North of South Dumps $38.5 Million Vipshop Stake -- What Investors Should Know

North of South sold 2,262,683 shares in Vipshop Holdings during the first quarter; the estimated transaction value was $38.5 million based on quarterly average pricing. The transaction represented 3.5% of North of South Capital LLP's 13F assets under management Post-trade, the fund holds zero Vipshop shares.