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David Winters Buys Philip Morris International Inc, Canadian Natural Resources Ltd., Sells Chesapeake Energy Corp.

May 14, 2010 | About:

David Winters likes companies that are positioned to experience significant international growth, and also have 1) good management working for all long-term shareholders, 2) solid businesses with good and improving economics, and 3) an attractive security price.

David Winters buys Philip Morris International Inc, Canadian Natural Resources Ltd., sells Chesapeake Energy Corp. during the 3-months ended 03/31/2010, according to the most recent filings of his investment company, Wintergreen Advisors. David Winters owns 16 stocks with a total value of $530 million. These are the details of the buys and sells.

  • Added Positions: CNQ, PM,
  • Reduced Positions: CHK,
For the details of David Winters's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Winters

This is the sector weightings of his portfolio:

Financials 51.2%
Consumer Goods 22.5%
Oil & Gas 11.6%
Industrials 8.7%
Consumer Services 3.3%


These are the top 5 holdings of David Winters

  1. Berkshire Hathaway Inc. (BRK.B) - 1,322,950 shares, 20.3% of the total portfolio. Shares reduced by 2.58%
  2. Franklin Resources Inc. (BEN) - 501,044 shares, 10.49% of the total portfolio.
  3. PHILIP MORRIS INTERNATIONAL INC (PM) - 972,926 shares, 9.58% of the total portfolio. Shares added by 234.11%
  4. Canadian Natural Resources Ltd. (CNQ) - 678,167 shares, 9.48% of the total portfolio. Shares added by 11.33%
  5. Goldman Sachs Group Inc. The (GS) - 282,329 shares, 9.1% of the total portfolio.


Added: Philip Morris International Inc (PM)

David Winters added to his holdings in Philip Morris International Inc by 234.11%. His purchase prices were between $45.51 and $52.89, with an estimated average price of $49.36. The impact to his portfolio due to this purchase was 6.71%. His holdings were 972,926 shares as of 03/31/2010.

Philip Morris International is the international tobacco company, with products sold in over 160 countries. Philip Morris International Inc has a market cap of $89.08 billion; its shares were traded at around $47.36 with a P/E ratio of 13.6 and P/S ratio of 1.5. The dividend yield of Philip Morris International Inc stocks is 4.9%.

Added: Canadian Natural Resources Ltd. (CNQ)

David Winters added to his holdings in Canadian Natural Resources Ltd. by 11.33%. His purchase prices were between $63.81 and $73.95, with an estimated average price of $69.62. The impact to his portfolio due to this purchase was 0.96%. His holdings were 678,167 shares as of 03/31/2010.

Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. Canadian Natural Resources Ltd. has a market cap of $38.58 billion; its shares were traded at around $71.1 with a P/E ratio of 14.7 and P/S ratio of 3.9. The dividend yield of Canadian Natural Resources Ltd. stocks is 0.8%. Canadian Natural Resources Ltd. had an annual average earning growth of 22.6% over the past 10 years.

Reduced: Chesapeake Energy Corp. (CHK)

David Winters reduced to his holdings in Chesapeake Energy Corp. by 50.15%. His sale prices were between $22.37 and $28.97, with an estimated average price of $25.97. The impact to his portfolio due to this sale was -1.07%. David Winters still held 477,127 shares as of 03/31/2010.

Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corp. has a market cap of $15.18 billion; its shares were traded at around $23.29 with a P/E ratio of 8 and P/S ratio of 2. The dividend yield of Chesapeake Energy Corp. stocks is 1.3%. Chesapeake Energy Corp. had an annual average earning growth of 14.9% over the past 10 years. GuruFocus rated Chesapeake Energy Corp. the business predictability rank of 2-star.


Rating: 1.9/5 (12 votes)

Comments

fk
Fk - 4 years ago
here are winter's current top 10 holdings, differing from gurufocus list due to several international picks:

http://www.wintergreenfund.com/reports/top-ten/

cm1750
Cm1750 premium member - 4 years ago
In early March, Winters was interviewed by Seeking Alpha and said his highest convicitonpick was NSRGY.

http://seekingalpha.com/article/191855-high-conviction-emerging-markets-will-drive-nestle-s-ongoing-growth

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