Daniel Loeb (Trades, Portfolio), the founder and CEO of Third Point LLC, sold shares of the following stocks during the third quarter.
The guru exited his NXP Semiconductors NV (NXPI, Financial) stake. The trade had an impact of -8.18% on the portfolio.
The company, which manufactures semiconductor chips, has a market cap of $25.01 billion and an enterprise value of $29.59 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 20.85% and return on assets of 11.61% are outperforming 51% of companies in the Global Semiconductors industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.31 is below the industry median of 1.69.
The company's largest shareholder among the gurus is Paul Singer (Trades, Portfolio) with 5.01% of outstanding shares, followed by Louis Moore Bacon (Trades, Portfolio) with 0.62%, John Paulson (Trades, Portfolio) with 0.58% and George Soros (Trades, Portfolio) with 0.56%.
Loeb closed his position in Facebook Inc. (FB, Financial). The trade had an impact of -4.06% on the portfolio.
The social network has a market cap of $424.95 billion and an enterprise value of $383.74 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 25.46% and return on assets of 22.40% are outperforming 85% of companies in the Global Internet Content and Information industry. Its financial strength is rated of 9 out of 10.
The largest guru shareholder of the company is Frank Sands (Trades, Portfolio) with 0.3% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.22% and Andreas Halvorsen (Trades, Portfolio) with 0.21%.
The investor divested of his Vulcan Materials Co. (VMC, Financial) position. The trade had an impact of -2.47% on the portfolio.
The company, which produces construction aggregates, has a market cap of $14 billion and an enterprise value of $16.91 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 14.54% and return on assets of 7.47% are outerforming 70% of companies in the Global Building Materials industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.01 is below the industry median of 0.37.
The T Rowe Price Equity Income Fund (Trades, Portfolio) is the largest guru shareholder of the company with 0.84% of outstanding shares, followed by Steven Cohen (Trades, Portfolio) with 0.41%, Ron Baron (Trades, Portfolio) with 0.35% and Pioneer Investments (Trades, Portfolio) with 0.19%.
The guru sold out of BlackRock Inc. (BLK, Financial). The trade impacted the portfolio by -2.26%.
The company, which offers investment management services, has a market cap of $67.75 billion and an enterprise value of $66.07 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. While the return on equity of 18.27% is outperforming the sector, the return on assets of 2.66% is underperforming 53% of companies in the Global Asset Management industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 1.31 is below the industry median of 85.28.
The company's largest guru shareholder is Pioneer Investments with 0.21% of outstanding shares, followed by the Tom Gayner (Trades, Portfolio) with 0.12%, Ken Fisher (Trades, Portfolio) with 0.08% and Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.07%.
The Netflix Inc. (NFLX, Financial) stake was trimmed by 37.50%, impacting the portfolio by -2.04%.
The video content streaming service has a market cap of $138.64 billion and an enterprise value of $143.91 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 30.90% and return on assets of 6.18% are outperforming 67% of companies in the Global Media - Diversified industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.37 is below the industry median of 0.82.
Sands is the company's largest shareholder among the gurus with 1.3% of outstanding shares, followed by Segalas with 0.72%, Chase Coleman (Trades, Portfolio) with 0.49% and Bill Nygren (Trades, Portfolio) with 0.3%.
The guru sold out of Wynn Resorts Ltd. (WYNN, Financial). The trade impacted the portfolio by -1.78%.
The casino and resorts operator has a market cap of $10.77 billion and an enterprise value of $17.49 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 54.41% and return on assets of 4.87% are outperforming 59% of companies in the Global Resorts and Casinos industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.22 is below the industry median of 0.71.
The largest guru shareholder of the company is Steve Mandel (Trades, Portfolio) with 5.48% of outstanding shares, followed by Cohen with 0.33%, Simons with 0.33% and Mario Gabelli (Trades, Portfolio) with 0.08%.
The Electronic Arts Inc. (EA, Financial) holding was closed, impacting the portfolio by -1.62%.
The company, which develops and distributes video game content, has a market cap of $28.36 billion and an enterprise value of $24.81 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 20.49% and return on assets of 11.58% are outperforming 74% of companies in the Global Electronic Gaming and Multimedia industry. Its financial strength is rated 8 out of 10. The cash-debt ratio of 4.58 is below the industry median of 4.27.
Mandel is the company's largest shareholder among the gurus with 2.07% of outstanding shares, followed by Pioneer Investments with 0.76%, Cohen with 0.59%, Simons’ firm with 0.5%, PRIMECAP Management (Trades, Portfolio) with 0.38% and Jana Partners (Trades, Portfolio) with 0.2%.
Disclosure: I do not own any of the stocks mentioned in this article.
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