When Warren Buffett disolved his limited partnership in 1960s, he directed his clients to Bill Ruane. That was when value firm Ruane Cunniff & Goldfarb Inc was founded. This is the updates of their buys and sells during the second quarter of 2007.
Ruane Cunniff buys Whole Foods Market Inc., Kaiser Aluminum Corp., Chesapeake Energy Corp., Graco Inc., Petroleum Development Corp., Caterpillar Inc., Kraft Foods Inc., eLong Inc., 51job Inc., Research in Motion Ltd., sells Petroleo Brasileiro S.A.Petrobras, Genentech Inc., Dell Inc., The PNC Financial Services Group Inc., Amazon.com Inc., SLM Corp., Medco Health Solutions Inc., Marshall & Ilsley Corp., Patterson Companies Inc., Liz Claiborne Inc., Netflix Inc., Anglo American plc, Covidien Ltd., CBS Corp., Tyco Electronics Ltd. during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Ruane & Cunniff & Goldfarb Inc. Ruane Cunniff owns 223 stocks with a total value of $12.4 billion. These are the details of the buys and sells.
New Purchases: CAT, CHK, GGG, JOBS, KALU, KFT, LONG, PETD, WFMI,
Added Positions: BER, BK, CHRW, CMCSK, RHI, SEIC, STT, TYC, ULTI, VNO,
Reduced Positions: APOL, DISH, DW, FMT, GTRC, LEND, MA, MCF, OZRK, PGR, POOL, TIF, WPO,
Sold Out: AAUK, AMZN, CBS, DELL, DNA, LIZ, MHS, MI, NFLX, PBR, PDCO, PNC, SLM,
Added: Robert Half International Inc. (RHI, Financial)
Ruane Cunniff added to his holdings in Business Support Services company Robert Half International Inc. by 5475%. His purchase prices were between $33.91 and $37.03, with an estimated average price of $35.2. The impact to his portfolio due to this purchase was 0.16%. His holdings were 557,500 shares as of 06/30/2007.
Robert Half International, Inc. provides specialized staffing and risk consulting services. It operates in three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. Robert Half International Inc. has a market cap of $5.25 billion, its shares were traded at around $32.14 with with P/E ratio of 18.39 and P/S ratio of 1.22.
Added: Vornado Realty Trust (VNO, Financial)
Ruane Cunniff added to his holdings in Real Estate Holding & Development company Vornado Realty Trust by 1964.09%. His purchase prices were between $108.37 and $120.21, with an estimated average price of $115.7. The impact to his portfolio due to this purchase was 0.07%. His holdings were 73,564 shares as of 06/30/2007. Vornado Realty Trust has a market cap of $16.21 billion, its shares were traded at around $107.56 with with P/E ratio of 31.55 and P/S ratio of 4.90.
Added: W.R. Berkley Corp. (BER, Financial)
Ruane Cunniff added to his holdings in Property & Casualty Insurance company W.R. Berkley Corp. by 2570%. His purchase prices were between $32.27 and $33.52, with an estimated average price of $32.8. The impact to his portfolio due to this purchase was 0.07%. His holdings were 267,000 shares as of 06/30/2007.
W. R. Berkley Corporation, through its subsidiaries, operates property casualty insurance business in the United States and internationally. It has four segments: Specialty, Regional, Alternative Markets, and Reinsurance. W.R. Berkley Corp. has a market cap of $5.49 billion, its shares were traded at around $29.91 with with P/E ratio of 7.91 and P/S ratio of 1.02.
Added: C.H. Robinson Worldwide Inc. (CHRW, Financial)
Ruane Cunniff added to his holdings in Trucking company C.H. Robinson Worldwide Inc. by 156.37%. His purchase prices were between $48.67 and $55.12, with an estimated average price of $52.6. The impact to his portfolio due to this purchase was 0.04%. His holdings were 166,182 shares as of 06/30/2007. C.H. Robinson Worldwide Inc. has a market cap of $8.42 billion, its shares were traded at around $49.18 with with P/E ratio of 28.64 and P/S ratio of 1.24.
Added: Ultimate Software Group Inc. (ULTI, Financial)
Ruane Cunniff added to his holdings in Software company Ultimate Software Group Inc. by 37.04%. His purchase prices were between $26.68 and $30.06, with an estimated average price of $28.3. The impact to his portfolio due to this purchase was 0.03%. His holdings were 411,107 shares as of 06/30/2007.
The Ultimate Software Group, Inc. engages in the design, marketing, implementation, and support of human resources, payroll, and talent management solutions in the United States. Ultimate Software Group Inc. has a market cap of $778.66 million, its shares were traded at around $31.9 with with P/E ratio of 79.09 and P/S ratio of 5.93.
Added: State Street Corp. (STT, Financial)
Ruane Cunniff added to his holdings in Investment Services company State Street Corp. by 113.96%. His purchase prices were between $66.37 and $69.61, with an estimated average price of $68.2. The impact to his portfolio due to this purchase was 0.01%. His holdings were 22,530 shares as of 06/30/2007.
State Street Corporation, through its subsidiaries, provides a range of products and services for institutional investors worldwide. It operates in two divisions, Investment Servicing and Investment Management. State Street Corp. has a market cap of $24.8 billion, its shares were traded at around $63.07 with with P/E ratio of 16.95 and P/S ratio of 3.64.
Added: SEI Investments Company (SEIC, Financial)
Ruane Cunniff added to his holdings in Investment Services company SEI Investments Company by 93.75%. His purchase prices were between $28.66 and $31.86, with an estimated average price of $30.1. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 31,000 shares as of 06/30/2007. SEI Investments Company has a market cap of $5.03 billion, its shares were traded at around $26.15 with with P/E ratio of 20.39 and P/S ratio of 4.00.
Added: Tyco International Ltd. (TYC, Financial)
Ruane Cunniff added to his holdings in Diversified Industrials company Tyco International Ltd. by 299.64%. His purchase prices were between $108.72 and $116.42, with an estimated average price of $112.1. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 7,785 shares as of 06/30/2007. Tyco International Ltd. has a market cap of $21.53 billion, its shares were traded at around $43.41 with with P/S ratio of 0.51.
Added: The Bank of New York Mellon Corp. (BK, Financial)
Ruane Cunniff added to his holdings in Banks company The Bank of New York Mellon Corp. by 59.76%. His purchase prices were between $41.77 and $44.43, with an estimated average price of $43. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,593 shares as of 06/30/2007. The Bank of New York Mellon Corp. has a market cap of $31.81 billion, its shares were traded at around $42.01 with with P/E ratio of 10.62 and P/S ratio of 4.27.
