Kylin Management’s NetEase NTES Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-384,000	Closed	-$21.5M	–	15
2018 Q1	$21.5M	Buy	384,000 +48,500	+14%	+$2.72M	3.83%	7
2017 Q4	$23.2M	Sell	335,500 -378,000	-53%	-$26.1M	2.85%	7
2017 Q3	$37.6M	Buy	+713,500	New	+$37.6M	4.13%	8