Wallace Weitz (Trades, Portfolio) manages a portfolio composed of 81 stocks with a total value of $2.383 billion. During the first quarter the guru sold shares in the following stocks.
The position in TransDigm Group Inc. (TDG) was closed with an impact of -2.58% on the portfolio.
The company is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10. The return on assets (ROA) of 6.09% and return on capital (ROC) of 122.87% are outperforming 75% of the companies in the Global Aerospace and Defense industry. Financial strength has a rating of 3 out of 10. The cash-debt ratio of 0.09 is below the industry median of 0.47.
The largest shareholder among the gurus is Chase Coleman (Trades, Portfolio) with 7.69% of outstanding shares followed by John Griffin (Trades, Portfolio) with 2.67%, Alan Fournier (Trades, Portfolio) with 1.07%, Ron Baron (Trades, Portfolio) with 1.06%, PRIMECAP Management (Trades, Portfolio) with 0.25% and Joel Greenblatt (Trades, Portfolio) with 0.1%.
The holding in Allergan PLC (AGN) was reduced by 28.78% with an impact of -0.99% on the portfolio.
It is a specialty pharmaceutical company engaged in developing, manufacturing and distributing generic, brand and biosimilar products.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 15.02% and return on assets (ROA) of 9.09% are outperforming 73% of the companies in the Global Drug Manufacturers - Specialty and Generic industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.28 is below the industry median of 2.82.
Vanguard Health Care Fund (Trades, Portfolio) is the largest shareholder among the gurus with 3.48% of outstanding shares followed by John Paulson (Trades, Portfolio) with 0.88%, David Tepper (Trades, Portfolio) with 0.87%, Seth Klarman (Trades, Portfolio) with 0.72%, Griffin with 0.57%, Spiros Segalas (Trades, Portfolio) with 0.45% and Pioneer Investments (Trades, Portfolio) with 0.37%.
The guru reduced his position in Liberty SiriusXM Group Class CĂ‚ (LSXMK) by 28.78%. The trade had an impact of -0.99% on the portfolio.
The company through its subsidiary holding is engaged in providing a subscription-based satellite radio service. It transmits music, sports, entertainment, comedy, talk, news, traffic and weather channels as well as infotainment services.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. While the ROE of 3.90% is underperforming the sector, ROA of 2.52% is outperforming 53% of the companies in the Global Broadcasting - Radio industry. Financial strength has a rating of 4 out of 10 with a cash-debt ratio of 0.05 that is underperforming the industry median of 1.52.
The largest shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 8.92% of outstanding shares followed by Murray Stahl (Trades, Portfolio) with 1.07%, Jeremy Grantham (Trades, Portfolio) with 0.72% and Weitz with 0.51%.
The guru reduced his holding of Twenty-First Century Fox Inc. Class AĂ‚ (FOXA) by 19.95%. The trade had an impact of -0.71% on the portfolio.
It is a diversified media and entertainment company. It operates in five business segments: Cable Network Programming, Television, Filmed Entertainment, Direct Broadcast Satellite Television and Other, Corporate and Eliminations.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 21.37% and ROA of 6.18% are outperforming 73% of the companies in the Global Media – Diversified industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.28 is below the industry median of 1.52.
Dodge & Cox is the largest shareholder among the gurus with 3.7% of outstanding shares followed by Donald Yacktman (Trades, Portfolio) with 1.94 %, Barrow, Hanley, Mewhinney & Strauss with 1.6%, Yacktman Fund (Trades, Portfolio) with 1.16%, Andreas Halvorsen (Trades, Portfolio) with 1.1% and Klarman with 1.03%.
The position in Motorola Solutions Inc. (MSI) was closed with an impact of -0.55% on the portfolio.
The company is a provider of communication infrastructure, devices, accessories, software and services. Its communication products and services help government, public safety and commercial customers improve their operations.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROA of 17.24% and ROC of 140.37% are outperforming 74% of the companies in the Global Communication Equipment industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.18 is below the industry median of 2.61.
The largest shareholder among the gurus is Jim Simons (Trades, Portfolio) with 1.1% of outstanding shares followed by Jerome Dodson (Trades, Portfolio) with 0.31%, Greenblatt with 0.21%, Dodge & Cox with 0.04% and Paul Tudor Jones (Trades, Portfolio) with 0.03%.
The guru cut his shares in Fossil Group Inc. (FOSL) by 76.04% with an impact of -0.53% on the portfolio.
The company is engaged in designing, marketing and distribution of consumer fashion accessories. It offers men's and women's fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, soft accessories and select apparel.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. While the ROE of 2.58% is outperforming the sector, ROA of 1.13% is underperforming 52% of the companies in the Global Footwear and Accessories industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.52 is below the industry median of 1.42.
Simons is the largest shareholder among the gurus with 0.87% of outstanding shares followed by Greenblatt with 0.73%, Weitz with 0.33%, Barrow, Hanley, Mewhinney & Strauss with 0.19%, Jones with 0.08%, Tweedy Browne (Trades, Portfolio) with 0.08% and Stahl with 0.05%.
The investor reduced his Berkshire Hathaway Inc. Class BĂ‚ (BRK.B) position by 5.95%. The trade had an impact of -0.48% on the portfolio.
The company operates in the insurance industry. Its insurance businesses are conducted on both a primary basis and reinsurance basis. It is also engaged in freight rail transportation, utility and energy generation and distribution.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. While the ROE of 8.25% is underperforming the sector, ROA of 3.69% is outperforming 77% of the companies in the Global Insurance - Diversified industry. Financial strength has a rating of 6 out of 10 with a cash-debt ratio of 0.93.
The largest shareholder among the gurus is Bill Gates (Trades, Portfolio) with 2.61% of outstanding shares followed by Ken Fisher (Trades, Portfolio) with 0.23%, Ruane Cunniff (Trades, Portfolio) with 0.11%, David Rolfe (Trades, Portfolio) with 0.09%, Chris Davis (Trades, Portfolio) with 0.07% and Tom Gayner (Trades, Portfolio) with 0.06%.
The investor almost closed his position in Avon Products Inc. (AVP) with a reduction of 94.50% and with an impact of -0.46% on the portfolio.
The company is the manufacturer and marketer of beauty and related products. It operates in Latin America; Europe, Middle East & Africa; North America; and Asia Pacific.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10. While the ROA of 0.60% is underperforming the sector, ROC of 42.82% is outperforming 84% of the companies in the Global Household and Personal Products industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.30 is below the industry median of 0.67.
Yacktman is the largest shareholder among the gurus with 4.35% of outstanding shares followed by Yacktman Fund with 2.3%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 1.5%, Simons with 1.3%, Yacktman Focused Fund (Trades, Portfolio) with 1.23% and Greenblatt with 0.39%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
