Lou Simpson, an investor that Warren Buffett trusts, just reported his fourth quarter portfolio. Lou Simpson buys Moody's Corporation, Oracle Corporation, Brookfield Asset Management Inc., Valeant Pharmaceuticals International Inc., Charles Schwab Corp, sells Fiserv Inc., Dell Inc., Lowe's Companies Inc. during the three months ended 12/31/2012, according to the most recent filings of his investment company, SQ Advisors LLC. As of 12/31/2012, SQ Advisors LLC owns 16 stocks with a total value of $1.2 billion. These are the details of the buys and sells.
For the details of Lou Simpson's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Lou+Simpson
These are the top 5 holdings of Lou Simpson
New Purchase: Moody's Corporation (MCO, Financial)
Lou Simpson initiated holdings in Moody's Corporation. His purchase prices were between $43.98 and $51.54, with an estimated average price of $47.21. The impact to his portfolio due to this purchase was 4.9%. His holdings were 1,162,592 shares as of 12/31/2012.
Added: Oracle Corporation (ORCL, Financial)
Lou Simpson added to his holdings in Oracle Corporation by 44.58%. His purchase prices were between $29.58 and $34.09, with an estimated average price of $31.49. The impact to his portfolio due to this purchase was 2.62%. His holdings were 3,066,630 shares as of 12/31/2012.
Added: Brookfield Asset Management Inc (BAM, Financial)
Lou Simpson added to his holdings in Brookfield Asset Management Inc by 3.14%. His purchase prices were between $32.87 and $37.14, with an estimated average price of $34.64. The impact to his portfolio due to this purchase was 0.19%. His holdings were 1,995,948 shares as of 12/31/2012.
Added: Valeant Pharmaceuticals International Inc (VRX)
Lou Simpson added to his holdings in Valeant Pharmaceuticals International Inc by 2.02%. His purchase prices were between $53.32 and $61.03, with an estimated average price of $56.64. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,485,191 shares as of 12/31/2012.
Added: Charles Schwab Corp (SCHW, Financial)
Lou Simpson added to his holdings in Charles Schwab Corp by 1.76%. His purchase prices were between $12.5 and $14.47, with an estimated average price of $13.37. The impact to his portfolio due to this purchase was 0.13%. His holdings were 6,528,961 shares as of 12/31/2012.
Reduced: Fiserv, Inc. (FISV, Financial)
Lou Simpson reduced to his holdings in Fiserv, Inc. by 33.48%. His sale prices were between $72.58 and $81.11, with an estimated average price of $76.21. The impact to his portfolio due to this sale was -3.58%. Lou Simpson still held 1,121,321 shares as of 12/31/2012.
Reduced: Dell Inc (DELL, Financial)
Lou Simpson reduced to his holdings in Dell Inc by 56.24%. His sale prices were between $8.86 and $10.67, with an estimated average price of $9.77. The impact to his portfolio due to this sale was -2.81%. Lou Simpson still held 2,604,689 shares as of 12/31/2012.
Reduced: Lowe's Companies Inc. (LOW, Financial)
Lou Simpson reduced to his holdings in Lowe's Companies Inc. by 29.93%. His sale prices were between $30.29 and $36.09, with an estimated average price of $33.45. The impact to his portfolio due to this sale was -2.66%. Lou Simpson still held 2,399,799 shares as of 12/31/2012.
Here is the complete portfolio of Lou Simpson. Also check out:
1. Lou Simpson's Undervalued Stocks
2. Lou Simpson's Top Growth Companies, and
3. Lou Simpson's High Yield stocks
For the details of Lou Simpson's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Lou+Simpson
These are the top 5 holdings of Lou Simpson
- Berkshire Hathaway Inc (BRK.B) - 1,413,980 shares, 10.5% of the total portfolio. Shares added by 0.12%
- TE Connectivity Ltd (TEL) - 3,167,501 shares, 9.8% of the total portfolio. Shares added by 0.09%
- Oracle Corporation (ORCL) - 3,066,630 shares, 8.5% of the total portfolio. Shares added by 44.58%
- Wells Fargo & Co (WFC) - 2,787,952 shares, 7.9% of the total portfolio. Shares added by 0.2%
- Charles Schwab Corp (SCHW) - 6,528,961 shares, 7.8% of the total portfolio. Shares added by 1.76%
New Purchase: Moody's Corporation (MCO, Financial)
Lou Simpson initiated holdings in Moody's Corporation. His purchase prices were between $43.98 and $51.54, with an estimated average price of $47.21. The impact to his portfolio due to this purchase was 4.9%. His holdings were 1,162,592 shares as of 12/31/2012.
Added: Oracle Corporation (ORCL, Financial)
Lou Simpson added to his holdings in Oracle Corporation by 44.58%. His purchase prices were between $29.58 and $34.09, with an estimated average price of $31.49. The impact to his portfolio due to this purchase was 2.62%. His holdings were 3,066,630 shares as of 12/31/2012.
Added: Brookfield Asset Management Inc (BAM, Financial)
Lou Simpson added to his holdings in Brookfield Asset Management Inc by 3.14%. His purchase prices were between $32.87 and $37.14, with an estimated average price of $34.64. The impact to his portfolio due to this purchase was 0.19%. His holdings were 1,995,948 shares as of 12/31/2012.
Added: Valeant Pharmaceuticals International Inc (VRX)
Lou Simpson added to his holdings in Valeant Pharmaceuticals International Inc by 2.02%. His purchase prices were between $53.32 and $61.03, with an estimated average price of $56.64. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,485,191 shares as of 12/31/2012.
Added: Charles Schwab Corp (SCHW, Financial)
Lou Simpson added to his holdings in Charles Schwab Corp by 1.76%. His purchase prices were between $12.5 and $14.47, with an estimated average price of $13.37. The impact to his portfolio due to this purchase was 0.13%. His holdings were 6,528,961 shares as of 12/31/2012.
Reduced: Fiserv, Inc. (FISV, Financial)
Lou Simpson reduced to his holdings in Fiserv, Inc. by 33.48%. His sale prices were between $72.58 and $81.11, with an estimated average price of $76.21. The impact to his portfolio due to this sale was -3.58%. Lou Simpson still held 1,121,321 shares as of 12/31/2012.
Reduced: Dell Inc (DELL, Financial)
Lou Simpson reduced to his holdings in Dell Inc by 56.24%. His sale prices were between $8.86 and $10.67, with an estimated average price of $9.77. The impact to his portfolio due to this sale was -2.81%. Lou Simpson still held 2,604,689 shares as of 12/31/2012.
Reduced: Lowe's Companies Inc. (LOW, Financial)
Lou Simpson reduced to his holdings in Lowe's Companies Inc. by 29.93%. His sale prices were between $30.29 and $36.09, with an estimated average price of $33.45. The impact to his portfolio due to this sale was -2.66%. Lou Simpson still held 2,399,799 shares as of 12/31/2012.
Here is the complete portfolio of Lou Simpson. Also check out:
1. Lou Simpson's Undervalued Stocks
2. Lou Simpson's Top Growth Companies, and
3. Lou Simpson's High Yield stocks
