Mason Hawkins (Trades, Portfolio) has been chairman and CEO of Southeastern Asset Management since 1975. He and his partners manage the Longleaf Partners Funds. The guru’s largest second quarter sales are as follows:
The guru closed his stake in Dreamworks Animation SKG Inc. (DWA) with an impact of -3.9% on the portfolio.
The company creates and exploits family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 4.86% and ROA of 2.79%, which are outperforming 51% of the companies in the Global Media – Diversified industry. Financial strength has a rating of 6 out of 10, with a cash to debt ratio of 0.19 that is below the industry median of 1.4.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 13.12% of outstanding shares, followed by Murray Stahl (Trades, Portfolio) with 5.59%, Jim Simons (Trades, Portfolio) with 1.5%, Mario Gabelli (Trades, Portfolio) with 0.66% and Paul Tudor Jones (Trades, Portfolio) with 0.41%.
The guru reduced his stake in Chesapeake Energy Corp. (CHK) by 58.66%, with an impact of -1.44% on the portfolio.
Chesapeake is a natural gas and oil exploration and production company. It explores, develops and acquires properties for the production of natural gas and crude oil from underground reservoirs and also provides marketing and midstream services. During the second quarter, revenues declined by 54% year-over-year, primarily due to a decrease in the average realized commodity prices received for its production, unrealized losses from oil and natural gas derivatives and its cash expenses continue to decline due to its focus on cost discipline.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of -290.54% and ROA of -49.48%, which are underperforming 77% of the companies in the Global Oil & Gas E&P industry.
Carl Icahn (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 9.4% of outstanding shares, followed by John Griffin (Trades, Portfolio) with 1.11%, Jim Simons (Trades, Portfolio) with 0.53%, Arnold Schneider (Trades, Portfolio) with 45%, Charles Brandes (Trades, Portfolio) with 0.25%, Steven Cohen (Trades, Portfolio) with 0.1% and Jeremy Grantham (Trades, Portfolio) with 0.02%.
The investor reduced his stake in FedEx Corp. (FDX) by 4.73%, with an impact of -0.5% on the portfolio.
The company provides a portfolio of transportation, e-commerce and business services. It operates in four business: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. Fourth quarter loss was 26 cents per diluted share compared to a loss of $3.16 per diluted share a year ago and in this quarter it acquired TNT Express (TNTE).
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 12.39% and ROA of 64.64%, which are outperforming 65% of the companies in the Global Integrated Shipping & Logistics industry. Financial strength has a rating of 6 out of 10, with a cash to debt ratio of 0.26 that is below the industry median of 0.37.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 6% of outstanding shares followed by Dodge & Cox with 4.67%, Bill Gates (Trades, Portfolio) with 1.14% and Bill Nygren (Trades, Portfolio) with 0.75%.
The guru reduced his stake in Alphabet Inc Class A. (GOOGL) by 6.77%, with an impact of -0.5% on the portfolio.
The company, through its subsidiary Google Inc., is engaged in improving the ways people connect with information and its products include Search, Android, YouTube, Apps, Maps and Ads. It also produces internet-connected home devices and provides internet services.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10 with ROE of 14.99% and ROA of 12.24%, which are outperforming 71% of the companies in the Global Internet Content & Information industry. Financial strength has a rating of 8 out of 10, with a cash to debt ratio of 18.67 that is above the industry median of 9.27.
Dodge & Cox is the largest shareholder among the gurus with 0.46% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.36%, Chris Davis (Trades, Portfolio) with 0.14%, Mason Hawkins (Trades, Portfolio) with 0.14%, Steve Mandel (Trades, Portfolio) with 0.13% and Pioneer Investments (Trades, Portfolio) with 0.12%.
The investor exited his stake in Aon PLC. (AON) with an impact of -0.49% on the portfolio.
The company provides risk management services, insurance and reinsurance brokerage and human resource consulting and outsourcing, delivering distinctive client value via effective risk management and workforce productivity solutions. Second quarter revenue decreased 1% to $2.8 billion with organic revenue growth of 3%, operating margin increased 470 basis points to 14.6%, and operating margin, adjusted for certain items, increased 30 basis points to 19.3%.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10 with ROE of 25.13% and ROA of 5.35%, which are outperforming 74% of the in the Global Insurance Brokers industry. Financial strength has a rating of 5 out of 10, with a cash to debt ratio of 0.11.
The largest shareholder among the gurus is First Pacific Advisors (Trades, Portfolio) with 2.26% of outstanding shares, followed by Steven Romick (Trades, Portfolio) with 1.74%, Bill Nygren (Trades, Portfolio) with 1.13%, NWQ Managers (Trades, Portfolio) with 0.43%, Andreas Halvorsen (Trades, Portfolio) with 0.27%, Wallace Weitz (Trades, Portfolio) with 0.21% and Jim Simons (Trades, Portfolio) with 0.16%.
The investor reduced his stake in United Technologies Corp. (UTX) by 6.11%, with an impact of -0.42% on the portfolio.
It provides high technology products and services to the building systems and aerospace industries. Its business segments are Otis, UTC Climate, Controls & Security, Pratt & Whitney, UTC Aerospace Systems and Sikorsky. GAAP EPS of $1.71 grew 7% versus the same quarter of the prior year, adjusted EPS increased 9% and sales increased 1% year-over-year.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 25.00% and ROA of 8.09%, which are outperforming 86% of the companies in the Global Aerospace & Defense industry. Financial strength has a rating of 5 out of 10, with a cash to debt ratio of 0.30 that is below the industry median of 0.40.
Barrow, Hanley, Mewhinney & Strauss is the largest shareholder of the company among the gurus, with 1.81% of outstanding shares, followed by Chris Davis (Trades, Portfolio) with 1.11%, Ken Fisher (Trades, Portfolio) with 1%, First Pacific Advisors (Trades, Portfolio) with 0.82% and Steven Romick (Trades, Portfolio) with 0.64%.
The guru reduced his stake in Scripps Networks Interactive Inc Class A. (SNI) by 5.63%, with an impact of -0.4% on the portfolio.
The company develops lifestyle-oriented content for television and internet television and interactive brands by delivering entertaining and useful content for specifically defined topics of interest. Consolidated operating revenues had 21.9% increase in the second quarter and consolidated operating income grew 12.3%. The company reported 13.9% increase for adjusted segment profit.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 47.11% and ROA of 11.58%, which are outperforming 87% of the companies in the Global Broadcasting - TV industry. Financial strength has a rating of 5 out of 10, with a cash to debt ratio of 0.05 that is below the industry median of 1.40.
Another notable shareholder among the gurus is Pioneer Investments (Trades, Portfolio) with 8.25% of outstanding shares, followed by Tom Russo (Trades, Portfolio) with 0.91%, Mario Gabelli (Trades, Portfolio) with 0.79%, Joel Greenblatt (Trades, Portfolio) with 0.18%, Jim Simons (Trades, Portfolio) with 0.18% and Robert Olstein (Trades, Portfolio) with 0.07%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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