A few days after the position was opened, Netease Youdao’s stock price rose from $ 14.08 to $ 23.1.
As the position reports submitted by major investment institutions to the SEC became public, their position changes were also exposed one by one. As the most popular education stocks of Gaoyou Capital and Jinglin Assets, their positions are a note of industry investors’ attention.
According to the collation, there are four education stocks currently held by Gaojing Capital: Good Future, New Oriental, Boxerle, Puxin Education . During the quarter, two stocks were reduced and the other two were unoperated.
Golden Capital Education Stock Positions
Specifically, the future of holding the fourth position is good. This quarter reduced 2.762 million shares. Gaofeng Capital bought a good future as early as the fourth quarter of 2014, and currently holds 11.4652 million shares, corresponding to a market value of US $ 550 million. At the same time, the average purchase price was $ 30.76 per share. Good Future has now nearly doubled its stock price to $ 59.12 per share, which is quite profitable.
Unlike the good future, New Oriental is the 22nd holding of Gao Capital. The earliest purchase in the first quarter of 2019, The average purchase price of 102.01 US dollars / share, now rose to 141.53 US dollars / share. Now holds 603,200 shares, corresponding to a market value of 73.139 million US dollars. In terms of operations, this quarter reduced 2.158 million shares.
For Park Sun Education and Bo Shi Le, Gao Ye Capital did not make any money. Among them, Bossler’s stock price dropped from $ 11.9 to $ 8.85; Park Sun Education also fell from $ 17.55 to $ 7.75. But even so, the total market value of the two stocks is less than $ 40 million. Compared with the benefits, it is completely negligible.
For the other ten billion private equity Jinglin assets, it currently holds a total of 6 education shares. The highest position is still New Oriental and Good Future. The difference is that Jinglin Assets prefers New Oriental. This quarter, Netease Youdao was also newly built.
Positions of Jinglin Asset Education Shares
Specifically, New Oriental is the third largest holding with a market capitalization of US $ 240 million. The average buying price was $ 73.43 per share, and the stock price has now nearly doubled to $ 141.53. The first time to buy was in the third quarter of 2016, and it also increased its holdings of 112,000 shares in the quarter.
It is worth mentioning that Jinglin Assets has significantly reduced its holdings for the future in the last quarter, reducing its holdings by 656,600 shares, a reduction of up to 52%. The average purchase price disclosed at the time was $ 30.62. This quarter, Jinglin’s assets increased by 463,600 shares, and the average purchase price also increased to 38.14 US dollars / share. It is currently the 7th largest holding with 52.213 million US dollars. The stock price has also nearly doubled.
In the newly opened NetEase Youdao, the average purchase price is $ 14.08 per share, with a quantity of 175,200 shares. But in just a few trading days, Netease’s share price has risen to 23.1 USD / share . It currently holds USD 2.467 million and is the 22nd largest holding.
In addition, Jinglin Assets also holds Park Shin Education, Elite Education, and Dane Technology. But none of the above three stocks performed well. Danei Technology’s stock price fell from $ 10.92 to $ 2.2, Elite Education fell from $ 10.75 to $ 5.54, and Park Shin Education fell from $ 7.75 to $ 6.28.
Among the large funds, Temasek did not operate after increasing its holdings for the first time in the last quarter. It is currently the 48th largest holding. The number of shares held is 315,800 shares, with a market value of 10.812 million US dollars. After Carlyle Capital bought Elite Education in the first quarter of 2018, its positions remained unchanged. The average purchase price is $ 10.04, holding 31.017 million shares, and a market value of $ 207 million. The fourth largest holding.