Rheos Capital Works Inc. purchased a new position in shares of Alibaba Group Holding Limited ( NYSE:BABA – Free Report ) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 184,000 shares of the specialty retailer's stock, valued at approximately $18,801,000. Several other hedge funds have also modified their holdings of BABA. Fairfield Bush & CO. purchased a new stake in shares of Alibaba Group in the first quarter valued at approximately $53,000.

https://www.dailypolitical.com/2023/07/24/rheos-capital-works-inc-takes-18-80-million-position-in-alibaba-group-holding-limited-nysebaba.html

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