Steven Cohen

Last Update: 04-26-2016

Number of Stocks: 666
Number of New Stocks: 206

Total Value: $12,124 Mil
Q/Q Turnover: 45%

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

Steven Cohen Watch

  • Steven Cohen Invests in Cynosure

    Steven Cohen (Trades, Portfolio) of Point72 Asset Management invested in a 731,500-share stake in Cynosure Inc. (NASDAQ:CYNO), a Westford, Massachusetts-based company that manufactures aesthetic medical devices, for a price of $46.27 per share on April 25.


    The acquisition had a 0.28% impact on Cohen’s portfolio.

      


  • 10 Years of Strong Returns: Priceline, Biogen

    According to GuruFocus' All-in-One Screener, the following stocks have had strong performances over the last 10 years with high and steady returns as well as profitability. EPS has also grown steadily with the companies' revenues. Most of these companies have great cash-to-debt ratios.


    KapStone Paper And Packaging Corp. (KS)

      


  • Manning & Napier Doubles Stake in Facebook

    Manning & Napier Advisors Inc. was founded in April 1970 by Bill Manning and Bill Napier and for more than four decades, it has been guiding individual and institutional clients toward their financial goals.


    The following are its most heavily weighted buys during the first quarter:

      


  • Twitter Wins Rights to Stream NFL Games

    Twitter (NYSE:TWTR), the San Francisco-based social networking service, has been awarded the rights to stream Thursday night National Football League games next fall, NFL Commissioner Roger Goodell announced Tuesday.


    According to reports, Twitter paid less than $10 million for the 10-game package. Twitter was awarded the rights over several competitors, including Verizon (NYSE:VZ), Yahoo! (NASDAQ:YHOO) and Amazon (NASDAQ:AMZN). Facebook (NASDAQ:FB) was another competitor, but it withdrew last week, sources have said.

      


  • Steven Cohen Buys Stake in Celator Pharmaceuticals

    Steven Cohen (Trades, Portfolio), founder of Point72 Asset Management, invested in a 2,255,000-share stake in Celator Pharmaceuticals Inc. (NASDAQ:CPXX), an Ewing, New Jersey-based oncology-focused biopharmaceutical company, on March 14. Cohen paid $1.68 per share in a transaction that had a 0.03% impact on the guru’s portfolio.


    Celator announced Tuesday that its CEO, Scott Jackson, will present a company overview at the 15th Annual Healthcare Conference in New York next week. A live webcast will be available on the investor section of Celator's website.

      


  • Low PS Stocks That Are Still Expensive

    According to GuruFocus' All-in-One Screener, the following are companies with a market cap above $5 billion that are trading with a very low P/S ratio.


    Progressive Corp. (PGR) is trading at about $35.48 with a P/S ratio of 1.00 and an estimated P/E multiple of 16.40. The company has a market cap of $20.73 billion and over the last 10 years, the stock has risen by 37%. During the last 52 weeks, the price has been as high as $35.50 and as low as $26.44.

      


  • Steven Cohen Acquires Stake in Adeptus Health

    Guru Steven Cohen purchased 721,066 shares of Adeptus Health Inc. (NYSE:ADPT) in the first quarter.


    Adeptus Health owns and operates First Choice Emergency Rooms, the network of independent freestanding emergency rooms in the U.S. The company operates approximately 81 facilities located in Houston, San Antonio and Austin, Texas, as well as in Colorado Springs, Colorado, and Denver. Adeptus Health has most recently expanded in Phoenix and Dallas.

      


  • Dan Loeb's Third Point Portfolio Highly Concentrated

    Daniel Loeb´s Third Point disclosed an equity portfolio valued at some $9.86 billion at the end of the fourth quarter of 2015. The equity portfolio is mainly invested in Health Care (53%), Materials (17%) and Consumer Discretionary (11%) stocks.


    Among the 10 largest holdings from Loeb’s equity portfolio (which compose 82.43% of the total portfolio value) at the end of the fourth quarter, the three top positions are Baxter International Inc. (NYSE:BAX), Allergan PLC (NYSE:AGN) and Amgen Inc. (NASDAQ:AMGN).

