George Soros (Trades, Portfolio) is known for the unmatched success of his Quantum Fund. A hedge fund guru, he is recognized for having the best performance record of any investment fund in the world over its 26-year history.
The following are its largest sales during the fourth quarter 2015.
The investor reduced his stake in YPF Sociedad Anonima (YPF) by 88.02% and the deal had an impact of -2.32% on the portfolio.
It is an integrated oil and gas company incorporated in Spain. Its upstream operations consist of the exploration, development and production of crude oil, natural gas and LPG. Its downstream operations include the refining, marketing, transportation and distribution of oil and a wide range of petroleum products, petroleum derivatives, petrochemicals, LPG and bio-fuels.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with strong returns of ROE of 5.22% and ROA of 1.77% that are over performing 68% of the companies in the Global Oil & Gas Integrated industry. Financial strength has a rating of 4 out of 10, with a cash-to-debt of 0.15 that is below the industry median of 0.36.
Some notable shareholders among the gurus are Kyle Bass (Trades, Portfolio) who holds 0.38% of outstanding shares of the company, Howard Marks (Trades, Portfolio) with 0.2% and Jim Simons (Trades, Portfolio) with 0.07%.
Soros reduced his stake in Allergan PLCÂ (AGN) by 52.83% and the deal had an impact of -1.9% on the portfolio.
It is an integrated specialty pharmaceutical company. The company is engaged in development, manufacturing, marketing, sale and distribution of generic, branded generic, brand name, biosimilar and over-the-counter pharmaceutical products. During the fourth quarter, adjusted EBITDA from Continuing Operations increased 115% and net revenue from continuing operations increased 74%.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with weak returns of ROE of 18.19% and ROA of 8.93% that are under performing 55% of the companies in the industry. Financial strength has a rating of 5 out of 10, with a cash-to-debt of 0.03 that is far below the industry median of 3.46.
The company’s largest shareholder among the gurus is Vanguard Health Care Fund (Trades, Portfolio) with 2.78% of outstanding shares, followed by Andreas Halvorsen (Trades, Portfolio) with 1.51%, John Paulson (Trades, Portfolio) with 1.4%, Daniel Loeb (Trades, Portfolio) with 1.37%, Paul Singer (Trades, Portfolio) with 0.51%, John Griffin (Trades, Portfolio) with 0.51% and Jana Partners (Trades, Portfolio) with 0.3%.
The investor exited his stake in Vipshop Holdings Ltd. (VIPS) with an impact of -1.69% on the portfolio.
The company through its subsidiaries operates an online platform that offers products to consumers in China through flash sales on its vipshop.com and vip.com website. Fourth quarter total net revenue increased by 65% and gross profit increased by 60%. The company reported an increase of 114% for income from operations and 96% for non-GAAP income from operations.
GuruFocus gives the stock a profitability and growth rating of 3 out of 10 with strong returns of ROE of 57.55% and ROA of 11.30% that are over performing 86% of the companies in the Global Specialty Retail industry. Financial strength has a rating of 8 out of 10, with a cash-to-debt of 1.24 that is above the industry median of 0.92.
Chase Coleman (Trades, Portfolio) is the largest shareholder among the gurus with 8.51% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.46%, Chris Davis (Trades, Portfolio) with 0.21%, Ruane Cunniff (Trades, Portfolio) with 0.19% and Matthews China Fund (Trades, Portfolio) with 0.16%.
Soros closed his stake in NextEra Energy Inc. (NEE) with an impact of -1.68% on the portfolio.
The company provides retail and wholesale electric services to nearly 5 million customers and owns generation, transmission and distribution facilities to support its services.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with easy returns of ROE of 12.93% and ROA of 3.54% that are over performing 59% of the companies in the industry. Financial strength has a rating of 6 out of 10, with a cash-to-debt of 0.02 that is below the industry median of 0.27.
