Mohnish Pabrai Buys Alibaba, Curbs Micron Stake - News Summed Up

Mohnish Pabrai Buys Alibaba, Curbs Micron Stake


Renowned investor Mohnish Pabrai (Trades, Portfolio), who is the managing partner of Pabrai Funds, disclosed in his portfolio for the first quarter that he entered a position in Alibaba Group Holding Ltd. (BABA, Financial) and trimmed his Micron Technology Inc. MU (MU, Financial) stake. Baillie Gifford (Trades, Portfolio) is Alibaba's largest guru shareholder with a 0.98% stake. Ken Fisher (Trades, Portfolio), PRIMECAP Management (Trades, Portfolio), Frank Sands (Trades, Portfolio), Pioneer Investments (Trades, Portfolio), Chase Coleman (Trades, Portfolio), Chris Davis (Trades, Portfolio), Dodge & Cox, Sarah Ketterer (Trades, Portfolio), Ron Baron (Trades, Portfolio), David Tepper (Trades, Portfolio), Ray Dalio (Trades, Portfolio), Al Gore (Trades, Portfolio), Daniel Loeb (Trades, Portfolio), Philippe Laffont (Trades, Portfolio), Tom Russo (Trades, Portfolio), Tweedy Browne (Trades, Portfolio) and Jeremy Grantham (Trades, Portfolio) also have significant positions in the stock. Micron TechnologyWith an impact of -9.78% on the equity portfolio, the guru curbed his Micron Technology (MU, Financial) stake by 14.74%, selling 268,322 shares. Other top guru shareholders include Li Lu (Trades, Portfolio), Tepper, Pioneer, Seth Klarman (Trades, Portfolio), Andreas Halvorsen (Trades, Portfolio), Steven Cohen (Trades, Portfolio), the Parnassus Endeavor Fund (Trades, Portfolio) and Laffont.


Source: Forbes May 14, 2021 19:41 UTC



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