Added: Comcast Corp. Special (CMCSK, Financial)
Ruane Cunniff added to his holdings in Broadcasting & Entertainment company Comcast Corp. Special by 72.36%. His purchase prices were between $26.02 and $27.91, with an estimated average price of $27. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 14,463 shares as of 06/30/2007.
No business summary available for CMCSK. Comcast Corp. Special has a market cap of $ million, its shares were traded at around $24.88 with .
New Purchase: Whole Foods Market Inc. (WFMI, Financial)
Ruane Cunniff initiated holdings in Food Retailers & Wholesalers company Whole Foods Market Inc.. His purchase prices were between $38.12 and $47.29, with an estimated average price of $41.9. The impact to his portfolio due to this purchase was 0.98%. His holdings were 3,178,838 shares as of 06/30/2007. Whole Foods Market Inc. has a market cap of $6.02 billion, its shares were traded at around $43.53 with with P/E ratio of 32.76 and P/S ratio of 0.99.
New Purchase: Kaiser Aluminum Corp. (KALU)
Ruane Cunniff initiated holdings in Aluminum company Kaiser Aluminum Corp.. His purchase prices were between $72.82 and $88.47, with an estimated average price of $77.7. The impact to his portfolio due to this purchase was 0.41%. His holdings were 698,710 shares as of 06/30/2007.
Kaiser Aluminum Corporation, a fabricated aluminum products manufacturing company, manufactures fabricated aluminum products primarily in the United States. Kaiser Aluminum Corp. has a market cap of $1.31 billion, its shares were traded at around $62.53 with with P/E ratio of 0.40 and P/S ratio of 0.89.
New Purchase: Chesapeake Energy Corp. (CHK)
Ruane Cunniff initiated holdings in Exploration & Production company Chesapeake Energy Corp.. His purchase prices were between $32.45 and $37.25, with an estimated average price of $34.7. The impact to his portfolio due to this purchase was 0.08%. His holdings were 299,000 shares as of 06/30/2007.
Chesapeake Energy Corporation, an oil and natural gas exploration and production company, engages in the acquisition, exploration, and development of properties for the production of crude oil and natural gas from underground reservoirs. Chesapeake Energy Corp. has a market cap of $15.5 billion, its shares were traded at around $32.51 with with P/E ratio of 9.16 and P/S ratio of 2.06.
New Purchase: Graco Inc. (GGG)
Ruane Cunniff initiated holdings in Electronic Equipment company Graco Inc.. His purchase prices were between $38.22 and $41.03, with an estimated average price of $39.7. The impact to his portfolio due to this purchase was 0.05%. His holdings were 167,025 shares as of 06/30/2007.
Graco, Inc. provides fluid handling systems and components. The company's products move, measure, control, dispense, and apply a range of fluids and viscous materials used in vehicle lubrication, commercial, and industrial settings. Graco Inc. has a market cap of $2.58 billion, its shares were traded at around $40.34 with with P/E ratio of 17.78 and P/S ratio of 3.16.
New Purchase: Petroleum Development Corp. (PETD)
Ruane Cunniff initiated holdings in Oil Equipment & Services company Petroleum Development Corp.. His purchase prices were between $46.4 and $54.11, with an estimated average price of $51. The impact to his portfolio due to this purchase was 0.04%. His holdings were 94,573 shares as of 06/30/2007. Petroleum Development Corp. has a market cap of $569.55 million, its shares were traded at around $38.15 with with P/E ratio of 2.41 and P/S ratio of 2.09.
New Purchase: Caterpillar Inc. (CAT)
Ruane Cunniff initiated holdings in Commercial Vehicles & Trucks company Caterpillar Inc.. His purchase prices were between $66.22 and $80.77, with an estimated average price of $74.7. The impact to his portfolio due to this purchase was 0.04%. His holdings were 61,729 shares as of 06/30/2007.
Caterpillar, Inc. manufactures construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company operates in three business lines: Machinery, Engines, and Financial Products. Caterpillar Inc. has a market cap of $48.05 billion, its shares were traded at around $75.3 with with P/E ratio of 15.29 and P/S ratio of 1.12.
New Purchase: Kraft Foods Inc. (KFT)
Ruane Cunniff initiated holdings in Food Products company Kraft Foods Inc.. His purchase prices were between $31.36 and $36, with an estimated average price of $33.6. The impact to his portfolio due to this purchase was 0.02%. His holdings were 62,724 shares as of 06/30/2007.
Kraft Foods, Inc., through its subsidiaries, engages in the manufacture and sale of packaged foods and beverages in the United States, Canada, Europe, Latin America, Asia Pacific, Africa, and the Middle East. Kraft Foods Inc. has a market cap of $50.61 billion, its shares were traded at around $32.06 with with P/E ratio of 18.88 and P/S ratio of 1.43.
New Purchase: eLong Inc. (LONG)
Ruane Cunniff initiated holdings in Specialized Consumer Services company eLong Inc.. His purchase prices were between $9.26 and $10.23, with an estimated average price of $9.8. The impact to his portfolio due to this purchase was 0.01%. His holdings were 100,500 shares as of 06/30/2007. eLong Inc. has a market cap of $228.79 million, its shares were traded at around $9.01 with with P/S ratio of 6.02.
New Purchase: 51job Inc. (JOBS)
Ruane Cunniff initiated holdings in Business Support Services company 51job Inc.. His purchase prices were between $16.1 and $18.42, with an estimated average price of $17.5. The impact to his portfolio due to this purchase was 0.01%. His holdings were 85,631 shares as of 06/30/2007. 51job Inc. has a market cap of $501.19 million, its shares were traded at around $17.84 with with P/E ratio of 34.72 and P/S ratio of 5.28.
Reduced: The Progressive Corp. (PGR)
Ruane Cunniff reduced to his holdings in Property & Casualty Insurance company The Progressive Corp. by 39.57%. His sale prices were between $21.96 and $23.8, with an estimated average price of $23.2. The impact to his portfolio due to this sale was 5.54%. Ruane Cunniff still held 39,995,547 shares as of 06/30/2007.
The Progressive Corporation, through its subsidiaries, provides personal and commercial automobile insurance and other specialty property-casualty insurance products and related services in the United States. The Progressive Corp. has a market cap of $16.4 billion, its shares were traded at around $22.82 with with P/E ratio of 11.74 and P/S ratio of 1.12.
Reduced: MasterCard Inc. (MA)
Ruane Cunniff reduced to his holdings in Consumer Finance company MasterCard Inc. by 26.89%. His sale prices were between $107.91 and $168.28, with an estimated average price of $136.6. The impact to his portfolio due to this sale was 1.62%. Ruane Cunniff still held 1,538,063 shares as of 06/30/2007.