The company’s largest shareholder among the gurus is Jim Simons (Trades, Portfolio) with 0.16% of outstanding shares, followed by John Burbank (Trades, Portfolio) with 0.12%, Robert Bruce (Trades, Portfolio) with 0.05%, Mario Gabelli (Trades, Portfolio) with 0.02%, Pioneer Investments (Trades, Portfolio) with 0.02% and Bernard Horn (Trades, Portfolio) with 0.01%.
Soros reduced his stake in Facebook Inc. (FB) by 54.77% and the deal had an impact of -1.52% on the portfolio.
The company is a social networking website that builds products that creates utility for users, developers, and advertisers. Last year was a great year for Facebook in which revenue had an increase of 44% year-over-year and daily active users (DAUs) grew 17% year-over-year.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with easy returns of ROE of 9.24% and ROA of 8.31% that are over performing 57% of the companies in the industry. Financial strength has a rating of 7 out of 10, with a cash-to-debt of 58.52 that is above the industry median of 14.
Frank Sands (Trades, Portfolio) is the largest shareholder among the gurus with 0.84% of outstanding shares, followed by Steve Mandel (Trades, Portfolio) with 0.34%, John Griffin (Trades, Portfolio) with 0.11%, Chris Davis (Trades, Portfolio) with 0.09% and Stanley Druckenmiller (Trades, Portfolio) with 0.09%.
Soros exited his stake in PMC-Sierra Inc. (PMCS) with an impact of -1.29% on the portfolio.
The company is a semiconductor and and software solution provider transforming networks that connect, move and store digital content. It designs, develops, markets and supports semiconductor solutions by integrating its mixed-signal, software and systems expertise through a network of offices in North America, Europe and Asia.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with weak returns of ROE of 0.86% and ROA of 0.61% that are under performing 65% of the companies in the Global Semiconductors industry. Financial strength has a rating of 9 out of 10, with a cash-to-debt of 3.85 that is higher than the industry median of 1.64.
The company’s largest shareholder among the gurus is Jim Simons (Trades, Portfolio) with 0.76% of outstanding shares, followed by Paul Tudor Jones (Trades, Portfolio) with 0.74% and Mario Gabelli (Trades, Portfolio) with 0.31%.
The investor closed his position in NRG Energy Inc. (NRG) with an impact of -1.1% on the portfolio.
The company is a power and energy company that aspires in the way residential, industrial and commercial consumers think about, use, produce and deliver energy and energy services in competitive power markets in the U.S. Fourth quarter adjusted EBITDA was $308 million, $6 million higher than the fourth quarter 2014. Full year 2015 adjusted EBITDA was $135 million higher than 2014.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with negative returns of ROE of -78.84% and ROA of -16.45% that are under performing 68% of the companies in the industry. Financial strength has a rating of 4 out of 10, with a cash-to-debt of 0.08 that is below the industry median of 0.17.
HOTCHKIS & WILEY is the largest shareholder among the gurus with 10.97% of outstanding shares, followed by Donald Smith (Trades, Portfolio) with 0.44%, Ray Dalio (Trades, Portfolio) with 0.42%, Joel Greenblatt (Trades, Portfolio) with 0.3%and John Keeley (Trades, Portfolio) with 0.3%.
Soros reduced his stake in eBay Inc. (EBAY) by 36.47% with an impact of -0.82% on the portfolio.
The company enables commerce and payments on behalf of users, merchants, retailers and brands of all sizes. Its business segments are Marketplaces and Enterprise.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with strong returns of ROE of 11.93% and ROA of 5.02% that are over performing 66% of the companies in the Global Specialty Retail industry. Financial strength has a rating of 8 out of 10, with a cash-to-debt of 0.90 that is below the industry median of 0.92.
The company’s largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.67% of outstanding shares, followed by Manning & Napier Advisors with 0.46%, Pioneer Investments (Trades, Portfolio) with 0.4%, Dodge & Cox with 0.37%, Jim Simons (Trades, Portfolio) with 0.34% and Daniel Loeb (Trades, Portfolio) with 0.34%.
