Columbia Wanger

Columbia Wanger

Last Update: 08-12-2016

Number of Stocks: 198
Number of New Stocks: 36

Total Value: $8,623 Mil
Q/Q Turnover: 20%

Countries: USA DEU
Details: Top Buys | Top Sales | Top Holdings  Embed:

Columbia Wanger Watch

  • Columbia Wanger Boosts LivaNova, Sells Stericycle

    Columbia Wanger (Trades, Portfolio) manages a portfolio composed of 198 stocks with total value of $8.623 billion. The following are its largest trades of the second quarter:


    The guru bought 2,207,192 shares in LivaNova PLC (LIVN) with an impact of 1.29% on the portfolio.

      


  • Undervalued Stocks with Low Price-Earnings Ratios

    The following stocks are trading with wide margins of safety, according to the DCF calculator and some of them have very low price-earnings (P/E) ratios. GuruFocus' All-in-One Screener can be used to find similar stocks.


    Amerco Inc. (UHAL) has a market cap of $6.88 billion and a GuruFocus business predictability rating of 2 of 5 stars. The stock has a price of $350.88 per share with a P/E ratio of 14.77 and according to the DCF calculator, is trading with a margin of safety of 51%, since its fair value is $710.28. During the last 12 months, the price of the stock has dropped by 5% and is now 19.69% below its 52-week high and 14.79% above its 52-week low.

      


  • Bargain Stocks With Growing Earnings

    Companies with growing EPS are often good investments as they can return a good profit to investors. Here is a selection of the most undervalued companies, according to the DCF calculator, that have a five-year growing EPS.


    Earnings per share of Signature Bank (SBNY) grew by 23% over the last five years and according to the DCF calculator, the stock at the price of $124.13 is undervalued and is trading with a margin of safety of 43%.

      


  • Is Now the Time to Invest in Motorcycle Companies?

    The motorcycle industry and the oil industry have an interesting relationship.


    When gas prices are high, many consumers turn to motorcycles to bring their transportation budgets under control. They will sometimes choose other options, such as riding bicycles, walking or taking public transportation, but many consumers prefer the freedom of personal vehicle ownership; thus, when gas prices are high and cars are seen as too expensive to operate, sales of fuel-efficient motorcycles go up, sometimes way up.

      


  • Guru Stocks That Outperform the S&P 500

    The following are some of the stocks that outperformed the Standard & Poor's 500 Index over the last 12 months and were bought by gurus during the last quarter.


    Federal Realty Investment Trust (FRT), with a market cap of $11.87 billion, has outperformed the S&P 500 Index by 22.4% during the last 12 months. Currently three gurus are holding the company that has returned 16%-plus year to date and 94%-plus during the last five years; it is now trading with a P/E(ttm) ratio of 48.37, and according to the DCF calculator it looks overpriced by 465% at the price of $167.35. Over the last 12 months the company’s revenue has grown by 6% and EPS has grown by 10%.

      


  • Chuck Royce's Largest 2nd-Quarter Trades

    Chuck Royce (Trades, Portfolio), portfolio manager for Royce Pennsylvania Mutual Fund since 1972, is one of the pioneers in small-cap investing and enjoys one of the longest tenures of any active mutual fund manager. During the second quarter he traded the following stocks:


    The guru reduced his stake in UniFirst Corp. (UNF) by 21.25% with an impact of -0.26% on the portfolio.

      


  • 10 Years of Strong Returns: 51job, Under Armour

    GuruFocus’ All-In-One Screener helps to find profitable companies with 10-year positive returns, strong profitability and growing EPS.


    Under Armour Inc. Class C. (UA.C)

      


  • Columbia Wanger Sells Out Textura

    Columbia Wanger sold its stake in Textura Corp. (NYSE:TXTR) at a price of $26.39 per share on April 30.


    Columbia Wanger originally purchased 360,284 shares of Textura during the second quarter of 2014 at an average price of $20.36. Since its initial purchase, Columbia Wanger has added to its stake in Textura six times before reducing its position by 46.25% during the first quarter. Columbia Wanger then sold out its remaining shares in the second quarter for a net loss of 15% on its investment over the previous two years.

      


  • Stocks Columbia Wanger Continues to Buy

    Columbia Wanger (Trades, Portfolio) has a portfolio composed of 181 stocks, several of which have been bought for the last two quarters:


    Lumos Networks Corp. (LMOS)

      


  • Columbia Wanger Sells Out 3 Stakes in Portfolio

    Columbia Wanger (Trades, Portfolio) sold out three stakes on April 30 – Select Comfort Corp. (NASDAQ:SCSS), Cvent Inc. (NYSE:CVT) and Textura Corp. (NYSE:TXTR).


    Before the divestitures Columbia Wanger (Trades, Portfolio) was the leading guru shareholder in all three. Two of the companies are slated to be sold this year.

      


  • Columbia Wanger Sells Out of Amber Road

    Columbia Wanger (Trades, Portfolio) Asset Management is an investment firm that is based in Chicago. The firm primarily focuses on investing in small-cap companies and servicing investment companies, as well as pension and profit sharing plans. The company currently has 18 accounts totaling an estimated $20.4 billion in assets under management. Its operations include 80 employees and is categorized as providing investment advisory services to 25 clients.


