ARGA Investment Management, LP Buys NXP Semiconductors NV, ICICI Bank, Coca-Cola Femsa SAB de CV, Sells Baidu Inc, Infosys, Petroleo Brasileiro SA Petrobras

• New Purchases: NXPI, KT, BAC,
• Added Positions: IBN, KOF, NEM, BP, MYL, SSL, DXC, AIG, JNJ, STT,
• Reduced Positions: BIDU, INFY, SIMO, RNR, CNDT, DHR, MSFT, AAP, C, ETR,
• Sold Out: PBR, SIG, SYNT, PRSP,

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

1. ICICI Bank Ltd (IBN) - 16,616,460 shares, 19.8% of the total portfolio. Shares added by 21.30%
2. BP PLC (BP) - 2,589,100 shares, 16.75% of the total portfolio. Shares added by 1.24%
3. NXP Semiconductors NV (NXPI) - 1,136,375 shares, 13.64% of the total portfolio. New Position
4. Silicon Motion Technology Corp (SIMO) - 1,746,731 shares, 13.16% of the total portfolio. Shares reduced by 17.01%
5. RenaissanceRe Holdings Ltd (RNR) - 471,541 shares, 8.84% of the total portfolio. Shares reduced by 18.44%

ARGA Investment Management, LP initiated holding in NXP Semiconductors NV. The purchase prices were between $85.29 and $110.36, with an estimated average price of $96.04. The stock is now traded at around $75.61. The impact to a portfolio due to this purchase was 13.64%. The holding were 1,136,375 shares as of 2018-09-30.

ARGA Investment Management, LP initiated holding in KT Corp. The purchase prices were between $12.75 and $14.85, with an estimated average price of $13.67. The stock is now traded at around $13.94. The impact to a portfolio due to this purchase was 1.55%. The holding were 744,909 shares as of 2018-09-30.

ARGA Investment Management, LP initiated holding in Bank of America Corporation. The purchase prices were between $27.78 and $31.8, with an estimated average price of $30.46. The stock is now traded at around $27.35. The impact to a portfolio due to this purchase was 0.17%. The holding were 41,400 shares as of 2018-09-30.

ARGA Investment Management, LP added to a holding in ICICI Bank Ltd by 21.30%. The purchase prices were between $7.72 and $9.77, with an estimated average price of $8.84. The stock is now traded at around $9.48. The impact to a portfolio due to this purchase was 3.48%. The holding were 16,616,460 shares as of 2018-09-30.

ARGA Investment Management, LP added to a holding in Coca-Cola Femsa SAB de CV by 109.77%. The purchase prices were between $54.98 and $63.54, with an estimated average price of $60.89. The stock is now traded at around $57.55. The impact to a portfolio due to this purchase was 2.04%. The holding were 452,227 shares as of 2018-09-30.

ARGA Investment Management, LP added to a holding in Newmont Mining Corp by 250.05%. The purchase prices were between $29.63 and $38.43, with an estimated average price of $33.84. The stock is now traded at around $30.51. The impact to a portfolio due to this purchase was 0.27%. The holding were 89,875 shares as of 2018-09-30.

ARGA Investment Management, LP added to a holding in Mylan NV by 31.70%. The purchase prices were between $35.53 and $39.48, with an estimated average price of $37.54. The stock is now traded at around $31.51. The impact to a portfolio due to this purchase was 0.18%. The holding were 147,600 shares as of 2018-09-30.

ARGA Investment Management, LP added to a holding in DXC Technology Co by 44.72%. The purchase prices were between $82 and $96.38, with an estimated average price of $88.49. The stock is now traded at around $72.60. The impact to a portfolio due to this purchase was 0.13%. The holding were 30,915 shares as of 2018-09-30.

ARGA Investment Management, LP added to a holding in Johnson & Johnson by 21.33%. The purchase prices were between $121.58 and $142.88, with an estimated average price of $132.89. The stock is now traded at around $140.97. The impact to a portfolio due to this purchase was 0.09%. The holding were 27,725 shares as of 2018-09-30.

ARGA Investment Management, LP sold out a holding in Petroleo Brasileiro SA Petrobras. The sale prices were between $10.07 and $12.53, with an estimated average price of $11.09.

ARGA Investment Management, LP sold out a holding in Signet Jewelers Ltd. The sale prices were between $54.65 and $67.68, with an estimated average price of $61.6.

ARGA Investment Management, LP sold out a holding in Syntel Inc. The sale prices were between $34.46 and $40.98, with an estimated average price of $40.01.

ARGA Investment Management, LP sold out a holding in Perspecta Inc. The sale prices were between $21.38 and $25.82, with an estimated average price of $23.33.