ARGA Investment Management, LP Buys Melco Resorts and Entertainment, Momo Inc, iShares MSCI China ETF, Sells JOYY Inc, NXP Semiconductors NV, Kulicke & Soffa Industries Inc

• New Purchases: MLCO, MCHI, GE, EEM, INTC,
• Added Positions: MOMO, UBS, BIDU, EWT, INDA, FTI, WB, SU, WFC, HP, AER, LEA, RTX, NTR, C, MCK, CVS, CNHI, MHK, BAC, DXC, BIIB, BK, NOV, TAP, FLS, T, MOS, SABR, CMCSA, BABA, CC, PKX, HCA, PFE, GILD, ABT,
• Reduced Positions: NXPI, KLIC, CTSH, ON, ERUS, TPR, CPRI, BEN, SIMO, MGA, IVZ, IBN, IPG, MU, CI, KB, COP, JD,
• Sold Out: YY, MDLZ, TSM, MOH, SLM, BKR, STT, TRIP, PG,

For the details of ARGA Investment Management, LP's stock buys and sells, go to https://www.gurufocus.com/guru/arga+investment+management%2C+lp/current-portfolio/portfolio

1. Baidu Inc (BIDU) - 1,342,887 shares, 17.85% of the total portfolio. Shares added by 3.46%
2. Capri Holdings Ltd (CPRI) - 5,083,691 shares, 13.12% of the total portfolio. Shares reduced by 2.08%
3. AerCap Holdings NV (AER) - 2,459,948 shares, 6.89% of the total portfolio. Shares added by 2.06%
4. Canadian Natural Resources Ltd (CNQ) - 4,440,747 shares, 6.56% of the total portfolio. Shares added by 0.11%
5. Weibo Corp (WB) - 2,505,311 shares, 6.31% of the total portfolio. Shares added by 6.30%

ARGA Investment Management, LP initiated holding in Melco Resorts and Entertainment Ltd. The purchase prices were between $14.63 and $19.66, with an estimated average price of $17.44. The stock is now traded at around $16.140000. The impact to a portfolio due to this purchase was 3.38%. The holding were 2,963,388 shares as of 2020-12-31.

ARGA Investment Management, LP initiated holding in iShares MSCI China ETF. The purchase prices were between $73.99 and $82.81, with an estimated average price of $79.25. The stock is now traded at around $92.910000. The impact to a portfolio due to this purchase was 1.45%. The holding were 292,188 shares as of 2020-12-31.

ARGA Investment Management, LP initiated holding in General Electric Co. The purchase prices were between $6.17 and $11.39, with an estimated average price of $9.08. The stock is now traded at around $10.990000. The impact to a portfolio due to this purchase was 0.12%. The holding were 186,243 shares as of 2020-12-31.

ARGA Investment Management, LP initiated holding in BTC iShares MSCI Emerging Markets ETF. The purchase prices were between $43.54 and $51.7, with an estimated average price of $47.75. The stock is now traded at around $56.250000. The impact to a portfolio due to this purchase was 0.12%. The holding were 36,567 shares as of 2020-12-31.

ARGA Investment Management, LP initiated holding in Intel Corp. The purchase prices were between $44.11 and $54.58, with an estimated average price of $48.73. The stock is now traded at around $55.440000. The impact to a portfolio due to this purchase was 0.11%. The holding were 34,337 shares as of 2020-12-31.

ARGA Investment Management, LP added to a holding in Momo Inc by 92.89%. The purchase prices were between $12.88 and $15.87, with an estimated average price of $14.44. The stock is now traded at around $16.520000. The impact to a portfolio due to this purchase was 2.3%. The holding were 5,562,759 shares as of 2020-12-31.

ARGA Investment Management, LP added to a holding in UBS Group AG by 34.50%. The purchase prices were between $11.34 and $14.76, with an estimated average price of $13.31. The stock is now traded at around $14.530000. The impact to a portfolio due to this purchase was 0.61%. The holding were 2,725,718 shares as of 2020-12-31.

