Robert Olstein (Trades, Portfolio) is the chairman and chief investment officer of the Olstein Financial Alert Fund (OFALX). In both the first and second quarters of 2016, the guru bought shares in the following stocks:
Harmonic Inc. (HLIT)
In the first quarter, the guru increased his stake by 41.88% and increased it by 25.15% in the second quarter. The investor currently holds 1.09% of outstanding shares of the company. Harmonic designs, manufactures and sells video products and system solutions that enable service providers to efficiently deliver the next generation of broadcast and on-demand services.
The largest shareholder among the gurus is Chuck Royce (Trades, Portfolio) with 2.66% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 1.56%.
eBay Inc. (EBAY)
In the first quarter, the investor increased his stake by 23.15% and raised it by 4.14% in the second quarter. The investor currently holds 0.02% of outstanding shares of the company. EBay is a commerce platform and provides an online marketplace for the sale of goods. The company's business segments are Marketplaces, Payments and Enterprise.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 0.77% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.37%, Jim Simons (Trades, Portfolio) with 0.27%, Joel Greenblatt (Trades, Portfolio) with 0.26%, First Eagle Investment (Trades, Portfolio) with 0.17%, George Soros (Trades, Portfolio) with 0.15% and Mario Gabelli (Trades, Portfolio) with 0.06%.
Visa Inc. Class AÂ (V)
In the first quarter and second quarter, the guru increased his stake by 3.08% and 31.34%. The company is a payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. The Company operates a processing network - VisaNet.
The largest shareholder among the gurus is Frank Sands (Trades, Portfolio) with 1.74% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.69%, Spiros Segalas (Trades, Portfolio) with 0.54%, Warren Buffett (Trades, Portfolio) with 0.48%, Steve Mandel (Trades, Portfolio) with 0.34%, PRIMECAP Management (Trades, Portfolio) with 0.32% and Chris Davis (Trades, Portfolio) with 0.23%.
American Express Co. (AXP)
In the first quarter, the investor increased his stake by 40% and then by 3.57% in the second quarter. The investor currently holds 0.01% of outstanding shares of the payments, network and travel company, which offers credit payment card products and travel-related services to consumers and businesses.
Warren Buffett (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 16.41% of outstanding shares, followed by Dodge & Cox with 3.06%, Barrow, Hanley, Mewhinney & Strauss with 2.16%, First Eagle Investment (Trades, Portfolio) with 1.7% and Chris Davis (Trades, Portfolio) with 1.47% and Ken Fisher (Trades, Portfolio) with 1.27%.
Delphi Automotive PLCÂ (DLPH)
In the first quarter, the guru increased his stake by 42.86% and increased it by 43.75% in the second quarter. The investor currently holds 0.04% of outstanding shares of the stock. The company is engaged in the manufacturing of vehicle components. Its business segments are Electrical/Electronic Architecture, Powertrain Systems, Electronics and Safety and Thermal Systems.
The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 0.25% of outstanding shares, followed by Steven Cohen (Trades, Portfolio) with 0.05%, RS Investment Management (Trades, Portfolio) with 0.05%, Keeley Asset Management Corp (Trades, Portfolio) with 0.33% and Signature Select Canadian Fund (Trades, Portfolio) with 0.01%.
BB&T Corp.(BBT)
In the first quarter, the investor increased his stake by 7.04% and increased it by 3.51% in the second quarter. The investor currently holds 0.01% of outstanding shares of the financial holding company, which through its subsidiary, Branch Banking and Trust company, provides a range of banking services to individuals and businesses, and offers loans to businesses and consumers.
Dodge & Cox is the largest shareholder of the company among the gurus, 3.04% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 1.87%, Jim Simons (Trades, Portfolio) with 0.25%, Richard Pzena (Trades, Portfolio) with 0.06%, Charles Brandes (Trades, Portfolio) with 0.06%, Manning & Napier Advisors Inc with 0.01% and Tom Russo (Trades, Portfolio) with 0.01%.
Delta Air Lines Inc. (DAL)
In the first quarter, the guru increased his stake by 8.53% and raised it by 68.57% in the second quarter. The investor currently holds 0.03% of outstanding shares of the company, which provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company's business segments are airline and refinery.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 2.6% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.34%, First Eagle Investment (Trades, Portfolio) with 0.33%, Joel Greenblatt (Trades, Portfolio) with 0.17%, Leon Cooperman (Trades, Portfolio) with 0.15%, Julian Robertson (Trades, Portfolio) with 0.08%, John Burbank (Trades, Portfolio) with 0.02% and Steven Cohen (Trades, Portfolio) with 0.02%.
General Motors Co. (GM)
In the first quarter, the guru increased his stake by 1.05% and again by 6.60% in the second quarter. The investor currently holds 0.02% of outstanding shares of the stock. GM designs, builds and sells cars, trucks and automobile parts. The company also provides automotive financing services through General Motors Financial Company Inc.
The largest shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 3.2% of outstanding shares, followed by David Einhorn (Trades, Portfolio) with 1.1%, HOTCHKIS & WILEY with 0.76%, Bill Nygren (Trades, Portfolio) with 0.49%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.21% and NWQ Managers (Trades, Portfolio) with 0.19%.
Citizens Financial Group Inc. (CFG)
During the first quarter, the investor increased his stake 65.74% and again by 17.41% in the second quarter. The investor currently holds 0.11% of outstanding shares of the company, which is a bank holding company that through its subsidiaries, provides retail and commercial banking products and services.
HOTCHKIS & WILEY is the largest shareholder of the company among the gurus, with 4.22% of outstanding shares, followed by Chris Davis (Trades, Portfolio) with 2.07%, Richard Pzena (Trades, Portfolio) with 0.4%, Michael Price (Trades, Portfolio) with 0.06% and Charles Brandes (Trades, Portfolio) with 0.04%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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