Robert L. Rodriguez is the CEO of First Pacific Advisors (Trades, Portfolio). He bought shares in the following stocks in the first and second quarter of 2016:
The Madison Square Garden Co. Class A. (MSG)
During the first quarter of 2016, FPA increased its stake by 25.89% and in the second quarter, again bought shares in the company with another increase of 3.02% of its stake. They currently hold 3.87% of outstanding shares in the company, which is a live sports and entertainment company with a portfolio of sports teams, exclusive entertainment productions and celebrated venues.
The largest shareholder among the gurus is Mario Gabelli (Trades, Portfolio) with 3.87% of outstanding shares of the company, followed by John Rogers (Trades, Portfolio) with 2.04%, Ron Baron (Trades, Portfolio) with 1.04%, Murray Stahl (Trades, Portfolio) with 0.34% and Jim Simons (Trades, Portfolio) with 0.24%.
Babcock & Wilcox Enterprises Inc. (BW)
During the first quarter of 2016, FPA increased its stake by 7.39% and raised it again by 19.60% in the second quarter. They currently hold 4.21% of outstanding shares of the company, which is engaged in the manufacturing of fossil fuels and renewable power generation equipment. The company offers broad suite of boiler products and environmental systems and services for power and industrial uses
Mariko Gordon (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 5.08% of outstanding shares, followed by FPA Capital Fund (Trades, Portfolio) with 2.2%, Charles Brandes (Trades, Portfolio) with 0.2%, Jim Simons (Trades, Portfolio) with 0.17% and Paul Tudor Jones (Trades, Portfolio) with 0.07%.
Dana Inc. (DAN)
During first quarter of 2016, FPA increased its stake by 2.56% and increased it by 17.60% in the second quarter. The fund currently holds 3.11% of outstanding shares of the company, which provides technology driveline, sealing and thermal-management products for vehicle manufacturers in the light vehicle, medium/heavy vehicle and off-highway markets.
The largest shareholder among the gurus is Mario Gabelli (Trades, Portfolio) with 3.87% of outstanding shares, followed by Richard Pzena (Trades, Portfolio) with 3.69%, FPA Capital Fund (Trades, Portfolio) with 1.47%, Steven Cohen (Trades, Portfolio) with 0.78%, Chuck Royce (Trades, Portfolio) with 0.75%, Ken Fisher (Trades, Portfolio) with 0.53% and Jim Simons (Trades, Portfolio) with 0.27%.
Aaron's Inc. (AAN)
During the first quarter of 2016, the firm increased its stake by 11.53% and in the second quarter, raised it by 9.68%. They currently hold 3.31% of outstanding shares of the stock. The company is a specialty retailer of furniture, consumer electronics, computers, appliances and household accessories. Its business segments are Sales and Lease Ownership, Progressive, HomeSmart, Franchise and Manufacturing.
Diamond Hill Capital (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 5.27% of outstanding shares, followed by FPA Capital Fund (Trades, Portfolio) 1.63%, Mario Gabelli (Trades, Portfolio) with 1.43%, Charles Brandes (Trades, Portfolio) with 0.49%, Steven Cohen (Trades, Portfolio) with 0.19%, Paul Tudor Jones (Trades, Portfolio) with 0.08% and PRIMECAP Management (Trades, Portfolio) with 0.06%.
Western Digital Corp. (WDC)
During the first quarter of 2016, FPA increased its stake by 4.82% and in the second quarter, again bought shares in the company increasing its position by 0.40%. The fund currently holds 0.02% of outstanding shares of the stock. Western Digital is a developer, manufacturer and provider of data storage solutions that enable consumers, businesses, governments and other organizations to create, manage, experience and preserve digital content. Its products include HDDs and SSDs.
The largest shareholder among the gurus is T Rowe Price Equity Income Fund (Trades, Portfolio) with 1.26% of outstanding shares, followed by Charles Brandes (Trades, Portfolio) with 0.79%, David Tepper (Trades, Portfolio) with 0.51%, PRIMECAP Management (Trades, Portfolio) with 0.45%, FPA Capital Fund (Trades, Portfolio) with 0.36% and Joel Greenblatt (Trades, Portfolio) with 0.33%.
Alphabet Inc. Class C. (GOOG)
During the first quarter of 2016, FPA increased its stake by 1.08% and by 12.83% in the second quarter. They currently hold 0.04% of outstanding shares of the company, which through its subsidiary Google Inc., is engaged in improving the ways people connect with information and products including Search, Android, YouTube, Apps, Maps and Ads. It also produces internet-connected home devices and provides internet services.
Dodge & Cox is the largest shareholder of the company among the gurus, with 0.46% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.36%, Chris Davis (Trades, Portfolio) with 0.2%, Frank Sands (Trades, Portfolio) with 0.14%, Mason Hawkins (Trades, Portfolio) with 0.14% and Steve Mandel (Trades, Portfolio) with 0.13%.
Qualcomm Inc. (QCOM)
During the first quarter of 2016, FPA increased its stake by 14.14% and in the second quarter, raised it by 12.47%. The fund currently holds 0.27% of outstanding shares of the stock. Qualcomm develops digital communication technology called CDMA (Code Division Multiple Access) and owns intellectual property applicable to products that implement any version of CDMA including patents, patent applications and trade secrets.
The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 1.47% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 1.18%, Ken Fisher (Trades, Portfolio) with 0.66%, Manning & Napier Advisors Inc. with 0.63%, Jeremy Grantham (Trades, Portfolio) with 0.62%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.34%, Bill Nygren (Trades, Portfolio) with 0.32% and David Rolfe (Trades, Portfolio) with 0.27%.
Bank of America Corporation (BAC)
During the first quarter, FPA increased its stake by 33.62% and in the second quarter, again bought shares in the company with another increase of 24.26% of its stake. FPA currently holds 0.32% of outstanding shares of the stock. Bank of America is a bank holding and financial holding company. Through its subsidiaries, it provides banking and non-banking financial services and products throughout the United States and in selected international markets.
The largest shareholder among the funds is Dodge & Cox with 2.18% of outstanding shares, followed by Barrow, Hanley, Mewhinney & Strauss with 0.82%, HOTCHKIS & WILEY with 0.59%, Ken Fisher (Trades, Portfolio) with 0.42%, Bill Nygren (Trades, Portfolio) with 0.32%, Richard Pzena (Trades, Portfolio) with 0.32%, Steven Romick (Trades, Portfolio) with 0.24% and T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.19%.
Citigroup Inc. (C)
During the first quarter, FPA increased its stake by 14.74% and in the second quarter raised it by 14.79%. The fund currently holds 0.5% of outstanding shares of the stock. Citigroup is a financial services holding company. It provides financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage and wealth management.
Barrow, Hanley, Mewhinney & Strauss is the largest shareholder of the company among the gurus, with 0.72% of outstanding shares, followed by HOTCHKIS & WILEY with 0.62%, Ken Fisher (Trades, Portfolio) with 0.41%, Steven Romick (Trades, Portfolio) with 0.38%, Diamond Hill Capital (Trades, Portfolio) with 0.35%, Richard Pzena (Trades, Portfolio) with 0.33%, Bill Nygren (Trades, Portfolio) with 0.33% and T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.19%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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