Ovata Capital Management Ltd Buys Alibaba Group Holding, HDFC Bank, New Frontier Health Corp, Sells China Mobile, Takeda Pharmaceutical Co, Sony Corp

Author's Avatar
May 15, 2020
Article's Main Image
Investment company Ovata Capital Management Ltd (Current Portfolio) buys Alibaba Group Holding, HDFC Bank, New Frontier Health Corp, Liberty SiriusXM Group, NVIDIA Corp, sells China Mobile, Takeda Pharmaceutical Co, Sony Corp, GSX Techedu Inc, Tencent Holdings during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Ovata Capital Management Ltd. As of 2020Q1, Ovata Capital Management Ltd owns 32 stocks with a total value of $151 million. These are the details of the buys and sells.

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

These are the top 5 holdings of Ovata Capital Management Ltd
  1. Alibaba Group Holding Ltd (BABA) - 291,349 shares, 36.57% of the total portfolio. New Position
  2. Amazon.com Inc (AMZN) - 5,000 shares, 6.47% of the total portfolio. Shares added by 47.06%
  3. 360 Finance Inc (QFIN) - 1,124,892 shares, 5.97% of the total portfolio. Shares added by 12.49%
  4. HDFC Bank Ltd (HDB) - 225,000 shares, 5.56% of the total portfolio. New Position
  5. NVIDIA Corp (NVDA) - 30,000 shares, 5.25% of the total portfolio. Shares added by 172.73%
New Purchase: Alibaba Group Holding Ltd (BABA)

Ovata Capital Management Ltd initiated holding in Alibaba Group Holding Ltd. The purchase prices were between $176.34 and $230.48, with an estimated average price of $209.23. The stock is now traded at around $201.30. The impact to a portfolio due to this purchase was 36.57%. The holding were 291,349 shares as of .

New Purchase: HDFC Bank Ltd (HDB)

Ovata Capital Management Ltd initiated holding in HDFC Bank Ltd. 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 $37.59. The impact to a portfolio due to this purchase was 5.56%. The holding were 225,000 shares as of .

New Purchase: New Frontier Health Corp (NFH)

Ovata Capital Management Ltd initiated holding in New Frontier Health Corp. The purchase prices were between $7.19 and $10, with an estimated average price of $9.11. The stock is now traded at around $8.06. The impact to a portfolio due to this purchase was 4.22%. The holding were 770,284 shares as of .

New Purchase: Liberty SiriusXM Group (LSXMK)

Ovata Capital Management Ltd initiated holding in Liberty SiriusXM Group. The purchase prices were between $24.74 and $51.14, with an estimated average price of $44.24. The stock is now traded at around $30.57. The impact to a portfolio due to this purchase was 3.78%. The holding were 180,000 shares as of .

New Purchase: Apple Inc (AAPL)

Ovata Capital Management Ltd initiated holding in Apple Inc. The purchase prices were between $224.37 and $327.2, with an estimated average price of $295.01. The stock is now traded at around $309.54. The impact to a portfolio due to this purchase was 3.04%. The holding were 18,000 shares as of .

New Purchase: Spotify Technology SA (SPOT)

Ovata Capital Management Ltd initiated holding in Spotify Technology SA. The purchase prices were between $117.64 and $158.78, with an estimated average price of $141.78. The stock is now traded at around $152.07. The impact to a portfolio due to this purchase was 2.82%. The holding were 35,000 shares as of .

Added: NVIDIA Corp (NVDA)

Ovata Capital Management Ltd added to a holding in NVIDIA Corp by 172.73%. 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 $321.22. The impact to a portfolio due to this purchase was 3.33%. The holding were 30,000 shares as of .

Added: Visa Inc (V)

Ovata Capital Management Ltd added to a holding in Visa Inc by 980.00%. The purchase prices were between $135.74 and $213.31, with an estimated average price of $188.96. The stock is now traded at around $180.90. The impact to a portfolio due to this purchase was 2.62%. The holding were 27,000 shares as of .

Added: Infosys Ltd (INFY)

Ovata Capital Management Ltd added to a holding in Infosys Ltd by 275.24%. 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 $8.68. The impact to a portfolio due to this purchase was 2.33%. The holding were 562,862 shares as of .

Added: Amazon.com Inc (AMZN)

Ovata Capital Management Ltd added to a holding in Amazon.com Inc by 47.06%. The purchase prices were between $1676.61 and $2170.22, with an estimated average price of $1936.38. The stock is now traded at around $2388.85. The impact to a portfolio due to this purchase was 2.07%. The holding were 5,000 shares as of .

Added: Microsoft Corp (MSFT)

Ovata Capital Management Ltd added to a holding in Microsoft Corp by 59.70%. The purchase prices were between $135.42 and $188.7, with an estimated average price of $164.71. The stock is now traded at around $180.53. The impact to a portfolio due to this purchase was 0.42%. The holding were 10,700 shares as of .

Sold Out: China Mobile Ltd (CHL)

Ovata Capital Management Ltd sold out a holding in China Mobile Ltd. The sale prices were between $31.3 and $44.79, with an estimated average price of $40.3.

Sold Out: GSX Techedu Inc (GSX)

Ovata Capital Management Ltd sold out a holding in GSX Techedu Inc. The sale prices were between $21.86 and $45.42, with an estimated average price of $36.59.

Sold Out: Tencent Holdings Ltd (TCEHY)

Ovata Capital Management Ltd sold out a holding in Tencent Holdings Ltd. The sale prices were between $42.06 and $53.52, with an estimated average price of $49.68.

Sold Out: NXP Semiconductors NV (NXPI)

Ovata Capital Management Ltd sold out a holding in NXP Semiconductors NV. The sale prices were between $64.56 and $138.69, with an estimated average price of $117.93.

Sold Out: Qudian Inc (QD)

Ovata Capital Management Ltd sold out a holding in Qudian Inc. The sale prices were between $1.35 and $5.05, with an estimated average price of $2.84.

Sold Out: Chegg Inc (CHGG)

Ovata Capital Management Ltd sold out a holding in Chegg Inc. The sale prices were between $27.71 and $44.61, with an estimated average price of $39.12.



Here is the complete portfolio of Ovata Capital Management Ltd. Also check out:

1. Ovata Capital Management Ltd's Undervalued Stocks
2. Ovata Capital Management Ltd's Top Growth Companies, and
3. Ovata Capital Management Ltd's High Yield stocks
4. Stocks that Ovata Capital Management Ltd keeps buying