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Hedge Fund Viking Global Buys Citigroup Inc., Cigna Corp., Aon Corp., Sells American Tower Corp., Molson Coors Brewing Company, Mckesson Corp.

While a lot of mutual funds and hedge funds alike suffered huge losses in 2008, Viking Global Investors, managed by Andreas Halvorsen eke out a tiny gain. This is his Q3 portfolio update.

Andreas Halvorsen seems to be good at market timing, or he can sense risks and opportunities. In late 2007, he reduced leverage and exposure to the stock market. At the beginning of 2009, he started a long only fund. Like Blue Ridge’s John Griffin, Lone Pine’s Steve Mandel, and Maverick Capital’s Lee Ainslee, Andreas Halvorsen was a Tiger cub, learned from the legendary Julian Robertson.

Andreas Halvorsen’s Viking Global Investors LP. owns 54 stocks with a total value of $7.8 billion. These are the details of the buys and sells.

For the details of Andreas Halvorsen's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Andreas+Halvorsen

This is the sector weightings of his portfolio:

Financials 45.4%
Consumer Services 14.6%
Industrials 14.1%
Health Care 12.1%
Technology 5.8%
Utilities 2.8%
Oil & Gas 2.1%
Consumer Goods 1.8%
Telecommunications 1.5%



These are the top 5 holdings of Andreas Halvorsen

  1. VISA INC. (V) - 12,619,900 shares, 11.13% of the total portfolio
  2. INVESCO LTDSHS (IVZ) - 28,270,100 shares, 8.21% of the total portfolio
  3. JPMorgan Chase & Co. (JPM) - 10,418,300 shares, 5.83% of the total portfolio
  4. Franklin Resources Inc. (BEN) - 3,951,600 shares, 5.08% of the total portfolio
  5. Express Scripts Inc. (ESRX) - 4,795,323 shares, 4.75% of the total portfolio

 

Added: Visa Inc. (V)

Andreas Halvorsen added to his holdings in Visa Inc. by 92.5%. His purchase prices were between $59.49 and $74.41, with an estimated average price of $67.99. The impact to his portfolio due to this purchase was 5.35%. His holdings were 12,619,900 shares as of 09/30/2009.

VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities. Visa Inc. has a market cap of $68.01 billion; its shares were traded at around $80.39 with a P/E ratio of 27.4 and P/S ratio of 9.8. The dividend yield of Visa Inc. stocks is 0.6%.

Added: Csx Corp. ( CSX)

Andreas Halvorsen added to his holdings in Csx Corp. by 515.67%. His purchase prices were between $31.25 and $48.17, with an estimated average price of $41.53. The impact to his portfolio due to this purchase was 3.33%. His holdings were 7,443,500 shares as of 09/30/2009.

CSX Corporation's unique combination of rail, container-shipping, intermodal and logistics services provides global reach that's second to none. The company's goal, advanced at each of its business units, is to provide efficient, competitive transportation and related services for customers. Csx Corp. has a market cap of $19.61 billion; its shares were traded at around $50 with a P/E ratio of 16.7 and P/S ratio of 1.7. The dividend yield of Csx Corp. stocks is 1.8%. Csx Corp. had an annual average earning growth of 12.8% over the past 10 years.

Added: Franklin Resources Inc. ( BEN)

Andreas Halvorsen added to his holdings in Franklin Resources Inc. by 114.26%. His purchase prices were between $66.08 and $103.46, with an estimated average price of $88.21. The impact to his portfolio due to this purchase was 2.71%. His holdings were 3,951,600 shares as of 09/30/2009.

Franklin Resources provides investment advisory and related services to retail mutual funds, institutional and private accounts, and other investment products globally. Related services include transfer agency, fund administration, custodial, trustee and fiduciary services. The mutual funds and other products that it advise are sold to the public under three brand names: Franklin, Templeton, and Mutual Series. Franklin Resources Inc. has a market cap of $26.64 billion; its shares were traded at around $115.64 with a P/E ratio of 29.8 and P/S ratio of 6.4. The dividend yield of Franklin Resources Inc. stocks is 0.7%. Franklin Resources Inc. had an annual average earning growth of 12.4% over the past 10 years.

Added: Apollo Group Inc. ( APOL)

Andreas Halvorsen added to his holdings in Apollo Group Inc. by 141.84%. His purchase prices were between $63.63 and $74.74, with an estimated average price of $67.31. The impact to his portfolio due to this purchase was 2.35%. His holdings were 4,259,563 shares as of 09/30/2009.

Apollo Group, Inc. has been providing higher education to working adults for over 25 years. They operate through their subsidiaries, the University of Phoenix, Inc., the Institute for Professional Development, the College for Financial Planning Institutes Corporation, Western International University, Inc., and Apollo Learning Group, Inc. Apollo Group Inc. has a market cap of $8.68 billion; its shares were traded at around $56.23 with a P/E ratio of 13.4 and P/S ratio of 2.2. Apollo Group Inc. had an annual average earning growth of 29.1% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.

Added: Goodrich Corp. (GR)

Andreas Halvorsen added to his holdings in Goodrich Corp. by 253.93%. His purchase prices were between $48.66 and $57.16, with an estimated average price of $53.73. The impact to his portfolio due to this purchase was 1.92%. His holdings were 3,858,571 shares as of 09/30/2009.

B.F. Goodrich Co.'s operations are classified into three business segments: BFGoodrich Aerospace, BFGoodrich Engineered Industrial Products and BFGoodrich Performance Materials. The company's business is conducted on a global basis with manufacturing, service and sales undertaken in various locations throughout the world. Goodrich Corp. has a market cap of $7.52 billion; its shares were traded at around $60.69 with a P/E ratio of 12.2 and P/S ratio of 1.1. The dividend yield of Goodrich Corp. stocks is 1.7%. Goodrich Corp. had an annual average earning growth of 27.8% over the past 5 years.

Added: Jpmorgan Chase & Co. ( JPM)

Andreas Halvorsen added to his holdings in Jpmorgan Chase & Co. by 20.85%. His purchase prices were between $32.34 and $46.47, with an estimated average price of $40.41. The impact to his portfolio due to this purchase was 1.01%. His holdings were 10,418,300 shares as of 09/30/2009.

J.P. Morgan Chase & Co. is a leading global financial services firm. The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services and retail and middle market financial services. A component of the Dow Jones Industrial Average, JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients. Jpmorgan Chase & Co. has a market cap of $170.6 billion; its shares were traded at around $43.38 with a P/E ratio of 40.5 and P/S ratio of 2.5. The dividend yield of Jpmorgan Chase & Co. stocks is 0.5%.

Added: Invesco Ltdshs (IVZ)

Andreas Halvorsen added to his holdings in Invesco Ltdshs by 12.69%. His purchase prices were between $15.72 and $23, with an estimated average price of $19.89. The impact to his portfolio due to this purchase was 0.92%. His holdings were 28,270,100 shares as of 09/30/2009.

