Driehaus Capital Management’s NetEase NTES Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q3	–	Sell	-252,810	Closed	-$21.7M	–	432
2020 Q2	$21.7M	Sell	252,810 -479,715	-65%	-$36.1M	0.53%	53
2020 Q1	$47M	Buy	732,525 +234,575	+47%	+$15.4M	1.57%	6
2019 Q4	$30.5M	Buy	+497,950	New	+$29.2M	0.81%	24
2018 Q1	–	Sell	-103,465	Closed	-$7.14M	–	562
2017 Q4	$7.14M	Buy	+103,465	New	+$6.46M	0.27%	91
2017 Q3	–	Sell	-378,525	Closed	-$22.8M	–	561
2017 Q2	$22.8M	Sell	378,525 -77,575	-17%	-$4.45M	0.84%	19
2017 Q1	$25.9M	Sell	456,100 -14,185	-3%	-$764K	0.89%	21
2016 Q4	$20.3M	Buy	+470,285	New	+$22.4M	0.72%	25
2016 Q3	–	Sell	-11,505	Closed	-$445K	–	585
2016 Q2	$445K	Buy	+11,505	New	+$358K	0.02%	447
2016 Q1	–	Sell	-315,720	Closed	-$11.4M	–	621
2015 Q4	$11.4M	Sell	315,720 -1,557,130	-83%	-$48.5M	0.39%	60
2015 Q3	$45M	Buy	1,872,850 +635,195	+51%	+$16.4M	1.64%	9
2015 Q2	$35.9M	Buy	+1,237,655	New	+$33M	1.25%	12
2013 Q4	–	Sell	-523,690	Closed	-$7.61M	–	509
2013 Q3	$7.61M	Buy	+523,690	New	+$7.16M	0.31%	111