FPA Crescent Fund Team, led by Steven Romick (Trades, Portfolio), was just named 2013 Morningstar U.S. Allocation Fund Manager of the Year. Mr. Romick likes to invest in companies that are traded at a discount. But he always keeps an eye on protecting capital. To learn more about Steven Romick (Trades, Portfolio), please go to this interview .
Steven Romick (Trades, Portfolio) buys Check Point Software Technologies, Ltd., Vodafone Group PLC, Qualcomm, Inc., Intel Corp, , Oracle Corporation, TE Connectivity Ltd, , , American International Group Inc, Regis Corporation, sells Rhino Resource Partners LP, Hewlett-Packard Co, ITT Corp, Lowe's Companies Inc., Omnicare Inc, Aon plc, Rowan Companies PLC during the 3-months ended 12/31/2013, according to the most recent filings of his investment company, FPA Crescent Fund. As of 12/31/2013, FPA Crescent Fund owns 51 stocks with a total value of $8.2 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Steven Romick (Trades, Portfolio)
1. Microsoft Corporation (MSFT) - 15,013,700 shares, 6.8% of the total portfolio.
2. Oracle Corporation (ORCL) - 13,305,200 shares, 6.2% of the total portfolio. Shares added by 25.82%
3. Aon plc (AON) - 5,755,000 shares, 5.9% of the total portfolio. Shares reduced by 7.91%
4. CVS Caremark Corp (CVS) - 6,805,000 shares, 5.9% of the total portfolio.
5. Thermo Fisher Scientific Inc (TMO) - 3,695,000 shares, 5.0% of the total portfolio.
New Purchase: Check Point Software Technologies, Ltd. (CHKP, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Check Point Software Technologies, Ltd.. His purchase prices were between $55.698 and $64.26, with an estimated average price of $60.11. The impact to his portfolio due to this purchase was 2.1%. His holdings were 2,680,000 shares as of 12/31/2013.
New Purchase: Vodafone Group PLC (VOD, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Vodafone Group PLC. His purchase prices were between $34.435 and $39.25, with an estimated average price of $36.9. The impact to his portfolio due to this purchase was 2%. His holdings were 4,097,100 shares as of 12/31/2013.
New Purchase: Qualcomm, Inc. (QCOM, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Qualcomm, Inc.. His purchase prices were between $65.71 and $73.8, with an estimated average price of $70.52. The impact to his portfolio due to this purchase was 1.9%. His holdings were 2,100,000 shares as of 12/31/2013.
New Purchase: Intel Corp (INTC, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Intel Corp. His purchase prices were between $22.48 and $25.85, with an estimated average price of $24.18. The impact to his portfolio due to this purchase was 1.8%. His holdings were 5,727,900 shares as of 12/31/2013.
New Purchase: Norsk Hydro ASA (NHY, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Norsk Hydro ASA. His purchase prices were between $24.61 and $27.4, with an estimated average price of $25.92. The impact to his portfolio due to this purchase was 1.4%. His holdings were 26,646,634 shares as of 12/31/2013.
New Purchase: TE Connectivity Ltd (TEL)
Steven Romick (Trades, Portfolio) initiated holdings in TE Connectivity Ltd. His purchase prices were between $49.91 and $54.58, with an estimated average price of $52.56. The impact to his portfolio due to this purchase was 0.88%. His holdings were 1,320,000 shares as of 12/31/2013.
New Purchase: Regis Corporation (RGS)
Steven Romick (Trades, Portfolio) initiated holdings in Regis Corporation. His purchase prices were between $14.06 and $16.12, with an estimated average price of $15.04. The impact to his portfolio due to this purchase was 0.07%. His holdings were 413,100 shares as of 12/31/2013.
Sold Out: Renault SA (RNO)
Steven Romick (Trades, Portfolio) sold out his holdings in Renault SA. His sale prices were between $57.04 and $68.39, with an estimated average price of $62.28.
Sold Out: Hewlett-Packard Co (HPQ)
Steven Romick (Trades, Portfolio) sold out his holdings in Hewlett-Packard Co. His sale prices were between $20.75 and $28.31, with an estimated average price of $25.31.
