Andreas Halvorsen (Trades, Portfolio) is a founding partner of Viking Global Investors LP and currently serves as its chief investment officer. Since its inception, Viking has employed a research-intensive, long-term focused investment approach. In both of the last two quarters, the guru increased his stake in the following stocks:
Centene Corp. (CNC, Financial)
During the third quarter of 2016, the guru increased his stake by 66.91% and in the fourth quarter increased it by 102.49%. The guru currently holds 0.96% of outstanding shares of the stock.
Centene provides programs and services to government-sponsored health care programs, focusing on underinsured and uninsured individuals. Third-quarter operating expenses were $7.3 million, down from operating expenses of $10.2 million the year before. The company reported a net loss of $8.2 million or 55 cents per share, compared with a net loss of $5.5 million or 38 cents per share in the comparable quarter the year before.
Lee Ainslie (Trades, Portfolio) is another notable shareholder of the company among the gurus with 0.81% of outstanding shares, followed by David Tepper (Trades, Portfolio) with 0.46%, Columbia Wanger (Trades, Portfolio) with 0.45%, Jim Simons (Trades, Portfolio) with 0.27%, Richard Snow (Trades, Portfolio) with 0.22%, Steven Cohen (Trades, Portfolio) with 0.17%, Pioneer Investments (Trades, Portfolio) with 0.05%, Joel Greenblatt (Trades, Portfolio) with 0.01% and Paul Tudor Jones (Trades, Portfolio) with 0.01%.
Constellation Brands Inc.Ă‚ (STZ, Financial)
During the third quarter of 2016, the investor boosted his stake by 475.10% and again by 47.16% in the fourth quarter. The guru currently holds 2.01% of outstanding shares of the stock.
Constellation Brands is an international alcoholic beverage company with many of its products recognized as leaders in their respective categories and geographic markets. During the third quarter, basis EPS of $1.98 grew 49% and comparable EPS increased 38%. Consolidated net sales grew 10%, consolidated and comparable basis operating income increased 19% and 12% respectively.
The largest shareholder among the gurus is Steve Mandel (Trades, Portfolio) with 3.25% of outstanding shares, followed by Daniel Loeb (Trades, Portfolio) with 1.53%, Cohen with 0.4%, Spiros Segalas (Trades, Portfolio) with 0.34%, Alan Fournier (Trades, Portfolio) with 0.17%, Ray Dalio (Trades, Portfolio) with 0.03%, Greenblatt with 0.03% and Pioneer Investments with 0.02%.
Alphabet Inc. (GOOG, Financial)
During the third quarter of 2016, the guru increased his position by 27.34%. In the fourth quarter, he again added to his position by 0.73%. The guru currently holds 0.16% of outstanding shares of the stock.
Alphabet, through its subsidiary Google Inc., is engaged in improving the ways people connect with information and products. During the fourth quarter, the company reported a 22% year over year increase for revenue and 24% increase on a constant currency basis. The GAAP operating margin increased 25%. The company reported a 33% increase for the non-GAAP operating margin.
Dodge & Cox is the largest shareholder of the company among the gurus with 0.45% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.35%, Chris Davis (Trades, Portfolio) with 0.19%, Halvorsen with 0.16%, Mason Hawkins (Trades, Portfolio) with 0.14%, Frank Sands (Trades, Portfolio) with 0.12%, Pioneer Investments with 0.11%, Mandel with 0.09% and Jeremy Grantham (Trades, Portfolio) with 0.08%.
During the third quarter of 2016, the investor increased his holding by 21.16% and again by 38.26% in the fourth quarter. The guru currently holds 2.65% of outstanding shares of the stock.
The company acquires products from suppliers and sells them directly to its customers through its website and mobile applications. Third-quarter net revenues grew 38% year over year. The non-GAAP gross profit of $1.4 billion increased 59% from the third quarter of 2015.
The largest shareholder among the gurus is Chase Coleman (Trades, Portfolio) with 3.22% of outstanding shares, followed by Dodge & Cox with 2.91%, Halvorsen with 2.65%, Ken Fisher (Trades, Portfolio) with 0.67%, Segalas with 0.32%, Davis with 0.16%, Ruane Cunniff (Trades, Portfolio) with 0.13%, Cohen with 0.09% and Matthews China Fund (Trades, Portfolio) with 0.04%.
During the third quarter, the guru increased his position by 7.75% and in the fourth quarter added another 2.26%. The guru currently holds 9.13% of outstanding shares of the stock.Ă‚
Encana is a North American energy producer engaged in developing diverse resource plays producing natural gas, oil and NGLs. It is also engaged in marketing of natural gas, oil and NGLs.
Davis is another notable shareholder of the company among the gurus with 7.31% of outstanding shares, followed by Mandel with 2.15%, Paul Singer (Trades, Portfolio) with 1.15%, First Eagle Investment (Trades, Portfolio) with 0.14%, Cohen with 0.07%, Sarah Ketterer (Trades, Portfolio) with 0.07% and Ron Baron (Trades, Portfolio) with 0.07%.
Microsoft Corp. (MSFT, Financial)
During the third quarter, the investor increased his holding by 142.60% and in the fourth quarter by 60.60%. The guru currently holds 0.28% of outstanding shares of the stock.
Microsoft is engaged in designing, manufacturing and selling devices and online advertising. Its products include operating systems for computing devices, servers, phones and other devices. During the second quarter, the company completed the acquisition of LinkedIn Corp. (LNKD) and reported GAAP diluted EPS of 66 cents, up from GAAP diluted EPS of 62 cents in the same quarter of the previos year. GAAP net income was $5.2 billion and GAPP operating income was $6.2 billion.
The largest shareholder among the gurus is PRIMECAP Management with 0.69% of outstanding shares, followed by Dodge & Cox with 0.55%, Jeff Ubben (Trades, Portfolio) with 0.5%, First Eagle Investment with 0.31%, Barrow, Hanley, Mewhinney & Strauss with 0.24%, Fisher with 0.24%, Pioneer Investments with 0.21% and Mandel with 0.21%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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