Robert Pitts‘ Steadfast Capital, after John Burbank and Passport Capital went into 58.com Inc. (NYSE:WUBA) last week, also disclosed a position in this newly public company. According to a filing with the SEC, Steadfast now holds a passive stake in the company, which contains slightly above 1.8 million Class A ordinary shares, equal to 7.61% of the class. The shares are held via a total of 904,377 ADR shares.
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