Mason Hawkins of the Longleaf Partners Funds just reported his 4th quarter portfolio. Mason Hawkins holds very concentrated portfolio, and measures his portfolio with price-to-value ratio. To him, the market has good opportunities for value stocks. Mason Hawkins buys Bank Of NY Mellon Cp, Intercontinental Hotels Group Plc, sells Encana Corp., Liberty Media Corporation - Series A, Telephone And Data Systems Inc during the 3-months ended 12/31/2009, according to the most recent filings of his investment company, Southeastern Asset Management. Mason Hawkins owns 38 stocks with a total value of $21.8 billion. These are the details of the buys and sells.
For the details of Mason Hawkins's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Mason+Hawkins
This is the sector weightings of his portfolio:
These are the top 5 holdings of Mason Hawkins
DIRECTV Class A is a provider of digital multichannel television entertainment, broadband satellite networks and services, and global video and data broadcasting in the United States and Latin America. Directv Group Inc. The has a market cap of $29.37 billion; its shares were traded at around $30.69 with a P/E ratio of 23.9 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.
Willis Group is a global insurance broker providing specialized risk management, advisory, and other services to a broad range of corporate andinstitutional clients, with particular expertise in the construction, aerospace, marine and energy industries. Willis Group Holdings Ltd. has a market cap of $4.67 billion; its shares were traded at around $27.75 with a P/E ratio of 10.4 and P/S ratio of 1.4. The dividend yield of Willis Group Holdings Ltd. stocks is 3.7%.
Everest Re Group, Ltd. is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength. Everest Re Group Ltd. has a market cap of $4.89 billion; its shares were traded at around $80.97 with a P/E ratio of 6.7 and P/S ratio of 1.3. The dividend yield of Everest Re Group Ltd. stocks is 2.4%.
Fair Isaac Corporation makes decisions smarter. The company's solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes, and apply more intelligence to every customer interaction. Fair Isaac Corp. has a market cap of $993.8 million; its shares were traded at around $21.06 with a P/E ratio of 13.6 and P/S ratio of 1.6. The dividend yield of Fair Isaac Corp. stocks is 0.4%. Fair Isaac Corp. had an annual average earning growth of 17.3% over the past 10 years.
Markel Corporation markets and underwrites specialty insurance products andprograms to a variety of niche markets. Markel Corp. has a market cap of $3.37 billion; its shares were traded at around $342.95 with a P/E ratio of 14.5 and P/S ratio of 1.6. Markel Corp. had an annual average earning growth of 31.4% over the past 5 years.
Bank of New York is a bank holding company and one of the world's larger financial institutions. Bank Of Ny Mellon Cp has a market cap of $32.57 billion; its shares were traded at around $27.05 with a P/E ratio of 12.4 and P/S ratio of 2.4. The dividend yield of Bank Of Ny Mellon Cp stocks is 1.3%.
InterContinental Hotels Group offers information and reservations capability on the Internet for InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn hotels, Holiday Inn Express hotels, and Staybridge Suites by Holiday Inn hotels. Intercontinental Hotels Group Plc has a market cap of $4.13 billion; its shares were traded at around $14.4 with and P/S ratio of 2.2. The dividend yield of Intercontinental Hotels Group Plc stocks is 2.9%. Intercontinental Hotels Group Plc had an annual average earning growth of 0.2% over the past 5 years.
Ingersoll Rand Company is one of the providers of security and safety, climate control, industrial productivity and infrastructure products. Ingersollrand Company Ltd. has a market cap of $10.01 billion; its shares were traded at around $31.26 with a P/E ratio of 18.5 and P/S ratio of 0.7. The dividend yield of Ingersollrand Company Ltd. stocks is 1%. Ingersollrand Company Ltd. had an annual average earning growth of 4.6% over the past 10 years.
Telephone & Data Systems is a diversified telecommunications corporation. Tel And Data Sys has a market cap of $1.36 billion; its shares were traded at around $29.3 with and P/S ratio of 0.27. The dividend yield of Tel And Data Sys stocks is 1.58%.
Marriott International, Inc. operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. Marriott International Inc. has a market cap of $9.59 billion; its shares were traded at around $26.84 with a P/E ratio of 28.3 and P/S ratio of 0.7. The dividend yield of Marriott International Inc. stocks is 0.3%. Marriott International Inc. had an annual average earning growth of 5.9% over the past 10 years.
Telephone & Data Systems is a diversified telecommunications corporation. Telephone And Data Systems Inc has a market cap of $3.32 billion; its shares were traded at around $31.17 with a P/E ratio of 12.4 and P/S ratio of 0.6. The dividend yield of Telephone And Data Systems Inc stocks is 1.4%. Telephone And Data Systems Inc had an annual average earning growth of 8.3% over the past 5 years.
