Robert Olstein (Trades, Portfolio) is the chairman and chief investment officer of the Olstein Financial Alert Fund. In both the second and third quarters the guru bought shares in the following stocks:
Charles River Laboratories International Inc. (CRL)
During the second quarter the guru increased his position by 130.18% and in the third quarter increased it by 53.17%.
The guru currently holds 0.18% of outstanding shares in the company, which provides research models and services required to enable in vivo drug discovery and development.
The largest shareholder among the gurus is John Rogers (Trades, Portfolio) with 3.1% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 2.05%, Jim Simons (Trades, Portfolio) with 1.65%, Ken Fisher (Trades, Portfolio) with 1.09%, Pioneer Investments (Trades, Portfolio) with 0.57%, Paul Tudor Jones (Trades, Portfolio) with 0.34% and Westport Asset Management (Trades, Portfolio) with 0.32%.
Delphi Automotive PLCĂ‚ (DLPH)
In the second quarter the investor increased his holding by 43.75% and again by 1.74% in the third quarter.
The guru currently holds 0.04% of outstanding shares in the company, which is engaged in the manufacturing of vehicle components. The company's business segments are Electrical/Electronic Architecture, Powertrain Systems, Electronics and Safety and Thermal Systems. Third quarter revenue increased 13% year over year and GAAP net income from continuing operations of $293 million and earnings from continuing operations of $1.07 per diluted share compared to $351 million and $1.23 per diluted share in the prior-year period.
Barrow, Hanley, Mewhinney & Strauss is the largest shareholder among the gurus with 0.25% of outstanding shares followed by Steven Cohen (Trades, Portfolio) with 0.05% and RS Investment Management (Trades, Portfolio) with 0.05%.
Walt Disney Co. (DIS)
In the second quarter the guru increased his position by 60.78% and in the third quarter by 12.20%.
The guru currently holds 0.01% of outstanding shares in the company, which together with its subsidiaries is a diversified entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. Third-quarter earnings increased of $114 million over the prior-year quarter and diluted earnings per share (EPS) for the quarter increased 10% to $1.59 from $1.45 in the prior-year quarter.
The largest shareholder among the gurus is Fisher with 0.54% of outstanding shares followed by PRIMECAP Management with 0.41%, Pioneer Investments with 0.25%, Spiros Segalas (Trades, Portfolio) with 0.23%, Diamond Hill Capital (Trades, Portfolio) with 0.13%, Mairs and Power (Trades, Portfolio) with 0.09% and T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.08%.
JetBlue Airways Corp. (JBLU)
In the second quarter the investor increased his holding by 105.43% and increased it by 16.08% in the third quarter.
The guru currently holds 0.16% of outstanding shares in the company, which provides passenger airline services in the U.S. Its services include partner airlines, getaways, corporate, cargo, travel agents, special assistance and travel insurance. During the third quarter operating income grew 1% over the same quarter of a year before and net income was $4.198 billion or 58 cents per diluted per shares.
PRIMECAP Management is the largest shareholder among the gurus with 6.19% of outstanding shares followed by Simons with 1.87%, Donald Smith (Trades, Portfolio) with 1.77%, Jeremy Grantham (Trades, Portfolio) with 0.7%, Joel Greenblatt (Trades, Portfolio) with 0.17% and Olstein with 0.16%.
eBay Inc. (EBAY)
In the second quarter the guru increased his position by 4.14% and in the third quarter by 3.61%.
The guru currently holds 0.03% of outstanding shares in the company, which is a commerce platform and provides an online marketplace for the sale of goods. The company's business segments are Marketplaces, Payments and Enterprise. Revenue for the third quarter grew 8% on an FX-Neutral basis and 6% on an as-reported basis. GAAP net income from continuing operations was 36 cents per diluted share, and non-GAAP net income from continuing operations was 45 cents per diluted share.
The largest shareholder among the gurus is PRIMECAP Management with 0.78% of outstanding shares followed by Pioneer Investments with 0.37%, Simons with 0.27%, Greenblatt with 0.27%, First Eagle Investment (Trades, Portfolio) with 0.17%, George Soros (Trades, Portfolio) with 0.16% and Mario Gabelli (Trades, Portfolio) with 0.06%.
CVS Health Corp. (CVS)
In the second quarter the investor increased his holding by 42.19% and again by 18.68% in the third quarter.
The guru currently holds 0.01% of outstanding shares in the company, which is an integrated pharmacy health care provider. The company has three segments: Pharmacy Services, Retail Pharmacy and Corporate.
Pioneer Investments is the largest shareholder among the gurus with 0.54% of outstanding shares followed by Simons with 0.36%, PRIMECAP Management with 0.33%, Grantham with 0.17%, Gabelli with 0.11%, RS Investment Management with 0.08% and Charles de Vaulx (Trades, Portfolio) with 0.07%.
Discovery Communications Inc. Class CĂ‚ (DISCK)
In the second quarter the guru increased his position by 10.10% and increased it 14.21% in the third quarter.
The guru currently holds 0.1% of outstanding shares in the company, which is a media and entertainment company. It provides programming across multiple distribution platforms worldwide. The company also provides educational products and services to schools and operates digital media services.
The largest shareholder among the gurus is HOTCHKIS & WILEY with 0.56% of outstanding shares followed by Gabelli with 0.38%, Arnold Van Den Berg (Trades, Portfolio) with 0.29%, Tom Gayner (Trades, Portfolio) with 0.21%, Wallace Weitz (Trades, Portfolio) with 0.2%, First Pacific Advisors (Trades, Portfolio) with 0.04%, Murray Stahl (Trades, Portfolio) with 0.03% and Fisher with 0.02%.
Delta Air Lines Inc. (DAL)
In the second quarter the investor raised his holding by 68.57% and in the third quarter increased it 15.25%.
The guru currently holds 0.04% of outstanding shares in the company, which provides scheduled air transportation for passengers and cargo throughout the U.S. and around the world. The company's business segments are airline and refinery.
The largest shareholder among the gurus is PRIMECAP Management with 2.64% of outstanding shares followed by Grantham with 0.34%, First Eagle Investment with 0.34%, Greenblatt with 0.17%, Leon Cooperman (Trades, Portfolio) with 0.16%, Julian Robertson (Trades, Portfolio) with 0.08% and John Burbank (Trades, Portfolio) with 0.02%.
Spirit Airlines Inc. (SAVE)
In the second quarter the guru increased his position by 26.71% and by 10.85% in the third quarter.
The guru currently holds 0.54% of outstanding shares in the company, which is an airline based in Miramar, Florida. The company's all-Airbus fleet currently operates more than 300 daily flights to over 56 destinations in the U.S., the Caribbean and Latin America.
PRIMECAP Management is the largest shareholder among the gurus with 1.38% of outstanding shares followed by Chuck Royce (Trades, Portfolio) with 1.32%, RS Investment Management with 1.12%, Cohen with 0.44%, Ronald Muhlenkamp (Trades, Portfolio) with 0.28% and First Pacific Advisors with 0.15%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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