Westport Fund has outperformed the S&P500 nine out of past ten years, and averaged more than 6% a year than the market. The firm uses a modified form of bottom-up value investing that combines classic value investment with forward-looking business analysis.
Westport Asset Management buys Carter's Inc., Republic Services Inc., sells Energy Partners Ltd., Ishares Russell Midcap Index Fund, Willis Group Holdings Ltd. during the 3-months ended 12/31/2009. Westport Asset Management owns 68 stocks with a total value of $931 million. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Westport Asset Management
American Eagle Outfitters is a specialty retailer of all-American casual apparel, accessories, and footwear for men and women between the ages of 16 and 34. American Eagle Outfitters Inc. has a market cap of $3.31 billion; its shares were traded at around $15.93 with a P/E ratio of 25.69 and P/S ratio of 1.11. The dividend yield of American Eagle Outfitters Inc. stocks is 2.51%. American Eagle Outfitters Inc. had an annual average earning growth of 27.6% over the past 10 years. GuruFocus rated American Eagle Outfitters Inc. the business predictability rank of 4-star.
Pall Corporation is a supplier of fine filters, principally made by the Company using its proprietary filter media, and other fluid clarification and separations equipment for the removal of solid, liquid and gaseous contaminants from a wide variety of liquids and gases. Pall Corp. has a market cap of $4.09 billion; its shares were traded at around $34.82 with a P/E ratio of 19.67 and P/S ratio of 1.75. The dividend yield of Pall Corp. stocks is 1.84%. Pall Corp. had an annual average earning growth of 9% over the past 10 years. GuruFocus rated Pall Corp. the business predictability rank of 4.5-star.
Computer Associates International is one of the world's largest information technology management software companies, unifies and simplifies the management of enterprise-wide IT. Ca Inc. has a market cap of $11.15 billion; its shares were traded at around $21.59 with a P/E ratio of 13.66 and P/S ratio of 2.61. The dividend yield of Ca Inc. stocks is 0.74%. Ca Inc. had an annual average earning growth of 13.9% over the past 5 years.
Parametric Technology Corporation develops, markets and supports collaborative product commerce software solutions that help companies manage the product development process in order to better shape innovation and achieve sustained competitive advantage. Parametric Technology New has a market cap of $1.96 billion; its shares were traded at around $16.62 with a P/E ratio of 30.78 and P/S ratio of 2.09. Parametric Technology New had an annual average earning growth of 14.9% over the past 5 years.
LENDER PROCESSING SERVICES, INC. is a provider of integrated technology and services to the mortgage industry. Lender Processing has a market cap of $3.6 billion; its shares were traded at around $37.62 with a P/E ratio of 12.06 and P/S ratio of 1.52. The dividend yield of Lender Processing stocks is 1.06%.
Entergy Corporation engages principally in the following businesses: domestic utility operations, power marketing and trading, global power development, and domestic non-utility nuclear operations. Entergy Corp. has a market cap of $14.57 billion; its shares were traded at around $77.14 with a P/E ratio of 11.57 and P/S ratio of 1.36. The dividend yield of Entergy Corp. stocks is 3.89%. Entergy Corp. had an annual average earning growth of 2.5% over the past 10 years.
Del Monte Foods manufactures and distributes premium quality, nutritiousfood products under Del Monte, Contadina and other brand names. Del Monte Foods Company has a market cap of $2.31 billion; its shares were traded at around $11.66 with a P/E ratio of 8.9 and P/S ratio of 0.64. The dividend yield of Del Monte Foods Company stocks is 1.72%.
Air Products and Chemicals, Inc. has established an internationally recognized industrial gas and related industrial process equipment business, and developed strong positions as a producer of certain chemicals. Air Products And Chemicals Inc. has a market cap of $14.51 billion; its shares were traded at around $68.53 with a P/E ratio of 16.16 and P/S ratio of 1.76. The dividend yield of Air Products And Chemicals Inc. stocks is 2.63%. Air Products And Chemicals Inc. had an annual average earning growth of 7.2% over the past 10 years.
DR PEPPER SNAPPLE Group is one of the largest beverage companies in the Americas. Dr Pepper Snapple Gp has a market cap of $6.88 billion; its shares were traded at around $27.08 with a P/E ratio of 14.1 and P/S ratio of 1.21. The dividend yield of Dr Pepper Snapple Gp stocks is 2.22%.
Carters Inc markets baby apparel and young children's apparel in the United States. Carter's Inc. has a market cap of $1.58 billion; its shares were traded at around $27.74 with a P/E ratio of 14.45 and P/S ratio of 1.06. Carter's Inc. had an annual average earning growth of 16.6% over the past 5 years.
