GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Tiger Management’s Julian Robertson Buys LBTYA, NFLX, WX, GS, GOOG, CVC, Sells AMZN, AAPL, MA, V

gurufocus

gurufocus

334 followers
Legendary hedge fund manager Julian Robertson just reported his third quarter portfolio. His fund Tiger Mangement buys Liberty Global Inc., Netflix Inc., Wuxi Pharmatech Inc. Ads, The Goldman Sachs Group Inc., Google Inc., Cablevision Systems Corp., sells Time Warner Cable Inc., Concho Resources, Emc Corp., Canadian Natural Resources Ltd., Amazon.com Inc., Apple Inc., Mastercard Cl A, Visa, Taomee Holdings Ltd. Ads, Qualcomm Inc., Theravance Inc., Cardiome Pharma Corp., Nexen Inc. during the 3-months ended 09/30/2011, according to the most recent filings of his investment company, Tiger Management. As of 09/30/2011, Tiger Management owns 24 stocks with a total value of $247 million. These are the details of the buys and sells.

Tiger Management mainly manages Mr. Robertson’s personal investment.

This is the portfolio chart of Julian Robertson. 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 Julian Robertson's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Julian+Robertson

This is the sector weightings of his portfolio:

Technology 30.6%
Consumer Services 24%
Health Care 22.4%
Financials 21.4%
Oil & Gas 0.9%
Industrials 0.6%
Consumer Goods 0.1%


These are the top 5 holdings of Julian Robertson

  1. Apple Inc. (AAPL) - 78,526 shares, 12.1% of the total portfolio. Shares reduced by 26.15%
  2. Amazon.com Inc. (AMZN) - 91,300 shares, 8.0% of the total portfolio. Shares reduced by 36.31%
  3. The Goldman Sachs Group Inc. (GS) - 206,565 shares, 7.9% of the total portfolio. Shares added by 22.55%
  4. Google Inc. (GOOG) - 36,142 shares, 7.5% of the total portfolio. Shares added by 17.34%
  5. MasterCard Cl A (MA) - 55,561 shares, 7.1% of the total portfolio. Shares reduced by 32.31%


New Purchase: Liberty Global Inc. (LBTYA)

Julian Robertson initiated holdings in Liberty Global Inc.. His purchase prices were between $33.63 and $47.09, with an estimated average price of $39.85. The impact to his portfolio due to this purchase was 6.55%. His holdings were 446,995 shares as of 09/30/2011. Liberty Global owns interests primarily in broadband distribution and content companies operating outside the continental U. Liberty Global Inc. has a market cap of $12.09 billion; its shares were traded at around $42.3 with a P/E ratio of 22.15 and P/S ratio of 1.34. Liberty Global Inc. had an annual average earnings growth of 39.2% over the past 5 years.

New Purchase: Netflix Inc. (NFLX)

Julian Robertson initiated holdings in Netflix Inc.. His purchase prices were between $113.19 and $298.73, with an estimated average price of $228.28. The impact to his portfolio due to this purchase was 4.61%. His holdings were 100,350 shares as of 09/30/2011. Netflix Inc. is the largest online movie rental subscription service in the United States providing subscribers access to a comprehensive library of more than 18,000 movie, television and other filmed entertainment titles. Netflix Inc. has a market cap of $4.61 billion; its shares were traded at around $87.75 with a P/E ratio of 19.94 and P/S ratio of 2.13. Netflix Inc. had an annual average earnings growth of 154.4% over the past 5 years.

Sold Out: Time Warner Cable Inc. (TWC)

Julian Robertson sold out his holdings in Time Warner Cable Inc.. His sale prices were between $60.85 and $79.99, with an estimated average price of $68.96. Time Warner Cable Inc. is the second-largest cable operator in the U. Time Warner Cable Inc. has a market cap of $19.48 billion; its shares were traded at around $61.03 with a P/E ratio of 14.23 and P/S ratio of 1.03. The dividend yield of Time Warner Cable Inc. stocks is 3.15%.

Sold Out: Concho Resources (CXO)

Julian Robertson sold out his holdings in Concho Resources. His sale prices were between $74.19 and $97.88, with an estimated average price of $87.29. Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties. Concho Resources has a market cap of $10.09 billion; its shares were traded at around $97.38 with a P/E ratio of 25.76 and P/S ratio of 10.38.

