GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

David Winters Buys Wynn Resorts Ltd., streetTRACKS Gold, General Dynamics Corp., Sells Brookfield Asset Management Inc. Ltd., Allegheny Energy Inc., Philip Morris International

insider

After the market decline since last October, David Winters thinks It is a great time to buy cheap. Being a value investor looking for opportunities all over the world, he is able to uncover investment ideas that are not known to others and achieve outstanding performances. These are his buys and sells during the first quarter.

David Winters buys UltraShort Financials ProShares, streetTRACKS Gold, General Dynamics Corp., UltraShort FTSE/Xinhua China 25 ProShare, sells Brookfield Asset Management Inc. Ltd., Allegheny Energy Inc., Brookfield Infrastructure Partners L.P., Google Inc., Harrah's Entertainment Inc., Liberty Media Corp. Interactive Common S, Penn National Gaming Inc., PHILIP MORRIS INTERNATIONAL INC, Weyerhaeuser Company during the 3-months ended 03/31/2008, according to the most recent filings of his investment company, Wintergreen Advisors. David Winters owns 17 stocks with a total value of $796 million. These are the details of the buys and sells.

For the details of David Winters's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Winters

Added: Wynn Resorts Ltd. (WYNN)

David Winters added to his holdings in Wynn Resorts Ltd. by 15.87%. His purchase prices were between $92.82 and $119, with an estimated average price of $103.8. The impact to his portfolio due to this purchase was 3.05%. His holdings were 1,763,147 shares as of 03/31/2008.

Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. The company owns and operates Wynn Las Vegas casino resort in Las Vegas. Wynn Resorts Ltd. has a market cap of $12.25 billion; its shares were traded at around $105.3 with a P/E ratio of 49.40 and P/S ratio of 4.18.

Added: BCE Inc. (BCE)

David Winters added to his holdings in BCE Inc. by 194.28%. His purchase prices were between $34.37 and $38.6, with an estimated average price of $36. The impact to his portfolio due to this purchase was 1.54%. His holdings were 547,950 shares as of 03/31/2008.

BCE, Inc. provides wireline and wireless communications services, Internet access, data services, and video services in Canada. The company provides various services, including local telephone; long distance; data, which comprise Internet access, BCE Inc. has a market cap of $31.42 billion; its shares were traded at around $38.82 with a P/E ratio of 8.05 and P/S ratio of 1.76. The dividend yield of BCE Inc. stocks is 4%.

Added: Chesapeake Energy Corp. (CHK)

David Winters added to his holdings in Chesapeake Energy Corp. by 1.77%. His purchase prices were between $36.05 and $47.83, with an estimated average price of $41.8. The impact to his portfolio due to this purchase was 0.18%. His holdings were 1,746,350 shares as of 03/31/2008.

Chesapeake Energy Corporation, an oil and natural gas exploration and production company, engages in the acquisition, exploration, and development of properties for the production of crude oil and natural gas from underground reservoirs. Chesapeake Energy Corp. has a market cap of $29.35 billion; its shares were traded at around $57.16 with a P/E ratio of 31.41 and P/S ratio of 3.75. The dividend yield of Chesapeake Energy Corp. stocks is 0.5%.

New Purchase: UltraShort Financials ProShares (SKF)

David Winters initiated holdings in UltraShort Financials ProShares. His purchase prices were between $92.24 and $133.12, with an estimated average price of $114.8. The impact to his portfolio due to this purchase was 6.37%. His holdings were 431,048 shares as of 03/31/2008.

 

New Purchase: streetTRACKS Gold (GLD)

David Winters initiated holdings in streetTRACKS Gold. His purchase prices were between $85.13 and $98.71, with an estimated average price of $91.3. The impact to his portfolio due to this purchase was 1.62%. His holdings were 143,000 shares as of 03/31/2008.


New Purchase: General Dynamics Corp. (GD)

David Winters initiated holdings in General Dynamics Corp.. His purchase prices were between $80.47 and $85.91, with an estimated average price of $83.3. The impact to his portfolio due to this purchase was 1.09%. His holdings were 104,123 shares as of 03/31/2008.