MasterCard Incorporated, along with its subsidiaries, operates as a payment solutions company. The company develops and markets payment solutions, processes payment transactions, and provides consulting services to customers and merchants. MasterCard Inc. has a market cap of $19.23 billion, its shares were traded at around $144.82 with with P/E ratio of 27.71 and P/S ratio of 5.36.
Reduced: EchoStar Communications Corp. (DISH)
Ruane Cunniff reduced to his holdings in Broadcasting & Entertainment company EchoStar Communications Corp. by 52.51%. His sale prices were between $43.29 and $49.24, with an estimated average price of $46.3. The impact to his portfolio due to this sale was 0.15%. Ruane Cunniff still held 650,000 shares as of 06/30/2007. EchoStar Communications Corp. has a market cap of $17.99 billion, its shares were traded at around $39.18 with with P/E ratio of 26.73 and P/S ratio of 1.68.
Reduced: Accredited Home Lenders Holding Co. (LEND)
Ruane Cunniff reduced to his holdings in Mortgage Finance company Accredited Home Lenders Holding Co. by 26.1%. His sale prices were between $9.3 and $14.7, with an estimated average price of $12.5. The impact to his portfolio due to this sale was 0.12%. Ruane Cunniff still held 1,324,802 shares as of 06/30/2007.
Accredited Home Lenders Holding Co. and its subsidiaries operate as a mortgage banking company in the United States and Canada. It originates, finances, securitizes, services, and sells nonprime mortgage loans secured by residential real estate. Accredited Home Lenders Holding Co. has a market cap of $160.29 million, its shares were traded at around $6.1 with with P/S ratio of 0.36.
Reduced: Contango Oil and Gas Co (MCF)
Ruane Cunniff reduced to his holdings in Exploration & Production company Contango Oil and Gas Co by 45.15%. His sale prices were between $27.3 and $39.35, with an estimated average price of $32.7. The impact to his portfolio due to this sale was 0.05%. Ruane Cunniff still held 252,650 shares as of 06/30/2007.
Contango Oil & Gas Company engages in the exploration, development, production, and acquisition of natural gas and oil properties primarily offshore in the Gulf of Mexico and in the Arkansas Fayetteville Shale. Contango Oil and Gas Co has a market cap of $562.79 million, its shares were traded at around $36.48 with with P/S ratio of 72.17.
Reduced: Bank of the Ozarks (OZRK)
Ruane Cunniff reduced to his holdings in Banks company Bank of the Ozarks by 63.67%. His sale prices were between $28.03 and $30.48, with an estimated average price of $29. The impact to his portfolio due to this sale was 0.03%. Ruane Cunniff still held 239,383 shares as of 06/30/2007. Bank of the Ozarks has a market cap of $524.90 million, its shares were traded at around $32.02 with with P/E ratio of 16.99 and P/S ratio of 5.79.
Reduced: Apollo Group Inc. (APOL)
Ruane Cunniff reduced to his holdings in Specialized Consumer Services company Apollo Group Inc. by 97.06%. His sale prices were between $43.82 and $50.78, with an estimated average price of $47.9. The impact to his portfolio due to this sale was 0.02%. Ruane Cunniff still held 73,360 shares as of 06/30/2007. Apollo Group Inc. has a market cap of $10.01 billion, its shares were traded at around $57.73 with with P/E ratio of 26.43 and P/S ratio of 3.80.
Reduced: The Washington Post Company (WPO)
Ruane Cunniff reduced to his holdings in Publishing company The Washington Post Company by 82.79%. His sale prices were between $742.25 and $773.37, with an estimated average price of $760.1. The impact to his portfolio due to this sale was 0.02%. Ruane Cunniff still held 4,348 shares as of 06/30/2007.
The Washington Post Company, together with its subsidiaries, operates as a diversified media and education company in the United States and internationally. The Washington Post Company has a market cap of $7.3 billion, its shares were traded at around $779.59 with with P/E ratio of 24.41 and P/S ratio of 1.84.
Reduced: Guitar Center Inc. (GTRC)
Ruane Cunniff reduced to his holdings in Specialty Retailers company Guitar Center Inc. by 95.5%. His sale prices were between $45.19 and $59.81, with an estimated average price of $49.5. The impact to his portfolio due to this sale was 0.01%. Ruane Cunniff still held 39,764 shares as of 06/30/2007.
Guitar Center, Inc., through its subsidiaries, engages in the retail of guitars, amplifiers, percussion instruments, keyboards, and pro-audio and recording equipment in the United States. Guitar Center Inc. has a market cap of $1.72 billion, its shares were traded at around $57.76 with with P/S ratio of 0.79.
Reduced: Tiffany & Co. (TIF)
Ruane Cunniff reduced to his holdings in Specialty Retailers company Tiffany & Co. by 54.05%. His sale prices were between $47.08 and $52.55, with an estimated average price of $49.8. The impact to his portfolio due to this sale was 0.01%. Ruane Cunniff still held 42,968 shares as of 06/30/2007. Tiffany & Co. has a market cap of $6.24 billion, its shares were traded at around $45.53 with with P/E ratio of 24.46 and P/S ratio of 2.28.
Reduced: Drew Industries Inc. (DW)
Ruane Cunniff reduced to his holdings in Building Materials & Fixtures company Drew Industries Inc. by 50.43%. His sale prices were between $28.32 and $35.29, with an estimated average price of $32.4. The impact to his portfolio due to this sale was 0.01%. Ruane Cunniff still held 70,286 shares as of 06/30/2007.
Drew Industries Incorporated, through its subsidiaries, engages in the manufacture and marketing of various components for recreational vehicles (RVs) and manufactured homes in the United States. Drew Industries Inc. has a market cap of $860.64 million, its shares were traded at around $40.43 with with P/E ratio of 26.42 and P/S ratio of 1.30.
Reduced: Pool Corp. (POOL)
Ruane Cunniff reduced to his holdings in Recreational Products company Pool Corp. by 96.77%. His sale prices were between $35.76 and $42.23, with an estimated average price of $39.3. The impact to his portfolio due to this sale was less than 0.01%. Ruane Cunniff still held 13,029 shares as of 06/30/2007. Pool Corp. has a market cap of $1.64 billion, its shares were traded at around $33.94 with with P/E ratio of 20.64 and P/S ratio of 0.85.
