GVO Asset Management Ltd Buys Applied Materials Inc, Charter Communications Inc, Adobe Systems Inc, Sells Visa Inc, Comcast Corp, JPMorgan Chase

• New Purchases: AMAT, ADBE, FOXA, BABA, FB, ATVI, PX, TSLA, UBNT, NFLX,
• Added Positions: CHTR, BX, KKR, BXMT,
• Reduced Positions: V, SYK, BAC, SPGI, MSFT, NKE, LUV, ALK, MNK,
• Sold Out: CMCSA, JPM, RH,

For the details of GVO Asset Management Ltd's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=GVO+Asset+Management+Ltd

1. Blackstone Group LP (BX) - 1,662,990 shares, 13.12% of the total portfolio. Shares added by 20.98%
2. Blackstone Mortgage Trust Inc (BXMT) - 1,675,094 shares, 13% of the total portfolio. Shares added by 10.63%
3. Stryker Corp (SYK) - 178,815 shares, 7.11% of the total portfolio. Shares reduced by 34.86%
4. Visa Inc (V) - 219,480 shares, 6.48% of the total portfolio. Shares reduced by 60.35%
5. KKR & Co LP (KKR) - 1,239,126 shares, 6.21% of the total portfolio. Shares added by 56.43%

GVO Asset Management Ltd initiated holding in Applied Materials Inc. The purchase prices were between $45.75 and $61.61, with an estimated average price of $55.67. The stock is now traded at around $55.38. The impact to a portfolio due to this purchase was 5.31%. The holding were 386,250 shares as of 2018-03-31.

GVO Asset Management Ltd initiated holding in Adobe Systems Inc. The purchase prices were between $177.7 and $229.75, with an estimated average price of $203.33. The stock is now traded at around $240.85. The impact to a portfolio due to this purchase was 2.47%. The holding were 46,350 shares as of 2018-03-31.

GVO Asset Management Ltd initiated holding in Twenty-First Century Fox Inc. The purchase prices were between $34.56 and $38.81, with an estimated average price of $36.92. The stock is now traded at around $37.71. The impact to a portfolio due to this purchase was 2.47%. The holding were 272,200 shares as of 2018-03-31.

GVO Asset Management Ltd initiated holding in Alibaba Group Holding Ltd. The purchase prices were between $173.7 and $205.22, with an estimated average price of $188.29. The stock is now traded at around $199.92. The impact to a portfolio due to this purchase was 2.42%. The holding were 53,350 shares as of 2018-03-31.

GVO Asset Management Ltd initiated holding in Facebook Inc. The purchase prices were between $152.22 and $193.09, with an estimated average price of $179.55. The stock is now traded at around $187.00. The impact to a portfolio due to this purchase was 2.39%. The holding were 60,600 shares as of 2018-03-31.

GVO Asset Management Ltd initiated holding in Activision Blizzard Inc. The purchase prices were between $64.31 and $78.22, with an estimated average price of $70.59. The stock is now traded at around $71.33. The impact to a portfolio due to this purchase was 2.36%. The holding were 141,400 shares as of 2018-03-31.

GVO Asset Management Ltd added to a holding in Charter Communications Inc by 153.34%. The purchase prices were between $306.26 and $387.5, with an estimated average price of $351.59. The stock is now traded at around $274.89. The impact to a portfolio due to this purchase was 3.61%. The holding were 77,650 shares as of 2018-03-31.

GVO Asset Management Ltd added to a holding in Blackstone Group LP by 20.98%. The purchase prices were between $31.52 and $36.78, with an estimated average price of $34.09. The stock is now traded at around $31.20. The impact to a portfolio due to this purchase was 2.28%. The holding were 1,662,990 shares as of 2018-03-31.

GVO Asset Management Ltd added to a holding in KKR & Co LP by 56.43%. The purchase prices were between $20.2 and $24.41, with an estimated average price of $22.22. The stock is now traded at around $21.53. The impact to a portfolio due to this purchase was 2.24%. The holding were 1,239,126 shares as of 2018-03-31.

GVO Asset Management Ltd sold out a holding in Comcast Corp. The sale prices were between $32.99 and $42.99, with an estimated average price of $38.79.

GVO Asset Management Ltd sold out a holding in JPMorgan Chase & Co. The sale prices were between $107.01 and $118.77, with an estimated average price of $113.23.

GVO Asset Management Ltd sold out a holding in RH. The sale prices were between $75.31 and $104.56, with an estimated average price of $88.69.

GVO Asset Management Ltd reduced to a holding in Visa Inc by 60.35%. The sale prices were between $113.86 and $126.32, with an estimated average price of $121.2. The stock is now traded at around $131.67. The impact to a portfolio due to this sale was -8.79%. GVO Asset Management Ltd still held 219,480 shares as of 2018-03-31.

GVO Asset Management Ltd reduced to a holding in Stryker Corp by 34.86%. The sale prices were between $148.01 and $168.91, with an estimated average price of $161.16. The stock is now traded at around $168.83. The impact to a portfolio due to this sale was -3.42%. GVO Asset Management Ltd still held 178,815 shares as of 2018-03-31.

GVO Asset Management Ltd reduced to a holding in Bank of America Corporation by 34.05%. The sale prices were between $29.17 and $32.84, with an estimated average price of $31.39. The stock is now traded at around $31.08. The impact to a portfolio due to this sale was -2.82%. GVO Asset Management Ltd still held 802,718 shares as of 2018-03-31.

GVO Asset Management Ltd reduced to a holding in S&P Global Inc by 36.12%. The sale prices were between $166.36 and $195.96, with an estimated average price of $184.58. The stock is now traded at around $198.26. The impact to a portfolio due to this sale was -2.77%. GVO Asset Management Ltd still held 125,615 shares as of 2018-03-31.

GVO Asset Management Ltd reduced to a holding in Microsoft Corp by 31.3%. The sale prices were between $85.01 and $96.77, with an estimated average price of $91.45. The stock is now traded at around $98.05. The impact to a portfolio due to this sale was -2.21%. GVO Asset Management Ltd still held 245,645 shares as of 2018-03-31.

GVO Asset Management Ltd reduced to a holding in Nike Inc by 23.57%. The sale prices were between $62.49 and $69.65, with an estimated average price of $65.99. The stock is now traded at around $68.56. The impact to a portfolio due to this sale was -1.09%. GVO Asset Management Ltd still held 244,860 shares as of 2018-03-31.