    In the first quarter, Columbia Wanger (Trades, Portfolio) Asset Management sold out of Amber Road Inc. (NYSE:AMBR).

      


  • Columbia Wanger Sells 3 Stakes

    Columbia Wanger (Trades, Portfolio) Asset Management sold out three stakes in its portfolio on March 31, making seven divestitures for the guru since the start of the year.


    In the transaction that had the greatest impact on its portfolio, Columbia Wanger (Trades, Portfolio) sold its 10,681,664-share stake in Bankrate Inc. (NYSE:RATE), a New York-based financial services company, for $9.17 per share. The divestiture had a -1.42% impact on Columbia Wanger (Trades, Portfolio)’s portfolio.

      


  • Most-Bought Small Cap Stocks During 4th Quarter

    Small cap companies are generally defined as those with capitalizations between $300 million and $2 billion. While these smaller companies tend to present more risk and volatility than larger stocks, they also have a chance of higher returns and tend to have much less coverage from analysts and the media.


    GuruFocus’ All-in-One Screener provides more than 150 filters to sort investment ideas, including a revenue filter to sort by capitalization. Using the screener, the following are four of the most popular small-cap stocks bought by the gurus during the fourth quarter.

      


  • Stake Reductions Have Greater Impacts on Columbia Wanger's Portfolio Than New Buys

    Columbia Wanger (Trades, Portfolio) bought eight new stakes in the fourth quarter, but the guru reduced its holdings in just as many companies that had greater impacts on Columbia Wanger (Trades, Portfolio)’s portfolio.


    The guru’s most significant fourth-quarter transaction was the sale of nearly 45% of its stake in Donaldson Co. Inc. (NYSE:DCI), a Bloomington, Minnesota-based filtration company. Columbia Wanger (Trades, Portfolio) sold 5,125,950 shares for an average price of $29.48 per share. The deal had a -1.15% impact on the guru’s portfolio.

      


  • Columbia Wanger Invests in Stake in iRobot

    Columbia Wanger (TradesPortfolio) Asset Management purchased a 1,253,920-share stake in iRobot Corp. (NASDAQ:IRBT) in the fourth quarter.


    iRobot was founded in 1990 by Massachusetts Institute of Technology (MIT) roboticists with the vision of one day making practical robots a reality. iRobot builds robots for two segments of its business. For the home, it builds the award-winning Roomba, which is a self-cleaning, self-driving vacuum cleaner that cleans on its own without requiring any human assistance. For businesses, iRobot builds and manufactures robots that can provide remote human presence anywhere in the world.

      


  • Columbia Wanger Ups Stake in Fiesta Restaurant

    Columbia Wanger (Trades, Portfolio) manages a portfolio composed of 186 stocks with a total value of $12.5 billion. The fund increased its stake in many stocks during the fourth quarter.


    The fund increased its stake in Fiesta Restaurant Group Inc. (FRGI) by 36.38% with an impact of 0.16% on the portfolio.

      


  • Columbia Wanger Continues to Buy Hertz, Fossil

    Columbia Wanger (Trades, Portfolio) Asset Management has been buying the following stocks for at least the last two quarters.


    Sanmina Corp. (SANM)

      


  • Columbia Wanger Boosts Stake in Textura

    In one of a series of transactions at the end of the fourth quarter, Chicago-based financial planner Columbia Wanger (Trades, Portfolio) Asset Management raised its stake in Textura Corp. (NYSE:TXTR), a Deerfield, Illinois-based construction software solutions company, by more than 5%.


    Columbia Wanger (Trades, Portfolio) acquired 116,200 shares for an average price of $21.58 per share. The transaction had a 0.02% impact on Columbia Wanger (Trades, Portfolio)’s portfolio.

      


  • Columbia Wanger Exits Several Stakes During 4th Quarter

    Global asset manager Columbia Wanger (Trades, Portfolio) exited its position in many stocks during the fourth quarter.


    The fund sold out its stake in Donaldson Co. Inc. (DCI) with an impact of 2.58% on the portfolio.

      


  • Colin Moore: No 'Spreading Risk' in Current Market Like 2008

    Colin Moore, global chief investment officer at Columbia Threadneedle Investments, attributed the market pullback to too high expectations for growth. The current correct is allowing for a rebalancing of expectations and is not the start of a 2008-style recession, he told CNBC this afternoon.
      


  • Columbia Wanger's Largest Buys and Additions

    Taking a disciplined approach and identifying the risks to pursue consistent returns, as well as interpreting the latest economic and market trends. This is the investment philosophy of the firm Columbia Wanger (Trades, Portfolio), which manages a portfolio of $12.5 billion composed of 186 stocks. During the third quarter, the firm bought nine new stocks and increased more than 80 of its existing stakes.


    The following are the most heavily weighted buys based on the impact the transaction had on the firm’s total assets.

