Ariose Capital Management Ltd Buys TAL Education Group, Ctrip.com International Ltd, JD. ...

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- By insider

Investment company Ariose Capital Management Ltd buys TAL Education Group, Ctrip.com International Ltd, JD.com Inc, Trimble Inc, sells Momo Inc, Changyou.com Ltd, Baidu Inc, Vipshop Holdings Ltd, Melco Crown Entertainment Ltd during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, Ariose Capital Management Ltd. As of 2016-12-31, Ariose Capital Management Ltd owns 11 stocks with a total value of $307 million. These are the details of the buys and sells.

  • New Purchases: TAL, CTRP, JD, TRMB,

  • Reduced Positions: BIDU, BABA, COE,

  • Sold Out: MOMO, CYOU, VIPS, MPEL, NOAH, WB,


For the details of Ariose Capital Management Ltd's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Ariose+Capital+Management+Ltd

These are the top 5 holdings of Ariose Capital Management Ltd

  1. NetEase Inc (NTES) - 518,151 shares, 36.31% of the total portfolio.

  2. TAL Education Group (TAL) - 710,564 shares, 16.22% of the total portfolio. New Position

  3. Alibaba Group Holding Ltd (BABA) - 409,277 shares, 11.69% of the total portfolio. Shares reduced by 12%

  4. Ctrip.com International Ltd (CTRP) - 711,968 shares, 9.27% of the total portfolio. New Position

  5. China Biologic Products Inc (CBPO) - 238,841 shares, 8.36% of the total portfolio.

New Purchase: TAL Education Group (TAL)

Ariose Capital Management Ltd initiated holdings in TAL Education Group. The purchase prices were between $66.76 and $82, with an estimated average price of $73.33. The stock is now traded at around $76.35. The impact to the portfolio due to this purchase was 16.22%. The holdings were 710,564 shares as of 2016-12-31.

New Purchase: Ctrip.com International Ltd (CTRP)

Ariose Capital Management Ltd initiated holdings in Ctrip.com International Ltd. The purchase prices were between $39.97 and $48.2, with an estimated average price of $43.74. The stock is now traded at around $43.71. The impact to the portfolio due to this purchase was 9.27%. The holdings were 711,968 shares as of 2016-12-31.

New Purchase: JD.com Inc (JD)

Ariose Capital Management Ltd initiated holdings in JD.com Inc. The purchase prices were between $23.71 and $27.93, with an estimated average price of $26.06. The stock is now traded at around $26.90. The impact to the portfolio due to this purchase was 6.13%. The holdings were 740,603 shares as of 2016-12-31.

New Purchase: Trimble Inc (TRMB)

Ariose Capital Management Ltd initiated holdings in Trimble Inc. The purchase prices were between $25.34 and $30.73, with an estimated average price of $28.65. The stock is now traded at around $30.31. The impact to the portfolio due to this purchase was 5.7%. The holdings were 580,923 shares as of 2016-12-31.

Sold Out: Momo Inc (MOMO)

Ariose Capital Management Ltd sold out the holdings in Momo Inc. The sale prices were between $17.16 and $26.72, with an estimated average price of $22.07.

Sold Out: Changyou.com Ltd (CYOU)

Ariose Capital Management Ltd sold out the holdings in Changyou.com Ltd. The sale prices were between $21.22 and $28.1, with an estimated average price of $25.32.

Sold Out: Vipshop Holdings Ltd (VIPS)

Ariose Capital Management Ltd sold out the holdings in Vipshop Holdings Ltd. The sale prices were between $11.01 and $15.92, with an estimated average price of $12.93.

Sold Out: Melco Crown Entertainment Ltd (MPEL)

Ariose Capital Management Ltd sold out the holdings in Melco Crown Entertainment Ltd. The sale prices were between $15 and $19.66, with an estimated average price of $17.16.

Sold Out: Noah Holdings Ltd (NOAH)

Ariose Capital Management Ltd sold out the holdings in Noah Holdings Ltd. The sale prices were between $21.74 and $27.21, with an estimated average price of $24.04.

Sold Out: Weibo Corp (WB)

Ariose Capital Management Ltd sold out the holdings in Weibo Corp. The sale prices were between $40.6 and $55.85, with an estimated average price of $47.71.



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4. Stocks that Ariose Capital Management Ltd keeps buyingThis article first appeared on GuruFocus.