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The Top International Stocks That Gurus Bought in the Third Quarter
Posted by: Dianne Tordillo (IP Logged)
Date: November 21, 2012 01:50PM

Among the third quarter portfolio updates that have been reported recently, there were some stocks originating beyond domestic borders that appeared as new buys on several portfolios. Below are the top international stocks that multiple Gurus reported as new purchases in the third quarter, according to GuruFocus International Picks.

The stocks are based in locations such as Canada, Australia, Mexico, the Netherlands, China and India.

Nexen Inc. (NXY)

There were 10 Guru investors that reported Nexen Inc. (NXY) as a new holding in the third quarter. These investors were: Eric Mindich, Jim Simons, John Paulson, Daniel Loeb, Jeremy Grantham, Prem Watsa, Mario Gabelli, Michael Price, Richard Perry and Louis Moore Bacon.

Based in Canada, global energy company Nexen has a market cap of $13.56 billion. Known for developing energy resources worldwide, about 70 percent of its production comes from offshore facilities including the UK North Sea, Gulf of Mexico and the Atlantic Ocean (near West Africa); its onshore drilling occurs in Canada, Yemen and Columbia, according to its website. It is currently trading at $25.20 per share.

ASML Holding NV (ASML)

The four Guru investors that reported the company ASML (ASML) as a new holding in the third quarter were: Ron Baron, Joel Greenblatt, Jim Simons and Paul Tudor Jones.

ASML is headquartered in Veldhoven, The Netherlands and is known for manufacturing complex machines “critical to the production of integrated circuits or chips,” particularly lithography systems for the semiconductor industry, according to its website. It has a market cap of $22.7 billion and is currently trading at $55.07 per share.

BHP Billiton Ltd. (BHP)

The three Gurus that reported BHP Billiton Ltd. (BHP) as a new holding in the third quarter were: Bruce Kovner, Howard Marks and Steven Cohen.

BHP Billiton is an Australia-based global resources company that produce major commodities including aluminum, copper, energy coal, iron ore, manganese, metallurgical coal, nickel, silver and uranium, along with its interests in oil and gas (from bhpbilliton.com). It has a market cap of $110 billion, and is currently trading at $69.73 per share.

Rogers Communications (RCI)

The three Gurus that reported Rogers Communications (RCI) as a new holding in the third quarter were: Ray Dalio, Paul Tudor Jones and Joel Greenblatt.

Rogers Communications is a Canadian communications and media company that provides cable, telephone and wireless voice and data services, as well as radio and television broadcasting, publications and digital media. It has a market cap of $21.92 billion and a trade price of $43.25 per share.

Research In Motion Ltd. (RIMM)

The three Gurus that reported Research In Motion (RIMM) as a new holding in the third quarter include Whitney Tilson, Andreas Halvorsen and Francis Chou. Other Gurus like Prem Watsa, Donald Yacktman and Jim Simons either almost or more than doubled their stake of the company in the third quarter.

Research In Motion is an Ontario, Canada-based company that specializes in mobile communications and wireless solutions. Its products include the BlackBerry wireless platform, RIM Wireless Handheld products, software development tools, and radio modems. Research In Motion has a market cap of $4.83 billion and a share price of $10.02 per share.

CEMEX S.A.B. de C.V. (CX)

The four Gurus that reported CEMEX (CX) as a new holding in the third quarter include Bruce Kovner, George Soros, Ken Fisher and Chuck Royce.

With a market cap of $8.48 billion, CEMEX is a company based in Mexico that manufactures building materials such as cement, aggregates and ready-mix concrete, reaching more than 50 countries throughout America, Europe, Africa and the Middle East. It is currently trading at $8.98 per share.

Royal Dutch Shell Plc (RDS.A)

The three Gurus that reported Royal Dutch Shell as a new holding in the third quarter include John Buckingham, John Rogers and Joel Greenblatt.

Based in the Hague, the Netherlands, Royal Dutch is the parent company to energy and petrochemical companies involved in upstream exploration and extraction of crude oil and natural gas, downstream refining of products and supplies, and managing projects and technology that drive the company’s research. With a market cap of $206.49 billion, Royal Dutch is trading at $66.25 per share.

Baidu Inc. (BIDU)

The three Gurus that reported Baidu Inc. (BIDU) as a new holding in the third quarter include Paul Tudor Jones, George Soros and Robert Karr. Steven Cohen and Chase Coleman also made significant increases of their current stakes in the company.

China-based Baidu is a Chinese language Internet search provider that also provides an effective platform for businesses to reach potential customers. Baidu has a market cap of $32.4 billion and a trade price of $91.62 per share.

Nevsun Resources Ltd. (NSU)

The three Gurus that reported Nevsun Resources (NSU) as a new holding in the third quarter include Steven Cohen, Chuck Royce and Joel Greenblatt.

Nevsun is a Vancouver, Canada-based mining company that focuses its operations on its Bisha Mine in Eritrea, East Africa. Nevsun started mining for gold in 2011, and is scheduled to transition to include copper in 2013. According to nevsun.com, management expects the Bisha Mine will “rank as one of the highest grade open pit base metal deposits in the world.” With a market cap of $803.7 million, Nevsun is trading at $4.26 per share.

ICICI Bank (IBN)

The three gurus that reported ICICI Bank (IBN) as one of its new holdings in the third quarter include Bruce Kovner, Louis Moore Bacon and Andreas Halvorsen.

Headquartered in India, ICICI provides a wide range of financial services such as banking, life insurance, investments, venture capital and asset management. It has branches in the U.S., Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai. It has a market cap of $38.15 and a trade price of $38.15 per share.

About GuruFocus International Picks

With GuruFocus’ International Picks Premium Feature, members are able to see the top international stocks that are being bought or sold by the top global investors that GuruFocus follows. Users have an option to select their search based on transaction type, or even the countries the stocks are from.

GuruFocus’ long list of Premium Membership perks provides many opportunities to follow your favorite Gurus more closely. If you are not a Premium Member yet, we invite you for a 7-Day Free Trial.

To read more about related topics, visit the following articles and submissions on GuruFocus:

The Ins and Outs of International Investing

Exploring Global Small-Caps Return Visit to Turkey: “MIST” Opportunities?

Why We Don’t Own China

Baron Funds Expands into International Investing

International Investing Guru David Winters Likes European Stocks

International InvestingGuru Mark Mobius on Heightened China Concerns

Global Investing –Reasons and Barriers

Thinking About Currency Risk: To Hedge or Not to Hedge

George Soros’ Top International Stocks



Guru Discussed: Joel Greenblatt: Current Portfolio, Stock Picks
Paul Tudor Jones: Current Portfolio, Stock Picks
Stocks Discussed: NXY, ASML, BHP, RCI, RIMM, CX, RDS.A, BIDU, NSU, IBN,
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