J&P (China) Capital Management’s TAL Education Group TAL Stock Holding History

J&P (China) Capital Management’s Portfolio TAL Stock Details TAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-1,759,014	Closed	-$59.3M	–	11
2017 Q3	$59.3M	Buy	1,759,014 +54,000	+3%	+$1.52M	10.12%	3
2017 Q2	$34.8M	Buy	1,705,014 +157,620	+10%	+$3.1M	7.33%	3
2017 Q1	$28M	Buy	1,547,394 +59,010	+4%	+$855K	9.73%	3
2016 Q4	$17.6M	Hold	1,488,384	–	–	5.28%	3
2016 Q3	$17.6M	Hold	1,488,384	–	–	4.8%	4
2016 Q2	$15.4M	Hold	1,488,384	–	–	4.97%	3
2016 Q1	$12.3M	Buy	1,488,384 +253,200	+20%	+$2.02M	3.45%	3
2015 Q4	$9.57M	Sell	1,235,184 -146,400	-11%	-$998K	2.1%	7
2015 Q3	$7.4M	Buy	+1,381,584	New	+$7.45M	1.54%	11
2015 Q2	–	Sell	-1,985,964	Closed	-$11M	–	27
2015 Q1	$11M	Sell	1,985,964 -706,140	-26%	-$3.59M	1.55%	10
2014 Q4	$12.6M	Buy	+2,692,104	New	+$14.1M	1.28%	11

Other funds holding TAL

UBS AM Chicago, Illinois $481B AUM 26.39% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Tiger Global Management New York $22.8B AUM 30.07% 1-Year Est. Return

HIM

Hillhouse Investment Management Grand Cayman, Cayman Islands $3.13B AUM 7.29% 1-Year Est. Return

Serenity Capital Palo Alto, California $167M AUM

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

GAM

Greenwoods Asset Management Grand Cayman, Cayman Islands $4.35B AUM 149.74% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

J&P (China) Capital Management's TAL Position: Q4 2017 in Review

J&P (China) Capital Management sold out of TAL Education Group (TAL) in Q4 2017, closing a stake of 1,759,014 shares — an estimated $59.3M sold.

J&P (China) Capital Management first reported a position in TAL in Q4 2014 and held it in 11 quarters. The position peaked at $59.3M in Q3 2017. 280 funds tracked by Wall St. Rank hold TAL as of Q4 2017.

J&P (China) Capital Management reported no remaining TAL Education Group position as of Q4 2017 after selling out during the quarter.
J&P (China) Capital Management sold 1,759,014 TAL Education Group shares in Q4 2017, an estimated $59.3M.
J&P (China) Capital Management first reported a position in TAL Education Group in Q4 2014 and held it in 11 quarters.
J&P (China) Capital Management's TAL Education Group position peaked at $59.3M in Q3 2017.
280 funds tracked by Wall St. Rank held TAL Education Group as of Q4 2017.

Based on J&P (China) Capital Management's 13F filing for Q4 2017.