44 PRIMECAP Management Alibaba Group Holding Ltd Trades
PRIMECAP Management acquired 20.8M Alibaba Group Holding Ltd shares worth $2.72B. That's 1.98% of their equity portfolio (11th largest holding). The first Alibaba Group Holding Ltd trade was made in Q3 2014. Since then PRIMECAP Management bought shares 23 more times and sold shares on twenty occasions. The stake costed the investor $2.2B, netting the investor a gain of 23% so far.
News about Alibaba Group Holding Ltd - ADR and PRIMECAP Management
Alibaba: Cloud Is Leading The Way For Margin Expansion
Alibaba Group Holding Limited's core China Commerce and Cloud businesses are accelerating, with Cloud revenue up 18% YoY and strong operating income growth. ...
Michael Burry's Alibaba Bet and the Broader Market Implications
Michael Burry, the founder of Scion Asset Management and renowned for his visionary bet against the housing market in 2008, continues to captivate the invest...
Saudi Arabia¡¯s PIF, Michael Burry¡¯s Scion ride the rally in Chinese stocks as they boost stakes in Alibaba and JD.com
Saudi Arabia¡¯s Public Investment Fund and Michael Burry¡¯s Scion Asset Management increased their holdings of Chinese large caps, while Singapore¡¯s Temasek re...
Massive News for Alibaba Stock Investors
Management is taking action, signaling it believes its shares are significantly undervalued.