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Visionary Retail Investor Lampert Sells Three

May 22, 2013 | About:
Sally Jones

Sally Jones

49 followers
Edward Lampert, founder of ESL Investments and top executive for Sears Holdings Corporation (SHLD), sold out holdings in three companies as of March 31, 2013. With a deep understanding of the everyday consumer, Lampert has made a fortune as a visionary retail investor. His portfolio is weighted with 97.6% in the consumer cyclical sector. Here’s a look at the retail-based companies Guru Lampert is letting go in his first quarter 2013 sell outs:

Sold Out: AutoZone Inc. (AZO) – Specialty Retail

Edward Lampert sold out his long-held, lucrative position with AZO, as of March 31, 2013. He sold his last 2,866 shares at an average price of $373.54 per share, for a gain of 12.8%. This holding had robust gains for seven quarters, beginning in the second quarter of 2008 when Lampert made a gain of 245.9%. For seven quarters gains ranged from 99.3% to the high of 245.9%. This holding has always been in the green for Lampert, but gains fell off to a range of 10.5% - 16.9% in 2012.

This trade impacts his portfolio by -0.026%.

The current share price is $421.18 compared to past valuations:

1369245149579.png

Sold Out: Safeway Inc. (SWY) – Grocery Stores

Holding for only two quarters, Edward Lampert sold out his position with SWY, as of March 31, 2013. He sold 844,926 shares at an average price of $21.37 per share, for a gain of 11.7%. In the previous quarter, Lampert made a gain of 41.7%.

This trade impacts his portfolio by -0.4%.

The current share price is $23.87 compared to past valuations:

1369245044758.png

Sold Out: Big Lots Inc. (BIG) - Discount Stores

Edward Lampert also sold out his position with BIG as of March 31, 2013. He sold around 1.4 million shares at an average price of $32.81 per share, for a gain of 19.3%. Lampert held BIG for seven fairly flat quarters. The second highest gaining quarter was third quarter in 2011 for 18.1%.

This trade impacts his portfolio by -1.1%.

The current share price is $39.14 compared to past valuations:

1369245229972.png

Check all of Guru Edward Lampert’s trades.

Guru Eddie Lampert is an investor savant and one of the richest people in America. His hedge fund ESL Investments lists eight stocks in a portfolio with a total value of $4.02 billion and a quarter-over quarter turnover of 8%, according to the GuruFocus update as of May 15, 2013.



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About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

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