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Bill Nygren of Oakmark Fund Buys Unilever Plc, Mastercard Inc., Best Buy, Fedex Corp

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gurufocus

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Bill Nygren of Oakmark Fund buys Unilever Plc, Mastercard Inc., Best Buy Company Inc., Fedex Corp., Allstate Corp., Cisco Systems Inc., Exxon Mobil Corp. during the 3-months ended 12/31/2010, according to the most recent filings of his investment company, Oak Mark Fund. As of 12/31/2010, Oak Mark Fund owns 57 stocks with a total value of $3.6 billion. These are the details of the buys and sells.

Bill Nygren commented on Unilever (UL) in his latest shareholder letter. Unilever is the only new position he bought in the fourth quarter. He wrote:

Unilever is among the world’s largest packaged goods companies, selling home-care, personal-care and food products. Its well-known brand names include Dove, Lipton, Knorr and Ben & Jerry’s. With roots that go back to the 19th century, Unilever’s brands are well-known across the globe. Most appealing to us is the 50% of revenue it generates from emerging markets. This gives it the largest percentage among its peers in what have been, and what we believe are likely to continue being, the fastest-growing markets. Despite that, Unilever stock sells at only 13 times projected earnings for 2012, a discount to most of its peers. Unilever stock is down from a high of $38 at the end of 2007 despite EPS increasing about 20%. The stock also has an attractive dividend yield of 3.6%, meaning that owners of Unilever do not need to sacrifice current income to gain exposure to its attractive growth potential.

This is the portfolio chart of Bill Nygren. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of Bill Nygren's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Nygren

This is the sector weightings of his portfolio:

Consumer Services 19.7%
Technology 16.6%
Industrials 14.9%
Financials 11.2%
Consumer Goods 5.3%
Health Care 4.8%
Oil & Gas 2.3%


These are the top 5 holdings of Bill Nygren

  1. TYCO ELECTRONICS LTD. (TEL) - 2,629,500 shares, 2.62% of the total portfolio. Shares reduced by 3.66%
  2. Comcast Corp. (CMCSA) - 4,220,000 shares, 2.47% of the total portfolio. Shares reduced by 2.31%
  3. TEXAS INSTRUMENTS Inc. (TXN) - 2,650,000 shares, 2.42% of the total portfolio. Shares reduced by 7.02%
  4. Intel Corp. (INTC) - 3,850,000 shares, 2.28% of the total portfolio.
  5. MEDTRONIC INC. (MDT) - 2,100,000 shares, 2.19% of the total portfolio.


Added: Mastercard Inc. (MA)

Bill Nygren added to his holdings in Mastercard Inc. by 18.75%. His purchase prices were between $217.4 and $259.35, with an estimated average price of $238.18. The impact to his portfolio due to this purchase was 0.28%. His holdings were 285,000 shares as of 12/31/2010.

MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. Mastercard Inc. has a market cap of $31.46 billion; its shares were traded at around $240.36 with a P/E ratio of 17.1 and P/S ratio of 5.7. The dividend yield of Mastercard Inc. stocks is 0.2%.

Added: Best Buy Company Inc. (Y)

Bill Nygren added to his holdings in Best Buy Company Inc. by 13.44%. His purchase prices were between $33.46 and $44.86, with an estimated average price of $41. The impact to his portfolio due to this purchase was 0.24%. His holdings were 2,110,000 shares as of 12/31/2010.

Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. Best Buy Company Inc. has a market cap of $12.8 billion; its shares were traded at around $32.46 with a P/E ratio of 9.8 and P/S ratio of 0.3. The dividend yield of Best Buy Company Inc. stocks is 1.9%. Best Buy Company Inc. had an annual average earning growth of 16.6% over the past 10 years. GuruFocus rated Best Buy Company Inc. the business predictability rank of 5-star.

Added: Fedex Corp. (FDX)

Bill Nygren added to his holdings in Fedex Corp. by 17.95%. His purchase prices were between $85.43 and $95.21, with an estimated average price of $89.99. The impact to his portfolio due to this purchase was 0.18%. His holdings were 460,000 shares as of 12/31/2010.

FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. Fedex Corp. has a market cap of $27.68 billion; its shares were traded at around $87.88 with a P/E ratio of 19.7 and P/S ratio of 0.8. The dividend yield of Fedex Corp. stocks is 0.5%. Fedex Corp. had an annual average earning growth of 1.8% over the past 10 years.

Added: Allstate Corp. (ALL)

Bill Nygren added to his holdings in Allstate Corp. by 11.11%. His purchase prices were between $29.11 and $33.11, with an estimated average price of $31.19. The impact to his portfolio due to this purchase was 0.18%. His holdings were 2,000,000 shares as of 12/31/2010.

Allstate Corporation's business is conducted principally throughAllstate Insurance Company, Allstate Life Insurance Company and theirsubsidiaries. Allstate Corp. has a market cap of $16.92 billion; its shares were traded at around $31.44 with a P/E ratio of 11.1 and P/S ratio of 0.5. The dividend yield of Allstate Corp. stocks is 2.5%. Allstate Corp. had an annual average earning growth of 7.5% over the past 10 years.

Added: Cisco Systems Inc. (CSCO)

Bill Nygren added to his holdings in Cisco Systems Inc. by 11.32%. His purchase prices were between $19.07 and $24.49, with an estimated average price of $21.26. The impact to his portfolio due to this purchase was 0.17%. His holdings were 2,950,000 shares as of 12/31/2010.

Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems Inc. has a market cap of $102.87 billion; its shares were traded at around $18.56 with a P/E ratio of 13 and P/S ratio of 2.6. Cisco Systems Inc. had an annual average earning growth of 23% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 2.5-star.

Added: Exxon Mobil Corp. (XOM)

Bill Nygren added to his holdings in Exxon Mobil Corp. by 10%. His purchase prices were between $62.19 and $73.42, with an estimated average price of $69.07. The impact to his portfolio due to this purchase was 0.12%. His holdings were 660,000 shares as of 12/31/2010.

Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crudeoil, natural gas and petroleum products. Exxon Mobil Corp. has a market cap of $427.61 billion; its shares were traded at around $84.8 with a P/E ratio of 13.7 and P/S ratio of 1.1. The dividend yield of Exxon Mobil Corp. stocks is 2.1%. Exxon Mobil Corp. had an annual average earning growth of 11.2% over the past 10 years. GuruFocus rated Exxon Mobil Corp. the business predictability rank of 3.5-star.

New Purchase: Unilever Plc (UL)

Bill Nygren initiated holdings in Unilever Plc. His purchase prices were between $27.96 and $31.23, with an estimated average price of $29.67. The impact to his portfolio due to this purchase was 0.82%. His holdings were 950,000 shares as of 12/31/2010.

Unilever plc is engaged in manufacturing of branded and packaged consumer goods, including food, detergents and personal care products. Unilever Plc has a market cap of $84.35 billion; its shares were traded at around $29.58 with a P/E ratio of 14.2 and P/S ratio of 1.4. The dividend yield of Unilever Plc stocks is 3.8%.

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gurufocus
GuruFocus - Stock Picks and Market Insight of Gurus

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