Nepsis Capital Management, Inc. Buys STMicroelectronics NV, Cisco Systems, ArcelorMittal SA, Sells Nutanix, Wal-Mart Stores, Ventas

• New Purchases: STM, CSCO, MT, TWLO, CHKP, AXS,
• Added Positions: RIO, FFIV, JD, YRD, GIS, C, NLY, UL,
• Reduced Positions: VTR, BIDU, YNDX, NVDA, JNJ, VIPS, BAC, CB, AET, EXPE,
• Sold Out: NTNX, WMT, AIRG,

For the details of Nepsis Capital Management, Inc.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Nepsis+Capital+Management%2C+Inc.

1. Micron Technology Inc (MU) - 308,316 shares, 4.56% of the total portfolio. Shares reduced by 9.91%
2. Citigroup Inc (C) - 146,587 shares, 4.49% of the total portfolio. Shares added by 2.34%
3. Bank of America Corporation (BAC) - 337,786 shares, 4.08% of the total portfolio. Shares reduced by 13.24%
4. STMicroelectronics NV (STM) - 474,357 shares, 3.76% of the total portfolio. New Position
5. Chubb Ltd (CB) - 51,451 shares, 3.59% of the total portfolio. Shares reduced by 12.1%

Nepsis Capital Management, Inc. initiated holdings in STMicroelectronics NV. The purchase prices were between $10.79 and $15.88, with an estimated average price of $13.94. The stock is now traded at around $15.39. The impact to the portfolio due to this purchase was 3.76%. The holdings were 474,357 shares as of 2017-03-31.

Nepsis Capital Management, Inc. initiated holdings in Cisco Systems Inc. The purchase prices were between $29.98 and $34.44, with an estimated average price of $32.43. The stock is now traded at around $33.08. The impact to the portfolio due to this purchase was 3.26%. The holdings were 188,334 shares as of 2017-03-31.

Nepsis Capital Management, Inc. initiated holdings in ArcelorMittal SA. The purchase prices were between $7.51 and $9.29, with an estimated average price of $8.43. The stock is now traded at around $8.24. The impact to the portfolio due to this purchase was 3.24%. The holdings were 757,542 shares as of 2017-03-31.

Nepsis Capital Management, Inc. initiated holdings in Twilio Inc. The purchase prices were between $26.5 and $34.9, with an estimated average price of $30.23. The stock is now traded at around $26.93. The impact to the portfolio due to this purchase was 2.81%. The holdings were 190,311 shares as of 2017-03-31.

Nepsis Capital Management, Inc. initiated holdings in Check Point Software Technologies Ltd. The purchase prices were between $84.57 and $103.79, with an estimated average price of $98.01. The stock is now traded at around $102.60. The impact to the portfolio due to this purchase was 2.72%. The holdings were 51,762 shares as of 2017-03-31.

Nepsis Capital Management, Inc. initiated holdings in Axis Capital Holdings Ltd. The purchase prices were between $64.01 and $70.92, with an estimated average price of $67.02. The stock is now traded at around $66.70. The impact to the portfolio due to this purchase was 1.34%. The holdings were 39,101 shares as of 2017-03-31.

Nepsis Capital Management, Inc. added to the holdings in Rio Tinto PLC by 2278.88%. The purchase prices were between $38.36 and $46.65, with an estimated average price of $42.49. The stock is now traded at around $40.98. The impact to the portfolio due to this purchase was 2.85%. The holdings were 142,495 shares as of 2017-03-31.

Nepsis Capital Management, Inc. added to the holdings in F5 Networks Inc by 37.85%. The purchase prices were between $132.34 and $148.79, with an estimated average price of $142.67. The stock is now traded at around $138.30. The impact to the portfolio due to this purchase was 0.81%. The holdings were 40,218 shares as of 2017-03-31.

Nepsis Capital Management, Inc. sold out the holdings in Nutanix Inc. The sale prices were between $18.77 and $33.1, with an estimated average price of $26.85.

Nepsis Capital Management, Inc. sold out the holdings in Wal-Mart Stores Inc. The sale prices were between $65.66 and $72.39, with an estimated average price of $69.04.

Nepsis Capital Management, Inc. sold out the holdings in Airgain Inc. The sale prices were between $12.42 and $17.38, with an estimated average price of $14.86.