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John Hussman Selling Update

November 03, 2013 | About:
Sally Jones

Sally Jones

49 followers
Guru John Hussman was a very active trader in the third quarter. The updated portfolio of Hussman Econometrics Advisors has 207 stocks, 27 of them new, a total value at $1.8 billion, with a quarter-over-quarter turnover of 22%. The portfolio is weighted with top three sectors: healthcare at 20.5%, consumer defensive at 16.7% and consumer cyclical at 15.4%. Dr. John Hussman is averaging a 12-month return of 14.42%.

Here are just four recent sell outs from Hussman’s numerous portfolio changes in the third quarter of 2013, starting with Best Buy Co. Inc. (BBY) up 264% since January.



Best Buy Co. Inc. (BBY): Sold Out


Up 197% over 12 months, Best Buy Co. Inc. has a market cap of $14.66 billion; its shares were traded at around $42.93 with a P/B ratio of 4.07. The dividend yield is 1.58%.

Guru Action: As of Sept. 30, 2013, John Hussman sold out his position unloading 2,250 shares at an average price of $33.22, for a gain of 29.2%. Hussman is a long-time stakeholder making years of gains on BBY. Hussman’s gains peaked in the second, third and fourth quarters of 2012 at 109.9%, 130.1% and 196.5%, respectively.

Track historical share pricing, revenue and net income:

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CDI Corporation (CDI): Sold Out

Down 10% over 12 months, CDI Corporation has a market cap of $305.56 million; its shares were traded at around $15.71 with a P/E ratio of 19.10. The dividend yield is 3.31%.

Guru Action: As of Sept. 30, 2013, John Hussman sold out his position unloading 7,000 shares at an average price of $14.90, for a gain of 5.4%. Hussman held CDI for only two quarters, making a gain of 5.5% in the second quarter of 2013 when he made a new buy of 7,000 shares at an average price of $14.89 per share.

Track historical share pricing, revenue and net income:

1383519987740.png



Molex Inc. (MOLX): Sold Out

Up 47% over 12 months, Molex Inc. has a market cap of $6.9 billion; its shares were traded at around $38.54 with a P/E ratio of 27.20. The dividend yield is 2.39%.

Guru Action: As of Sept. 30, 2013, John Hussman sold out his MOLX position, selling 3,000 shares at an average price of $32.11, for a gain of 20%. Hussman held for three quarters total, also gaining 42.9% on 1,500 shares bought at an average price of $26.97, in the first quarter of 2012. He gained 46.3% on 1,500 bought at an average price of $26.35, in the fourth quarter of 2012.

Track historical share pricing, revenue and net income:

1383520189170.png

Norfolk Southern Corporation (NSC): Sold Out

Up 43% over 12 months, Norfolk Southern Corporation has a market cap of $26.88 billion; its shares were traded at around $87.00 with a P/E ratio of 15.30. The dividend yield is 2.34%.

Guru Action: As of Sept. 30, 2013, John Hussman sold out his position unloading 1,000 shares at an average price of $74.91, for a gain of 16.1%. Hussman held NSC for only two quarters, making a gain of 40.2% in the fourth quarter of 2012 when he made a new buy of 1,000 shares at an average price of $62.04 per share.

Track historical share pricing, revenue and net income:

1383520412788.png

Here is the complete portfolio of John Hussman.



Be sure to read about Hussman’s new buys in the third quarter of 2013.

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GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.

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: 5.0/5 (1 vote)

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