Julian Robertson (Trades, Portfolio) of Tiger Management made eight new buys in a wide range of sectors in the fourth quarter. His preferred sectors, Technology and Healthcare, were well represented.
Robertson’s most significant new buy in the fourth quarter was his investment in Teva Pharmaceutical Industries Ltd. (TEVA, Financial), an Israeli pharmaceutical company. Robertson purchased a 595,300-share stake for an average price of $61.94 per share. The deal had a 5.04% impact on Robertson’s portfolio.
The stake is 0.07% of Teva’s outstanding shares and 5.04% of Robertson’s total assets. Andreas Halvorsen (Trades, Portfolio) is Teva’s leading shareholder among the gurus with a stake of 25,043,775 shares. The stake is 2.76% of Teva’s outstanding shares and 6.2% of Halvorsen’s total assets.
Teva has a P/E of 30.9, a forward P/E of 9.3, a P/B of 1.9 and a P/S of 2.5. GuruFocus gives Teva a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
Teva sold for $56.21 per share Tuesday.
Robertson acquired a 443,500-share stake in Dollar Tree Stores Inc. (DLTR, Financial), a discount retail chain based in Chesapeake, Virginia, for an average price of $70.15 per share. The transaction had a 4.42% impact on Robertson’s portfolio.
The stake is 0.19% of Dollar Tree’s outstanding shares and 4.42% of Robertson’s total assets. Dollar Tree’s leading shareholder among the gurus is Steve Mandel (Trades, Portfolio), who has a 13,194,122-share stake in the company. The stake is 5.62% of Dollar Tree’s outstanding shares and 4.35% of Mandel’s total assets.
Dollar Tree has a P/E of 63.3, a forward P/E of 20.5, a P/B of 3.9 and a P/S of 1.3. GuruFocus gives Dollar Tree a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10.
Dollar Tree sold for $75.96 per share Tuesday.
Robertson purchased a 747,593-share stake in XPO Logistics Inc. (XPO, Financial), a Greenwich, Connecticut-based provider of supply chain services, for an average price of $28.76 per share. The deal had a 2.63% impact on Robertson’s portfolio.
The stake is 0.68% of XPO Logistics’ outstanding shares and 2.63% of Robertson’s total assets. HOTCHKIS & WILEY is XPO Logistics’ leading shareholder among the gurus with a stake of 1,046,248 shares. The stake is 0.95% of XPO Logistics’ outstanding shares and 0.12% if the guru’s total assets.
XPO Logistics has a forward P/E of 15.7, a P/B of 1.1 and a P/S of 0.4. GuruFocus gives XPO Logistics a Financial Strength rating of 3/10 and a Profitability and Growth rating of 5/10.
XPO Logistics sold for $25.18 per share Tuesday.
Robertson invested in a 1,126,000-share stake in Santander Consumer USA Holdings Inc. (SC, Financial), a Spanish banking and financial services company, for an average price of $18.21 per share. The transaction had a 2.3% impact on Robertson’s portfolio.
The stake is 0.31% of Santander’s outstanding shares and 2.3% of Robertson’s total assets. Santander’s leading shareholder among the gurus is Lee Ainslie (Trades, Portfolio) with a stake of 14,116,046 shares. The stake is 3.94% of Santander’s outstanding shares and 3.22% of Ainslie’s total assets.
Santander has a P/E of 4.4, a forward P/E of 4.2, a P/B of 0.9 and a P/S of 0.7. GuruFocus gives Santander a Financial Strength rating of 4/10 and a Profitability and Growth rating of 6/10.
Santander sold for $10.47 per share Tuesday.
Robertson bought an 823,577-share stake in Horizon Pharma PLC (HZNP, Financial), a Dublin-based health care company, for an average price of $19.53 per share. The deal had a 2.3% impact on Robertson’s portfolio.
The stake is 0.52% of Horizon’s outstanding shares and 2.3% of Robertson’s total assets. Mandel is Horizon’s leading shareholder among the gurus with a stake of 15,600,988 shares. The stake is 9.76% of Horizon’s outstanding shares and 1.44% of Mandel’s total assets.
Horizon has a P/E of 78.1, a forward P/E of 4.3, a P/B of 2.1 and a P/S of 3.6. GuruFocus gives Horizon a Financial Strength rating of 8/10 and a Profitability and Growth rating of 4/10.
Horizon sold for $16.4 per share Tuesday.
Robertson acquired a 422,931-share stake in T2 Biosystems Inc. (TTOO, Financial), a Lexington, Massachusetts-based developer of diagnostic products, for an average price of $10.83 per share. The transaction had a 0.6% impact on Robertson’s portfolio.
The stake is 2.08% of the company’s outstanding shares and 0.6% of Robertson’s total assets. Steven Cohen (Trades, Portfolio) is T2 Biosystems’ leading shareholder among the gurus with a stake of 1.1 million shares. The stake is 5.4% of the company’s outstanding shares and 0.1% of Cohen’s total assets.
T2 Biosystems has a P/B of 3.8 and a P/S of 91.9. GuruFocus gives T2 Biosystems a Financial Strength rating of 4/10 and a Profitability and Growth rating of 1/10.
T2 Biosystems sold for $8.95 per share Tuesday.
Robertson purchased a 35,225-share stake in Liberty Broadband Corp. (LBRDA), the fourth-largest cable operator in the U.S., for an average price of $53.13 per share. The deal had a 0.23% impact on Robertson’s portfolio.
The stake is 0.03% of Liberty Broadband’s outstanding shares and 0.23% of Robertson’s total assets. Liberty Broadband’s leading shareholder among the gurus is Murray Stahl (Trades, Portfolio) with a stake of 757,045 shares. The stake is 0.73% of Liberty Broadband’s outstanding shares and 0.84% of Stahl’s total assets.
Liberty Broadband has a P/B of 1.7 and a P/S of 59.5. GuruFocus gives Liberty Broadband a Financial Strength rating of 5/10 and a Profitability and Growth rating of 2/10.
Liberty Broadband sold for $52.63 per share Tuesday.
Robertson invested in an 11,763-share stake in Danaher Corp. (DHR, Financial), a Washington-based conglomerate, for an average price of $93.31 per share. The transaction had a 0.14% impact on Robertson’s portfolio.
The stake is 0.14% of Robertson’s total assets. Danaher’s leading shareholder among the gurus is Dodge & Cox with a stake of 7,419,808 shares. The stake is 1.08% of Danaher’s outstanding shares and 0.68% of Dodge & Cox’s total assets.
Danaher has a P/E of 18.7, a forward P/E of 17.4, a P/B of 2.6 and a P/S of 3.1. GuruFocus gives Danaher a Financial Strength rating of 6/10 and a Profitability and Growth rating of 8/10.
Danaher sold for $8.95 per share Tuesday.
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