Ocean Arete Ltd Buys iQIYI Inc, Momo Inc, Bilibili Inc, Sells Alibaba Group Holding, Ctrip.com International, JD.com Inc

Investment company Ocean Arete Ltd (Current Portfolio) buys iQIYI Inc, Momo Inc, Bilibili Inc, YY Inc, sells Alibaba Group Holding, Ctrip.com International, JD.com Inc, Baozun Inc, Pinduoduo Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Ocean Arete Ltd. As of 2019Q2, Ocean Arete Ltd owns 5 stocks with a total value of $21 million. These are the details of the buys and sells.

For the details of OCEAN ARETE LTD's stock buys and sells, go to https://www.gurufocus.com/guru/ocean+arete+ltd/current-portfolio/portfolioportfolio

These are the top 5 holdings of OCEAN ARETE LTD
  1. iQIYI Inc (IQ) - 295,900 shares, 29.78% of the total portfolio. New Position
  2. Momo Inc (MOMO) - 115,300 shares, 20.12% of the total portfolio. New Position
  3. Bilibili Inc (BILI) - 225,800 shares, 17.91% of the total portfolio. New Position
  4. Ctrip.com International Ltd (CTRP) - 90,200 shares, 16.23% of the total portfolio. Shares reduced by 63.32%
  5. YY Inc (YY) - 47,000 shares, 15.96% of the total portfolio. New Position
New Purchase: iQIYI Inc (IQ)

Ocean Arete Ltd initiated holding in iQIYI Inc. The purchase prices were between $17.66 and $24.79, with an estimated average price of $20.67. The stock is now traded at around $18.29. The impact to a portfolio due to this purchase was 29.78%. The holding were 295,900 shares as of .

New Purchase: Momo Inc (MOMO)

Ocean Arete Ltd initiated holding in Momo Inc. The purchase prices were between $26.02 and $40.81, with an estimated average price of $33.18. The stock is now traded at around $33.37. The impact to a portfolio due to this purchase was 20.12%. The holding were 115,300 shares as of .

New Purchase: Bilibili Inc (BILI)

Ocean Arete Ltd initiated holding in Bilibili Inc. The purchase prices were between $13.48 and $18.8, with an estimated average price of $16.13. The stock is now traded at around $15.54. The impact to a portfolio due to this purchase was 17.91%. The holding were 225,800 shares as of .

New Purchase: YY Inc (YY)

Ocean Arete Ltd initiated holding in YY Inc. The purchase prices were between $63.93 and $88.5, with an estimated average price of $76.28. The stock is now traded at around $65.95. The impact to a portfolio due to this purchase was 15.96%. The holding were 47,000 shares as of .

Sold Out: Alibaba Group Holding Ltd (BABA)

Ocean Arete Ltd sold out a holding in Alibaba Group Holding Ltd. The sale prices were between $149.26 and $195.21, with an estimated average price of $172.54.

Sold Out: JD.com Inc (JD)

Ocean Arete Ltd sold out a holding in JD.com Inc. The sale prices were between $25.76 and $31.26, with an estimated average price of $28.75.

Sold Out: Baozun Inc (BZUN)

Ocean Arete Ltd sold out a holding in Baozun Inc. The sale prices were between $36.61 and $50.63, with an estimated average price of $43.04.

Sold Out: Pinduoduo Inc (PDD)

Ocean Arete Ltd sold out a holding in Pinduoduo Inc. The sale prices were between $19.03 and $24.67, with an estimated average price of $21.66.

Sold Out: Vipshop Holdings Ltd (VIPS)

Ocean Arete Ltd sold out a holding in Vipshop Holdings Ltd. The sale prices were between $7.01 and $9.16, with an estimated average price of $8.05.

Sold Out: Yirendai Ltd (YRD)

Ocean Arete Ltd sold out a holding in Yirendai Ltd. The sale prices were between $13.11 and $17.02, with an estimated average price of $15.11.



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