Columbia funds are managed by Columbia Management Investment Advisers LLC, and Columbia Acorn funds are managed by Columbia Wanger (Trades, Portfolio) Asset Management LLC, a subsidiary of Columbia Management Investment Advisers, LLC. During the third quarter the guru’s largest trades were the following:
It closed its stake in Cepheid (CPHD) with an impact of -0.93% on the portfolio.
It is a molecular diagnostics company that develops, manufactures and markets integrated systems for testing in the clinical market as well as for application in its nonclinical market. During the last quarter revenue grew 10%, and net loss was 14 cents per share, which compares to net loss of 23 cents per share in the year-ago quarter.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of -10.03% and ROA of -4.53% that are outperforming 50% of the companies in the Global Diagnostics & Research industry. Financial strength has a rating of 6 out of 10 with cash to debt of 1.27 that is below the industry median of 1.84.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 3.32% of outstanding shares followed by Mario Gabelli (Trades, Portfolio) with 0.33%, Jim Simons (Trades, Portfolio) with 0.27%, Steven Cohen (Trades, Portfolio) with 0.2% and Paul Tudor Jones (Trades, Portfolio) with 0.02%.
The fund reduced its stake in Align Technology Inc. (ALGN) by 32.54% with an impact of -0.73% on the portfolio.
The company designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and CAD/CAM digital services used in dentistry, orthodontics and dental records storage. Third-quarter revenue grew 34.2% year over year, and diluted earnings per share was up 29 cents year over year.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 21.60% and ROA of 15.76% that are outperforming 88% of the companies in the Global Medical Devices industry. Financial strength has a rating of 9 out of 10 with no debt.
Other large shareholders among the gurus are Simons with 1.05% of outstanding shares, RS Investment Management (Trades, Portfolio) with 0.76%, Pioneer Investments (Trades, Portfolio) with 0.4%, Ken Fisher (Trades, Portfolio) with 0.14%, Cohen with 0.06%, Ruane Cunniff (Trades, Portfolio) with 0.06% and Mariko Gordon (Trades, Portfolio) with 0.05%.
The guru exited its stake in HRG Group Inc. (HRG) with an impact of -0.68% on the portfolio.
It is a diversified holding company. It provides consumer products including batteries, personal care products, household appliances, pet supplies and home and garden pest control products as well as life insurance and annuity products. During the third quarter the company reported 9.1% growth for net sales and 18.2% increase in adjusted EBITDA.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of -60.73% and ROA of -1% that are underperforming 78% of the companies in the Global Conglomerates industry. Financial strength has a rating of 3 out of 10 with cash to debt of 0.08 that is below the industry median of 4.15%.
The largest shareholder among the gurus is Leucadia National (Trades, Portfolio) with 23.21% of outstanding shares followed by Leon Cooperman (Trades, Portfolio) with 5.13%, Simons with 0.68%, First Eagle Investment (Trades, Portfolio) with 0.05%, Gabelli with 0.03%, Jones with 0.02% and Murray Stahl (Trades, Portfolio) with 0.02%.
The firm purchased 367,398 shares in Spectrum Brands Holdings Inc. (SPB) with an impact of 0.66% on the portfolio.
The company is engaged in manufacturing and marketing alkaline, zinc carbon and hearing aid batteries, herbicides, insecticides and repellents and specialty pet supplies. During the last quarter sales grew 9.1%, and net income increased 126.9% from the same quarter of a year before. Adjusted EBITDA grew 18.2%.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 16.93% and ROA of 3.81% that are outperforming 52% of the companies in the Global Household & Personal Products industry. Financial strength has a rating of 4 out of 10 with cash to debt of 0.03 that is below the industry median of 0.64.
Another notable shareholder among the gurus is Simons with 0.29% of outstanding shares followed by Cohen with 0.13% and Keeley Asset Management Corp (Trades, Portfolio) with 0.1%.
The guru bought 958,398 shares in B/E Aerospace Inc. (BEAV) with an impact of 0.65% on the portfolio.
The company manufactures aircraft cabin interior products. It designs, develops and manufactures products for both commercial aircrafts and business jets. It offers products including aircraft cabin seating, lighting systems and oxygen systems.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 305.23% and ROA of 10.33% that are outperforming 88% of the companies in the Global Aerospace & Defense industry. Financial strength has a rating of 4 out of 10 with cash to debt of 0.06 that is below the industry median of 0.39.
John Paulson (Trades, Portfolio) is the largest shareholder among the gurus, with 0.97% of outstanding shares followed by Gabelli with 0.58%, Simons with 0.34%, Pioneer Investments with 0.19%, Jones with 0.17% and Cohen with 0.14%.
The guru exited its stake in AMETEK Inc. (AME) with an impact of -0.56% on the portfolio.
The company is a manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. Third-quarter diluted earnings per share of 56 cents were down 14% from last year's third quarter, and sales decreased 5% year over year.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 16.27% and ROA of 7.89% that are outperforming 80% of the companies in the Global Diversified Industrials industry. Financial strength has a rating of 5 out of 10 with cash to debt of 0.21 that is below the industry median of 1.13.
The largest shareholder among the gurus is Lou Simpson (Trades, Portfolio) with 3.22% of outstanding shares followed by Gabelli with 1.04%, Daniel Loeb (Trades, Portfolio) with 0.54%, Meridian Funds (Trades, Portfolio) with 0.48%, Louis Moore Bacon (Trades, Portfolio) with 0.18%, Joel Greenblatt (Trades, Portfolio) with 0.13%, Jeremy Grantham (Trades, Portfolio) with 0.12% and Simons with 0.1%.
The guru bought 398,000 shares in Varian Medical Systems Inc. (VAR) with an impact of 0.52% on the portfolio.
The company manufactures medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy and brachytherapy.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 23.78% and ROA of 10.73% that are outperforming 86% of the companies in the Global Medical Devices industry. Financial strength has a rating of 7 out of 10, with cash to debt of 1.41 that is below the industry median of 2.34.
First Eagle Investment is the largest shareholder among the gurus with 4.62% of outstanding shares followed by Westport Asset Management (Trades, Portfolio) with 0.27% and Charles Brandes (Trades, Portfolio) with 0.18%.
The guru reduced its stake in Medidata Solutions Inc. (MDSO) by 50.77% with an impact of -0.48% on the portfolio.
The company provides cloud-based solutions for life sciences. It offers products and services including Medidata Rave, Medidata CTMS, Medidata Designer, Medidata Insights and Medidata Grants Manager.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 7.93% and ROA of 3.53% that are outperforming 54% of the companies in the Global Health Information Services industry. Financial strength has a rating of 6 out of 10, with cash to debt of 1.27 that is below the industry median of 10.74.
The largest shareholder among the gurus is Frank Sands (Trades, Portfolio) with 6.94% of outstanding shares followed by Chuck Royce (Trades, Portfolio) with 0.33% and Greenblatt with 0.01%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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