      


  • MasterCard, Visa and Lamar Advertising Are Among Chuck Akre's Stocks With High Dividend Yields

    Chuck Akre (Trades, Portfolio), founder of Akre Capital Management LLC, has nine stocks in his portfolio that are high dividend producers.


    Akre has been in the securities business since 1968 and continues to be the primary person responsible for his firm's investment advisory services and investment selection. Akre likes to buy companies with strong business models demonstrating consistent earnings growth, high return on equity or high compound growth rate in book value per share.

      


  • Mattress Firm's Stock Plummets After Beating Estimates

    Mattress Firm Holding Corp (NASDAQ:MFRM) operates as a specialty retailer of mattresses and related products and accessories in the U.S. Shares of the company tumbled almost 5% in Monday’s trading after reporting better-than-expected earnings for its fiscal third quarter ended Nov. 3.


    Earnings per share increased by 48% to 67 cents per share compared to 45 cents per share in the same period the year before. Excluding special items, the adjusted earnings came in at 82 cents per share, beating estimates by 1 cent. Further, revenue rose 50.7% year-over-year to $699.5 million and beats by $38.87 million, due to incremental sales from acquired and new stores, and comparable-store sales growth of 3.8%.

      


  • Stocks Bill Frels Keeps On Buying

    Bill Frels (Trades, Portfolio) is the portfolio manager at Mairs & Power, the investment advisory firm where he started in 1992. Mairs & Power Inc. is a small firm whose strength and success has resulted from applying a conservative growth investment approach consistently for more than 70 years.


    Frels manages a portfolio of 174 stocks with a total value of $6,398 million, and the following are the stocks he has been buying for at least the last two quarters

      


  • Columbia Wanger Sells Nearly Half of Stake in SEI Investments

    Columbia Wanger (Trades, Portfolio) manages mutual funds for its clients, but it applies its disciplined, methodical approach to its own investment decisions as well. In the third quarter, that mostly meant selling part or all of stakes in its portfolio, although the firm did make some new investments, too.


    Columbia Wanger (Trades, Portfolio)’s most attention-grabbing transaction of the third quarter was its reduction, by more than 47%, of its stake in SEI Investments Company (NASDAQ:SEIC), an Oaks, Pa.-based financial services company. Columbia Wanger (Trades, Portfolio) sold 3,986,132 shares for an average price of $50.9 per share. The deal had a -1.26% impact on Columbia Wanger (Trades, Portfolio)’s portfolio.

      


  • Columbia Wanger Reduces Position in SPS Commerce

    Columbia Wanger (Trades, Portfolio) reduced its stake in SPS Commerce Inc. (NASDAQ:SPSC), a Minneapolis-based provider of Cloud-based supply chain management software, by nearly 18% on Oct. 31.


    Less than a week earlier, SPS Commerce announced a solution that will combine SPS Commerce’s platform with MYOB Group Ltd.’s accounting and enterprise resource planning (ERP) software, which serve more than 12 million companies. It is expected that the arrangement will help vendors and retailers respond more efficiently to consumer buying shifts.

      


  • Columbia Wanger Sells Four Stakes in Portfolio

    Columbia Wanger (Trades, Portfolio) reported activity in five existing stakes in its portfolio on Sept. 30, reducing one and selling four.


    The four stakes the firm sold were Caesarstone Sdot-Yam Ltd. (NASDAQ:CSTE), Cogent Communications Holdings Inc. (NASDAQ:CCOI), Liquidity Service Inc. (NASDAQ:LQDT) and Marlin Business Services Corp. (NASDAQ:MRLN). The firm reduced its position in World Acceptance Corp. (NASDAQ:WRLD).

      


  • Columbia Value and Restructuring Fund Q2 2015 Commentary

    Fund performance


     Class A shares of Columbia Value and Restructuring Fund returned 1.70% (excluding sales charge) for the second quarter, outperforming both the Russell 1000 Value Index and the S&P 500 Index. For monthly fund performance information, please visit columbiathreadneedle.com/us.

      


  • Undervalued Stocks Among Chuck Royce's Recent Buys

    Chuck Royce (Trades, Portfolio) is the president, co-chief investment officer and portfolio manager of Royce & Associates LLC, a hedge fund with a $23,670 million portfolio composed of 1211 stocks. According to GuruFocus' All-In-One screener, the following are the companies he recently bought that are trading with a wide margin of safety.


    During second quarter 2015, he increased his stake in World Acceptance Corp. (WRLD) by 20%, and the company looks undervalued at the current price of $36. The DCF calculator gives a fair value of $351.87 with a current margin of safety of 90%. GuruFocus users gives as fair value half the price suggested by the DCF calculator, with $171.66 that is the average price after 13 votes.

      


  • Euclid Advisors' Largest Buys During the Second Quarter

    At the end of the second quarter of 2015, hedge fund Euclid Advisors reported a total value of its portfolio of $5,065 million, with a decrease of 6.96% since the previous quarter. During the quarter, it bought 249 new stocks and increased 97 of its stakes. The following are the most heavily weighted buys during the quarter.



