Despite recent controversy at SAC Capital Advisors, Guru Steven Cohen is still holding on to a pretty large portfolio. The fund released its second quarter portfolio earlier today which reported 1,621 stocks valued at over $18 billion. This is down from Cohen’s first quarter portfolio which held a smaller 1,498 stocks valued at $20.7 billion.
The following five companies are the top five stock increases that Cohen made to his portfolio during the second quarter: SCSS, CNH, HCA, WLL and KWK
Select Comfort Corporation (SCSS)
During the second quarter, Cohen upped his stake in Select Comfort by 51435.7%. The guru bought a total of 219,116 shares at an estimated average price of $21.42 per share. The share price is up 1.9% since then.
Cohen owns 219,542 shares of Select Comfort as of June 30, representing 0.39% of the company’s shares outstanding and 0.03% of his total portfolio.
Cohen’s holding history as of the second quarter:
Select Comfort is a business that develops, manufactures, markets and distributes adjustable-firmness beds and other sleep-related accessory products.
Select Comfort’s historical revenue and net income:
The Peter Lynch Chart suggests that the company is currently overvalued:
Select Comfort has a market cap of $1.21 billion. Its shares are currently trading at around $21.82 with a P/E ratio of 17.10, a P/S ratio of 1.30 and a P/B ratio of 5.50.
CNH Global NV (CNH)
During the second quarter, Cohen upped his position in CNH Global by 20214.7%. The guru bought a total of 199,115 shares in the second quarter price range of $39.07 to $45.37. Since then the share price has increased approximately 11.4%.
Cohen held 200,100 shares of CNH Global as of the close of the second quarter, representing 0.08% of the company’s shares outstanding and 0.046% of his total portfolio. Cohen’s holding history as of the second quarter:
CNH Global is the number one manufacturer of agricultural tractors and combines in the world, the third largest maker of construction equipment and has one of the industry's largest equipment finance operations.
CNH Global’s historical revenue and net income:
The Peter Lynch Chart suggests that the company is currently undervalued:
CNH Global has a market cap of $11.4 billion. Its shares are currently trading at around $47.05 with a P/E ratio of 8.60, a P/S ratio of 0.50 and a P/B ratio of 1.30.
HCA Holdings (HCA)
Cohen made his third largest increase in HCA Holdings. The guru increased his position 19630.9% by purchasing a total of 1,666,268 shares. He purchased these shares in the second quarter price range of $36.06 to $41.40.
Cohen held 1,674,756 shares of HCA as of June 30, representing 0.38% shares outstanding and 0.33% of his total portfolio.
Cohen’s holding history as of the second quarter:
HCA operates 163 hospitals, comprised of 157 general, acute care hospitals; five psychiatric hospitals; and one rehabilitation hospital.
HCA Holdings’ historical revenue and net income:
HCA Holdings has a market cap of $17.18 billion. Its shares are trading at around $38.41 with a P/E ratio of 12.40 and a P/S ratio of 0.50.
Whiting Petroleum (WLL)
During the second quarter Cohen upped his stake in Whiting Petroleum by 15557.5%. The guru purchased a total of 2,057,010 shares in the price range of $50.48 to $42.48 per share. Since then the price per share has increased approximately 6.6%.
Cohen holds on to 2,070,232 shares of Whiting Petroleum, representing 1.76% of the company’s shares outstanding and 0.52% of his total portfolio.
Cohen’s holding history as of the second quarter:
The company is an independent oil and natural gas company engaged in exploitation, acquisition, exploration and production activities mainly in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the U.S.
Whiting Petroleum’s historical revenue and net income:
The Peter Lynch Chart shows that Whiting Petroleum currently appears to be overvalued:
Whiting Petroleum has a market cap of $5.89 billion. Its shares are currently trading at around $49.60 with a P/E ratio of 15.30, a P/S ratio of 2.50 and a P/B ratio of 1.70. The company had an annual average earnings growth of 11.9% over the past 10 years.
Quicksilver Resources (KWK)
Cohen’s fifth largest increase of the second quarter came from Quicksilver Resources. The guru increased his position by 15288.8%. Cohen purchased a total of 2,458,421 shares at a quarterly average price of $2.33 per share. The share price has declined 27.5% since then.
As of the second quarter, Cohen held on to 2,474,501 shares of Quicksilver, representing 1.40% of the company’s shares outstanding and 0.023% of his total portfolio.
Cohen’s holding as of June 30:
The company is a Fort Worth-based independent oil and gas company engaged primarily in the acquisition, exploration, development, exploitation and production of natural gas, NGLs and oil onshore in North America.
Quicksilver’s historical revenue and net income:
Quicksilver Resources has a market cap of $292.8 million. Its shares are currently trading at around $1.65 with a P/S ratio of 0.40.
