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LBN Advisers Ltd Historic Quarter Change: Foreign Stocks, Reduced

LBN Advisers Ltd historic quarter change: Foreign Stocks, Reduced

In share positions in stocks (depositary receipts and foreign shares traded over the counter), over 4 quarters from 2014-09-30 to 2015-09-30, LBN Advisers Ltd opened 3 positions, added to 2, reduced 2 and sold out of 3.

  • Q2 2015: Stock BIDU; Country of operation —; Class SPONSORED ADR REP A; Shares before 161,100.
  • Q4 2014: Stock TAL; Country of operation —; Class ADS REPSTG COM; Shares before 436,000.

Each consecutive pair of Form 13F-HR filings compared (SEC CIK 1617878), 4 quarters: Q3 2015 (2015-06-30 to 2015-09-30, filed 2015-10-29); Q2 2015 (2015-03-31 to 2015-06-30, filed 2015-07-29); Q1 2015 (2014-12-31 to 2015-03-31, filed 2015-04-23); Q4 2014 (2014-09-30 to 2014-12-31, filed 2015-02-06). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2014-09-30.

QuarterStockCountry of operationClassShares beforeShares afterShare changeValue beforeValue afterValue changeFiled
Q2 2015BIDU
BAIDU INC
SPONSORED ADR REP A161,10050,100-111,000$33,573,000$9,974,000-$23,599,0002015-07-29
Q4 2014TAL
TAL EDUCATION GROUP
ADS REPSTG COM436,000147,800-288,200$15,233,000$4,152,000-$11,081,0002015-02-06

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