Mason Hawkins (Trades, Portfolio) is the chief executive officer and founder of Southeastern Asset Management. His firm sold shares of the following stocks during the fourth quarter.
The firm reduced its Wynn Resorts Ltd (WYNN, Financial) position by 50.02%, impacting the portfolio by -4.58%.
The casino resorts operator has a market cap of $17.1 billion and an enterprise value of $24.25 billion. It integrates hotel accommodations and a range of amenities.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. Its return on equity (ROE) of 441.38% and return assets (ROA) of 6.33% are outperforming 75% of companies in the Global Resorts and Casinos industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.03 is below the industry median of 0.52.
Hawkins is the largest shareholder of the company among the gurus with 2.49% of outstanding shares followed by Steve Mandel (Trades, Portfolio) with 1.24% and Lee Ainslie (Trades, Portfolio) with 0.84%.
The holding of T. Rowe Price Group Inc. (TROW, Financial) was almost closed after a reduction of 99.51%. The trade had an impact of -3.99% on the portfolio.
The financial services holding company has a market cap of $26.88 billion and an enterprise value of $24.97 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. Its ROE of 27.59% and ROA of 22.06% are outperforming 92% of companies in the Global Asset Management industry. Its financial strength is rated 9 out of 10 with no debts.
The largest shareholder of the company among the gurus is Pioneer Investments (Trades, Portfolio) with 0.4% of outstanding shares followed by Ron Baron (Trades, Portfolio) with 0.15%, John Rogers (Trades, Portfolio) with 0.14% and Tom Gayner (Trades, Portfolio) with 0.13%.
The Alphabet Inc. Class C (GOOG, Financial) position was trimmed by 23.69%. The transaction had an impact of -1.97% on the portfolio.
The provider of internet content products and portals has a market cap of $773.54 billion and an enterprise value of $675.64 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its ROE of 8.53% and ROA of 6.99% are outperforming 56% of companies in the Global Internet Content and Information industry. Its financial strength is rated 8 out of 10. The cash-debt ratio of 25.67 is above the industry median of 13.87.
Dodge & Cox is the largest shareholder of the company among the gurus with 0.46% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 0.33% and Chris Davis (Trades, Portfolio) with 0.17%.
The holding of Deltic Timber Corp. (DEL, Financial) was closed, impacting the portfolio by -1.94%.
The natural resources company has a market cap of $1.14 billion and an enterprise value of $1.36 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its ROE of 2.56% and ROA of 1.17% are underperforming 63% of companies in the Global Lumber and Wood Production industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.04 is below the industry median of 0.27.
The largest shareholder of the company among the gurus is Hawkins with 4.38% of outstanding shares followed by NWQ Managers (Trades, Portfolio) with 2.27% and Jim Simons (Trades, Portfolio) with 1.14%.
The firm also sold 15.27% of its shares in FedEx Corp. (FDX, Financial). The trade had an impact of -1.62% on the portfolio.
The world's largest express courier delivery firm has a market cap of $65.18 billion and an enterprise value of $77.85 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of 18.56% and ROA of 6.12% are outperforming 77% of companies in the Global Integrated Shipping and Logistics industry. Its financial strength is rated 6 out of 10. Its cash-debt ratio of 0.18 is below the industry median of 0.32.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 5.78% of outstanding shares followed by Dodge & Cox with 3.99%, Hawkins with 1.24% and Bill Gates (Trades, Portfolio) with 1.13%.
The United Technologies Corp. (UTX, Financial) holding was reduced by 11.09%, impacting the portfolio by -0.75%.
The diversified industrial conglomerate has a market cap of $103.38 billion and an enterprise value of $123.69 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 15.90% and ROA of 4.86% are outperforming 64% of companies in the Global Aerospace and Defense industry. It financial strength is rated 6 out of 10. The cash-debt ratio of 0.33 is below the industry median of 0.50.
The largest guru shareholder is Barrow, Hanley, Mewhinney & Strauss with 1.47% of outstanding shares followed by Davis with 0.95%, Andreas Halvorsen (Trades, Portfolio) with 0.75% and First Pacific Advisors (Trades, Portfolio) with 0.66%.
The holding of Yum China Holdings Inc. (YUMC, Financial) was trimmed by 27.66%. The transaction had an impact of -0.64% on the portfolio.
The restaurant company has a market cap of $15.88 billion and enterprise value of $14.72 billion.
GuruFocus gives the company a profitability and growth rating of 3 out of 10. The ROE of 8.58% and ROA of 5.58% are outperforming 55% of companies in the Global Restaurants industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 45.14 is above the industry median of 0.66.
Simons is another notable shareholder of the company among the gurus with 0.57% of outstanding shares followed by Matthews Pacific Tiger Fund (Trades, Portfolio) with 0.46% and Pioneer Investments (Trades, Portfolio) with 0.08%.
CNH Industrial NV's (CNHI, Financial) position was cut by 22.89%, impacting the portfolio by -0.51%.
The company designs, manufactures and sells agricultural and construction equipment. It has a market cap of $19.63 billion and an enterprise value of $39.75 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the ROE of 6.65% is outperforming the sector, ROA of 0.63% is underperforming 72% of companies in the Global Farm and Construction Equipment industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.21 is below the industry median of 0.54.
The largest guru shareholder is HOTCHKIS & WILEY with 2.27% of outstanding shares followed by Hawkins with 0.87% and Mario Gabelli (Trades, Portfolio) with 0.78%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
