Melvin Capital Management’s NetEase NTES Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2021 Q3	–	Sell	-1,650,000	Closed	-$190M	–	70
2021 Q2	$190M	Sell	1,650,000 -850,000	-34%	-$98M	1.09%	32
2021 Q1	$258M	Buy	+2,500,000	New	+$258M	1.47%	26
2017 Q2	–	Sell	-875,000	Closed	-$49.7M	–	69
2017 Q1	$49.7M	Buy	+875,000	New	+$49.7M	0.85%	27