Republic Services, Inc., is a provider of services in the domestic non-hazardous solid waste industry. Republic Services Inc. has a market cap of $9.9 billion; its shares were traded at around $26.03 with a P/E ratio of 17.71 and P/S ratio of 1.21. The dividend yield of Republic Services Inc. stocks is 2.92%. Republic Services Inc. had an annual average earning growth of 11.6% over the past 10 years. GuruFocus rated Republic Services Inc. the business predictability rank of 5-star.
The South Financial Group is a financial services company. South Financial Group Inc. has a market cap of $84.03 million; its shares were traded at around $0.39 with and P/S ratio of 0.1. South Financial Group Inc. had an annual average earning growth of 5% over the past 10 years.
The principal business of Universal Health Services, Inc. Universal Health Services Inc. has a market cap of $3.15 billion; its shares were traded at around $32.02 with a P/E ratio of 13.74 and P/S ratio of 0.63. The dividend yield of Universal Health Services Inc. stocks is 0.31%. 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 3.5-star.
Ishares Russell Midcap Index Fund has a market cap of $4.79 billion; its shares were traded at around $80.78 . The dividend yield of Ishares Russell Midcap Index Fund stocks is 2.02%.
Energy Partners, Ltd. is an independent oil and natural gas exploration and production company based in New Orleans, LA and Houston. Energy Partners Ltd. has a market cap of $400.58 million; its shares were traded at around $10.01 . Energy Partners Ltd. had an annual average earning growth of 8.5% over the past 5 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 10.35 and P/S ratio of 1.43. The dividend yield of Willis Group Holdings Ltd. stocks is 3.75%.
Westport Asset Management buys Carter's Inc., Republic Services Inc., sells Energy Partners Ltd., Ishares Russell Midcap Index Fund, Willis Group Holdings Ltd. during the 3-months ended 12/31/2009. Westport Asset Management owns 68 stocks with a total value of $931 million. These are the details of the buys and sells.
- New Purchases: CRI, RSG,
- Added Positions: AEO, APD, CA, DLM, DPS, ETR, LPS, PLL, PMTC,
- Reduced Positions: TSFG, UHS,
- Sold Out: EPL, IWR, WSH,
This is the sector weightings of his portfolio:
| Consumer Services | 26.3% |
| Industrials | 23.3% |
| Health Care | 14% |
| Technology | 9.2% |
| Oil & Gas | 8.8% |
| Consumer Goods | 5.5% |
| Financials | 5% |
| Basic Materials | 3.1% |
| Utilities | 0.6% |
These are the top 5 holdings of Westport Asset Management
- Precision Castparts Corp. (PCP) - 750,601 shares, 8.9% of the total portfolio
- DeVry Inc. (DV) - 1,275,000 shares, 7.77% of the total portfolio
- Universal Health Services Inc. (UHS) - 2,030,400 shares, 6.65% of the total portfolio
- ITT Educational Services Inc. (ESI) - 596,000 shares, 6.14% of the total portfolio
- Big Lots Inc. (BIG) - 1,313,056 shares, 4.09% of the total portfolio
Added: American Eagle Outfitters Inc. (AEO, Financial)
Westport Asset Management added to his holdings in American Eagle Outfitters Inc. by 512.5%. His purchase prices were between $14.54 and $19.62, with an estimated average price of $16.6. The impact to his portfolio due to this purchase was 0.38%. His holdings were 245,000 shares as of 12/31/2009.American Eagle Outfitters is a specialty retailer of all-American casual apparel, accessories, and footwear for men and women between the ages of 16 and 34. American Eagle Outfitters Inc. has a market cap of $3.31 billion; its shares were traded at around $15.93 with a P/E ratio of 25.69 and P/S ratio of 1.11. The dividend yield of American Eagle Outfitters Inc. stocks is 2.51%. American Eagle Outfitters Inc. had an annual average earning growth of 27.6% over the past 10 years. GuruFocus rated American Eagle Outfitters Inc. the business predictability rank of 4-star.
Added: Pall Corp. (PLL, Financial)
Westport Asset Management added to his holdings in Pall Corp. by 29.49%. His purchase prices were between $30.83 and $37.12, with an estimated average price of $33.38. The impact to his portfolio due to this purchase was 0.22%. His holdings were 252,500 shares as of 12/31/2009.Pall Corporation is a supplier of fine filters, principally made by the Company using its proprietary filter media, and other fluid clarification and separations equipment for the removal of solid, liquid and gaseous contaminants from a wide variety of liquids and gases. Pall Corp. has a market cap of $4.09 billion; its shares were traded at around $34.82 with a P/E ratio of 19.67 and P/S ratio of 1.75. The dividend yield of Pall Corp. stocks is 1.84%. Pall Corp. had an annual average earning growth of 9% over the past 10 years. GuruFocus rated Pall Corp. the business predictability rank of 4.5-star.
