John Hussman (Trades, Portfolio)’s Hussman Strategic Advisors, Inc. bought shares of the following stocks in both the fourth quarter of 2019 and the first quarter of 2020.
AT&T
The guru boosted the AT&T Inc. (T) position by 2,500% in the fourth quarter and then added 98.08% in the first quarter. The stock has a weight of 0.81% in the portfolio.
The company, which operates in the telecommunication services industry, has a market cap of $208.12 billion. Its revenue of $4.99 billion has fallen 0.80% over the last five years.
Pioneer Investments (Trades, Portfolio) is the largest guru shareholder of the company with 0.21% of outstanding shares, followed by Paul Singer (Trades, Portfolio)’s Elliott Management with 0.07% and Barrow, Hanley, Mewhinney & Strauss with 0.06%.
Biogen
The firm boosted the Biogen Inc. (BIIB) stake by 33.33% in the fourth quarter and 29.25% in the first quarter. The stock has a weight of 1.10% in the portfolio.
The company, which operates in the drug manufacturers industry, has a market cap of $54.26 billion and an enterprise value of $56.75 billion. Its revenue of $14.42 billion has risen 13% over the last five years.
The company's largest guru shareholder is PRIMECAP Management (Trades, Portfolio) with 8.73% of outstanding shares, followed by Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 2.63% and Vanguard Health Care Fund (Trades, Portfolio) with 1.93%.
Cognizant
The investor increased the Cognizant Technology Solutions Corp. (CTSH) holding by 100% in the fourth quarter and raised it by 25% in the first quarter. The stock has a total weight of 0.31% in the portfolio.
The IT services provider has a market cap of $29.59 billion. Its revenue of $249.07 billion has fallen 12% over the last five years.
Dodge & Cox is the largest guru shareholder of the company with 3.12% of outstanding shares, followed by Al Gore (Trades, Portfolio) with 2.72% and Richard Pzena (Trades, Portfolio) with 1.64%.
Corcept Therapeutics
In the fourth quarter, the guru increased the Corcept Therapeutics Inc. (CORT) position by 67.22%, then raised it another 50.24% in the first quarter. The stock has a total weight of 0.49% in the portfolio.
The company, which develops drugs for the treatment of severe metabolic, psychiatric and oncologic disorders, has a market cap of $1.60 billion. Its revenue of $33.01 billion has climbed at an average annual rate of 58.80% over the last five years.
Other notable guru shareholders of the company include Simons’ firm with 6.78% of outstanding shares, Paul Tudor Jones (Trades, Portfolio) with 0.14% and Joel Greenblatt (Trades, Portfolio)’s Gotham Asset Management with 0.07%.
Sleep Number
Hussman’s firm bolstered the Sleep Number Corp. (SNBR) position by 1.43% in the fourth quarter and then raised it by 28.17% in the first quarter. The stock has a weight of 0.24% in the portfolio.
The company, which provides beds, bedding and similar, has a market cap of $888.21 million. Its revenue of $1.74 billion has risen at an average annual rate of 21.50% over the last five years.
The largest guru shareholder of the company is Lee Ainslie (Trades, Portfolio)’s Maverick Capital with 0.98% of outstanding shares, followed by Greenblatt with 0.21% and Jones with 0.17%.
Starbucks
In the fourth quarter, the guru added to the Starbucks Corp. (SBUX) position by 24.39%, then raised it by 10.2% in the first quarter. The stock has a weight of 1% in the portfolio.
The cafe chain has a market cap of $88.65 billion. Its revenue of $26.66 billion has grown at an average annual rate of 13.80% over the last five years.
The largest guru shareholder of the company is Bill Ackman (Trades, Portfolio)’s Pershing Square with 0.47% of outstanding shares, followed by Renaissance Technologies with 0.42% and Ken Fisher (Trades, Portfolio) with 0.28%.
Ubiquiti
The guru raised the Ubiquiti Inc. (UI) position by 1.75% in the fourth quarter and then bolstered it by 0.74% in the first quarter. The stock has a weight of 0.78% in the portfolio.
The company, which provides wireless and wireline network equipment, has a market cap of $11.99 billion. Its revenue of $1.25 billion has risen at an average annual rate of 22% over the last five years.
The largest guru shareholder of the company is Simons’ firm with 0.96% of outstanding shares, followed by Maverick Capital with 0.09% and Hussman’s firm with 0.03%.
Disclosure: I do not own any stocks mentioned.
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