NWQ Managers (Trades, Portfolio) is a value-oriented money management firm. It invested in the following stocks in both the third and fourth quarters.
Apartment Investment & Management Co. (AIV, Financial)
The firm increased its position by 18.51% in the third quarter and added 13.49% in the fourth quarter.
With a market cap of $6.03 billion, the real estate investment trust's revenue has declined 3.60% over the past five years.
Jim Simons (Trades, Portfolio) is the company's largest shareholder among the gurus with 3.41% of outstanding shares, followed by NWQ Managers (Trades, Portfolio) with 0.13%, Manning & Napier Advisors with 0.12% and Pioneer Investments (Trades, Portfolio) with 0.08%.
MGM Growth Properties LLC Class A (MGP, Financial)
During the third quarter, the firm boosted its holding by 6.07% and then increased it 19.95% in the fourth quarter.
The company, which owns, acquires and leases casino resort properties, has a market cap of $6.67 billion. Its revenue of $756.70 million has not changed over the past five years.
The company's largest guru shareholder is Ron Baron (Trades, Portfolio) with 0.36% of outstanding shares, followed by Simons with 0.17%.
B. Riley Financial Inc. (RILY, Financial)
The firm added 70.45% to its position in the third quarter and added another 42.41% in the fourth quarter.
The financial services company has a market cap of $500.24 million. Its revenue has decreased 35.40% over the past five years.
Paul Singer (Trades, Portfolio) is the largest guru shareholder of the company with 8.71% of outstanding shares, followed by NWQ Managers with 3.82%, Chuck Royce (Trades, Portfolio) with 1.99% and Simons with 0.14%.
AstraZeneca PLC ADR (AZN, Financial)
In the third quarter, the firm increased its holding 16.70% and then added another 3.05% in the fourth quarter.
The pharmaceutical company has a market cap of $85.14 billion. Its revenue has grown 0.70% over the past five years.
The company's largest shareholder among the gurus is Dodge & Cox with 2.23% of outstanding shares, PRIMECAP Management (Trades, Portfolio) with 1.82%, Ken Fisher (Trades, Portfolio) with 0.47% and Pioneer Investments with 0.05%.
Reliance Steel & Aluminum Co. (RS, Financial)
In the third quarter, NWQ increased its position 46.98% and boosted it by 44.59% in the fourth quarter.
With a market cap of $6.74 billion, the company provides metal processing and inventory management services. Its revenue has increased 2.20% over the past five years.
With 1.34% of outstanding shares, Royce is the company's largest guru shareholder, followed by Pioneer Investments with 0.54%, Third Avenue Management (Trades, Portfolio) with 0.5% and Martin Whitman (Trades, Portfolio) with 0.45%.
Enterprise Products Partners LP (EPD, Financial)
NWQ increased its stake by 30.75% in the third quarter and added 8.25% in the fourth quarter.
With a market cap of $55.48 billion, the company transports and processes natural gas, crude oil, refined products and petrochemicals. Its revenue has declined 15.70% over the past five years.
Another notable guru shareholder of the company is T Boone Pickens (Trades, Portfolio) with 0.02% of outstanding shares.
Gilead Sciences Inc. (GILD, Financial)
In the third quarter, the firm boosted its holding 902.85% and added another 5.58% in the fourth quarter.
The biopharmaceutical company has a market cap of $105.11 billion. Its revenue has grown 40% over the past five years.
Dodge & Cox is the company's largest shareholder among the gurus with 1.18% of outstanding shares, followed by Simons with 0.58% and the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.26%.
Delta Air Lines Inc. (DAL, Financial)
The firm increased its stake by 18.86% in the third quarter and added another 14.84% in the fourth quarter.
The airline has a market cap of $37.9 billion. Its revenue has increased 5.80% over the past five years.
Warren Buffett (Trades, Portfolio) is the company's largest guru shareholder with 7.45% of outstanding shares, followed by PRIMECAP Management with 3.94% and the T Rowe Price Equity Income Fund with 0.24%.
PDC Energy Inc. (PDCE, Financial)
In the third quarter, the firm added 59.52% to its position and added another 77.85% in the fourth quarter.
With a market cap of $3.55 billion, the company produces crude oil, natural gas and NGLs. Its revenue has declined 3.80% over the past five years.
With 7.25% of outstanding shares, Sarah Ketterer (Trades, Portfolio) is the company's largest guru shareholder, followed by NWQ Managers with 2.52% and Columbia Wanger (Trades, Portfolio) with 0.23%.
Disclosure: I do not own any stocks mentioned in this article.