Sold Out: ITT Corp (ITT)
Steven Romick (Trades, Portfolio) sold out his holdings in ITT Corp. His sale prices were between $35.45 and $43.5, with an estimated average price of $39.75.
Sold Out: Lowe's Companies Inc. (LOW)
Steven Romick (Trades, Portfolio) sold out his holdings in Lowe's Companies Inc.. His sale prices were between $46.5 and $51.95, with an estimated average price of $48.58.
Sold Out: Omnicare Inc (OCR)
Steven Romick (Trades, Portfolio) sold out his holdings in Omnicare Inc. His sale prices were between $53.81 and $60.39, with an estimated average price of $57.24.
Sold Out: Rowan Companies PLC (RDC)
Steven Romick (Trades, Portfolio) sold out his holdings in Rowan Companies PLC. His sale prices were between $32.94 and $37.73, with an estimated average price of $35.69.
Added: Oracle Corporation (ORCL, Financial)
Steven Romick (Trades, Portfolio) added to his holdings in Oracle Corporation by 25.82%. His purchase prices were between $32.19 and $37.99, with an estimated average price of $34.33. The impact to his portfolio due to this purchase was 1.27%. His holdings were 13,305,200 shares as of 12/31/2013.
Added: Unilever NV (UNA)
Steven Romick (Trades, Portfolio) added to his holdings in Unilever NV by 41.94%. His purchase prices were between $27.495 and $29.39, with an estimated average price of $28.58. The impact to his portfolio due to this purchase was 0.56%. His holdings were 3,960,000 shares as of 12/31/2013.
Added: Groupe Bruxelles Lambert (GBLB)
Steven Romick (Trades, Portfolio) added to his holdings in Groupe Bruxelles Lambert by 11.2%. His purchase prices were between $62.43 and $66.29, with an estimated average price of $64.63. The impact to his portfolio due to this purchase was 0.26%. His holdings were 2,358,735 shares as of 12/31/2013.
Added: American International Group Inc (AIG)
Steven Romick (Trades, Portfolio) added to his holdings in American International Group Inc by 6.42%. His purchase prices were between $47.3 and $52.3, with an estimated average price of $49.83. The impact to his portfolio due to this purchase was 0.21%. His holdings were 5,500,000 shares as of 12/31/2013.
Reduced: Nissan Motor (7201)
Steven Romick (Trades, Portfolio) reduced to his holdings in Nissan Motor by vered. His sale prices were between $861 and $1027, with an estimated average price of $935.33. The impact to his portfolio due to this sale was 1.9%. Steven Romick (Trades, Portfolio) still held 0 shares as of 12/31/2013.
Reduced: Jarden Corporation (JAH)
Steven Romick (Trades, Portfolio) reduced to his holdings in Jarden Corporation by vered. His sale prices were between $46.74 and $60.88, with an estimated average price of $54.43. The impact to his portfolio due to this sale was 0.11%. Steven Romick (Trades, Portfolio) still held 0 shares as of 12/31/2013.
Reduced: Pool Corp (POOL)
Steven Romick (Trades, Portfolio) reduced to his holdings in Pool Corp by vered. His sale prices were between $52.77 and $58.06, with an estimated average price of $55.14. The impact to his portfolio due to this sale was 0.08%. Steven Romick (Trades, Portfolio) still held 0 shares as of 12/31/2013.
Reduced: Aon plc (AON)
Steven Romick (Trades, Portfolio) reduced to his holdings in Aon plc by 7.91%. His sale prices were between $71.25 and $83.93, with an estimated average price of $79.23. The impact to his portfolio due to this sale was -0.53%. Steven Romick (Trades, Portfolio) still held 5,755,000 shares as of 12/31/2013.
Here is the complete portfolio of Steven Romick. Also check out:
1. Steven Romick's Undervalued Stocks
2. Steven Romick's Top Growth Companies, and
3. Steven Romick's High Yield stocks
4. Stocks that Steven Romick keeps buying
Steven Romick (Trades, Portfolio) buys Check Point Software Technologies, Ltd., Vodafone Group PLC, Qualcomm, Inc., Intel Corp, , Oracle Corporation, TE Connectivity Ltd, , , American International Group Inc, Regis Corporation, sells Rhino Resource Partners LP, Hewlett-Packard Co, ITT Corp, Lowe's Companies Inc., Omnicare Inc, Aon plc, Rowan Companies PLC during the 3-months ended 12/31/2013, according to the most recent filings of his investment company, FPA Crescent Fund. As of 12/31/2013, FPA Crescent Fund owns 51 stocks with a total value of $8.2 billion. These are the details of the buys and sells.
