Pinpoint Asset Management Ltd Buys GSX Techedu Inc, Western Digital Corp, Starbucks Corp, Sells Alibaba Group Holding, New Oriental Education & Technology Group Inc, GoDaddy Inc

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May 13, 2020
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Investment company Pinpoint Asset Management Ltd (Current Portfolio) buys GSX Techedu Inc, Western Digital Corp, Starbucks Corp, Microsoft Corp, Amazon.com Inc, sells Alibaba Group Holding, New Oriental Education & Technology Group Inc, GoDaddy Inc, Advanced Micro Devices Inc, ASML Holding NV during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Pinpoint Asset Management Ltd. As of 2020Q1, Pinpoint Asset Management Ltd owns 38 stocks with a total value of $331 million. These are the details of the buys and sells.

For the details of Pinpoint Asset Management Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/pinpoint+asset+management+ltd/current-portfolio/portfolio

These are the top 5 holdings of Pinpoint Asset Management Ltd
  1. TAL Education Group (TAL) - 1,567,094 shares, 25.23% of the total portfolio. Shares added by 2.34%
  2. Alibaba Group Holding Ltd (BABA) - 296,434 shares, 17.42% of the total portfolio. Shares reduced by 58.22%
  3. ZTO Express (Cayman) Inc (ZTO) - 1,959,802 shares, 15.68% of the total portfolio. Shares added by 9.16%
  4. GSX Techedu Inc (GSX) - 505,886 shares, 6.48% of the total portfolio. New Position
  5. Western Digital Corp (WDC) - 272,600 shares, 3.43% of the total portfolio. Shares added by 578.11%
New Purchase: GSX Techedu Inc (GSX)

Pinpoint Asset Management Ltd initiated holding in GSX Techedu Inc. The purchase prices were between $21.86 and $45.42, with an estimated average price of $36.59. The stock is now traded at around $38.32. The impact to a portfolio due to this purchase was 6.48%. The holding were 505,886 shares as of .

New Purchase: Starbucks Corp (SBUX)

Pinpoint Asset Management Ltd initiated holding in Starbucks Corp. The purchase prices were between $56.33 and $93.75, with an estimated average price of $81.31. The stock is now traded at around $73.72. The impact to a portfolio due to this purchase was 1.91%. The holding were 96,100 shares as of .

New Purchase: Microsoft Corp (MSFT)

Pinpoint Asset Management Ltd initiated holding in Microsoft Corp. The purchase prices were between $135.42 and $188.7, with an estimated average price of $164.71. The stock is now traded at around $179.46. The impact to a portfolio due to this purchase was 1.67%. The holding were 35,000 shares as of .

New Purchase: Amazon.com Inc (AMZN)

Pinpoint Asset Management Ltd initiated holding in Amazon.com Inc. The purchase prices were between $1676.61 and $2170.22, with an estimated average price of $1936.38. The stock is now traded at around $2366.90. The impact to a portfolio due to this purchase was 1.65%. The holding were 2,800 shares as of .

New Purchase: Netflix Inc (NFLX)

Pinpoint Asset Management Ltd initiated holding in Netflix Inc. The purchase prices were between $298.84 and $387.78, with an estimated average price of $353.51. The stock is now traded at around $436.08. The impact to a portfolio due to this purchase was 1.37%. The holding were 12,106 shares as of .

New Purchase: MGM Resorts International (MGM)

Pinpoint Asset Management Ltd initiated holding in MGM Resorts International. The purchase prices were between $7.14 and $34.54, with an estimated average price of $26.07. The stock is now traded at around $12.91. The impact to a portfolio due to this purchase was 1.35%. The holding were 379,800 shares as of .

Added: Western Digital Corp (WDC)

Pinpoint Asset Management Ltd added to a holding in Western Digital Corp by 578.11%. The purchase prices were between $29.19 and $70.93, with an estimated average price of $58.98. The stock is now traded at around $39.13. The impact to a portfolio due to this purchase was 2.92%. The holding were 272,600 shares as of .

Added: Daqo New Energy Corp (DQ)

Pinpoint Asset Management Ltd added to a holding in Daqo New Energy Corp by 289.60%. The purchase prices were between $42.83 and $77.64, with an estimated average price of $58.68. The stock is now traded at around $50.30. The impact to a portfolio due to this purchase was 1.49%. The holding were 114,877 shares as of .

