Northeast Investment Management Buys Alibaba Group Holding, Zoom Video Communications Inc, DocuSign Inc, Sells Discovery Inc, Vanguard FTSE Developed Markets, Chevron Corp

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May 13, 2020
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Boston, MA, based Investment company Northeast Investment Management (Current Portfolio) buys Alibaba Group Holding, Zoom Video Communications Inc, DocuSign Inc, Tesla Inc, Schlumberger, sells Discovery Inc, Vanguard FTSE Developed Markets, Chevron Corp, Vanguard FTSE Emerging Markets, Vanguard FTSE All World Ex US during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Northeast Investment Management. As of 2020Q1, Northeast Investment Management owns 156 stocks with a total value of $1.1 billion. These are the details of the buys and sells.

For the details of NORTHEAST INVESTMENT MANAGEMENT's stock buys and sells, go to https://www.gurufocus.com/guru/northeast+investment+management/current-portfolio/portfolio

These are the top 5 holdings of NORTHEAST INVESTMENT MANAGEMENT
  1. Amazon.com Inc (AMZN) - 31,432 shares, 5.64% of the total portfolio. Shares reduced by 3.45%
  2. Apple Inc (AAPL) - 238,523 shares, 5.58% of the total portfolio. Shares reduced by 4.01%
  3. Visa Inc (V) - 307,335 shares, 4.55% of the total portfolio. Shares reduced by 5.5%
  4. American Tower Corp (AMT) - 185,470 shares, 3.71% of the total portfolio. Shares reduced by 1.17%
  5. Microsoft Corp (MSFT) - 250,034 shares, 3.63% of the total portfolio. Shares reduced by 0.75%
New Purchase: Zoom Video Communications Inc (ZM)

Northeast Investment Management initiated holding in Zoom Video Communications Inc. The purchase prices were between $67.28 and $159.56, with an estimated average price of $97.73. The stock is now traded at around $167.14. The impact to a portfolio due to this purchase was 0.06%. The holding were 4,305 shares as of .

New Purchase: DocuSign Inc (DOCU)

Northeast Investment Management initiated holding in DocuSign Inc. The purchase prices were between $68.68 and $92.4, with an estimated average price of $80.34. The stock is now traded at around $119.07. The impact to a portfolio due to this purchase was 0.04%. The holding were 4,217 shares as of .

New Purchase: Tesla Inc (TSLA)

Northeast Investment Management initiated holding in Tesla Inc. The purchase prices were between $361.22 and $917.42, with an estimated average price of $619.73. The stock is now traded at around $790.96. The impact to a portfolio due to this purchase was 0.03%. The holding were 587 shares as of .

New Purchase: iShares Select Dividend ETF (DVY)

Northeast Investment Management initiated holding in iShares Select Dividend ETF. The purchase prices were between $61.82 and $105.84, with an estimated average price of $94.35. The stock is now traded at around $74.68. The impact to a portfolio due to this purchase was 0.02%. The holding were 3,454 shares as of .

New Purchase: SPDR Bloomberg Barclays 1-3 Month T-Bill (BIL)

Northeast Investment Management initiated holding in SPDR Bloomberg Barclays 1-3 Month T-Bill. The purchase prices were between $91.18 and $91.59, with an estimated average price of $91.37. The stock is now traded at around $91.54. The impact to a portfolio due to this purchase was 0.02%. The holding were 2,200 shares as of .

New Purchase: Alerian MLP (AMLP)

Northeast Investment Management initiated holding in Alerian MLP. The purchase prices were between $2.73 and $8.4, with an estimated average price of $6.48. The stock is now traded at around $4.60. The impact to a portfolio due to this purchase was 0.01%. The holding were 25,000 shares as of .

Added: Alibaba Group Holding Ltd (BABA)

Northeast Investment Management added to a holding in Alibaba Group Holding Ltd by 46.34%. The purchase prices were between $176.34 and $230.48, with an estimated average price of $209.23. The stock is now traded at around $199.46. The impact to a portfolio due to this purchase was 0.07%. The holding were 11,612 shares as of .

Added: Vanguard Short-Term Corporate Bond ETF (VCSH)

Northeast Investment Management added to a holding in Vanguard Short-Term Corporate Bond ETF by 78.06%. The purchase prices were between $71.75 and $82.34, with an estimated average price of $80.57. The stock is now traded at around $81.11. The impact to a portfolio due to this purchase was 0.02%. The holding were 5,623 shares as of .