      


  • Steven Cohen Buys 5% of Growing Emergency Room Company Adeptus

    Investor Steven Cohen (Trades, Portfolio) has taken a 5.1% stake in a Texas-based, freestanding emergency room company called Adeptus Health Inc. (NYSE:ADPT). The billionaire’s new family office, Point 72 Asset Management, replaced his former hedge fund, SAC Capital Advisors, after it pleaded guilty to securities fraud in 2014.


    Point 72 held 666 long positions at the end of 2015 and has been an avid buyer of greater than 5% stakes in companies this year. Its seventh such acquisition year to date, the fund purchased 721,066 shares of Adeptus Health on March 18 and will take a passive role, according to the regulatory filing.

      


  • High Quality Stocks: Chipotle Mexican Grill, Dollar Tree Stores

    According to GuruFocus’ All-in-One Screener, the following stocks have a high business predictability rating, and at least five gurus are shareholders in the companies.


    Chipotle Mexican Grill Inc. (CMG)

      


  • Steven Cohen Bets Heavily on Rice Energy

    Guru Steven Cohen is the founder of Point72 Asset Management. The firm is headquartered in Stamford, Connecticut and maintains affiliated offices in New York, London, Hong Kong, Tokyo and Singapore. Point72 was founded in 2014 as a family office that manages Cohen’s multi billion dollar fortune after Cohen’s original hedge fund SAC Capital pleaded guilty to insider trading related charges. Point72 currently has approximately 1,000 employees, including more than 250 investment professionals. The firm currently owns 666 stocks with a total value of $12.124 billion.


    In the first quarter of 2016, Steven Cohen (Trades, Portfolio) added 5,615,988 shares of Rice Energy (NYSE:RICE) to his portfolio.

      


  • Cheap Stocks With Low P/E Ratios

    The following stocks are trading with a very low P/E ratio. Most of them are greatly undervalued, according to the DCF calculator.


    Visteon Corp. (VC) is trading with a P/E ratio of 1.49. According to the DCF calculator, the stock has a fair value of $16.48 while it is trading around $76.64. That means it is highly overpriced by 365%. The price has risen by 22% during the last 12 months and is now 37.0% below its 52-week high and 30.27% above its 52-week low.

      


  • Undervalued, Predictable Companies Include Monsanto and Western Union

    According to GuruFocus’ All-in-One Screener, the following stocks have a high business predictability rating, and at least five gurus are shareholders in the companies.


    Akamai Technologies Inc. (AKAM)

      


  • Both Insiders and Gurus Are Buying These 3 Companies

    GuruFocus has various tools and screeners available to make the quest for your next great investment a little bit more efficient. A tool that I am fond is the Double Buy screen. By employing it you can easily screen a list of stocks that have been tapped by both gurus and insiders. Both types of events tend to trigger my interest, but when they occur simultaneously, it is time to pay close attention. I regularly review the list, and today I want to highlight three stocks from the top 10 that really stand out to me because of the combined buying data.


    EXCO Resources (NYSE:XCO)

      


  • Cohen Becomes Advance Auto Parts' Leading Guru Shareholder

    Steven Cohen (Trades, Portfolio), founder and manager of SAC Capital Advisors, became Advance Auto Parts’ (NYSE:AAP) leading shareholder among the gurus with his fourth-quarter purchase of a 1,454,700-share stake in the stock.


    Cohen’s most significant fourth-quarter transaction was the reduction of his stake in Amazon.com Inc. (NASDAQ:AMZN), a Seattle-based ecommerce company, by nearly 99%. Cohen sold 610,100 shares for an average price of $633.28 per share. The deal had a -2.45% impact on Cohen’s portfolio.

      


  • Examining Kroger’s Valuation

    Kroger (NYSE:KR) is a $38.45 billion market cap company and will announce its Q4 earnings on March 3. According to the below chart, since the beginning of the February 2011, Kroger has outperformed the supermarket sector and its peers. However, 2016 has not been a good year for Kroger so far. Kroger's stock price has come down 6% on year to date basis, which is somewhat in line with the S&P 500, which has declined around 4%.


      


  • Solid Value in Steve Cohen's Avis Budget

    Despite being only one of 666 (ominous) holdings in Steven Cohen’s family office portfolio, the low price multiple, and recent gap down in market value has made the company’s stock possibly worth buying under $24.


    Just a year ago, the stock was trading in the low 60s, having turned the corner financially with many analysts estimating earnings to reach $3.60 by the end of next year. However, just a small multiple expansion to 10x from 8x would mean 50% gains for investors.