      


  • Columbia Wanger Sells 22 Stakes in Second Quarter

    Chicago-based Columbia Wanger (Trades, Portfolio) serves mostly investment companies, managing mutual funds for its clients. It prides itself on taking a restrained approach, pinpointing risks to achieve consistent returns.


    Columbia Wanger (Trades, Portfolio) bought 13 new stakes in the second quarter, but it was the stakes the firm sold out that got the most attention. Columbia Wanger (Trades, Portfolio) sold 22 stakes in the second quarter.

      


  • Mariko Gordon's Highest-Performing Stocks

    Mariko Gordon (Trades, Portfolio), CFA, is the founder of Daruma Capital Management. She started the firm in 1995 with zero assets. The firm is 100% employee-owned and manages $2.3 billion for public and corporate pension plans, endowments, foundations and individuals.


    Her portfolio is composed of 48 stocks and has a total value of $2,237 million with 5% Q/Q turnover; the following are the stocks of her portfolio with the highest return since her last trade on Q1 2015

      


  • Denver-Based Cimarex Energy Is Facing Problems

    In this article, let's take a look at Cimarex Energy Co. (NYSE:XEC), an $11.73 billion market cap company, which is an independent oil and gas exploration and production company with operations in the Mid-Continent, the Permian Basin and the Gulf of Mexico.


    Fund's positions

      


  • Arnold Schneider's Undervalued stocks trading with low P/E

    Arnie Schneider is president, chief investment officer and principal of Schneider Capital Management which is an employee-owned institutional investment manager located in Wayne, Pennsylvania. The company helps clients produce superior results over time through a disciplined, value-style investment approach and professional service. He manges a portfolio composed of 97 stocks and seven of them were bought during the first quarter of the year. Total value of the portfolio is $790Mil with 17% Q/Q Turnover.


    The following are stocks that look undervalued according to the Discounted Cash Flow model and that are trading with very low P/E so they are even trading at very cheap price.

      


  • Predictable and Undervalued Companies - Part I

    With these articles, I want to highlight all the companies that according to GuruFocus have a predictable business and are undervalued according to the Price/DCF (Average). I also apply another filter to those results to give you just the companies that have a significant EPS growth rate.


    When a company is undervalued but earnings are growing, we can believe that sooner or later Mr. Market will take care of the price.

      


  • Ametek Offers Good Opportunities for Growth

    In this article, let's take a look at Ametek Inc. (NYSE:AME), a $12.84 billion market cap company, which is a leading global niche-market manufacturer of electronic instruments and electro-mechanical devices.


    Growth Drivers

      


  • A Look at Columbia Wanger's Recent Stock Picks

    Columbia Wanger (Trades, Portfolio) has over 100 years of experience as one of the nation's largest asset managers and many of the funds consistently recieve 4 or 5-star ratings from Morningstar.


    Last week, the firm announced its launching of the Columbia Adaptive Alternatives Fund (CLAAX), a liquid alternative mutual fund that allows retail investors access to a diverse portfolio of alternative investments.

      


  • Steven Cohen Adds New Holding in Pier 1

    Steven Cohen (Trades, Portfolio) of Point72 Asset Management purchased a new holding in Pier 1 Imports (NYSE:PIR) on Sept. 18, increasing his stake in the chain of home furnishings stores to 4.98%, according to GuruFocus’ Real Time Picks.


    Cohen increased his holdings to more than 470,000 shares in September 2013 when Pier 1’s stock rose to one of its highest points at $22.61. The hedge fund manager then sold almost 97% of his stake when the prices began to decrease.

      


  • Columbia Select Large-Cap Value Fund

    Fund performance


    Excluding sales charges, Class A shares of Columbia Select Large-Cap Value Fund underperformed the fund’s benchmark, the Russell 1000 Value Index, for the quarter ending June 30, 2014, returning 3.77% vs. 5.10%. Stock selection was decidedly positive in a number of industries, particularly oil exploration and production, but those results were more than offset by lagging individual performers in food, banking, pharmaceuticals, information technology and refining. For up-to-date performance information, please check online at columbiamanagement.com.

      


  • WRLD: Potential Amid Political Correctness

    Run your eye over the top listings on the GuruFocus Undervalued Predictable screener - somewhere there you’ll see WRLD, World Acceptance Corporation. On Friday, September 19, 2014, it sat atop the list, by virtue of the fact its price is a whopping 88% below its Discount Cash Flow value.


    Had you taken a look at the same screener a few months ago, you might have seen WRLD in the same area. And, that prompts us to ask, if it’s selling at such a discount, how come investors haven’t begun accumulating it and consequently pulling up its price and moving it down or off the Undervalued Predictable screener?

      


  • Steven Cohen Has a Track Record of Impressive Returns

    In this article, let´s see Steven Cohen (Trades, Portfolio)´s return, a guru who has a net worth of about $12 billion, and in a wealth ranking is situated in the place 19 in the industry and 43 in the U.S.; continues having impressive returns. He had generated average annual returns of 30%, on top of the hedge-fund industry, since SAC Capital launched in 1992.