EnCana Corporation is one of the world's largest independent natural gas producers and gas storage operators. Encana Corp. has a market cap of $23.94 billion; its shares were traded at around $31.91 with a P/E ratio of 7.8 and P/S ratio of 0.8. The dividend yield of Encana Corp. stocks is 2.5%. Encana Corp. had an annual average earning growth of 34% over the past 5 years.
- New Purchases: BK, IHG,
- Added Positions: DTV, FICO, MKL, RE, WSH,
- Reduced Positions: IR, MAR, TDS-S,
- Sold Out: ECA, TDS,
For the details of Mason Hawkins's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Mason+Hawkins
This is the sector weightings of his portfolio:
| Consumer Services | 40.3% |
| Oil & Gas | 14.1% |
| Technology | 11.6% |
| Financials | 10.3% |
| Industrials | 9.5% |
| Telecommunications | 5.3% |
| Consumer Goods | 4.2% |
| Basic Materials | 0.8% |
These are the top 5 holdings of Mason Hawkins
- DIRECTV Group Inc. The (DTV) - 85,628,178 shares, 13.09% of the total portfolio
- Chesapeake Energy Corp. (CHK) - 76,534,039 shares, 9.08% of the total portfolio
- Dell Inc. (DELL) - 137,458,334 shares, 9.05% of the total portfolio
- The Walt Disney Company Disney (DIS) - 56,001,551 shares, 8.28% of the total portfolio
- Yum! Brands Inc. (YUM) - 48,055,553 shares, 7.7% of the total portfolio
Added: Directv Group Inc. The (DTV, Financial)
Mason Hawkins added to his holdings in Directv Group Inc. The by 13.5%. His purchase prices were between $25.44 and $33.97, with an estimated average price of $30.15. The impact to his portfolio due to this purchase was 1.56%. His holdings were 85,628,178 shares as of 12/31/2009.DIRECTV Class A is a provider of digital multichannel television entertainment, broadband satellite networks and services, and global video and data broadcasting in the United States and Latin America. Directv Group Inc. The has a market cap of $29.37 billion; its shares were traded at around $30.69 with a P/E ratio of 23.9 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.
Added: Willis Group Holdings Ltd. (WSH, Financial)
Mason Hawkins added to his holdings in Willis Group Holdings Ltd. by 66.59%. His purchase prices were between $26.07 and $28.37, with an estimated average price of $27.2. The impact to his portfolio due to this purchase was 0.76%. His holdings were 15,784,500 shares as of 12/31/2009.Willis Group is a global insurance broker providing specialized risk management, advisory, and other services to a broad range of corporate andinstitutional clients, with particular expertise in the construction, aerospace, marine and energy industries. Willis Group Holdings Ltd. has a market cap of $4.67 billion; its shares were traded at around $27.75 with a P/E ratio of 10.4 and P/S ratio of 1.4. The dividend yield of Willis Group Holdings Ltd. stocks is 3.7%.
Added: Everest Re Group Ltd. (RE, Financial)
Mason Hawkins added to his holdings in Everest Re Group Ltd. by 9.11%. His purchase prices were between $83.09 and $92.49, with an estimated average price of $87.05. The impact to his portfolio due to this purchase was 0.18%. His holdings were 5,532,696 shares as of 12/31/2009.Everest Re Group, Ltd. is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength. Everest Re Group Ltd. has a market cap of $4.89 billion; its shares were traded at around $80.97 with a P/E ratio of 6.7 and P/S ratio of 1.3. The dividend yield of Everest Re Group Ltd. stocks is 2.4%.
Added: Fair Isaac Corp. (FICO, Financial)
Mason Hawkins added to his holdings in Fair Isaac Corp. by 19.98%. His purchase prices were between $18.07 and $22.75, with an estimated average price of $20.14. The impact to his portfolio due to this purchase was 0.15%. His holdings were 9,491,578 shares as of 12/31/2009.Fair Isaac Corporation makes decisions smarter. The company's solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes, and apply more intelligence to every customer interaction. Fair Isaac Corp. has a market cap of $993.8 million; its shares were traded at around $21.06 with a P/E ratio of 13.6 and P/S ratio of 1.6. The dividend yield of Fair Isaac Corp. stocks is 0.4%. Fair Isaac Corp. had an annual average earning growth of 17.3% over the past 10 years.
Added: Markel Corp. (MKL, Financial)
Mason Hawkins added to his holdings in Markel Corp. by 17.29%. His purchase prices were between $318.05 and $343.85, with an estimated average price of $333.26. The impact to his portfolio due to this purchase was 0.15%. His holdings were 665,831 shares as of 12/31/2009.Markel Corporation markets and underwrites specialty insurance products andprograms to a variety of niche markets. Markel Corp. has a market cap of $3.37 billion; its shares were traded at around $342.95 with a P/E ratio of 14.5 and P/S ratio of 1.6. Markel Corp. had an annual average earning growth of 31.4% over the past 5 years.
