TB Alternative Assets Ltd. Buys So-Young International Inc, Pinduoduo Inc, SL Green Realty Corp, Sells JOYY Inc, Alibaba Group Holding, Vipshop Holdings

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Jul 22, 2020
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Hong Kong, K3, based Investment company TB Alternative Assets Ltd. (Current Portfolio) buys So-Young International Inc, Pinduoduo Inc, SL Green Realty Corp, ZTO Express (Cayman) Inc, Trip.com Group, sells JOYY Inc, Alibaba Group Holding, Vipshop Holdings, Tencent Music Entertainment Group, iQIYI Inc during the 3-months ended 2020Q2, according to the most recent filings of the investment company, TB Alternative Assets Ltd.. As of 2020Q2, TB Alternative Assets Ltd. owns 42 stocks with a total value of $692 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. So-Young International Inc (SY) - 12,519,106 shares, 24.56% of the total portfolio. New Position
  2. Pinduoduo Inc (PDD) - 591,500 shares, 7.34% of the total portfolio. New Position
  3. SL Green Realty Corp (SLG) - 876,200 shares, 6.24% of the total portfolio. Shares added by 9027.08%
  4. Yunji Inc (YJ) - 12,089,870 shares, 4.70% of the total portfolio. Shares reduced by 1.39%
  5. ZTO Express (Cayman) Inc (ZTO) - 727,138 shares, 3.86% of the total portfolio. Shares added by 846.33%
New Purchase: So-Young International Inc (SY)

TB Alternative Assets Ltd. initiated holding in So-Young International Inc. The purchase prices were between $9.25 and $14.1, with an estimated average price of $10.54. The stock is now traded at around $14.44. The impact to a portfolio due to this purchase was 24.56%. The holding were 12,519,106 shares as of .

New Purchase: Pinduoduo Inc (PDD)

TB Alternative Assets Ltd. initiated holding in Pinduoduo Inc. The purchase prices were between $35.9 and $87.58, with an estimated average price of $59.64. The stock is now traded at around $82.58. The impact to a portfolio due to this purchase was 7.34%. The holding were 591,500 shares as of .

New Purchase: Trip.com Group Ltd (TCOM)

TB Alternative Assets Ltd. initiated holding in Trip.com Group Ltd. The purchase prices were between $22.01 and $29.52, with an estimated average price of $25.15. The stock is now traded at around $27.52. The impact to a portfolio due to this purchase was 3.13%. The holding were 836,500 shares as of .

New Purchase: Park Hotels & Resorts Inc (PK)

TB Alternative Assets Ltd. initiated holding in Park Hotels & Resorts Inc. The purchase prices were between $6.04 and $14.88, with an estimated average price of $9.28. The stock is now traded at around $9.37. The impact to a portfolio due to this purchase was 2.14%. The holding were 1,494,400 shares as of .

New Purchase: Schlumberger Ltd (SLB)

TB Alternative Assets Ltd. initiated holding in Schlumberger Ltd. The purchase prices were between $12.59 and $23.65, with an estimated average price of $17.44. The stock is now traded at around $19.56. The impact to a portfolio due to this purchase was 1.47%. The holding were 554,300 shares as of .

New Purchase: Sea Ltd (SE)

TB Alternative Assets Ltd. initiated holding in Sea Ltd. The purchase prices were between $42.1 and $113.39, with an estimated average price of $71.65. The stock is now traded at around $115.45. The impact to a portfolio due to this purchase was 0.8%. The holding were 51,800 shares as of .

Added: SL Green Realty Corp (SLG)

TB Alternative Assets Ltd. added to a holding in SL Green Realty Corp by 9027.08%. The purchase prices were between $36.83 and $63.12, with an estimated average price of $47.29. The stock is now traded at around $47.93. The impact to a portfolio due to this purchase was 6.17%. The holding were 876,200 shares as of .

Added: ZTO Express (Cayman) Inc (ZTO)

TB Alternative Assets Ltd. added to a holding in ZTO Express (Cayman) Inc by 846.33%. The purchase prices were between $26.32 and $38.64, with an estimated average price of $31.71. The stock is now traded at around $36.48. The impact to a portfolio due to this purchase was 3.45%. The holding were 727,138 shares as of .

Added: The Walt Disney Co (DIS)

TB Alternative Assets Ltd. added to a holding in The Walt Disney Co by 637.71%. The purchase prices were between $93.88 and $127.28, with an estimated average price of $110.22. The stock is now traded at around $118.62. The impact to a portfolio due to this purchase was 2.43%. The holding were 174,100 shares as of .

