Value Partners’s NetEase NTES Stock Holding History

Value Partners’s Portfolio NTES Stock Details NTES Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-9,000	Closed	-$259K	–	23
2016 Q1	$259K	Buy	+9,000	New	+$270K	0.23%	18
2015 Q4	–	Sell	-1,335,525	Closed	-$32.1M	–	17
2015 Q3	$32.1M	Sell	1,335,525 -1,148,005	-46%	-$29.6M	24.88%	2
2015 Q2	$72M	Buy	+2,483,530	New	+$66.3M	35.68%	1
2015 Q1	–	Sell	-63,000	Closed	-$1.25M	–	22
2014 Q4	$1.25M	Sell	63,000 -14,500	-19%	-$277K	2.04%	17
2014 Q3	$1.33M	Sell	77,500 -143,920	-65%	-$2.44M	2.34%	18
2014 Q2	$3.47M	Buy	221,420 +101,850	+85%	+$1.45M	4.89%	7
2014 Q1	$1.61M	Buy	+119,570	New	+$1.73M	1.85%	19

Other funds holding NTES

CCMH

Cornerstone Capital Management Holdings New York $14.3B AUM 33.3% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

Credit Agricole Montrouge Cedex, France $38.1B AUM

CGI

Comgest Global Investors Paris, France $4.59B AUM 12.96% 1-Year Est. Return

VAM

Vontobel Asset Management New York $18.1B AUM 28.09% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Value Partners's NTES Position: Q2 2016 in Review

Value Partners sold out of NetEase (NTES) in Q2 2016, closing a stake of 9,000 shares — an estimated $259K sold.

Value Partners first reported a position in NTES in Q1 2014 and held it in 7 quarters. The position peaked at $72M in Q2 2015. 330 funds tracked by Wall St. Rank hold NTES as of Q2 2016.

Value Partners reported no remaining NetEase position as of Q2 2016 after selling out during the quarter.
Value Partners sold 9,000 NetEase shares in Q2 2016, an estimated $259K.
Value Partners first reported a position in NetEase in Q1 2014 and held it in 7 quarters.
Value Partners's NetEase position peaked at $72M in Q2 2015.
330 funds tracked by Wall St. Rank held NetEase as of Q2 2016.

Based on Value Partners's 13F filing for Q2 2016, filed 12 Aug 2016.