Hammer Asset Management, LLC Buys Taiwan Semiconductor Manufacturing Co, Cummins Inc, Barings BDC Inc, Sells Carpenter Technology Corp, Biogen Inc, Steelcase Inc

• New Purchases: TSM, CMI, TRY, NUE, VCSH, AFT, VCIT, MPV,
• Added Positions: DAL,
• Reduced Positions: CRS, ABBV, PFE,
• Sold Out: BIIB, SCS, AEP,

For the details of Hammer Asset Management, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Hammer+Asset+Management%2C+LLC

1. Marathon Oil Corp (MRO) - 234,159 shares, 4.73% of the total portfolio. Shares reduced by 0.08%
2. Tractor Supply Co (TSCO) - 45,710 shares, 3.6% of the total portfolio. Shares reduced by 0.02%
3. Lowe's Companies Inc (LOW) - 36,055 shares, 3.59% of the total portfolio. Shares reduced by 0.1%
4. Pfizer Inc (PFE) - 85,175 shares, 3.26% of the total portfolio. Shares reduced by 10.54%
5. AbbVie Inc (ABBV) - 38,119 shares, 3.13% of the total portfolio. Shares reduced by 8.34%

Hammer Asset Management, LLC initiated holding in Taiwan Semiconductor Manufacturing Co Ltd. The purchase prices were between $36.39 and $44.89, with an estimated average price of $41.42. The stock is now traded at around $37.40. The impact to a portfolio due to this purchase was 2.03%. The holding were 52,990 shares as of 2018-09-30.

Hammer Asset Management, LLC initiated holding in Cummins Inc. The purchase prices were between $131.05 and $151.02, with an estimated average price of $140.79. The stock is now traded at around $144.50. The impact to a portfolio due to this purchase was 1.7%. The holding were 13,385 shares as of 2018-09-30.

Hammer Asset Management, LLC initiated holding in Barings BDC Inc. The purchase prices were between $8.5 and $10.51, with an estimated average price of $9.55. The stock is now traded at around $8.89. The impact to a portfolio due to this purchase was 1.62%. The holding were 121,782 shares as of 2018-09-30.

Hammer Asset Management, LLC initiated holding in Nucor Corp. The purchase prices were between $61.11 and $67.98, with an estimated average price of $64.02. The stock is now traded at around $63.08. The impact to a portfolio due to this purchase was 1.6%. The holding were 29,050 shares as of 2018-09-30.

Hammer Asset Management, LLC initiated holding in Vanguard Short-Term Corporate Bond ETF. The purchase prices were between $77.96 and $78.42, with an estimated average price of $78.16. The stock is now traded at around $77.68. The impact to a portfolio due to this purchase was 1.36%. The holding were 20,059 shares as of 2018-09-30.

Hammer Asset Management, LLC initiated holding in Apollo Senior Floating Rate Fund. The purchase prices were between $15.95 and $16.3, with an estimated average price of $16.09. The stock is now traded at around $15.49. The impact to a portfolio due to this purchase was 1.13%. The holding were 81,718 shares as of 2018-09-30.

Hammer Asset Management, LLC sold out a holding in Biogen Inc. The sale prices were between $293.51 and $383.83, with an estimated average price of $343.66.

Hammer Asset Management, LLC sold out a holding in Steelcase Inc. The sale prices were between $13.5 and $19.05, with an estimated average price of $14.68.

Hammer Asset Management, LLC sold out a holding in American Electric Power Co Inc. The sale prices were between $68.87 and $73.4, with an estimated average price of $71.15.

Hammer Asset Management, LLC reduced to a holding in Carpenter Technology Corp by 64.78%. The sale prices were between $53.07 and $60.26, with an estimated average price of $57.26. The stock is now traded at around $42.84. The impact to a portfolio due to this sale was -2.18%. Hammer Asset Management, LLC still held 24,058 shares as of 2018-09-30.