Added: NVIDIA Corp (NVDA)

Pinpoint Asset Management Ltd added to a holding in NVIDIA Corp by 326.79%. The purchase prices were between $196.4 and $314.7, with an estimated average price of $252.63. The stock is now traded at around $311.59. The impact to a portfolio due to this purchase was 1.45%. The holding were 23,900 shares as of .

Added: Apple Inc (AAPL)

Pinpoint Asset Management Ltd added to a holding in Apple Inc by 378.72%. The purchase prices were between $224.37 and $327.2, with an estimated average price of $295.01. The stock is now traded at around $309.33. The impact to a portfolio due to this purchase was 1.37%. The holding were 22,500 shares as of .

Added: Melco Resorts and Entertainment Ltd (MLCO)

Pinpoint Asset Management Ltd added to a holding in Melco Resorts and Entertainment Ltd by 126.02%. The purchase prices were between $12.26 and $25.13, with an estimated average price of $19.32. The stock is now traded at around $15.03. The impact to a portfolio due to this purchase was 0.81%. The holding were 388,301 shares as of .

Added: The Walt Disney Co (DIS)

Pinpoint Asset Management Ltd added to a holding in The Walt Disney Co by 171.33%. The purchase prices were between $85.76 and $148.2, with an estimated average price of $127.19. The stock is now traded at around $101.96. The impact to a portfolio due to this purchase was 0.75%. The holding were 40,700 shares as of .

Sold Out: GoDaddy Inc (GDDY)

Pinpoint Asset Management Ltd sold out a holding in GoDaddy Inc. The sale prices were between $41.92 and $78.39, with an estimated average price of $66.48.

Sold Out: ASML Holding NV (ASML)

Pinpoint Asset Management Ltd sold out a holding in ASML Holding NV. The sale prices were between $196.99 and $317.44, with an estimated average price of $285.42.

Sold Out: Telefonaktiebolaget L M Ericsson (ERIC)

Pinpoint Asset Management Ltd sold out a holding in Telefonaktiebolaget L M Ericsson. The sale prices were between $6.17 and $9.21, with an estimated average price of $8.21.

Sold Out: Lumentum Holdings Inc (LITE)

Pinpoint Asset Management Ltd sold out a holding in Lumentum Holdings Inc. The sale prices were between $62.14 and $92.85, with an estimated average price of $78.81.

Sold Out: Broadcom Inc (AVGO)

Pinpoint Asset Management Ltd sold out a holding in Broadcom Inc. The sale prices were between $167.87 and $324.7, with an estimated average price of $283.21.

Sold Out: Qualcomm Inc (QCOM)

Pinpoint Asset Management Ltd sold out a holding in Qualcomm Inc. The sale prices were between $60.91 and $95.91, with an estimated average price of $82.41.

Reduced: Alibaba Group Holding Ltd (BABA)

Pinpoint Asset Management Ltd reduced to a holding in Alibaba Group Holding Ltd by 58.22%. The sale prices were between $176.34 and $230.48, with an estimated average price of $209.23. The stock is now traded at around $200.03. The impact to a portfolio due to this sale was -22.46%. Pinpoint Asset Management Ltd still held 296,434 shares as of .

Reduced: New Oriental Education & Technology Group Inc (EDU)

Pinpoint Asset Management Ltd reduced to a holding in New Oriental Education & Technology Group Inc by 85.55%. The sale prices were between $103.85 and $141.76, with an estimated average price of $128.59. The stock is now traded at around $120.91. The impact to a portfolio due to this sale was -16.68%. Pinpoint Asset Management Ltd still held 96,746 shares as of .

Reduced: Advanced Micro Devices Inc (AMD)

Pinpoint Asset Management Ltd reduced to a holding in Advanced Micro Devices Inc by 71.13%. The sale prices were between $38.71 and $58.9, with an estimated average price of $48.29. The stock is now traded at around $52.78. The impact to a portfolio due to this sale was -0.89%. Pinpoint Asset Management Ltd still held 32,800 shares as of .

Reduced: Nike Inc (NKE)

Pinpoint Asset Management Ltd reduced to a holding in Nike Inc by 34.9%. The sale prices were between $62.8 and $104.58, with an estimated average price of $93.5. The stock is now traded at around $85.98. The impact to a portfolio due to this sale was -0.13%. Pinpoint Asset Management Ltd still held 9,700 shares as of .



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