Texas Superinvestor Arnold Van Den Berg Buys Chicago Bridge & Iron, Post Holdings, Era Group, Sells McDermott International, Lawson Products Inc

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Oct 07, 2014
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Texas super investor Arnold Van Den Berg (Trades, Portfolio) just released his third portfolio through private communication with GuruFocus. He buys Chicago Bridge & Iron Company, Post Holdings Inc, Era Group Inc, Exelon Corp, Atwood Oceanics Inc during the 3-months ended 09/30/2014. This is the value composite portfolio at Century Management. As of 09/30/2014, Century Management Value Composite owns 82 stocks with a total value of $1 billion.

To learn more about Arnold van den Berg, please read GuruFocus’s interview with him.

These are the details of the buys and sells.

For the details of Arnold Van Den Berg (Trades, Portfolio)'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Arnold+Van+Den+Berg

This is the sector weightings of his portfolio:

Industrials 22.4%
Basic Materials 21.8%
Financial Services 18.1%
Energy 15.3%
Technology 13.2%
Communication Services 3%
Consumer Defensive 1.6%
Utilities 1.2%
Consumer Cyclical 0.4%
Healthcare 0.1%
Real Estate 0.1%


These are the top 5 holdings of Arnold Van Den Berg (Trades, Portfolio)

1. Berkshire Hathaway Inc (BRK.B) - 353,858 shares, 4.8% of the total portfolio. Shares reduced by 5.14%

2. Wells Fargo & Co (WFC) - 812,130 shares, 4.2% of the total portfolio. Shares reduced by 5.56%

3. Jacobs Engineering Group Inc (JEC) - 800,985 shares, 3.9% of the total portfolio. Shares reduced by 5.49%

4. Cisco Systems Inc (CSCO) - 1,521,579 shares, 3.8% of the total portfolio. Shares reduced by 7.03%

5. Corning Inc (GLW) - 1,813,595 shares, 3.5% of the total portfolio. Shares reduced by 7.72%

New Purchase: Chicago Bridge & Iron Company (CBI, Financial)

Arnold Van Den Berg (Trades, Portfolio) initiated holdings in Chicago Bridge & Iron Company. His purchase prices were between $58.03 and $69.92, with an estimated average price of $63.03. The impact to his portfolio due to this purchase was 2.1%. His holdings were 362,960 shares as of 09/30/2014. Chicago Bridge & Iron Company was founded in 1889. It provides conceptual design, technology, engineering, procurement, fabrication, construction and commissioning services to customers in the energy, petrochemical and natural resource industries. Chicago Bridge & Iron Company has a market cap of $5.82 billion; its shares were traded at around $54.38 with a P/E ratio of 10.80 and P/S ratio of 0.49. The dividend yield of Chicago Bridge & Iron Company stocks is 0.50%. Chicago Bridge & Iron Company had an annual average earnings growth of 24.30% over the past 10 years. GuruFocus rated Chicago Bridge & Iron Company the business predictability rank of 2.5-star.

New Purchase: Post Holdings Inc (POST, Financial)

Arnold Van Den Berg (Trades, Portfolio) initiated holdings in Post Holdings Inc. His purchase prices were between $33.34 and $49.92, with an estimated average price of $40.56. The impact to his portfolio due to this purchase was 1.6%. His holdings were 500,410 shares as of 09/30/2014. Post Holdings Inc was incorporated in the state of Missouri. Post Holdings Inc has a market cap of $1.52 billion; its shares were traded at around $33.83 with and P/S ratio of 0.80.

New Purchase: Exelon Corp (EXC, Financial)

Arnold Van Den Berg (Trades, Portfolio) initiated holdings in Exelon Corp. His purchase prices were between $31.01 and $34.59, with an estimated average price of $32.77. The impact to his portfolio due to this purchase was 1.2%. His holdings were 366,200 shares as of 09/30/2014. Exelon Corporation, a public utility holding company, operates through its principal subsidiaries- ComEd, PECO and Generation. Exelon Corp has a market cap of $30.24 billion; its shares were traded at around $34.88 with a P/E ratio of 16.30 and P/S ratio of 1.16. The dividend yield of Exelon Corp stocks is 3.50%. Exelon Corp had an annual average earnings growth of 0.70% over the past 10 years.

New Purchase: InnerWorkings Inc (INWK, Financial)

Arnold Van Den Berg (Trades, Portfolio) initiated holdings in InnerWorkings Inc. His purchase prices were between $7.99 and $8.92, with an estimated average price of $8.41. The impact to his portfolio due to this purchase was 0.39%. His holdings were 484,308 shares as of 09/30/2014. InnerWorkings, Inc. is a provider of print and promotional procurement solutions, serving corporate clients across a wide range of industries. Innerworkings Inc has a market cap of $409.500 million; its shares were traded at around $7.95 with and P/S ratio of 0.40. Innerworkings Inc had an annual average earnings growth of 14.30% over the past 10 years.