New Purchase: Bank Of Ny Mellon Cp (BK, Financial)
Mason Hawkins initiated holdings in Bank Of Ny Mellon Cp. His purchase prices were between $25.84 and $29.67, with an estimated average price of $27.3. The impact to his portfolio due to this purchase was 2%. His holdings were 15,620,000 shares as of 12/31/2009.Bank of New York is a bank holding company and one of the world's larger financial institutions. Bank Of Ny Mellon Cp has a market cap of $32.57 billion; its shares were traded at around $27.05 with a P/E ratio of 12.4 and P/S ratio of 2.4. The dividend yield of Bank Of Ny Mellon Cp stocks is 1.3%.
New Purchase: Intercontinental Hotels Group Plc (IHG, Financial)
Mason Hawkins initiated holdings in Intercontinental Hotels Group Plc. His purchase prices were between $12.26 and $14.67, with an estimated average price of $13.8. The impact to his portfolio due to this purchase was 0.04%. His holdings were 578,102 shares as of 12/31/2009.InterContinental Hotels Group offers information and reservations capability on the Internet for InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn hotels, Holiday Inn Express hotels, and Staybridge Suites by Holiday Inn hotels. Intercontinental Hotels Group Plc has a market cap of $4.13 billion; its shares were traded at around $14.4 with and P/S ratio of 2.2. The dividend yield of Intercontinental Hotels Group Plc stocks is 2.9%. Intercontinental Hotels Group Plc had an annual average earning growth of 0.2% over the past 5 years.
Reduced: Ingersollrand Company Ltd. (IR, Financial)
Mason Hawkins reduced to his holdings in Ingersollrand Company Ltd. by 99.67%. His sale prices were between $29.7 and $37.23, with an estimated average price of $34.74. The impact to his portfolio due to this sale was less than 0.01%. Mason Hawkins still held 12,000 shares as of 12/31/2009.Ingersoll Rand Company is one of the providers of security and safety, climate control, industrial productivity and infrastructure products. Ingersollrand Company Ltd. has a market cap of $10.01 billion; its shares were traded at around $31.26 with a P/E ratio of 18.5 and P/S ratio of 0.7. The dividend yield of Ingersollrand Company Ltd. stocks is 1%. Ingersollrand Company Ltd. had an annual average earning growth of 4.6% over the past 10 years.
Reduced: Tel And Data Sys (TDS-S)
Mason Hawkins reduced to his holdings in Tel And Data Sys by 81.76%. His sale prices were between $27.6 and $30.86, with an estimated average price of $29.23. The impact to his portfolio due to this sale was -0.29%. Mason Hawkins still held 2,238,900 shares as of 12/31/2009.Telephone & Data Systems is a diversified telecommunications corporation. Tel And Data Sys has a market cap of $1.36 billion; its shares were traded at around $29.3 with and P/S ratio of 0.27. The dividend yield of Tel And Data Sys stocks is 1.58%.
Reduced: Marriott International Inc. (MAR, Financial)
Mason Hawkins reduced to his holdings in Marriott International Inc. by 26.39%. His sale prices were between $24.8643 and $28.1353, with an estimated average price of $12.61. The impact to his portfolio due to this sale was -0.7%. Mason Hawkins still held 21,249,325 shares as of 12/31/2009.Marriott International, Inc. operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. Marriott International Inc. has a market cap of $9.59 billion; its shares were traded at around $26.84 with a P/E ratio of 28.3 and P/S ratio of 0.7. The dividend yield of Marriott International Inc. stocks is 0.3%. Marriott International Inc. had an annual average earning growth of 5.9% over the past 10 years.
Sold Out: Telephone And Data Systems Inc (TDS, Financial)
Mason Hawkins sold out his holdings in Telephone And Data Systems Inc. His sale prices were between $29.62 and $34.69, with an estimated average price of $31.85.Telephone & Data Systems is a diversified telecommunications corporation. Telephone And Data Systems Inc has a market cap of $3.32 billion; its shares were traded at around $31.17 with a P/E ratio of 12.4 and P/S ratio of 0.6. The dividend yield of Telephone And Data Systems Inc stocks is 1.4%. Telephone And Data Systems Inc had an annual average earning growth of 8.3% over the past 5 years.
Sold Out: Encana Corp. (ECA, Financial)
Mason Hawkins sold out his holdings in Encana Corp.. His sale prices were between $28.09 and $62.46, with an estimated average price of $49.65.EnCana Corporation is one of the world's largest independent natural gas producers and gas storage operators. Encana Corp. has a market cap of $23.94 billion; its shares were traded at around $31.91 with a P/E ratio of 7.8 and P/S ratio of 0.8. The dividend yield of Encana Corp. stocks is 2.5%. Encana Corp. had an annual average earning growth of 34% over the past 5 years.