Invesco is a leading independent global investment management company, dedicated to helping people worldwide build their financial security. By delivering the combined power of their distinctive worldwide investment management capabilities, including AIM, Atlantic Trust, Invesco, Perpetual, PowerShares, Trimark, and WL Ross, Invesco provides a comprehensive array of enduring investment solutions for retail, institutional and high net worth clients around the world. Invesco Ltdshs has a market cap of $9.97 billion; its shares were traded at around $23.26 with a P/E ratio of 34.6 and P/S ratio of 3.1. The dividend yield of Invesco Ltdshs stocks is 1.7%.

Added: Owens & Minor Inc. ( OMI)

Andreas Halvorsen added to his holdings in Owens & Minor Inc. by 418.05%. His purchase prices were between $42.65 and $45.84, with an estimated average price of $44.2. The impact to his portfolio due to this purchase was 0.79%. His holdings were 1,694,734 shares as of 09/30/2009.

Owens & Minor, Inc. is one of the nation's largest distributors of national name brand medical/surgical supplies. With distribution centers located throughout the United States, the company serves hospitals, integrated healthcare systems and group purchasing organizations. In addition to a diverse product offering, Owens & Minor offers innovative services in supply chain management, logistics and technology, helping customers control healthcare costs and improve inventory management. Owens & Minor Inc. has a market cap of $1.67 billion; its shares were traded at around $39.99 with a P/E ratio of 14.8 and P/S ratio of 0.2. The dividend yield of Owens & Minor Inc. stocks is 2.3%. Owens & Minor Inc. had an annual average earning growth of 3.2% over the past 10 years. GuruFocus rated Owens & Minor Inc. the business predictability rank of 3.5-star.

Added: Xto Energy Inc. ( XTO)

Andreas Halvorsen added to his holdings in Xto Energy Inc. by 119.45%. His purchase prices were between $33.88 and $42.91, with an estimated average price of $39.53. The impact to his portfolio due to this purchase was 0.69%. His holdings were 2,401,400 shares as of 09/30/2009.

XTO Energy Inc. is engaged in the acquisition, development, exploitation and exploration of producing oil and gas properties, and in the production, processing, marketing and transportation of oil and natural gas. The company has grown primarily through acquisitions of proved oil and gas reserves, followed by development and exploitation activities and strategic acquisitions of additional interests in or near such acquired properties. Xto Energy Inc. has a market cap of $24.84 billion; its shares were traded at around $42.82 with a P/E ratio of 12.8 and P/S ratio of 3.2. The dividend yield of Xto Energy Inc. stocks is 1.1%. Xto Energy Inc. had an annual average earning growth of 36.6% over the past 10 years. GuruFocus rated Xto Energy Inc. the business predictability rank of 5-star.

Added: Davita Inc. ( DVA)

Andreas Halvorsen added to his holdings in Davita Inc. by 49.59%. His purchase prices were between $47.78 and $56.48, with an estimated average price of $51.88. The impact to his portfolio due to this purchase was 0.63%. His holdings were 2,609,555 shares as of 09/30/2009.

DaVita Inc. is one of the largest providers of high-quality dialysis and related services for patients suffering from chronic kidney failure, also known as end stage renal disease. The company provides dialysis and ancillary services through a network of outpatient dialysis facilities. Davita Inc. has a market cap of $6.09 billion; its shares were traded at around $58.53 with a P/E ratio of 14.8 and P/S ratio of 1.1. Davita Inc. had an annual average earning growth of 24.1% over the past 10 years. GuruFocus rated Davita Inc. the business predictability rank of 5-star.

Added: Virgin Media Inc. (VMED)

Andreas Halvorsen added to his holdings in Virgin Media Inc. by 56.74%. His purchase prices were between $9.18 and $13.33, with an estimated average price of $11.18. The impact to his portfolio due to this purchase was 0.52%. His holdings were 8,132,857 shares as of 09/30/2009.

Telewest Global is a broadband communications and media group. Virgin Media Inc. has a market cap of $5.47 billion; its shares were traded at around $16.62 with and P/S ratio of 0.9. The dividend yield of Virgin Media Inc. stocks is 1%.

Added: Ralcorp Holdings Inc. ( RAH)

Andreas Halvorsen added to his holdings in Ralcorp Holdings Inc. by 7208.14%. His purchase prices were between $58.33 and $64.63, with an estimated average price of $62.11. The impact to his portfolio due to this purchase was 0.46%. His holdings were 628,500 shares as of 09/30/2009.

Ralcorp Holdings, Inc. is primarily engaged in the manufacturing, distribution and marketing of private label and branded ready-to-eat cereal products and snacks, branded and private label crackers and cookies, and branded baby food and juices. The Company is the successor to, and owns and operates substantially all of, the ready-to-eat cereal and snack business conducted in the Western Hemisphere. The Company is presently comprised of the business segments: Consumer Foods and Resort Operations. Ralcorp Holdings Inc. has a market cap of $3.08 billion; its shares were traded at around $54.36 with a P/E ratio of 12.6 and P/S ratio of 0.8. Ralcorp Holdings Inc. had an annual average earning growth of 16% over the past 10 years. GuruFocus rated Ralcorp Holdings Inc. the business predictability rank of 5-star.

Added: Tyco International Ltd. ( switzerland) ( TYC)

Andreas Halvorsen added to his holdings in Tyco International Ltd. ( switzerland) by 38.13%. His purchase prices were between $25.55 and $34.87, with an estimated average price of $30.72. The impact to his portfolio due to this purchase was 0.4%. His holdings were 3,283,800 shares as of 09/30/2009.

Tyco International Ltd., a diversified manufacturing and service company, is the world's largest manufacturer and servicer of electrical and electronic components and undersea telecommunications systems, the world's largest manufacturer, installer, and provider of fire protection systems and electronic security services, has strong leadership positions in disposable medical products, plastics, and adhesives, and is the largest manufacturer of flow control valves. (press release) Tyco International Ltd. ( switzerland) has a market cap of $17.58 billion; its shares were traded at around $37.08 with a P/E ratio of 15.8 and P/S ratio of 1. The dividend yield of Tyco International Ltd. ( switzerland) stocks is 2.3%.

Added: Cvs Caremark Corp. ( CVS)

Andreas Halvorsen added to his holdings in Cvs Caremark Corp. by 22.33%. His purchase prices were between $30.68 and $37.52, with an estimated average price of $34.56. The impact to his portfolio due to this purchase was 0.33%. His holdings were 3,959,900 shares as of 09/30/2009.

CVS/Caremark is the nation's premier integrated pharmacy services provider, combining one of the nation's leading pharmaceutical services companies with the country's largest pharmacy chain. The company fills or manages more than one billion prescriptions per year, more than any other pharmacy services provider. CVS/Caremark drives value for pharmacy services customers by effectively managing pharmaceutical costs and improving healthcare outcomes through its six thousand two hundred CVS/pharmacy stores; its pharmacy benefit management, mail order and specialty pharmacy division, Caremark Pharmacy Services; its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. Cvs Caremark Corp. has a market cap of $44.29 billion; its shares were traded at around $30.69 with a P/E ratio of 12 and P/S ratio of 0.5. The dividend yield of Cvs Caremark Corp. stocks is 1%. Cvs Caremark Corp. had an annual average earning growth of 10.5% over the past 10 years. GuruFocus rated Cvs Caremark Corp. the business predictability rank of 4-star.

