BFAM Partners (Cayman) Ltd Buys Takeda Pharmaceutical Co, United States Steel Corp, Vipshop Holdings, Sells Apple Inc, SPDR Gold Shares ETF, Alibaba Group Holding

• New Purchases: TAK, X, VIPS, MLCO,
• Reduced Positions: BABA,
• Sold Out: AAPL, GLD, C, Z, UA,

For the details of BFAM Partners (Cayman) Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/bfam+partners+%28cayman%29+ltd/current-portfolio/portfolio

1. iShares iBoxx USD Investment Grade Corporate Bond (LQD) - 800,000 shares, 42.22% of the total portfolio.
2. iShares iBoxx USD High Yield Corporate Bond ETF (HYG) - 750,000 shares, 26.54% of the total portfolio.
3. Alibaba Group Holding Ltd (BABA) - 230,000 shares, 21.16% of the total portfolio.
4. Alibaba Group Holding Ltd (BABA) - 53,892 shares, 4.96% of the total portfolio. Shares reduced by 51.8%
5. Takeda Pharmaceutical Co Ltd (TAK) - 328,690 shares, 2.44% of the total portfolio. New Position

BFAM Partners (Cayman) Ltd initiated holding in Takeda Pharmaceutical Co Ltd. The purchase prices were between $16.71 and $19.9, with an estimated average price of $17.99. The stock is now traded at around $16.950000. The impact to a portfolio due to this purchase was 2.44%. The holding were 328,690 shares as of 2021-03-31.

BFAM Partners (Cayman) Ltd initiated holding in United States Steel Corp. The purchase prices were between $16.26 and $26.17, with an estimated average price of $19.7. The stock is now traded at around $25.810000. The impact to a portfolio due to this purchase was 1.34%. The holding were 126,000 shares as of 2021-03-31.

BFAM Partners (Cayman) Ltd initiated holding in Vipshop Holdings Ltd. The purchase prices were between $27.42 and $45.58, with an estimated average price of $34.47. The stock is now traded at around $23.810000. The impact to a portfolio due to this purchase was 0.94%. The holding were 77,341 shares as of 2021-03-31.

BFAM Partners (Cayman) Ltd initiated holding in Melco Resorts and Entertainment Ltd. The purchase prices were between $15.49 and $23.37, with an estimated average price of $18.96. The stock is now traded at around $17.230000. The impact to a portfolio due to this purchase was 0.4%. The holding were 50,000 shares as of 2021-03-31.

BFAM Partners (Cayman) Ltd sold out a holding in Apple Inc. The sale prices were between $116.36 and $143.16, with an estimated average price of $128.47.

BFAM Partners (Cayman) Ltd sold out a holding in SPDR Gold Shares ETF. The sale prices were between $157.49 and $182.87, with an estimated average price of $168.06.

BFAM Partners (Cayman) Ltd sold out a holding in Citigroup Inc. The sale prices were between $57.99 and $75.18, with an estimated average price of $66.7.

BFAM Partners (Cayman) Ltd sold out a holding in Zillow Group Inc. The sale prices were between $119.63 and $199.9, with an estimated average price of $149.17.

BFAM Partners (Cayman) Ltd sold out a holding in Under Armour Inc. The sale prices were between $14.77 and $20.19, with an estimated average price of $17.6.