Get Premium to unlock powerful stock data

ARGA Investment Management, LP Buys Baidu Inc, Melco Resorts and Entertainment, Petroleo Brasileiro SA Petrobras, Sells Capri Holdings, Weibo Corp, Kulicke & Soffa Industries Inc

Author's Avatar
insider
Oct 29, 2021
Article's Main Image
Stamford, CT, based Investment company ARGA Investment Management, LP (Current Portfolio) buys Baidu Inc, Melco Resorts and Entertainment, Petroleo Brasileiro SA Petrobras, Las Vegas Sands Corp, Intel Corp, sells Capri Holdings, Weibo Corp, Kulicke & Soffa Industries Inc, Mohawk Industries Inc, BTC iShares MSCI India ETF during the 3-months ended 2021Q3, according to the most recent filings of the investment company, ARGA Investment Management, LP. As of 2021Q3, ARGA Investment Management, LP owns 71 stocks with a total value of $1.4 billion. These are the details of the buys and sells.

For the details of ARGA Investment Management, LP's stock buys and sells, go to https://www.gurufocus.com/guru/arga+investment+management%2C+lp/current-portfolio/portfolio

These are the top 5 holdings of ARGA Investment Management, LP
  1. Baidu Inc (BIDU) - 1,607,324 shares, 17.24% of the total portfolio. New Position
  2. Melco Resorts and Entertainment Ltd (MLCO) - 16,866,364 shares, 12.05% of the total portfolio. Shares added by 127.11%
  3. AerCap Holdings NV (AER) - 2,520,255 shares, 10.16% of the total portfolio. Shares added by 0.57%
  4. Petroleo Brasileiro SA Petrobras (PBR) - 12,019,961 shares, 8.67% of the total portfolio. Shares added by 31.36%
  5. Canadian Natural Resources Ltd (CNQ) - 3,317,168 shares, 8.45% of the total portfolio. Shares added by 0.65%
New Purchase: Baidu Inc (BIDU)

ARGA Investment Management, LP initiated holding in Baidu Inc. The purchase prices were between $137.33 and $201.46, with an estimated average price of $164.72. The stock is now traded at around $162.150000. The impact to a portfolio due to this purchase was 17.24%. The holding were 1,607,324 shares as of 2021-09-30.

New Purchase: Las Vegas Sands Corp (LVS)

ARGA Investment Management, LP initiated holding in Las Vegas Sands Corp. The purchase prices were between $35.59 and $53.13, with an estimated average price of $43.05. The stock is now traded at around $39.680000. The impact to a portfolio due to this purchase was 0.22%. The holding were 86,462 shares as of 2021-09-30.

New Purchase: Allstate Corp (ALL)

ARGA Investment Management, LP initiated holding in Allstate Corp. The purchase prices were between $127.31 and $137.87, with an estimated average price of $132.2. The stock is now traded at around $123.840000. The impact to a portfolio due to this purchase was 0.08%. The holding were 8,527 shares as of 2021-09-30.

New Purchase: Discovery Inc (DISCA)

ARGA Investment Management, LP initiated holding in Discovery Inc. The purchase prices were between $25.15 and $31.2, with an estimated average price of $28.16. The stock is now traded at around $23.830000. The impact to a portfolio due to this purchase was 0.06%. The holding were 34,657 shares as of 2021-09-30.

New Purchase: Avnet Inc (AVT)

ARGA Investment Management, LP initiated holding in Avnet Inc. The purchase prices were between $36.3 and $42.17, with an estimated average price of $39.53. The stock is now traded at around $38.225000. The impact to a portfolio due to this purchase was 0.03%. The holding were 10,776 shares as of 2021-09-30.

Added: Melco Resorts and Entertainment Ltd (MLCO)

ARGA Investment Management, LP added to a holding in Melco Resorts and Entertainment Ltd by 127.11%. The purchase prices were between $9.9 and $16.82, with an estimated average price of $13.22. The stock is now traded at around $10.680000. The impact to a portfolio due to this purchase was 6.74%. The holding were 16,866,364 shares as of 2021-09-30.

Added: Petroleo Brasileiro SA Petrobras (PBR)

ARGA Investment Management, LP added to a holding in Petroleo Brasileiro SA Petrobras by 31.36%. The purchase prices were between $9.52 and $11.92, with an estimated average price of $10.67. The stock is now traded at around $10.035000. The impact to a portfolio due to this purchase was 2.07%. The holding were 12,019,961 shares as of 2021-09-30.

Added: Intel Corp (INTC)

ARGA Investment Management, LP added to a holding in Intel Corp by 119.71%. The purchase prices were between $52.01 and $56.87, with an estimated average price of $54.24. The stock is now traded at around $49.220000. The impact to a portfolio due to this purchase was 0.15%. The holding were 75,379 shares as of 2021-09-30.

Added: II-VI Inc (IIVI)

ARGA Investment Management, LP added to a holding in II-VI Inc by 28.80%. The purchase prices were between $59.29 and $74.08, with an estimated average price of $65.35. The stock is now traded at around $60.760000. The impact to a portfolio due to this purchase was 0.08%. The holding were 82,559 shares as of 2021-09-30.

Added: Newmont Corp (NEM)

ARGA Investment Management, LP added to a holding in Newmont Corp by 28.38%. The purchase prices were between $53.71 and $63.98, with an estimated average price of $59.05. The stock is now traded at around $54.490000. The impact to a portfolio due to this purchase was 0.02%. The holding were 18,295 shares as of 2021-09-30.

Added: Spirit Airlines Inc (SAVE)

ARGA Investment Management, LP added to a holding in Spirit Airlines Inc by 35.16%. The purchase prices were between $22.89 and $31.29, with an estimated average price of $26.26. The stock is now traded at around $22.070000. The impact to a portfolio due to this purchase was 0.02%. The holding were 42,517 shares as of 2021-09-30.

Sold Out: Kulicke & Soffa Industries Inc (KLIC)

ARGA Investment Management, LP sold out a holding in Kulicke & Soffa Industries Inc. The sale prices were between $50.69 and $74.06, with an estimated average price of $62.4.

Sold Out: Mohawk Industries Inc (MHK)

ARGA Investment Management, LP sold out a holding in Mohawk Industries Inc. The sale prices were between $177.4 and $209.8, with an estimated average price of $193.78.

Sold Out: DXC Technology Co (DXC)

ARGA Investment Management, LP sold out a holding in DXC Technology Co. The sale prices were between $33.61 and $43.42, with an estimated average price of $37.87.



Here is the complete portfolio of ARGA Investment Management, LP. Also check out:

1. ARGA Investment Management, LP's Undervalued Stocks
2. ARGA Investment Management, LP's Top Growth Companies, and
3. ARGA Investment Management, LP's High Yield stocks
4. Stocks that ARGA Investment Management, LP keeps buying
Rating:
NaN / 5 ( votes)
Author's Avatar
WRITTEN BY

GuruFocus Screeners

Related Articles

Q&A with Gurus