TB Alternative Assets Ltd. Buys Yunji Inc, Weibo Corp, TAL Education Group, Sells Pinduoduo Inc, Freeport-McMoRan Inc, Facebook Inc

Author's Avatar
Oct 17, 2019
Article's Main Image
Hong Kong, K3, based Investment company TB Alternative Assets Ltd. (Current Portfolio) buys Yunji Inc, Weibo Corp, TAL Education Group, MOGU Inc, SINA Corp, sells Pinduoduo Inc, Freeport-McMoRan Inc, Facebook Inc, Tencent Music Entertainment Group, United States Steel Corp during the 3-months ended 2019Q3, according to the most recent filings of the investment company, TB Alternative Assets Ltd.. As of 2019Q3, TB Alternative Assets Ltd. owns 26 stocks with a total value of $529 million. These are the details of the buys and sells.

For the details of TB Alternative Assets Ltd.'s stock buys and sells, go to https://www.gurufocus.com/guru/tb+alternative+assets+ltd./current-portfolio/portfolio

These are the top 5 holdings of TB Alternative Assets Ltd.
  1. Alibaba Group Holding Ltd (BABA) - 800,000 shares, 25.30% of the total portfolio. Shares reduced by 11.25%
  2. Yunji Inc (YJ) - 13,173,639 shares, 17.11% of the total portfolio. New Position
  3. Weibo Corp (WB) - 1,016,916 shares, 8.61% of the total portfolio. Shares added by 116.50%
  4. TAL Education Group (TAL) - 1,109,925 shares, 7.19% of the total portfolio. Shares added by 171.93%
  5. ZTO Express (Cayman) Inc (ZTO) - 1,767,822 shares, 7.13% of the total portfolio. Shares reduced by 9.22%
New Purchase: Yunji Inc (YJ)

TB Alternative Assets Ltd. initiated holding in Yunji Inc. The purchase prices were between $6.05 and $11.2, with an estimated average price of $9.06. The stock is now traded at around $6.49. The impact to a portfolio due to this purchase was 17.11%. The holding were 13,173,639 shares as of .

New Purchase: MOGU Inc (MOGU)

TB Alternative Assets Ltd. initiated holding in MOGU Inc. The purchase prices were between $2.18 and $3.64, with an estimated average price of $2.66. The stock is now traded at around $2.77. The impact to a portfolio due to this purchase was 3.97%. The holding were 8,347,939 shares as of .

New Purchase: Vipshop Holdings Ltd (VIPS)

TB Alternative Assets Ltd. initiated holding in Vipshop Holdings Ltd. The purchase prices were between $6.26 and $9.81, with an estimated average price of $8.19. The stock is now traded at around $9.54. The impact to a portfolio due to this purchase was 3.62%. The holding were 2,144,100 shares as of .

New Purchase: iQIYI Inc (IQ)

TB Alternative Assets Ltd. initiated holding in iQIYI Inc. The purchase prices were between $16.13 and $21.19, with an estimated average price of $18.4. The stock is now traded at around $16.16. The impact to a portfolio due to this purchase was 1.64%. The holding were 537,700 shares as of .

New Purchase: General Electric Co (GE)

TB Alternative Assets Ltd. initiated holding in General Electric Co. The purchase prices were between $7.93 and $10.68, with an estimated average price of $9.43. The stock is now traded at around $8.90. The impact to a portfolio due to this purchase was 0.27%. The holding were 162,400 shares as of .

New Purchase: Halliburton Co (HAL)

TB Alternative Assets Ltd. initiated holding in Halliburton Co. The purchase prices were between $17.31 and $23.85, with an estimated average price of $20.7. The stock is now traded at around $18.30. The impact to a portfolio due to this purchase was 0.22%. The holding were 60,500 shares as of .

Added: Weibo Corp (WB)

TB Alternative Assets Ltd. added to a holding in Weibo Corp by 116.50%. The purchase prices were between $34.89 and $50.21, with an estimated average price of $42.38. The stock is now traded at around $50.99. The impact to a portfolio due to this purchase was 4.63%. The holding were 1,016,916 shares as of .

Added: TAL Education Group (TAL)

TB Alternative Assets Ltd. added to a holding in TAL Education Group by 171.93%. The purchase prices were between $30.98 and $39.56, with an estimated average price of $34.89. The stock is now traded at around $40.00. The impact to a portfolio due to this purchase was 4.55%. The holding were 1,109,925 shares as of .

Added: SINA Corp (SINA)

TB Alternative Assets Ltd. added to a holding in SINA Corp by 532.15%. The purchase prices were between $34.41 and $46.71, with an estimated average price of $40.84. The stock is now traded at around $41.59. The impact to a portfolio due to this purchase was 3.67%. The holding were 587,900 shares as of .