    SAC Capital

      


  • Three Insider Buys at 52-Week Lows

    Over the past month three companies have reported insider buys as their price hits or nears 52-week lows. Looking at insider buys while they’re trading at low prices can offer an excellent time to buy into a company or further your research on the company. Peter Lynch once offered that insiders will sell their shares in a company for many reasons, but they will only invest it if they think that the share price will rise.


    The following four companies are trading at or within 5% of their 52-week low share price and reported insider buy(s) over the past 30 days.

      


  • BUSE: A Regional Bank Back on Track

    On April 22, 2014 First Busey Corporation (NASDAQ:BUSE), announced a 25% increase in its annual dividend. In making the announcement, the Illinois-based regional bank cited "strong financial performance".


    At current prices and an annual dividend of 20-cents, the stock yields around 3.5%.

      


  • Columbia Wanger Shuffles Two

    As reported by the GuruFocus Real Time Picks, Columbia Wanger (Trades, Portfolio) has recently shuffled two companies’ stocks. The guru-rated fund upped its holdings in SPS Commerce Inc (SPSC) and decreased its stake in IFM Investments (CTC). As one of the 10 largest management firms in the U.S., Columbia Management Investment Advisers oversees $300 billion in a variety of mutual funds, closed-end funds and other products.

    SPS Commerce   


  • Insider Buys at 52-Week Lows

    Over the past week four companies have reported multiple insider buys as their price hits or nears 52-week lows. Looking at insider buys while they’re trading at low prices can offer an excellent time to buy into a company or further your research on the company. Peter Lynch once offered that insiders will sell their shares in a company for many reasons, but they will only invest it if they think that the share price will rise.


    The following four companies are trading at or within 5% of their 52-week low share price and reported insider buy(s) over the past week.

      


  • Columbia Wanger’s Top Five Year-End Holdings

    The guru ranked fund recently released its fourth quarter portfolio holdings.  These holdings boasted 301 stocks, with 26 of these being new, valued at $26.181 billion.  The following five stocks are Columbia Wanger (Trades, Portfolio)’s top five holdings.


    Ametek Inc. (AME)

      


  • Apparel for Anti-Bullies – ANF Stretches to Address Tough Year When Style Isn’t Enough

    With weak back-to-school sales and a slow holiday anticipated, Abercrombie & Fitch Company (NYSE:ANF) is not only turning to sales outside of the US but also kicking off a socially relevant fashion statement here at home. Last month the company unveiled a cause marketing campaign that gets a graphic anti-bullying t-shirt message in front of school students. Teaming up with a bullying expert and a celebrity spokesperson for a wearable cause is an excellent way to reach target youth consumers, increases sales, generate buzz and make a difference. The cross-country campaign features Cali Linstrom, a champion of anti-bullying and current high school senior in Chicago.

    But why is all of this extra-curricular activity necessary for an apparel manufacturer? It’s creative marketing, especially when prices remain flat in the face of increasing production costs in an industry that faces increasing uncertainty. The apparel market in the US weighs in for about 28% of the global market, at a value of $331 billion, according to Statista. So it’s understandable that Abercrombie & Fitch, like other major apparel makers, would focus on greener pastures outside the US to offset flat or declining sales at home. Further, Trefis reported that Abercrombie & Fitch had low inventory issues in the first fiscal quarter of 2013, and it hurt their comparable store sales.  


  • Gurus Hold High-Gaining ‘A-List’ Tech Stocks

    Today’s theme is the letter “A,” representing amazing gains on advanced technology stocks in companies beginning with the letter A. In the first half of 2013, billionaire investors were trading these ‘A-list’ technology stocks from the S&P500, including Amphenol Corporation (NYSE:APH), Akamai Technologies Inc. (NASDAQ:AKAM) and Analog Devices Inc. (NASDAQ:ADI). These companies were screened for their billionaire stakeholders, high gains, recent insider trading and yield.

    Amphenol Corporation (NYSE:APH)  


  • Group Insiders Reporting Large Buys in the Energy Sector

    Over the past week there have been several large group insider buys. These buys come from various sectors of the market, but had their stock bought by two or more corporate executives. The following three companies reported the largest group of insider buys.

    SolarCity Corp (SCTY)
      


  • Advancing to Production, Super Cheap Metal Stocks Held by Billionaires

    This week the metals and mining sector has fallen to eighth position of the top ten U.S. sectors with the most companies on a 52-week-low. The metals and mining sector currently has 21 companies out of 173 on a 52-week low.

    Here’s a review of four companies with precious metals and mineral projects advancing into production. Companies were also screened for their low share prices along with billionaire stakeholders.  


  • FPA Capital's Third Quarter Top Five Stocks

    First Pacific Advisors Capital Fund and the FPA New Income Fund, reported their third quarter portfolio holdings earlier today. FPA Capital primarily invests in the stocks of smaller companies, and according to his investing philosophy they base their investments on the following criteria: strong balance sheets, free cash flow, an understandable and successful business strategy under capable management and unique business characteristics.

    Holding a fairly concentrated portfolio, the fund added one new stock to its holdings. This sets the total portfolio at 27 stocks valued at nearly $800 million. The following five companies represent the fund's top five stocks that hold the highest weighting in the FPA portfolio.  