New Purchase: The Intergroup Corp (INTG, Financial)

Arnold Van Den Berg (Trades, Portfolio) initiated holdings in The Intergroup Corp. His purchase prices were between $19 and $20.5, with an estimated average price of $19.47. The impact to his portfolio due to this purchase was 0.08%. His holdings were 43,300 shares as of 09/30/2014. InterGroup Corporation is incorporated in the state of Delaware which was formed in 1985. The Intergroup Corp has a market cap of $46.000 million; its shares were traded at around $19.26 with and P/S ratio of 0.70.

New Purchase: Avid Technology Inc (AVID, Financial)

Arnold Van Den Berg (Trades, Portfolio) initiated holdings in Avid Technology Inc. His purchase prices were between $7.45 and $10.55, with an estimated average price of $8.31. The impact to his portfolio due to this purchase was 0.07%. His holdings were 67,434 shares as of 09/30/2014. Avid Technology, Inc. is a provider of digital media content-creation products and solutions for audio, film, video, and broadcast professionals, as well as artists and creative enthusiasts. Avid Technology Inc has a market cap of $395.600 million; its shares were traded at around $9.95 with a P/E ratio of 17.80 and P/S ratio of 0.69.

New Purchase: Signature Group Holdings Inc (SGGH, Financial)

Arnold Van Den Berg (Trades, Portfolio) initiated holdings in Signature Group Holdings Inc. His purchase prices were between $8.05 and $9.95, with an estimated average price of $8.74. The impact to his portfolio due to this purchase was 0.05%. His holdings were 66,075 shares as of 09/30/2014. Signature Group Holdings Inc is a diversified business and financial services enterprise. Signature Group Holdings Inc has a market cap of $95.200 million; its shares were traded at around $7.82 with and P/S ratio of 2.67.

Sold Out: Walter Investment Management Corp (WAC)

Arnold Van Den Berg (Trades, Portfolio) sold out his holdings in Walter Investment Management Corp. His sale prices were between $22.75 and $29.42, with an estimated average price of $26.15. Walter Investment Management Corp is a fee-based business services provider to the residential mortgage industry. Walter Investment Management Corp has a market cap of $807.000 million; its shares were traded at around $21.56 with a P/E ratio of 9.50 and P/S ratio of 0.59. Walter Investment Management Corp had an annual average earnings growth of 65.40% over the past 5 years.

Sold Out: Lawson Products Inc (LAWS)

Arnold Van Den Berg (Trades, Portfolio) sold out his holdings in Lawson Products Inc. His sale prices were between $16.32 and $22.42, with an estimated average price of $18.24. Lawson Products, Inc. was incorporated in Illinois in 1952, and reincorporated in Delaware in 1982. Lawson Products Inc has a market cap of $191.300 million; its shares were traded at around $22.10 with and P/S ratio of 0.70.

Sold Out: International Game Technology (IGT)

Arnold Van Den Berg (Trades, Portfolio) sold out his holdings in International Game Technology. His sale prices were between $15.11 and $17.37, with an estimated average price of $16.66. International Game Technology was incorporated in Nevada in December 1980. International Game Technology has a market cap of $4.21 billion; its shares were traded at around $17.06 with a P/E ratio of 18.10 and P/S ratio of 2.00. The dividend yield of International Game Technology stocks is 2.60%. International Game Technology had an annual average earnings growth of 5.60% over the past 5 years.

Sold Out: Anglo American PLC (AAUKY)

Arnold Van Den Berg (Trades, Portfolio) sold out his holdings in Anglo American PLC. His sale prices were between $11.16 and $13.94, with an estimated average price of $12.85. Anglo American PLC was founded in 1917. The Company is incorporated in the United Kingdom. Anglo American Plc has a market cap of $30.01 billion; its shares were traded at around $10.76 with and P/S ratio of 0.95. The dividend yield of Anglo American Plc stocks is 3.50%.

Added: Era Group Inc (ERA, Financial)

Arnold Van Den Berg (Trades, Portfolio) added to his holdings in Era Group Inc by 399.77%. His purchase prices were between $22.26 and $29.73, with an estimated average price of $26.22. The impact to his portfolio due to this purchase was 1.28%. His holdings were 745,636 shares as of 09/30/2014. Era Group Inc is helicopter operators in the world and the longest serving helicopter transport operator in the United States, which is its primary area of operations. Era Group Inc has a market cap of $438.200 million; its shares were traded at around $22.02 with a P/E ratio of 27.60 and P/S ratio of 1.40.

Added: Atwood Oceanics Inc (ATW, Financial)

Arnold Van Den Berg (Trades, Portfolio) added to his holdings in Atwood Oceanics Inc by 92.75%. His purchase prices were between $42.98 and $52.1, with an estimated average price of $47.95. The impact to his portfolio due to this purchase was 1.15%. His holdings were 560,680 shares as of 09/30/2014. Atwood Oceanics, Inc. was organized in 1968 as a Texas corporation and commenced operations in 1970. Atwood Oceanics Inc has a market cap of $2.67 billion; its shares were traded at around $41.52 with a P/E ratio of 8.20 and P/S ratio of 2.36. Atwood Oceanics Inc had an annual average earnings growth of 27.10% over the past 10 years. GuruFocus rated Atwood Oceanics Inc the business predictability rank of 3-star.

