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Mason Hawkins Buys Walgreen Company, Ltd. Brands Inc., The First American Corp., and UBS AG, Sells First Horizon National Corp.

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When evaluating potential investments, Mason Hawkins looks for three things, "good business, good people, and a good price." He measures his portfolio risk and potential return with price/value ratio. He runs very concentrated portfolios, with more than $34 billion in 52 stocks. These are his buys and sells during the fourth quarter of 2007.

Mason Hawkins buys Walgreen Company, Ltd. Brands Inc., The First American Corp., Kyocera Corp., Allied Irish Banks P.L.C., sells First Horizon National Corp. during the 3-months ended 12/31/2007, according to the most recent filings of his investment company, Southeastern Asset Management. Mason Hawkins owns 52 stocks with a total value of $34.3 billion. These are the details of the buys and sells.

Added: UBS AG (UBS)

Mason Hawkins added to his holdings in UBS AG by 450.22%. His purchase prices were between $45.24 and $57.3, with an estimated average price of $49.4. The impact to his portfolio due to this purchase was 4.12%. His holdings were 37,525,300 shares as of 12/31/2007.

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 $70.71 billion; its shares were traded at around $36.82 with a P/E ratio of 7.12 and P/S ratio of 1.59. The dividend yield of UBS AG stocks is 2.9%.

Added: Sun Microsystems Inc. (JAVA)

Mason Hawkins added to his holdings in Sun Microsystems Inc. by 360.43%. His purchase prices were between $18.21 and $24.92, with an estimated average price of $21. The impact to his portfolio due to this purchase was 1.47%. His holdings were 35,628,471 shares as of 12/31/2007.

Sun Microsystems, Inc. develops products and services for the network economy. It provides network computing infrastructure product and service solutions worldwide under brands, including Java technology platform, Solaris operating system etc. Sun Microsystems Inc. has a market cap of $15.66 billion; its shares were traded at around $16.81 with a P/E ratio of 20.60 and P/S ratio of 1.08.

Added: Symantec Corp. (SYMC)

Mason Hawkins added to his holdings in Symantec Corp. by 52.48%. His purchase prices were between $16.26 and $21.13, with an estimated average price of $18. The impact to his portfolio due to this purchase was 0.8%. His holdings were 49,448,975 shares as of 12/31/2007.

Symantec Corporation provides software and services for information security, availability, compliance, information technology, and systems performance. Symantec Corp. has a market cap of $15.35 billion; its shares were traded at around $17.76 with a P/E ratio of 48.48 and P/S ratio of 2.64.

Added: eBay Inc. (EBAY)

Mason Hawkins added to his holdings in eBay Inc. by 14.81%. His purchase prices were between $31.94 and $39.9, with an estimated average price of $34.5. The impact to his portfolio due to this purchase was 0.55%. His holdings were 44,406,728 shares as of 12/31/2007.

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. eBay Inc. has a market cap of $37.67 billion; its shares were traded at around $27.71 with a P/E ratio of 110.08 and P/S ratio of 4.89.

Added: Level 3 Communications Inc. (LVLT)

Mason Hawkins added to his holdings in Level 3 Communications Inc. by 15.65%. His purchase prices were between $2.91 and $4.9, with an estimated average price of $3.4. The impact to his portfolio due to this purchase was 0.52%. His holdings were 434,435,265 shares as of 12/31/2007.

Level 3 Communications, Inc. engages in the communications business primarily in North America and Europe. It offers switched services, including long distance origination, transport, and termination services; Level 3 Communications Inc. has a market cap of $4.47 billion; its shares were traded at around $2.77 with P/S ratio of 1.00.

Added: Dillard's Inc. (DDS)

Mason Hawkins added to his holdings in Dillard's Inc. by 85.99%. His purchase prices were between $17.29 and $21.79, with an estimated average price of $20. The impact to his portfolio due to this purchase was 0.23%. His holdings were 9,185,988 shares as of 12/31/2007.

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 $1.35 billion; its shares were traded at around $18.23 with a P/E ratio of 8.94 and P/S ratio of 0.18. The dividend yield of Dillard's Inc. stocks is 0.9%.

Added: Everest Re Group Ltd. (RE)

Mason Hawkins added to his holdings in Everest Re Group Ltd. by 17.95%. His purchase prices were between $97.36 and $111.95, with an estimated average price of $102.9. The impact to his portfolio due to this purchase was 0.19%. His holdings were 4,252,200 shares as of 12/31/2007.

Everest Reinsurance Holdings, Inc., through its subsidiaries, engages in underwriting of reinsurance and insurance products in the United States and internationally. Everest Re Group Ltd. has a market cap of $6.27 billion; its shares were traded at around $99.31 with a P/E ratio of 7.55 and P/S ratio of 1.31. The dividend yield of Everest Re Group Ltd. stocks is 2%.

