GuruFocus Premium Membership

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

Free Trial

Free 7-day Trial
All Articles and Columns »

Long Positions from a Short Seller - Jim Chanos Top Buys: WFM, CBI, ORCL, MSFT, DE

August 15, 2012 | About:
GuruFocus

GuruFocus

337 followers
Famed short seller Jim Chanos just reported his long positions. He is not required to report his short positions. The ones he holds as longs are at least not shorted by him. Compared with the previous quarter, he has almost doubled his long positions. As of 06/30/2012, Kynikos Associates LP owns 22 long stocks with a total value of $257 million. He is said to manage more than $6 billion. Jim Chanos has been called the Warren Buffett of short selling. He looks at the combination of macro picture and the business itself in his short thesis. His latest shorts include CONSOL energy (CNX), Petrobras (PBR), Hewlett-Packward (HPQ), Coinstar (CSTR) and Banco Santander (STD), many of which are considered value by other value investors.

In his portfolio, Jim Chanos does own a lot of index ETF, such as SPY, MDY etc. He also owns Ishares Russell 2000 Index (etf), Ishares Msci Emerging Markets Indx (etf) etc. He sold Ishares Msci Eafe Small Cap ETF, Spdr S&p Emerging Markets Small Cap (etf) etc. His largest sells during the second quarter was BP.

This is the portfolio chart of Jim Chanos. 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.



These are the details of the buys and sells.

This is the sector weightings of his portfolio:

Financials 18.8%
Consumer Services 16.8%
Technology 15.4%
Industrials 11.3%
Consumer Goods 5.7%
Oil & Gas 4.4%


These are the top 5 holdings of Jim Chanos

  1. SPDR S&P 500 ETF (SPY) - 165,900 shares, 8.8% of the total portfolio. Shares added by 320%
  2. SPDR S&P MidCap 400 ETF (MDY) - 116,900 shares, 7.8% of the total portfolio. Shares added by 181.01%
  3. Deere & Company (DE) - 223,850 shares, 7.0% of the total portfolio. Shares added by 264.87%
  4. Visteon Corporation (VC) - 392,400 shares, 5.7% of the total portfolio. Shares added by 219.54%
  5. Whole Foods Market, Inc. (WFM) - 135,600 shares, 5.0% of the total portfolio. New Position


New Purchase: Whole Foods Market, Inc. (WFM)

Jim Chanos initiated holdings in Whole Foods Market, Inc.. His purchase prices were between $81.56 and $96.63, with an estimated average price of $87.69. The impact to his portfolio due to this purchase was 5%. His holdings were 135,600 shares as of 06/30/2012. Whole Foods Market, Inc. has a market cap of $17.25 billion; its shares were traded at around $94.45 with a P/E ratio of 40.2 and P/S ratio of 1.7. The dividend yield of Whole Foods Market, Inc. stocks is 0.6%. Whole Foods Market, Inc. had an annual average earnings growth of 11.2% over the past 10 years. GuruFocus rated Whole Foods Market, Inc. the business predictability rank of 3-star.

New Purchase: Chicago Bridge & Iron Company N.v. (CBI)

Jim Chanos initiated holdings in Chicago Bridge & Iron Company N.v.. His purchase prices were between $33.62 and $45.29, with an estimated average price of $39.55. The impact to his portfolio due to this purchase was 4.3%. His holdings were 293,800 shares as of 06/30/2012. Chicago Bridge & Iron Company N.V. designs, builds, repairs and modifies steel tanks and other steel plate structures and associated systems. Chicago Bridge & Iron Company N.v. has a market cap of $3.6 billion; its shares were traded at around $37.32 with a P/E ratio of 13.5 and P/S ratio of 0.8. The dividend yield of Chicago Bridge & Iron Company N.v. stocks is 0.5%. Chicago Bridge & Iron Company N.v. had an annual average earnings growth of 16.4% over the past 10 years.

New Purchase: Oracle Corporation (ORCL)

Jim Chanos initiated holdings in Oracle Corporation. His purchase prices were between $25.75 and $29.68, with an estimated average price of $27.83. The impact to his portfolio due to this purchase was 2.9%. His holdings were 250,000 shares as of 06/30/2012. Oracle Corporation is one of the world's suppliers of software for information management. Oracle Corporation has a market cap of $154.38 billion; its shares were traded at around $31.5715 with a P/E ratio of 13.5 and P/S ratio of 4.2. The dividend yield of Oracle Corporation stocks is 0.8%. Oracle Corporation had an annual average earnings growth of 18.1% over the past 10 years. GuruFocus rated Oracle Corporation the business predictability rank of 5-star.

New Purchase: Microsoft Corporation (MSFT)

Jim Chanos initiated holdings in Microsoft Corporation. His purchase prices were between $28.57 and $32.4, with an estimated average price of $30.45. The impact to his portfolio due to this purchase was 2.7%. His holdings were 229,500 shares as of 06/30/2012. Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corporation has a market cap of $255.57 billion; its shares were traded at around $30.24 with a P/E ratio of 10.9 and P/S ratio of 3.5. The dividend yield of Microsoft Corporation stocks is 2.6%. Microsoft Corporation had an annual average earnings growth of 13.6% over the past 10 years. GuruFocus rated Microsoft Corporation the business predictability rank of 5-star.

Here is the complete portfolio of Jim Chanos. Also check out the Undervalued Stocks, Top Growth Companies, and High Yield stocks of Jim Chanos.


Rating: 3.3/5 (4 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