Reduced: Fremont General Corp. (FMT)
Ruane Cunniff reduced to his holdings in Banks company Fremont General Corp. by 97.23%. His sale prices were between $6.26 and $12.89, with an estimated average price of $9.6. The impact to his portfolio due to this sale was less than 0.01%. Ruane Cunniff still held 25,923 shares as of 06/30/2007.
Fremont General Corporation operates as the holding company for Fremont Investment & Loan, which engages in residential real estate lending business in the United States. Fremont General Corp. has a market cap of $417.33 million, its shares were traded at around $5.46 with with P/E ratio of 2.42 and P/S ratio of 0.61.
Sold Out: Patterson Companies Inc. (PDCO)
Ruane Cunniff sold out his holdings in Medical Supplies company Patterson Companies Inc.. His sale prices were between $34.3 and $37.59, with an estimated average price of $36.5. The impact to his portfolio due to this sale was less than 0.01%. Patterson Companies Inc. has a market cap of $5.29 billion, its shares were traded at around $38.47 with with P/E ratio of 25.06 and P/S ratio of 1.92.
Sold Out: Amazon.com Inc. (AMZN)
Ruane Cunniff sold out his holdings in Specialty Retailers company Amazon.com Inc.. His sale prices were between $41.68 and $73.24, with an estimated average price of $61.6. The impact to his portfolio due to this sale was less than 0.01%.
Amazon.com, Inc. operates retail Web sites, as well as provides programs that enable third parties to sell products on its Web sites. The company sources and sells a range of products to its customers. Amazon.com Inc. has a market cap of $31.96 billion, its shares were traded at around $78.5 with with P/E ratio of 106.47 and P/S ratio of 2.66.
Sold Out: Dell Inc. (DELL)
Ruane Cunniff sold out his holdings in Computer Hardware company Dell Inc.. His sale prices were between $23.51 and $28.45, with an estimated average price of $26.2. The impact to his portfolio due to this sale was less than 0.01%.
Dell, Inc. and its subsidiaries engage in the design, development, manufacture, marketing, sale, and support of various computer systems and services to customers worldwide. Dell Inc. has a market cap of $60.85 billion, its shares were traded at around $26.96 with .
Sold Out: Anglo American plc (AAUK)
Ruane Cunniff sold out his holdings in General Mining company Anglo American plc. His sale prices were between $26.84 and $31.2, with an estimated average price of $28.8. The impact to his portfolio due to this sale was less than 0.01%.
No business summary available for AAUK. Anglo American plc has a market cap of $ million, its shares were traded at around $27.62 with .
Sold Out: Genentech Inc. (DNA)
Ruane Cunniff sold out his holdings in Biotechnology company Genentech Inc.. His sale prices were between $74.83 and $83.4, with an estimated average price of $79.1. The impact to his portfolio due to this sale was less than 0.01%. Genentech Inc. has a market cap of $77.21 billion, its shares were traded at around $73.09 with with P/E ratio of 30.05 and P/S ratio of 7.03.
Sold Out: CBS Corp. (CBS)
Ruane Cunniff sold out his holdings in Media company CBS Corp.. His sale prices were between $30.82 and $33.48, with an estimated average price of $32.3. The impact to his portfolio due to this sale was less than 0.01%.
No business summary available for CBS. CBS Corp. has a market cap of $ million, its shares were traded at around $31.39 with .
Sold Out: SLM Corp. (SLM)
Ruane Cunniff sold out his holdings in Consumer Finance company SLM Corp.. His sale prices were between $41.44 and $57.54, with an estimated average price of $53.9. The impact to his portfolio due to this sale was less than 0.01%. SLM Corp. has a market cap of $20.54 billion, its shares were traded at around $50.05 with with P/E ratio of 20.03 and P/S ratio of 5.80.
Sold Out: Liz Claiborne Inc. (LIZ)
Ruane Cunniff sold out his holdings in Clothing & Accessories company Liz Claiborne Inc.. His sale prices were between $33.65 and $44.69, with an estimated average price of $38.2. The impact to his portfolio due to this sale was less than 0.01%. Liz Claiborne Inc. has a market cap of $3.53 billion, its shares were traded at around $34.59 with with P/E ratio of 17.89 and P/S ratio of 0.71.
Sold Out: Medco Health Solutions Inc. (MHS)
Ruane Cunniff sold out his holdings in Health Care Providers company Medco Health Solutions Inc.. His sale prices were between $72.39 and $80.4, with an estimated average price of $76.7. The impact to his portfolio due to this sale was less than 0.01%. Medco Health Solutions Inc. has a market cap of $22.9 billion, its shares were traded at around $85 with with P/E ratio of 27.32 and P/S ratio of 0.53.
Sold Out: Marshall & Ilsley Corp. (MI)
Ruane Cunniff sold out his holdings in Banks company Marshall & Ilsley Corp.. His sale prices were between $47.19 and $49.39, with an estimated average price of $48.3. The impact to his portfolio due to this sale was less than 0.01%. Marshall & Ilsley Corp. has a market cap of $11.5 billion, its shares were traded at around $45.5 with with P/E ratio of 13.26 and P/S ratio of 3.30.
Sold Out: The PNC Financial Services Group Inc. (PNC)
Ruane Cunniff sold out his holdings in Banks company The PNC Financial Services Group Inc.. His sale prices were between $71.34 and $75.18, with an estimated average price of $73.1. The impact to his portfolio due to this sale was less than 0.01%.
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It offers retail banking, corporate and institutional banking, asset management, and global fund processing services. The PNC Financial Services Group Inc. has a market cap of $24.56 billion, its shares were traded at around $73 with with P/E ratio of 8.27 and P/S ratio of 4.04.
Sold Out: Netflix Inc. (NFLX)
Ruane Cunniff sold out his holdings in Specialty Retailers company Netflix Inc.. His sale prices were between $19.68 and $24.6, with an estimated average price of $22. The impact to his portfolio due to this sale was less than 0.01%.
Netflix, Inc. provides online movie rental subscription services in the United States. It provides its subscribers access to a library of movie, television, and other filmed entertainment titles on digital versatile disc (DVD). Netflix Inc. has a market cap of $1.16 billion, its shares were traded at around $17.43 with with P/E ratio of 19.23 and P/S ratio of 1.03.
Sold Out: Petroleo Brasileiro S.A.Petrobras (PBR)
Ruane Cunniff sold out his holdings in Exploration & Production company Petroleo Brasileiro S.A.Petrobras. His sale prices were between $51.02 and $60.75, with an estimated average price of $54.6. The impact to his portfolio due to this sale was less than 0.01%.
Petroleo Brasileiro S.A. together with its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks in Brazil. Petroleo Brasileiro S.A.Petrobras has a market cap of $125.84 billion, its shares were traded at around $57.16 with with P/E ratio of 16.56 and P/S ratio of 1.55.
