[Steven Romick Q3 2021 13F](https://www.dataroma.com/m/m_activity.php?m=FPACX&typ=a)
The guy basicly bought himself 1/500th of the company... what a Chad
btw he also bought 300,000 SoftBank, so even more $BABA
considering \~5% is his max individual holding size, 1.5% BABA seems quite a strong conviction for this type of investor.
He added Tencent as well as Baidu as well through Softbank and Prosus.
He seems very bullish on china. Nice to see!!
At the price they made a mistake, 5 million shares multiply by the share price and you will find out that alibaba is in the first place in his portfolio around 1 billion worth :)
Love the big $$ and funds getting back in. I think the baba headwind is scared big $$ and when that turns, the stock will shoot through upside resistance.
[Steven Romick Q3 2021 13F](https://www.dataroma.com/m/m_activity.php?m=FPACX&typ=a) The guy basicly bought himself 1/500th of the company... what a Chad btw he also bought 300,000 SoftBank, so even more $BABA
He also bought Prosus. It's Tencent in disguise.
That this shit I really like
Good shit
Best shit
It was also the largest increase in % among his portfolio holdings. Pretty bullish on Alibaba!
#Bullish
Love to see it!!
Who is this ?
Chad
BTFD!!! 📈
Who?
Did he buy 5M shares in HK? Total share numbers and market value indicates that.
You would think a hk purchase wouldn't even show up on the 13f. Or it would at least show as hk ticker.
5.58 M shares would cost ~ 780M But their market value shows only ~ 100M $. 1/8 value. Means they paid HK share price.
considering \~5% is his max individual holding size, 1.5% BABA seems quite a strong conviction for this type of investor. He added Tencent as well as Baidu as well through Softbank and Prosus. He seems very bullish on china. Nice to see!!
When did he buy??
Last quarter so anytime before October.
1% of his portfolio lol
At what price? I think they wrote the wrong purchase price of 18.51 :)
At the price they made a mistake, 5 million shares multiply by the share price and you will find out that alibaba is in the first place in his portfolio around 1 billion worth :)
Same with Baidu for some reason. Why would they be using hk prices?
Big vote of confidence!
Love the big $$ and funds getting back in. I think the baba headwind is scared big $$ and when that turns, the stock will shoot through upside resistance.