481,117 shares, 24.39% of the total portfolio. Shares reduced by 20.38%
2. 58.com Inc (WUBA) - 6,873,378 shares, 11.99% of the total portfolio. Shares reduced by 4.15%
3. New Oriental Education & Technology Group Inc (EDU) - 2,685,954 shares, 10.51% of the total portfolio. Shares reduced by 25.24%
4. Yandex NV (YNDX) - 8,152,005 shares, 9.88% of the total portfolio. Shares reduced by 0.76%
5. Infosys Ltd (INFY) - 27,838,073 shares, 8.09% of the total portfolio. Shares added by 59.88%

Genesis Investment Management, LLP initiated holding in Itau Unibanco Holding SA. The purchase prices were between $4.02 and $9.38, with an estimated average price of $7.11. The stock is now traded at around $4.62. The impact to a portfolio due to this purchase was 1.23%. The holding were 8,058,614 shares as of .

Genesis Investment Management, LLP added to a holding in Infosys Ltd by 59.88%. The purchase prices were between $6.94 and $11.41, with an estimated average price of $10.09. The stock is now traded at around $8.50. The impact to a portfolio due to this purchase was 3.03%. The holding were 27,838,073 shares as of .

Genesis Investment Management, LLP added to a holding in Credicorp Ltd by 33.48%. The purchase prices were between $124.16 and $219.48, with an estimated average price of $190.12. The stock is now traded at around $134.29. The impact to a portfolio due to this purchase was 1.83%. The holding were 1,460,129 shares as of .

Genesis Investment Management, LLP added to a holding in BanColombia SA by 31.39%. The purchase prices were between $16.57 and $55.94, with an estimated average price of $45.5. The stock is now traded at around $27.68. The impact to a portfolio due to this purchase was 0.58%. The holding were 2,741,382 shares as of .

Genesis Investment Management, LLP added to a holding in HDFC Bank Ltd by 154.61%. The purchase prices were between $29.96 and $63.7, with an estimated average price of $54.15. The stock is now traded at around $39.65. The impact to a portfolio due to this purchase was 0.37%. The holding were 454,822 shares as of .

Genesis Investment Management, LLP sold out a holding in Pricesmart Inc. The sale prices were between $42.94 and $71.02, with an estimated average price of $58.76.