Ruane Cunniff buys Whole Foods Market Inc., Kaiser Aluminum Corp., Chesapeake Energy Corp., Graco Inc., Petroleum Development Corp., Caterpillar Inc., Kraft Foods Inc., eLong Inc., 51job Inc., Research in Motion Ltd., sells Petroleo Brasileiro S.A.Petrobras, Genentech Inc., Dell Inc., The PNC Financial Services Group Inc., Amazon.com Inc., SLM Corp., Medco Health Solutions Inc., Marshall & Ilsley Corp., Patterson Companies Inc., Liz Claiborne Inc., Netflix Inc., Anglo American plc, Covidien Ltd., CBS Corp., Tyco Electronics Ltd. during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Ruane & Cunniff & Goldfarb Inc. Ruane Cunniff owns 223 stocks with a total value of $12.4 billion. These are the details of the buys and sells.
New Purchases: CAT, CHK, GGG, JOBS, KALU, KFT, LONG, PETD, WFMI,
Added Positions: BER, BK, CHRW, CMCSK, RHI, SEIC, STT, TYC, ULTI, VNO,
Reduced Positions: APOL, DISH, DW, FMT, GTRC, LEND, MA, MCF, OZRK, PGR, POOL, TIF, WPO,
Sold Out: AAUK, AMZN, CBS, DELL, DNA, LIZ, MHS, MI, NFLX, PBR, PDCO, PNC, SLM,
Added: Robert Half International Inc. (RHI, Financial)
Ruane Cunniff added to his holdings in Business Support Services company Robert Half International Inc. by 5475%. His purchase prices were between $33.91 and $37.03, with an estimated average price of $35.2. The impact to his portfolio due to this purchase was 0.16%. His holdings were 557,500 shares as of 06/30/2007.
Robert Half International, Inc. provides specialized staffing and risk consulting services. It operates in three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. Robert Half International Inc. has a market cap of $5.25 billion, its shares were traded at around $32.14 with with P/E ratio of 18.39 and P/S ratio of 1.22.
Added: Vornado Realty Trust (VNO, Financial)
Ruane Cunniff added to his holdings in Real Estate Holding & Development company Vornado Realty Trust by 1964.09%. His purchase prices were between $108.37 and $120.21, with an estimated average price of $115.7. The impact to his portfolio due to this purchase was 0.07%. His holdings were 73,564 shares as of 06/30/2007. Vornado Realty Trust has a market cap of $16.21 billion, its shares were traded at around $107.56 with with P/E ratio of 31.55 and P/S ratio of 4.90.
Added: W.R. Berkley Corp. (BER, Financial)
Ruane Cunniff added to his holdings in Property & Casualty Insurance company W.R. Berkley Corp. by 2570%. His purchase prices were between $32.27 and $33.52, with an estimated average price of $32.8. The impact to his portfolio due to this purchase was 0.07%. His holdings were 267,000 shares as of 06/30/2007.
W. R. Berkley Corporation, through its subsidiaries, operates property casualty insurance business in the United States and internationally. It has four segments: Specialty, Regional, Alternative Markets, and Reinsurance. W.R. Berkley Corp. has a market cap of $5.49 billion, its shares were traded at around $29.91 with with P/E ratio of 7.91 and P/S ratio of 1.02.
Added: C.H. Robinson Worldwide Inc. (CHRW, Financial)
Ruane Cunniff added to his holdings in Trucking company C.H. Robinson Worldwide Inc. by 156.37%. His purchase prices were between $48.67 and $55.12, with an estimated average price of $52.6. The impact to his portfolio due to this purchase was 0.04%. His holdings were 166,182 shares as of 06/30/2007. C.H. Robinson Worldwide Inc. has a market cap of $8.42 billion, its shares were traded at around $49.18 with with P/E ratio of 28.64 and P/S ratio of 1.24.
Added: Ultimate Software Group Inc. (ULTI, Financial)
Ruane Cunniff added to his holdings in Software company Ultimate Software Group Inc. by 37.04%. His purchase prices were between $26.68 and $30.06, with an estimated average price of $28.3. The impact to his portfolio due to this purchase was 0.03%. His holdings were 411,107 shares as of 06/30/2007.
The Ultimate Software Group, Inc. engages in the design, marketing, implementation, and support of human resources, payroll, and talent management solutions in the United States. Ultimate Software Group Inc. has a market cap of $778.66 million, its shares were traded at around $31.9 with with P/E ratio of 79.09 and P/S ratio of 5.93.
Added: State Street Corp. (STT, Financial)
Ruane Cunniff added to his holdings in Investment Services company State Street Corp. by 113.96%. His purchase prices were between $66.37 and $69.61, with an estimated average price of $68.2. The impact to his portfolio due to this purchase was 0.01%. His holdings were 22,530 shares as of 06/30/2007.
State Street Corporation, through its subsidiaries, provides a range of products and services for institutional investors worldwide. It operates in two divisions, Investment Servicing and Investment Management. State Street Corp. has a market cap of $24.8 billion, its shares were traded at around $63.07 with with P/E ratio of 16.95 and P/S ratio of 3.64.
Added: SEI Investments Company (SEIC, Financial)
Ruane Cunniff added to his holdings in Investment Services company SEI Investments Company by 93.75%. His purchase prices were between $28.66 and $31.86, with an estimated average price of $30.1. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 31,000 shares as of 06/30/2007. SEI Investments Company has a market cap of $5.03 billion, its shares were traded at around $26.15 with with P/E ratio of 20.39 and P/S ratio of 4.00.
Added: Tyco International Ltd. (TYC, Financial)
Ruane Cunniff added to his holdings in Diversified Industrials company Tyco International Ltd. by 299.64%. His purchase prices were between $108.72 and $116.42, with an estimated average price of $112.1. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 7,785 shares as of 06/30/2007. Tyco International Ltd. has a market cap of $21.53 billion, its shares were traded at around $43.41 with with P/S ratio of 0.51.
Added: The Bank of New York Mellon Corp. (BK, Financial)
Ruane Cunniff added to his holdings in Banks company The Bank of New York Mellon Corp. by 59.76%. His purchase prices were between $41.77 and $44.43, with an estimated average price of $43. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,593 shares as of 06/30/2007. The Bank of New York Mellon Corp. has a market cap of $31.81 billion, its shares were traded at around $42.01 with with P/E ratio of 10.62 and P/S ratio of 4.27.