Added: YY Inc (YY)

TB Alternative Assets Ltd. added to a holding in YY Inc by 226.84%. The purchase prices were between $51.77 and $72.71, with an estimated average price of $60.82. The stock is now traded at around $59.64. The impact to a portfolio due to this purchase was 2.33%. The holding were 315,071 shares as of .

Added: JD.com Inc (JD)

TB Alternative Assets Ltd. added to a holding in JD.com Inc by 177.98%. The purchase prices were between $26.17 and $32.2, with an estimated average price of $30.23. The stock is now traded at around $31.24. The impact to a portfolio due to this purchase was 0.78%. The holding were 228,500 shares as of .

Added: Zillow Group Inc (Z)

TB Alternative Assets Ltd. added to a holding in Zillow Group Inc by 1553.73%. The purchase prices were between $29.37 and $51.35, with an estimated average price of $39.9. The stock is now traded at around $31.27. The impact to a portfolio due to this purchase was 0.58%. The holding were 110,800 shares as of .

Sold Out: Freeport-McMoRan Inc (FCX)

TB Alternative Assets Ltd. sold out a holding in Freeport-McMoRan Inc. The sale prices were between $8.71 and $11.94, with an estimated average price of $10.27.

Sold Out: United States Steel Corp (X)

TB Alternative Assets Ltd. sold out a holding in United States Steel Corp. The sale prices were between $10.34 and $15.83, with an estimated average price of $12.88.

Sold Out: New Oriental Education & Technology Group Inc (EDU)

TB Alternative Assets Ltd. sold out a holding in New Oriental Education & Technology Group Inc. The sale prices were between $90.53 and $113.66, with an estimated average price of $104.69.

Sold Out: Vale SA (VALE)

TB Alternative Assets Ltd. sold out a holding in Vale SA. The sale prices were between $10.28 and $14.04, with an estimated average price of $12.12.

Sold Out: Snap Inc (SNAP)

TB Alternative Assets Ltd. sold out a holding in Snap Inc. The sale prices were between $14.02 and $17.89, with an estimated average price of $15.99.

Sold Out: Ecopetrol SA (EC)

TB Alternative Assets Ltd. sold out a holding in Ecopetrol SA. The sale prices were between $15.29 and $19.18, with an estimated average price of $17.33.

Reduced: Pinduoduo Inc (PDD)

TB Alternative Assets Ltd. reduced to a holding in Pinduoduo Inc by 97.71%. The sale prices were between $19.14 and $36.67, with an estimated average price of $26.71. The stock is now traded at around $33.74. The impact to a portfolio due to this sale was -4.65%. TB Alternative Assets Ltd. still held 19,800 shares as of .

Reduced: Facebook Inc (FB)

TB Alternative Assets Ltd. reduced to a holding in Facebook Inc by 69.12%. The sale prices were between $177.1 and $204.87, with an estimated average price of $190.12. The stock is now traded at around $189.55. The impact to a portfolio due to this sale was -2.03%. TB Alternative Assets Ltd. still held 17,600 shares as of .

Reduced: Tencent Music Entertainment Group (TME)

TB Alternative Assets Ltd. reduced to a holding in Tencent Music Entertainment Group by 32.27%. The sale prices were between $12.57 and $15.99, with an estimated average price of $14.08. The stock is now traded at around $13.50. The impact to a portfolio due to this sale was -1.71%. TB Alternative Assets Ltd. still held 896,900 shares as of .

Reduced: Yelp Inc (YELP)

TB Alternative Assets Ltd. reduced to a holding in Yelp Inc by 50.03%. The sale prices were between $31.77 and $38.21, with an estimated average price of $34.56. The stock is now traded at around $33.61. The impact to a portfolio due to this sale was -0.67%. TB Alternative Assets Ltd. still held 72,506 shares as of .

Reduced: Alphabet Inc (GOOG)

TB Alternative Assets Ltd. reduced to a holding in Alphabet Inc by 52.63%. The sale prices were between $1097.95 and $1250.41, with an estimated average price of $1182.53. The stock is now traded at around $1243.64. The impact to a portfolio due to this sale was -0.29%. TB Alternative Assets Ltd. still held 900 shares as of .



Here is the complete portfolio of TB Alternative Assets Ltd.. Also check out:

1. TB Alternative Assets Ltd.'s Undervalued Stocks
2. TB Alternative Assets Ltd.'s Top Growth Companies, and
3. TB Alternative Assets Ltd.'s High Yield stocks
4. Stocks that TB Alternative Assets Ltd. keeps buying