Nepsis Capital Management, Inc. Buys Baozun Inc, iQIYI Inc, The Kraft Heinz Co, Sells Validus Holdings, Walmart Inc, American International Group Inc

• New Purchases: BZUN, IQ, NBEV, NLY, UL,
• Added Positions: KHC, APPN, GIS, MU, RNR, STM, MT, CB, UAA, VTR,
• Reduced Positions: WMT, AIG, BAC, C, NVDA, RTN, XRF, RIO, O,
• Sold Out: VR, X, MDT, UA,

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. Baidu Inc (BIDU) - 50,906 shares, 6.18% of the total portfolio. Shares reduced by 0.59%
2. Visa Inc (V) - 67,677 shares, 4.47% of the total portfolio. Shares added by 1.48%
3. RenaissanceRe Holdings Ltd (RNR) - 73,367 shares, 4.41% of the total portfolio. Shares added by 14.55%
4. Cisco Systems Inc (CSCO) - 197,334 shares, 4.24% of the total portfolio. Shares reduced by 0.97%
5. JD.com Inc (JD) - 214,420 shares, 4.17% of the total portfolio. Shares added by 4.69%

Nepsis Capital Management, Inc. initiated holding in Baozun Inc. The purchase prices were between $43.54 and $66.33, with an estimated average price of $52.82. The stock is now traded at around $56.15. The impact to a portfolio due to this purchase was 4.08%. The holding were 149,448 shares as of 2018-06-30.

Nepsis Capital Management, Inc. initiated holding in iQIYI Inc. The purchase prices were between $15.67 and $44.2, with an estimated average price of $24.33. The stock is now traded at around $29.11. The impact to a portfolio due to this purchase was 3.83%. The holding were 237,530 shares as of 2018-06-30.

Nepsis Capital Management, Inc. initiated holding in New Age Beverages Corp. The purchase prices were between $1.7 and $2.5, with an estimated average price of $1.88. The stock is now traded at around $1.82. The impact to a portfolio due to this purchase was 1.62%. The holding were 1,739,190 shares as of 2018-06-30.

Nepsis Capital Management, Inc. initiated holding in Annaly Capital Management Inc. The purchase prices were between $10.17 and $10.68, with an estimated average price of $10.42. The stock is now traded at around $10.51. The impact to a portfolio due to this purchase was 0.3%. The holding were 58,634 shares as of 2018-06-30.

Nepsis Capital Management, Inc. initiated holding in Unilever PLC. The purchase prices were between $53.51 and $56.46, with an estimated average price of $55.23. The stock is now traded at around $56.76. The impact to a portfolio due to this purchase was 0.11%. The holding were 3,954 shares as of 2018-06-30.

Nepsis Capital Management, Inc. added to a holding in The Kraft Heinz Co by 175.39%. The purchase prices were between $54.2 and $63.32, with an estimated average price of $59.37. The stock is now traded at around $62.30. The impact to a portfolio due to this purchase was 1.67%. The holding were 83,640 shares as of 2018-06-30.

Nepsis Capital Management, Inc. added to a holding in Appian Corp by 29.56%. The purchase prices were between $25.58 and $43.06, with an estimated average price of $31.01. The stock is now traded at around $31.75. The impact to a portfolio due to this purchase was 0.76%. The holding were 184,101 shares as of 2018-06-30.

Nepsis Capital Management, Inc. added to a holding in General Mills Inc by 25.92%. The purchase prices were between $41.21 and $46.06, with an estimated average price of $43.79. The stock is now traded at around $47.10. The impact to a portfolio due to this purchase was 0.69%. The holding were 152,003 shares as of 2018-06-30.

Nepsis Capital Management, Inc. added to a holding in Micron Technology Inc by 25.91%. The purchase prices were between $45.89 and $62.62, with an estimated average price of $54.03. The stock is now traded at around $52.67. The impact to a portfolio due to this purchase was 0.67%. The holding were 124,589 shares as of 2018-06-30.

Nepsis Capital Management, Inc. added to a holding in Ventas Inc by 21.96%. The purchase prices were between $46.96 and $57.44, with an estimated average price of $52.3. The stock is now traded at around $58.01. The impact to a portfolio due to this purchase was 0.23%. The holding were 44,112 shares as of 2018-06-30.

Nepsis Capital Management, Inc. added to a holding in Exelon Corp by 26.16%. The purchase prices were between $37.76 and $42.6, with an estimated average price of $40.12. The stock is now traded at around $42.61. The impact to a portfolio due to this purchase was 0.2%. The holding were 45,793 shares as of 2018-06-30.

Nepsis Capital Management, Inc. sold out a holding in Validus Holdings Ltd. The sale prices were between $67.19 and $67.9, with an estimated average price of $67.65.

Nepsis Capital Management, Inc. sold out a holding in United States Steel Corp. The sale prices were between $32.19 and $37.7, with an estimated average price of $35.75.

Nepsis Capital Management, Inc. sold out a holding in Medtronic PLC. The sale prices were between $77.48 and $87.83, with an estimated average price of $83.48.

Nepsis Capital Management, Inc. sold out a holding in Under Armour Inc. The sale prices were between $13.99 and $22.4, with an estimated average price of $17.75.