  • Third Quarter Roundup - Three Gurus Reduce Three - AN, WBMD, RHP

    Third quarter reduction activity looks light so far in the ongoing portfolio research.

    Here’s a roundup review of three gurus, Edward Lampert of ESL Investments, Carl Icahn of Icahn Capital Management LP and Columbia Wanger Asset Management, all of whom reduced one company as of Sept. 30, 2013.  


  • On the Low - Four Insurance Stocks Held by Numerous Billionaires

    According to Deloitte’s Property & Casualty Industry Outlook for 2013: “…Economic recovery has been erratic over the past two years, but there have been gains in private sector hiring as well as auto sales, creating millions of new insurable exposures for property and casual carriers.” The report advises insurance companies to prepare to adapt to a “new normal,” and expect to ‘take two-steps forward, one-step back’ in a recovering economy.

    The GuruFocus Value Screen for finding 52-Week Lows shows the property and casual insurance sector with 10 companies out of 69 on a 52-week low. The low ratio is 0.14. These companies compete with strong regional insurers as well as major insurers like Travelers Companies Inc., Allstate Insurance Company, GEICO, and others, possibly safer bets broadly held by billionaires. GuruFocus research shows that gurus haven’t touched about half of the currently listed 52-week low insurance companies, but here are four companies selected for broad appeal to billionaire investors, as of the second quarter of 2013.  


  • Columbia Management's Top 5 New Buys with Positive Outlook

    As one of the 10 largest management firms in the U.S., Columbia Management Investment Advisers oversees $300 billion in a variety of mutual funds, closed-end funds and other products. The firm announced 24 new stock positions made in the second quarter, bringing about a 5% turnover in its portfolio totaling 310 stocks.

    In the second quarter, the firm found that positive housing and employment data pushed U.S. equity averages to all-time highs. While Federal Reserve Chairman Ben Bernanke’s tapering announcement caused a ripple, investors eventually realized that the Fed will tighten its easing program only in a “demonstrably strong U.S. economy,” Columbia said in its second quarter letter.  


  • Mid Cap Real Estate USA Stocks – Second Quarter REIT Trades

    In the second quarter of 2013, billionaire investors made 18 trades in the mid-cap real estate sector of U.S. companies. Here are several highlights focusing on new holdings.
      


  • Industry Sector Watch: Banks, REIT, Metals & Mining at 52-Week Low

    This week industry sectors with the highest number of 52-week lows are banking, REITs, and metals and mining, according to the GuruFocus special feature 52-week low Value Screen. This rapid-research tool allows you to surf through hundreds of USA stocks currently listed at a 52-week low and discover performance data along with ownership and trade information. Additionally, you can find thousands of other possible bargain stocks around the world using the GuruFocus 52-week low Value Screen for stocks in Canada, Europe, Asia, UK, Ireland, and Oceania. Finding stocks hitting new lows that are still held by billionaire investors and insiders can be an investment revelation.

    Here’s a look at three industry sectors with a stock highlight for each:  


  • Hudson Valley and Cincinnati Financial Report Large Insider Buys

    Over the past couple of days two banking companies have reported large insider buys coming from their CFOs. These buys come as the stocks hit a high in their price. The following two companies reported insider buys valued at over $100,000.

    Hudson Valley Holding Corp. (HVB)
      


  • Group Insider Buying Reported in Terreno Realty Corporation

    Four insiders made significant buys into Terreno Realty Corp. (TRNO) yesterday. These insider buys come as the company finished up its public offering of 5 million shares of common stock at a price of $18.25 per share. Today the price is trading up 5.81% from the public offering price.

    President Michael Coke added 3,000 shares to his stake. This cost him a total of $54,750. Coke now owns a total of 184,000 shares of Terreno.  


  • Columbia Wanger's May Portfolio Update

    Columbia Wanger is one of the largest asset managers in America. As of March 31, the firm held 312 stocks valued at over $23 billion. On May 31, Columbia Wanger bought one new stock and cut their holdings of another in half.

      


  • POL Reports Dividend Growth, Increased Guru Ownership and Insider Ownership

    PolyOne (POL) is a provider of specialized polymer materials, services and solutions with operations in specialty polymer formulations, color and additive systems, thermoplastic resin distribution and specialty vinyl resins. PolyOne is a mid-cap stock with a market capitalization of $2.35 billion.

    The company is primarily focused on becoming the premier provider of polymer materials on a global level. PolyOne has operations in North America, South America, Europe and Asia. The company operates in four reportable segments: Global Specialty Engineered Materials; Global Color, Additives and Inks; Performance Products and Solutions; and PolyOne Distribution.  


  • Go Fish in a Sea of 52-Week Lows

    Like stocks at a 52-week low, some excellent bottom fish also live in murky, shifting waters. In fact, some of the best investments and tastiest fish can come from the mysterious deep. It could pay to go fishing in a veritable sea of 52-week lows. Using the GuruFocus special feature 52-week low screener is a great place to start researching thousands of stocks, 558 of them U.S. companies, currently listed at a 52-week low.