Added: The Sherwinwilliams Company ( SHW)

Andreas Halvorsen added to his holdings in The Sherwinwilliams Company by 85.6%. His purchase prices were between $52.05 and $62.13, with an estimated average price of $58.64. The impact to his portfolio due to this purchase was 0.32%. His holdings were 895,700 shares as of 09/30/2009.

Sherwin-Williams Co. is a manufacturer, distributor and retailer of paint, coatings and related products. It is the one of largest paint companies in the United States and in the world. Well known brands include Sherwin- Williams, Dutch Boy, Pratt & Lambert, Martin-Senour, Thompson's, Minwax and Krylon. (Company Press Release) The Sherwinwilliams Company has a market cap of $7.04 billion; its shares were traded at around $60.54 with a P/E ratio of 15.9 and P/S ratio of 0.9. The dividend yield of The Sherwinwilliams Company stocks is 2.3%. The Sherwinwilliams Company had an annual average earning growth of 9.7% over the past 10 years. GuruFocus rated The Sherwinwilliams Company the business predictability rank of 2.5-star.

New Purchase: Express Scripts Inc. ( ESRX)

Andreas Halvorsen initiated holdings in Express Scripts Inc.. His purchase prices were between $64.72 and $79.29, with an estimated average price of $70.99. The impact to his portfolio due to this purchase was 4.75%. His holdings were 4,795,323 shares as of 09/30/2009.

Express Scripts, Inc. is one of the largest pharmacy benefit management companies in North America. Through facilities in the states and Canada, the company serves thousands of client groups, including managed care organizations, insurance carriers, third-party administrators, employers and union-sponsored benefit plans. Express Scripts Inc. has a market cap of $23.64 billion; its shares were traded at around $86.13 with a P/E ratio of 25.5 and P/S ratio of 1.1. Express Scripts Inc. had an annual average earning growth of 32.8% over the past 10 years. GuruFocus rated Express Scripts Inc. the business predictability rank of 3.5-star.

New Purchase: Cigna Corp. (CI)

Andreas Halvorsen initiated holdings in Cigna Corp.. His purchase prices were between $23.47 and $32.6, with an estimated average price of $28.07. The impact to his portfolio due to this purchase was 2.18%. His holdings were 6,068,200 shares as of 09/30/2009.

CIGNA Corporation is an investor-owned employee benefits organizations in the United States. Its subsidiaries are major providers of health care products and services, group life, accident and disability insurance, retirement products and services and investment management. CIGNA conducts its business through the following operating divisions: Employee Health Care, Life and Disability Benefits; Employee Retirement Benefits and Investment Services; International Life, Health and Employee Benefits; and Other Operations. Cigna Corp. has a market cap of $8.23 billion; its shares were traded at around $30.18 with a P/E ratio of 8.8 and P/S ratio of 0.4. The dividend yield of Cigna Corp. stocks is 0.1%. Cigna Corp. had an annual average earning growth of 21.7% over the past 5 years.

New Purchase: Aon Corp. ( AOC)

Andreas Halvorsen initiated holdings in Aon Corp.. His purchase prices were between $36.59 and $42.85, with an estimated average price of $40.04. The impact to his portfolio due to this purchase was 2.07%. His holdings were 3,987,831 shares as of 09/30/2009.

Aon Corporation is a holding company whose operating subsidiaries carry onbusiness in three distinct segments: insurance brokerage and other services; consulting; and insurance underwriting. The Insurance Brokerage and Other Services segment consists of its retail and reinsurance brokerage operations. The Consulting segment provides consulting services including employee benefits, human resources, and change management. Its Insurance Underwriting segment sells life and accident and health insurance, extended warranty, specialty and other insurance products. Aon Corp. has a market cap of $10.99 billion; its shares were traded at around $40.04 with a P/E ratio of 13.4 and P/S ratio of 1.5. The dividend yield of Aon Corp. stocks is 1.5%. Aon Corp. had an annual average earning growth of 2.6% over the past 10 years.

New Purchase: Flowserve Corp. ( FLS)

Andreas Halvorsen initiated holdings in Flowserve Corp.. His purchase prices were between $61.86 and $100.86, with an estimated average price of $83.29. The impact to his portfolio due to this purchase was 2.05%. His holdings were 1,631,700 shares as of 09/30/2009.

Flowserve Corporation is one of the world's leading providers of industrial flow management services. Operating in 25 countries, with more than 7,000 employees, the company produces highly engineered and modular pumps, precision mechanical seals, smart, specialty, and quarter-turn valves and valve actuators, and a range of related flow managementservices. (Press Release) Flowserve Corp. has a market cap of $5.83 billion; its shares were traded at around $104.27 with a P/E ratio of 13.6 and P/S ratio of 1.3. The dividend yield of Flowserve Corp. stocks is 1%. Flowserve Corp. had an annual average earning growth of 5.2% over the past 10 years. GuruFocus rated Flowserve Corp. the business predictability rank of 3-star.

New Purchase: Amerisourcebergen Corp. (ABC)

Andreas Halvorsen initiated holdings in Amerisourcebergen Corp.. His purchase prices were between $17.72 and $21.98, with an estimated average price of $20.23. The impact to his portfolio due to this purchase was 1.58%. His holdings were 5,515,100 shares as of 09/30/2009.

AmerisourceBergen Corporation is one of the world's largest pharmaceutical services companies serving the United States, Canada and selected global markets. Servicing both pharmaceutical manufacturers and healthcare providers in the pharmaceutical supply channel, the Company provides drug distribution and related services designed to reduce costs and improve patient outcomes. AmerisourceBergen's service solutions range from pharmacy automation and pharmaceutical packaging to pharmacy services for skilled nursing and assisted living facilities, reimbursement and pharmaceutical consulting services, and physician education. Amerisourcebergen Corp. has a market cap of $7.27 billion; its shares were traded at around $24.47 with a P/E ratio of 14.4 and P/S ratio of 0.1. The dividend yield of Amerisourcebergen Corp. stocks is 1%. Amerisourcebergen Corp. had an annual average earning growth of 13% over the past 10 years. GuruFocus rated Amerisourcebergen Corp. the business predictability rank of 3.5-star.

New Purchase: Citigroup Inc. (C)

Andreas Halvorsen initiated holdings in Citigroup Inc.. His purchase prices were between $2.59 and $5.23, with an estimated average price of $3.85. The impact to his portfolio due to this purchase was 1.4%. His holdings were 22,581,000 shares as of 09/30/2009.

Citigroup Inc., the leading global financial services company, has some two hundred million customer accounts and does business in more than hundred countries, providing consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, and Banamex. Citigroup Inc. has a market cap of $98.09 billion; its shares were traded at around $4.29 with and P/S ratio of 1.8. Citigroup Inc. had an annual average earning growth of 5.1% over the past 10 years.

New Purchase: Hewlettpackard Company (HPQ)

Andreas Halvorsen initiated holdings in Hewlettpackard Company. His purchase prices were between $36.84 and $47.88, with an estimated average price of $43.11. The impact to his portfolio due to this purchase was 1.04%. His holdings were 1,729,500 shares as of 09/30/2009.

