Platinum Investment Management Ltd Buys General Electric Co, Alphabet Inc, Carrier Global Corp, Sells Alphabet Inc, 58.com Inc, Golden Ocean Group

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Aug 06, 2020
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Sydney Australia 2000, C3, based Investment company Platinum Investment Management Ltd (Current Portfolio) buys General Electric Co, Alphabet Inc, Carrier Global Corp, Trip.com Group, Vail Resorts Inc, sells Alphabet Inc, 58.com Inc, Golden Ocean Group, Skyworks Solutions Inc, ZTO Express (Cayman) Inc during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Platinum Investment Management Ltd. As of 2020Q2, Platinum Investment Management Ltd owns 120 stocks with a total value of $4.4 billion. These are the details of the buys and sells.

For the details of PLATINUM INVESTMENT MANAGEMENT LTD's stock buys and sells, go to https://www.gurufocus.com/guru/platinum+investment+management+ltd/current-portfolio/portfolio

These are the top 5 holdings of PLATINUM INVESTMENT MANAGEMENT LTD
  1. ZTO Express (Cayman) Inc (ZTO) - 8,591,653 shares, 7.21% of the total portfolio. Shares reduced by 21.04%
  2. Booking Holdings Inc (BKNG) - 173,641 shares, 6.32% of the total portfolio. Shares added by 12.69%
  3. Alibaba Group Holding Ltd (BABA) - 1,260,543 shares, 6.21% of the total portfolio. Shares added by 0.13%
  4. Facebook Inc (FB) - 1,155,833 shares, 6.00% of the total portfolio. Shares reduced by 19.5%
  5. Microchip Technology Inc (MCHP) - 2,387,179 shares, 5.74% of the total portfolio. Shares reduced by 16.33%
New Purchase: Carrier Global Corp (CARR)

Platinum Investment Management Ltd initiated holding in Carrier Global Corp. The purchase prices were between $12.89 and $24.37, with an estimated average price of $18.38. The stock is now traded at around $28.27. The impact to a portfolio due to this purchase was 1.4%. The holding were 2,757,549 shares as of .

New Purchase: Baidu Inc (BIDU)

Platinum Investment Management Ltd initiated holding in Baidu Inc. The purchase prices were between $94.76 and $123.73, with an estimated average price of $106.71. The stock is now traded at around $125.58. The impact to a portfolio due to this purchase was 0.67%. The holding were 242,887 shares as of .

New Purchase: Freeport-McMoRan Inc (FCX)

Platinum Investment Management Ltd initiated holding in Freeport-McMoRan Inc. The purchase prices were between $6.31 and $11.57, with an estimated average price of $9.11. The stock is now traded at around $14.56. The impact to a portfolio due to this purchase was 0.38%. The holding were 1,431,587 shares as of .

New Purchase: Louisiana-Pacific Corp (LPX)

Platinum Investment Management Ltd initiated holding in Louisiana-Pacific Corp. The purchase prices were between $13.86 and $27.06, with an estimated average price of $21.09. The stock is now traded at around $30.28. The impact to a portfolio due to this purchase was 0.16%. The holding were 266,673 shares as of .

New Purchase: Kohl's Corp (KSS)

Platinum Investment Management Ltd initiated holding in Kohl's Corp. The purchase prices were between $11.51 and $28.83, with an estimated average price of $19.19. The stock is now traded at around $20.72. The impact to a portfolio due to this purchase was 0.15%. The holding were 306,161 shares as of .

New Purchase: Signet Jewelers Ltd (SIG)

Platinum Investment Management Ltd initiated holding in Signet Jewelers Ltd. The purchase prices were between $6.17 and $16.87, with an estimated average price of $9.81. The stock is now traded at around $11.97. The impact to a portfolio due to this purchase was 0.11%. The holding were 472,575 shares as of .

Added: General Electric Co (GE)

Platinum Investment Management Ltd added to a holding in General Electric Co by 64.89%. The purchase prices were between $5.49 and $8.46, with an estimated average price of $6.78. The stock is now traded at around $6.33. The impact to a portfolio due to this purchase was 2.13%. The holding were 34,680,403 shares as of .

Added: Alphabet Inc (GOOG)

Platinum Investment Management Ltd added to a holding in Alphabet Inc by 52.13%. The purchase prices were between $1097.88 and $1465.85, with an estimated average price of $1345.56. The stock is now traded at around $1500.10. The impact to a portfolio due to this purchase was 1.56%. The holding were 141,249 shares as of .

Added: Trip.com Group Ltd (TCOM)

Platinum Investment Management Ltd added to a holding in Trip.com Group Ltd by 36.47%. 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 $27.99. The impact to a portfolio due to this purchase was 1.25%. The holding were 7,890,309 shares as of .

Added: Vail Resorts Inc (MTN)

Platinum Investment Management Ltd added to a holding in Vail Resorts Inc by 1035.53%. The purchase prices were between $131.73 and $206.97, with an estimated average price of $174.57. The stock is now traded at around $193.04. The impact to a portfolio due to this purchase was 0.9%. The holding were 236,712 shares as of .

Added: Medallia Inc (MDLA)

Platinum Investment Management Ltd added to a holding in Medallia Inc by 167.70%. The purchase prices were between $16.83 and $29.9, with an estimated average price of $23.81. The stock is now traded at around $30.79. The impact to a portfolio due to this purchase was 0.73%. The holding were 2,020,857 shares as of .

Added: Ally Financial Inc (ALLY)

Platinum Investment Management Ltd added to a holding in Ally Financial Inc by 21.12%. The purchase prices were between $11.98 and $23.62, with an estimated average price of $16.95. The stock is now traded at around $21.09. The impact to a portfolio due to this purchase was 0.6%. The holding were 7,629,105 shares as of .

Sold Out: CF Industries Holdings Inc (CF)

Platinum Investment Management Ltd sold out a holding in CF Industries Holdings Inc. The sale prices were between $24.59 and $32.98, with an estimated average price of $28.45.

Sold Out: Transocean Ltd (RIG)

Platinum Investment Management Ltd sold out a holding in Transocean Ltd. The sale prices were between $0.84 and $3.75, with an estimated average price of $1.54.

Sold Out: Norwegian Cruise Line Holdings Ltd (NCLH)

Platinum Investment Management Ltd sold out a holding in Norwegian Cruise Line Holdings Ltd. The sale prices were between $8.4 and $26.86, with an estimated average price of $14.56.

Sold Out: Royal Caribbean Cruises Ltd (RCL)

Platinum Investment Management Ltd sold out a holding in Royal Caribbean Cruises Ltd. The sale prices were between $24.39 and $75.12, with an estimated average price of $44.95.

Sold Out: The Stars Group Inc (TSG)

Platinum Investment Management Ltd sold out a holding in The Stars Group Inc. The sale prices were between $18.61 and $29.11, with an estimated average price of $23.53.

Sold Out: Spirit Airlines Inc (SAVE)

Platinum Investment Management Ltd sold out a holding in Spirit Airlines Inc. The sale prices were between $8.01 and $25.56, with an estimated average price of $14.18.



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