Caxton Associates (Trades, Portfolio) manages a portfolio of $1.42 billion composed of 112 holdings. During the first quarter he bought shares in the following stocks:
The investor raised its shares in The Kraft Heinz Co. (KHC) by 451.12% with an impact of 14.51% on the portfolio.
It is a consumer packaged food and beverage company. It manufactures and markets food and beverage products including cheese, meats, beverages, packaged dinners, snack nuts and other grocery products.
Due to the merger of Kraft and Heinz net sales grew 165% during the first quarter, and organic net sales grew 1.1% from the same quarter of a year before. The company reported 197% increase for GAAP operating income.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 3.88% and ROA of 2.38% that are underperforming 61% of the companies in the Global Packaged Foods industry. Financial strength has a rating of 5 out of 10 with cash to debt 0.17 that is below the industry median of 0.67.
Warren Buffett (Trades, Portfolio) is the company's largest shareholder among the gurus with 26.78% of outstanding shares followed by David Rolfe (Trades, Portfolio) with 0.33%, Caxton Associates (Trades, Portfolio) with 0.26%, John Griffin (Trades, Portfolio) with 0.19%, Lee Ainslie (Trades, Portfolio) with 0.14%, Daniel Loeb (Trades, Portfolio) with 0.04%, George Soros (Trades, Portfolio) with 0.04% and Steven Cohen (Trades, Portfolio) with 0.03%.
The guru bought 11,566,800 shares in Barrick Gold Corp. (ABX) with an impact of 11.09% on the portfolio.
The company produces and sells gold and copper. Its business activities also include exploration and mine development. It holds interests in oil and gas properties located in Canada.
The company generated $181 million in free cash flow in the first quarter, marking four consecutive quarters of positive free cash flow. It reduced all-in-sustaining costs by 24% and cash costs by 14% compared to the first quarter of 2015.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10 with ROE of -35.23% and ROA of -10.38% that are underperforming 72% of the companies in the Global Gold industry. Financial strength has a rating of 4 out of 10 with cash to debt of 0.26 that is below the industry median of 8.79.
The largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 3.26% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 2.27%, Soros with 1.67%, Stanley Druckenmiller (Trades, Portfolio) with 0.16%, Louis Moore Bacon (Trades, Portfolio) with 0.16%, John Hussman (Trades, Portfolio) with 0.15% and Ray Dalio (Trades, Portfolio) with 0.1%.
The firm acquired 1,733,000 shares in Coca-Cola Co. (KO) with an impact of 5.68% on the portfolio.
The company manufactures, distributes and markets nonalcoholic beverage concentrates and syrups. During the first quarter net revenue declined 4% and organic revenue grew 2%. The company reported 2% growth for global volume.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 27.20% and ROA of 7.93% that are outperforming 65% of the companies in the Global Beverages - Soft Drinks industry. Financial strength has a rating of 6 out of 10 with cash to debt of 0.47 that is below the industry median of 0.62.
Buffett is the company's largest shareholder among the gurus with 9.25% of outstanding shares followed by Donald Yacktman (Trades, Portfolio) with 0.42%, Ken Fisher (Trades, Portfolio) with 0.24%, Jeremy Grantham (Trades, Portfolio) with 0.24%, Yacktman Fund (Trades, Portfolio) with 0.22%, Yacktman Focused Fund (Trades, Portfolio) with 0.13%, Simons with 0.12% and Pioneer Investments (Trades, Portfolio) with 0.1%.
The guru increased its shares in Monster Beverage Corp.Ă‚ (MNST, Financial) by 55.84% and with an impact of 3.34% on the portfolio.
The company through its subsidiaries markets and distributes energy drinks. It offers energy drinks including Monster Energy, Java Monster, Monster Rehab, NOS, Full Throttle Mother, Power Play and Ultra energy drinks.
Revenues in the first quarter grew 33% from the first quarter of 2015 and increased 47% from the fourth quarter 2015. Adjusted net income (a non-GAAP measure) was 47 cents per diluted share compared to 44 cents per diluted share for the first quarter 2015 and the fourth quarter 2015 adjusted net income of 62 cents per diluted share.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10 with ROE of 16.99% and ROA of 14.10% that are outperforming 70% of the companies in the Global Beverages - Soft Drinks industry. Financial strength has a rating of 9 out of 10 with no debt.
The largest shareholder among the gurus is Spiros Segalas (Trades, Portfolio) with 0.86% of outstanding shares followed by Steve Mandel (Trades, Portfolio) with 0.55%, Caxton Associates (Trades, Portfolio) with 0.49%, Cohen with 0.41%, Simons with 0.15%, Pioneer Investments (Trades, Portfolio) with 0.03% and Bacon with 0.02%.
