Steve Mandel (Trades, Portfolio) is the founder of Lone Pine Capital, a long/short equity money management firm he started in 1997. He manages a portfolio composed of 47 stocks, eight of which were new buys during the fourth quarter.
The guru acquired 2,132,094 shares in Northrop Grumman Corp. (NOC), and the deal had an impact of 1.72% on the portfolio.
The company is a security company that provides systems, products and solutions in unmanned systems and cyber security. Third quarter EPS increased 22% year over year, and the company repurchased 5.6 million shares.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10, with strong returns of ROE of 31.72% and ROA of 7.97% that are over performing 84% of the companies in the Global Aerospace & Defense industry. Financial strength has a rating of 5 out of 10, and cash to debt of 0.36 is below the industry median of 0.40.
The company’s largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 2.18% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.08%, Stanley Druckenmiller (Trades, Portfolio) with 0.07%, Louis Moore Bacon (Trades, Portfolio) with 0.03%, Pioneer Investments (Trades, Portfolio) with 0.03% and Paul Tudor Jones (Trades, Portfolio) with 0.01%.
Mandel bought 5,732,050 shares in Autodesk Inc. (ADSK), and the deal had an impact of 1.49% on the portfolio.
The company offers customers productive business solutions through powerful technology products and services. During the last quarter, total annualized recurring revenue increased by 15% year over year. Deferred revenue increased 20% and total billings decreased 9%.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10, with negative returns of ROE of -12.02% and ROA of -4.98% that are underperforming 75% of the companies in the industry. Financial strength has a rating of 3 out of 10, and cash to debt of 1.54 is below the industry median of 13.08.
John Griffin (Trades, Portfolio) is largest shareholder of the company among the gurus with 4.44% of outstanding shares, followed by Eric Mindich (Trades, Portfolio) with 1.06%, Manning & Napier Advisors with 0.74%, Ken Fisher (Trades, Portfolio) with 0.16% and Louis Moore Bacon (Trades, Portfolio) with 0.01%.
Mandel acquired 6,348,148 shares in Lululemon Athletica Inc. (LULU), and the deal had an impact of 1.42% on the portfolio.
The company is engaged in the design, manufacture and distribution of healthy lifestyle inspired athletic apparel. Third quarter net revenue increased 14%, and total comparable sales grew 9% year over year. The company also reported a 7% increase for gross profit.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10, with strong returns of ROE of 23.70% and ROA of 19.86% that are over performing 86% of the companies in the Global Apparel Stores industry. Financial strength has a rating of 9 out of 10 with no debt.
The largest shareholder among the gurus is Manning & Napier Advisors with 7.19% of outstanding shares, followed by Steve Mandel (Trades, Portfolio) with 5.01%, Louis Moore Bacon (Trades, Portfolio) with 0.12% and Ron Baron (Trades, Portfolio) with 0.01%.
Mandel bought 404,297 shares in Alphabet Inc. (GOOGL), and the deal had an impact of 1.34% on the portfolio.
The company operates through subsidiaries including Google, which is engaged in improving the ways people connect with information.Â
GuruFocus gives the stock a profitability and growth rating of 8 out of 10, with strong returns of ROE of 14.18% and ROA of 11.84% that are over performing 67% of the companies in the industry. Financial strength has a rating of 9 out of 10, and cash to debt of 14 is above the industry median of 12.49.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder among the gurus with 0.37% of outstanding shares, followed by Frank Sands (Trades, Portfolio) with 0.29%, Andreas Halvorsen (Trades, Portfolio) with 0.27%, Dodge & Cox with 0.16%, Ken Fisher (Trades, Portfolio) with 0.14%, Chris Davis (Trades, Portfolio) with 0.14% and Pioneer Investments (Trades, Portfolio) with 0.11%.
Mandel also bought 2,395,261 shares in Pioneer Natural Resources Co. (PXD).
The company is an oil and gas exploration and production company with operations in the U.S. The company explores for, develops and produces oil and gas reserves.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10, with negative returns of ROE of -3.20% and ROA of -1.86% that are still outperforming 68% of the companies in the industry. Financial strength has a rating of 4 out of 10, and cash to debt of 0.38 is below the industry median of 0.42.
The largest shareholder among the gurus is Andreas Halvorsen (Trades, Portfolio) with 6.27% of outstanding shares, followed by Wallace Weitz (Trades, Portfolio) with 0.29%, Jim Simons (Trades, Portfolio) with 0.16%, Pioneer Investments (Trades, Portfolio) with 0.12%, Steven Cohen (Trades, Portfolio) with 0.05% and Ray Dalio (Trades, Portfolio) with 0.03%.
Mandel acquired 3,193,180 shares in Express Scripts Holding Co. (ESRX) with an impact of 1.19% on the portfolio.
It operates as a pharmacy benefit management company in North America. It includes HMOs, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers' compensation plans and government health programs. During the fourth quarter, adjusted earnings per diluted share grew 12% and adjusted EBITDA grew 4% from the same quarter of 2014.Â
GuruFocus gives the stock a profitability and growth rating of 8 out of 10, with positive returns of ROE of 13.70% and ROA of 4.71% that are over performing 64% of the companies in the Global Health Care Plans industry. Financial strength has a rating of 7 out of 10, and cash to debt of 0.20 is below the industry median of 2.15.
Dodge & Cox is the largest shareholder among the gurus with 2.82% of outstanding shares, followed by Chris Davis (Trades, Portfolio) with 0.83%, David Rolfe (Trades, Portfolio) with 0.77%, Manning & Napier Advisors, Inc with 0.68%, Jeremy Grantham (Trades, Portfolio) with 0.48% and Charles Brandes (Trades, Portfolio) with 0.31%.
The guru bought 1,487,392 shares in Anheuser-Busch Inbev SAÂ (BUD) with an impact of 0.79% on the portfolio.
The company manages a portfolio of over 200 brands of beer. GuruFocus gives the stock a profitability and growth rating of 7 out of 10, with strong returns of ROE of 33.53% and ROA of 11.66% that are over performing 85% of the companies in the industry. Financial strength has a rating of 7 out of 10, and cash to debt of 0.13 is below the industry median of 0.43.
