Ariose Capital Management Ltd Buys PowerShares QQQ Trust Ser 1, JD.com Inc, NVIDIA Corp, Sells TAL Education Group, AstraZeneca PLC, BeiGene

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May 08, 2020
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Investment company Ariose Capital Management Ltd (Current Portfolio) buys PowerShares QQQ Trust Ser 1, JD.com Inc, NVIDIA Corp, Align Technology Inc, SPDR Gold Trust, sells TAL Education Group, AstraZeneca PLC, BeiGene, Facebook Inc, Lockheed Martin Corp during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Ariose Capital Management Ltd. As of 2020Q1, Ariose Capital Management Ltd owns 44 stocks with a total value of $209 million. These are the details of the buys and sells.

For the details of Ariose Capital Management Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/ariose+capital+management+ltd/current-portfolio/portfolio

These are the top 5 holdings of Ariose Capital Management Ltd
  1. PowerShares QQQ Trust Ser 1 (QQQ) - 196,700 shares, 17.94% of the total portfolio. New Position
  2. JD.com Inc (JD) - 449,900 shares, 8.73% of the total portfolio. Shares added by 417.13%
  3. Tesla Inc (TSLA) - 20,000 shares, 5.02% of the total portfolio. Shares reduced by 13.19%
  4. NVIDIA Corp (NVDA) - 36,490 shares, 4.61% of the total portfolio. New Position
  5. Align Technology Inc (ALGN) - 42,900 shares, 3.57% of the total portfolio. New Position
New Purchase: PowerShares QQQ Trust Ser 1 (QQQ)

Ariose Capital Management Ltd initiated holding in PowerShares QQQ Trust Ser 1. The purchase prices were between $169.3 and $236.98, with an estimated average price of $212.89. The stock is now traded at around $224.89. The impact to a portfolio due to this purchase was 17.94%. The holding were 196,700 shares as of .

New Purchase: NVIDIA Corp (NVDA)

Ariose Capital Management Ltd initiated holding in NVIDIA Corp. The purchase prices were between $196.4 and $314.7, with an estimated average price of $252.63. The stock is now traded at around $311.64. The impact to a portfolio due to this purchase was 4.61%. The holding were 36,490 shares as of .

New Purchase: Align Technology Inc (ALGN)

Ariose Capital Management Ltd initiated holding in Align Technology Inc. The purchase prices were between $137.72 and $298.07, with an estimated average price of $241.25. The stock is now traded at around $214.75. The impact to a portfolio due to this purchase was 3.57%. The holding were 42,900 shares as of .

New Purchase: SPDR Gold Trust (GLD)

Ariose Capital Management Ltd initiated holding in SPDR Gold Trust. The purchase prices were between $138.04 and $157.81, with an estimated average price of $148.89. The stock is now traded at around $160.75. The impact to a portfolio due to this purchase was 3.52%. The holding were 49,600 shares as of .

New Purchase: Trip.com Group Ltd (TCOM)

Ariose Capital Management Ltd initiated holding in Trip.com Group Ltd. The purchase prices were between $21.63 and $38.94, with an estimated average price of $31.36. The stock is now traded at around $25.20. The impact to a portfolio due to this purchase was 3.28%. The holding were 291,500 shares as of .

New Purchase: iShares PHLX SOX Semiconductor Sector Index Fund (SOXX)

Ariose Capital Management Ltd initiated holding in iShares PHLX SOX Semiconductor Sector Index Fund. The purchase prices were between $177.28 and $268.7, with an estimated average price of $239.49. The stock is now traded at around $240.42. The impact to a portfolio due to this purchase was 3.2%. The holding were 32,500 shares as of .

Added: JD.com Inc (JD)

Ariose Capital Management Ltd added to a holding in JD.com Inc by 417.13%. The purchase prices were between $35.23 and $44.62, with an estimated average price of $39.92. The stock is now traded at around $46.42. The impact to a portfolio due to this purchase was 7.04%. The holding were 449,900 shares as of .

Sold Out: AstraZeneca PLC (AZN)

Ariose Capital Management Ltd sold out a holding in AstraZeneca PLC. The sale prices were between $37.79 and $51.33, with an estimated average price of $47.19.

Sold Out: BeiGene Ltd (BGNE)

Ariose Capital Management Ltd sold out a holding in BeiGene Ltd. The sale prices were between $121.84 and $173.19, with an estimated average price of $156.97.

Sold Out: Facebook Inc (FB)

Ariose Capital Management Ltd sold out a holding in Facebook Inc. The sale prices were between $146.01 and $223.23, with an estimated average price of $196.62.

Sold Out: Lockheed Martin Corp (LMT)

Ariose Capital Management Ltd sold out a holding in Lockheed Martin Corp. The sale prices were between $276.8 and $439.85, with an estimated average price of $394.42.

Sold Out: Northrop Grumman Corp (NOC)

Ariose Capital Management Ltd sold out a holding in Northrop Grumman Corp. The sale prices were between $269.86 and $384.87, with an estimated average price of $348.63.

Sold Out: Alibaba Group Holding Ltd (BABA)

Ariose Capital Management Ltd sold out a holding in Alibaba Group Holding Ltd. The sale prices were between $176.34 and $230.48, with an estimated average price of $209.23.



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