Hewlett Packard is one of the leading global providers of computing and imaging solutions and services for business and home. The company is focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services. Its major businesses include Imaging and Printing Systems, Computing Systems and Information Technology Services Hewlettpackard Company has a market cap of $119.69 billion; its shares were traded at around $50.48 with a P/E ratio of 13.5 and P/S ratio of 1. The dividend yield of Hewlettpackard Company stocks is 0.6%. Hewlettpackard Company had an annual average earning growth of 25.8% over the past 5 years.

New Purchase: Pepsico Inc. ( PEP)

Andreas Halvorsen initiated holdings in Pepsico Inc.. His purchase prices were between $54.68 and $59.86, with an estimated average price of $57.14. The impact to his portfolio due to this purchase was 1.02%. His holdings were 1,358,900 shares as of 09/30/2009.

PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. PepsiCo brands are among the best known and most respected in the world and are available in countries and territories throughout the world. PepsiCo's success is the result of superior products, high standards of performance, distinctive competitive strategies and the high integrity of its people. Pepsico Inc. has a market cap of $97.06 billion; its shares were traded at around $62.3 with a P/E ratio of 16.8 and P/S ratio of 2.2. The dividend yield of Pepsico Inc. stocks is 2.9%. Pepsico Inc. had an annual average earning growth of 8.4% over the past 10 years. GuruFocus rated Pepsico Inc. the business predictability rank of 2.5-star.

New Purchase: Autodesk Inc. ( ADSK)

Andreas Halvorsen initiated holdings in Autodesk Inc.. His purchase prices were between $17.01 and $25.38, with an estimated average price of $22.25. The impact to his portfolio due to this purchase was 0.95%. His holdings were 3,121,538 shares as of 09/30/2009.

Autodesk is one of the world's leading design software and digital content companies for architectural design and land development, manufacturing, utilities, telecommunications, and media and entertainment. Autodesk provides design software, Internet portal services, wireless development platforms, and point-of-location applications that empower customers in numerous countries to drive business and remain competitive. (Company Press Release) Autodesk Inc. has a market cap of $5.56 billion; its shares were traded at around $24.2 with a P/E ratio of 29.9 and P/S ratio of 2.4. Autodesk Inc. had an annual average earning growth of 14.7% over the past 10 years.

New Purchase: Halliburton Company ( HAL)

Andreas Halvorsen initiated holdings in Halliburton Company. His purchase prices were between $18.72 and $28.32, with an estimated average price of $23.42. The impact to his portfolio due to this purchase was 0.74%. His holdings were 2,129,600 shares as of 09/30/2009.

Halliburton Company provides a variety of services, equipment, maintenance, and engineering and construction to energy, industrial and governmental customers. The company is made up of the following three business segments: Energy Services Group, Engineering and Construction Group, and Dresser Equipment Group. Halliburton Company has a market cap of $28.58 billion; its shares were traded at around $31.69 with a P/E ratio of 16.8 and P/S ratio of 1.6. The dividend yield of Halliburton Company stocks is 1.1%. Halliburton Company had an annual average earning growth of 58.3% over the past 5 years.

New Purchase: Renaissancere Holdings Ltd. ( RNR)

Andreas Halvorsen initiated holdings in Renaissancere Holdings Ltd.. His purchase prices were between $46.26 and $55.86, with an estimated average price of $51.61. The impact to his portfolio due to this purchase was 0.64%. His holdings were 919,100 shares as of 09/30/2009.

RENAISSANCERE Holdings Ltd. provides reinsurance and insurance coverage where the risk of natural catastrophe represents a significant component of the overall exposure. You'll find information on our web-site about Renaissance Re as well as all of our other subsidiary companies and the nature of their businesses. Renaissancere Holdings Ltd. has a market cap of $3.38 billion; its shares were traded at around $54.31 with a P/E ratio of 5.5 and P/S ratio of 2.8. The dividend yield of Renaissancere Holdings Ltd. stocks is 1.8%.

New Purchase: Medco Health Solutions Inc. (MHS)

Andreas Halvorsen initiated holdings in Medco Health Solutions Inc.. His purchase prices were between $45.56 and $56.54, with an estimated average price of $52.65. The impact to his portfolio due to this purchase was 0.58%. His holdings were 827,400 shares as of 09/30/2009.

Medco Health Solutions, Inc. is the nation's largest pharmacy benefit manager, or PBM. They provide sophisticated programs and services for clients and the members of their pharmacy benefit plans, as well as for the physicians and pharmacies the members use. Their programs and services help clients control the cost and enhance the quality of the prescription drug benefits they offer to their members. Medco Health Solutions Inc. has a market cap of $29.36 billion; its shares were traded at around $61.98 with a P/E ratio of 23.3 and P/S ratio of 0.6. Medco Health Solutions Inc. had an annual average earning growth of 18.8% over the past 5 years.

New Purchase: Rovi Corp. (ROVI)

Andreas Halvorsen initiated holdings in Rovi Corp.. His purchase prices were between $24.99 and $33.46, with an estimated average price of $29.18. The impact to his portfolio due to this purchase was 0.58%. His holdings were 1,360,463 shares as of 09/30/2009.

Rovi Corp, formerly Macrovision Solutions Corporation, provides a set of solutions that enable businesses to protect, enable and distribute their digital goods to consumers and allows consumers the ability to discover and manage digital media across multiple channels. The company is focused on revolutionizing the digital entertainment landscape by delivering solutions that enable consumers to intuitively discover new entertainment from many sources and locations. It also provides extensive entertainment discovery solutions for television, movies, music and photos to its customers in the consumer electronics, cable and satellite, entertainment and online distribution markets. Rovi Corporation is headquartered in Santa Clara, California, with numerous offices across the United States and around the world including Japan, Hong Kong, Luxembourg, and the United Kingdom. Rovi Corp. has a market cap of $3.11 billion; its shares were traded at around $30.54 with a P/E ratio of 27.3 and P/S ratio of 9.5.

New Purchase: Ingersollrand Company Ltd. (IR)

Andreas Halvorsen initiated holdings in Ingersollrand Company Ltd.. His purchase prices were between $19.76 and $32.37, with an estimated average price of $27.92. The impact to his portfolio due to this purchase was 0.55%. His holdings were 1,394,700 shares as of 09/30/2009.

Ingersoll Rand Company is one of the leading providers of security and safety, climate control, industrial productivity and infrastructure products. In each of these markets, the company offers a diverse productportfolio that includes well-recognized industrial and commercial brands. Ingersollrand Company Ltd. has a market cap of $11.71 billion; its shares were traded at around $36.7 with a P/E ratio of 21.7 and P/S ratio of 0.9. The dividend yield of Ingersollrand Company Ltd. stocks is 0.8%. Ingersollrand Company Ltd. had an annual average earning growth of 4.6% over the past 10 years.

New Purchase: Cbs Corp. (CBS)

Andreas Halvorsen initiated holdings in Cbs Corp.. His purchase prices were between $5.78 and $12.65, with an estimated average price of $9.5. The impact to his portfolio due to this purchase was 0.38%. His holdings were 2,480,800 shares as of 09/30/2009.

CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and UPN), cable television (Showtime), local television (CBS Television Stations), television production and syndication (CBS Paramount Television and King World), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), theme parks (Paramount Parks), digital media (CBS Digital Media Group and CSTV Networks) and consumer products (CBS Consumer Products). Cbs Corp. has a market cap of $9.31 billion; its shares were traded at around $13.73 with a P/E ratio of 24.5 and P/S ratio of 0.7. The dividend yield of Cbs Corp. stocks is 1.5%.

New Purchase: Smithfield Foods Inc. ( SFD)

Andreas Halvorsen initiated holdings in Smithfield Foods Inc.. His purchase prices were between $11.55 and $14.39, with an estimated average price of $13.02. The impact to his portfolio due to this purchase was 0.29%. His holdings were 1,635,012 shares as of 09/30/2009.

Smithfield Foods, Inc. is one of the world's largest pork processors and hog producer. Smithfield Foods conducts its business through two groups, the Meat Processing Group and the Hog Production Group. The Meat Processing Group produces domestically and internationally a wide variety of fresh pork and processed meat products and markets them nationwide and to foreign markets. The company has vertically integrated into hog production through its Hog Production Group, which provides the Meat Processing Group with its live hog requirements. Smithfield Foods Inc. has a market cap of $2.76 billion; its shares were traded at around $16.72 with and P/S ratio of 0.2. Smithfield Foods Inc. had an annual average earning growth of 1.9% over the past 10 years.

New Purchase: St. Jude Medical Inc. ( STJ)

Andreas Halvorsen initiated holdings in St. Jude Medical Inc.. His purchase prices were between $36.08 and $40.04, with an estimated average price of $38.61. The impact to his portfolio due to this purchase was 0.29%. His holdings were 574,200 shares as of 09/30/2009.

St. Jude Medical, Inc. is dedicated to making life better for cardiac, neurological and chronic pain patients worldwide through excellence in medical device technology and services. The Company has five major focus areas that include cardiac rhythm management, atrial fibrillation, cardiac surgery, cardiology and neuromodulation. St. Jude Medical Inc. has a market cap of $12.2 billion; its shares were traded at around $35.06 with a P/E ratio of 14.8 and P/S ratio of 2.8. St. Jude Medical Inc. had an annual average earning growth of 19.5% over the past 10 years. GuruFocus rated St. Jude Medical Inc. the business predictability rank of 4.5-star.

New Purchase: Hospitality Properties Trust ( HPT)

Andreas Halvorsen initiated holdings in Hospitality Properties Trust. His purchase prices were between $11.81 and $21.13, with an estimated average price of $16.75. The impact to his portfolio due to this purchase was 0.27%. His holdings were 1,034,000 shares as of 09/30/2009.

Hospitality Properties Trust is a real estate investment trust. The company owns and leases hotels to unaffiliated hotel operators. The company's principal strategy is to expand its investments in hotels and to set minimum rents which produce income in excess of the company's cost of raising capital. The company seeks to provide capital to unaffiliated hotel operators who wish to divest their properties while remaining in the hotel business as tenants and in doing so, ensure stability of cash flow through dependable and diversified revenue sources. Hospitality Properties Trust has a market cap of $2.34 billion; its shares were traded at around $19.18 with a P/E ratio of 4.6 and P/S ratio of 1.9. Hospitality Properties Trust had an annual average earning growth of 3.5% over the past 10 years.

New Purchase: Atlas America Inc. (ATLS)

Andreas Halvorsen initiated holdings in Atlas America Inc.. His purchase prices were between $16.2 and $26.16, with an estimated average price of $21.18. The impact to his portfolio due to this purchase was 0.07%. His holdings were 212,813 shares as of 09/30/2009.

Atlas Energy, Inc. is one of the largest independent natural gas producers in the Appalachian and Michigan Basins and a leading producer in the Marcellus Shale in southwestern Pennsylvania. Atlas Energy, Inc. is also the country's largest sponsor and manager of tax-advantaged energy investment partnerships that finance the exploration and development of Atlas Energy, Inc.'s acreage. Atlas Energy, Inc. also owns 1.1 million common units in Atlas Pipeline Partners, L.P. and a 64% interest in Atlas Pipeline Holdings, L.P., a limited partnership which owns the general partner interest, all the incentive distribution rights and 5.8 million common units of Atlas Pipeline Partners, L.P. Atlas America Inc. has a market cap of $1.07 billion; its shares were traded at around $27.25 with a P/E ratio of 22.1 and P/S ratio of 0.5.

New Purchase: Moduslink Global Solutions, Inc ( MLNK)

Andreas Halvorsen initiated holdings in Moduslink Global Solutions, Inc. His purchase prices were between $6.34 and $8.92, with an estimated average price of $7.36. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 146 shares as of 09/30/2009.

MODUSLINK GLOBAL SOLUTIONS, INC., is a leader in global supply chain business process management. They provide organizations in the high technology, communications and medical industries with a broad and integrated portfolio of business process outsourcing and technology solutions delivered across four core competencies: Supply Chain, e-Business, Aftermarket and Entitlement Management. Moduslink Global Solutions, Inc has a market cap of $373.5 million; its shares were traded at around $8.16 with and P/S ratio of 0.4.

Reduced: Universal Health Services Inc. ( UHS)

Andreas Halvorsen reduced to his holdings in Universal Health Services Inc. by 64.88%. His sale prices were between $48.2 and $62.91, with an estimated average price of $56.85. The impact to his portfolio due to this sale was -0.1%. Andreas Halvorsen still held 192,300 shares as of 09/30/2009.

The principal business of Universal Health Services, Inc. is owning and operating acute care hospitals, behavioral health centers, ambulatory surgery centers, radiation oncology centers and women's centers. Services provided by the Company's hospitals include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology,diagnostic care, coronary care, pediatric services and behavioral healthservices. Universal Health Services Inc. has a market cap of $2.87 billion; its shares were traded at around $58.33 with a P/E ratio of 12.5 and P/S ratio of 0.6. The dividend yield of Universal Health Services Inc. stocks is 0.5%. Universal Health Services Inc. had an annual average earning growth of 11.4% over the past 10 years. GuruFocus rated Universal Health Services Inc. the business predictability rank of 3-star.

Reduced: Terex Corp. ( TEX)

Andreas Halvorsen reduced to his holdings in Terex Corp. by 58.29%. His sale prices were between $10.6 and $20.87, with an estimated average price of $15.6. The impact to his portfolio due to this sale was -0.22%. Andreas Halvorsen still held 1,429,300 shares as of 09/30/2009.

Terex Corp. is a global manufacturer of a broad range of construction and mining related capital equipment. The company strives to manufacture high quality machines which are low cost, simple to use and easy to maintain. The company's principal products include telescopic mobile cranes, aerial work platforms, utility aerial devices, telescopic material handlers, truck mounted mobile cranes, rigid and articulated off-highway trucks and high capacity surface mining trucks, and related components and replacement parts. Terex Corp. has a market cap of $2.38 billion; its shares were traded at around $22.04 with and P/S ratio of 0.2. Terex Corp. had an annual average earning growth of 11.3% over the past 10 years.

