Horseman Capital Management Ltd Buys SPDR Gold Trust, Barrick Gold Corp, Luckin Coffee Inc, Sells CF Industries Holdings Inc, Nutrien, iPath Series B S&P 500 VIX Short-Term Futures ETN

• New Purchases: GLD, GOLD, KL, TVIX, KGC, SNX,
• Added Positions: LK, BMY, NTES, NFLX,
• Reduced Positions: FB, GOOGL, AMZN, BABA, JPM, MSFT,
• Sold Out: CF, NTR, VXX, TSLA, MS, PEP, NVDA, SBLK, BKNG, DIS, GNK, USB, TWTR, AAPL,

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

1. SPDR Gold Trust (GLD) - 51,000 shares, 11.32% of the total portfolio. New Position
2. Barrick Gold Corp (GOLD) - 270,000 shares, 7.41% of the total portfolio. New Position
3. Luckin Coffee Inc (LK) - 150,000 shares, 6.11% of the total portfolio. Shares added by 305.41%
4. Petroleo Brasileiro SA Petrobras (PBR) - 636,600 shares, 5.25% of the total portfolio.
5. Kirkland Lake Gold Ltd (KL) - 100,000 shares, 4.44% of the total portfolio. New Position

Horseman 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 $164.06. The impact to a portfolio due to this purchase was 11.32%. The holding were 51,000 shares as of .

Horseman Capital Management Ltd initiated holding in Barrick Gold Corp. The purchase prices were between $15.67 and $22.03, with an estimated average price of $18.74. The stock is now traded at around $27.61. The impact to a portfolio due to this purchase was 7.41%. The holding were 270,000 shares as of .

Horseman Capital Management Ltd initiated holding in Kirkland Lake Gold Ltd. The purchase prices were between $23.1 and $45.12, with an estimated average price of $36.83. The stock is now traded at around $40.59. The impact to a portfolio due to this purchase was 4.44%. The holding were 100,000 shares as of .

Horseman Capital Management Ltd initiated holding in VelocityShares Daily 2x VIX Short-Term ETN. The purchase prices were between $38.56 and $806.36, with an estimated average price of $145.91. The stock is now traded at around $197.99. The impact to a portfolio due to this purchase was 3.29%. The holding were 7,000 shares as of .

Horseman Capital Management Ltd initiated holding in Kinross Gold Corp. The purchase prices were between $3.47 and $5.96, with an estimated average price of $4.83. The stock is now traded at around $7.35. The impact to a portfolio due to this purchase was 2.27%. The holding were 380,000 shares as of .

Horseman Capital Management Ltd initiated holding in Synnex Corp. The purchase prices were between $65.97 and $150.13, with an estimated average price of $123.43. The stock is now traded at around $88.30. The impact to a portfolio due to this purchase was 0.77%. The holding were 7,000 shares as of .

Horseman Capital Management Ltd added to a holding in Luckin Coffee Inc by 305.41%. The purchase prices were between $23.84 and $50.02, with an estimated average price of $37.09. The stock is now traded at around $4.39. The impact to a portfolio due to this purchase was 4.6%. The holding were 150,000 shares as of .

Horseman Capital Management Ltd added to a holding in Bristol-Myers Squibb Company by 47.37%. The purchase prices were between $46.4 and $67.43, with an estimated average price of $61.34. The stock is now traded at around $64.35. The impact to a portfolio due to this purchase was 0.75%. The holding were 28,000 shares as of .

Horseman Capital Management Ltd added to a holding in NetEase Inc by 37.50%. The purchase prices were between $270.43 and $356.78, with an estimated average price of $329.24. The stock is now traded at around $370.75. The impact to a portfolio due to this purchase was 0.72%. The holding were 5,500 shares as of .

Horseman Capital Management Ltd added to a holding in Netflix Inc by 24.24%. The purchase prices were between $298.84 and $387.78, with an estimated average price of $353.51. The stock is now traded at around $437.71. The impact to a portfolio due to this purchase was 0.45%. The holding were 4,100 shares as of .

Horseman Capital Management Ltd sold out a holding in CF Industries Holdings Inc. The sale prices were between $21.14 and $47.74, with an estimated average price of $37.46.

Horseman Capital Management Ltd sold out a holding in Nutrien Ltd. The sale prices were between $25.1 and $48.35, with an estimated average price of $40.27.

Horseman Capital Management Ltd sold out a holding in iPath Series B S&P 500 VIX Short-Term Futures ETN. The sale prices were between $13.29 and $69, with an estimated average price of $24.34.

Horseman Capital Management Ltd sold out a holding in Tesla Inc. The sale prices were between $361.22 and $917.42, with an estimated average price of $619.73.

Horseman Capital Management Ltd sold out a holding in Morgan Stanley. The sale prices were between $27.81 and $57.51, with an estimated average price of $47.45.

Horseman Capital Management Ltd sold out a holding in PepsiCo Inc. The sale prices were between $103.93 and $146.99, with an estimated average price of $135.44.