Letko, Brosseau & Associates Inc Buys Open Text Corp, Invesco, Alphabet Inc, Sells Hewlett Packard Enterprise Co, Goodyear Tire & Rubber Co, Precision Drilling Corp

Author's Avatar
Aug 07, 2020
Article's Main Image
Montreal, A8, based Investment company Letko, Brosseau & Associates Inc (Current Portfolio) buys Open Text Corp, Invesco, Alphabet Inc, Eastman Chemical Co, Alibaba Group Holding, sells Hewlett Packard Enterprise Co, Goodyear Tire & Rubber Co, Precision Drilling Corp, FedEx Corp during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Letko, Brosseau & Associates Inc. As of 2020Q2, Letko, Brosseau & Associates Inc owns 99 stocks with a total value of $6.8 billion. These are the details of the buys and sells.

For the details of LETKO, BROSSEAU & ASSOCIATES INC's stock buys and sells, go to https://www.gurufocus.com/guru/letko%2C+brosseau+%26+associates+inc/current-portfolio/portfolio

These are the top 5 holdings of LETKO, BROSSEAU & ASSOCIATES INC
  1. Bank of Nova Scotia (BNS) - 6,547,078 shares, 3.99% of the total portfolio. Shares reduced by 6.8%
  2. BCE Inc (BCE) - 6,483,352 shares, 3.98% of the total portfolio. Shares added by 5.50%
  3. TELUS Corp (TU) - 15,228,921 shares, 3.76% of the total portfolio. Shares reduced by 0.49%
  4. The Toronto-Dominion Bank (TD) - 5,654,476 shares, 3.72% of the total portfolio. Shares reduced by 7.6%
  5. Manulife Financial Corp (MFC) - 18,482,840 shares, 3.71% of the total portfolio. Shares reduced by 6.91%
New Purchase: Open Text Corp (OTEX)

Letko, Brosseau & Associates Inc initiated holding in Open Text Corp. The purchase prices were between $34 and $43.69, with an estimated average price of $39.53. The stock is now traded at around $45.76. The impact to a portfolio due to this purchase was 0.8%. The holding were 1,282,450 shares as of .

New Purchase: Skechers USA Inc (SKX)

Letko, Brosseau & Associates Inc initiated holding in Skechers USA Inc. The purchase prices were between $21.61 and $36.74, with an estimated average price of $28.57. The stock is now traded at around $28.31. The impact to a portfolio due to this purchase was 0.18%. The holding were 379,200 shares as of .

New Purchase: Shaw Communications Inc (SJR)

Letko, Brosseau & Associates Inc initiated holding in Shaw Communications Inc. The purchase prices were between $15.41 and $18.27, with an estimated average price of $16.49. The stock is now traded at around $18.55. The impact to a portfolio due to this purchase was 0.03%. The holding were 135,475 shares as of .

New Purchase: Portola Pharmaceuticals Inc (PTLA)

Letko, Brosseau & Associates Inc initiated holding in Portola Pharmaceuticals Inc. The purchase prices were between $6.41 and $17.99, with an estimated average price of $13.76. The stock is now traded at around $18.03. The impact to a portfolio due to this purchase was 0.02%. The holding were 82,000 shares as of .

New Purchase: Myovant Sciences Ltd (MYOV)

Letko, Brosseau & Associates Inc initiated holding in Myovant Sciences Ltd. The purchase prices were between $7.34 and $20.84, with an estimated average price of $13.44. The stock is now traded at around $15.42. The impact to a portfolio due to this purchase was 0.02%. The holding were 51,500 shares as of .

New Purchase: Heron Therapeutics Inc (HRTX)

Letko, Brosseau & Associates Inc initiated holding in Heron Therapeutics Inc. The purchase prices were between $10.89 and $21.47, with an estimated average price of $16.36. The stock is now traded at around $15.70. The impact to a portfolio due to this purchase was 0.01%. The holding were 45,000 shares as of .

Added: Invesco Ltd (IVZ)

Letko, Brosseau & Associates Inc added to a holding in Invesco Ltd by 269.57%. The purchase prices were between $6.7 and $11.55, with an estimated average price of $8.96. The stock is now traded at around $10.40. The impact to a portfolio due to this purchase was 0.55%. The holding were 4,716,259 shares as of .

Added: Alphabet Inc (GOOG)

Letko, Brosseau & Associates Inc added to a holding in Alphabet Inc by 61.08%. The purchase prices were between $1097.88 and $1465.85, with an estimated average price of $1345.56. The stock is now traded at around $1511.00. The impact to a portfolio due to this purchase was 0.27%. The holding were 33,579 shares as of .

Added: Eastman Chemical Co (EMN)

Letko, Brosseau & Associates Inc added to a holding in Eastman Chemical Co by 23.68%. The purchase prices were between $45.09 and $77.34, with an estimated average price of $62.74. The stock is now traded at around $71.18. The impact to a portfolio due to this purchase was 0.2%. The holding were 1,036,136 shares as of .

Added: Alibaba Group Holding Ltd (BABA)

Letko, Brosseau & Associates Inc added to a holding in Alibaba Group Holding Ltd by 244.00%. The purchase prices were between $187.11 and $228.75, with an estimated average price of $207.72. The stock is now traded at around $256.65. The impact to a portfolio due to this purchase was 0.19%. The holding were 86,000 shares as of .

Added: Tenet Healthcare Corp (THC)

Letko, Brosseau & Associates Inc added to a holding in Tenet Healthcare Corp by 28.41%. The purchase prices were between $11.89 and $25.8, with an estimated average price of $19.67. The stock is now traded at around $29.55. The impact to a portfolio due to this purchase was 0.17%. The holding were 2,918,175 shares as of .

Added: TC Energy Corp (TRP)

Letko, Brosseau & Associates Inc added to a holding in TC Energy Corp by 1030.83%. The purchase prices were between $40.81 and $48.6, with an estimated average price of $44.86. The stock is now traded at around $47.96. The impact to a portfolio due to this purchase was 0.12%. The holding were 199,875 shares as of .

Sold Out: FedEx Corp (FDX)

Letko, Brosseau & Associates Inc sold out a holding in FedEx Corp. The sale prices were between $107.52 and $149.38, with an estimated average price of $125.55.



Here is the complete portfolio of LETKO, BROSSEAU & ASSOCIATES INC. Also check out:

1. LETKO, BROSSEAU & ASSOCIATES INC's Undervalued Stocks
2. LETKO, BROSSEAU & ASSOCIATES INC's Top Growth Companies, and
3. LETKO, BROSSEAU & ASSOCIATES INC's High Yield stocks
4. Stocks that LETKO, BROSSEAU & ASSOCIATES INC keeps buying