Added: Schlumberger Ltd (SLB)

Northeast Investment Management added to a holding in Schlumberger Ltd by 136.12%. The purchase prices were between $12.05 and $40.82, with an estimated average price of $29.34. The stock is now traded at around $15.85. The impact to a portfolio due to this purchase was 0.02%. The holding were 29,692 shares as of .

Added: Weyerhaeuser Co (WY)

Northeast Investment Management added to a holding in Weyerhaeuser Co by 68.70%. The purchase prices were between $13.47 and $31.3, with an estimated average price of $26.5. The stock is now traded at around $17.05. The impact to a portfolio due to this purchase was 0.02%. The holding were 29,430 shares as of .

Added: Comcast Corp (CMCSA)

Northeast Investment Management added to a holding in Comcast Corp by 23.34%. The purchase prices were between $33.37 and $47.5, with an estimated average price of $42.37. The stock is now traded at around $34.97. The impact to a portfolio due to this purchase was 0.01%. The holding were 11,040 shares as of .

Added: KKR & Co Inc (KKR)

Northeast Investment Management added to a holding in KKR & Co Inc by 28.81%. The purchase prices were between $18.5 and $33.93, with an estimated average price of $28.84. The stock is now traded at around $24.37. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 9,059 shares as of .

Sold Out: EOG Resources Inc (EOG)

Northeast Investment Management sold out a holding in EOG Resources Inc. The sale prices were between $29.76 and $89.29, with an estimated average price of $65.76.

Sold Out: Viper Energy Partners LP (VNOM)

Northeast Investment Management sold out a holding in Viper Energy Partners LP. The sale prices were between $5.18 and $26.66, with an estimated average price of $18.44.

Sold Out: Welltower Inc (WELL)

Northeast Investment Management sold out a holding in Welltower Inc. The sale prices were between $33.22 and $89.84, with an estimated average price of $74.34.

Sold Out: Diamondback Energy Inc (FANG)

Northeast Investment Management sold out a holding in Diamondback Energy Inc. The sale prices were between $15.56 and $96.42, with an estimated average price of $64.05.

Sold Out: Raytheon Co (RTN)

Northeast Investment Management sold out a holding in Raytheon Co. The sale prices were between $112.61 and $232.31, with an estimated average price of $199.29.

Sold Out: Dow Inc (DOW)

Northeast Investment Management sold out a holding in Dow Inc. The sale prices were between $22 and $54.73, with an estimated average price of $42.95.

Reduced: Discovery Inc (DISCA)

Northeast Investment Management reduced to a holding in Discovery Inc by 94.4%. The sale prices were between $18.49 and $32.77, with an estimated average price of $27.65. The stock is now traded at around $19.13. The impact to a portfolio due to this sale was -0.51%. Northeast Investment Management still held 12,466 shares as of .

Reduced: Vanguard FTSE Developed Markets (VEA)

Northeast Investment Management reduced to a holding in Vanguard FTSE Developed Markets by 46.16%. The sale prices were between $28.78 and $44.66, with an estimated average price of $40.48. The stock is now traded at around $35.11. The impact to a portfolio due to this sale was -0.43%. Northeast Investment Management still held 155,846 shares as of .

Reduced: Chevron Corp (CVX)

Northeast Investment Management reduced to a holding in Chevron Corp by 32.29%. The sale prices were between $54.22 and $121.43, with an estimated average price of $99.58. The stock is now traded at around $88.70. The impact to a portfolio due to this sale was -0.41%. Northeast Investment Management still held 96,787 shares as of .

Reduced: Vanguard FTSE Emerging Markets (VWO)

Northeast Investment Management reduced to a holding in Vanguard FTSE Emerging Markets by 27.55%. The sale prices were between $30.46 and $45.91, with an estimated average price of $41.1. The stock is now traded at around $36.10. The impact to a portfolio due to this sale was -0.24%. Northeast Investment Management still held 190,036 shares as of .

Reduced: 3M Co (MMM)

Northeast Investment Management reduced to a holding in 3M Co by 21.1%. The sale prices were between $117.87 and $181.37, with an estimated average price of $158.06. The stock is now traded at around $136.12. The impact to a portfolio due to this sale was -0.16%. Northeast Investment Management still held 46,216 shares as of .

Reduced: Vanguard FTSE All World Ex US (VEU)

Northeast Investment Management reduced to a holding in Vanguard FTSE All World Ex US by 24.56%. The sale prices were between $35.86 and $54.78, with an estimated average price of $49.6. The stock is now traded at around $43.14. The impact to a portfolio due to this sale was -0.16%. Northeast Investment Management still held 126,616 shares as of .



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