Sold Out: Emc Corp. (EMC)

Julian Robertson sold out his holdings in Emc Corp.. His sale prices were between $20.28 and $27.89, with an estimated average price of $23.8. EMC Corporation and its subsidiaries design, manufacture, market and support a wide range of hardware and software products and provide services for the storage, management, protection and sharing ofelectronic information. Emc Corp. has a market cap of $50.88 billion; its shares were traded at around $24.64 with a P/E ratio of 20.53 and P/S ratio of 2.99. Emc Corp. had an annual average earnings growth of 10.6% over the past 5 years.

Sold Out: Canadian Natural Resources Ltd. (CNQ)

Julian Robertson sold out his holdings in Canadian Natural Resources Ltd.. His sale prices were between $29.4 and $43.77, with an estimated average price of $37.24. Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. Canadian Natural Resources Ltd. has a market cap of $40.82 billion; its shares were traded at around $37.24 with a P/E ratio of 18.81 and P/S ratio of 2.78. The dividend yield of Canadian Natural Resources Ltd. stocks is 0.99%. Canadian Natural Resources Ltd. had an annual average earnings growth of 20.5% over the past 10 years. GuruFocus rated Canadian Natural Resources Ltd. the business predictability rank of 2.5-star.

Sold Out: Taomee Holdings Ltd. Ads (TAOM)

Julian Robertson sold out his holdings in Taomee Holdings Ltd. Ads. His sale prices were between $5.87 and $16.4, with an estimated average price of $10.53. Taomee Holdings Ltd. is a children's' entertainment and media company in the People's Republic of China. Taomee Holdings Ltd. Ads has a market cap of $217.34 million; its shares were traded at around $6.01 with and P/S ratio of 6.04.

Sold Out: Theravance Inc. (THRX)

Julian Robertson sold out his holdings in Theravance Inc.. His sale prices were between $17.44 and $24.87, with an estimated average price of $20.77. Theravance Inc is focused on the discovery, development and commercialization of small molecule medicines for unmet medical needs across a number of therapeutic areas including respiratory disease, bacterial infections, overactive bladder and gastrointestinal disorders. Theravance Inc. has a market cap of $1.93 billion; its shares were traded at around $22.78 with and P/S ratio of 79.72.

Added: Wuxi Pharmatech Inc. Ads (WX)

Julian Robertson added to his holdings in Wuxi Pharmatech Inc. Ads by 38.6%. His purchase prices were between $11.56 and $17.26, with an estimated average price of $14.19. The impact to his portfolio due to this purchase was 1.9%. His holdings were 1,442,806 shares as of 09/30/2011. Shanghai-based WuXi PharmaTech is the China-based pharmaceutical and biotechnology R&D outsourcing company. Wuxi Pharmatech Inc. Ads has a market cap of $860.29 million; its shares were traded at around $12 with a P/E ratio of 11.76 and P/S ratio of 2.58.

Added: The Goldman Sachs Group Inc. (GS)

Julian Robertson added to his holdings in The Goldman Sachs Group Inc. by 22.55%. His purchase prices were between $93.98 and $137.6, with an estimated average price of $117.77. The impact to his portfolio due to this purchase was 1.46%. His holdings were 206,565 shares as of 09/30/2011. Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. The Goldman Sachs Group Inc. has a market cap of $51.42 billion; its shares were traded at around $101.66 with a P/E ratio of 15.98 and P/S ratio of 1.31. The dividend yield of The Goldman Sachs Group Inc. stocks is 1.38%. The Goldman Sachs Group Inc. had an annual average earnings growth of 9.8% over the past 10 years.

Added: Google Inc. (GOOG)

Julian Robertson added to his holdings in Google Inc. by 17.34%. His purchase prices were between $490.92 and $622.52, with an estimated average price of $552.64. The impact to his portfolio due to this purchase was 1.11%. His holdings were 36,142 shares as of 09/30/2011. Google is a public and profitable company focused on search services. Google Inc. has a market cap of $197.04 billion; its shares were traded at around $608.35 with a P/E ratio of 19.73 and P/S ratio of 6.72. Google Inc. had an annual average earnings growth of 58.4% over the past 10 years.

Added: Cablevision Systems Corp. (CVC)

Julian Robertson added to his holdings in Cablevision Systems Corp. by 3.94%. His purchase prices were between $15.97 and $27.48, with an estimated average price of $20.62. The impact to his portfolio due to this purchase was 0.13%. His holdings were 545,700 shares as of 09/30/2011. Cablevision Systems Corp. is one of the nation's entertainment and telecommunications companies. Cablevision Systems Corp. has a market cap of $4.31 billion; its shares were traded at around $15.43 with a P/E ratio of 13.19 and P/S ratio of 0.6. The dividend yield of Cablevision Systems Corp. stocks is 3.89%. Cablevision Systems Corp. had an annual average earnings growth of 9.8% over the past 10 years.

