Ashmore Group plc Buys ICICI Bank, Alibaba Group Holding, Grupo Financiero Galicia SA, Sells Taiwan Semiconductor Manufacturing Co, Itau Unibanco Holding SA, Baidu Inc

• New Purchases: GGAL, BFR,
• Added Positions: IBN, BABA, VALE, YPF, EC, PBR.A, EDU, WUBA, TX, ASR,
• Reduced Positions: TSM, BIDU, FMX, HDB, SUPV, PBR, PAM, SIMO, YY, OMAB,
• Sold Out: ITUB, YUMC, LOMA, CIB,

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

1. Alibaba Group Holding Ltd (BABA) - 212,701 shares, 23.1% of the total portfolio. Shares added by 34.83%
2. Vale SA (VALE) - 1,854,374 shares, 18.14% of the total portfolio. Shares added by 29.15%
3. ICICI Bank Ltd (IBN) - 1,873,736 shares, 10.49% of the total portfolio. Shares added by 1298.85%
4. Avianca Holdings SA (AVH) - 1,709,106 shares, 6.33% of the total portfolio.
5. Baidu Inc (BIDU) - 39,849 shares, 6.01% of the total portfolio. Shares reduced by 49.74%

Ashmore Group plc initiated holding in Grupo Financiero Galicia SA. The purchase prices were between $18.82 and $37.36, with an estimated average price of $30.21. The stock is now traded at around $25.17. The impact to a portfolio due to this purchase was 4.22%. The holding were 251,584 shares as of 2018-09-30.

Ashmore Group plc initiated holding in Bbva Banco Frances,S.A.. The purchase prices were between $7.18 and $14.4, with an estimated average price of $11.34. The stock is now traded at around $11.50. The impact to a portfolio due to this purchase was 1.38%. The holding were 179,300 shares as of 2018-09-30.

Ashmore Group plc added to a holding in ICICI Bank Ltd by 1298.85%. The purchase prices were between $7.72 and $9.77, with an estimated average price of $8.84. The stock is now traded at around $10.09. The impact to a portfolio due to this purchase was 9.74%. The holding were 1,873,736 shares as of 2018-09-30.

Ashmore Group plc added to a holding in Alibaba Group Holding Ltd by 34.83%. The purchase prices were between $156.36 and $197.98, with an estimated average price of $176.96. The stock is now traded at around $150.44. The impact to a portfolio due to this purchase was 5.97%. The holding were 212,701 shares as of 2018-09-30.

Ashmore Group plc added to a holding in Vale SA by 29.15%. The purchase prices were between $12.49 and $15.25, with an estimated average price of $13.5. The stock is now traded at around $14.53. The impact to a portfolio due to this purchase was 4.09%. The holding were 1,854,374 shares as of 2018-09-30.

Ashmore Group plc added to a holding in YPF SA by 186.32%. The purchase prices were between $13.17 and $17.22, with an estimated average price of $15.57. The stock is now traded at around $15.52. The impact to a portfolio due to this purchase was 2.17%. The holding were 327,318 shares as of 2018-09-30.

Ashmore Group plc added to a holding in Ecopetrol SA by 48.39%. The purchase prices were between $19.62 and $26.93, with an estimated average price of $22.1. The stock is now traded at around $20.41. The impact to a portfolio due to this purchase was 1.33%. The holding were 230,000 shares as of 2018-09-30.

Ashmore Group plc added to a holding in New Oriental Education & Technology Group Inc by 111.94%. The purchase prices were between $67.58 and $98.13, with an estimated average price of $83.05. The stock is now traded at around $58.27. The impact to a portfolio due to this purchase was 0.25%. The holding were 9,603 shares as of 2018-09-30.

Ashmore Group plc sold out a holding in Itau Unibanco Holding SA. The sale prices were between $9.91 and $12.69, with an estimated average price of $11.06.

Ashmore Group plc sold out a holding in Yum China Holdings Inc. The sale prices were between $31.94 and $39.23, with an estimated average price of $35.63.

Ashmore Group plc sold out a holding in Loma Negra Cia Industria Argentina SA. The sale prices were between $6.81 and $11.62, with an estimated average price of $9.51.

Ashmore Group plc sold out a holding in BanColombia SA. The sale prices were between $39.22 and $50.41, with an estimated average price of $44.99.