ARGA Investment Management, LP added to a holding in iShares MSCI Taiwan ETF by 75.42%. The purchase prices were between $44.13 and $53.32, with an estimated average price of $48.14. The stock is now traded at around $58.310000. The impact to a portfolio due to this purchase was 0.52%. The holding were 372,311 shares as of 2020-12-31.

ARGA Investment Management, LP added to a holding in BTC iShares MSCI India ETF by 123.69%. The purchase prices were between $33.54 and $40.22, with an estimated average price of $36.61. The stock is now traded at around $40.670000. The impact to a portfolio due to this purchase was 0.5%. The holding were 366,896 shares as of 2020-12-31.

ARGA Investment Management, LP added to a holding in Suncor Energy Inc by 288.15%. The purchase prices were between $11.28 and $18.78, with an estimated average price of $14.82. The stock is now traded at around $17.520000. The impact to a portfolio due to this purchase was 0.3%. The holding were 386,478 shares as of 2020-12-31.

ARGA Investment Management, LP added to a holding in Wells Fargo & Co by 196.30%. The purchase prices were between $21.14 and $30.35, with an estimated average price of $26.03. The stock is now traded at around $32.240000. The impact to a portfolio due to this purchase was 0.19%. The holding were 158,271 shares as of 2020-12-31.

ARGA Investment Management, LP sold out a holding in JOYY Inc. The sale prices were between $73.66 and $100.83, with an estimated average price of $85.94.

ARGA Investment Management, LP sold out a holding in Taiwan Semiconductor Manufacturing Co Ltd. The sale prices were between $80.8 and $109.04, with an estimated average price of $95.25.

ARGA Investment Management, LP sold out a holding in Mondelez International Inc. The sale prices were between $53.12 and $59.03, with an estimated average price of $57.16.

ARGA Investment Management, LP sold out a holding in Molina Healthcare Inc. The sale prices were between $186.47 and $220.04, with an estimated average price of $206.67.

ARGA Investment Management, LP sold out a holding in Baker Hughes Co. The sale prices were between $12.65 and $23.12, with an estimated average price of $17.73.

ARGA Investment Management, LP sold out a holding in SLM Corp. The sale prices were between $8.3 and $12.45, with an estimated average price of $10.59.

ARGA Investment Management, LP reduced to a holding in NXP Semiconductors NV by 97.16%. The sale prices were between $127.39 and $166.37, with an estimated average price of $147.95. The stock is now traded at around $174.420000. The impact to a portfolio due to this sale was -2.58%. ARGA Investment Management, LP still held 6,619 shares as of 2020-12-31.

ARGA Investment Management, LP reduced to a holding in Kulicke & Soffa Industries Inc by 49.47%. The sale prices were between $21.89 and $34.07, with an estimated average price of $29.29. The stock is now traded at around $38.120000. The impact to a portfolio due to this sale was -2.06%. ARGA Investment Management, LP still held 1,025,780 shares as of 2020-12-31.

ARGA Investment Management, LP reduced to a holding in ON Semiconductor Corp by 91.31%. The sale prices were between $22.44 and $32.73, with an estimated average price of $28.05. The stock is now traded at around $36.970000. The impact to a portfolio due to this sale was -0.32%. ARGA Investment Management, LP still held 15,244 shares as of 2020-12-31.

ARGA Investment Management, LP reduced to a holding in iShares MSCI Russia ETF by 40.85%. The sale prices were between $28.79 and $38.39, with an estimated average price of $33.78. The stock is now traded at around $38.000000. The impact to a portfolio due to this sale was -0.23%. ARGA Investment Management, LP still held 111,082 shares as of 2020-12-31.

ARGA Investment Management, LP reduced to a holding in Tapestry Inc by 82.62%. The sale prices were between $16.15 and $31.45, with an estimated average price of $25.62. The stock is now traded at around $33.770000. The impact to a portfolio due to this sale was -0.23%. ARGA Investment Management, LP still held 33,482 shares as of 2020-12-31.

ARGA Investment Management, LP reduced to a holding in Franklin Resources Inc by 52.32%. The sale prices were between $18.64 and $25.16, with an estimated average price of $22.4. The stock is now traded at around $26.510000. The impact to a portfolio due to this sale was -0.15%. ARGA Investment Management, LP still held 72,993 shares as of 2020-12-31.