Meru Capital Group, LP Buys Chevron Corp, Facebook Inc, Morgan Stanley, Sells JOYY Inc, Lyft Inc

• New Purchases: CVX, FB, MS, BAC, AIG, AA, C, VIAC, DFS, GS, ATH, ALLY, TRV, FCX, PFE, SLB,
• Added Positions: BEN,
• Sold Out: YY, LYFT,

For the details of Meru Capital Group, LP's stock buys and sells, go to https://www.gurufocus.com/guru/meru+capital+group%2C+lp/current-portfolio/portfolio

1. Chevron Corp (CVX) - 102,600 shares, 15.78% of the total portfolio. New Position
2. Facebook Inc (FB) - 27,500 shares, 9.74% of the total portfolio. New Position
3. Franklin Resources Inc (BEN) - 254,000 shares, 9.00% of the total portfolio. Shares added by 103.20%
4. Morgan Stanley (MS) - 98,000 shares, 7.07% of the total portfolio. New Position
5. Bank of America Corp (BAC) - 156,000 shares, 7.03% of the total portfolio. New Position

Meru Capital Group, LP initiated holding in Chevron Corp. The purchase prices were between $54.22 and $121.43, with an estimated average price of $99.58. The stock is now traded at around $90.05. The impact to a portfolio due to this purchase was 15.78%. The holding were 102,600 shares as of .

Meru Capital Group, LP initiated holding in Facebook Inc. The purchase prices were between $146.01 and $223.23, with an estimated average price of $196.62. The stock is now traded at around $206.81. The impact to a portfolio due to this purchase was 9.74%. The holding were 27,500 shares as of .

Meru Capital Group, LP initiated holding in Morgan Stanley. The purchase prices were between $27.81 and $57.51, with an estimated average price of $47.45. The stock is now traded at around $37.81. The impact to a portfolio due to this purchase was 7.07%. The holding were 98,000 shares as of .

Meru Capital Group, LP initiated holding in Bank of America Corp. The purchase prices were between $18.08 and $35.64, with an estimated average price of $30.21. The stock is now traded at around $21.71. The impact to a portfolio due to this purchase was 7.03%. The holding were 156,000 shares as of .

Meru Capital Group, LP initiated holding in American International Group Inc. The purchase prices were between $18.78 and $54.47, with an estimated average price of $43.26. The stock is now traded at around $25.76. The impact to a portfolio due to this purchase was 7%. The holding were 136,000 shares as of .

Meru Capital Group, LP initiated holding in Alcoa Corp. The purchase prices were between $5.48 and $21.51, with an estimated average price of $13.93. The stock is now traded at around $6.81. The impact to a portfolio due to this purchase was 6.87%. The holding were 525,403 shares as of .

Meru Capital Group, LP added to a holding in Franklin Resources Inc by 103.20%. The purchase prices were between $15.3 and $26.31, with an estimated average price of $23.06. The stock is now traded at around $18.03. The impact to a portfolio due to this purchase was 4.57%. The holding were 254,000 shares as of .

Meru Capital Group, LP sold out a holding in JOYY Inc. The sale prices were between $42.01 and $66.83, with an estimated average price of $58.14.

Meru Capital Group, LP sold out a holding in Lyft Inc. The sale prices were between $16.05 and $53.94, with an estimated average price of $39.96.