Reduced: Lender Processing (LPS)

Andreas Halvorsen reduced to his holdings in Lender Processing by 76.85%. His sale prices were between $26.81 and $38.91, with an estimated average price of $33.16. The impact to his portfolio due to this sale was -0.22%. Andreas Halvorsen still held 595,366 shares as of 09/30/2009.

LENDER PROCESSING SERVICES, INC. is a leading provider of integrated technology and services to the mortgage industry. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, portfolio retention and default, augmented by the company's award- winning customer support and professional services. Approximately fifty percent of all U.S. mortgages are serviced using LPS' Mortgage Servicing Package. In fact, many of the nation's top servicers rely on MSP, including seven of the top ten and sixteen of the top twenty. LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. Lender Processing has a market cap of $3.99 billion; its shares were traded at around $41.5 with a P/E ratio of 14.1 and P/S ratio of 2.1. The dividend yield of Lender Processing stocks is 0.9%.

Reduced: Nrg Energy Inc. ( NRG)

Andreas Halvorsen reduced to his holdings in Nrg Energy Inc. by 21.84%. His sale prices were between $22.08 and $28.95, with an estimated average price of $26.7. The impact to his portfolio due to this sale was -0.42%. Andreas Halvorsen still held 5,392,200 shares as of 09/30/2009.

NRG Energy Inc owns and operates a diverse portfolio of power-generating facilities, primarily in the United States. Its operations include baseload, intermediate, peaking, and cogeneration facilities, thermal energy production and energy resource recovery facilities. Nrg Energy Inc. has a market cap of $6.46 billion; its shares were traded at around $24.35 with a P/E ratio of 7.6 and P/S ratio of 0.9. Nrg Energy Inc. had an annual average earning growth of 25.9% over the past 5 years.

Reduced: Owensillinois Inc. (OI)

Andreas Halvorsen reduced to his holdings in Owensillinois Inc. by 25.63%. His sale prices were between $26.24 and $38.18, with an estimated average price of $33.07. The impact to his portfolio due to this sale was -0.51%. Andreas Halvorsen still held 4,235,464 shares as of 09/30/2009.

Owens-Illinois, Inc. is one of the largest manufacturers of glass containers in North America, South America, Australia, New Zealand, and China, and one of the largest in Europe. Millions of times a day, O-I glass containers, healthcare packaging and specialty closure systems deliver many of the world's best-known consumer products to people all around the world. With leading positions in Europe, North America, Asia Pacific and Latin America, O-I provides consumer-preferred products that enable superior taste, purity, visual appeal and value benefits for our customers' products. Owensillinois Inc. has a market cap of $5.55 billion; its shares were traded at around $32.97 with a P/E ratio of 11.4 and P/S ratio of 0.7. Owensillinois Inc. had an annual average earning growth of 4.5% over the past 5 years. GuruFocus rated Owensillinois Inc. the business predictability rank of 2.5-star.

Reduced: Qualcomm Inc. ( QCOM)

Andreas Halvorsen reduced to his holdings in Qualcomm Inc. by 83.25%. His sale prices were between $43.06 and $48.45, with an estimated average price of $45.9. The impact to his portfolio due to this sale was -0.52%. Andreas Halvorsen still held 1,082,100 shares as of 09/30/2009.

QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. The company's business areas include CDMA integrated circuits and system software; technology licensing; the Binary Runtime Environment for Wireless applications development platform; Eudora e-mail software; digital cinema systems; and satellite-based systems including portions of the Globalstar system and wireless fleet management systems, OmniTRACS and OmniExpress. (Company Press Release) Qualcomm Inc. has a market cap of $75.62 billion; its shares were traded at around $45.49 with a P/E ratio of 29.9 and P/S ratio of 7.3. The dividend yield of Qualcomm Inc. stocks is 1.5%. Qualcomm Inc. had an annual average earning growth of 28.9% over the past 10 years.

Reduced: Priceline.com Inc. ( PCLN)

Andreas Halvorsen reduced to his holdings in Priceline.com Inc. by 66.8%. His sale prices were between $103.75 and $167, with an estimated average price of $140.03. The impact to his portfolio due to this sale was -0.55%. Andreas Halvorsen still held 386,600 shares as of 09/30/2009.

Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a `demand collection system` that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Using a simple and compelling consumer proposition - Name Your Own Price - priceline.com collects consumer demand, in the form of individual customer offers guaranteed by a credit card, for a particular product or service at a price set by the customer. Priceline.com Inc. has a market cap of $8.86 billion; its shares were traded at around $209.68 with a P/E ratio of 29.3 and P/S ratio of 4.7. Priceline.com Inc. had an annual average earning growth of 48.7% over the past 5 years.

Reduced: Ace, Ltd. (new) (ACE)

Andreas Halvorsen reduced to his holdings in Ace, Ltd. (new) by 58.63%. His sale prices were between $41.76 and $53.41, with an estimated average price of $48.77. The impact to his portfolio due to this sale was -0.62%. Andreas Halvorsen still held 1,533,900 shares as of 09/30/2009.

ACE LTD. provides excess liability insurance for bodily injury, property damage, & wrongful advertising. ACE offers excess liability insurance for corporate directors and officers against wrongful acts and claims and satellite insurance for launch and in-orbit operations. Ace, Ltd. (new) has a market cap of $17.13 billion; its shares were traded at around $50.97 with a P/E ratio of 6.3 and P/S ratio of 1.3. The dividend yield of Ace, Ltd. (new) stocks is 2.4%.

Reduced: Goldman Sachs Group Inc. The (GS)

Andreas Halvorsen reduced to his holdings in Goldman Sachs Group Inc. The by 48.2%. His sale prices were between $138.55 and $185.52, with an estimated average price of $163.8. The impact to his portfolio due to this sale was -0.94%. Andreas Halvorsen still held 823,800 shares as of 09/30/2009.

Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. (Company Press Release) Goldman Sachs Group Inc. The has a market cap of $90.44 billion; its shares were traded at around $176.9 with a P/E ratio of 20.5 and P/S ratio of 1.7. The dividend yield of Goldman Sachs Group Inc. The stocks is 0.8%. Goldman Sachs Group Inc. The had an annual average earning growth of 24.5% over the past 10 years.

Reduced: The Walt Disney Company Disney ( DIS)

Andreas Halvorsen reduced to his holdings in The Walt Disney Company Disney by 59.16%. His sale prices were between $22.24 and $28.46, with an estimated average price of $25.93. The impact to his portfolio due to this sale was -0.99%. Andreas Halvorsen still held 4,766,246 shares as of 09/30/2009.

Walt Disney Company owns 100% of Disney Enterprises, Inc. which,together with its subsidiaries, is a diversified worldwide entertainmentcompany with operations in five business segments: Media Networks, StudioEntertainment, Theme Parks and Resorts, Consumer Products and Internet andDirect Marketing. The Walt Disney Company Disney has a market cap of $57 billion; its shares were traded at around $30.67 with a P/E ratio of 16.9 and P/S ratio of 1.6. The dividend yield of The Walt Disney Company Disney stocks is 1.1%. The Walt Disney Company Disney had an annual average earning growth of 4.4% over the past 10 years.

