Somerset Capital Management LLP Buys HeadHunter Group PLC, HUYA Inc, KB Financial Group Inc, Sells Fomento Economico Mexicano SAB de CV

• New Purchases: HHR, HUYA, KB, GLOB,
• Added Positions: BAP, DESP,
• Reduced Positions: YNDX, YUMC, ATHM, INFY, BVN, IBN, TSM, CPA,
• Sold Out: FMX,

For the details of Somerset Capital Management LLP's stock buys and sells, go to https://www.gurufocus.com/guru/somerset+capital+management+llp/current-portfolio/portfolio

1. Yandex NV (YNDX) - 2,646,083 shares, 22.33% of the total portfolio. Shares reduced by 10.52%
2. Infosys Ltd (INFY) - 8,519,950 shares, 17.53% of the total portfolio. Shares reduced by 1.28%
3. Autohome Inc (ATHM) - 1,443,600 shares, 17.45% of the total portfolio. Shares reduced by 2.51%
4. ICICI Bank Ltd (IBN) - 9,274,406 shares, 16.73% of the total portfolio. Shares reduced by 1.32%
5. Yum China Holdings Inc (YUMC) - 1,657,400 shares, 11.47% of the total portfolio. Shares reduced by 9.4%

Somerset Capital Management LLP initiated holding in HeadHunter Group PLC. The purchase prices were between $22.76 and $31.75, with an estimated average price of $25.56. The stock is now traded at around $31.680000. The impact to a portfolio due to this purchase was 2.22%. The holding were 604,013 shares as of 2020-12-31.

Somerset Capital Management LLP initiated holding in HUYA Inc. The purchase prices were between $18.83 and $25.79, with an estimated average price of $21.36. The stock is now traded at around $33.290000. The impact to a portfolio due to this purchase was 1.58%. The holding were 650,300 shares as of 2020-12-31.

Somerset Capital Management LLP initiated holding in KB Financial Group Inc. The purchase prices were between $32.31 and $43.83, with an estimated average price of $39.25. The stock is now traded at around $40.500000. The impact to a portfolio due to this purchase was 0.36%. The holding were 75,767 shares as of 2020-12-31.

Somerset Capital Management LLP initiated holding in Globant SA. The purchase prices were between $176.4 and $222.7, with an estimated average price of $193.41. The stock is now traded at around $222.700000. The impact to a portfolio due to this purchase was 0.16%. The holding were 6,160 shares as of 2020-12-31.

Somerset Capital Management LLP added to a holding in Despegar.com Corp by 51.32%. The purchase prices were between $6.69 and $13.17, with an estimated average price of $9.66. The stock is now traded at around $12.270000. The impact to a portfolio due to this purchase was 0.07%. The holding were 125,900 shares as of 2020-12-31.

Somerset Capital Management LLP added to a holding in Credicorp Ltd by 42.68%. The purchase prices were between $112.92 and $166.4, with an estimated average price of $139. The stock is now traded at around $162.670000. The impact to a portfolio due to this purchase was 0.07%. The holding were 11,700 shares as of 2020-12-31.

Somerset Capital Management LLP sold out a holding in Fomento Economico Mexicano SAB de CV. The sale prices were between $53.5 and $78, with an estimated average price of $67.06.