General Dynamics Corporation provides business aviation; combat vehicles, weapons systems, and munitions; shipbuilding design and construction; and information systems, technologies, and services. General Dynamics Corp. has a market cap of $37.14 billion; its shares were traded at around $93.24 with a P/E ratio of 17.16 and P/S ratio of 1.33. The dividend yield of General Dynamics Corp. stocks is 1.5%.

New Purchase: UltraShort FTSE/Xinhua China 25 ProShare (FXP)

David Winters initiated holdings in UltraShort FTSE/Xinhua China 25 ProShare. His purchase prices were between $74.15 and $108.95, with an estimated average price of $92.3. The impact to his portfolio due to this purchase was 0.36%. His holdings were 30,600 shares as of 03/31/2008.


Reduced: CocaCola FEMSA S.A.B. de C.V. (KOF)

David Winters reduced to his holdings in CocaCola FEMSA S.A.B. de C.V. by 23.49%. His sale prices were between $45.36 and $56.64, with an estimated average price of $51.1. The impact to his portfolio due to this sale was 0.91%. David Winters still held 158,941 shares as of 03/31/2008.

Coca-Cola FEMSA, S.A.B. de C.V., together with its subsidiaries, operates as a bottler of Coca-Cola trademark beverages in Latin America. It produces, distributes, and markets Coca-Cola, Sprite, Fanta, Lift, Fresca, and other Coca-Cola trademark. CocaCola FEMSA S.A.B. de C.V. has a market cap of $10.93 billion; its shares were traded at around $58.03 with a P/E ratio of 15.71 and P/S ratio of 1.60. The dividend yield of CocaCola FEMSA S.A.B. de C.V. stocks is 0.9%.

Reduced: Altria Group Inc. (MO)

David Winters reduced to his holdings in Altria Group Inc. by 56.71%. His sale prices were between $21.67 and $24.12, with an estimated average price of $22.6. The impact to his portfolio due to this sale was 0.63%. David Winters still held 351,716 shares as of 03/31/2008.

Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in the United States and internationally. Altria Group Inc. has a market cap of $47.07 billion; its shares were traded at around $22 with a P/E ratio of 4.99 and P/S ratio of 1.21. The dividend yield of Altria Group Inc. stocks is 14.1%.

Sold Out: Weyerhaeuser Company (WY)

David Winters sold out his holdings in Weyerhaeuser Company. His sale prices were between $59.53 and $68.87, with an estimated average price of $63.1. The impact to his portfolio due to this sale was less than 0.01%.

Weyerhaeuser Company engages in growing and harvesting timber, as well as in the manufacture, distribution, and sale of forest products primarily in the United States and Canada. Weyerhaeuser Company has a market cap of $14.15 billion; its shares were traded at around $64.84 with P/S ratio of 0.87. The dividend yield of Weyerhaeuser Company stocks is 3.8%.

Sold Out: PHILIP MORRIS INTERNATIONAL INC (PM)

David Winters sold out his holdings in PHILIP MORRIS INTERNATIONAL INC. His sale prices were between $49.15 and $51.06, with an estimated average price of $50.1. The impact to his portfolio due to this sale was less than 0.01%.

Philip Morris International, Inc. operates as a tobacco company worldwide. It produces and sells cigarettes under Marlboro and L&M brand names. The company is based in Rye Brook, New York. PHILIP MORRIS INTERNATIONAL INC has a market cap of $112.25 billion; its shares were traded at around $52.67 with a P/E ratio of 1.24 and P/S ratio of 4.71.

Sold Out: Penn National Gaming Inc. (PENN)

David Winters sold out his holdings in Penn National Gaming Inc.. His sale prices were between $40.58 and $58.74, with an estimated average price of $48.4. The impact to his portfolio due to this sale was less than 0.01%.

Penn National Gaming, Inc. engages in the ownership and operation of gaming and pari-mutuel properties in the United States. As of December 31, 2007, it operated 23,077 gaming machines and 398 table games, Penn National Gaming Inc. has a market cap of $3.83 billion; its shares were traded at around $45.37 with a P/E ratio of 24.91 and P/S ratio of 1.60.

