BW Gestao de Investimentos Ltda. Buys KRANESHARES TR, Arco Platform, Alibaba Group Holding, Sells iShares Convertible Bond, Vale SA, BRF SA

• New Purchases: KWEB, ARCE, BABA, MCHI, HUBS, YNDX, ZNGA, CP, IEMG, CNI, API, NOW, SNOW, NEXA, PLUG, FCX, SPY,
• Added Positions: MSFT, MELI,
• Reduced Positions: VALE, SHW, AMZN, VGK, FB, AAPL, PAGS, WCN, NKE,
• Sold Out: ICVT, BRFS, EWZ, WORK, BAC, SMH, MCD, UGP, STNE, UBER, TWLO, FLT, SHAK, DOCU, DIN, TWTR, BFAM, CMCSA, GM, X9P, NET,

For the details of BW Gestao de Investimentos Ltda.'s stock buys and sells, go to https://www.gurufocus.com/guru/bw+gestao+de+investimentos+ltda./current-portfolio/portfolio

1. KRANESHARES TR (KWEB) - 520,909 shares, 16.36% of the total portfolio. New Position
2. Arco Platform Ltd (ARCE) - 640,959 shares, 12.06% of the total portfolio. New Position
3. Alibaba Group Holding Ltd (BABA) - 68,100 shares, 9.22% of the total portfolio. New Position
4. iShares MSCI China ETF (MCHI) - 229,543 shares, 7.84% of the total portfolio. New Position
5. MercadoLibre Inc (MELI) - 15,600 shares, 7.78% of the total portfolio. Shares added by 5.76%

BW Gestao de Investimentos Ltda. initiated holding in KRANESHARES TR. The purchase prices were between $62.24 and $72.85, with an estimated average price of $67.85. The stock is now traded at around $74.71. The impact to a portfolio due to this purchase was 16.36%. The holding were 520,909 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in Arco Platform Ltd. The purchase prices were between $39.03 and $48.81, with an estimated average price of $44.03. The stock is now traded at around $39.94. The impact to a portfolio due to this purchase was 12.06%. The holding were 640,959 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in Alibaba Group Holding Ltd. The purchase prices were between $215.95 and $298, with an estimated average price of $263.14. The stock is now traded at around $264.31. The impact to a portfolio due to this purchase was 9.22%. The holding were 68,100 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in iShares MSCI China ETF. The purchase prices were between $66.03 and $77.34, with an estimated average price of $73.19. The stock is now traded at around $79.74. The impact to a portfolio due to this purchase was 7.84%. The holding were 229,543 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in HubSpot Inc. The purchase prices were between $211.99 and $314.25, with an estimated average price of $261.94. The stock is now traded at around $353.47. The impact to a portfolio due to this purchase was 2.69%. The holding were 20,000 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in Yandex NV. The purchase prices were between $49.49 and $68.23, with an estimated average price of $59.52. The stock is now traded at around $60.99. The impact to a portfolio due to this purchase was 2.25%. The holding were 75,000 shares as of .

BW Gestao de Investimentos Ltda. added to a holding in Microsoft Corp by 55.08%. The purchase prices were between $200.39 and $231.65, with an estimated average price of $210.04. The stock is now traded at around $215.44. The impact to a portfolio due to this purchase was 2.05%. The holding were 59,540 shares as of .

BW Gestao de Investimentos Ltda. sold out a holding in iShares Convertible Bond. The sale prices were between $71.6 and $84.37, with an estimated average price of $77.94.

BW Gestao de Investimentos Ltda. sold out a holding in BRF SA. The sale prices were between $3.23 and $4.25, with an estimated average price of $3.84.

BW Gestao de Investimentos Ltda. sold out a holding in MSCI BRAZIL ETF. The sale prices were between $27.17 and $33.5, with an estimated average price of $30.67.

BW Gestao de Investimentos Ltda. sold out a holding in Slack Technologies Inc. The sale prices were between $25.24 and $34.3, with an estimated average price of $29.42.

BW Gestao de Investimentos Ltda. sold out a holding in Bank of America Corp. The sale prices were between $22.77 and $26.92, with an estimated average price of $24.9.

BW Gestao de Investimentos Ltda. sold out a holding in VanEck Vectors Semiconductor ETF. The sale prices were between $151.05 and $183.55, with an estimated average price of $167.44.