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Meryl Witmer's Top Five Stocks as of the Second Quarter

Monica Wolfe

Monica Wolfe

118 followers
Meryl Witmer, a general partner at Witmer Asset Management LLC and Eagle Capital Management LLC, bought seven new stocks over the duration of the second quarter bring her total to 54 stocks valued at over $18.6 billion.

Witmer has also been on the board of directors of Berkshire Hathaway since March 2013 when Warren Buffett appointed her to the position. The classic value investor’s Eagle Capital Partners LP has beat the S&P 500 with an annualized return of 14.6% since its inception in 1988.



The following five companies represent Meryl Witmer’s top five positions as of the close of the second quarter.

Berkshire Hathaway (BRK.B)

Meryl Witmer’s largest position is in Berkshire Hathaway where she holds a total of 11,526,988 shares of the company’s stock. Her holding represents 0.49% of the company’s shares outstanding and 6.9% of her total portfolio.

During the second quarter she increased her position in Berkshire Hathaway by 5.82%. The guru purchased a total of 634,303 shares in the second quarter price range of $103 to $115.31, with an estimated average price of $110.02. Since then the price per share has increased approximately 4.6%.

Witmer’s holding history as of the second quarter:

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Berkshire Hathaway is a holding company owning subsidiaries engaged in a number of diverse business activities, including property and casualty insurance and reinsurance, utilities and energy, finance, manufacturing, service and retailing.

Berkshire Hathaway’s historical revenue and net income:

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The Peter Lynch Chart suggests that BRK.B is currently overvalued:

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Berkshire Hathaway has a market cap of $268.96 billion. Its shares are currently trading at around $115.08 with a P/E ratio of 15.10, a P/S ratio of 1.50 and a P/B ratio of 1.30. They had an annual average earnings growth of 7.8% over the past ten years.

GuruFocus rated Berkshire Hathaway the business predictability rank of 3-star.

Oracle Corporation (ORCL)

Witmer’s second largest holding is in Oracle where she holds a total of 37,704,501 shares, representing 0.80% of the company’s shares outstanding and 6.2% of her total portfolio.

During the second quarter Witmer upped her stake in Oracle by 26.03%. The guru purchased a total of 7,787,429 shares in the second quarter price range of $29.96 to $35.10, with an estimated average price of $33.18. Since then the share price has dropped approximately -2.6%.

Witmer’s holding history as of the second quarter:

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The Company is a provider of enterprise software and a provider of computer hardware products and services.

Oracle’s historical revenue and net income:

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The Peter Lynch Chart suggests that the company is currently undervalued:

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Oracle has a market cap of $149.11 billion. Its shares are currently trading at around $32.20 with a P/E 14.30, a P/S ratio of 4.20 and a P/B ratio of 3.40. The company had an annual average earnings growth of 20% over the past ten years.

GuruFocus rated Oracle the business predictability rank of 5-star.

Microsoft Corporation (MSFT)

Witmer’s third largest holding is in Microsoft where she holds a total of 30,238,107 shares, representing 0.36% of the company’s shares outstanding and 5.6% of her total portfolio.

During the second quarter Witmer increased her position in the company by 19.55%. The guru purchased a total 4,944,353 shares in the second quarter price range of $28.56 to $35.67, with an estimated average price of $32.76. Since then the price per share has decreased approximately -4.2%.

Witmer’s holding history as of June 30:

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The Company generates revenue by developing, manufacturing, licensing, and supporting a wide range of software products and services for many different types of computing devices.

Microsoft’s historical revenue and net income:

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The Peter Lynch Chart suggests that the company is currently undervalued:

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Microsoft has a market cap of $263.42 billion. Its shares are currently trading at around $31.62 with a P/E ratio of 12.40, a P/S ratio of 3.50 and a P/B ratio of 3.40. The company had an average earnings growth of 14.3% over the past ten years.

GuruFocus rated Microsoft the business predictability rank of 3.5-star.

Aon PLC (AON)

Meryl Witmer currently holds 15,742,331 shares of Aon, making it her third largest holding. Her position in Aon represents 5.05% of the company’s shares outstanding and 5.4% of her total portfolio.

During the second quarter Witmer increased her position in Aon by 7.08%. The guru purchased these shares in the second quarter price range of $59.00 to $66.44, with an estimate average price range of $63.37. Since then the share price has increased approximately 8.4%.

Witmer’s holding history as of June 30:

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Aon provides risk management and human capital consulting services, delivering distinctive client value via innovative and effective risk management solutions, including insurance and reinsurance brokerage and workforce productivity solutions.

Aon’s historical revenue and net income:

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The Peter Lynch Chart suggests that the company is currently overvalued:

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Aon has a market cap of $21.12 billion. Its shares are currently trading at around $68.69 with a P/E ratio of 22.00, a P/S ratio of 1.90 and a P/B ratio of 2.80. The company had an annual average earnings growth of 6.3% over the past ten years.

Liberty Global (LBTYK)

Witmer’s fifth largest position is in Liberty Global where the guru holds a total of 12,849,099 shares. Her holdings represent 5% of the company’s shares outstanding and 4.7% of her total portfolio.

During the second quarter, Witmer slightly reduced her position in the company. Witmer decreased her holdings -1.54% by selling a total of 200,609 shares. She sold these shares in the second quarter price range of $64.57 to $73.78, with an estimated average price of $69.23. Since then the price per share has increased approximately 4.2%

Witmer’s holding history as of the second quarter:

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The Company is an international provider of video, broadband internet and telephone services, with continuing consolidated broadband communications and/or direct-to-home satellite operations.

Liberty Global’s historical revenue and earnings growth:

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Liberty Global has a market cap of $28.85 billion. Its shares are currently trading at around $72.14 with a P/E ratio of 60.30, a P/S ratio of 1.80 and a P/B ratio of 1.60. The company had an annual average earnings growth of 2.9% over the past five years.

Check out Meryl Witmer’s second quarter portfolio here.

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Rating: 2.8/5 (4 votes)

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