Manning & Napier Advisors, Inc Buys Freeport-McMoRan, Zayo Group Holdings, FedEx, Sells Tribune Media Co, ServiceNow, Flowserve

• New Purchases: FCX, FDX, SCCO, NTES, BIIB, AMT, MMYT, EWY, PAM, REG,
• Added Positions: ZAYO, AZO, ORLY, SBAC, BMY, KMB, NKE, VCSH, INTC, VTR,
• Reduced Positions: TRCO, NOW, FLS, SWKS, MON, EA, AMZN, LULU, JNJ, AAPL,
• Sold Out: TWX, RRC, BIDU, AA, JNK, COO, CTSH, AZN, VNO, NRF,

For the details of Manning & Napier Advisors, Inc's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Manning+%26+Napier+Advisors%2C+Inc

1. Facebook Inc (FB) - 3,559,586 shares, 3.92% of the total portfolio. Shares reduced by 5.62%
2. Medtronic PLC (MDT) - 5,665,135 shares, 3.54% of the total portfolio. Shares reduced by 16.36%
3. Unilever PLC (UL) - 8,843,480 shares, 3.38% of the total portfolio. Shares reduced by 18.84%
4. Schlumberger Ltd (SLB) - 5,356,104 shares, 3.24% of the total portfolio. Shares reduced by 11.51%
5. Liberty Global PLC (LBTYA) - 10,464,985 shares, 2.91% of the total portfolio. Shares reduced by 15.29%

Manning & Napier Advisors, Inc initiated holdings in Freeport-McMoRan Inc. The purchase prices were between $12.21 and $17.02, with an estimated average price of $14.37. The stock is now traded at around $13.53. The impact to the portfolio due to this purchase was 0.66%. The holdings were 6,335,763 shares as of 2017-03-31.

Manning & Napier Advisors, Inc initiated holdings in FedEx Corp. The purchase prices were between $184.61 and $197.42, with an estimated average price of $191.01. The stock is now traded at around $196.69. The impact to the portfolio due to this purchase was 0.46%. The holdings were 304,083 shares as of 2017-03-31.

Manning & Napier Advisors, Inc initiated holdings in Southern Copper Corp. The purchase prices were between $32.38 and $39.1, with an estimated average price of $36.53. The stock is now traded at around $36.42. The impact to the portfolio due to this purchase was 0.45%. The holdings were 1,608,230 shares as of 2017-03-31.

Manning & Napier Advisors, Inc initiated holdings in NetEase Inc. The purchase prices were between $218.16 and $305.06, with an estimated average price of $269.25. The stock is now traded at around $276.97. The impact to the portfolio due to this purchase was 0.4%. The holdings were 180,665 shares as of 2017-03-31.

Manning & Napier Advisors, Inc initiated holdings in Biogen Inc. The purchase prices were between $251.68 and $297.85, with an estimated average price of $275.15. The stock is now traded at around $271.89. The impact to the portfolio due to this purchase was 0.26%. The holdings were 122,675 shares as of 2017-03-31.

Manning & Napier Advisors, Inc initiated holdings in American Tower Corp. The purchase prices were between $103.01 and $121.54, with an estimated average price of $110.01. The stock is now traded at around $121.79. The impact to the portfolio due to this purchase was 0.23%. The holdings were 244,375 shares as of 2017-03-31.

Manning & Napier Advisors, Inc added to the holdings in Zayo Group Holdings Inc by 87.54%. The purchase prices were between $30.38 and $33.66, with an estimated average price of $31.88. The stock is now traded at around $32.64. The impact to the portfolio due to this purchase was 0.65%. The holdings were 5,504,715 shares as of 2017-03-31.

Manning & Napier Advisors, Inc added to the holdings in O'Reilly Automotive Inc by 473.90%. The purchase prices were between $254.35 and $282.81, with an estimated average price of $270.93. The stock is now traded at around $254.70. The impact to the portfolio due to this purchase was 0.25%. The holdings were 144,450 shares as of 2017-03-31.

Manning & Napier Advisors, Inc added to the holdings in AutoZone Inc by 508.42%. The purchase prices were between $712.72 and $793.68, with an estimated average price of $740.49. The stock is now traded at around $703.70. The impact to the portfolio due to this purchase was 0.25%. The holdings were 53,480 shares as of 2017-03-31.

