Jerome L. Dodson is the founder and president of Parnassus Investments. He manages a portfolio composed of 37stocks with total value of $684 million. During the second quarter of 2016, the guru increased several stakes. The following are the ones with the highest performance since that buy.
Praxair Inc. (PX)
The investor bought 200,000 shares in Praxair during the second quarter and since then, the price of the stock has risen by 4%.
The company has a market cap of $33.59 billion and an enterprise value of $43.19 billion. It is engaged in the production, distribution, and sale of atmospheric and processed gases and surface coatings in North America, Europe, South America and Asia. Its products include oxygen, helium, nitrogen and specialty gases, among others.
The price of the stock has risen by 16% over the past five years, by 16% since the beginning of the year and by 5% during the last 12 months. The stock is now 1.92% below its 52-week high and 23.16% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 31.61% and ROA of 7.91%, which are outperforming 76% of the companies in the global specialty chemicals industry.
The largest shareholder among the gurus is Chris Davis (Trades, Portfolio) with 1.2% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.61%, Ruane Cunniff (Trades, Portfolio) with 0.61%, First Eagle Investment (Trades, Portfolio) with 0.6%, Diamond Hill Capital (Trades, Portfolio) with 0.34%, Jerome Dodson (Trades, Portfolio) with 0.07% and Wallace Weitz (Trades, Portfolio) with 0.07%.
Patterson Companies Inc. (PDCO)
The investor acquired 440,000 shares in Patterson Companies during the second quarter and since then, the price of the stock has risen by 7%.
The company has a market cap of $4.9 billion and an enterprise value of $5.82 billion. It is a distributor of dental products in North America. The company operates in three business segments: dental supply, veterinary supply and rehabilitation supply.
The price of the stock has risen by 60% over the past five years, by 13% since the beginning of the year and by 2% during the last 12 months. The stock is now 6.92% below its 52-week high and 28.28% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROA of 13.01% and ROE of 5.28%, which are outperforming 73% of the companies in the global medical distribution industry.
Mario Gabelli (Trades, Portfolio) is the largest shareholder among the gurus with 1.62% of outstanding shares, followed by Mairs and Power (Trades, Portfolio) with 1.39%, Jerome Dodson (Trades, Portfolio) with 0.44%, Robert Olstein (Trades, Portfolio) with 0.26% and Tom Gayner (Trades, Portfolio) with 0.17%.
Allergan PLC. (AGN)
The investor increased his shares in Allergan by 155.00% in the second quarter and now  holds 102,000 shares. Since then, the price of the stock has risen by 7%.
The company has a market cap of $98.04 billion and an enterprise value of $143.26 billion. It is a specialty pharmaceutical company engaged in developing, manufacturing and distributing generic, brand and biosimilar products.
The price of the stock has risen by 262% over the past five years, but dropped by 19% since the beginning of the year and by 24% during the last 12 months. The stock is now 27.18% below its 52-week high and 26.78% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROA of 5.87% and ROE of 3.38%, which are outperforming 52% of the companies in the global drug manufacturers industry.
The largest shareholder among the gurus is Vanguard Health Care Fund (Trades, Portfolio) with 2.83% of outstanding shares, followed by John Paulson (Trades, Portfolio) with 1.37%, Daniel Loeb (Trades, Portfolio) with 1.26%, Andreas Halvorsen (Trades, Portfolio) with 1.23%, Paul Singer (Trades, Portfolio) with 0.63%, Eric Mindich (Trades, Portfolio) with 0.47% and Steve Mandel (Trades, Portfolio) with 0.45%.
Pentair PLC. (PNR)
The investor increased his shares in Pentair by 91.00% in the second quarter and now holds 382,000 shares. Since then, the price of the stock has risen by 7%.
The company has a market cap of $11.22 billion and an enterprise value of $15.89 billion. It is a diversified industrial manufacturing company that delivers industry products, services and solutions to its customers' diverse needs in water and other fluids, thermal management and equipment protection.
