TB Alternative Assets Ltd. Buys JOYY Inc, NIO Inc, LAIX Inc, Sells Alibaba Group Holding, JOYY Inc, TAL Education Group

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Feb 03, 2020
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Hong Kong, K3, based Investment company TB Alternative Assets Ltd. (Current Portfolio) buys JOYY Inc, NIO Inc, LAIX Inc, iQIYI Inc, SINA Corp, sells Alibaba Group Holding, JOYY Inc, TAL Education Group, ZTO Express (Cayman) Inc, Tencent Music Entertainment Group during the 3-months ended 2019Q4, according to the most recent filings of the investment company, TB Alternative Assets Ltd.. As of 2019Q4, TB Alternative Assets Ltd. owns 26 stocks with a total value of $548 million. These are the details of the buys and sells.

For the details of TB Alternative Assets Ltd.'s stock buys and sells, go to https://www.gurufocus.com/guru/tb+alternative+assets+ltd./current-portfolio/portfolio

These are the top 5 holdings of TB Alternative Assets Ltd.
  1. Alibaba Group Holding Ltd (BABA) - 413,792 shares, 16.01% of the total portfolio. Shares reduced by 48.28%
  2. Yunji Inc (YJ) - 12,309,547 shares, 10.28% of the total portfolio. Shares reduced by 6.56%
  3. JOYY Inc (0YYA) - 780,720 shares, 7.52% of the total portfolio. New Position
  4. Weibo Corp (WB) - 861,720 shares, 7.28% of the total portfolio. Shares reduced by 15.26%
  5. NIO Inc (NIO) - 9,822,617 shares, 7.20% of the total portfolio. New Position
New Purchase: JOYY Inc (0YYA)

TB Alternative Assets Ltd. initiated holding in JOYY Inc. The purchase prices were between $48.21 and $59.02, with an estimated average price of $53.21. The stock is now traded at around $55.50. The impact to a portfolio due to this purchase was 7.52%. The holding were 780,720 shares as of .

New Purchase: NIO Inc (NIO)

TB Alternative Assets Ltd. initiated holding in NIO Inc. The purchase prices were between $1.39 and $4.02, with an estimated average price of $2.04. The stock is now traded at around $3.78. The impact to a portfolio due to this purchase was 7.2%. The holding were 9,822,617 shares as of .

New Purchase: LAIX Inc (LAIX)

TB Alternative Assets Ltd. initiated holding in LAIX Inc. The purchase prices were between $2.03 and $7.68, with an estimated average price of $3.54. The stock is now traded at around $4.60. The impact to a portfolio due to this purchase was 5.02%. The holding were 5,663,164 shares as of .

New Purchase: 58.com Inc (WUBA)

TB Alternative Assets Ltd. initiated holding in 58.com Inc. The purchase prices were between $48.04 and $66.88, with an estimated average price of $56.6. The stock is now traded at around $55.62. The impact to a portfolio due to this purchase was 0.64%. The holding were 54,500 shares as of .

New Purchase: SPDR S&P Oil & Gas Exploration & Production ETF (XOP)

TB Alternative Assets Ltd. initiated holding in SPDR S&P Oil & Gas Exploration & Production ETF. The purchase prices were between $20.04 and $23.79, with an estimated average price of $21.69. The stock is now traded at around $19.16. The impact to a portfolio due to this purchase was 0.59%. The holding were 137,600 shares as of .

New Purchase: Under Armour Inc (UA)

TB Alternative Assets Ltd. initiated holding in Under Armour Inc. The purchase prices were between $15.24 and $19.55, with an estimated average price of $17.62. The stock is now traded at around $17.96. The impact to a portfolio due to this purchase was 0.36%. The holding were 103,600 shares as of .

Added: iQIYI Inc (IQ)

TB Alternative Assets Ltd. added to a holding in iQIYI Inc by 235.67%. The purchase prices were between $15.69 and $21.61, with an estimated average price of $18.49. The stock is now traded at around $22.24. The impact to a portfolio due to this purchase was 4.88%. The holding were 1,804,902 shares as of .

Added: SINA Corp (SINA)

TB Alternative Assets Ltd. added to a holding in SINA Corp by 22.78%. The purchase prices were between $31.9 and $43.4, with an estimated average price of $38.31. The stock is now traded at around $38.74. The impact to a portfolio due to this purchase was 0.98%. The holding were 721,822 shares as of .

Sold Out: JOYY Inc (YY)

TB Alternative Assets Ltd. sold out a holding in JOYY Inc. The sale prices were between $52.79 and $65.37, with an estimated average price of $58.92.

Sold Out: Tencent Music Entertainment Group (TME)

TB Alternative Assets Ltd. sold out a holding in Tencent Music Entertainment Group. The sale prices were between $11.42 and $14.37, with an estimated average price of $12.82.

Sold Out: JD.com Inc (JD)

TB Alternative Assets Ltd. sold out a holding in JD.com Inc. The sale prices were between $27.73 and $36.28, with an estimated average price of $32.4.

Sold Out: Zillow Group Inc (Z)

TB Alternative Assets Ltd. sold out a holding in Zillow Group Inc. The sale prices were between $28.77 and $46.1, with an estimated average price of $37.51.

Sold Out: Amazon.com Inc (AMZN)

TB Alternative Assets Ltd. sold out a holding in Amazon.com Inc. The sale prices were between $1705.51 and $1869.8, with an estimated average price of $1771.74.

Sold Out: General Electric Co (GE)

TB Alternative Assets Ltd. sold out a holding in General Electric Co. The sale prices were between $8.28 and $11.58, with an estimated average price of $10.42.



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