IVA International Fund Buys Sony Corp, Ipsos SA, Rohto Pharmaceutical Co, Sells Sodexo, Toho Co, United Breweries Co Inc

• New Purchases: 6758, IPS, INCH, PINFRA L,
• Added Positions: BMW, 4527, 4689, CHDRAUIB, FENG, 005930, Q, 011040, 2678, 6406, MF,
• Reduced Positions: SW, 9602, 035250, NESN, ATE, 4503, EB5, ANTO, ARCO, SCHP, AIR, 00100, NWSA, CRTO, TOTS3, 01700, MLC, BVI, 4715, PINFRA, BOL, ODET, RBT, GMEXICO B, 00045, 8397, CBE,
• Sold Out: CCU, NWS, KIMBER A,

For the details of IVA International Fund's stock buys and sells, go to https://www.gurufocus.com/guru/iva+international+fund/current-portfolio/portfolio

1. Bureau Veritas SA (BVI) - 5,427,320 shares, 5.26% of the total portfolio. Shares reduced by 2.71%
2. Samsung Electronics Co Ltd (005930) - 2,547,942 shares, 4.14% of the total portfolio. Shares added by 1.65%
3. AIB Group PLC (AIBG) - 21,811,979 shares, 4.05% of the total portfolio.
4. Astellas Pharma Inc (4503) - 6,417,300 shares, 3.97% of the total portfolio. Shares reduced by 9.71%
5. Sodexo (SW) - 829,276 shares, 3.77% of the total portfolio. Shares reduced by 21.09%

IVA International Fund initiated holding in Sony Corp. The purchase prices were between $4616 and $5499, with an estimated average price of $5170.3. The stock is now traded at around $5387.00. The impact to a portfolio due to this purchase was 0.77%. The holding were 444,300 shares as of .

IVA International Fund initiated holding in Ipsos SA. The purchase prices were between $19.47 and $24.06, with an estimated average price of $21.9. The stock is now traded at around $23.90. The impact to a portfolio due to this purchase was 0.49%. The holding were 474,264 shares as of .

IVA International Fund initiated holding in Inchcape PLC. The purchase prices were between $5.5 and $6.13, with an estimated average price of $5.81. The stock is now traded at around $6.15. The impact to a portfolio due to this purchase was 0.09%. The holding were 303,358 shares as of .

IVA International Fund initiated holding in Promotora Y Operadora de Infraestructura SAB de CV. The purchase prices were between $118 and $129, with an estimated average price of $125.24. The stock is now traded at around $119.00. The impact to a portfolio due to this purchase was 0.07%. The holding were 268,884 shares as of .

IVA International Fund added to a holding in Rohto Pharmaceutical Co Ltd by 53.37%. The purchase prices were between $2729 and $3045, with an estimated average price of $2933.5. The stock is now traded at around $2991.00. The impact to a portfolio due to this purchase was 0.31%. The holding were 846,300 shares as of .

IVA International Fund added to a holding in Yahoo Japan Corp by 25.63%. The purchase prices were between $266 and $327, with an estimated average price of $293.19. The stock is now traded at around $314.00. The impact to a portfolio due to this purchase was 0.21%. The holding were 10,284,200 shares as of .

IVA International Fund added to a holding in Phoenix New Media Ltd by 25.92%. The purchase prices were between $3.09 and $4.84, with an estimated average price of $3.77. The stock is now traded at around $3.54. The impact to a portfolio due to this purchase was 0.13%. The holding were 3,565,147 shares as of .

IVA International Fund sold out a holding in United Breweries Co Inc. The sale prices were between $25.13 and $29.46, with an estimated average price of $27.83.

IVA International Fund sold out a holding in News Corp. The sale prices were between $11.46 and $13.56, with an estimated average price of $12.74.

IVA International Fund sold out a holding in Kimberly - Clark de Mexico SAB de CV. The sale prices were between $30.38 and $33.92, with an estimated average price of $31.72.

IVA International Fund reduced to a holding in Sodexo by 21.09%. The sale prices were between $87.1 and $101, with an estimated average price of $94.77. The stock is now traded at around $104.40. The impact to a portfolio due to this sale was -0.96%. IVA International Fund still held 829,276 shares as of .

IVA International Fund reduced to a holding in Toho Co Ltd by 66.99%. The sale prices were between $3840 and $4445, with an estimated average price of $4073.52. The stock is now traded at around $4785.00. The impact to a portfolio due to this sale was -0.94%. IVA International Fund still held 303,800 shares as of .

IVA International Fund reduced to a holding in Alten by 45.79%. The sale prices were between $70.25 and $95.6, with an estimated average price of $86.08. The stock is now traded at around $98.25. The impact to a portfolio due to this sale was -0.44%. IVA International Fund still held 146,146 shares as of .

IVA International Fund reduced to a holding in Antofagasta PLC by 23.79%. The sale prices were between $7.38 and $9.77, with an estimated average price of $8.84. The stock is now traded at around $8.34. The impact to a portfolio due to this sale was -0.3%. IVA International Fund still held 2,263,941 shares as of .

IVA International Fund reduced to a holding in Arcos Dorados Holdings Inc by 27.25%. The sale prices were between $6.87 and $9.17, with an estimated average price of $8.35. The stock is now traded at around $6.65. The impact to a portfolio due to this sale was -0.27%. IVA International Fund still held 2,155,481 shares as of .

IVA International Fund reduced to a holding in Seche Environnement SA by 72.81%. The sale prices were between $26.5 and $30.4, with an estimated average price of $28.85. The stock is now traded at around $37.50. The impact to a portfolio due to this sale was -0.27%. IVA International Fund still held 77,154 shares as of .