Bruce Berkowitz’s Latest Portfolio Churn: Selling HUM, HTZ, FUR and Buying TAL
On August 31, Berkowitz reported that he reduced his holding in Humana Inc. (HUM) by 45.87%. After the sale, he still held 7,093,600 shares of the healthcare insurer. This sale is a continuation of his sale in the stock during 2Q10. The sale price was $47.79 per share.
Also on August 31, he reported that he reduced his holding in Hertz Global Holding (HTZ) by 62.73%. After the sale, he still held 10,780,300 shares of the company. Again, this is a continuation of his sale in the stock during 2Q10.
Again, on August 31, Berkowitz reported that he reduced his position in Winthrop Realty Trust (FUR) by 10.38% to 3,767,527 shares at the price of $13.7 per share. And Again, he sold the stock during the second quarter of 2010.
Finally, on September 10, 2010, Berkowitz added 20.67% to his existing position of TAL International Group (TAL), bring the total to 2,254,919 shares, at $23.85 per share. Berkowitz has been trading in and out of this stock. During the most recent 2Q10, he has sold some shares of this stock.
To see Berkowitz’s stock picks and portfolio, click: http://www.gurufocus.com/holdings.php?GuruName=Bruce+Berkowitz.
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