Contrarius Investment Management Ltd Buys ViacomCBS Inc, L Brands Inc, MSG Networks Inc, Sells Viacom Inc, Barrick Gold Corp, Facebook Inc

• New Purchases: 0VVB, MSGN, RRC, 2WZ, DELL, SBGI, PAAS, HCC, WW, SXC, QRTEA,
• Added Positions: LB, MIK, RIG, M, MOV, SIG, CPRI, JD,
• Reduced Positions: GOLD, FB, TWTR, DDS, ANF, FOX, CHS, KGC, FCX, BBBY, PM, TECK, AAPL, OSTK, IAG, TAP, OVV, COTY,
• Sold Out: VIAB, WW6,

For the details of Contrarius Investment Management Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/contrarius+investment+management+ltd/current-portfolio/portfolio

1. Bed Bath & Beyond Inc (BBBY) - 11,598,442 shares, 10.52% of the total portfolio. Shares reduced by 6.84%
2. Transocean Ltd (RIG) - 26,113,682 shares, 9.42% of the total portfolio. Shares added by 4.81%
3. Macy's Inc (M) - 10,238,734 shares, 9.13% of the total portfolio. Shares added by 4.34%
4. Valaris PLC (VAL) - 19,265,989 shares, 6.63% of the total portfolio.
5. Freeport-McMoRan Inc (FCX) - 8,229,716 shares, 5.66% of the total portfolio. Shares reduced by 12.13%

Contrarius Investment Management Ltd initiated holding in ViacomCBS Inc. The purchase prices were between $31.6 and $38.4, with an estimated average price of $34.93. The stock is now traded at around $30.80. The impact to a portfolio due to this purchase was 3.05%. The holding were 1,387,704 shares as of .

Contrarius Investment Management Ltd initiated holding in MSG Networks Inc. The purchase prices were between $15.44 and $18.49, with an estimated average price of $16.64. The stock is now traded at around $16.48. The impact to a portfolio due to this purchase was 1.74%. The holding were 1,906,272 shares as of .

Contrarius Investment Management Ltd initiated holding in Range Resources Corp. The purchase prices were between $3.33 and $5, with an estimated average price of $4.05. The stock is now traded at around $3.31. The impact to a portfolio due to this purchase was 1.72%. The holding were 6,763,232 shares as of .

Contrarius Investment Management Ltd initiated holding in O-I Glass Inc. The purchase prices were between $7.6 and $10.6, with an estimated average price of $8.91. The stock is now traded at around $13.00. The impact to a portfolio due to this purchase was 1.57%. The holding were 2,511,807 shares as of .

Contrarius Investment Management Ltd initiated holding in Dell Technologies Inc. The purchase prices were between $47.12 and $56.21, with an estimated average price of $51.29. The stock is now traded at around $52.65. The impact to a portfolio due to this purchase was 1.44%. The holding were 533,210 shares as of .

Contrarius Investment Management Ltd initiated holding in Sinclair Broadcast Group Inc. The purchase prices were between $30.42 and $42.66, with an estimated average price of $37.07. The stock is now traded at around $31.44. The impact to a portfolio due to this purchase was 0.57%. The holding were 326,908 shares as of .

Contrarius Investment Management Ltd added to a holding in L Brands Inc by 205.31%. The purchase prices were between $15.89 and $19.28, with an estimated average price of $17.87. The stock is now traded at around $24.34. The impact to a portfolio due to this purchase was 2.2%. The holding were 3,440,909 shares as of .

Contrarius Investment Management Ltd added to a holding in The Michaels Companies Inc by 234.90%. The purchase prices were between $5.97 and $10.84, with an estimated average price of $8.34. The stock is now traded at around $5.24. The impact to a portfolio due to this purchase was 1.69%. The holding were 5,682,319 shares as of .

Contrarius Investment Management Ltd added to a holding in Movado Group Inc by 47.79%. The purchase prices were between $18.68 and $28.6, with an estimated average price of $23.3. The stock is now traded at around $16.80. The impact to a portfolio due to this purchase was 0.16%. The holding were 430,097 shares as of .

Contrarius Investment Management Ltd added to a holding in Signet Jewelers Ltd by 20.04%. The purchase prices were between $15.29 and $21.91, with an estimated average price of $17.81. The stock is now traded at around $26.84. The impact to a portfolio due to this purchase was 0.14%. The holding were 751,652 shares as of .

Contrarius Investment Management Ltd added to a holding in Capri Holdings Ltd by 52.52%. The purchase prices were between $27.83 and $39.32, with an estimated average price of $34.66. The stock is now traded at around $31.60. The impact to a portfolio due to this purchase was 0.03%. The holding were 49,289 shares as of .

Contrarius Investment Management Ltd sold out a holding in Viacom Inc. The sale prices were between $21.23 and $24.22, with an estimated average price of $22.76.

Contrarius Investment Management Ltd sold out a holding in WW International Inc. The sale prices were between $28.06 and $39.83, with an estimated average price of $34.19.