Manning & Napier Advisors, Inc added to the holdings in SBA Communications Corp by 132.39%. The purchase prices were between $102.6 and $120.37, with an estimated average price of $110.45. The stock is now traded at around $119.85. The impact to the portfolio due to this purchase was 0.18%. The holdings were 326,875 shares as of 2017-03-31.

Manning & Napier Advisors, Inc added to the holdings in Vanguard Short-Term Corporate Bond ETF by 75.51%. The purchase prices were between $79.23 and $79.93, with an estimated average price of $79.54. The stock is now traded at around $79.70. The impact to the portfolio due to this purchase was 0.03%. The holdings were 134,886 shares as of 2017-03-31.

Manning & Napier Advisors, Inc added to the holdings in Kimberly-Clark Corp by 77.93%. The purchase prices were between $114.36 and $135, with an estimated average price of $126.11. The stock is now traded at around $131.24. The impact to the portfolio due to this purchase was 0.03%. The holdings were 71,953 shares as of 2017-03-31.

Manning & Napier Advisors, Inc sold out the holdings in Time Warner Inc. The sale prices were between $93.4 and $98.96, with an estimated average price of $96.78.

Manning & Napier Advisors, Inc sold out the holdings in Range Resources Corp. The sale prices were between $26.8 and $35.71, with an estimated average price of $30.88.

Manning & Napier Advisors, Inc sold out the holdings in Baidu Inc. The sale prices were between $168.26 and $186.01, with an estimated average price of $175.99.

Manning & Napier Advisors, Inc sold out the holdings in Alcoa Corp. The sale prices were between $28.83 and $38.56, with an estimated average price of $34.99.

Manning & Napier Advisors, Inc sold out the holdings in SPDR Bloomberg Barclays High Yield Bond. The sale prices were between $36.25 and $37.22, with an estimated average price of $36.79.

Manning & Napier Advisors, Inc sold out the holdings in The Cooper Companies Inc. The sale prices were between $175.15 and $201.14, with an estimated average price of $190.01.

Manning & Napier Advisors, Inc reduced to the holdings in Tribune Media Co by 99.57%. The sale prices were between $28.33 and $39.33, with an estimated average price of $33.86. The stock is now traded at around $37.84. The impact to the portfolio due to this sale was -1.28%. Manning & Napier Advisors, Inc still held 24,455 shares as of 2017-03-31.

Manning & Napier Advisors, Inc reduced to the holdings in ServiceNow Inc by 40.23%. The sale prices were between $75.66 and $93.97, with an estimated average price of $87.2. The stock is now traded at around $85.81. The impact to the portfolio due to this sale was -1.2%. Manning & Napier Advisors, Inc still held 3,666,182 shares as of 2017-03-31.

Manning & Napier Advisors, Inc reduced to the holdings in Flowserve Corp by 97.09%. The sale prices were between $45.22 and $51.85, with an estimated average price of $48.46. The stock is now traded at around $48.74. The impact to the portfolio due to this sale was -1.15%. Manning & Napier Advisors, Inc still held 109,071 shares as of 2017-03-31.

Manning & Napier Advisors, Inc reduced to the holdings in Skyworks Solutions Inc by 46.39%. The sale prices were between $74.57 and $99.11, with an estimated average price of $91.28. The stock is now traded at around $99.12. The impact to the portfolio due to this sale was -1.04%. Manning & Napier Advisors, Inc still held 2,466,862 shares as of 2017-03-31.

Manning & Napier Advisors, Inc reduced to the holdings in Monsanto Co by 35.8%. The sale prices were between $105.05 and $115.51, with an estimated average price of $110.68. The stock is now traded at around $116.00. The impact to the portfolio due to this sale was -1.02%. Manning & Napier Advisors, Inc still held 2,656,878 shares as of 2017-03-31.

Manning & Napier Advisors, Inc reduced to the holdings in Electronic Arts Inc by 49.06%. The sale prices were between $78.64 and $91.51, with an estimated average price of $85.14. The stock is now traded at around $88.45. The impact to the portfolio due to this sale was -0.86%. Manning & Napier Advisors, Inc still held 1,737,481 shares as of 2017-03-31.