In the second quarter, he bought just three new stocks: Mohawk Industries Inc. (NYSE:MHK), Weatherford International PLC (NYSE:WFT) and Ryland Group Inc. (NYSE:RYL).
At the quarter’s end, he held 50 stocks total, in a portfolio valued at $7.2 billion. He had also placed 25.9% of the portfolio into the consumer cyclical sector, 18.4% into technology and 17.7% into industrials as his top-weighted sectors.
The new buys
Mohawk Industries Inc. (NYSE:MHK)
Tepper purchased 568,129 shares of Mohawk Industries Inc., for a portfolio space of 1.1%. The stock’s price averaged $135 for the quarter.
Mohawk Industries Inc. is a Delaware Corporation. The company is a producer of floor covering products for residential and commercial applications in the U.S. Mohawk Industries Inc. has a market cap of $10.19 billion; its shares were traded at around $139.92 with a P/E ratio of 22.80 and P/S ratio of 1.30. Mohawk Industries Inc. had an annual average earnings growth of 18.70% over the past five years.
Weatherford International PLC (NYSE:WFT)
Tepper bought 2,667,195 shares of Weatherford International PLC, for 0.86% of his portfolio. The stocks’ share price averaged $21 in the second quarter.
Weatherford International Ltd. was originally incorporated in Delaware in 1972, and as a result of its corporate reorganization in 2002, is now incorporated in Bermuda. Weatherford International Plc has a market cap of $16.4 billion; its shares were traded at around $21.20 with and P/S ratio of 1.20. Weatherford International Plc had an annual average earnings growth of 4.00% over the past 10 years.
Ryland Group Inc. (NYSE:RYL)
Tepper bought 1,083,471 shares of Ryland Group Inc., for 0.6% of the portfolio. The stocks’ share price averaged $38 for the quarter.
Ryland Group Inc. is a Maryland corporation, which was founded in 1967. Ryland Group Inc. has a market cap of $1.63 billion; its shares were traded at around $34.67 with a P/E ratio of 12.10 and P/S ratio of 0.80. The dividend yield of Ryland Group Inc. stocks is 0.40%.
See more of David Tepper (Trades, Portfolio)’s stocks in his portfolio. Not a Premium Member of GuruFocus? Try it free for 7 days here.