John Burbank (Trades, Portfolio) of Passport Capital made 29 new buys in the fourth quarter, but his biggest transactions were increases to existing stakes. His most noteworthy fourth-quarter transaction was the increase of his stake in Microsoft Corp. (MSFT, Financial), the Redmond, Washington-based computer and consumer electronics company, by nearly 3,103%.
Burbank acquired 4,294,226 shares for an average price of $52.81 per share, raising Burbank’s stake to 4,432,616 shares. The transaction had a 4% impact on Burbank’s portfolio.
Burbank’s stake is 0.06% of Microsoft’s outstanding shares and 4.13% of the guru’s total assets. Microsoft’s leading shareholder among the gurus is Dodge & Cox with a stake of 66,559,905 shares. The stake is 0.84% of Microsoft’s outstanding shares and 3.62% of Dodge & Cox’s total assets.
Microsoft has a P/E of 37.2, a forward P/E of 16.6, a P/B of 5.4 and a P/S of 4.9. GuruFocus gives Microsoft a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10.
Microsoft sold for $52.72 per share Wednesday.
Burbank boosted his stake in CF Industries Holdings Inc. (CF, Financial), a Deerfield, Illinois-based manufacturer and distributor of agricultural fertilizers, by almost 48%. Burbank purchased 2,971,754 shares for an average price of $47.08 per share. The deal had a 2.04% impact on Burbank’s portfolio.
Burbank’s stake, now 9,191,603 shares is 3.94% of CF Industries’ outstanding shares and 6.3% of Burbank’s total assets. Burbank is CF Industries’ leading shareholder among the gurus.
CF Industries has a P/E of 12, a forward P/E of 10, a P/B of 2 and a P/S of 1.9. GuruFocus gives CF Industries a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10.
CF Industries sold for $34.52 per share Wednesday.
Burbank increased his stake in Nike Inc. (NKE, Financial), a Washington County, Oregon-based apparel and accessories company, by more than 6,813%. Burbank bought 1,843,051 shares for an average price of $64.56 per share. The transaction had a 1.93% impact on his portfolio.
Burbank’s stake, now 1,870,101 shares, is 0.11% of Nike’s outstanding shares and 1.96% of Burbank’s total assets. Steve Mandel (Trades, Portfolio) is Nike’s leading shareholder among the gurus with a stake of 11,496,188 shares. The stake is 0.67% of Nike’s outstanding shares and 3.07% of Mandel’s total assets.
Nike has a P/E of 30.2, a forward P/E of 25.4, a P/B of 8 and a P/S of 3.5. GuruFocus gives Nike a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10.
Nike sold for $61.82 per share Wednesday.
Burbank raised his stake in Bristol-Myers Squibb Co. (BMY, Financial), a New York-based pharmaceutical company, by almost 399% with the purchase of 1,556,819 shares for an average price of $66.25 per share. The deal had a 1.8% impact on Burbank’s portfolio.
Burbank’s stake is now 1,958,072 shares, which is 0.12% of Bristol-Myers Squibb’s outstanding shares and 2.26% of Burbank’s total assets. Vanguard Health Care Fund (Trades, Portfolio) is Bristol-Myers Squibb’s leading shareholder among the gurus with a stake of 46,232,449 shares. The stake is 2.77% of the company’s outstanding shares and 6.32% of the guru’s total assets.
Bristol-Myers Squibb has a P/E of 66.7, a forward P/E of 21.5, a P/B of 7.5 and a P/S of 6.5. GuruFocus gives Bristol-Myers Squibb a Financial Strength rating of 8/10 and a Profitability and Growth rating of 5/10.
Bristol-Myers Squibb sold for $64.57 per share Wednesday.
Burbank boosted his stake in Starbucks Corp. (SBUX, Financial), a Seattle-based coffeehouse chain, by nearly 1,969%. Burbank acquired 1,712,354 shares for an average price of $60.97 per share. The transaction had a 1.72% impact on his portfolio.
Burbank’s stake, now 1,799,330 shares, is 0.12% of Starbucks’ outstanding shares and 1.81% of the guru’s total assets. Starbucks’ leading shareholder among the gurus is Pioneer Investments (Trades, Portfolio) with a stake of 5,598,553 shares. The stake is 0.38% of Starbucks’ outstanding shares and 1.28% of Pioneer’s total assets.
