IVA International Fund Buys Sodexo, Koninklijke Boskalis Westminster NV, Kangwon Land Inc, Sells Altran Technologies, Antofagasta PLC, Robertet SA

• New Purchases: KSB3, DIE, 011040, 2678, AVN,
• Added Positions: SW, BOKA, 035250, SLB, 005380, 4544, 6406, 023590, BMW, PINFRA,
• Reduced Positions: 4503, ANTO, RBT, ATE, 4527, HO, 4715, 6845, SIE, JLT,
• Sold Out: ALT, ENGI, 6417,

For the details of IVA International Fund's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=IVA+International+Fund

1. Bureau Veritas SA (BVI) - 5,779,454 shares, 5.62% of the total portfolio.
2. Sodexo (SW) - 1,165,664 shares, 4.25% of the total portfolio. Shares added by 596.69%
3. Astellas Pharma Inc (4503) - 7,316,000 shares, 4.07% of the total portfolio. Shares reduced by 19.05%
4. Nestle SA (NESN) - 1,271,232 shares, 3.6% of the total portfolio.
5. Airbus SE (AIR) - 834,110 shares, 3.56% of the total portfolio.

IVA International Fund initiated holding in KSB SE & Co KGaA. The purchase prices were between $345 and $462, with an estimated average price of $391.31. The stock is now traded at around $317.00. The impact to a portfolio due to this purchase was 0.49%. The holding were 32,403 shares as of 2018-06-30.

IVA International Fund initiated holding in SA D'Ieteren NV. The purchase prices were between $32.82 and $37.12, with an estimated average price of $35.29. The stock is now traded at around $37.80. The impact to a portfolio due to this purchase was 0.44%. The holding were 293,505 shares as of 2018-06-30.

IVA International Fund initiated holding in Kyung Dong Pharmaceutical Co Ltd. The purchase prices were between $11750 and $13300, with an estimated average price of $12417.3. The stock is now traded at around $13050.00. The impact to a portfolio due to this purchase was 0.18%. The holding were 452,205 shares as of 2018-06-30.

IVA International Fund initiated holding in ASKUL Corp. The purchase prices were between $3135 and $3625, with an estimated average price of $3374.46. The stock is now traded at around $3190.00. The impact to a portfolio due to this purchase was 0.12%. The holding were 98,800 shares as of 2018-06-30.

IVA International Fund initiated holding in Avanti Communications Group PLC. The purchase prices were between $0.05 and $0.12, with an estimated average price of $0.06. The stock is now traded at around $0.05. The impact to a portfolio due to this purchase was 0.09%. The holding were 35,391,586 shares as of 2018-06-30.

IVA International Fund added to a holding in Sodexo by 596.69%. The purchase prices were between $78.1 and $87.22, with an estimated average price of $82.68. The stock is now traded at around $94.18. The impact to a portfolio due to this purchase was 3.64%. The holding were 1,165,664 shares as of 2018-06-30.

IVA International Fund added to a holding in Koninklijke Boskalis Westminster NV by 52.89%. The purchase prices were between $22.75 and $25.39, with an estimated average price of $24.35. The stock is now traded at around $25.41. The impact to a portfolio due to this purchase was 0.79%. The holding were 2,147,083 shares as of 2018-06-30.

IVA International Fund added to a holding in Kangwon Land Inc by 34.19%. The purchase prices were between $25950 and $29550, with an estimated average price of $27905.8. The stock is now traded at around $28400.00. The impact to a portfolio due to this purchase was 0.68%. The holding were 3,106,120 shares as of 2018-06-30.

IVA International Fund added to a holding in Schlumberger Ltd by 28.80%. The purchase prices were between $63.48 and $75.03, with an estimated average price of $68.66. The stock is now traded at around $64.52. The impact to a portfolio due to this purchase was 0.49%. The holding were 887,657 shares as of 2018-06-30.

IVA International Fund added to a holding in Hyundai Motor Co by 53.82%. The purchase prices were between $125000 and $164000, with an estimated average price of $146375. The stock is now traded at around $124000.00. The impact to a portfolio due to this purchase was 0.41%. The holding were 284,938 shares as of 2018-06-30.

IVA International Fund added to a holding in Miraca Holdings Inc by 20.78%. The purchase prices were between $3175 and $4370, with an estimated average price of $3806.69. The stock is now traded at around $3105.00. The impact to a portfolio due to this purchase was 0.24%. The holding were 1,304,700 shares as of 2018-06-30.

IVA International Fund sold out a holding in Altran Technologies. The sale prices were between $11.68 and $13.37, with an estimated average price of $12.78.

IVA International Fund sold out a holding in Engie SA. The sale prices were between $15.11 and $17.7, with an estimated average price of $16.66.

IVA International Fund sold out a holding in Sankyo Co Ltd. The sale prices were between $34.4 and $40.38, with an estimated average price of $36.81.

IVA International Fund reduced to a holding in Antofagasta PLC by 28.8%. The sale prices were between $9.02 and $11.49, with an estimated average price of $10.13. The stock is now traded at around $8.47. The impact to a portfolio due to this sale was -0.59%. IVA International Fund still held 3,145,231 shares as of 2018-06-30.

IVA International Fund reduced to a holding in Robertet SA by 55.7%. The sale prices were between $481 and $550, with an estimated average price of $511.81. The stock is now traded at around $508.00. The impact to a portfolio due to this sale was -0.56%. IVA International Fund still held 20,003 shares as of 2018-06-30.

IVA International Fund reduced to a holding in Rohto Pharmaceutical Co Ltd by 41.1%. The sale prices were between $2953 and $3790, with an estimated average price of $3350.95. The stock is now traded at around $3425.00. The impact to a portfolio due to this sale was -0.42%. IVA International Fund still held 595,500 shares as of 2018-06-30.

IVA International Fund reduced to a holding in Thales by 38.24%. The sale prices were between $98.92 and $111.05, with an estimated average price of $106.93. The stock is now traded at around $117.65. The impact to a portfolio due to this sale was -0.26%. IVA International Fund still held 96,241 shares as of 2018-06-30.

IVA International Fund reduced to a holding in Azbil Corp by 47.69%. The sale prices were between $4815 and $5530, with an estimated average price of $5116.62. The stock is now traded at around $4795.00. The impact to a portfolio due to this sale was -0.2%. IVA International Fund still held 126,900 shares as of 2018-06-30.

IVA International Fund reduced to a holding in Siemens AG by 32.02%. The sale prices were between $101.14 and $120.7, with an estimated average price of $111.16. The stock is now traded at around $113.32. The impact to a portfolio due to this sale was -0.19%. IVA International Fund still held 88,757 shares as of 2018-06-30.