Added: Comcast Corp. Special (CMCSK, Financial)
Ruane Cunniff added to his holdings in Broadcasting & Entertainment company Comcast Corp. Special by 72.36%. His purchase prices were between $26.02 and $27.91, with an estimated average price of $27. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 14,463 shares as of 06/30/2007.
No business summary available for CMCSK. Comcast Corp. Special has a market cap of $ million, its shares were traded at around $24.88 with .
New Purchase: Whole Foods Market Inc. (WFMI, Financial)
Ruane Cunniff initiated holdings in Food Retailers & Wholesalers company Whole Foods Market Inc.. His purchase prices were between $38.12 and $47.29, with an estimated average price of $41.9. The impact to his portfolio due to this purchase was 0.98%. His holdings were 3,178,838 shares as of 06/30/2007. Whole Foods Market Inc. has a market cap of $6.02 billion, its shares were traded at around $43.53 with with P/E ratio of 32.76 and P/S ratio of 0.99.
New Purchase: Kaiser Aluminum Corp. (KALU)
Ruane Cunniff initiated holdings in Aluminum company Kaiser Aluminum Corp.. His purchase prices were between $72.82 and $88.47, with an estimated average price of $77.7. The impact to his portfolio due to this purchase was 0.41%. His holdings were 698,710 shares as of 06/30/2007.
Kaiser Aluminum Corporation, a fabricated aluminum products manufacturing company, manufactures fabricated aluminum products primarily in the United States. Kaiser Aluminum Corp. has a market cap of $1.31 billion, its shares were traded at around $62.53 with with P/E ratio of 0.40 and P/S ratio of 0.89.
New Purchase: Chesapeake Energy Corp. (CHK)
Ruane Cunniff initiated holdings in Exploration & Production company Chesapeake Energy Corp.. His purchase prices were between $32.45 and $37.25, with an estimated average price of $34.7. The impact to his portfolio due to this purchase was 0.08%. His holdings were 299,000 shares as of 06/30/2007.
Chesapeake Energy Corporation, an oil and natural gas exploration and production company, engages in the acquisition, exploration, and development of properties for the production of crude oil and natural gas from underground reservoirs. Chesapeake Energy Corp. has a market cap of $15.5 billion, its shares were traded at around $32.51 with with P/E ratio of 9.16 and P/S ratio of 2.06.
New Purchase: Graco Inc. (GGG)
Ruane Cunniff initiated holdings in Electronic Equipment company Graco Inc.. His purchase prices were between $38.22 and $41.03, with an estimated average price of $39.7. The impact to his portfolio due to this purchase was 0.05%. His holdings were 167,025 shares as of 06/30/2007.
Graco, Inc. provides fluid handling systems and components. The company's products move, measure, control, dispense, and apply a range of fluids and viscous materials used in vehicle lubrication, commercial, and industrial settings. Graco Inc. has a market cap of $2.58 billion, its shares were traded at around $40.34 with with P/E ratio of 17.78 and P/S ratio of 3.16.
New Purchase: Petroleum Development Corp. (PETD)
Ruane Cunniff initiated holdings in Oil Equipment & Services company Petroleum Development Corp.. His purchase prices were between $46.4 and $54.11, with an estimated average price of $51. The impact to his portfolio due to this purchase was 0.04%. His holdings were 94,573 shares as of 06/30/2007. Petroleum Development Corp. has a market cap of $569.55 million, its shares were traded at around $38.15 with with P/E ratio of 2.41 and P/S ratio of 2.09.
New Purchase: Caterpillar Inc. (CAT)
Ruane Cunniff initiated holdings in Commercial Vehicles & Trucks company Caterpillar Inc.. His purchase prices were between $66.22 and $80.77, with an estimated average price of $74.7. The impact to his portfolio due to this purchase was 0.04%. His holdings were 61,729 shares as of 06/30/2007.
Caterpillar, Inc. manufactures construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company operates in three business lines: Machinery, Engines, and Financial Products. Caterpillar Inc. has a market cap of $48.05 billion, its shares were traded at around $75.3 with with P/E ratio of 15.29 and P/S ratio of 1.12.
New Purchase: Kraft Foods Inc. (KFT)
Ruane Cunniff initiated holdings in Food Products company Kraft Foods Inc.. His purchase prices were between $31.36 and $36, with an estimated average price of $33.6. The impact to his portfolio due to this purchase was 0.02%. His holdings were 62,724 shares as of 06/30/2007.
Kraft Foods, Inc., through its subsidiaries, engages in the manufacture and sale of packaged foods and beverages in the United States, Canada, Europe, Latin America, Asia Pacific, Africa, and the Middle East. Kraft Foods Inc. has a market cap of $50.61 billion, its shares were traded at around $32.06 with with P/E ratio of 18.88 and P/S ratio of 1.43.
New Purchase: eLong Inc. (LONG)
Ruane Cunniff initiated holdings in Specialized Consumer Services company eLong Inc.. His purchase prices were between $9.26 and $10.23, with an estimated average price of $9.8. The impact to his portfolio due to this purchase was 0.01%. His holdings were 100,500 shares as of 06/30/2007. eLong Inc. has a market cap of $228.79 million, its shares were traded at around $9.01 with with P/S ratio of 6.02.
New Purchase: 51job Inc. (JOBS)
Ruane Cunniff initiated holdings in Business Support Services company 51job Inc.. His purchase prices were between $16.1 and $18.42, with an estimated average price of $17.5. The impact to his portfolio due to this purchase was 0.01%. His holdings were 85,631 shares as of 06/30/2007. 51job Inc. has a market cap of $501.19 million, its shares were traded at around $17.84 with with P/E ratio of 34.72 and P/S ratio of 5.28.
Reduced: The Progressive Corp. (PGR)
Ruane Cunniff reduced to his holdings in Property & Casualty Insurance company The Progressive Corp. by 39.57%. His sale prices were between $21.96 and $23.8, with an estimated average price of $23.2. The impact to his portfolio due to this sale was 5.54%. Ruane Cunniff still held 39,995,547 shares as of 06/30/2007.
The Progressive Corporation, through its subsidiaries, provides personal and commercial automobile insurance and other specialty property-casualty insurance products and related services in the United States. The Progressive Corp. has a market cap of $16.4 billion, its shares were traded at around $22.82 with with P/E ratio of 11.74 and P/S ratio of 1.12.
Reduced: MasterCard Inc. (MA)
Ruane Cunniff reduced to his holdings in Consumer Finance company MasterCard Inc. by 26.89%. His sale prices were between $107.91 and $168.28, with an estimated average price of $136.6. The impact to his portfolio due to this sale was 1.62%. Ruane Cunniff still held 1,538,063 shares as of 06/30/2007.
