Mason Hawkins Buys Sun Microsystems Inc., SK Telecom Co. Ltd., UBS AG, and Office Depot Inc., Sells PepsiAmericas Inc.

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Nov 14, 2007
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To put more than $35 billion in just 48 stocks, you need a lot of convictions. That is how Mason Hawkins invests. He makes large bets in well researched ideas, and has been very successful with it. This is his buys and sells during the third quarter.


Mason Hawkins buys Sun Microsystems Inc., SK Telecom Co. Ltd., UBS AG , Office Depot Inc., Dillard's Inc., Markel Corp., sells Millea Holdings Inc., NTT DoCoMo Inc., PepsiAmericas Inc. during the 3-months ended 09/30/2007, according to the most recent filings of his investment company, Southeastern Asset Management. Mason Hawkins owns 48 stocks with a total value of $35.8 billion. These are the details of the buys and sells.





New Purchases: DDS, JAVA, MKL, ODP, SKM, UBS,


Added Positions: CX, EBAY, FIC, LCAPA, LINTA, SYMC, WOR, WPO,


Reduced Positions: DISCA, S,


Sold Out: DCM, MLEAY.PK, PAS,





Added: eBay Inc. (EBAY, Financial)


Mason Hawkins added to his holdings in Specialized Consumer Services company eBay Inc. by 166.5%. His purchase prices were between $32.57 and $39.02, with an estimated average price of $35.1. The impact to his portfolio due to this purchase was 2.64%. His holdings were 38,677,884 shares as of 09/30/2007.


eBay, Inc., through its subsidiaries, provides online marketplaces for the sale of goods and services, online payments services, and online communication offerings to a diverse community of individuals and businesses in the United States and internationals. eBay Inc. has a market cap of $44.98 billion; its shares were traded at around $32.89 with P/E ratio of 279.24 and P/S ratio of 6.17.


Added: Liberty Media Corp. Capital Common Serie (LCAPA, Financial)


Mason Hawkins added to his holdings in Broadcasting & Entertainment company Liberty Media Corp. Capital Common Serie by 16.68%. His purchase prices were between $108.99 and $125.13, with an estimated average price of $116.3. The impact to his portfolio due to this purchase was 0.83%. His holdings were 16,670,277 shares as of 09/30/2007.


Liberty Media Capital holds a stake in News Corporation which is an international media and entertainment company with operations in eight industry segments, including filmed entertainment, television, cable network programming, direct broadcast etc. Liberty Media Corp. Capital Common Serie has a market cap of $15.19 billion; its shares were traded at around $116.78 with P/E ratio of 14.84 and P/S ratio of 10.60.


Added: Cemex S.A.B. de C.V. (CX, Financial)


Mason Hawkins added to his holdings in Building Materials & Fixtures company Cemex S.A.B. de C.V. by 12.93%. His purchase prices were between $29.17 and $37.37, with an estimated average price of $32.3. The impact to his portfolio due to this purchase was 0.59%. His holdings were 61,719,698 shares as of 09/30/2007.


CEMEX, S.A.B. de C.V.,through its subsidiaries, engages in the production, distribution, marketing, and sale of cement, ready-mix concrete, aggregates, and other construction materials worldwide. Cemex S.A.B. de C.V. has a market cap of $20.57 billion; its shares were traded at around $25.79 with P/E ratio of 27.02 and P/S ratio of 1.07. The dividend yield of Cemex S.A.B. de C.V. stocks is 2.8%.


Added: Liberty Media Corp. Interactive Common S (LINTA, Financial)


Mason Hawkins added to his holdings in Broadcasting & Entertainment company Liberty Media Corp. Interactive Common S by 13.96%. His purchase prices were between $18.08 and $22.87, with an estimated average price of $20. The impact to his portfolio due to this purchase was 0.51%. His holdings were 78,153,339 shares as of 09/30/2007.


Liberty Media Interactive engages in video and online commerce in the United States and internationally. The company, through its subsidiary, markets and sells various consumer products, including home, apparel and accessories, and jewelry. Liberty Media Corp. Interactive Common S has a market cap of $12.69 billion; its shares were traded at around $19.95 with P/E ratio of 25.49 and P/S ratio of 1.65.


Added: The Washington Post Company (WPO, Financial)


Mason Hawkins added to his holdings in Publishing company The Washington Post Company by 127.84%. His purchase prices were between $763.68 and $823.37, with an estimated average price of $789.7. The impact to his portfolio due to this purchase was 0.46%. His holdings were 363,658 shares as of 09/30/2007.


