Jeff Auxier (Trades, Portfolio) of Auxier Asset Management has agreed to participate in an exclusive Q&A with GuruFocus. Please submit your questions below in the comment box and we will pick the top 20 to ask the investor.
Auxier was first introduced to the world of investing when he mowed Robert Pamplin's lawn. The Georgia Pacific CEO taught Auxier about remaining ethical. Pamplin's ideas about how a business should be transparent and shareholders should come first were later adopted and applied to Auxier's firm.
Auxier currently has 133 positions in his portfolio, valued at $237 million and has a 1% quarter over quarter turnover. 24.8% of his stocks are part of the consumer defensive sector. The second most heavily weighted is the healthcare sector, which consists of 24.2% of the portfolio. Third is the financial services sector, which is 17.8% of his portfolio.
Kroger Co (KR, Financial) is his most heavily weighted stock. KR consists of 3.9% of his overall portfolio. Auxier currently owns 120,555 shares valued around $9,242,000.
UnitedHealth Group Inc (UNH, Financial) is Auxier's second largest holding, consisting of 3.59% of his overall portfolio. He currently owns 71,951 shares valued at $8,511,000.
The third largest holding is Philip Morris International Inc (PM, Financial), which makes up 3.31% of his portfolio. He currently has 104,344 shares valued at $7,860,000.
Mr. Auxier is looking forward to answering your questions.