      


  • Should You Bet on Mattel Again?

    About a year ago, I wrote an article analyzing Mattel Inc. (NASDAQ:MAT), the $11.25 billion market cap toy company whose successful brands and products include Barbie dolls, Fisher-Price toys, American Girl dolls and books and Hot Wheels.


    Since then, the stock price has appreciated by almost 50%, and my bullish opinion at that time was based on its relative valuation and the ROE, among its drivers.

      


  • Nike Is a Good Bet at Current Price

    Nike Inc. (NYSE:NKE) is the world's leading designer and marketer of high-quality athletic footwear, athletic apparel and accessories. For a giant in the athletic footwear, apparel and equipment business, the competition is hard, but the firm has key attributes such as size, brand and competitive advantages that should help to maintain its leadership.


    The athletic apparel market can provide opportunities for other companies to grow its portion of the cake (market share). Apart from competition, the company faces some other risks, including weaker-than-expected revenue growth and changes in consumer demand. When looking at Nike’s principal drivers, we’ve got its innovation and marketing as the primary catalyst in all its markets (sports apparel or footwear market).

      


  • American Airlines Among Stocks Trading With Low P/E

    The following stocks are trading with a very low P/E ratio. Most of them are largely undervalued, according to the DCF calculator.


    USG Corp. (USG) is trading with a P/E ratio of 3.00. According to the DCF calculator, the stock has a fair value of $72.13, while it is trading at about $20.22. That means it is undervalued with a margin of safety of 72%. The price has dropped by 29% during the last 12 months and is now 38.50% below its 52-week high and 27.57% above its 52-week low.

      


  • Guru Heavily Invests in Oil Company

    Guru Steven Cohen added 3,311,000 shares of Callon Petroleum Co. (NYSE:CPE) to his portfolio in the first quarter.


    Callon Petroleum is an independent oil and natural gas company focused on exploration, development, acquisition and production of oil and natural gas. In 2013, the company completed its onshore strategic repositioning that began in 2009, shifting its operations from the offshore waters in the Gulf of Mexico to the onshore Permian Basin in Texas. The company implemented these strategic changes to improve flexibility and modify production plans based on the continuously changing environment and commodity prices. Callon Petroleum believes these new strategies will be advantageous in the future because of its extensive experience in the Permian Basin.

      


  • Gap, Qualcomm Are High-Yield Stocks Gurus Are Buying

    The following are companies with high and growing dividend yields that gurus are buying according to GuruFocus' All-in-One Screener.


    Ingersoll-Rand PLC (IR) has a trailing dividend yield of 2.26% with a three-year growth rate of 32.50% and a five-year growth rate of 22.70%. The stock is now trading with a trailing 12-month P/E multiple of 20.10 and an estimated forward P/E multiple of 11.60. During the last 12 months, the stock price has dropped by 24%.

      


  • Gurus Are Buying High-Yield Stocks Like WestRock, Target

    The following are companies with high and growing dividend yields that gurus are buying according to GuruFocus' All-in-One Screener.


    WestRock Co. (WRK) has a trailing dividend yield of 3.77% with a three-year growth rate of 38.90% and a five-year growth rate of 26%. The stock is now trading with a trailing 12-month P/E multiple of 10.50 and an estimated forward P/E multiple of 8.86. During the last 12 months, the stock price has dropped by 48%.

      


  • Popular Guru Stocks With High, Growing Yield

    The following are companies with high and growing dividend yields that gurus are buying according to GuruFocus' All-in-One Screener.


    KeyCorp (KEY) has a trailing dividend yield of 2.6% with a three-year growth rate of 35.70% and a five-year growth rate of 35.30%. The stock is now trading with a trailing 12-month P/E multiple of 10.43 and an estimated forward P/E multiple of 8.01. During the last 12 months, the stock price has dropped by 17%.

      


  • Potential Risk and Reward With Swift Transportation

    Swift Transportation Company (NYSE:SWFT) provides transportation services through an operating fleet of truckload equipment from over 40 terminals in or around key freight centers and traffic lanes. Swift has a high level of concentration among retail customers, especially discount and online retail, which should continue to be benefecial going forward.


      


  • Insiders Roundup: Top Buys, Sales of the Week

    The All-In-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "January 2016."


