Exploring the Latest Moves in Arnold Van Den Berg (Trades, Portfolio)'s Investment Strategy
Arnold Van Den Berg (Trades, Portfolio) recently submitted the 13F filing for the fourth quarter of 2024, providing insights into his investment moves during this period. Since founding Century Management in 1974, Arnold Van Den Berg (Trades, Portfolio) has consistently outperformed major indices. As a dedicated value investor and a disciple of Benjamin Graham, Van Den Berg employs a strategy focused on determining a company's intrinsic value and investing at a significant discount, typically 40% to 65% below this value, ensuring a margin of safety. His portfolio usually comprises 35-40 U.S.-based companies, reflecting his commitment to value investment principles.
Summary of New Buy
Arnold Van Den Berg (Trades, Portfolio) added a total of 5 stocks, among them:
- The most significant addition was Intel Corp (INTC, Financial), with 240,204 shares, accounting for 1.39% of the portfolio and a total value of $4.82 million.
- The second largest addition to the portfolio was Dell Technologies Inc (DELL, Financial), consisting of 34,805 shares, representing approximately 1.16% of the portfolio, with a total value of $4.01 million.
- The third largest addition was Alkami Technology Inc (ALKT, Financial), with 6,088 shares, accounting for 0.06% of the portfolio and a total value of $223,310.
Key Position Increases
Arnold Van Den Berg (Trades, Portfolio) also increased stakes in a total of 28 stocks, among them:
- The most notable increase was Thermo Fisher Scientific Inc (TMO, Financial), with an additional 4,907 shares, bringing the total to 8,588 shares. This adjustment represents a significant 133.31% increase in share count, a 0.74% impact on the current portfolio, with a total value of $4.47 million.
- The second largest increase was The Cigna Group (CI, Financial), with an additional 8,532 shares, bringing the total to 13,131. This adjustment represents a significant 185.52% increase in share count, with a total value of $3.63 million.
Summary of Sold Out
Arnold Van Den Berg (Trades, Portfolio) completely exited 3 holdings in the fourth quarter of 2024, as detailed below:
- DMC Global Inc (BOOM, Financial): Arnold Van Den Berg (Trades, Portfolio) sold all 61,439 shares, resulting in a -0.23% impact on the portfolio.
- Schwab 1-5 Year Corporate Bond ETF (SCHJ, Financial): Arnold Van Den Berg (Trades, Portfolio) liquidated all 17,496 shares, causing a -0.13% impact on the portfolio.
Key Position Reduces
Arnold Van Den Berg (Trades, Portfolio) also reduced positions in 50 stocks. The most significant changes include:
- Reduced Meta Platforms Inc (META, Financial) by 3,026 shares, resulting in a -25.78% decrease in shares and a -0.5% impact on the portfolio. The stock traded at an average price of $587.14 during the quarter and has returned 27.65% over the past 3 months and 25.73% year-to-date.
- Reduced Seabridge Gold Inc (SA, Financial) by 76,506 shares, resulting in a -10.91% reduction in shares and a -0.37% impact on the portfolio. The stock traded at an average price of $15.38 during the quarter and has returned -20.80% over the past 3 months and 1.14% year-to-date.
Portfolio Overview
At the fourth quarter of 2024, Arnold Van Den Berg (Trades, Portfolio)'s portfolio included 109 stocks. The top holdings included 5.77% in Berkshire Hathaway Inc (BRK.B, Financial), 5.19% in Exxon Mobil Corp (XOM, Financial), 5.14% in Sprott Physical Gold Trust (PHYS, Financial), 4.24% in Coherent Corp (COHR, Financial), and 4% in Alphabet Inc (GOOG, Financial).
The holdings are mainly concentrated in 9 of the 11 industries: Energy, Financial Services, Technology, Communication Services, Healthcare, Consumer Cyclical, Industrials, Basic Materials, and Real Estate.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