Added: Ca Inc. (CA, Financial)
Westport Asset Management added to his holdings in Ca Inc. by 30.43%. His purchase prices were between $20.68 and $23.91, with an estimated average price of $22.22. The impact to his portfolio due to this purchase was 0.21%. His holdings were 375,000 shares as of 12/31/2009.Computer Associates International is one of the world's largest information technology management software companies, unifies and simplifies the management of enterprise-wide IT. Ca Inc. has a market cap of $11.15 billion; its shares were traded at around $21.59 with a P/E ratio of 13.66 and P/S ratio of 2.61. The dividend yield of Ca Inc. stocks is 0.74%. Ca Inc. had an annual average earning growth of 13.9% over the past 5 years.
Added: Parametric Technology New (PMTC, Financial)
Westport Asset Management added to his holdings in Parametric Technology New by 38.18%. His purchase prices were between $13.39 and $16.85, with an estimated average price of $15.49. The impact to his portfolio due to this purchase was 0.19%. His holdings were 380,000 shares as of 12/31/2009.Parametric Technology Corporation develops, markets and supports collaborative product commerce software solutions that help companies manage the product development process in order to better shape innovation and achieve sustained competitive advantage. Parametric Technology New has a market cap of $1.96 billion; its shares were traded at around $16.62 with a P/E ratio of 30.78 and P/S ratio of 2.09. Parametric Technology New had an annual average earning growth of 14.9% over the past 5 years.
Added: Lender Processing (LPS, Financial)
Westport Asset Management added to his holdings in Lender Processing by 24.59%. His purchase prices were between $37.92 and $43.99, with an estimated average price of $41.47. The impact to his portfolio due to this purchase was 0.16%. His holdings were 190,000 shares as of 12/31/2009.LENDER PROCESSING SERVICES, INC. is a provider of integrated technology and services to the mortgage industry. Lender Processing has a market cap of $3.6 billion; its shares were traded at around $37.62 with a P/E ratio of 12.06 and P/S ratio of 1.52. The dividend yield of Lender Processing stocks is 1.06%.
Added: Entergy Corp. (ETR, Financial)
Westport Asset Management added to his holdings in Entergy Corp. by 33.33%. His purchase prices were between $76.26 and $84.01, with an estimated average price of $79.93. The impact to his portfolio due to this purchase was 0.15%. His holdings were 70,000 shares as of 12/31/2009.Entergy Corporation engages principally in the following businesses: domestic utility operations, power marketing and trading, global power development, and domestic non-utility nuclear operations. Entergy Corp. has a market cap of $14.57 billion; its shares were traded at around $77.14 with a P/E ratio of 11.57 and P/S ratio of 1.36. The dividend yield of Entergy Corp. stocks is 3.89%. Entergy Corp. had an annual average earning growth of 2.5% over the past 10 years.
Added: Del Monte Foods Company (DLM, Financial)
Westport Asset Management added to his holdings in Del Monte Foods Company by 4.43%. His purchase prices were between $10.47 and $11.59, with an estimated average price of $11.06. The impact to his portfolio due to this purchase was 0.13%. His holdings were 2,569,154 shares as of 12/31/2009.Del Monte Foods manufactures and distributes premium quality, nutritiousfood products under Del Monte, Contadina and other brand names. Del Monte Foods Company has a market cap of $2.31 billion; its shares were traded at around $11.66 with a P/E ratio of 8.9 and P/S ratio of 0.64. The dividend yield of Del Monte Foods Company stocks is 1.72%.
Added: Air Products And Chemicals Inc. (APD, Financial)
Westport Asset Management added to his holdings in Air Products And Chemicals Inc. by 13.69%. His purchase prices were between $75.53 and $84.71, with an estimated average price of $81.34. The impact to his portfolio due to this purchase was 0.1%. His holdings were 98,000 shares as of 12/31/2009.Air Products and Chemicals, Inc. has established an internationally recognized industrial gas and related industrial process equipment business, and developed strong positions as a producer of certain chemicals. Air Products And Chemicals Inc. has a market cap of $14.51 billion; its shares were traded at around $68.53 with a P/E ratio of 16.16 and P/S ratio of 1.76. The dividend yield of Air Products And Chemicals Inc. stocks is 2.63%. Air Products And Chemicals Inc. had an annual average earning growth of 7.2% over the past 10 years.
Added: Dr Pepper Snapple Gp (DPS, Financial)
Westport Asset Management added to his holdings in Dr Pepper Snapple Gp by 12.15%. His purchase prices were between $26.19 and $30.09, with an estimated average price of $27.76. The impact to his portfolio due to this purchase was 0.1%. His holdings were 300,000 shares as of 12/31/2009.DR PEPPER SNAPPLE Group is one of the largest beverage companies in the Americas. Dr Pepper Snapple Gp has a market cap of $6.88 billion; its shares were traded at around $27.08 with a P/E ratio of 14.1 and P/S ratio of 1.21. The dividend yield of Dr Pepper Snapple Gp stocks is 2.22%.
New Purchase: Carter's Inc. (CRI, Financial)
Westport Asset Management initiated holdings in Carter's Inc.. His purchase prices were between $21.66 and $29.13, with an estimated average price of $24.27. The impact to his portfolio due to this purchase was 0.78%. His holdings were 275,000 shares as of 12/31/2009.Carters Inc markets baby apparel and young children's apparel in the United States. Carter's Inc. has a market cap of $1.58 billion; its shares were traded at around $27.74 with a P/E ratio of 14.45 and P/S ratio of 1.06. Carter's Inc. had an annual average earning growth of 16.6% over the past 5 years.
New Purchase: Republic Services Inc. (RSG, Financial)
Westport Asset Management initiated holdings in Republic Services Inc.. His purchase prices were between $25.77 and $29.57, with an estimated average price of $27.71. The impact to his portfolio due to this purchase was 0.67%. His holdings were 220,000 shares as of 12/31/2009.Republic Services, Inc., is a provider of services in the domestic non-hazardous solid waste industry. Republic Services Inc. has a market cap of $9.9 billion; its shares were traded at around $26.03 with a P/E ratio of 17.71 and P/S ratio of 1.21. The dividend yield of Republic Services Inc. stocks is 2.92%. Republic Services Inc. had an annual average earning growth of 11.6% over the past 10 years. GuruFocus rated Republic Services Inc. the business predictability rank of 5-star.
Reduced: South Financial Group Inc. (TSFG, Financial)
Westport Asset Management reduced to his holdings in South Financial Group Inc. by 29.18%. His sale prices were between $0.5415 and $1.45, with an estimated average price of $0.77. The impact to his portfolio due to this sale was -0.02%. Westport Asset Management still held 875,384 shares as of 12/31/2009.The South Financial Group is a financial services company. South Financial Group Inc. has a market cap of $84.03 million; its shares were traded at around $0.39 with and P/S ratio of 0.1. South Financial Group Inc. had an annual average earning growth of 5% over the past 10 years.
Reduced: Universal Health Services Inc. (UHS)
Westport Asset Management reduced to his holdings in Universal Health Services Inc. by 49.5%. His sale prices were between $110.68 and $132.7, with an estimated average price of $97.69. The impact to his portfolio due to this sale was -3.29%. Westport Asset Management still held 2,030,400 shares as of 12/31/2009.The principal business of Universal Health Services, Inc. Universal Health Services Inc. has a market cap of $3.15 billion; its shares were traded at around $32.02 with a P/E ratio of 13.74 and P/S ratio of 0.63. The dividend yield of Universal Health Services Inc. stocks is 0.31%. 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 3.5-star.
Sold Out: Ishares Russell Midcap Index Fund (IWR)
Westport Asset Management sold out his holdings in Ishares Russell Midcap Index Fund. His sale prices were between $74.81 and $83.77, with an estimated average price of $79.54.Ishares Russell Midcap Index Fund has a market cap of $4.79 billion; its shares were traded at around $80.78 . The dividend yield of Ishares Russell Midcap Index Fund stocks is 2.02%.
Sold Out: Energy Partners Ltd. (EPL)
Westport Asset Management sold out his holdings in Energy Partners Ltd.. His sale prices were between $7.65 and $9.1, with an estimated average price of $8.46.Energy Partners, Ltd. is an independent oil and natural gas exploration and production company based in New Orleans, LA and Houston. Energy Partners Ltd. has a market cap of $400.58 million; its shares were traded at around $10.01 . Energy Partners Ltd. had an annual average earning growth of 8.5% over the past 5 years.
Sold Out: Willis Group Holdings Ltd. (WSH)
Westport Asset Management sold out his holdings in Willis Group Holdings Ltd.. His sale prices were between $26.07 and $28.37, with an estimated average price of $27.2.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 10.35 and P/S ratio of 1.43. The dividend yield of Willis Group Holdings Ltd. stocks is 3.75%.
