Boston Firm Sells Nearly All Alibaba Shares

Asset manager cuts 99.8% stake in Chinese e-commerce giant

Mar. 31, 2026 at 8:36am

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Boston Common Asset Management LLC significantly reduced its holdings in Alibaba Group Holding Limited (NYSE:BABA) during the fourth quarter, selling all but 2,430 shares of the Chinese e-commerce company's stock.

Why it matters

Alibaba is one of the world's largest e-commerce platforms, and its stock performance is closely watched by investors. The large sell-off by Boston Common Asset Management could signal broader concerns about Alibaba's outlook or the Chinese tech sector in general.

The details

According to a recent SEC filing, Boston Common Asset Management owned 2,430 shares of Alibaba at the end of the fourth quarter, down from 1,160,952 shares held at the end of the prior quarter. The firm sold 99.8% of its Alibaba position during the three-month period.

  • Boston Common Asset Management filed its Q4 2025 holdings with the SEC on March 31, 2026.

The players

Boston Common Asset Management LLC

A Boston-based investment management firm that focuses on sustainable and responsible investing.

Alibaba Group Holding Limited

A Chinese multinational conglomerate that operates a portfolio of online marketplaces and platforms, including Alibaba.com, Taobao, and Tmall.

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The takeaway

The significant sell-off of Alibaba shares by Boston Common Asset Management could signal broader concerns about the Chinese tech sector's outlook, though the specific reasons behind the firm's decision are not yet clear.