Applied Research Investments, Llc Buys Sea, Canadian Pacific Railway, Shopify Inc, Sells Icon PLC, Ferrari NV, Global Payments Inc

• New Purchases: EL, CNI, STNE,
• Added Positions: SE, CP, SHOP, TSM, LOGI, MA, TT, PDD, HON, V, TSLA, PYPL, HDB, INFY, AMZN, MSFT, TMO, AAPL, MSCI, RMD, SPGI, FB, ZM, SYK, WMT, MCO, ISRG, ADBE, INTU, NDAQ, AON,
• Reduced Positions: BABA, VRSK, JD, EDU, TEAM, ACN, ZTO, NTES,
• Sold Out: ICLR, RACE, GPN, GIB,

For the details of APPLIED RESEARCH INVESTMENTS, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/applied+research+investments%2C+llc/current-portfolio/portfolio

1. Taiwan Semiconductor Manufacturing Co Ltd (TSM) - 239,992 shares, 10.36% of the total portfolio. Shares added by 23.97%
2. Sea Ltd (SE) - 121,455 shares, 9.89% of the total portfolio. Shares added by 133.58%
3. Shopify Inc (SHOP) - 21,007 shares, 8.43% of the total portfolio. Shares added by 38.01%
4. JD.com Inc (JD) - 189,035 shares, 5.82% of the total portfolio. Shares reduced by 4.14%
5. Logitech International SA (LOGI) - 139,098 shares, 5.33% of the total portfolio. Shares added by 55.27%

Applied Research Investments, Llc initiated holding in The Estee Lauder Companies Inc. The purchase prices were between $235.85 and $295.74, with an estimated average price of $274.06. The stock is now traded at around $315.500000. The impact to a portfolio due to this purchase was 2.24%. The holding were 21,090 shares as of 2021-03-31.

Applied Research Investments, Llc initiated holding in Canadian National Railway Co. The purchase prices were between $101.17 and $118.12, with an estimated average price of $111. The stock is now traded at around $108.000000. The impact to a portfolio due to this purchase was 1.78%. The holding were 41,949 shares as of 2021-03-31.

Applied Research Investments, Llc initiated holding in StoneCo Ltd. The purchase prices were between $59.89 and $94.09, with an estimated average price of $78.26. The stock is now traded at around $69.640000. The impact to a portfolio due to this purchase was 0.36%. The holding were 15,952 shares as of 2021-03-31.

Applied Research Investments, Llc added to a holding in Sea Ltd by 133.58%. The purchase prices were between $194.37 and $280, with an estimated average price of $232.98. The stock is now traded at around $267.140000. The impact to a portfolio due to this purchase was 5.66%. The holding were 121,455 shares as of 2021-03-31.

Applied Research Investments, Llc added to a holding in Canadian Pacific Railway Ltd by 568.77%. The purchase prices were between $330.29 and $383.75, with an estimated average price of $359.96. The stock is now traded at around $374.500000. The impact to a portfolio due to this purchase was 3.84%. The holding were 32,375 shares as of 2021-03-31.

Applied Research Investments, Llc added to a holding in Shopify Inc by 38.01%. The purchase prices were between $1039.91 and $1474, with an estimated average price of $1212.21. The stock is now traded at around $1156.890000. The impact to a portfolio due to this purchase was 2.32%. The holding were 21,007 shares as of 2021-03-31.

Applied Research Investments, Llc added to a holding in Taiwan Semiconductor Manufacturing Co Ltd by 23.97%. The purchase prices were between $108.96 and $140.05, with an estimated average price of $124.1. The stock is now traded at around $121.270000. The impact to a portfolio due to this purchase was 2%. The holding were 239,992 shares as of 2021-03-31.

Applied Research Investments, Llc added to a holding in Logitech International SA by 55.27%. The purchase prices were between $91.15 and $118.63, with an estimated average price of $105.42. The stock is now traded at around $114.550000. The impact to a portfolio due to this purchase was 1.9%. The holding were 139,098 shares as of 2021-03-31.

Applied Research Investments, Llc added to a holding in Mastercard Inc by 55.24%. The purchase prices were between $315.49 and $384.38, with an estimated average price of $348.78. The stock is now traded at around $389.070000. The impact to a portfolio due to this purchase was 0.74%. The holding were 16,056 shares as of 2021-03-31.

Applied Research Investments, Llc sold out a holding in Icon PLC. The sale prices were between $171.87 and $220.96, with an estimated average price of $197.64.

Applied Research Investments, Llc sold out a holding in Ferrari NV. The sale prices were between $187.78 and $227.01, with an estimated average price of $204.76.

Applied Research Investments, Llc sold out a holding in Global Payments Inc. The sale prices were between $176.52 and $215.55, with an estimated average price of $199.17.

Applied Research Investments, Llc sold out a holding in CGI Inc. The sale prices were between $74.63 and $83.33, with an estimated average price of $79.17.