Cederberg Capital’s GDS Holdings GDS Stock Holding History

Cederberg Capital’s Portfolio GDS Stock Details GDS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q2	–	Sell	-2,123,005	Closed	-$39.6M	–	6
2023 Q1	$39.6M	Sell	2,123,005 -29,351	-1%	-$622K	13.47%	4
2022 Q4	$44.4M	Sell	2,152,356 -213,500	-9%	-$3.27M	14.75%	4
2022 Q3	$41.8M	Sell	2,365,856 -378,000	-14%	-$9.92M	16.26%	3
2022 Q2	$91.6M	Hold	2,743,856	–	–	24.28%	2
2022 Q1	$108M	Hold	2,743,856	–	–	26.94%	1
2021 Q4	$129M	Buy	2,743,856 +12,500	+0.5%	+$689K	25.62%	1
2021 Q3	$155M	Buy	2,731,356 +202,000	+8%	+$12.4M	20.1%	2
2021 Q2	$199M	Buy	2,529,356 +285,500	+13%	+$22.1M	17.86%	1
2021 Q1	$182M	Buy	2,243,856 +64,000	+3%	+$6.38M	13.39%	3
2020 Q4	$204M	Buy	2,179,856 +393,000	+22%	+$34.9M	7.5%	3
2020 Q3	$146M	Buy	1,786,856 +14,000	+0.8%	+$1.12M	15.27%	2
2020 Q2	$141M	Buy	+1,772,856	New	+$110M	17.46%	2

Other funds holding GDS

STT

Singapore Technologies Telemedia Singapore $396M AUM 59.06% 1-Year Est. Return

AMH

Aspex Management (HK) Central, Hong Kong $6.9B AUM 28.37% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

1WCM

12 West Capital Management New York $592M AUM 40.75% 1-Year Est. Return

Carlyle Group Washington, District of Columbia $10.6B AUM 11.25% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

TCM

Tekne Capital Management New York $237M AUM 62.98% 1-Year Est. Return

Cerity Partners New York $70.8B AUM 21.68% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Cederberg Capital's GDS Position: Q2 2023 in Review

Cederberg Capital sold out of GDS Holdings (GDS) in Q2 2023, closing a stake of 2,123,005 shares — an estimated $39.6M sold.

Cederberg Capital first reported a position in GDS in Q2 2020 and held it in 12 quarters. The position peaked at $204M in Q4 2020. 118 funds tracked by Wall St. Rank hold GDS as of Q2 2023.

Cederberg Capital reported no remaining GDS Holdings position as of Q2 2023 after selling out during the quarter.
Cederberg Capital sold 2,123,005 GDS Holdings shares in Q2 2023, an estimated $39.6M.
Cederberg Capital first reported a position in GDS Holdings in Q2 2020 and held it in 12 quarters.
Cederberg Capital's GDS Holdings position peaked at $204M in Q4 2020.
118 funds tracked by Wall St. Rank held GDS Holdings as of Q2 2023.

Based on Cederberg Capital's 13F filing for Q2 2023, filed 14 Aug 2023.