Added: Fair Isaac Corp. (FIC)

Mason Hawkins added to his holdings in Fair Isaac Corp. by 45.43%. His purchase prices were between $32.4 and $39.9, with an estimated average price of $36. The impact to his portfolio due to this purchase was 0.16%. His holdings were 5,397,810 shares as of 12/31/2007.

Fair Isaac Corporation, together with its subsidiaries, provides enterprise decision management (EDM) solutions that enable businesses worldwide to automate, improve, and connect decisions to enhance their business performance. Fair Isaac Corp. has a market cap of $1.26 billion; its shares were traded at around $25.06 with a P/E ratio of 14.91 and P/S ratio of 1.54. The dividend yield of Fair Isaac Corp. stocks is 0.3%.

Added: Wendy's International Inc. (WEN)

Mason Hawkins added to his holdings in Wendy's International Inc. by 55.31%. His purchase prices were between $25.87 and $34.29, with an estimated average price of $29.8. The impact to his portfolio due to this purchase was 0.15%. His holdings were 5,690,372 shares as of 12/31/2007.

Wendy's International, Inc. and its subsidiaries engage in the operation, development, and franchising of quick-service restaurants in the United States, Canada, and internationally. Wendy's International Inc. has a market cap of $2.14 billion; its shares were traded at around $24.1 with a P/E ratio of 25.08 and P/S ratio of 0.86. The dividend yield of Wendy's International Inc. stocks is 2%.

Added: FedEx Corp. (FDX)

Mason Hawkins added to his holdings in FedEx Corp. by 7.23%. His purchase prices were between $90.62 and $107.4, with an estimated average price of $98.8. The impact to his portfolio due to this purchase was 0.14%. His holdings were 8,211,171 shares as of 12/31/2007.

FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Kinko's. FedEx Corp. has a market cap of $27.6 billion; its shares were traded at around $88.1 with a P/E ratio of 13.87 and P/S ratio of 0.75. The dividend yield of FedEx Corp. stocks is 0.4%.

Added: Markel Corp. (MKL)

Mason Hawkins added to his holdings in Markel Corp. by 67.51%. His purchase prices were between $463 and $525.15, with an estimated average price of $491. The impact to his portfolio due to this purchase was 0.07%. His holdings were 127,268 shares as of 12/31/2007.

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 $4.42 billion; its shares were traded at around $443.25 with a P/E ratio of 10.92 and P/S ratio of 1.78. The dividend yield of Markel Corp. stocks is 0.4%.

New Purchase: Walgreen Company (WAG)

Mason Hawkins initiated holdings in Walgreen Company. His purchase prices were between $36.59 and $40.08, with an estimated average price of $38.4. The impact to his portfolio due to this purchase was 1.18%. His holdings were 10,669,205 shares as of 12/31/2007.

Walgreen Co. operates a chain of drugstores in the United States. These drugstores sell prescription and non-prescription drugs, and general merchandise. Walgreen Company has a market cap of $35.89 billion; its shares were traded at around $36.24 with a P/E ratio of 17.57 and P/S ratio of 0.65. The dividend yield of Walgreen Company stocks is 1.1%.

New Purchase: Ltd. Brands Inc. (LTD)

Mason Hawkins initiated holdings in Ltd. Brands Inc.. His purchase prices were between $18.22 and $21.9, with an estimated average price of $19.8. The impact to his portfolio due to this purchase was 0.84%. His holdings were 15,169,406 shares as of 12/31/2007.

Limited Brands, Inc. sells women's and men's apparel, lingerie, beauty, and personal care products primarily in the United States and Canada. Ltd. Brands Inc. has a market cap of $6.37 billion; its shares were traded at around $18 with a P/E ratio of 9.23 and P/S ratio of 0.58. The dividend yield of Ltd. Brands Inc. stocks is 3.5%.

New Purchase: The First American Corp. (FAF)

Mason Hawkins initiated holdings in The First American Corp.. His purchase prices were between $30.21 and $36.88, with an estimated average price of $33.5. The impact to his portfolio due to this purchase was 0.29%. His holdings were 2,953,882 shares as of 12/31/2007.

The First American Corporation, through its subsidiaries, provides business information and related products and services in the United States and internationally. The First American Corp. has a market cap of $3.5 billion; its shares were traded at around $39.46 with a P/E ratio of 22.15 and P/S ratio of 0.43. The dividend yield of The First American Corp. stocks is 2.5%.

New Purchase: Kyocera Corp. (KYO)

Mason Hawkins initiated holdings in Kyocera Corp.. His purchase prices were between $83.36 and $91.82, with an estimated average price of $87.3. The impact to his portfolio due to this purchase was 0.01%. His holdings were 30,000 shares as of 12/31/2007.

