Yong Rong (HK) Asset Management Ltd Buys Delta Air Lines Inc, United Airlines Holdings Inc, Novagold Resources Inc, Sells Advanced Micro Devices Inc, Twitter Inc, Luckin Coffee Inc

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Apr 28, 2020
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Investment company Yong Rong (HK) Asset Management Ltd (Current Portfolio) buys Delta Air Lines Inc, United Airlines Holdings Inc, Novagold Resources Inc, Boeing Co, VanEck Vectors Gold Miners, sells Advanced Micro Devices Inc, Twitter Inc, Luckin Coffee Inc, Uber Technologies Inc, Futu Holdings during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Yong Rong (HK) Asset Management Ltd. As of 2020Q1, Yong Rong (HK) Asset Management Ltd owns 10 stocks with a total value of $61 million. These are the details of the buys and sells.

For the details of Yong Rong (HK) Asset Management Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/yong+rong+%28hk%29+asset+management+ltd/current-portfolio/portfolio

These are the top 5 holdings of Yong Rong (HK) Asset Management Ltd
  1. Xunlei Ltd (XNET) - 9,879,662 shares, 53.70% of the total portfolio. Shares added by 15.94%
  2. Novagold Resources Inc (NG) - 7,380,000 shares, 12.16% of the total portfolio. Shares added by 1579.62%
  3. Delta Air Lines Inc (DAL) - 250,000 shares, 11.75% of the total portfolio. New Position
  4. United Airlines Holdings Inc (UAL) - 225,000 shares, 11.69% of the total portfolio. New Position
  5. Boeing Co (BA) - 28,000 shares, 6.88% of the total portfolio. New Position
New Purchase: Delta Air Lines Inc (DAL)

Yong Rong (HK) Asset Management Ltd initiated holding in Delta Air Lines Inc. The purchase prices were between $21.35 and $62.03, with an estimated average price of $50.04. The stock is now traded at around $22.16. The impact to a portfolio due to this purchase was 11.75%. The holding were 250,000 shares as of .

New Purchase: United Airlines Holdings Inc (UAL)

Yong Rong (HK) Asset Management Ltd initiated holding in United Airlines Holdings Inc. The purchase prices were between $21.28 and $89.74, with an estimated average price of $67.03. The stock is now traded at around $25.00. The impact to a portfolio due to this purchase was 11.69%. The holding were 225,000 shares as of .

New Purchase: Boeing Co (BA)

Yong Rong (HK) Asset Management Ltd initiated holding in Boeing Co. The purchase prices were between $95.01 and $347.45, with an estimated average price of $276.34. The stock is now traded at around $128.68. The impact to a portfolio due to this purchase was 6.88%. The holding were 28,000 shares as of .

New Purchase: VanEck Vectors Gold Miners (GDX)

Yong Rong (HK) Asset Management Ltd initiated holding in VanEck Vectors Gold Miners. The purchase prices were between $19 and $31.05, with an estimated average price of $27.36. The stock is now traded at around $33.79. The impact to a portfolio due to this purchase was 1.65%. The holding were 23,040,000 shares as of .

New Purchase: Puxin Ltd (NEW)

Yong Rong (HK) Asset Management Ltd initiated holding in Puxin Ltd. The purchase prices were between $4.28 and $10.55, with an estimated average price of $7.66. The stock is now traded at around $4.44. The impact to a portfolio due to this purchase was 0.56%. The holding were 80,000 shares as of .

New Purchase: STORE Capital Corp (STOR)

Yong Rong (HK) Asset Management Ltd initiated holding in STORE Capital Corp. The purchase prices were between $15.26 and $40.05, with an estimated average price of $33.26. The stock is now traded at around $17.04. The impact to a portfolio due to this purchase was 0.3%. The holding were 10,000 shares as of .

Added: Novagold Resources Inc (NG)

Yong Rong (HK) Asset Management Ltd added to a holding in Novagold Resources Inc by 1579.62%. The purchase prices were between $5.87 and $9.51, with an estimated average price of $8.56. The stock is now traded at around $11.96. The impact to a portfolio due to this purchase was 11.44%. The holding were 7,380,000 shares as of .

Sold Out: Advanced Micro Devices Inc (AMD)

Yong Rong (HK) Asset Management Ltd sold out a holding in Advanced Micro Devices Inc. The sale prices were between $38.71 and $58.9, with an estimated average price of $48.29.

Sold Out: Twitter Inc (TWTR)

Yong Rong (HK) Asset Management Ltd sold out a holding in Twitter Inc. The sale prices were between $22 and $39.05, with an estimated average price of $32.44.

Sold Out: Luckin Coffee Inc (LK)

Yong Rong (HK) Asset Management Ltd sold out a holding in Luckin Coffee Inc. The sale prices were between $23.84 and $50.02, with an estimated average price of $37.09.

Sold Out: Facebook Inc (FB)

Yong Rong (HK) Asset Management Ltd sold out a holding in Facebook Inc. The sale prices were between $146.01 and $223.23, with an estimated average price of $196.62.



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