FPA Capital adds to Western Digital Corp., reduces Rosetta Resources Inc., Charming Shoppes Inc. during the 3-months ended 06/30/2010, according to the most recent filings of his investment company, FPA Capital. Robert Rodriguez owns 21 stocks with a total value of $658 million. The fund also owns more than $330 million of the cash and short term investments.
The fund does show one new position: Baker Hughes (BHI), which came from the acquisition of BJ Services. The fund is heavily invested in oil & gas companies, as Robert Rodriguez is bullish with energy stocks.
This is the fund’s performance as of June 30:
|12 Months||5 Years||10 Years|
|After Tax on Distribution||+14.87%||-0.96%||+6.57%|
| After Tax on Distribution|
[b]Sale of Fund Shares
These are the details of the buys and sells.
Robert Rodriguez's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Robert+Rodriguez
This is the sector weightings of his portfolio:
|Oil & Gas||30.1%|
These are the top 5 holdings of Robert Rodriguez
- ENSCO International Inc. (ESV) - 1,870,600 shares, 11.16% of the total portfolio.
- Avnet Inc. (AVT) - 2,535,100 shares, 9.29% of the total portfolio.
- Rowan Companies Inc. (RDC) - 2,721,000 shares, 9.07% of the total portfolio.
- Rosetta Resources Inc. (ROSE) - 2,760,400 shares, 8.31% of the total portfolio. Shares reduced by 18.05%
- Arrow Electronics Inc. (ARW) - 2,186,700 shares, 7.43% of the total portfolio.
Added: Western Digital Corp. (WDC)Robert Rodriguez added to his holdings in Western Digital Corp. by 71.04%. His purchase prices were between $30.67 and $44.71, with an estimated average price of $37.59. The impact to his portfolio due to this purchase was 2.23%. His holdings were 1,169,600 shares as of 06/30/2010.
Western Digital Corp. designs, develops, manufactures and markets a broad line of hard drives featuring leading-edge technology. Western Digital Corp. has a market cap of $7.21 billion; its shares were traded at around $31.45 with a P/E ratio of 5.65 and P/S ratio of 0.97. Western Digital Corp. had an annual average earning growth of 36% over the past 5 years.
Reduced: Charming Shoppes Inc. (CHRS)Robert Rodriguez reduced to his holdings in Charming Shoppes Inc. by 84.94%. His sale prices were between $3.67 and $6.3, with an estimated average price of $5. The impact to his portfolio due to this sale was -0.48%. Robert Rodriguez still held 1,002,200 shares as of 06/30/2010.
Charming Shoppes operates women's specialty apparel stores under the names Fashion Bug, Fashion Bug Plus, Catherine's, PS. Charming Shoppes Inc. has a market cap of $455.35 million; its shares were traded at around $3.93 with and P/S ratio of 0.22.
Reduced: Rosetta Resources Inc. (ROSE)Robert Rodriguez reduced to his holdings in Rosetta Resources Inc. by 18.05%. His sale prices were between $19.74 and $26.21, with an estimated average price of $23.34. The impact to his portfolio due to this sale was -1.5%. Robert Rodriguez still held 2,760,400 shares as of 06/30/2010.
Rosetta Resources Inc. is an independent oil and gas company engaged in the acquisition, exploration, development and production of primarily natural gas properties in North America. Rosetta Resources Inc. has a market cap of $1.13 billion; its shares were traded at around $21.51 with a P/E ratio of 39.83 and P/S ratio of 3.84.