Reduced: Bank Of America Corp. ( BAC)

Andreas Halvorsen reduced to his holdings in Bank Of America Corp. by 45.54%. His sale prices were between $11.84 and $17.98, with an estimated average price of $15.51. The impact to his portfolio due to this sale was -1.1%. Andreas Halvorsen still held 11,197,100 shares as of 09/30/2009.

Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose. Bank Of America Corp. has a market cap of $141.45 billion; its shares were traded at around $16.35 with a P/E ratio of 109 and P/S ratio of 2. The dividend yield of Bank Of America Corp. stocks is 0.3%. Bank Of America Corp. had an annual average earning growth of 7.5% over the past 10 years.

Reduced: Google Inc. (GOOG)

Andreas Halvorsen reduced to his holdings in Google Inc. by 44.65%. His sale prices were between $396.63 and $499.06, with an estimated average price of $453.84. The impact to his portfolio due to this sale was -1.14%. Andreas Halvorsen still held 402,100 shares as of 09/30/2009.

Google is a public and profitable company focused on search services. Named for the mathematical term `googol`, Google operates web sites at many international domains, with the most trafficked being www.google.com. Google is widely recognized as the `World's Best Search Engine` and is fast, accurate and easy to use. The company also serves corporate clients, including advertisers, content publishers and site managers with cost-effective advertising and a wide range of revenue generating search services. Google's breakthrough technology and continued innovation serve the company's mission of `organizing the world's information and making it universally accessible and useful.` Google Inc. has a market cap of $182.55 billion; its shares were traded at around $576.65 with a P/E ratio of 29.9 and P/S ratio of 8.4.

Reduced: Directv Group Inc. The (DTV)

Andreas Halvorsen reduced to his holdings in Directv Group Inc. The by 38.68%. His sale prices were between $22.92 and $27.51, with an estimated average price of $25.11. The impact to his portfolio due to this sale was -1.29%. Andreas Halvorsen still held 9,448,000 shares as of 09/30/2009.

The DIRECTV Group, Inc. is a world-leading provider of digital multichannel television entertainment, broadband satellite networks and services, and global video and data broadcasting. Directv Group Inc. The has a market cap of $30.33 billion; its shares were traded at around $31.04 with a P/E ratio of 24.3 and P/S ratio of 1.5. Directv Group Inc. The had an annual average earning growth of 12.7% over the past 10 years.

Reduced: Mastercard Inc. (MA)

Andreas Halvorsen reduced to his holdings in Mastercard Inc. by 44.8%. His sale prices were between $160.56 and $224.58, with an estimated average price of $196.21. The impact to his portfolio due to this sale was -1.59%. Andreas Halvorsen still held 1,371,900 shares as of 09/30/2009.

MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions and provides industry-leading analysis and consulting services to financial institution customers and merchants. Its family of brands include MasterCard, Maestro and Cirrus. Mastercard Inc. has a market cap of $29.4 billion; its shares were traded at around $227.28 with a P/E ratio of 21 and P/S ratio of 5.3. The dividend yield of Mastercard Inc. stocks is 0.3%.

Sold Out: Popular Inc. ( BPOP)

Andreas Halvorsen sold out his holdings in Popular Inc.. His sale prices were between $1.04 and $2.83, with an estimated average price of $1.76.

Popular, Inc. is a diversified, publicly owned bank holding company. The corporation's principal subsidiary, Banco Popular de Puerto Rico, has one of the largest retail franchise in Puerto Rico, operating numerous branches and automated teller machines. The Bank also operates branches in the U.S. Virgin Islands, the British Virgin Islands, and New York. Popular Inc. has a market cap of $688.1 million; its shares were traded at around $2.44 with and P/S ratio of 0.2. Popular Inc. had an annual average earning growth of 24.1% over the past 10 years. GuruFocus rated Popular Inc. the business predictability rank of 2-star.

Sold Out: Cocacola Enterprises Inc. ( CCE)

Andreas Halvorsen sold out his holdings in Cocacola Enterprises Inc.. His sale prices were between $16.49 and $21.15, with an estimated average price of $19.28.

Coca-Cola Enterprises is the world's largest marketer, distributor, and producer of bottle and can liquid nonalcoholic refreshment. Coca-Cola Enterprises sells a good portion of The Coca-Cola Company's bottle and can volume in North America and is the sole licensed bottler for products of The Coca-Cola Company in Belgium, continental France, Great Britain, Luxembourg, Monaco, and the Netherlands. (Company Press Release) Cocacola Enterprises Inc. has a market cap of $10.06 billion; its shares were traded at around $20.62 with a P/E ratio of 12.9 and P/S ratio of 0.5. The dividend yield of Cocacola Enterprises Inc. stocks is 1.5%. Cocacola Enterprises Inc. had an annual average earning growth of 5.7% over the past 10 years.

Sold Out: Thermo Fisher Scientific Inc. ( TMO)

Andreas Halvorsen sold out his holdings in Thermo Fisher Scientific Inc.. His sale prices were between $38.06 and $47.59, with an estimated average price of $43.95.

Thermo Fisher Scientific is the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. Serving customers through two premier brands, Thermo Scientific and Fisher Scientific, we help solve analytical challenges from routine testing to complex research and discovery. Thermo Scientific offers customers a complete range of high-end analytical instruments as well as laboratory equipment, software, services, consumables and reagents to enable integrated laboratory workflow solutions. Fisher Scientific provides a complete portfolio of laboratory equipment, chemicals, supplies and services used in healthcare, scientific research, safety and education. Thermo Fisher Scientific Inc. has a market cap of $18.97 billion; its shares were traded at around $46.48 with a P/E ratio of 15.4 and P/S ratio of 1.8. Thermo Fisher Scientific Inc. had an annual average earning growth of 2.3% over the past 5 years.

Sold Out: Career Education Corp. ( CECO)

Andreas Halvorsen sold out his holdings in Career Education Corp.. His sale prices were between $20.45 and $25.6, with an estimated average price of $23.22.

Career Education Corporation is a provider of private, for-profit post-secondary education with campuses throughout the United States and Canada, the United Kingdom and the United Arab Emirates. Their schools enjoy long operating histories and offer a variety of master's degree, bachelor's degree, associate degree, and diploma programs in career-oriented disciplines. They offer educational programs principally in the following four career-related fields of study, Visual Communication and Design Technologies, Information Technology, Business Studies, and Culinary Arts. Career Education Corp. has a market cap of $2.19 billion; its shares were traded at around $25.77 with a P/E ratio of 19.5 and P/S ratio of 1.3.

Sold Out: American Tower Corp. ( AMT)

Andreas Halvorsen sold out his holdings in American Tower Corp.. His sale prices were between $30.1 and $37.63, with an estimated average price of $33.29.

