Howard Marks acquired 2.17 Million JD.com- ADR shares worth $62.1 Million. That's 1.12% of their equity portfolio (20th largest holding). The first JD.com- ADR trade was made in Q2 2014. Since then Howard Marks bought shares seven more times and sold shares on four occasions. The investor's estimated purchase price is $73.6 Million, resulting in a loss of 16%.