Reduced: Amazon.com Inc. (AMZN)

Julian Robertson reduced to his holdings in Amazon.com Inc. by 36.31%. His sale prices were between $178.93 and $241.69, with an estimated average price of $213.6. The impact to his portfolio due to this sale was -2.85%. Julian Robertson still held 91,300 shares as of 09/30/2011. Amazon.com, Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com Inc. has a market cap of $98.68 billion; its shares were traded at around $217.39 with a P/E ratio of 116.25 and P/S ratio of 2.89. Amazon.com Inc. had an annual average earnings growth of 28.5% over the past 5 years.

Reduced: Apple Inc. (AAPL)

Julian Robertson reduced to his holdings in Apple Inc. by 26.15%. His sale prices were between $349.43 and $413.45, with an estimated average price of $381.98. The impact to his portfolio due to this sale was -2.5%. Julian Robertson still held 78,526 shares as of 09/30/2011. Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $356.58 billion; its shares were traded at around $384.62 with a P/E ratio of 13.9 and P/S ratio of 3.29. Apple Inc. had an annual average earnings growth of 112.4% over the past 10 years.

Reduced: Mastercard Cl A (MA)

Julian Robertson reduced to his holdings in Mastercard Cl A by 32.31%. His sale prices were between $291.96 and $353.78, with an estimated average price of $321.96. The impact to his portfolio due to this sale was -2.14%. Julian Robertson still held 55,561 shares as of 09/30/2011. MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. Mastercard Cl A has a market cap of $47.03 billion; its shares were traded at around $370.15 with a P/E ratio of 20.75 and P/S ratio of 8.49. The dividend yield of Mastercard Cl A stocks is 0.16%.

Reduced: Visa (V)

Julian Robertson reduced to his holdings in Visa by 28.62%. His sale prices were between $79.24 and $92.84, with an estimated average price of $87.24. The impact to his portfolio due to this sale was -1.66%. Julian Robertson still held 182,812 shares as of 09/30/2011. VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa has a market cap of $77.74 billion; its shares were traded at around $95.16 with a P/E ratio of 19.07 and P/S ratio of 8.46. The dividend yield of Visa stocks is 0.63%.

Reduced: Qualcomm Inc. (QCOM)

Julian Robertson reduced to his holdings in Qualcomm Inc. by 27.94%. His sale prices were between $46.52 and $59.36, with an estimated average price of $52.75. The impact to his portfolio due to this sale was -1.27%. Julian Robertson still held 216,030 shares as of 09/30/2011. QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. Qualcomm Inc. has a market cap of $94.95 billion; its shares were traded at around $56.62 with a P/E ratio of 20.44 and P/S ratio of 6.35. The dividend yield of Qualcomm Inc. stocks is 1.52%. Qualcomm Inc. had an annual average earnings growth of 14.6% over the past 10 years. GuruFocus rated Qualcomm Inc. the business predictability rank of 3-star.

Reduced: Cardiome Pharma Corp. (CRME)

Julian Robertson reduced to his holdings in Cardiome Pharma Corp. by 22.89%. His sale prices were between $3.32 and $5.59, with an estimated average price of $4. The impact to his portfolio due to this sale was -0.69%. Julian Robertson still held 1,952,588 shares as of 09/30/2011. Cardiome Pharma Corp. is a product-focused cardiovascular drug development company with two clinical drug programs focused on atrial arrhythmia (intravenous and oral dosing), and a pre-clinical program directed at improving cardiovascular function. Cardiome Pharma Corp. has a market cap of $155.27 million; its shares were traded at around $2.54 with and P/S ratio of 2.35.

Reduced: Nexen Inc. (NXY)

Julian Robertson reduced to his holdings in Nexen Inc. by 69.42%. His sale prices were between $15.63 and $24.75, with an estimated average price of $20.86. The impact to his portfolio due to this sale was -0.38%. Julian Robertson still held 27,950 shares as of 09/30/2011. Nexen Inc. is an independent, Canadian-based global energy company. Nexen Inc. has a market cap of $8.99 billion; its shares were traded at around $17.06 with a P/E ratio of 14.71 and P/S ratio of 1.59. The dividend yield of Nexen Inc. stocks is 1.2%. Nexen Inc. had an annual average earnings growth of 12.4% over the past 10 years. GuruFocus rated Nexen Inc. the business predictability rank of 3-star.

About the author:

gurufocus
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 3.3/5 (9 votes)

Comments

Please leave your comment:


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)
Free 7-day Trial
FEEDBACK
Email Hide