American Tower Corporation is a wireless communications and broadcast infrastructure company with three operating segments. The company operates a leading network of communications towers and is the largest independent operator of broadcast towers in North America. The company provides comprehensive network development services for wireless service providers and broadcasters. The company also operates a leading teleport business, which transmits Internet, voice, data and video communications worldwide. American Tower Corp. has a market cap of $16.16 billion; its shares were traded at around $40.94 with a P/E ratio of 64 and P/S ratio of 10.2. American Tower Corp. had an annual average earning growth of 18.6% over the past 10 years.

Sold Out: Mckesson Corp. ( MCK)

Andreas Halvorsen sold out his holdings in Mckesson Corp.. His sale prices were between $43.19 and $59.33, with an estimated average price of $52.53.

McKesson Corporation, the world's largest health care service and technology company, delivers unique supply and information management solutions that reduce costs and improve quality for its health care customers. The Company is organized under two operating segments: Health Care Supply Management and Health Care Information Technology. Mckesson Corp. has a market cap of $16.95 billion; its shares were traded at around $63.69 with a P/E ratio of 14.5 and P/S ratio of 0.2. The dividend yield of Mckesson Corp. stocks is 0.7%. Mckesson Corp. had an annual average earning growth of 15.1% over the past 10 years. GuruFocus rated Mckesson Corp. the business predictability rank of 2-star.

Sold Out: Colgatepalmolive Company (CL)

Andreas Halvorsen sold out his holdings in Colgatepalmolive Company. His sale prices were between $71.02 and $76.55, with an estimated average price of $73.3.

Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgate sells its products in countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, Ajax, Axion, Soupline, Suavitel and Fab, as well as Hill's Science Diet and Hill's Prescription Diet pet foods. (Company Press Release) Colgatepalmolive Company has a market cap of $42.8 billion; its shares were traded at around $85.87 with a P/E ratio of 20.7 and P/S ratio of 2.8. The dividend yield of Colgatepalmolive Company stocks is 2%. Colgatepalmolive Company had an annual average earning growth of 8.5% over the past 10 years. GuruFocus rated Colgatepalmolive Company the business predictability rank of 3.5-star.

Sold Out: Covidien Ltd. (COV)

Andreas Halvorsen sold out his holdings in Covidien Ltd.. His sale prices were between $35.35 and $42.87, with an estimated average price of $38.67.

Covidien PLC, formerly Covidien Ltd, is engaged in the development, manufacture and sale of healthcare products for use in clinical and home settings. It operates its business through four segments: Medical Devices, Imaging Solutions, Pharmaceutical Products and Medical Supplies. The Medical Devices segment includes the development, manufacture and sale of endomechanical, soft tissue repair, energy, oximetry and monitoring, airway and ventilation, vascular, SharpSafety and clinical care products; Imaging Solutions, which includes the development, manufacture and marketing of radiopharmaceuticals and contrast products; Pharmaceutical Products, which includes the development, manufacture and distribution of dosage pharmaceuticals and active pharmaceutical ingredients, and Medical Supplies, which includes the development, manufacture and sale of nursing care products, medical surgical products and original equipment manufacturer products. Covidien Ltd. has a market cap of $22.55 billion; its shares were traded at around $44.88 with a P/E ratio of 15.4 and P/S ratio of 2.3. The dividend yield of Covidien Ltd. stocks is 1.6%.

Sold Out: Cognizant Technology Solutions Corp. ( CTSH)

Andreas Halvorsen sold out his holdings in Cognizant Technology Solutions Corp.. His sale prices were between $25.47 and $39.32, with an estimated average price of $33.09.

Cognizant Technology Solutions delivers high-quality, cost-effective, full life cycle solutions to complex software development and maintenance problems that companies face as they transition to e-business. These services are delivered through the use of a seamless on-site and offshore consulting project team. The company's solutions include application development and integration, application management, re-engineering, and mass change services. Cognizant Technology Solutions Corp. has a market cap of $13.36 billion; its shares were traded at around $45.56 with a P/E ratio of 27.1 and P/S ratio of 4.7. Cognizant Technology Solutions Corp. had an annual average earning growth of 43.3% over the past 10 years. GuruFocus rated Cognizant Technology Solutions Corp. the business predictability rank of 5-star.

Sold Out: Community Health Systems Inc. ( CYH)

Andreas Halvorsen sold out his holdings in Community Health Systems Inc.. His sale prices were between $24.98 and $34.48, with an estimated average price of $29.95.

Community Health Systems, Inc. is a leading provider of non-urban acute healthcare services. Their facilities, together with their medical staffs, provide a wide range of inpatient and outpatient acute care services and a variety of specialty services. Community Health Systems Inc. has a market cap of $2.99 billion; its shares were traded at around $32.24 with a P/E ratio of 12.7 and P/S ratio of 0.3. Community Health Systems Inc. had an annual average earning growth of 14.2% over the past 5 years.

Sold Out: Fifth Third Bancorp ( FITB)

Andreas Halvorsen sold out his holdings in Fifth Third Bancorp. His sale prices were between $6.54 and $10.94, with an estimated average price of $9.27.

Fifth Third Bancorp is a registered financial holding company and a multi-bank holding company. They engage primarily in commercial, retail and trust banking, data processing services, investment advisory services and leasing activities. In addition, the company provides credit life,accident, health and mortgage insurance, discount brokerage services andproperty management for its properties. Fifth Third Bancorp has a market cap of $8.08 billion; its shares were traded at around $10.16 with and P/S ratio of 0.9. The dividend yield of Fifth Third Bancorp stocks is 0.4%. Fifth Third Bancorp had an annual average earning growth of 8% over the past 10 years.

Sold Out: Health Management Associates Inc. ( HMA)

Andreas Halvorsen sold out his holdings in Health Management Associates Inc.. His sale prices were between $4.8 and $7.93, with an estimated average price of $6.36.

Health Management Associates, Inc. provides a broad range of general acute care health services in non-urban communities. The Company pursues a business strategy of efficiently and profitably operating its existing base of facilities and selectively acquiring additional 100 to 300 bed acute care hospitals located in non-urban communities in market areas of 40,000 to 300,000 people in the southeastern and southwestern UnitedStates. Health Management Associates Inc. has a market cap of $1.59 billion; its shares were traded at around $6.45 with a P/E ratio of 14.3 and P/S ratio of 0.4. Health Management Associates Inc. had an annual average earning growth of 25.2% over the past 10 years. GuruFocus rated Health Management Associates Inc. the business predictability rank of 3.5-star.

Sold Out: Molson Coors Brewing Company (TAP)

Andreas Halvorsen sold out his holdings in Molson Coors Brewing Company. His sale prices were between $41.86 and $49.7, with an estimated average price of $45.98.

Molson Coors Brewing Company is world's fifth-largest global brewer. Molson Coors Brewing Company has 15,000 employees worldwide, 18 breweries, and a broad portfolio of over 40 brands, including Molson Canadian, Coors Light and Carling. Molson Coors Brewing Company has a market cap of $7.4 billion; its shares were traded at around $46.03 with a P/E ratio of 13.7 and P/S ratio of 1.1. The dividend yield of Molson Coors Brewing Company stocks is 2.1%. Molson Coors Brewing Company had an annual average earning growth of 12.9% over the past 10 years.

Rating: 3.8/5 (11 votes)

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