Added: Ensco PLC (ESV, Financial)

Arnold Van Den Berg (Trades, Portfolio) added to his holdings in Ensco PLC by 95.79%. His purchase prices were between $41.91 and $54.81, with an estimated average price of $49.61. The impact to his portfolio due to this purchase was 1.08%. His holdings were 539,455 shares as of 09/30/2014. Ensco PLC was formed as a Texas corporation in 1975 and was reincorporated in Delaware in 1987. Ensco Plc has a market cap of $8.91 billion; its shares were traded at around $38.07 with and P/S ratio of 1.79. The dividend yield of Ensco Plc stocks is 7.90%. Ensco Plc had an annual average earnings growth of 12.00% over the past 10 years.

Added: Diamond Offshore Drilling Inc (DO, Financial)

Arnold Van Den Berg (Trades, Portfolio) added to his holdings in Diamond Offshore Drilling Inc by 49.88%. His purchase prices were between $35.17 and $50.13, with an estimated average price of $44.22. The impact to his portfolio due to this purchase was 0.7%. His holdings were 618,815 shares as of 09/30/2014. Diamond Offshore Drilling, Inc. was incorporated in Delaware in 1989. Diamond Offshore Drilling Inc has a market cap of $4.52 billion; its shares were traded at around $33.03 with a P/E ratio of 10.80 and P/S ratio of 1.61. The dividend yield of Diamond Offshore Drilling Inc stocks is 1.50%. Diamond Offshore Drilling Inc had an annual average earnings growth of 15.10% over the past 10 years.

Added: Dynamic Materials Corp (BOOM)

Arnold Van Den Berg (Trades, Portfolio) added to his holdings in Dynamic Materials Corp by 195.1%. His purchase prices were between $19 and $23.44, with an estimated average price of $20.43. The impact to his portfolio due to this purchase was 0.54%. His holdings were 432,501 shares as of 09/30/2014. Dynamic Materials Corporation is incorporated in Delaware. Dynamic Materials Corp has a market cap of $259.000 million; its shares were traded at around $18.45 with a P/E ratio of 30.20 and P/S ratio of 1.21. The dividend yield of Dynamic Materials Corp stocks is 0.90%. Dynamic Materials Corp had an annual average earnings growth of 4.10% over the past 10 years.

Added: Comstock Mining Inc (LODE)

Arnold Van Den Berg (Trades, Portfolio) added to his holdings in Comstock Mining Inc by 21.51%. His purchase prices were between $1.19 and $1.688, with an estimated average price of $1.52. The impact to his portfolio due to this purchase was 0.35%. His holdings were 16,587,119 shares as of 09/30/2014. Comstock Mining, Inc., was incorporated in Florida in 1999 and reincorporated in Nevada in 2008. Comstock Mining Inc has a market cap of $86.700 million; its shares were traded at around $1.12 with and P/S ratio of 3.03.

Added: Ocwen Financial Corp (OCN)

Arnold Van Den Berg (Trades, Portfolio) added to his holdings in Ocwen Financial Corp by 24.14%. His purchase prices were between $25.16 and $37.13, with an estimated average price of $29.99. The impact to his portfolio due to this purchase was 0.25%. His holdings were 494,013 shares as of 09/30/2014. Ocwen Financial Corporation is a Florida corporation organized in February 1988 in connection with the acquisition of Ocwen Federal Bank FSB or the Bank. Ocwen Financial Corp has a market cap of $3.33 billion; its shares were traded at around $25.40 with a P/E ratio of 11.50 and P/S ratio of 1.70. Ocwen Financial Corp had an annual average earnings growth of 6.20% over the past 10 years. GuruFocus rated Ocwen Financial Corpthe business predictability rank of 2-star.

Added: PICO Holdings Inc (PICO)

Arnold Van Den Berg (Trades, Portfolio) added to his holdings in PICO Holdings Inc by 17.6%. His purchase prices were between $19.93 and $24.02, with an estimated average price of $21.88. The impact to his portfolio due to this purchase was 0.24%. His holdings were 798,105 shares as of 09/30/2014. PICO Holdings, Inc., was incorporated in 1981 and began operations in 1982. Pico Holdings Inc has a market cap of $454.000 million; its shares were traded at around $19.95 with and P/S ratio of 1.30.

Added: Enstar Group Ltd (ESGR)

Arnold Van Den Berg (Trades, Portfolio) added to his holdings in Enstar Group Ltd by 27.36%. His purchase prices were between $138 and $152.67, with an estimated average price of $142.43. The impact to his portfolio due to this purchase was 0.24%. His holdings were 79,116 shares as of 09/30/2014. Enstar Group Ltd., was incorporated under the laws of Bermuda on August, 2001. Enstar Group Ltd has a market cap of $2.6 billion; its shares were traded at around $137.06 with a P/E ratio of 9.10 and P/S ratio of 3.58. Enstar Group Ltd had an annual average earnings growth of 49.30% over the past 10 years.

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