    According to the above filters, the following are the recent buys from company insiders in the past week.

      


  • 2015 Was a Good Year for Gun Companies

    Whether it is due to President Barack Obama’s pledge to make gun control a centerpiece of his final year in office or a byproduct of terrorism, both foreign and domestic, and concerns about greater regulation, U.S. gun sales and permit applications have soared.


    The last five weeks of 2015 ranked among the 10 biggest weeks ever for firearm background checks, and Black Friday was the single biggest day for gun purchases on record, with more than 185,000 background checks processed.

      


  • Steven Cohen Makes Eli Lilly, Kraft Heinz Top New Buys

    Steven Cohen (Trades, Portfolio) bought 258 new stocks during the third quarter. He is the founder and manager of SAC Capital Advisors, a Stamford, Connecticut-based hedge fund. Cohen manages a portfolio composed of 751 stocks with a total value of $12.74 billion.


    The guru’s most noteworthy third-quarter new buy was the purchase of a 1,469,300-share stake in Eli Lilly and Co. (LLY). Cohen paid an average price of $84.37 per share. The deal had a 0.97% impact on the portfolio, and the price dropped 1%. It was trading at $81.14 per share Thursday.

      


  • Alcoa Continues Sliding Waiting for an Upside Movement

    Alcoa (NYSE:AA), one of the world's largest producers of aluminum, alumina and engineered lightweight metal products used in a variety of different end markets, has been trading down since February 2015, when the last rally was seen.


    In 11 months, the stock plunged 45%.

      


  • Roundys Among Largest Insiders' Buys of the Week

    The All-In-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying/All Insider Selling to “$1,000,000+” and duration to "December 2015."


    According to the above filters, the following are the recent buys from company insiders in the past week.

      


  • Michael Price Buys Shares in Plains GP Holdings, MSB Financial, Boardwalk Pipeline Partners

    During the third quarter many stocks got new positions in the portfolio of Michael Price (Trades, Portfolio). He bought more than 100,000 shares in Plains GP Holdings LP (PAGP), MSB Financial Corp. (MSBF) and Boardwalk Pipeline Partners LP (BWP).


    Price is the 271st richest person in the world, according to Forbes. He has a value-based approach to investing. Price buys stock in out-of-favor small cap companies that are of good value.

      


  • John Burbank Has Big Losses on E-Commerce China, Sohu.com, Autohome

    John Burbank (Trades, Portfolio) sold many stocks during the third quarter. Some of them brought him some profits, but he lost on other investments. His biggest quarterly losses were 31%, 29% and 27% on E-Commerce China Dangdang Inc. (DANG), Sohu.com Inc. (SOHU) and Autohome Inc. (ATHM).


    Burbank is the chief investment officer of Passport Capital LLC, the global investment firm he founded in 2000. The firm employs top-down macroeconomics to achieve risk-adjusted returns.

      


  • Hotchkis & Wiley Invests in International Paper, Packaging Corp. of America and Eaton

    Hotchkis & Wiley Capital Management LLC made a dozen new buys in the third quarter.


    Hotchkis & Wiley was founded in 1980 by John Hotchkis and George Wiley. They shared the belief that discipline and independent analysis are the keys to finding undervalued securities that have the potential for appreciation. For more than 35 years, Hotchkis & Wiley has been managing value portfolios for institutional and individual investors. Following are the stocks that got new positions in the portfolio during the third quarter.

      


  • Chase Coleman Gained From Visa But Lost From Trinet Group

    Chase Coleman (Trades, Portfolio) is the founder of Tiger Global Management which is a fundamentally oriented, global investment firm. The fund deploys capital in two businesses – private equity partnerships and public equity funds.


    During the third quarter, he closed 10 stocks, and the maximum gain he got was from Visa (NYSE:V) at 83% but lost 34% from Trinet Group (NYSE:TNET). He also had good gains of 26% and 25% from 58.com (NYSE:WUBA) and Masonite International (NYSE:DOOR).

      


  • Risk-Taking Guru Bets Heavily on Biotech, Metals Companies

    Guru Steven Cohen is the chairman and CEO of Point72 Asset Management L.P. He founded SAC Capital Advisors in 1992 and converted his investment operations to the Point72 Asset Management family office in 2014. Cohen has said he took a liking to poker as a high school student, often betting his own money in tournaments. Cohen credits the game with teaching him how to take risks.


