Glenn Greenberg (Trades, Portfolio)'s Brave Warrior Advisors, LLC manages a $2.01 billion equity portfolio composed of 21 stocks as of the quarter's end. The firm sold shares of the following stocks during the second quarter.
UnitedHealth
The fund reduced its position in UnitedHealth Group Inc. (UNH) by 37.1%. The trade had an impact of -1.4% on the portfolio.
The private provider of health insurance has a market cap of $293 billion and an enterprise value of $316 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 29.86% and return on assets of 9.54% are outperforming 73% of companies in the healthcare plans industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.56 is below the industry median of 0.56.
The largest guru shareholder of the company is the Vanguard Health Care fund with 0.96% of outstanding shares, followed by Dodge & Cox with 0.70% and Steve Mandel (Trades, Portfolio)'s Lone Pine Capital with 0.32%.
Anthem
The fund's Anthem Inc. (ANTM) position was cut by 11.88%. The portfolio was impacted by -1.36%.
The health insurance organization has a market cap of $68 billion and an enterprise value of $83.41 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 18.49% and return on assets of 7.37% are outperforming 57% of companies in the healthcare plans industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.28 is below the industry median of 0.56.
The largest guru shareholder of the company is the Vanguard Health Care Fund (Trades, Portfolio) with 1.86% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 0.86%.
Lennar
The fund trimmed its position in Lennar Corp. (LEN) by 27.97%. The portfolio was impacted by -1.03%.
The U.S. homebuilder has a market cap of $23.48 billion and an enterprise value of 30.12 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 13.16% and return on assets of 7.16% are outperforming 63% of companies in the homebuilding and construction industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.27 is below the industry median of 0.48.
The largest guru shareholder is Barrow, Hanley, Mewhinney & Strauss with 2.04% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.41%.
Charles Schwab
The fund trimmed its Charles Schwab Corp. (SCHW) holding by 23.59%, impacting the portfolio by -0.86%.
The U.S. broker has a market cap of $45.64 billion and an enterprise value of $25.86 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the return on equity of 12.72% is outperforming the sector, return on assets of 1.01% is underperforming 52% of companies in the capital markets industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 3.94 is above the industry median of 2.53.
The largest guru shareholder of the company is Dodge & Cox with 7.43% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 2.23% and Al Gore (Trades, Portfolio) with 2.06%.
Alphabet
The investment fund trimmed its holding of Alphabet Inc. (GOOGL) by 6.56%. The portfolio was impacted by -0.77%.
The holding has a market cap of $1.12 trillion and an enterprise value of $1.02 trillion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 15.77% and return on assets of 11.7% are outperforming 75% of companies in the interactive media industry. Its financial strength is rated 9 out of 10. The cash-debt ratio of 7.5 is above the industry median of 4.56.
The largest guru shareholder is PRIMECAP Management (Trades, Portfolio) with 0.24% of outstanding shares, followed by Fisher with 0.23%.
D.R. Horton
The investment fund curbed its D.R. Horton Inc. (DHI) position by 19%. The trade had an impact of -0.61% on the portfolio.
The U.S. homebuilder has a market cap of $26.94 billion and an enterprise value of $29.2 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 19.94% and return on assets of 12.46% are outperforming 81% of companies in the homebuilding and construction industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.54 is above the industry median of 0.48.
The largest guru shareholder of the company is George Soros (Trades, Portfolio) with 0.49% of outstanding shares, followed by Greenberg with 0.36%.
Antero
The investment fund exited its holding in Antero Resources Corp. (AR). The portfolio was impacted by -0.35%.
The producer of natural gas and related liquids has a market cap of $937 million and enterprise value of $7.32 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of -30.48% and return on assets of -14.06% are underperforming 78% of companies in the oil and gas industry. Its financial strength is rated 2 out of 10 with an equity-asset ratio of 0.45.
The largest guru shareholder of the company is Alan Fournier (Trades, Portfolio)'s Pennant Investors with 1.20% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.04%.
Disclosure: I do not own any stocks mentioned.
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