John Paulson (Trades, Portfolio) manages a portfolio composed of 97 stocks that is valued at $7.5 billion. During the first quarter, the guru sold shares of the following stocks.
The investor reduced his Teva Pharmaceutical Industries Ltd. ADR (TEVA, Financial) stake by 30.95%, impacting the portfolio by -2.28%.
Teva is a pharmaceutical company that produces generic and specialty medicines.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity (ROE) of 0.24% and return on assets (ROA) of 0.43% are underperforming 70% of companies in the Global Drug Manufacturers - Specialty and Generic industry. Financial strength has a rating of 4 out of 10 with a cash-debt ratio of 0.03.
The largest shareholder of the company among the gurus is Barrow, Hanley, Mewhinney & Strauss with 2.93% of outstanding shares, followed by the Vanguard Health Care Fund (Trades, Portfolio) with 1.15%, Paulson with 1.08%, Jim Simons (Trades, Portfolio) with 0.47%, David Tepper (Trades, Portfolio) with 0.21%, NWQ Managers (Trades, Portfolio) with 0.09% and Michael Price (Trades, Portfolio) with 0.07%.
Paulson reduced his position in Extended Stay America Inc. (STAY, Financial) by 29.84%. The trade had an impact of -1.73% on the portfolio.
The company owns and operates hotels in North America.
GuruFocus gives Extended Stay a profitability and growth rating of 6 out of 10. While the ROE of 8.84% is outperforming the sector, the ROA of -1.78% is underperforming 58% of companies in the Global Lodging industry. Financial strength has a rating of 4 out of 10 with a cash-debt ratio of 0.03.
With his purchase, Paulson became the largest shareholder of the company among the gurus with 5.07% of outstanding shares, followed by Simons with 0.66%, Ken Heebner (Trades, Portfolio) with 0.57%, Steven Cohen (Trades, Portfolio) with 0.57%, Paul Tudor Jones (Trades, Portfolio) with 0.1% and Pioneer Investments (Trades, Portfolio) with 0.09%.
The guru reduced his Allergan PLCĂ‚ (AGN, Financial) holding by 17.24%. The trade had an impact of -1.64% on the portfolio.
The specialty pharmaceutical company produces generic, brand and biosimilar products.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of 15.02% and ROA of 9.09% are outperforming 81% of the companies in the Global Drug Manufacturers industry. Financial strength has a rating of 4 out of 10 with a cash-debt ratio of 0.28.
Allergan's largest shareholder among the gurus is the Vanguard Health Care Fund with 3.48% of outstanding shares, followed by Tepper with 0.87%, Seth Klarman (Trades, Portfolio) with 0.72%, John Griffin (Trades, Portfolio) with 0.57%, Spiros Segalas (Trades, Portfolio) with 0.45% and Pioneer Investments with 0.37%.
Paulson reduced his stake in Mylan NVĂ‚ (MYL, Financial) by 16.15%, with an impact of -1.62% on the portfolio.
The company is a generic pharmaceutical manufacturer.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of 4.82% and ROA of 1.70% are underperforming 58% of companies in the Global Drug Manufacturers - Specialty and Generic industry. Financial strength has a rating of 4 out of 10 with a cash-debt ratio of 0.06.
The Vanguard Health Care Fund is the largest guru shareholder with 5.47% of outstanding shares, followed by David Einhorn (Trades, Portfolio) with 1.62%, Richard Pzena (Trades, Portfolio) with 1.36%, First Pacific Advisors (Trades, Portfolio) with 0.1%, Cohen with 0.67%, Simons with 0.46%, Tepper with 0.35% and Lee Ainslie (Trades, Portfolio) with 0.29%.
The guru closed his B/E Aerospace Inc.Ă‚ (BEAV, Financial) stake. The trade impacted the portfolio by -1.01%.
The company manufactures aircraft cabin interior products for both commercial aircraft and private jets.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 230.31% and ROA of 9.52% are outperforming 87% of the companies in the Global Aerospace and Defense industry. Financial strength has a rating of 5 out of 10 with a cash-debt ratio of 0.10.
The largest shareholder of the company among the gurus Jeremy Grantham (Trades, Portfolio) with 0.63% of outstanding shares, followed by Mario Gabelli (Trades, Portfolio) with 0.16%, Pioneer Investments with 0.12% and Jones with 0.02%.
Paulson exited his VMware Inc. (VMW, Financial) stake with an impact of -0.1% on the portfolio.
The company provides virtualization infrastructure solutions.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The ROE of 14.44% and ROA of 7.36% are outperforming 69% of the companies in the Global Software – Infrastructure industry. Financial strength has a rating of 7 out of 10 with a cash-debt ratio of 5.32.
Dodge & Cox is the largest shareholder of the company among the gurus with 2.27% of outstanding shares, followed by Simons with 0.53%, PRIMECAP Management (Trades, Portfolio) with 0.45%, George Soros (Trades, Portfolio) with 0.05%, Joel Greenblatt (Trades, Portfolio) with 0.05%, John Hussman (Trades, Portfolio) with 0.02% and Jones with 0.01%.
The investor closed his position in Hewlett Packard Enterprise Co. (HPE, Financial). The trade had an impact of -0.88% on the portfolio.
The software company provides servers, storage, networking and technology services.Ă‚
GuruFocus gives the company a profitability and growth rating of 3 out of 10. The ROE of 9.99% and ROA of 4.05% are outperforming 70% of the companies in the Global Communications Equipment industry. Financial strength has a rating of 5 out of 10 with a cash-debt ratio of 0.62.
The largest shareholder of the company among the gurus is Dodge & Cox with 12.83% of outstanding shares, followed by PRIMECAP Management with 3.7%, Hotchkis & Wiley with 3.06%, Pzena with 1.05%, Daniel Loeb (Trades, Portfolio) with 0.36%, Jana Partners (Trades, Portfolio) with 0.27% and Soros with 0.19%.
Paulson exited his Activision Blizzard Inc. (ATVI, Financial) stake, impacting the portfolio by -0.45%.
The company is a video game developer and publisher.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 11.34% and ROA of 5.80% are outperforming 62% of the companies in the Global Electronic Gaming and Multimedia industry. Financial strength has a rating of 6 out of 10 with a cash-debt ratio of 0.74.
Steve Mandel (Trades, Portfolio) is the largest shareholder of the company among the gurus with 3.29% of outstanding shares, followed by PRIMECAP Management with 1.25%, Caxton Associates (Trades, Portfolio) with 0.4%, Simons with 0.17%, Stanley Druckenmiller (Trades, Portfolio) with 0.07% and RS Investment Management (Trades, Portfolio) with 0.05%.
The investor reduced his holding of American International Group Inc. (AIG, Financial) by 5.42%, impacting the portfolio by -0.22%.
The company provides property and casualty insurance, life insurance, retirement products, mortgage insurance and other financial services.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The ROE of 0.62% and ROA of 0.10% are underperforming 89% of companies in the Global Insurance – Diversified industry. Financial strength has a rating of 5 out of 10 with a cash-debt ratio of 0.06.
The largest shareholder of the company among the gurus is Carl Icahn (Trades, Portfolio) with 4.93% of outstanding shares, followed by Hotchkis & Wiley with 1.79%, First Pacific Advisors with 1.13%, Steven Romick (Trades, Portfolio) with 0.85%, Barrow, Hanley, Mewhinney & Strauss with 0.84% and Bill Nygren (Trades, Portfolio) with 0.75%.
Disclosure: I do not own shares of any stocks mentioned in this article.
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