Sumway Development’s Alibaba BABA Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2017
Q4
Sell
-711,450
Closed -$123M 2
2017
Q3
$123M Hold
711,450
28.79% 1
2017
Q2
$100M Buy
711,450
+294,750
+71% +$36.4M 24.59% 3
2017
Q1
$46.2M Hold
416,700
20.4% 3
2016
Q4
$48.5M Buy
416,700
+81,500
+24% +$7.85M 21.94% 3
2016
Q3
$35.5M Buy
+335,200
New +$31.1M 14.34% 3

Other funds holding BABA

Sumway Development's BABA Position: Q4 2017 in Review

Sumway Development sold out of Alibaba (BABA) in Q4 2017, closing a stake of 711,450 shares — an estimated $123M sold.

Sumway Development first reported a position in BABA in Q3 2016 and held it in 5 quarters. The position peaked at $123M in Q3 2017. 1,223 funds tracked by Wall St. Rank hold BABA as of Q4 2017.

  • Sumway Development reported no remaining Alibaba position as of Q4 2017 after selling out during the quarter.
  • Sumway Development sold 711,450 Alibaba shares in Q4 2017, an estimated $123M.
  • Sumway Development first reported a position in Alibaba in Q3 2016 and held it in 5 quarters.
  • Sumway Development's Alibaba position peaked at $123M in Q3 2017.
  • 1,223 funds tracked by Wall St. Rank held Alibaba as of Q4 2017.

Based on Sumway Development's 13F filing for Q4 2017.