The Washington Post Company, together with its subsidiaries, operates as a diversified media and education company in the United States and internationally. The Washington Post Company has a market cap of $7.9 billion; its shares were traded at around $817.8 with P/E ratio of 25.73 and P/S ratio of 1.89. The dividend yield of The Washington Post Company stocks is 1%.


Added: Worthington Industries Inc. (WOR, Financial)


Mason Hawkins added to his holdings in Steel company Worthington Industries Inc. by 162.55%. His purchase prices were between $20.34 and $23.56, with an estimated average price of $21.4. The impact to his portfolio due to this purchase was 0.29%. His holdings were 7,089,481 shares as of 09/30/2007.


Worthington Industries, Inc. operates as a diversified metal processing company focusing on steel processing and manufactured metal products primarily in the United States, Canada, and Europe. Worthington Industries Inc. has a market cap of $1.75 billion; its shares were traded at around $21.36 with P/E ratio of 20.37 and P/S ratio of 0.59. The dividend yield of Worthington Industries Inc. stocks is 3.1%.


Added: Symantec Corp. (SYMC, Financial)


Mason Hawkins added to his holdings in Software company Symantec Corp. by 13.07%. His purchase prices were between $17.87 and $19.83, with an estimated average price of $19.1. The impact to his portfolio due to this purchase was 0.2%. His holdings were 32,429,375 shares as of 09/30/2007.


Symantec Corporation provides software and services for information security, availability, compliance, information technology, and systems performance. Symantec Corp. has a market cap of $15.2 billion; its shares were traded at around $17.12 with P/E ratio of 50.23 and P/S ratio of 2.70.


Added: Fair Isaac Corp. (FIC, Financial)


Mason Hawkins added to his holdings in Business Support Services company Fair Isaac Corp. by 92.14%. His purchase prices were between $36.11 and $40.21, with an estimated average price of $37.6. The impact to his portfolio due to this purchase was 0.18%. His holdings were 3,711,550 shares as of 09/30/2007.


Fair Isaac Corporation, together with its subsidiaries, provides analytic, software, and data management products and services to automate and improve decisions. Fair Isaac Corp. has a market cap of $2.22 billion; its shares were traded at around $39.26 with P/E ratio of 21.99 and P/S ratio of 2.65. The dividend yield of Fair Isaac Corp. stocks is 0.2%.


New Purchase: Sun Microsystems Inc. (JAVA, Financial)


Mason Hawkins initiated holdings in Business Support Services company Sun Microsystems Inc.. His purchase prices were between $4.68 and $5.73, with an estimated average price of $5.2. The impact to his portfolio due to this purchase was 1.95%. His holdings were 30,952,422 shares as of 09/30/2007. Its shares were traded at around $5.14 .


New Purchase: SK Telecom Co. Ltd. (SKM, Financial)


Mason Hawkins initiated holdings in Mobile Telecom company SK Telecom Co. Ltd.. His purchase prices were between $26.78 and $29.91, with an estimated average price of $28.3. The impact to his portfolio due to this purchase was 1.17%. His holdings were 14,114,974 shares as of 09/30/2007.


SK Telecom Co., Ltd. provides wireless telecommunications services using code division multiple access and wireless code division multiple access. It offers cellular voice services comprising basic wireless voice transmission services etc. SK Telecom Co. Ltd. has a market cap of $20.64 billion; its shares were traded at around $30.42 with P/E ratio of 13.29 and P/S ratio of 1.65.


New Purchase: UBS AG (UBS, Financial)


Mason Hawkins initiated holdings in Mobile Telecom company UBS AG. His purchase prices were between $51.87 and $61.49, with an estimated average price of $54.9. The impact to his portfolio due to this purchase was 1.02%. His holdings were 6,820,000 shares as of 09/30/2007.


UBS AG and its subsidiaries provide a range of financial products and services worldwide. The company's wealth management and business banking operations include the provision of a range of products and services for wealthy clients worldwide. UBS AG has a market cap of $93.19 billion; its shares were traded at around $46.41 with P/E ratio of 9.59 and P/S ratio of 2.04. The dividend yield of UBS AG stocks is 2.6%.


New Purchase: Office Depot Inc. (ODP)


Mason Hawkins initiated holdings in Specialty Retailers company Office Depot Inc.. His purchase prices were between $19.15 and $30.92, with an estimated average price of $24.1. The impact to his portfolio due to this purchase was 0.83%. His holdings were 14,316,364 shares as of 09/30/2007.