MasterCard Incorporated, along with its subsidiaries, operates as a payment solutions company. The company develops and markets payment solutions, processes payment transactions, and provides consulting services to customers and merchants. MasterCard Inc. has a market cap of $19.23 billion, its shares were traded at around $144.82 with with P/E ratio of 27.71 and P/S ratio of 5.36.
Reduced: EchoStar Communications Corp. (DISH)
Ruane Cunniff reduced to his holdings in Broadcasting & Entertainment company EchoStar Communications Corp. by 52.51%. His sale prices were between $43.29 and $49.24, with an estimated average price of $46.3. The impact to his portfolio due to this sale was 0.15%. Ruane Cunniff still held 650,000 shares as of 06/30/2007. EchoStar Communications Corp. has a market cap of $17.99 billion, its shares were traded at around $39.18 with with P/E ratio of 26.73 and P/S ratio of 1.68.
Reduced: Accredited Home Lenders Holding Co. (LEND)
Ruane Cunniff reduced to his holdings in Mortgage Finance company Accredited Home Lenders Holding Co. by 26.1%. His sale prices were between $9.3 and $14.7, with an estimated average price of $12.5. The impact to his portfolio due to this sale was 0.12%. Ruane Cunniff still held 1,324,802 shares as of 06/30/2007.
Accredited Home Lenders Holding Co. and its subsidiaries operate as a mortgage banking company in the United States and Canada. It originates, finances, securitizes, services, and sells nonprime mortgage loans secured by residential real estate. Accredited Home Lenders Holding Co. has a market cap of $160.29 million, its shares were traded at around $6.1 with with P/S ratio of 0.36.
Reduced: Contango Oil and Gas Co (MCF)
Ruane Cunniff reduced to his holdings in Exploration & Production company Contango Oil and Gas Co by 45.15%. His sale prices were between $27.3 and $39.35, with an estimated average price of $32.7. The impact to his portfolio due to this sale was 0.05%. Ruane Cunniff still held 252,650 shares as of 06/30/2007.
Contango Oil & Gas Company engages in the exploration, development, production, and acquisition of natural gas and oil properties primarily offshore in the Gulf of Mexico and in the Arkansas Fayetteville Shale. Contango Oil and Gas Co has a market cap of $562.79 million, its shares were traded at around $36.48 with with P/S ratio of 72.17.
Reduced: Bank of the Ozarks (OZRK)
Ruane Cunniff reduced to his holdings in Banks company Bank of the Ozarks by 63.67%. His sale prices were between $28.03 and $30.48, with an estimated average price of $29. The impact to his portfolio due to this sale was 0.03%. Ruane Cunniff still held 239,383 shares as of 06/30/2007. Bank of the Ozarks has a market cap of $524.90 million, its shares were traded at around $32.02 with with P/E ratio of 16.99 and P/S ratio of 5.79.
Reduced: Apollo Group Inc. (APOL)
Ruane Cunniff reduced to his holdings in Specialized Consumer Services company Apollo Group Inc. by 97.06%. His sale prices were between $43.82 and $50.78, with an estimated average price of $47.9. The impact to his portfolio due to this sale was 0.02%. Ruane Cunniff still held 73,360 shares as of 06/30/2007. Apollo Group Inc. has a market cap of $10.01 billion, its shares were traded at around $57.73 with with P/E ratio of 26.43 and P/S ratio of 3.80.
Reduced: The Washington Post Company (WPO)
Ruane Cunniff reduced to his holdings in Publishing company The Washington Post Company by 82.79%. His sale prices were between $742.25 and $773.37, with an estimated average price of $760.1. The impact to his portfolio due to this sale was 0.02%. Ruane Cunniff still held 4,348 shares as of 06/30/2007.
The Washington Post Company, together with its subsidiaries, operates as a diversified media and education company in the United States and internationally. The Washington Post Company has a market cap of $7.3 billion, its shares were traded at around $779.59 with with P/E ratio of 24.41 and P/S ratio of 1.84.
Reduced: Guitar Center Inc. (GTRC)
Ruane Cunniff reduced to his holdings in Specialty Retailers company Guitar Center Inc. by 95.5%. His sale prices were between $45.19 and $59.81, with an estimated average price of $49.5. The impact to his portfolio due to this sale was 0.01%. Ruane Cunniff still held 39,764 shares as of 06/30/2007.
Guitar Center, Inc., through its subsidiaries, engages in the retail of guitars, amplifiers, percussion instruments, keyboards, and pro-audio and recording equipment in the United States. Guitar Center Inc. has a market cap of $1.72 billion, its shares were traded at around $57.76 with with P/S ratio of 0.79.
Reduced: Tiffany & Co. (TIF)
Ruane Cunniff reduced to his holdings in Specialty Retailers company Tiffany & Co. by 54.05%. His sale prices were between $47.08 and $52.55, with an estimated average price of $49.8. The impact to his portfolio due to this sale was 0.01%. Ruane Cunniff still held 42,968 shares as of 06/30/2007. Tiffany & Co. has a market cap of $6.24 billion, its shares were traded at around $45.53 with with P/E ratio of 24.46 and P/S ratio of 2.28.
Reduced: Drew Industries Inc. (DW)
Ruane Cunniff reduced to his holdings in Building Materials & Fixtures company Drew Industries Inc. by 50.43%. His sale prices were between $28.32 and $35.29, with an estimated average price of $32.4. The impact to his portfolio due to this sale was 0.01%. Ruane Cunniff still held 70,286 shares as of 06/30/2007.
Drew Industries Incorporated, through its subsidiaries, engages in the manufacture and marketing of various components for recreational vehicles (RVs) and manufactured homes in the United States. Drew Industries Inc. has a market cap of $860.64 million, its shares were traded at around $40.43 with with P/E ratio of 26.42 and P/S ratio of 1.30.
Reduced: Pool Corp. (POOL)
Ruane Cunniff reduced to his holdings in Recreational Products company Pool Corp. by 96.77%. His sale prices were between $35.76 and $42.23, with an estimated average price of $39.3. The impact to his portfolio due to this sale was less than 0.01%. Ruane Cunniff still held 13,029 shares as of 06/30/2007. Pool Corp. has a market cap of $1.64 billion, its shares were traded at around $33.94 with with P/E ratio of 20.64 and P/S ratio of 0.85.
Reduced: Fremont General Corp. (FMT)
Ruane Cunniff reduced to his holdings in Banks company Fremont General Corp. by 97.23%. His sale prices were between $6.26 and $12.89, with an estimated average price of $9.6. The impact to his portfolio due to this sale was less than 0.01%. Ruane Cunniff still held 25,923 shares as of 06/30/2007.