Sold Out: Liberty Media Corp. Interactive Common S (LINTA)

David Winters sold out his holdings in Liberty Media Corp. Interactive Common S. His sale prices were between $14.14 and $17.49, with an estimated average price of $15.6. The impact to his portfolio due to this sale was less than 0.01%.

Liberty Media Interactive engages in video and online commerce in the United States and internationally. The company, through its subsidiary, markets and sells various consumer products, including home, apparel and accessories, and jewelry. Liberty Media Corp. Interactive Common S has a market cap of $9.98 billion; its shares were traded at around $16.25 with a P/E ratio of 22.73 and P/S ratio of 1.24.

Sold Out: Harrah's Entertainment Inc. (HET)

David Winters sold out his holdings in Harrah's Entertainment Inc.. His sale prices were between $87.68 and $89.97, with an estimated average price of $88.8. The impact to his portfolio due to this sale was less than 0.01%.

Harrah's Entertainment, Inc., through its subsidiary, Harrah's Operating Company, Inc., operates casino entertainment facilities primarily in the United States. Harrah's Entertainment Inc. has a market cap of $ million; its shares were traded at around $0 . The dividend yield of Harrah's Entertainment Inc. stocks is 1.8%.

Sold Out: Google Inc. (GOOG)

David Winters sold out his holdings in Google Inc.. His sale prices were between $433.35 and $657, with an estimated average price of $518.9. The impact to his portfolio due to this sale was less than 0.01%.

Google, Inc., a technology company, maintains index of Web sites and other online content for users, advertisers, Google network members, and other content providers. Google Inc. has a market cap of $181.93 billion; its shares were traded at around $576.3 with a P/E ratio of 40.83 and P/S ratio of 9.96.

Sold Out: Brookfield Infrastructure Partners L.P. (BIP)

David Winters sold out his holdings in Brookfield Infrastructure Partners L.P.. His sale prices were between $15.52 and $20.42, with an estimated average price of $18.3. The impact to his portfolio due to this sale was less than 0.01%.

Brookfield Infrastructure Partners L.P. engages in the ownership and operation of electricity transmission systems and timberlands in North and South America. Brookfield Infrastructure Partners L.P. has a market cap of $N/A million; its shares were traded at around $20.01 . The dividend yield of Brookfield Infrastructure Partners L.P. stocks is 0.5%.

Sold Out: Brookfield Asset Management Inc. Ltd. (BAM)

David Winters sold out his holdings in Brookfield Asset Management Inc. Ltd.. His sale prices were between $26.68 and $34.25, with an estimated average price of $30.2. The impact to his portfolio due to this sale was less than 0.01%.

Brookfield Asset Management Inc. is a publicly owned asset management holding company with approximately $50 billion in assets under management. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Brookfield Asset Management Inc. Ltd. has a market cap of $22.2 billion; its shares were traded at around $35.08 with a P/E ratio of 29.10 and P/S ratio of 1.95. The dividend yield of Brookfield Asset Management Inc. Ltd. stocks is 1.5%.

Sold Out: Allegheny Energy Inc. (AYE)

David Winters sold out his holdings in Allegheny Energy Inc.. His sale prices were between $47.38 and $62.46, with an estimated average price of $53.6. The impact to his portfolio due to this sale was less than 0.01%.

Allegheny Energy, Inc., through its subsidiaries, engages in the ownership and operation of electric generation facilities, as well as delivers electric services to customers in Pennsylvania, West Virginia, Maryland, and Virginia. Allegheny Energy Inc. has a market cap of $8.53 billion; its shares were traded at around $51.12 with a P/E ratio of 19.71 and P/S ratio of 2.57. The dividend yield of Allegheny Energy Inc. stocks is 1.2%.

David Winters Buys Wynn Resorts Ltd., streetTRACKS Gold, General Dynamics Corp., Sells Brookfield Asset Management Inc. Ltd., Allegheny Energy Inc., Philip Morris International


Rating: 1.9/5 (18 votes)

Comments

yogurt
Yogurt - 6 years ago
Isn't anybody else surprised by his purchases: SKF, GLD, FXP?

I actually like these moves. It shows me he is ACTIVELY trying to protect my money.

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK