Jeff Auxier

Jeff Auxier

Last Update: 2014-02-12

Number of Stocks: 147
Number of New Stocks: 7

Total Value: $476 Mil
Q/Q Turnover: 3%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Jeff Auxier' s Profile & Performance

Profile

Jeff Auxier is the manager of Auxier Focus Fund. Over the 10-year ended on 9/30/2009, his fund gained more 75% cumulatively, while the S&P500 lost about 10%.

Web Page:http://www.auxierasset.com/

Investing Philosophy

Try to find compelling, undervalued companies that ideally exhibit the following attributes:

* Strong or improving fundamentals
* Consistency in operating results
* A substantial advantage over competition (strong franchise)
* A demonstrated ability to earn high rates of return on capital
* Understandable products
* Honest, competent shareholder-oriented management
* Intelligent capital allocation policies
* Generates substantial free cash flow with nominal mandatory capital requirements
* A strong balance sheet and financial flexibility

The investment candidates are then screened to determine what price represents good value with acceptable, low risk and the potential for above average returns. One of the chief investment sins is overpayment. We count on exceptional investment selection for our returns, not the market.

Total Holding History

Performance of Auxier Focus Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
201323.8131.55-7.7
20128.7315.4-6.7
20115.572.083.5
3-Year Cumulative42.1 (12.4%/year)55 (15.7%/year)-12.9 (-3.3%/year)
201010.115.06-5.0
200924.7626.46-1.7
5-Year Cumulative95.2 (14.3%/year)125.5 (17.7%/year)-30.3 (-3.4%/year)
2008-24.52-3712.5
20075.715.610.1
200611.7515.79-4.0
20054.584.91-0.3
200410.7312-1.3
10-Year Cumulative101.6 (7.3%/year)104.1 (7.4%/year)-2.5 (-0.1%/year)
200326.7528.7-2.0
2002-6.79-22.115.3
200112.67-11.924.6
20004.05-9.113.2

Top Ranked Articles

Microsoft Q3 2011: Priced for Failure
Well, that was an interesting five days for Microsoft (MSFT). Through the first four days of the week, the stock was on a nice run, moving nearly 5% higher. Then, after releasing what appeared to be strong earnings, the stock got plummeted, and was down more than 5% for part of the day (closed down 3%). This morning, the stock has once again opened lower, leaving us, when all is said and done, nearly flat with where we started on April 25. The question is, when we step back from the noise, what did the earnings report tell us about Microsoft the business? Most importantly, is there any indication from the quarterly report that the bears might be right and that Microsoft is a value trap? Read more...
Jeff Auxier Interview with GuruFocus
Jeff Auxier is the president and chief executive officer of Auxier Asset Management. He is a value-oriented money manager whose Auxier Focus Fund has outperformed the market 125.53% to 23.15% on a cumulative basis since inception in 1999. Read more...
New Features We Added to GuruFocus Recently
At GuruFocus, we are continuously improving the features we have and developing new features. As a subscriber, you just need to let us know what you want, and we will deliver it to you. This is a summary of the features we recently added. Read more...
Jeff Auxier GuruFocus Interview: Part 2
Jeff Auxier is president and CEO of Auxier Asset Management and GuruFocus guru who recently took reader questions for an interview. This is the second half of the interview (the first half is published here): Read more...
Q&A with Jeff Auxier of The Auxier Focus Fund
1. How many positions are there in the fund usually? I don’t think it’s very concentrated by looking at the % invested in the top 10 holdings? Read more...
» More Jeff Auxier Articles

Commentaries and Stories

  • Currently 4.17/5

Rating: 4.2/5 (6 votes)

A Strong Sell Despite a Buy Recommendation Due to Its Intrinsic Value
Philip Morris International Inc. (PM) manufactures and markets cigarettes outside the U.S. in 180 countries. The company´s plan is to introduce new packaging, new blends and other line extensions. A key driver of the company is the strong market share and the economies of scale. Also, the company has combated unfavorable tax regulations with price increases, showing a good price-elasticity. The firm's competitors include British American Tobacco plc (BTI) and Imperial Tobacco Group plc (ITYBY). More...

LONG, TOBACCO


  • Currently 4.33/5

Rating: 4.3/5 (3 votes)

Jeff Auxier Comments on Tesco
Fund performance has been negatively impacted by turnarounds like global supermarket operator Tesco PLC (TESO). Retailers in general, even world-class operators, are suffering from a glut of stores fostered by a rapid transformation to online and mobile shopping. While we don’t see much more downside, the execution has been disappointing—slower than expected. Over the long term this approach to buying high-quality assets during distressed times has been a winner. It is often difficult to gauge the timeline. More...

  • Currently 3.50/5

Rating: 3.5/5 (2 votes)

Jeff Auxier Comments on CVS
Healthcare stocks in the Fund had a strong fourth quarter and year. CVS (CVS)’s 26% performance for the quarter is reflective of the fact that 10,000 Americans turn 65 every day and will for the next 15 years. Businesses that are able to serve this growing segment with improving service, innovation, technology, product quality and value should continue to win. More...

  • Currently 3.67/5

Rating: 3.7/5 (3 votes)

Jeff Auxier’s Year-End Top-Five Stocks Jeff Auxier - Jeff Auxier’s Year-End Top-Five Stocks
Jeff Auxier (Trades, Portfolio) is one of the favored gurus followed by GuruFocus. He is the president and chief executive officer at Auxier Asset Management and is in charge of the Auxier Focus Fund. Over the past quarter Auxier added seven new stocks to his portfolio, bringing his total holdings to 147 valued at $476 million. More...

  • Currently 3.67/5

Rating: 3.7/5 (3 votes)

Farming Investor Jeff Auxier Buys 7 New Stocks in Q4 Jeff Auxier - Farming Investor Jeff Auxier Buys 7 New Stocks In Q4
Jeff Auxier (Trades, Portfolio) is a value investor who stays away from the chaos of Wall Street by farming in Oregon in addition to managing portfolios for over 30 years. Auxier Asset Management currently has $400 million in assets under management. More...

  • Currently 4.50/5

Rating: 4.5/5 (2 votes)

Jeff Auxier's Auxier Report Fourth Quarter 2013
  • Currently 3.56/5

Rating: 3.6/5 (9 votes)

"I'm far from the greed and emotion of Wall Street" - A Look at the Patience and Success of Guru Jeff Auxier Jeff Auxier -
I’m far from the greed and emotion of Wall Street and able to conduct the kind of independent thinking that keeps us ahead of the pack, not chasing it.  I love my job and consider it a stewardship of other people’s hard-earned money.  I want to do this the rest of my life. More...

  • Currently 4.87/5

Rating: 4.9/5 (23 votes)

De-dopaminize Your Investment Process Mohnish Pabrai,Jeff Auxier - De-dopaminize Your Investment Process
During 2013 I’ve had the honor and luck to meet a few great investors, and one of the questions I always ask is, “How do you suppress your urge to act?” More...

  • Currently 4.00/5

Rating: 4.0/5 (2 votes)

Jeff Auxier on Where He Will Make Exceptions to His Dislike of Investing in Technology Companies
Jeff Auxier doesn't particularly like investing in technology companies simply because of the speed at which these companies change. More...

  • Currently 4.50/5

Rating: 4.5/5 (2 votes)

Third Quarter Auxier Report from Auxier Asset Management
[i] More...

  • Currently 4.50/5

Rating: 4.5/5 (2 votes)

Auxier Focus Fund Update - Telecom Cuts, H&R, Home Depot and Others
Guru Jeff Auxier, president and CEO of Auxier Asset Management and the Auxier Focus Fund, has said: “As U.S. financier and Presidential advisor, Bernard Baruch used to say, facts are facts even in the height of emotion. Often in these periods what is perceived to be risky is far safer than normal. Like John Train, author of ‘The Money Masters’ has said, “The safe time to invest is when investors are discouraged and desperate.” Conversely, the time to be cautious is when everyone is excited, news is good, and initial public offerings are flowing.” More...

PERSONAL SERVICES, TELECOM SERVICES, HOME IMPROVEMENT STORES, INSURANCE - LIFE


  • Currently 3.67/5

Rating: 3.7/5 (9 votes)

Auxier Report Summer 2013
* Fund inception: July 9, 1999 More...

  • Currently 4.00/5

Rating: 4.0/5 (5 votes)

Auxier Focus Fund Performance Update March 31, 2013
[i] More...

  • Currently 2.00/5

Rating: 2.0/5 (3 votes)

Dr. Pepper - The Booster for One's Portfolio
It is no secret that I find Dr. Pepper (DPS) an attractive stock. I originally valued Dr.Pepper at $63.82 on Dec. 31, 2012. The stock price opened at $43.80 that day, and just recently touched a high of $50.29, a 15% gain. In a moment of honesty, I have to admit that I don't find Dr. Pepper as a refreshing drink personally, but it's not what I think that is important, but what Mr. Market, or in this case, beverage drinkers of the world think. Based upon first quarter of 2013's result, I wish to affirm that Dr. Pepper is just the right booster for one's portfolio. More...

  • Currently 1.00/5

Rating: 1.0/5 (2 votes)

Blum on a Roll to Reduce - CECO's New CEO Named
As Career Education Corporation (CECO)'s cash flow problems and decreased enrollment issues continue in an atmosphere of controversy, its largest stakeholder is on a roll of reducing his ownership stake. Investor Guru Richard Blum, Blum Capital Partners, still holds 14.81% of CECO shares outstanding after this week’s reduction in the education company. At the same time, veteran educator Scott Steffey comes on board as the new president and CEO of Career Education Corporation. More...

EDUCATION & TRAINING SERVICES


  • Currently 3.50/5

Rating: 3.5/5 (4 votes)

Richard Pzena Reduces APOL as Phoenix Rises for Others
Richard Pzena of Pzena Investment Management LLC reduced his Apollo Group Inc. (APOL) shares by 23.54% on Feb. 28, 2013. His current APOL shares are at 5,463,455, bought at $16.95, with a change from average of 1%. The current APOL price per share is $17.06. Apollo Group Inc. was incorporated in Arizona in 1981. Perhaps best known for its subsidiary, The University of Phoenix Inc., the education company offers both online and on-campus educational programs at the undergraduate and graduate levels. Apollo Group Inc. has a market cap of $1.92 billion; with a P/E ratio of 4.9 and P/S ratio of 0.5. GuruFocus rated Apollo Group Inc. the business predictability rank of 4.5-star. More...

EDUCATION


  • Currently 3.14/5

Rating: 3.1/5 (7 votes)

Auxier Asset Management Q4 Report
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. As stated in the current prospectus, the Fund's Investor Class Share's annual operating expense ratio (gross) is 1.29%. The Fund's adviser has contractually agreed to reduce a portion of its fee and reimburse Fund expenses to limit total annual operating expenses at 1.25%, which is in effect until October 31, 2015. Other share classes may vary. The Fund charges a 2.0% redemption fee on shares redeemed within six months of purchase. For the most recent month-end performance, please call (877)328-9437 or visit the Fund's website at www.auxierasset.com. More...

  • Currently 3.60/5

Rating: 3.6/5 (5 votes)

Auxier Report - Fall 2012
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. As stated in the current prospectus, the Fund’s Investor Class Share’s annual operating expense ratio (gross) is 1.32%. The Fund’s adviser has contractually agreed to reduce a portion of its fee and reimburse Fund expenses to limit total annual operating expenses at 1.25%, which is in effect until October 31, 2015. Other share classes may vary. The Fund charges a 2.0% redemption fee on shares redeemed within six months of purchase. For the most recent month-end performance, please call (877)328-9437 or visit the Fund’s website at www.auxierasset.com. More...

  • Currently 3.63/5

Rating: 3.6/5 (27 votes)

Jeff Auxier GuruFocus Interview: Part 2
Jeff Auxier is president and CEO of Auxier Asset Management and GuruFocus guru who recently took reader questions for an interview. This is the second half of the interview (the first half is published here): More...

  • Currently 4.06/5

Rating: 4.1/5 (49 votes)

Jeff Auxier Interview with GuruFocus
Jeff Auxier is the president and chief executive officer of Auxier Asset Management. He is a value-oriented money manager whose Auxier Focus Fund has outperformed the market 125.53% to 23.15% on a cumulative basis since inception in 1999. More...

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