Check out Steven Cohen’s second quarter portfolio here.
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The following five companies are the top five stock increases that Cohen made to his portfolio during the second quarter: SCSS, CNH, HCA, WLL and KWK
Select Comfort Corporation (SCSS)
During the second quarter, Cohen upped his stake in Select Comfort by 51435.7%. The guru bought a total of 219,116 shares at an estimated average price of $21.42 per share. The share price is up 1.9% since then.
Cohen owns 219,542 shares of Select Comfort as of June 30, representing 0.39% of the company’s shares outstanding and 0.03% of his total portfolio.
Cohen’s holding history as of the second quarter:
Select Comfort is a business that develops, manufactures, markets and distributes adjustable-firmness beds and other sleep-related accessory products.
Select Comfort’s historical revenue and net income:
The Peter Lynch Chart suggests that the company is currently overvalued:
Select Comfort has a market cap of $1.21 billion. Its shares are currently trading at around $21.82 with a P/E ratio of 17.10, a P/S ratio of 1.30 and a P/B ratio of 5.50.
CNH Global NV (CNH)
During the second quarter, Cohen upped his position in CNH Global by 20214.7%. The guru bought a total of 199,115 shares in the second quarter price range of $39.07 to $45.37. Since then the share price has increased approximately 11.4%.
Cohen held 200,100 shares of CNH Global as of the close of the second quarter, representing 0.08% of the company’s shares outstanding and 0.046% of his total portfolio. Cohen’s holding history as of the second quarter:
CNH Global is the number one manufacturer of agricultural tractors and combines in the world, the third largest maker of construction equipment and has one of the industry's largest equipment finance operations.
CNH Global’s historical revenue and net income:
The Peter Lynch Chart suggests that the company is currently undervalued:
CNH Global has a market cap of $11.4 billion. Its shares are currently trading at around $47.05 with a P/E ratio of 8.60, a P/S ratio of 0.50 and a P/B ratio of 1.30.
HCA Holdings (HCA)
Cohen made his third largest increase in HCA Holdings. The guru increased his position 19630.9% by purchasing a total of 1,666,268 shares. He purchased these shares in the second quarter price range of $36.06 to $41.40.
Cohen held 1,674,756 shares of HCA as of June 30, representing 0.38% shares outstanding and 0.33% of his total portfolio.
Cohen’s holding history as of the second quarter:
HCA operates 163 hospitals, comprised of 157 general, acute care hospitals; five psychiatric hospitals; and one rehabilitation hospital.
HCA Holdings’ historical revenue and net income:
HCA Holdings has a market cap of $17.18 billion. Its shares are trading at around $38.41 with a P/E ratio of 12.40 and a P/S ratio of 0.50.
Whiting Petroleum (WLL)
During the second quarter Cohen upped his stake in Whiting Petroleum by 15557.5%. The guru purchased a total of 2,057,010 shares in the price range of $50.48 to $42.48 per share. Since then the price per share has increased approximately 6.6%.
Cohen holds on to 2,070,232 shares of Whiting Petroleum, representing 1.76% of the company’s shares outstanding and 0.52% of his total portfolio.
Cohen’s holding history as of the second quarter:
The company is an independent oil and natural gas company engaged in exploitation, acquisition, exploration and production activities mainly in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the U.S.
Whiting Petroleum’s historical revenue and net income:
The Peter Lynch Chart shows that Whiting Petroleum currently appears to be overvalued:
Whiting Petroleum has a market cap of $5.89 billion. Its shares are currently trading at around $49.60 with a P/E ratio of 15.30, a P/S ratio of 2.50 and a P/B ratio of 1.70. The company had an annual average earnings growth of 11.9% over the past 10 years.
Quicksilver Resources (KWK)
Cohen’s fifth largest increase of the second quarter came from Quicksilver Resources. The guru increased his position by 15288.8%. Cohen purchased a total of 2,458,421 shares at a quarterly average price of $2.33 per share. The share price has declined 27.5% since then.
As of the second quarter, Cohen held on to 2,474,501 shares of Quicksilver, representing 1.40% of the company’s shares outstanding and 0.023% of his total portfolio.
Cohen’s holding as of June 30:
The company is a Fort Worth-based independent oil and gas company engaged primarily in the acquisition, exploration, development, exploitation and production of natural gas, NGLs and oil onshore in North America.
Quicksilver’s historical revenue and net income:
Quicksilver Resources has a market cap of $292.8 million. Its shares are currently trading at around $1.65 with a P/S ratio of 0.40.
Check out Steven Cohen’s second quarter portfolio here.
Try a free 7-day premium membership here.
