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Cortland Associates Reduces JD.com Stake by $11.67 Million Amid Intensifying Competition
ByAinvest
Wednesday, Jan 28, 2026 4:44 pm ET1min read
JD--
Cortland Associates has sold 373,236 shares of JD.com, worth $11.67 million, in a transaction that reduced the fund's JD.com position by $14.03 million. The sale was made during the fourth quarter of 2025, and the fund now holds 155,104 shares valued at $4.45 million. JD.com's stock price has declined by 24.7% over the past year, underperforming the S&P 500 by 40.76 percentage points.
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