The investor acquired 2,427,000 shares in Freeport-McMoRan Inc. (FCX) with an impact of 1.77% on the portfolio.
The company, formerly Freeport-McMoRan Copper & Gold, deals in the mining of copper, gold and molybdenum.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10 with ROE of -133.93% and ROA of -27.84% that are underperforming 90% of the companies in the Global Copper industry. Financial strength has a rating of 3 out of 10 with cash to debt of 0.02 that is below the industry median of 8.79.
Carl Icahn (Trades, Portfolio) is the company's largest shareholder among the gurus with 8.31% of outstanding shares followed by Mario Gabelli (Trades, Portfolio) with 0.38%, Cohen with 0.06%, Grantham with 0.05%, Chris Davis (Trades, Portfolio) with 0.04%, Dalio with 0.03%, Murray Stahl (Trades, Portfolio) with 0.01% and Signature Select Canadian Fund (Trades, Portfolio) with 0.01%.
The guru bought 286,000 shares in CyberArk Software Ltd. (CYBR) with an impact of 0.86% on the portfolio.
The company offers IT security solutions to protect organizations from cyber attacks. Its services include Maintenance and Support and Professional Services.
Total revenue grew 43% compared with the first quarter of 2015 and GAAP operating income was $6.2 million, compared to $7.5 million in the same quarter of a year before.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10 with ROE of 11.63% and ROA of 8.45% that are outperforming 68% of the companies in the Global Software - Infrastructure industry. Financial strength has a rating of 9 out of 10 with no debt.
The company's second-largest shareholder among the gurus is Cohen with 0.69% of outstanding shares followed by Paul Tudor Jones (Trades, Portfolio) with 0.03%.
The investor acquired 725,000 shares in Infinera Corp. (INFN) with an impact of 0.82% on its total assets.
The company provides optical transport networking equipment, software and software services to Tier 1 and Tier 2 telecommunications service providers, Internet content providers, cable operators, wholesale and enterprise carriers and government entities.
GAAP revenue for the quarter was $244.8 million compared to $260.0 million in the fourth quarter of 2015 and $186.9 million in the first quarter of 2015. GAAP gross margin for the quarter was 47.5% compared to 44.5% in the fourth quarter of 2015 and 47.2% in the same quarter of a year before.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 7.65% and ROA of 4.80% that are outperforming 61% of the companies in the Global Communication Equipment industry. Financial strength has a rating of 7 out of 10 with cash to debt of 2.19 that is below the industry median of 2.38.
Chuck Royce (Trades, Portfolio) is the company's second-largest shareholder among the gurus with 0.39% of outstanding shares followed by Simons with 0.24% and Joel Greenblatt (Trades, Portfolio) with 0.02%.
The guru acquired 71,840 shares in Goldman Sachs Group Inc. (GS) with an impact of 0.79% on the portfolio.
The company is an investment banking, securities and investment management firm. Its segments include Investment Banking, Trading and Principal Investments, Asset Management and Securities Services.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 4.63% and ROA of 0.50% that are underperforming 64% of the companies in the Global Capital Markets industry. Financial strength has a rating of 5 out of 10 with cash to debt of 0.31.
The largest shareholder among the gurus is Dodge & Cox with 3.25% of outstanding shares followed by Buffett with 2.64%, Richard Pzena (Trades, Portfolio) with 0.44%, Bill Nygren (Trades, Portfolio) with 0.41%, HOTCHKIS & WILEY with 0.35%, Pioneer Investments (Trades, Portfolio) with 0.22% and Ruane Cunniff (Trades, Portfolio) with 0.17%.
The investor bought 100,000 shares in PepsiCo Inc. (PEP) with an impact of 0.72 % on the portfolio.
The company is a food, snack and beverage company. It manufactures, markets, distributes and sells convenient and enjoyable beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 35.57% and ROA 7.34% that are outperforming 63% of the companies in the Global Beverages - Soft Drinks industry. Financial strength has a rating of 5 out of 10 with cash to debt 0.35 that is below the industry median of 0.62.
Yacktman is the company's largest shareholder among the gurus with 0.93% of outstanding shares followed by Yacktman Fund (Trades, Portfolio) with 0.46%, Fisher with 0.37%, Yacktman Focused Fund (Trades, Portfolio) with 0.3%, Simons with 0.26%, Pioneer Investments (Trades, Portfolio) with 0.15%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.15% and Grantham with 0.11%.
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