Fremont General Corporation operates as the holding company for Fremont Investment & Loan, which engages in residential real estate lending business in the United States. Fremont General Corp. has a market cap of $417.33 million, its shares were traded at around $5.46 with with P/E ratio of 2.42 and P/S ratio of 0.61.
Sold Out: Patterson Companies Inc. (PDCO)
Ruane Cunniff sold out his holdings in Medical Supplies company Patterson Companies Inc.. His sale prices were between $34.3 and $37.59, with an estimated average price of $36.5. The impact to his portfolio due to this sale was less than 0.01%. Patterson Companies Inc. has a market cap of $5.29 billion, its shares were traded at around $38.47 with with P/E ratio of 25.06 and P/S ratio of 1.92.
Sold Out: Amazon.com Inc. (AMZN)
Ruane Cunniff sold out his holdings in Specialty Retailers company Amazon.com Inc.. His sale prices were between $41.68 and $73.24, with an estimated average price of $61.6. The impact to his portfolio due to this sale was less than 0.01%.
Amazon.com, Inc. operates retail Web sites, as well as provides programs that enable third parties to sell products on its Web sites. The company sources and sells a range of products to its customers. Amazon.com Inc. has a market cap of $31.96 billion, its shares were traded at around $78.5 with with P/E ratio of 106.47 and P/S ratio of 2.66.
Sold Out: Dell Inc. (DELL)
Ruane Cunniff sold out his holdings in Computer Hardware company Dell Inc.. His sale prices were between $23.51 and $28.45, with an estimated average price of $26.2. The impact to his portfolio due to this sale was less than 0.01%.
Dell, Inc. and its subsidiaries engage in the design, development, manufacture, marketing, sale, and support of various computer systems and services to customers worldwide. Dell Inc. has a market cap of $60.85 billion, its shares were traded at around $26.96 with .
Sold Out: Anglo American plc (AAUK)
Ruane Cunniff sold out his holdings in General Mining company Anglo American plc. His sale prices were between $26.84 and $31.2, with an estimated average price of $28.8. The impact to his portfolio due to this sale was less than 0.01%.
No business summary available for AAUK. Anglo American plc has a market cap of $ million, its shares were traded at around $27.62 with .
Sold Out: Genentech Inc. (DNA)
Ruane Cunniff sold out his holdings in Biotechnology company Genentech Inc.. His sale prices were between $74.83 and $83.4, with an estimated average price of $79.1. The impact to his portfolio due to this sale was less than 0.01%. Genentech Inc. has a market cap of $77.21 billion, its shares were traded at around $73.09 with with P/E ratio of 30.05 and P/S ratio of 7.03.
Sold Out: CBS Corp. (CBS)
Ruane Cunniff sold out his holdings in Media company CBS Corp.. His sale prices were between $30.82 and $33.48, with an estimated average price of $32.3. The impact to his portfolio due to this sale was less than 0.01%.
No business summary available for CBS. CBS Corp. has a market cap of $ million, its shares were traded at around $31.39 with .
Sold Out: SLM Corp. (SLM)
Ruane Cunniff sold out his holdings in Consumer Finance company SLM Corp.. His sale prices were between $41.44 and $57.54, with an estimated average price of $53.9. The impact to his portfolio due to this sale was less than 0.01%. SLM Corp. has a market cap of $20.54 billion, its shares were traded at around $50.05 with with P/E ratio of 20.03 and P/S ratio of 5.80.
Sold Out: Liz Claiborne Inc. (LIZ)
Ruane Cunniff sold out his holdings in Clothing & Accessories company Liz Claiborne Inc.. His sale prices were between $33.65 and $44.69, with an estimated average price of $38.2. The impact to his portfolio due to this sale was less than 0.01%. Liz Claiborne Inc. has a market cap of $3.53 billion, its shares were traded at around $34.59 with with P/E ratio of 17.89 and P/S ratio of 0.71.
Sold Out: Medco Health Solutions Inc. (MHS)
Ruane Cunniff sold out his holdings in Health Care Providers company Medco Health Solutions Inc.. His sale prices were between $72.39 and $80.4, with an estimated average price of $76.7. The impact to his portfolio due to this sale was less than 0.01%. Medco Health Solutions Inc. has a market cap of $22.9 billion, its shares were traded at around $85 with with P/E ratio of 27.32 and P/S ratio of 0.53.
Sold Out: Marshall & Ilsley Corp. (MI)
Ruane Cunniff sold out his holdings in Banks company Marshall & Ilsley Corp.. His sale prices were between $47.19 and $49.39, with an estimated average price of $48.3. The impact to his portfolio due to this sale was less than 0.01%. Marshall & Ilsley Corp. has a market cap of $11.5 billion, its shares were traded at around $45.5 with with P/E ratio of 13.26 and P/S ratio of 3.30.
Sold Out: The PNC Financial Services Group Inc. (PNC)
Ruane Cunniff sold out his holdings in Banks company The PNC Financial Services Group Inc.. His sale prices were between $71.34 and $75.18, with an estimated average price of $73.1. The impact to his portfolio due to this sale was less than 0.01%.
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It offers retail banking, corporate and institutional banking, asset management, and global fund processing services. The PNC Financial Services Group Inc. has a market cap of $24.56 billion, its shares were traded at around $73 with with P/E ratio of 8.27 and P/S ratio of 4.04.
Sold Out: Netflix Inc. (NFLX)
Ruane Cunniff sold out his holdings in Specialty Retailers company Netflix Inc.. His sale prices were between $19.68 and $24.6, with an estimated average price of $22. The impact to his portfolio due to this sale was less than 0.01%.
Netflix, Inc. provides online movie rental subscription services in the United States. It provides its subscribers access to a library of movie, television, and other filmed entertainment titles on digital versatile disc (DVD). Netflix Inc. has a market cap of $1.16 billion, its shares were traded at around $17.43 with with P/E ratio of 19.23 and P/S ratio of 1.03.
Sold Out: Petroleo Brasileiro S.A.Petrobras (PBR)
Ruane Cunniff sold out his holdings in Exploration & Production company Petroleo Brasileiro S.A.Petrobras. His sale prices were between $51.02 and $60.75, with an estimated average price of $54.6. The impact to his portfolio due to this sale was less than 0.01%.
Petroleo Brasileiro S.A. together with its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks in Brazil. Petroleo Brasileiro S.A.Petrobras has a market cap of $125.84 billion, its shares were traded at around $57.16 with with P/E ratio of 16.56 and P/S ratio of 1.55.