    This week industry sectors with the most 52-weeks lows are:  


  • Insider Buys at 52-Week Lows

    Several insiders made buys this week as the price of their companies hit or neared 52-week low prices. The following insider buys were chosen as the insider buys at 52-week lows with the highest total transaction amounts.

    TrustCo Bank Corp NY (TRST)  


  • Insider Sells at 52-Week Lows

    This week we saw some large insider sells as their companies are nearing or are at their 52-week low prices. Note: These are not the only insider sells at 52-week lows. To view the complete list, click here.

    1.
    FactSet Research Systems (FDS)  


  • Insider Buys at 52-Week Low

    This past week we have seen several insiders buying back into their company when share prices are at or near their 52-week low. It is interesting to note these buys because researching these companies can help you find undervalued stocks that are oftentimes neglected by Wall Street.

      


  • Group Selling for Coca-Cola Highlights American Insider Trades This Week

    This week in American insider trading we saw an increase in buying amongst insiders in the petroleum and oil industries. This also mirrors the increase in insider transactions we saw in the oil and natural gas industries in the Canadian stock market. In the highlighted insider sells there was an increase in groups of insiders making sells in large corporations such as Coca-Cola and Tractor Supply.

      


  • More Legal Woes, ITT Educational Services (ESI) at 52-Week Low

    The GuruFocus 52-week low screener reveals that ITT Educational Services Inc. (NYSE:ESI) is at a 52-week low of $12.01 (the high was $74.55). According to the GuruFocus Value Screen for 52-week lows, ESI is 83.9% off its high. But top Gurus Columbia Wanger and Westport Asset Management are holding on to small chunks, and ESI insider trading has been slow this quarter.

      


  • Large Retailers Report Insider Transactions

    This week has already seen some significant insider transactions from companies with big names. Interestingly, all of these transactions come from large corporations involved in the retail industry.

    1. Dollar General (DG)  


  • Insider Buys at 52-Week Lows

    This week, we have seen several insiders buying back into their company when share prices are at or near their 52-Week Low. It is interesting to note these buys because researching these companies can help you find under-valued small cap stocks that are oftentimes overlooked by Wall Street.

    1. Windstream Corp. (WIN)  


  • American Insider Trades March 15-21

    This week in American insider trading we saw a lot of corporate executives making big buy backs into their companies. Some notable buys came from the medical and financial industries. We also saw several large insider sells from companies like Trulia, Proto Labs, and Coca-Cola Enterprises.

      


  • Insider Buy for Dresser-Rand Group Highlights Oil and Gas Industries

    On March 8 the CEO and president of Dresser-Rand Group Inc. (DRC) added almost 18,000 shares to his stake. This insider trade marks the first insider buy for Dresser-Rand since 2008 and the first insider trade since May of last year.

    CEO and President Vincent Volpe bought 17,680 shares of Dresser-Rand at about $57.02 per share. His total purchase amount was $1,008,113. Volpe now owns at least 418,141 shares of his company. Since this purchase the price per share, DRC has gone up 2.98%.  


  • Columbia Management's Colin Moore Discusses Dow Near All-Time High



  • Weekly Guru Bargains Highlights: HMSY, MLNX, AAPL, MMP, LQDT

    According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

    HMS Holdings Corporation (NASDAQ:HMSY): Down 21% Since Jim Simons Bought in the Quarter Ended on 2012-09-30  


  • Columbia Management Comments on General Mills

    We closed our position in General Mills (GIS) during the quarter. The diversified food products maker is a high-quality name, but management addressed the explosion in demand for the Greek yogurt too late in our view. (Yogurt is approximately 9% of sales at General Mills.) Additionally, rising input costs for cereal and increasing competition in the category have been squeezing net margins. With declining potential for stock gains, we elected to close the position.
    From Columbia Wanger’s fourth quarter commentary.  


  • Columbia Management Comments on Freeport McMoRan

    We continue to have a positive view of industrials (and materials) companies. Relative underperformance in the materials sector was largely driven by new portfolio holding Freeport McMoRan (NYSE:FCX). Freeport McMoRan is the world's largest publicly traded copper company; we added the stock to the portfolio in October. The company has global reserves of copper, gold and other metals, a strong balance sheet, and, despite weakness in the global economy, generates significant free-cash-flow, even at lower copper prices. Freeport McMoRan shares fell during the quarter after the company announced the acquisition of an oil and gas company. (Investors would have preferred that the company remain focused on copper and metals.) We believe the long-term demand for metals remains positive, particularly from China and Asia, where large infrastructure projects continue to move forward, and expect Freeport McMoRan to recover as it returns to trading in line with the price of copper.

    From Columbia Wanger’s fourth quarter commentary.  


  • Columbia Select Large-Cap Value Fund Q4 Letter

    Fund performance Excluding sales charge, Class A shares of Columbia Select Large-Cap Value Fund outperformed its benchmark, the Russell 1000 Value Index for the fourth quarter, returning 4.67% vs. the benchmark's 1.52%. Top sector-level contributors to relative return included financials and energy (due to stock picking). Top sector-level detractors to relative return included materials and consumer discretionary (also due to stock picking). For up-to-date performance, please visit columbiamanagement.com.