- New Purchases: CHKP, VOD, QCOM, INTC, NHY, TEL, RGS,
- Added Positions: ORCL, UNA, GBLB, AIG,
- Reduced Positions: AON,
- Sold Out: RNO, HPQ, ITT, LOW, OCR, RDC,
This is the sector weightings of his portfolio:
| Technology | 30.3% |
| Financial Services | 17.9% |
| Consumer Defensive | 16.5% |
| Healthcare | 15% |
| Consumer Cyclical | 8.4% |
| Energy | 6.3% |
| Industrials | 2.2% |
| Communication Services | 2% |
| Basic Materials | 1.4% |
These are the top 5 holdings of Steven Romick (Trades, Portfolio)
1. Microsoft Corporation (MSFT) - 15,013,700 shares, 6.8% of the total portfolio.
2. Oracle Corporation (ORCL) - 13,305,200 shares, 6.2% of the total portfolio. Shares added by 25.82%
3. Aon plc (AON) - 5,755,000 shares, 5.9% of the total portfolio. Shares reduced by 7.91%
4. CVS Caremark Corp (CVS) - 6,805,000 shares, 5.9% of the total portfolio.
5. Thermo Fisher Scientific Inc (TMO) - 3,695,000 shares, 5.0% of the total portfolio.
New Purchase: Check Point Software Technologies, Ltd. (CHKP, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Check Point Software Technologies, Ltd.. His purchase prices were between $55.698 and $64.26, with an estimated average price of $60.11. The impact to his portfolio due to this purchase was 2.1%. His holdings were 2,680,000 shares as of 12/31/2013.
New Purchase: Vodafone Group PLC (VOD, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Vodafone Group PLC. His purchase prices were between $34.435 and $39.25, with an estimated average price of $36.9. The impact to his portfolio due to this purchase was 2%. His holdings were 4,097,100 shares as of 12/31/2013.
New Purchase: Qualcomm, Inc. (QCOM, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Qualcomm, Inc.. His purchase prices were between $65.71 and $73.8, with an estimated average price of $70.52. The impact to his portfolio due to this purchase was 1.9%. His holdings were 2,100,000 shares as of 12/31/2013.
New Purchase: Intel Corp (INTC, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Intel Corp. His purchase prices were between $22.48 and $25.85, with an estimated average price of $24.18. The impact to his portfolio due to this purchase was 1.8%. His holdings were 5,727,900 shares as of 12/31/2013.
New Purchase: Norsk Hydro ASA (NHY, Financial)
Steven Romick (Trades, Portfolio) initiated holdings in Norsk Hydro ASA. His purchase prices were between $24.61 and $27.4, with an estimated average price of $25.92. The impact to his portfolio due to this purchase was 1.4%. His holdings were 26,646,634 shares as of 12/31/2013.
New Purchase: TE Connectivity Ltd (TEL)
Steven Romick (Trades, Portfolio) initiated holdings in TE Connectivity Ltd. His purchase prices were between $49.91 and $54.58, with an estimated average price of $52.56. The impact to his portfolio due to this purchase was 0.88%. His holdings were 1,320,000 shares as of 12/31/2013.
New Purchase: Regis Corporation (RGS)
Steven Romick (Trades, Portfolio) initiated holdings in Regis Corporation. His purchase prices were between $14.06 and $16.12, with an estimated average price of $15.04. The impact to his portfolio due to this purchase was 0.07%. His holdings were 413,100 shares as of 12/31/2013.
Sold Out: Renault SA (RNO)
Steven Romick (Trades, Portfolio) sold out his holdings in Renault SA. His sale prices were between $57.04 and $68.39, with an estimated average price of $62.28.
