The hedge fund FMR LLC in its last quarterly 13F reported a total value of its portfolio of $780 billion, with a decrease of 0.61% since the previous quarter. During Q2 2015, the investor bought 188 new stocks and increased 1,155 of its existing stakes. The following are the most heavily weighted buys during the quarter.
it bought shares of Allergan PLC (AGN) with an impact of 0.81% on the total value of its portfolio. The hedge fund started its position in the integrated specialty pharmaceutical company while it was trading at about $300.
It bought shares of Monster Beverage Corp. (MNST) with an impact of 0.31% on its portfolio. Monster Beverage was incorporated in Delaware on April 25, 1990 and formerly known as Hansen Natural Corporation. The company through its subsidiaries markets and distributes energy drinks.
Monster Beverage has a profitability and growth rating of 8 out of 10 with positive returns (ROE 22.92%, ROA 17.86%) that are outperforming 85% of the Global Beverages - Soft Drinks industry. Financial strength has a rating of 9 out of 10 and the company doesn’t have any long or short term debt.
The price of the stock has risen by 472% during the last five years, by 22% year to date and by 45% during the last 12 months. It is currently -15.14% from its 52-week high and +48.70% from its 52-week low.
The company took over other energy drink brands such as Mother, NOS, Full Throttle and Power Play through a deal with Coca-Cola (KO).Â
The main shareholders of the company are Joel Greenblatt (Trades, Portfolio) and Jim Simons (Trades, Portfolio) with 0.13% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.07% of outstanding shares and the hedge fund Pioneer Investments (Trades, Portfolio) with 0.05%.
For a complete report on Monster Beverage Corp, you can check this article.
It bought shares of Youku Tudou Inc (YOKU) with an impact of 0.04% on its portfolio. It is an Internet television company in China. Its internet television platform enables consumers to search, view and share video content quickly and easily across multiple devices. The company provides online video content library, consisting of professionally produced content including television programs and movies, and, to a lesser extent, user-generated content and in-house productions.
Youku Tudou has a profitability and growth rating of 5 out of 10 with positive returns (ROE –9.02%, ROA -7.45%) that are underperforming 75% of the Global Internet Content & Information industry. Financial strength has a rating of 7 out of 10 with a strong cash to debt of 5.21 that is below the industry median of 17.60.
The price of the stock has dropped by 51% during the last five years, by 11% year to date and by 20% during the last 12 months. It is currently -48.32% from its 52-week high and +37.38% from its 52-week low.
In the last quarter, net revenues had a 57% increase from the corresponding period in 2014 and gross profit had an 11% increase from the corresponding period in 2014. The company expects both of these positive trends to continue during the second half of this year.
Chris Davis (Trades, Portfolio) is the main shareholder of the company with 0.49% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.45% and George Soros (Trades, Portfolio) with 0.09%.
It bought shares of Essendant Inc. (ESND) with an impact of 0.03% on its portfolio. It is a national wholesale distributor of business products including technology products, traditional office products, office furniture, janitorial and breakroom supplies, and industrial supplies. Its product portfolio includes technology products, traditional office products, office furniture, janitorial and breakroom supplies, and industrial supplies.
Essendant has a profitability and growth rating of 7 out of 10 with positive returns (ROE 10.67%, ROA 4.00%) that are outperforming 54% of the Global Business Equipment industry. Financial strength has a rating of 8 out of 10 with a very low cash to debt ratio of 0.05 that is underperforming 95% of the industry, which has an average ratio of 0.99.
The price of the stock has risen by 26% during the last five years, has dropped by 21% since the beginning of the year and by 19% during the last 12 months; it is currently -26.59% from its 52-week high and +0.70% from its 52-week low.
During the last quarter, sales increased 1.6% and gross margin was 15.8%, up from 15.1% in the prior year quarter. Adjusted earnings per share were $0.82 compared to earnings per share of $0.85 in the prior year quarter.
