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Genesis Investment Management, LLP Buys Nu Holdings, Baidu Inc, Pinduoduo Inc, Sells Infosys, ...

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London, X0, based Investment company Genesis Investment Management, LLP (Current Portfolio) buys Nu Holdings, Baidu Inc, Pinduoduo Inc, Agora Inc, sells Infosys, Alibaba Group Holding, Yandex NV, JD.com Inc, NetEase Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Genesis Investment Management, LLP. As of 2021Q4, Genesis Investment Management, LLP owns 19 stocks with a total value of $2 billion. These are the details of the buys and sells.

  • New Purchases: NU, BIDU, API,

  • Added Positions: PDD, MELI,

  • Reduced Positions: INFY, BABA, YNDX, JD, NTES, LILAK, BAP, OZON, HEPS, OPRA, LILA, EDU, HDB, IBN,


For the details of Genesis Investment Management, LLP's stock buys and sells,
go to https://www.gurufocus.com/guru/genesis+investment+management%2C+llp/current-portfolio/portfolio

These are the top 5 holdings of Genesis Investment Management, LLP

  1. Alibaba Group Holding Ltd (BABA) - 2,445,496 shares, 14.33% of the total portfolio. Shares reduced by 28.82%

  2. JD.com Inc (JD) - 3,863,907 shares, 13.36% of the total portfolio. Shares reduced by 28.8%

  3. NetEase Inc (NTES) - 2,462,561 shares, 12.37% of the total portfolio. Shares reduced by 29.07%

  4. Yandex NV (YNDX) - 3,969,232 shares, 11.85% of the total portfolio. Shares reduced by 28.88%

  5. MercadoLibre Inc (MELI) - 100,589 shares, 6.69% of the total portfolio. Shares added by 8.71%

New Purchase: Nu Holdings Ltd (NU)

Genesis Investment Management, LLP initiated holding in Nu Holdings Ltd. The purchase prices were between $8.94 and $11.85, with an estimated average price of $9.82. The stock is now traded at around $7.690000. The impact to a portfolio due to this purchase was 6.23%. The holding were 13,460,335 shares as of 2021-12-31.

New Purchase: Baidu Inc (BIDU)

Genesis Investment Management, LLP initiated holding in Baidu Inc. The purchase prices were between $136.3 and $180.96, with an estimated average price of $155.95. The stock is now traded at around $152.940000. The impact to a portfolio due to this purchase was 2.72%. The holding were 370,412 shares as of 2021-12-31.

New Purchase: Agora Inc (API)

Genesis Investment Management, LLP initiated holding in Agora Inc. The purchase prices were between $14.79 and $28.5, with an estimated average price of $21.99. The stock is now traded at around $12.470000. The impact to a portfolio due to this purchase was 0.78%. The holding were 978,687 shares as of 2021-12-31.

Added: Pinduoduo Inc (PDD)

Genesis Investment Management, LLP added to a holding in Pinduoduo Inc by 64.56%. The purchase prices were between $54.01 and $100.64, with an estimated average price of $78.43. The stock is now traded at around $61.530000. The impact to a portfolio due to this purchase was 1.98%. The holding were 1,751,996 shares as of 2021-12-31.



Here is the complete portfolio of Genesis Investment Management, LLP. Also check out:

1. Genesis Investment Management, LLP's Undervalued Stocks

2. Genesis Investment Management, LLP's Top Growth Companies, and

3. Genesis Investment Management, LLP's High Yield stocks

4. Stocks that Genesis Investment Management, LLP keeps buyingThis article first appeared on GuruFocus.