    Portfolio sector allocation  


  • Columbia Wanger Becomes 10.8% Owner of Exa Corp.

    From today’s GuruFocus Real Time Picks reports, mutual fund company Columbia Wanger has increased its Exa Corp. (NASDAQ:EXA) stake by 816.78 percent, turning the miniscule position into 10.8 ownership of the company’s outstanding shares.

    Massachusetts-based Exa is simulation-driven software products and services provider, largely serving the transportation market through its array of products that help companies test such things as fluid flow and heat transfer. Through its simulation software, Exa enables companies to improve the efficiencies of their design and engineering processes as well as improve costs, without having to spend money on expensive physical prototypes and tests.  


  • The Newly Rebalanced Buffett-Munger Portfolio

    Our GuruFocus Buffett-Munger portfolio has officially been rebalanced for 2013. Off to a 0.94 percent positive start, compared to the S&P 500’s 1.17 percent rise so far, we anticipate that the Buffett-Munger will perform solidly this year continuing to use the top-performing strategies of the renowned Gurus that the portfolio was named after.

    Below is a summary and breakdown of our basket of 25 stocks. Make sure to check the full list of the portfolio on GuruFocus Buffett-Munger Portfolio. If you can’t view the portfolio, make sure to sign up as a Premium Member at Memberships at GuruFocus to take advantage of our awesome limited-time deal of 15% off on GuruFocus Premium Annual Membership.  


  • Most Market Value Returns of the Buffett-Munger Model Portfolio

    As year’s end creeps up on us and GuruFocus counts down the days until it will rebalance its top-performing Buffett-Munger Model Portolio, let’s turn our focus towards the stocks in the lineup that delivered the most in market value year to date.

    There are currently 36 companies that appear in the GuruFocus Buffett-Munger Model Portolio, 10 of which have surged in value throughout the year by more than 20 percent. Below are the top five stocks from the list with the highest price changes this year.  


  • Tremors in California — Is This a Trend? Columbia White Paper

    Given recent headlines out of California, municipal bond investors would likely be surprised to learn that municipal bankruptcies in 2012 are actually below those of 2011, both in number and dollar amount, and that 2011’s filings were in turn lower than those in 2010. Overall municipal defaults and bankruptcies remain exceedingly low. However, with developments in California in recent weeks, a municipal investor could be forgiven for presuming that a tectonic shift in municipal credit quality was underway. Over a period of several weeks, Stockton and Mammoth Lakes filed for bankruptcy and San Bernardino and Compton are now actively exploring the possibility. While troubling in that they occurred so close together, these cities (specifically Stockton, San Bernardino and Compton) represent very troubled credits, both economically and fiscally, pushed to the edge by the housing bust and/or by poor or negligent management.

    We believe that a municipal bankruptcy continues to carry significant costs, in terms of expense, political backlash and most important, access to market capital when it is needed most. As such, we disagree with those who now believe the stigma of bankruptcy is wearing off and that we are facing an onslaught of new filings. For the vast majority of municipalities, we expect a bankruptcy filing will remain a last ditch effort, once all other fiscal options have been exhausted.  


  • Questions Cloud 2013 Economic Outlook: Columbia Management

    Chief Economist Marie Schofield follows up her recent commentary, “The weight of uncertainty,” with a review of the challenges and risks facing the economy today, as well as an outlook for 2013.

    2013 remains a wildcard in our view — keyed off the unknown size of the fiscal adjustment next year and the hit to global growth from the eurozone crisis. Large or small, it means downside risks to growth.  


  • Columbia Value and Restructuring Fund Second Quarter Commentary

    Fund performance Class A shares of Columbia Value and Restructuring Fund returned -6.10% (excluding sales charge) for the second quarter. The fund underperformed both the Russell 1000 Value Index and the S&P 500 Index, which returned -2.20% and -2.75% respectively. For up-to-date performance information, please check online at columbiamanagement.com.

    Market overview  


  • Weekly Guru Bargains Highlights: DCI, ANF, FWLT, JNPR, CRR

    According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

    Donaldson Company, Inc. (NYSE:DCI): Down 49% Since Columbia Wanger Bought In the Quarter Ended on 2012-03-31  


  • Columbia Wanger Q2 Investment Strategy Outlook

    The Columbia Management Asset Allocation Team meets to review global economic investment conditions and markets. Team members discuss and evaluate the relative attractiveness of equities,  fixed-income and alternative investments within various sectors, investment styles, markets and countries. The consensus opinion of the team is published quarterly in the Investment Strategy Outlook.

    Q2 2012  


  • Top 5 Conviction Picks from Columbia Wanger

    Columbia Wanger and its history dates back to 100 years ago when it started to operate as asset manager. Today it is one of the largest ones nation wide.

    Its team, particularly named The Columbia Management Asset Allocation Team holds meetings every month to review the economic investment conditions and the markets. Its members discuss and evaluate whether equities are attractive or not, fixed-income and alternative investments in different industries, types of investments, markets and countries.  


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