After selling companies as American as apple pie, both Coca-Cola Enterprises Inc. (CCE, Financial) and Google Inc. (GOOG, Financial) in the previous quarter, billionaire Guru Alan Fournier sold out four more holdings linked to American identity, ingenuity, innovation and insurance: Apple Inc. (APPL), Ford Motor Co. (F, Financial), Family Dollar Store (FDO, Financial) and WellPoint Inc. (WLP, Financial), as of the quarter ending March 31, 2013. Here are the details:
Sold Out: Apple Inc. (AAPL, Financial) – Computer Systems
Alan Fournier sold out his position with AAPL, as of March 31, 2013. He sold 212,455 shares at an average price of $466.17 per share, for a loss of 5.7%. Fournier’s highest gain was 72.6% on 200,000 shares bought at $254.74 per share in the second quarter of 2010.
This trade impacts his portfolio by -2.4%.
The current share price is $439.66 compared to past valuations:
Sold Out: Ford Motor Co. (F) – Auto Manufacturers
Alan Fournier sold out his position with Ford Motor, as of March 31, 2013. He sold 500,000 shares at an average price of $13.35 per share, for a gain of 13.17%. In four quarters of holding, Fournier’s highest gain was 56.6% in the third quarter of 2011 when the price was $9.57 per share.
This trade impacts his portfolio by -0.14%.
The current share price is $14.99.
Sold Out: WellPoint Inc. (WLP) – Health Care Plans
Alan Fournier also sold out his position with WLP, as of March 31, 2013. Fournier sold a little more than 3.1 million shares at an average price of $63.51 per share, for a gain of 23.3%. This holding brought 20 quarters of solid gains. The peak gain was 105.2% in the fourth quarter of 2008.
This trade impacts his portfolio by -4.1%.
The current share price is $78.32 compared to past valuations:
Sold Out: Family Dollar Stores (FDO) – Discount Stores
Alan Fournier sold out his position with FDO, as of March 31, 2013. He sold a little more than 1.3 million shares at an average price of $57.82 per share, for a gain of 10.7%. Fournier’s highest gain was 24.1% on about 2.4 million shares bought at $51.59 per share in the third quarter of 2011. Except for a gain of 14% in the first quarter of 2012, this holding posted losses for the rest of 2012.
This trade impacts his portfolio by -1.8%.
The current share price is $64.02.
Guru Alan Fournier is fund manager of Pennant Capital Management with a portfolio of 42 stocks, four of them new, and a total value of $5.14 billion, with a quarter-over-quarter turnover of 9%. Fournier is a value investor who studies both the micro and macro views. He named his firm Pennant Capital in homage to a passion for sailboat racing. The pennant flags show the captain and crew exactly how the winds are changing.
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Sold Out: Apple Inc. (AAPL, Financial) – Computer Systems
Alan Fournier sold out his position with AAPL, as of March 31, 2013. He sold 212,455 shares at an average price of $466.17 per share, for a loss of 5.7%. Fournier’s highest gain was 72.6% on 200,000 shares bought at $254.74 per share in the second quarter of 2010.
This trade impacts his portfolio by -2.4%.
The current share price is $439.66 compared to past valuations:
Sold Out: Ford Motor Co. (F) – Auto Manufacturers
Alan Fournier sold out his position with Ford Motor, as of March 31, 2013. He sold 500,000 shares at an average price of $13.35 per share, for a gain of 13.17%. In four quarters of holding, Fournier’s highest gain was 56.6% in the third quarter of 2011 when the price was $9.57 per share.
This trade impacts his portfolio by -0.14%.
The current share price is $14.99.
Sold Out: WellPoint Inc. (WLP) – Health Care Plans
Alan Fournier also sold out his position with WLP, as of March 31, 2013. Fournier sold a little more than 3.1 million shares at an average price of $63.51 per share, for a gain of 23.3%. This holding brought 20 quarters of solid gains. The peak gain was 105.2% in the fourth quarter of 2008.
This trade impacts his portfolio by -4.1%.
The current share price is $78.32 compared to past valuations:
Sold Out: Family Dollar Stores (FDO) – Discount Stores
Alan Fournier sold out his position with FDO, as of March 31, 2013. He sold a little more than 1.3 million shares at an average price of $57.82 per share, for a gain of 10.7%. Fournier’s highest gain was 24.1% on about 2.4 million shares bought at $51.59 per share in the third quarter of 2011. Except for a gain of 14% in the first quarter of 2012, this holding posted losses for the rest of 2012.
This trade impacts his portfolio by -1.8%.
The current share price is $64.02.
Guru Alan Fournier is fund manager of Pennant Capital Management with a portfolio of 42 stocks, four of them new, and a total value of $5.14 billion, with a quarter-over-quarter turnover of 9%. Fournier is a value investor who studies both the micro and macro views. He named his firm Pennant Capital in homage to a passion for sailboat racing. The pennant flags show the captain and crew exactly how the winds are changing.
If you are not yet a Premium Member, we invite you for a 7-day Free Trial.
Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.
GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.
