GIM
WUBA

Genesis Investment Management’s 58.com Inc WUBA Stock Holding History

Genesis Investment Management’s Portfolio WUBA Stock Details WUBA Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2020
Q3 		– Sell
-4,824,511
Closed -$260M – 18
2020
Q2 		$260M Sell
4,824,511
-2,048,867
-30% -$106M 7.88% 5
2020
Q1 		$321M Sell
6,873,378
-297,949
-4% -$17.1M 11.99% 2
2019
Q4 		$464M Sell
7,171,327
-963,214
-12% -$54.2M 11.85% 2
2019
Q3 		$397M Buy
+8,134,541
New +$450M 11.6% 3

Other funds holding WUBA

PL
Parkwood LLC Cleveland, Ohio $1.4B AUM 33.21% 1-Year Est. Return
BG
Bollard Group Boston, Massachusetts $3.29B AUM 4.86% 1-Year Est. Return

Genesis Investment Management's WUBA Position: Q3 2020 in Review

Genesis Investment Management sold out of 58.com Inc (WUBA) in Q3 2020, closing a stake of 4,824,511 shares — an estimated $260M sold.

Genesis Investment Management first reported a position in WUBA in Q3 2019 and held it in 4 quarters. The position peaked at $464M in Q4 2019. 2 funds tracked by Wall St. Rank hold WUBA as of Q3 2020.

  • Genesis Investment Management reported no remaining 58.com Inc position as of Q3 2020 after selling out during the quarter.
  • Genesis Investment Management sold 4,824,511 58.com Inc shares in Q3 2020, an estimated $260M.
  • Genesis Investment Management first reported a position in 58.com Inc in Q3 2019 and held it in 4 quarters.
  • Genesis Investment Management's 58.com Inc position peaked at $464M in Q4 2019.
  • 2 funds tracked by Wall St. Rank held 58.com Inc as of Q3 2020.

Based on Genesis Investment Management's 13F filing for Q3 2020, filed 23 Oct 2020.