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James Barrow’s Mutual Fund Top Picks and Performance

July 20, 2013 | About:
Sally Jones

Sally Jones

49 followers
The current portfolio of James Barrow, executive director of Barrow, Hanley, Mewhinney & Strauss of Dallas, Texas, lists 159 stocks, 7 of them new, with a total value of $5.55 billion and a quarter-over-quarter turnover of 6%. The firm currently manages $70 billion in assets.

With 51 years of investment experience, Guru James Barrow also manages his firm’s Large Cap Value & Mid Cap Value Equity portfolio. Here’s a top holdings update:

No. 1: Philip Morris International Inc. (PM) – Up 2% Year-to-Date

Weighting: 3.5%

Shares Owned: 20,703,300

Share Price: $88.61

With 1.26% of shares outstanding, James Barrow is the top Guru shareholder of PM.

In the past five years of trading PM, Barrow has seen only two quarters of losses. His highest gain of 134.7% was made in the first quarter of 2009.

Tobacco giant, Philip Morris International Inc. (PM) is a Virginia holding company with a market cap of $145.72 billion. PM shares were traded at around $88.61 with a P/E ratio of 17.00 and P/S ratio of 1.92. The dividend yield of Philip Morris stocks is 3.80%. Philip Morris International Inc. has had an annual average earnings growth of 14.5% over the past 5 years.

Historical pricing:

1374269876688.png

No. 2: Pfizer Inc. (PFE) – Up 23% over 12 Months

Weighting: 3%

Shares Owned: 58,282,831

Share Price: $29.09

With 0.81% of shares outstanding, James Barrow is a key shareholder of PFE, second only to Dodge & Cox with 0.97% of the company. In 5 years of trading with almost all double-digit gains, Barrow’s highest gain of 103.3% was in the second quarter of 2009.

Drug manufacturer Pfizer Inc. (PFE) has a market cap of $206.91 billion. PFE shares were traded at around $29.09 with a P/E ratio of 13.90 and P/S ratio of 3.67. The dividend yield of Pfizer stocks is 3.20%. Pfizer Inc. has had an annual average earnings growth of 4.9% over the past 10 years. GuruFocus rated Pfizer the business predictability rank of 3-star.

Historical pricing:

1374270179050.png

No. 3: American Express Co. (AXP) – Up 33% over 12 Months

Weighting: 3%

Shares Owned: 24,641,183

Share Price: $74.06

With 2.23% of shares outstanding, James Barrow is the third top Guru shareholder of AXP.

In five years of trading with enormous gains, Barrow’s highest run was the fourth quarter of 2008 through the third quarter of 2009; in those three consecutive quarters he had gains of 221.7%, 390.5% and 219.4%, respectively.

Founded in 1850, American Express Co. (AXP) began as a joint stock association and was later incorporated in 1965 as a New York corporation. American Express Co. has a market cap of $84.43 billion. AXP shares were traded at around $74.06 with a P/E ratio of 18.80 and P/S ratio of 2.61. The dividend yield of American Express stocks is 1.10%. American Express Co. has had an annual average earnings growth of 5.1% over the past 10 years. GuruFocus rated American Express the business predictability rank of 3.5-star.

Historical pricing:

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No. 4: Wells Fargo & Co. (WFC) – Up 31% over 12 Months

Weighting: 2.8%

Shares Owned: 41,602,620

Share Price: $44.45

In the past five years of trading Wells Fargo, Barrow has seen major gains, Barrow has averaged an 80% gain on about 24.4 million shares bought at an average price of $24.63. On a little more than 13.7 million shares bought at an average price of $29.73 per share, Barrow has averaged a gain of 50%.

Barrow’s highest WFC gain of 168.9% was in the first quarter of 2009.

Wells Fargo & Co. (WFC) has a market cap of $230.65 billion. WFC shares were traded at around $44.45 with a P/E ratio of 12.30 and P/S ratio of 2.80. The dividend yield of Wells Fargo stocks is 2.20%. Wells Fargo & Co. has had an annual average earnings growth of 1.6% over the past 10 years.

Historical pricing:

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During his long investment career, James Barrow has worked as a securities analyst and portfolio manager for several major institutions including Citizens & Southern Bank of South Carolina, Atlantic Richfield, Reliance Insurance and Republic National Bank of Dallas. Founding of this firm in 1979, Barrow is the lead portfolio manager for the Vanguard Windsor II and Selected Value Funds.

Here is the complete portfolio of James Barrow.



1. James Barrow's Undervalued Stocks

2. James Barrow's Top Growth Companies

3. James Barrow's High Yield stocks

4. Stocks that James Barrow keeps buying

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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."

Rating: 3.8/5 (4 votes)

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