Discovery Capital Management’s NetEase NTES Stock Holding History

Discovery Capital Management’s Portfolio NTES Stock Details NTES Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-5,549,445	Closed	-$201M	–	119
2015 Q4	$201M	Sell	5,549,445 -4,893,955	-47%	-$152M	2.38%	8
2015 Q3	$251M	Buy	10,443,400 +4,933,775	+90%	+$127M	2.79%	6
2015 Q2	$160M	Buy	+5,509,625	New	+$147M	1.88%	13

Other funds holding NTES

OAG

Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

CCMH

Cornerstone Capital Management Holdings New York $14.3B AUM 33.3% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

CGI

Comgest Global Investors Paris, France $4.55B AUM 11.62% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

VAM

Vontobel Asset Management New York $18.1B AUM 28.09% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Overlook Holdings Tortola, British Virgin Islands $379M AUM 13.2% 1-Year Est. Return

Discovery Capital Management's NTES Position: Q1 2016 in Review

Discovery Capital Management sold out of NetEase (NTES) in Q1 2016, closing a stake of 5,549,445 shares — an estimated $201M sold.

Discovery Capital Management first reported a position in NTES in Q2 2015 and held it in 3 quarters. The position peaked at $251M in Q3 2015. 333 funds tracked by Wall St. Rank hold NTES as of Q1 2016.

Discovery Capital Management reported no remaining NetEase position as of Q1 2016 after selling out during the quarter.
Discovery Capital Management sold 5,549,445 NetEase shares in Q1 2016, an estimated $201M.
Discovery Capital Management first reported a position in NetEase in Q2 2015 and held it in 3 quarters.
Discovery Capital Management's NetEase position peaked at $251M in Q3 2015.
333 funds tracked by Wall St. Rank held NetEase as of Q1 2016.

Based on Discovery Capital Management's 13F filing for Q1 2016, filed 16 May 2016.