Kyocera Corporation, through its subsidiaries, develops, produces, and distributes telecommunications equipment, electronic components, solar energy systems, and industrial ceramics worldwide. Kyocera Corp. has a market cap of $14.65 billion; its shares were traded at around $77.2 with a P/E ratio of 14.16 and P/S ratio of 1.21.

New Purchase: Allied Irish Banks P.L.C. (AIB)

Mason Hawkins initiated holdings in Allied Irish Banks P.L.C.. His purchase prices were between $41.24 and $49.04, with an estimated average price of $45.8. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 6,800 shares as of 12/31/2007.

Allied Irish Banks, p.l.c., together with its subsidiaries, provides retail and corporate banking, investment banking, and asset management services principally in Ireland, the United States, the United Kingdom, and Poland. Allied Irish Banks P.L.C. has a market cap of $18.31 billion; its shares were traded at around $41.62 with a P/E ratio of 6.05 and P/S ratio of 2.34. The dividend yield of Allied Irish Banks P.L.C. stocks is 3.3%.

Reduced: Aon Corp. (AOC)

Mason Hawkins reduced to his holdings in Aon Corp. by 21.78%. His sale prices were between $43.06 and $49.8, with an estimated average price of $47.3. The impact to his portfolio due to this sale was 3.47%. Mason Hawkins still held 30,470,323 shares as of 12/31/2007.

Aon Corporation, through its subsidiaries, provides insurance and risk management, consulting, and insurance underwriting solutions worldwide. The company has three segments: Risk and Insurance Brokerage Services; Consulting; and Insurance Underwritings. Aon Corp. has a market cap of $12.52 billion; its shares were traded at around $42.06 with a P/E ratio of 15.60 and P/S ratio of 1.69. The dividend yield of Aon Corp. stocks is 1.4%.

Reduced: Yum! Brands Inc. (YUM)

Mason Hawkins reduced to his holdings in Yum! Brands Inc. by 20.58%. His sale prices were between $37 and $39.32, with an estimated average price of $38. The impact to his portfolio due to this sale was 3.15%. Mason Hawkins still held 34,119,308 shares as of 12/31/2007.

YUM! Brands, Inc. operates as a quick service restaurant company. It develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various priced food items. Yum! Brands Inc. has a market cap of $17.82 billion; its shares were traded at around $34.87 with a P/E ratio of 21.26 and P/S ratio of 1.67. The dividend yield of Yum! Brands Inc. stocks is 1.7%.

Reduced: Discovery Holding Company Series A (DISCA)

Mason Hawkins reduced to his holdings in Discovery Holding Company Series A by 54.35%. His sale prices were between $23.23 and $28.77, with an estimated average price of $26.1. The impact to his portfolio due to this sale was 0.41%. Mason Hawkins still held 8,698,484 shares as of 12/31/2007.

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 $6.41 billion; its shares were traded at around $21.82 with a P/E ratio of 59.53 and P/S ratio of 8.42.

Reduced: EnCana Corp. (ECA)

Mason Hawkins reduced to his holdings in EnCana Corp. by 41.38%. His sale prices were between $64.73 and $72.26, with an estimated average price of $67.7. The impact to his portfolio due to this sale was 0.4%. Mason Hawkins still held 2,887,700 shares as of 12/31/2007.

EnCana Corporation engages in the exploration, production, and marketing of natural gas, crude oil, and natural gas liquids. It holds interests in various projects located in Canada and the United States; EnCana Corp. has a market cap of $52.5 billion; its shares were traded at around $69.34 with a P/E ratio of 15.39 and P/S ratio of 2.62. The dividend yield of EnCana Corp. stocks is 1.3%.

Sold Out: First Horizon National Corp. (FHN)

Mason Hawkins sold out his holdings in First Horizon National Corp.. His sale prices were between $18.09 and $25.3, with an estimated average price of $21.8. The impact to his portfolio due to this sale was less than 0.01%.

First Horizon National Corporation operates as a holding company for First Tennessee Bank National Association, which provides various financial services in the United States. First Horizon National Corp. has a market cap of $2.38 billion; its shares were traded at around $18.76 with a P/E ratio of 15.52 and P/S ratio of 1.24. The dividend yield of First Horizon National Corp. stocks is 4.1%.

Added: Service Corp. International (SCI)

Mason Hawkins added to his holdings in Service Corp. International by 12.43%. His purchase prices were between $11.57 and $14.02, with an estimated average price of $11.66. The impact to his portfolio due to this purchase was 0.05%. His holdings were 13,959,500 shares as of 12/31/2007.

Service Corporation International provides funeral and cemetery services primarily in North America and Germany. Its funeral service and cemetery operations include funeral service locations, cemeteries, crematoria, and related activities. Service Corp. International has a market cap of $3.23 billion; its shares were traded at around $11.62 with a P/E ratio of 41.99 and P/S ratio of 1.48. The dividend yield of Service Corp. International stocks is 1.4%.


Rating: 2.8/5 (19 votes)

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