The price of the stock has risen 64% over the past five years, by 26% since the beginning of the year and by 6% during the last 12 months. The stock is now 3.06% below its 52-week high and 49.29% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROA of -1.92% and ROE -0.72%, which are underperforming 77% of the companies in the global diversified industrials industry.
The largest shareholder among the gurus is T Rowe Price Equity Income Fund (Trades, Portfolio) with 1.54% of outstanding shares, followed by Mairs and Power (Trades, Portfolio) with 1.49%, PRIMECAP Management (Trades, Portfolio) with 1.09%, Larry Robbins (Trades, Portfolio) with 0.6%, Jerome Dodson (Trades, Portfolio) with 0.21% and Joel Greenblatt (Trades, Portfolio) with 0.1%.
Mondelez International Inc Class A. (MDLZ)
The investor increased his stake in Mondelez International by 37.14% during the second quarter and now holds 480,000 shares. Since then, the price of the stock has risen by 5%.
The company has a market cap of $71.02 billion and an enterprise value of $87.18 billion. It manufactures confectionery products and produces packaged food products, including biscuits, confectionery, beverages, cheese, convenient meals and various packaged grocery products.
The price of the stock has risen by 102% over the past five years, by 4% since the beginning of the year and by 9% during the last 12 months. The stock is now 5.80% below its 52-week high and 27.54% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10 with ROE of 27.80% and ROA of 11.62%, which are outperforming 86% of the companies in the global confectioners industry.
The largest shareholder among the gurus is Bill Ackman (Trades, Portfolio) with 1.48% of outstanding shares, followed by Mario Gabelli (Trades, Portfolio) with 0.18%, Jim Simons (Trades, Portfolio) with 0.1%, Steven Cohen (Trades, Portfolio) with 0.07%, RS Investment Management (Trades, Portfolio) with 0.06 % and Pioneer Investments (Trades, Portfolio) with 0.06%.
eBay Inc. (EBAY)
The guru raised his stake in eBay by 68.33% during the second quarter and now holds 505,000 shares. Since then, the stock has risen by 27%.
The company has a market cap of $34.64 billion and an enterprise value of $36.22 billion. It is a commerce platform and provides an online marketplace for the sale of goods. The company's business segments are marketplaces, payments and enterprise.
The price of the stock has risen by 119% over the past five years, by 16% since the beginning of the year and 10% during the last 12 months. The stock is 0.58% below its 52-week high and 42.63% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 21.18% and ROA of 7.96%, which are outperforming 78% of the companies in the global specialty retail industry.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder among the gurus with 0.74% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.5%, George Soros (Trades, Portfolio) with 0.33%, Joel Greenblatt (Trades, Portfolio) with 0.25% and Jim Simons (Trades, Portfolio) with 0.17%.
Micron Technology Inc. (MU)
The investor increased his stake in Micron Technology by 2.20% during the second quarter and now holds 2,300,000 shares. Since then, the price of the stock has risen by 23%.
The company has a market cap of $14.45 billion and an enterprise value of $19.95 billion. Micron Technology Inc and its subsidiaries manufactures semiconductor systems. The company's products include DRAM, NAND Flash and NOR Flash, which is the basis for solid-state drives, modules, multi-chip packages and other system solutions.
The price of the stock has raised by 87% over the past five years, but dropped by 3% since the beginning of the year and by 23% during the last 12 months. The stock is now 32.33% below its 52-week high and 49.52% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 2.97% and ROA of 1.45%, which are underperforming 56% of the companies in the global semiconductor memory industry.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 5.5% of outstanding shares, followed by Donald Smith (Trades, Portfolio) with 1.41%, Jerome Dodson (Trades, Portfolio) with 0.22%, Ray Dalio (Trades, Portfolio) with 0.22%, Pioneer Investments (Trades, Portfolio) with 0.22% and Richard Snow (Trades, Portfolio) with 0.04%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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