Genesis Asset Managers, LLP Buys LiLAC Group, Cognizant Technology Solutions Corp, LiLAC Group, ...

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- By insider

Guernsey, Channel Islands, X0, based Investment company Genesis Asset Managers, LLP buys LiLAC Group, Cognizant Technology Solutions Corp, LiLAC Group, Infosys Ltd, Pricesmart Inc, sells Banco Santander (Brasil) SA, Liberty Global Group, QIWI PLC, Liberty Global Group, Luxoft Holding Inc during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, Genesis Asset Managers, LLP. As of 2016-12-31, Genesis Asset Managers, LLP owns 19 stocks with a total value of $2.4 billion. These are the details of the buys and sells.

  • New Purchases: PSMT

  • Added Positions: LILAK, CTSH, LILA, INFY, BABA, AMX, HDB, ITUB,

  • Reduced Positions: BAP, TX, CIB, AKO.B, KOS, CBD, LXFT, UGP, AKO.A,

  • Sold Out: BSBR, LBTYK, QIWI, LBTYA,


For the details of Genesis Asset Managers, LLP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Genesis+Asset+Managers%2C+LLP

These are the top 5 holdings of Genesis Asset Managers, LLP

  1. Cognizant Technology Solutions Corp (CTSH) - 8,436,600 shares, 19.48% of the total portfolio. Shares added by 29.77%

  2. Credicorp Ltd (BAP) - 2,248,223 shares, 14.62% of the total portfolio. Shares reduced by 3.48%

  3. Alibaba Group Holding Ltd (BABA) - 3,267,252 shares, 11.82% of the total portfolio. Shares added by 12.63%

  4. LiLAC Group (LILAK) - 9,015,476 shares, 7.86% of the total portfolio. Shares added by 228.36%

  5. Infosys Ltd (INFY) - 12,325,330 shares, 7.53% of the total portfolio. Shares added by 33.48%

New Purchase: Pricesmart Inc (PSMT)

Genesis Asset Managers, LLP initiated holdings in Pricesmart Inc. The purchase prices were between $81.97 and $92.4, with an estimated average price of $87.86. The stock is now traded at around $87.90. The impact to the portfolio due to this purchase was 0.58%. The holdings were 168,122 shares as of 2016-12-31.

Added: LiLAC Group (LILAK)

Genesis Asset Managers, LLP added to the holdings in LiLAC Group by 228.36%. The purchase prices were between $19.37 and $28.74, with an estimated average price of $23.43. The stock is now traded at around $22.50. The impact to the portfolio due to this purchase was 5.47%. The holdings were 9,015,476 shares as of 2016-12-31.

Added: Cognizant Technology Solutions Corp (CTSH)

Genesis Asset Managers, LLP added to the holdings in Cognizant Technology Solutions Corp by 29.77%. The purchase prices were between $49.71 and $57.1, with an estimated average price of $53.52. The stock is now traded at around $57.87. The impact to the portfolio due to this purchase was 4.47%. The holdings were 8,436,600 shares as of 2016-12-31.

Added: LiLAC Group (LILA)

Genesis Asset Managers, LLP added to the holdings in LiLAC Group by 131.69%. The purchase prices were between $19.1 and $28.38, with an estimated average price of $23.75. The stock is now traded at around $23.35. The impact to the portfolio due to this purchase was 4.02%. The holdings were 7,817,504 shares as of 2016-12-31.

Added: Infosys Ltd (INFY)

Genesis Asset Managers, LLP added to the holdings in Infosys Ltd by 33.48%. The purchase prices were between $13.89 and $16.65, with an estimated average price of $15.01. The stock is now traded at around $14.82. The impact to the portfolio due to this purchase was 1.89%. The holdings were 12,325,330 shares as of 2016-12-31.

Added: HDFC Bank Ltd (HDB)

Genesis Asset Managers, LLP added to the holdings in HDFC Bank Ltd by 91.25%. The purchase prices were between $60.01 and $73.14, with an estimated average price of $66.93. The stock is now traded at around $60.68. The impact to the portfolio due to this purchase was 0.13%. The holdings were 113,229 shares as of 2016-12-31.

Sold Out: Banco Santander (Brasil) SA (BSBR)

Genesis Asset Managers, LLP sold out the holdings in Banco Santander (Brasil) SA. The sale prices were between $6.69 and $9.02, with an estimated average price of $7.84.

Sold Out: Liberty Global Group (LBTYK)

Genesis Asset Managers, LLP sold out the holdings in Liberty Global Group. The sale prices were between $28.47 and $33.06, with an estimated average price of $30.72.

Sold Out: QIWI PLC (QIWI)

Genesis Asset Managers, LLP sold out the holdings in QIWI PLC. The sale prices were between $12.36 and $15, with an estimated average price of $13.26.

Sold Out: Liberty Global Group (LBTYA)

Genesis Asset Managers, LLP sold out the holdings in Liberty Global Group. The sale prices were between $29.55 and $34.19, with an estimated average price of $31.6.

Reduced: Luxoft Holding Inc (LXFT)

Genesis Asset Managers, LLP reduced to the holdings in Luxoft Holding Inc by 22.13%. The sale prices were between $48.45 and $56.55, with an estimated average price of $53.29. The stock is now traded at around $60.35. The impact to the portfolio due to this sale was -0.05%. Genesis Asset Managers, LLP still held 77,053 shares as of 2016-12-31.



Here is the complete portfolio of Genesis Asset Managers, LLP. Also check out:


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4. Stocks that Genesis Asset Managers, LLP keeps buyingThis article first appeared on GuruFocus.