Some Minor Portfolio Adjustment

I tweaked my China merger arb holdings a bit today. I took a little bit off the table in Integrated Silicon Solution (Ticker: ISSI) by reducing the holding to ~ 15% from ~20% of my portfolio. I sold some Integrated Silicon Solution at ~ $22.55 generating a net gain of ~3.5% (~27.90% annualized gain). I added to WuXi Pharmatech (Ticker: WX) at $44.15, which now make up ~ 20% of my portfolio. Finally, I exited my small position in Airmedia Group (Ticker: AMCN) at $5.49 generating a net gain of 1.83% (annualized gain of ~36.6%).