The Yacktman Fund (Trades, Portfolio) reduced or exited its position in the following stocks in the fourth quarter.Â
The Microsoft Corp. (MSFT, Financial) position was cut by 27.45%. The trade had an impact of -1.66% on the portfolio.
The software company has a market cap of $692.62 billion and an enterprise value of $645.39 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity (ROE) of 31.12% and return on assets (ROA) of 10.02% are outperforming 79% of companies in the Global Software - Infrastructure industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.52 is below the industry median of 6.56.
The company's largest shareholder among the gurus is Bill Gates (Trades, Portfolio) with 0.79% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.65%.
The fund reduced its holding of Sysco Corp. (SYY, Financial) by 27.97%, impacting the portfolio by -1.54%.
The food distribution company has a market cap of $32.46 billion and an enterprise value of $40.6 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 47.66% and ROA of 6.61% are outperforming 73% of companies in the Global Food Distribution industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.10 is below the industry median of 0.51.
Donald Yacktman (Trades, Portfolio) is the company's largest guru shareholder with 2.1% of outstanding shares, followed by the Yacktman Focused Fund (Trades, Portfolio) with 0.36%.
The fund closed its Wal-Mart Stores Inc. (WMT, Financial) position. The trade had an impact of -0.99% on the portfolio.
The retailer has a market cap of $300.36 billion and an enterprise value of $346.02 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 14.99% and ROA of 5.63% are outperforming 72% of companies in the Global Discount Stores industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.14 is below the industry median of 0.51.
The company's largest guru shareholder is Dodge & Cox with 0.71% of outstanding shares, followed by Gates with 0.39%.
The fund reduced its Samsung Electronics Co. Ltd.(XKRX:005935, Financial) holding by 11.57%. The trade had an impact of -0.77% on the portfolio.
The fund reduced its stake in Cisco Systems Inc. (CSCO, Financial) by 9.84%, impacting the portfolio by -0.64%.
The manufacturer of communication equipment has a market cap of $200.41 billion and an enterprise value of $167.75 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 14.93% and ROA of 7.58% are outperforming 78% of companies in the Global Communication Equipment industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.99 is below the industry median of 2.24.
Dodge & Cox is the company's largest shareholder among the gurus with 1.65% of outstanding shares, followed by PRIMECAP Management with 0.72%, Yacktman with 0.58% and Ken Fisher (Trades, Portfolio) with 0.43%.
The Intel Corp. (INTC, Financial) position was closed. The trade had an impact of -0.58% on the portfolio.
The semiconductor manufacturer has a market cap of $201.9 billion and an enterprise value of $216.03 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 20.63% and ROA of 11.73% are outperforming 83% of companies in the Global Semiconductors industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.55 is below the industry median of 1.62.
With 0.45% of outstanding shares, Fisher is the company's largest guru shareholder, followed by PRIMECAP Management with 0.42% and Bill Nygren (Trades, Portfolio) with 0.22%.
The Anthem Inc. (ANTM, Financial) position was reduced by 17.65%. The transaction had an impact of -0.45% on the portfolio.
The health benefits company has a market cap of $62.07 billion and an enterprise value of $53.49 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the ROE of 11.61% is underperforming the sector, the ROA of 4.45% is outperforming 52% of companies in the Global Health Care Plans industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.38 is below the industry median of 1.51.
Larry Robbins (Trades, Portfolio) is the company's largest guru shareholder with 1.48% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 1.21%, Barrow, Hanley, Mewhinney & Strauss with 1.01% and Hotchkis & Wiley with 0.93%.
The fund reduced its position in Johnson & Johnson (JNJ, Financial) by 6.45%, impacting the portfolio by -0.41%.
The health care company has a market cap of $394.54 billion and an enterprise value of $413.48 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 22.02% and ROA of 10.77% are outperforming 81% of companies in the Global Drug Manufacturers - Major industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.46 is below the industry median of 2.89.
The company's largest shareholder among the gurus is Fisher with 0.44% of outstanding shares, followed by Barrow, Hanley, Mewhinney & Strauss with 0.39%, Yacktman with 0.21% and Jeremy Grantham (Trades, Portfolio) with 0.17%.
The fund trimmed its Stryker Corp. (STK) position by 27.27%. The trade had an impact of -0.34% on the portfolio.
The company, which makes medical devices, has a market cap of $59.68 billion and an enterprise value of $64.22 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 18.14% and ROA of 8.56% are outperforming 82% of companies in the Global Medical Devices industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.37 is below the industry median of 2.87.
The Vanguard Health Care Fund (Trades, Portfolio) is the company's largest guru shareholder with 0.44% of outstanding shares, followed by Grantham with 0.29% and David Tepper (Trades, Portfolio) with 0.14%.
The fund reduced its C.H. Robinson Worldwide Inc. (CHRW) holding by 28.57%, impacting the portfolio by -0.24%.
The third-party logistics provider has a market cap of $12.99 billion and an enterprise value of $14.16 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 36.31% and ROA of 12.32% are outperforming 95% of companies in the Global Integrated Shipping and Logistics industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.20 is below the industry median of 0.34.
The company's largest guru shareholder is First Eagle Investment with 3.86% of outstanding shares, followed by Mairs and Power (Trades, Portfolio) with 1.29%.
The ConocoPhillips (COP) holding was reduced by 16.67%. The transaction had an impact of -0.24% on the portfolio.
The oil and gas producer has a market cap of $70.34 billion and enterprise value of $79.87 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of -7.38% and ROA of -2.91% are underperforming 61% of companies in the Global Oil and Gas E&P industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.56 is above the industry median of 0.55.
Barrow, Hanley, Mewhinney & Strauss is the company's largest guru shareholder with 2.43% of outstanding shares, followed by First Eagle Investment with 0.89% and Tweedy Browne (Trades, Portfolio) with 0.16%.
Disclosure: I do not own any stocks mentioned in this article.
