Renowned hedge fund manager, Sears Chairman Eddie Lampert reported his third quarter portfolio. Unlike many other hedge fund managers, Lampert has very low turnovers with his portfolio. He has made extraordinary profit on his long term holdings AutoZone and AutoNation. Lampert buys Gap Inc., Seagate Technology, Big Lots Inc., Cit Group Inc., IStar Financial Inc., sells AutoZone Inc., Capital One Financial Corp. during the 3-months ended 09/30/2011, according to the most recent filings of his investment company, ESL Investments. As of 09/30/2011, ESL Investments owns 12 stocks with a total value of $9.1 billion. These are the details of the buys and sells that have the impact to portfolio of more than .1%.
This is the portfolio chart of Edward Lampert. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
For the details of Edward Lampert's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Edward+Lampert
This is the sector weightings of his portfolio:
These are the top 5 holdings of Edward Lampert
New Purchase: Istar Financial Inc. (SFI, Financial)
Edward Lampert initiated holdings in Istar Financial Inc.. His purchase prices were between $4.61 and $8.25, with an estimated average price of $6.85. The impact to his portfolio due to this purchase was 0.12%. His holdings were 1,916,826 shares as of 09/30/2011.
Added: Gap Inc. (GPS, Financial)
Edward Lampert added to his holdings in Gap Inc. by 19.52%. His purchase prices were between $15.53 and $19.66, with an estimated average price of $17.4. The impact to his portfolio due to this purchase was 1.06%. His holdings were 36,286,240 shares as of 09/30/2011.
Added: Seagate Technology (STX, Financial)
Edward Lampert added to his holdings in Seagate Technology by 35.04%. His purchase prices were between $10.08 and $16.99, with an estimated average price of $12.87. The impact to his portfolio due to this purchase was 0.28%. His holdings were 9,729,218 shares as of 09/30/2011.
Added: Big Lots Inc. (BIG, Financial)
Edward Lampert added to his holdings in Big Lots Inc. by 44.39%. His purchase prices were between $29.02 and $36.34, with an estimated average price of $33.23. The impact to his portfolio due to this purchase was 0.22%. His holdings were 1,877,168 shares as of 09/30/2011.
Added: Cit Group Inc. (CIT, Financial)
Edward Lampert added to his holdings in Cit Group Inc. by 7.52%. His purchase prices were between $30.55 and $44.17, with an estimated average price of $35.98. The impact to his portfolio due to this purchase was 0.13%. His holdings were 5,773,465 shares as of 09/30/2011.
Reduced: Autozone Inc. (AZO, Financial)
Edward Lampert reduced to his holdings in Autozone Inc. by 5.64%. His sale prices were between $268.51 and $331.95, with an estimated average price of $302.11. The impact to his portfolio due to this sale was -1.55%. Edward Lampert still held 8,925,551 shares as of 09/30/2011.
Reduced: Capital One Financial Corp. (COF, Financial)
Edward Lampert reduced to his holdings in Capital One Financial Corp. by 5.23%. His sale prices were between $37.63 and $54.31, with an estimated average price of $45.41. The impact to his portfolio due to this sale was -0.17%. Edward Lampert still held 5,926,983 shares as of 09/30/2011.
This is the portfolio chart of Edward Lampert. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
For the details of Edward Lampert's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Edward+Lampert
This is the sector weightings of his portfolio:
These are the top 5 holdings of Edward Lampert
- AutoZone Inc. (AZO) - 8,925,551 shares, 31.3% of the total portfolio. Shares reduced by 5.64%
- Sears Holdings Corp. (SHLD) - 48,179,755 shares, 30.4% of the total portfolio.
- AutoNation Inc. (AN) - 61,834,046 shares, 22.2% of the total portfolio. Shares reduced by 0.63%
- Gap Inc. (GPS) - 36,286,240 shares, 6.5% of the total portfolio. Shares added by 19.52%
- Capital One Financial Corp. (COF) - 5,926,983 shares, 2.6% of the total portfolio. Shares reduced by 5.23%
New Purchase: Istar Financial Inc. (SFI, Financial)
Edward Lampert initiated holdings in Istar Financial Inc.. His purchase prices were between $4.61 and $8.25, with an estimated average price of $6.85. The impact to his portfolio due to this purchase was 0.12%. His holdings were 1,916,826 shares as of 09/30/2011.
Added: Gap Inc. (GPS, Financial)
Edward Lampert added to his holdings in Gap Inc. by 19.52%. His purchase prices were between $15.53 and $19.66, with an estimated average price of $17.4. The impact to his portfolio due to this purchase was 1.06%. His holdings were 36,286,240 shares as of 09/30/2011.
Added: Seagate Technology (STX, Financial)
Edward Lampert added to his holdings in Seagate Technology by 35.04%. His purchase prices were between $10.08 and $16.99, with an estimated average price of $12.87. The impact to his portfolio due to this purchase was 0.28%. His holdings were 9,729,218 shares as of 09/30/2011.
Added: Big Lots Inc. (BIG, Financial)
Edward Lampert added to his holdings in Big Lots Inc. by 44.39%. His purchase prices were between $29.02 and $36.34, with an estimated average price of $33.23. The impact to his portfolio due to this purchase was 0.22%. His holdings were 1,877,168 shares as of 09/30/2011.
Added: Cit Group Inc. (CIT, Financial)
Edward Lampert added to his holdings in Cit Group Inc. by 7.52%. His purchase prices were between $30.55 and $44.17, with an estimated average price of $35.98. The impact to his portfolio due to this purchase was 0.13%. His holdings were 5,773,465 shares as of 09/30/2011.
Reduced: Autozone Inc. (AZO, Financial)
Edward Lampert reduced to his holdings in Autozone Inc. by 5.64%. His sale prices were between $268.51 and $331.95, with an estimated average price of $302.11. The impact to his portfolio due to this sale was -1.55%. Edward Lampert still held 8,925,551 shares as of 09/30/2011.
Reduced: Capital One Financial Corp. (COF, Financial)
Edward Lampert reduced to his holdings in Capital One Financial Corp. by 5.23%. His sale prices were between $37.63 and $54.31, with an estimated average price of $45.41. The impact to his portfolio due to this sale was -0.17%. Edward Lampert still held 5,926,983 shares as of 09/30/2011.