Richard Pzena (Trades, Portfolio) with 1.96% of outstanding shares is the main shareholder of the company, followed by James Barrow (Trades, Portfolio) with 0.32% and Paul Tudor Jones (Trades, Portfolio) with 0.03%.Â
It bought shares of Starbucks Corp. (SBUX), increasing its existing stake by 97%. The company is the roaster, marketer & retailer of specialty coffee in the world, operating in 65 countries.
The company is profitable with strong returns: ROE is 48.11% and ROA is 22.99%. Operating margin is 18.92% and net margin is 14.61%. All these ratios are outperforming 93% of the Global Restaurants industry; these ratios at current levels are even topping the recent company’s history. Financial strength has a rating of 8 out of 10 with a cash to debt of 0.75 that is slightly above the industry median of 0.67.
The price of the stock has risen by 330% during the last five years, by 36% year to date, by 45% during the last 12 months and it is currently -6.66% from its 52-week high and +56.48% from its 52-week low.
The main shareholder is Pioneer Investments (Trades, Portfolio) with 0.34% of outstanding shares, followed by Louis Moore Bacon (Trades, Portfolio), Steven Cohen (Trades, Portfolio), RS Investment Management (Trades, Portfolio), Ron Baron (Trades, Portfolio) and Mario Gabelli (Trades, Portfolio) with an easy stake of 0.01%.
It bought shares of Walt Disney Co (DIS) with an increase of its existing stake by 12.97%. The company, together with its subsidiaries, is a diversified entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media.
DIS has a profitability and growth rating of 8 out of 10 with positive returns (ROE 18.20%, ROA 9.66%) and margins (net-margin 16.11%, operating margin 24.02%) that are outperforming 80% of the Global Media - Diversified industry. At current levels, these ratios are having the best performances of the last 15 years. Financial strength has a rating of 7 out of 10 with a cash to debt of 0.29 that is underperforming the industry median of 1.30.
The price of the stock has risen by 199% during the last five years, by 9% year to date and by 14% during the last 12 months. It is currently -15.96% from its 52-week high and +30.63% from its 52-week low.
For its third fiscal quarter, diluted earnings per share (EPS) increased 13% and this is an increase of $0.3 billion compared to the prior-year quarter. Net income and revenue increased by 11% and 5% compared to the quarter of a year before. These strong results demonstrate the power of unparalleled brands, franchises and creative content.
The main shareholder of the company is Ken Fisher (Trades, Portfolio) with 0.5% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.45% and Pioneer Investments (Trades, Portfolio) with 0.25%.
Tom Gayner (Trades, Portfolio) is the main shareholder, followed by MS Global Franchise Fund (Trades, Portfolio).
Increased stakes
The hedge fund also increased seven of its stakes, and the most important are the following: JP Morgan Chase & Co (JPM) by 7%, Medtronic (MDT) by 9%, Amazon.com (AMZN) by 10%, Starbucks Corp. (SBUX) by 97%, Chevron Corp. (CVX) by 6%, Walt Disney Co. (DIS) by 12.97%, Qualcomm Inc (QCOM) by 10.93% and Citigroup Inc. (C) by 8.88%.
| FMR Llc Top Buys Q2 2015 | |||
| Ticker | Value (x1000) | Impact / increase % | Trade |
| AGN | 6,322,526 | 0.81% | New Buy |
| MNST | 2,422,171 | 0.31% | New Buy |
| YOKU | 323,166 | 0.04% | New Buy |
| ESND | 228,401 | 0.03% | New Buy |
| SBUX | --- | +97% | Add |
| DIS | --- | +12.97% | Add |
As of the latest quarter, the hedge fund has its portfolio divided by the following sectors:
| Main Sectors | |
| Information Technology | 21% |
| Finance | 19% |
| Health Care | 18% |
| Consumer Discretionary | 14% |
| Industrials | 5% |
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