Sold Out: Hewlett-Packard Co (HPQ)
Steven Romick (Trades, Portfolio) sold out his holdings in Hewlett-Packard Co. His sale prices were between $20.75 and $28.31, with an estimated average price of $25.31.
Sold Out: ITT Corp (ITT)
Steven Romick (Trades, Portfolio) sold out his holdings in ITT Corp. His sale prices were between $35.45 and $43.5, with an estimated average price of $39.75.
Sold Out: Lowe's Companies Inc. (LOW)
Steven Romick (Trades, Portfolio) sold out his holdings in Lowe's Companies Inc.. His sale prices were between $46.5 and $51.95, with an estimated average price of $48.58.
Sold Out: Omnicare Inc (OCR)
Steven Romick (Trades, Portfolio) sold out his holdings in Omnicare Inc. His sale prices were between $53.81 and $60.39, with an estimated average price of $57.24.
Sold Out: Rowan Companies PLC (RDC)
Steven Romick (Trades, Portfolio) sold out his holdings in Rowan Companies PLC. His sale prices were between $32.94 and $37.73, with an estimated average price of $35.69.
Added: Oracle Corporation (ORCL, Financial)
Steven Romick (Trades, Portfolio) added to his holdings in Oracle Corporation by 25.82%. His purchase prices were between $32.19 and $37.99, with an estimated average price of $34.33. The impact to his portfolio due to this purchase was 1.27%. His holdings were 13,305,200 shares as of 12/31/2013.
Added: Unilever NV (UNA)
Steven Romick (Trades, Portfolio) added to his holdings in Unilever NV by 41.94%. His purchase prices were between $27.495 and $29.39, with an estimated average price of $28.58. The impact to his portfolio due to this purchase was 0.56%. His holdings were 3,960,000 shares as of 12/31/2013.
Added: Groupe Bruxelles Lambert (GBLB)
Steven Romick (Trades, Portfolio) added to his holdings in Groupe Bruxelles Lambert by 11.2%. His purchase prices were between $62.43 and $66.29, with an estimated average price of $64.63. The impact to his portfolio due to this purchase was 0.26%. His holdings were 2,358,735 shares as of 12/31/2013.
Added: American International Group Inc (AIG)
Steven Romick (Trades, Portfolio) added to his holdings in American International Group Inc by 6.42%. His purchase prices were between $47.3 and $52.3, with an estimated average price of $49.83. The impact to his portfolio due to this purchase was 0.21%. His holdings were 5,500,000 shares as of 12/31/2013.
Reduced: Nissan Motor (7201)
Steven Romick (Trades, Portfolio) reduced to his holdings in Nissan Motor by vered. His sale prices were between $861 and $1027, with an estimated average price of $935.33. The impact to his portfolio due to this sale was 1.9%. Steven Romick (Trades, Portfolio) still held 0 shares as of 12/31/2013.
Reduced: Jarden Corporation (JAH)
Steven Romick (Trades, Portfolio) reduced to his holdings in Jarden Corporation by vered. His sale prices were between $46.74 and $60.88, with an estimated average price of $54.43. The impact to his portfolio due to this sale was 0.11%. Steven Romick (Trades, Portfolio) still held 0 shares as of 12/31/2013.
Reduced: Pool Corp (POOL)
Steven Romick (Trades, Portfolio) reduced to his holdings in Pool Corp by vered. His sale prices were between $52.77 and $58.06, with an estimated average price of $55.14. The impact to his portfolio due to this sale was 0.08%. Steven Romick (Trades, Portfolio) still held 0 shares as of 12/31/2013.
Reduced: Aon plc (AON)
Steven Romick (Trades, Portfolio) reduced to his holdings in Aon plc by 7.91%. His sale prices were between $71.25 and $83.93, with an estimated average price of $79.23. The impact to his portfolio due to this sale was -0.53%. Steven Romick (Trades, Portfolio) still held 5,755,000 shares as of 12/31/2013.
Here is the complete portfolio of Steven Romick. Also check out:
1. Steven Romick's Undervalued Stocks
2. Steven Romick's Top Growth Companies, and
3. Steven Romick's High Yield stocks
4. Stocks that Steven Romick keeps buying
