[Steven Romick](/guru/steven+romick/summary) ( [Trades](/StockBuy.php?GuruName=Steven+Romick) , [Portfolio](/holdings.php?GuruName=Steven+Romick) ), manager of the FPA Crescent Fund, disclosed this week that his fund’s top trades during the third quarter included the exchanging of its Alibaba Group Holding Ltd. ( [BABA](/stock/BABA/summary) , [Financial](/financials/BABA) ) and Baidu Inc. ( [BIDU](/stock/BIDU/summary) , [Financial](/financials/BIDU) ) holdings to Hong Kong-based shares ( [HKSE:09988](/stock/HKSE:09988/summary) , [Financial](/financials/HKSE:09988) )( [HKSE:09888](/stock/HKSE:09888/summary) , [Financial](/financials/HKSE:09888) ), a short position in the SPDR S&P 500 ETF Trust ( [SPY](/stock/SPY/summary) , [Financial](/financials/SPY) ), a position boost in Prosus NV ( [XAMS:PRX](/stock/XAMS:PRX/summary) , [Financial](/financials/XAMS:PRX) ) and reductions to its holdings in Naspers Ltd. ( [JSE:NPN](/stock/JSE:NPN/summary) , [Financial](/financials/JSE:NPN) )…