Office Depot, Inc. provides various office products and services worldwide. The company sells an assortment of merchandise, including brand name and private brand office supplies, business machines and computers, computer software, office furniture etc. Office Depot Inc. has a market cap of $5.41 billion; its shares were traded at around $18.83 with P/E ratio of 10.43 and P/S ratio of 0.33.


New Purchase: Dillard's Inc. (DDS)


Mason Hawkins initiated holdings in Broadline Retailers company Dillard's Inc.. His purchase prices were between $20.43 and $36.62, with an estimated average price of $26.6. The impact to his portfolio due to this purchase was 0.3%. His holdings were 4,938,890 shares as of 09/30/2007.


Dillard's, Inc. operates retail department stores primarily in the southeastern, southwestern, and midwestern areas of the United States. It offers a selection of merchandise, including fashion apparel for women, men, and children. Dillard's Inc. has a market cap of $1.57 billion; its shares were traded at around $19.36 with P/E ratio of 8.56 and P/S ratio of 0.21. The dividend yield of Dillard's Inc. stocks is 0.8%.


New Purchase: Markel Corp. (MKL)


Mason Hawkins initiated holdings in Property & Casualty Insurance company Markel Corp.. His purchase prices were between $465 and $489.49, with an estimated average price of $478.5. The impact to his portfolio due to this purchase was 0.1%. His holdings were 75,976 shares as of 09/30/2007.


Markel Corporation and its subsidiaries market and underwrite insurance products and programs in the United States and internationally. It operates in three segments: Excess and Surplus Lines, Specialty Admitted, and London Insurance Market. Markel Corp. has a market cap of $4.87 billion; its shares were traded at around $469.41 with P/E ratio of 11.27 and P/S ratio of 1.83. The dividend yield of Markel Corp. stocks is 0.2%.


Reduced: Sprint Nextel Corp. Series 1 (S)


Mason Hawkins reduced to his holdings in Fixed Line Telecom company Sprint Nextel Corp. Series 1 by 46.25%. His sale prices were between $17.38 and $21.95, with an estimated average price of $19.5. The impact to his portfolio due to this sale was 1.55%. Mason Hawkins still held 42,550,587 shares as of 09/30/2007.


Sprint Nextel Corporation offers wireless and wireline communications products and services. Its Wireless segment provides wireless mobile telephone and wireless data transmission services. Sprint Nextel Corp. Series 1 has a market cap of $45.49 billion; its shares were traded at around $15.8 with P/E ratio of 347.39 and P/S ratio of 1.10. The dividend yield of Sprint Nextel Corp. Series 1 stocks is 0.6%.


Reduced: Discovery Holding Company Series A (DISCA)


Mason Hawkins reduced to his holdings in Broadcasting & Entertainment company Discovery Holding Company Series A by 30.12%. His sale prices were between $22.84 and $28.85, with an estimated average price of $24.9. The impact to his portfolio due to this sale was 1.18%. Mason Hawkins still held 19,056,587 shares as of 09/30/2007.


Discovery Holding Company, through its wholly owned subsidiary, Ascent Media Group, LLC, provides creative and network services to the media and entertainment industries. Discovery Holding Company Series A has a market cap of $6.69 billion; its shares were traded at around $23.48 with P/E ratio of 287.35 and P/S ratio of 9.15.


Sold Out: NTT DoCoMo Inc. (DCM)


Mason Hawkins sold out his holdings in Mobile Telecom company NTT DoCoMo Inc.. His sale prices were between $13.89 and $15.52, with an estimated average price of $14.7. The impact to his portfolio due to this sale was less than 0.01%.


NTT DoCoMo, Inc. provides wireless telecommunications services in Japan. It offers a range of high-mobility telecommunications services, such as third generation (3G) and second generation (2G) cellular services, Personal Handyphone System services. NTT DoCoMo Inc. has a market cap of $65.29 billion; its shares were traded at around $14.54 with P/E ratio of 18.72 and P/S ratio of 1.47.


Sold Out: PepsiAmericas Inc. (PAS)


Mason Hawkins sold out his holdings in Soft Drinks company PepsiAmericas Inc.. His sale prices were between $24.42 and $32.44, with an estimated average price of $28.1. The impact to his portfolio due to this sale was less than 0.01%.


PepsiAmericas, Inc. manufactures, distributes, and markets beverage products in the United States, central Europe, and the Caribbean. The company offers beverage products, and fountain syrup and equipment service under various brand names. PepsiAmericas Inc. has a market cap of $4.38 billion; its shares were traded at around $32.82 with P/E ratio of 22.05 and P/S ratio of 0.99. The dividend yield of PepsiAmericas Inc. stocks is 1.5%