Rovida Advisors Inc. Buys Lockheed Martin Corp, Raytheon Co, Northrop Grumman Corp, Sells Spectrum Brands Holdings Inc, Allscripts Healthcare Solutions Inc, Gilead Sciences Inc

• New Purchases: LMT, RTN, NOC, PXD, OA, TPX,
• Added Positions: FCX, EZPW,
• Reduced Positions: REV,
• Sold Out: SPB, MDRX, GILD, CLMT,

For the details of Rovida Advisors Inc.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Rovida+Advisors+Inc.

1. Amazon.com Inc (AMZN) - 76,820 shares, 11.63% of the total portfolio.
2. Bank of N.T Butterfield & Son Ltd (NTB) - 2,004,828 shares, 10.9% of the total portfolio.
3. Orion Engineered Carbons SA (OEC) - 2,700,000 shares, 9.45% of the total portfolio.
4. Freeport-McMoRan Inc (FCX) - 3,247,000 shares, 7.41% of the total portfolio. Shares added by 127.86%
5. Revlon Inc (REV) - 1,498,814 shares, 7.11% of the total portfolio. Shares reduced by 5.22%

Rovida Advisors Inc. initiated holdings in Lockheed Martin Corp. The purchase prices were between $250.9 and $272.03, with an estimated average price of $261.9. The stock is now traded at around $269.60. The impact to the portfolio due to this purchase was 6.93%. The holdings were 151,600 shares as of 2017-03-31.

Rovida Advisors Inc. initiated holdings in Raytheon Co. The purchase prices were between $142.9 and $156.97, with an estimated average price of $150.46. The stock is now traded at around $156.88. The impact to the portfolio due to this purchase was 6.91%. The holdings were 265,500 shares as of 2017-03-31.

Rovida Advisors Inc. initiated holdings in Northrop Grumman Corp. The purchase prices were between $226.96 and $248.6, with an estimated average price of $237.55. The stock is now traded at around $245.51. The impact to the portfolio due to this purchase was 6.74%. The holdings were 165,935 shares as of 2017-03-31.

Rovida Advisors Inc. initiated holdings in Pioneer Natural Resources Co. The purchase prices were between $174.95 and $198.9, with an estimated average price of $185.5. The stock is now traded at around $170.81. The impact to the portfolio due to this purchase was 6.56%. The holdings were 206,500 shares as of 2017-03-31.

Rovida Advisors Inc. initiated holdings in Orbital ATK Inc. The purchase prices were between $86.82 and $102.11, with an estimated average price of $92.48. The stock is now traded at around $99.65. The impact to the portfolio due to this purchase was 2.19%. The holdings were 131,234 shares as of 2017-03-31.

Rovida Advisors Inc. initiated holdings in Tempur Sealy International Inc. The purchase prices were between $42.2 and $69.5, with an estimated average price of $51.41. The stock is now traded at around $46.21. The impact to the portfolio due to this purchase was 1.51%. The holdings were 191,012 shares as of 2017-03-31.

Rovida Advisors Inc. added to the holdings in Freeport-McMoRan Inc by 127.86%. 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 $12.02. The impact to the portfolio due to this purchase was 4.16%. The holdings were 3,247,000 shares as of 2017-03-31.

Rovida Advisors Inc. added to the holdings in EZCORP Inc by 27.32%. The purchase prices were between $7.9 and $10.95, with an estimated average price of $9.17. The stock is now traded at around $8.65. The impact to the portfolio due to this purchase was 0.76%. The holdings were 2,546,409 shares as of 2017-03-31.

Rovida Advisors Inc. sold out the holdings in Spectrum Brands Holdings Inc. The sale prices were between $119.81 and $142.34, with an estimated average price of $132.8.

Rovida Advisors Inc. sold out the holdings in Allscripts Healthcare Solutions Inc. The sale prices were between $10.53 and $12.82, with an estimated average price of $11.86.

Rovida Advisors Inc. sold out the holdings in Gilead Sciences Inc. The sale prices were between $65.59 and $76.38, with an estimated average price of $70.32.

Rovida Advisors Inc. sold out the holdings in Calumet Specialty Products Partners LP. The sale prices were between $3.6 and $4.6, with an estimated average price of $3.96.