    In the third quarter of 2015, he has continued to bet heavily and take risks by adding 7,092,747 shares in Cara Therapeutics Inc. (NASDAQ:CARA), Globe Specialty Metals Inc. (NASDAQ:GSM) and NorthStar Realty Europe Corp. (NYSE:NRE).

      


  • Mandel, Cohen Bet Big on Electronic Arts

    Guru Steve Mandel (Trades, Portfolio) graduated from Dartmouth College in 1978, and later graduated with an MBA from Harvard. Mandel has been involved with hedge funds since 1990, when he worked at the legendary Tiger Management. He then left Tiger Management and formed his own hedge fund Lone Pine Capital in 1997. Mandel has a net worth of $2.3 billion.


    In 2013, Forbes listed Mandel as one of the top 40 highest-earning hedge fund managers. 

      


  • Donald Smith Cuts Stakes in AerCap Holdings and American National Insurance

    Donald G. Smith is the CIO of Donald Smith (Trades, Portfolio) & Co. In 1980, Smith became the CIO of Home Insurance Company and president of Home Portfolio Advisors Inc., which he bought in 1983 and changed the name to Donald Smith (Trades, Portfolio) & Co. Inc.


    The following are the stakes that Smith reduced in the third quarter.

      


  • Steven Cohen Adding 640% to Stake in Globe Specialty Metals

    Guru Steven Cohen (Trades, Portfolio) just increased his stake in Globe Specialty Metals (NASDAQ:GSM) by more than 600%. Globe Specialty Metals was previously known as International Metal Enterprises Inc., and served as a vehicle or platform company for the acquisition of operating companies in the metals and mining industry. In November 2006, the company changed its name to Globe Specialty Metals Inc. The company is a producer of silicon metal and silicon-based alloys.


    Globe Specialty Metals is merging with the European private company Grupo FerroAtlantica which is an important player in the silicon metal industry. When the deal closes, which is supposed to happen in the fourth quarter, Grupo Villar Mir, the parent of Grupo FerroAtlantica, will hold a 57% ownership stake in the new company, and current Globe shareholders will hold a 43% stake.

      


  • Thanks to Deal, Kinder Morgan Will Be Accretive to Its Cash Available to Pay Dividends

    Brookfield Infrastructure Partners (BIP) purchased approximately 188 million shares in Asciano Limited (AIO) last month, representing an approximate 14.9% interest in the company.


    Brookfield Infrastructure reported strong 2015 third-quarter results; it benefited from the contribution from its newly acquired communications infrastructure assets in addition to solid organic growth across its business. Its generated funds from operations was about 91 cents per unit for the quarter, about 6 cents more from the same quarter of last year.

      


  • Steven Cohen Hikes Stake in Microsoft by More Than 50,000%

    Guru Steven Cohen (Trades, Portfolio) has gained a reputation as an art collector in the last 15 years. In the third quarter he collected – and sold – a variety of stocks.

    Cohen’s most significant third-quarter transaction was the reduction of his stake in EOG Resources Inc. (NYSE:EOG), a Houston-based oil and gas company, by more than 87%. Cohen sold 2,453,710 shares for an average price of $77.7 per share. The deal had a -1.49% impact on Cohen’s portfolio.  


  • Norfolk Southern Receives Offer From Canadian Pacific

    Norfolk Southern Corp. (NSC) completed the acquisition of the Delaware & Hudson Railway line, a subsidiary of Canadian Pacific. (CP), in September, and Canadian Pacific recently offered to buy Norfolk for $28.4 billion on a 50% cash and 50% stock transaction.


    Here is a look at some benefits of this deal to help understand the reasons beyond this merger.

      


  • Air Liquide Set to Buy Airgas

    Recently Airgas Inc. (ARG) agreed to be acquired by Air Liquide (AIQUF).


    Air Liquide expects the deal to be active from the next year and plans to realize more than $300 million in pre-tax cost, efficiency and volume synergies.

      


  • Steven Cohen Is Betting on Oprah's Stake in Weight Watchers

    Steven Cohen (Trades, Portfolio) has acquired 3.79 million shares of Weight Watchers (NYSE:WTW) at an average price of $16.93. His position looks to be inspired by Oprah Winfrey, who became a shareholder, board member and endorser of the company. She bought 10% of the company and has options that bring her stake up another 5%. Before Winfrey arrived on the scene, Cohen did not own shares. His current stake represents about a ~5% stake in the equity.


