Cortland Associates Sheds JD Shares Worth $11.7 Million, as Competition Heats Up

Cortland Associates disclosed in a January 28, 2026, SEC filing that it sold 373,236 shares of JD.com (NASDAQ:JD), an estimated $11.67 million transaction based on quarterly average pricing. What Happened According to a January 28, 2026, SEC filing, Cortland Associates sold 373,236 shares of JD.com during the fourth quarter, an estimated $11.67 million trade based on the period's average price. The value of the fund’s JD.com position declined by $14.03 million over the quarter, a figure that incorporates ...