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

TB Alternative Assets Ltd. added to a holding in New Oriental Education & Technology Group Inc by 300.29%. The purchase prices were between $104.74 and $136.9, with an estimated average price of $121.41. The stock is now traded at around $146.90. The impact to a portfolio due to this purchase was 1.94%. The holding were 136,900 shares as of .

Added: TAL Education Group (TAL)

TB Alternative Assets Ltd. added to a holding in TAL Education Group by 198.13%. The purchase prices were between $47.39 and $68.38, with an estimated average price of $56.97. The stock is now traded at around $78.45. The impact to a portfolio due to this purchase was 1.63%. The holding were 247,400 shares as of .

Added: Tesla Inc (TSLA)

TB Alternative Assets Ltd. added to a holding in Tesla Inc by 631.25%. The purchase prices were between $454.47 and $1079.81, with an estimated average price of $803.57. The stock is now traded at around $1568.36. The impact to a portfolio due to this purchase was 1.58%. The holding were 11,700 shares as of .

Sold Out: NetEase Inc (NTES)

TB Alternative Assets Ltd. sold out a holding in NetEase Inc. The sale prices were between $320.96 and $438.05, with an estimated average price of $374.75.

Sold Out: 58.com Inc (WUBA)

TB Alternative Assets Ltd. sold out a holding in 58.com Inc. The sale prices were between $46.7 and $54.58, with an estimated average price of $51.49.

Sold Out: Snap Inc (SNAP)

TB Alternative Assets Ltd. sold out a holding in Snap Inc. The sale prices were between $11.06 and $24.48, with an estimated average price of $17.63.

Sold Out: Pinterest Inc (PINS)

TB Alternative Assets Ltd. sold out a holding in Pinterest Inc. The sale prices were between $13.7 and $24.07, with an estimated average price of $19.4.

Sold Out: Apple Inc (AAPL)

TB Alternative Assets Ltd. sold out a holding in Apple Inc. The sale prices were between $240.91 and $366.53, with an estimated average price of $308.62.

Sold Out: GDS Holdings Ltd (GDS)

TB Alternative Assets Ltd. sold out a holding in GDS Holdings Ltd. The sale prices were between $50.62 and $81.92, with an estimated average price of $61.56.

Reduced: JOYY Inc (YY)

TB Alternative Assets Ltd. reduced to a holding in JOYY Inc by 77.13%. The sale prices were between $52.33 and $97.23, with an estimated average price of $66.11. The stock is now traded at around $83.19. The impact to a portfolio due to this sale was -10.51%. TB Alternative Assets Ltd. still held 241,672 shares as of .

Reduced: Alibaba Group Holding Ltd (BABA)

TB Alternative Assets Ltd. reduced to a holding in Alibaba Group Holding Ltd by 68.66%. The sale prices were between $187.11 and $228.75, with an estimated average price of $207.72. The stock is now traded at around $257.90. The impact to a portfolio due to this sale was -7.4%. TB Alternative Assets Ltd. still held 71,792 shares as of .

Reduced: Vipshop Holdings Ltd (VIPS)

TB Alternative Assets Ltd. reduced to a holding in Vipshop Holdings Ltd by 67.55%. The sale prices were between $14.11 and $21.19, with an estimated average price of $17.09. The stock is now traded at around $21.69. The impact to a portfolio due to this sale was -7.31%. TB Alternative Assets Ltd. still held 931,033 shares as of .

Reduced: Tencent Music Entertainment Group (TME)

TB Alternative Assets Ltd. reduced to a holding in Tencent Music Entertainment Group by 74.69%. The sale prices were between $10.06 and $13.63, with an estimated average price of $11.8. The stock is now traded at around $16.37. The impact to a portfolio due to this sale was -4.27%. TB Alternative Assets Ltd. still held 594,800 shares as of .

Reduced: iQIYI Inc (IQ)

TB Alternative Assets Ltd. reduced to a holding in iQIYI Inc by 60.66%. The sale prices were between $15.5 and $24.82, with an estimated average price of $18.48. The stock is now traded at around $22.65. The impact to a portfolio due to this sale was -3.56%. TB Alternative Assets Ltd. still held 535,866 shares as of .

Reduced: SINA Corp (SINA)

TB Alternative Assets Ltd. reduced to a holding in SINA Corp by 43.5%. The sale prices were between $30.04 and $35.91, with an estimated average price of $33.55. The stock is now traded at around $40.75. The impact to a portfolio due to this sale was -2.26%. TB Alternative Assets Ltd. still held 381,522 shares as of .



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