    Weight Watchers has been on an absolute tear since Winfrey joined and its price was below $7 a share. Since Friday at the close, it is now nearly $23. Although it is unlikely that Cohen will send shares surging like Winfrey did, the guru and founder of SAC Capital and of Point72 Capital was once called the Hedge Fund King in a 2006 Wall Street Journal article, and Bloomberg included him within the 50 most influential ranking in the Bloomberg Markets Magazine as recently as 2011. Weight Watchers has been a very popular short among hedge funds, but that could change rapidly. A star investor betting long against you can be very uncomfortable as Ackman* will tell you.

      


  • Steven Cohen Adds to Stake in Alder BioPharmaceuticals

    Steven Cohen (Trades, Portfolio) of Point72 Asset Management increased his stake in Alder BioPharmaceuticals Inc. (NASDAQ:ALDR), a Bothell, Wash.-based biopharmaceutical company emphasizing the development of therapies for migraines, autoimmune diseases and inflammatory diseases, by nearly 180% with the purchase of 1,459,556 shares on Oct. 21.


    Cohen paid $28.14 per share in a deal that had a 0.28% impact on his portfolio. The purchase increased Cohen’s stake in the company to 2,278,956 shares.

      


  • Steven Cohen's Point72 Raises Stake in Spectranetics

    Steven Cohen (Trades, Portfolio)’s hedge fund Point72 Asset Management increased an existing stake in The Spectranetics Corp. (NASDAQ:SPNC), a Colorado Springs, Colo.-based manufacturer of single-use medical devices for minimally invasive cardiovascular procedures, by more than 1,000% on Oct. 8.


    Cohen’s Point72 purchased 2,027,347 shares for an average price of $10.91 per share. The acquisition increased Cohen’s position to 2,214,647 shares – an increase of 1,082.14% – and had a 0.15% impact on Cohen’s portfolio.

      


  • Insiders Are Selling Dave & Buster's Entertainment and Buying Twinlab

    The All-In-One Guru Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying/All Insider Selling to “$1,000,000+” and duration to "October 2015."


    According to the above filters, the following are the recent buys from company insiders in the past week.

      


  • Benefiting From a Transition Company After Activist Investor Nelson Peltz's Big Bet

    General Electric Company (NYSE:GE), a $270.79 billion market cap company, sells products ranging from jet engines and gas turbines to consumer appliances, railroad locomotives and medical equipment.


    A $2.5 billion stake

      


  • Cohen Ups Stake in Olin After Company Announces Merger With Dow Chemical Segments

    Steven Cohen (Trades, Portfolio) of Point72 Asset Management increased his stake in Olin Corp. (NYSE:OLN) on Sept. 18 by about 22%, three days after the company's shareholders approved a merger with certain business segments of Dow Chemical Co. (NYSE:DOW).


    Cohen purchased 894,539 shares for $18.05 per share, bringing his stake to a total of 4,912,822 shares. He now owns 6.34% of the company. The graph below shows Cohen’s holding history in the company.

      


  • Steve Cohen Increases His Position in Canadian Pacific

    Point72 Asset Management L.P. is a family office managing the assets of its founder, Steven Cohen (Trades, Portfolio), and eligible employees. He is a billionaire hedge fund investor and the founder of SAC Capital Advisors. Cohen grew up in Great Neck, N.Y., and he attended the Wharton School of Business at the University of Pennsylvania.


    Last quarter, the firm increased its position in Canadian Pacific (NYSE:CP) by buying 115,800 shares. As of June 30, he was holding 425,000 shares of the company.

      


  • A Look at Locust Wood Capital's Top 3 Stocks

    Hedge fund Locust Wood Capital Advisers disclosed an equity portfolio valued at $723.56 million as of the end of the second quarter of 2015. The equity portfolio is mainly invested in consumer discretionary (33%), finance (25%), and health care (11%) stocks.


    The turnover ratio during the quarter was 35.71%. The fund made six new purchases and added to 14 existing stakes. On the other hand, it sold out nine stocks while reducing holdings in 19 stocks.

      


Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)