Starbucks has a P/E of 38.3, a forward P/E of 27.7, a P/B of 14.7 and a P/S of 4.5. GuruFocus gives Starbucks a Financial Strength rating of 8/10 and a Profitability and Growth rating of 8/10.
Starbucks sold for $59.14 per share Wednesday.
Burbank sold his 3,681,160-share stake in SolarCity Corp. (SCTY, Financial), a San Mateo, California-based provider of energy services, primarily solar power systems, for an average price of $38.8 per share. The divestiture had a -2.83% impact on Burbank’s portfolio.
SolarCity’s leading shareholder among the gurus is Paul Tudor Jones (Trades, Portfolio) with a stake of 14,628 shares. The stake is 0.01% of SolarCity’s outstanding shares and 0.02% of Jones’ total assets.
SolarCity has a P/B of 2.1 and a P/S of 4.6. GuruFocus gives SolarCity a Financial Strength rating of 5/10 and a Profitability and Growth rating of 2/10.
SolarCity sold for $19.17 per share Wednesday.
Burbank sold his 300,000-share stake in Vipshop Holdings Ltd. (VIPS, Financial), a Chinese online discount retailer, for an average price of $17.5 per share. The transaction had a -2.8% impact on Burbank’s portfolio.
Chase Coleman (Trades, Portfolio) is Vipshop’s leading shareholder among the gurus with a stake of 49.5 million shares. The stake is 8.51% of Vipshop’s outstanding shares and 6.08% of Chase Coleman (Trades, Portfolio)’s total assets.
Vipshop has a P/E of 28.9, a forward P/E of 13.5, a P/B of 12.2 and a P/S of 1.3. GuruFocus gives Vipshop a Financial Strength rating of 8/10 and a Profitability and Growth rating of 3/10.
Vipshop sold for $11.02 per share Wednesday.
Burbank acquired a 4,965,525-share stake in General Electric Co. (GE, Financial), a Fairfield, Connecticut-based conglomerate, for an average price of $29.73 per share. The deal had a 2.6% impact on Burbank’s portfolio.
Burbank’s stake is 0.05% of General Electric’s outstanding shares and 2.6% of Burbank’s total assets. General Electric’s leading shareholder among the gurus is Ken Fisher (Trades, Portfolio) with a stake of 31,224,886 shares. The stake is 0.31% of General Electric’s outstanding shares and 1.94% of Fisher’s total assets.
General Electric has a forward P/E of 17.2, a P/B of 3.1 and a P/S of 2.6. GuruFocus gives General Electric a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
General Electric sold for $30.11 per share Wednesday.
Burbank purchased a 1.2 million-share stake in Syngenta AG (SYT, Financial), a Swiss agrochemicals and seeds company, for an average price of $71.79 per share. The transaction had a 1.59% impact on Burbank’s portfolio.
Burbank’s stake is 0.26% of Syngenta’s outstanding shares and 1.59% of the guru’s total assets. Burbank is Syngenta’s leading shareholder among the gurus.
Syngenta has a P/E of 27.7, a forward P/E of 20, a P/B of 4.4 and a P/S of 2.8. GuruFocus gives Syngenta a Financial Strength rating of 8/10 and a Profitability and Growth rating of 8/10.
Syngenta sold for $80.70 per share Wednesday.
Burbank sold more than 75% of his stake in Dollar Tree Stores Inc. (DLTR, Financial), a Chesapeake, Virginia-based chain of discount variety stores. Burbank sold 1,663,229 shares for an average price of $70.15 per share. The deal had a -2% impact on Burbank’s portfolio.
Burbank’s stake, now 553,919 shares, is 0.24% of the company’s outstanding shares and 0.72% of Burbank’s total assets. Dollar Tree Stores’ leading shareholder among the gurus is Mandel with a stake of 13,194,122 shares. The stake is 5.62% of the company’s outstanding shares and 4.35% of Mandel’s total assets.
Dollar Tree Stores has a P/E of 63.9, a forward P/E of 21.8, a P/B of 4.4 and a P/S of 1.4. GuruFocus gives Dollar Tree Stores a Financial Strength rating of 6/10 and a Profitability and Growth rating of 8/10.
Dollar Tree Stores sold for $78.64 per share Wednesday.
To view the portfolios of more gurus, visit the List of Gurus page. Not a premium member of GuruFocus? Try it free for 7 days.
