John Rogers (Trades, Portfolio) is the founder of Ariel Investment LLC, which he started in 1983. He is also a long-term Forbes columnist, writing a column called "Patient Investor." In both the first and second quarters, the guru bought shares in the following stocks.
Cullen/Frost Bankers Inc. (CFR)
In the first quarter, the guru increased his stake by 82.44% and slightly increased it by 1.89% in the second quarter. The guru currently holds 0.05% of outstanding shares of the stock. The company is a financial holding company and a bank holding company. It offers commercial and consumer banking services, trust and investment management, mutual funds, investment banking, leasing and item processing services.
The largest shareholder among the gurus is Ken Fisher (Trades, Portfolio) with 0.41% of outstanding shares, followed by Third Avenue Management (Trades, Portfolio) with 0.13%, Ray Dalio (Trades, Portfolio) with 0.02%, David Dreman (Trades, Portfolio) with 0.01% and Meridian Funds (Trades, Portfolio) with 0.01%.
Fastenal Co. (FAST)
In the first quarter, the investor increased his stake by 10.38% and increased it by 3.07% in the second quarter. The guru currently holds 0.01% of outstanding shares of the stock. Fastenal is engaged in the wholesale distribution of industrial and construction supplies in North America. The company offers bolts, nuts, screws, studs and related washers, and miscellaneous supplies and hardware.
Ruane Cunniff (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 4.19% of outstanding shares followed by Ron Baron (Trades, Portfolio) with 0.87%, Mairs and Power (Trades, Portfolio) with 0.76%, Jim Simons (Trades, Portfolio) with 0.17%, John Hussman (Trades, Portfolio) with 0.06% and Paul Tudor Jones (Trades, Portfolio) with 0.01%.
W.W. Grainger Inc. (GWW)
During first quarter, Rogers increased his stake by 10.49% and by 3.14% in the second. He currently holds 0.01% of outstanding shares of the company, which is a distributor of maintenance, repair and operating supplies and other related products and services used by businesses and institutions in the United States and Canada, with expanding operations.
The largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 3% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.31%, Joel Greenblatt (Trades, Portfolio) with 0.09%, Meridian Funds (Trades, Portfolio) with 0.05%, Jim Simons (Trades, Portfolio) with 0.04%, Chuck Royce (Trades, Portfolio) with 0.04% and Ray Dalio (Trades, Portfolio) with 0.02%.
Novartis AG ADR. (NVS)
In the first quarter, the guru increased his stake by 18.01% and increased it by 11.45% in the second. The company is engaged in the research, development, manufacturing and marketing of healthcare products and pharmaceuticals.
Dodge & Cox is the largest shareholder of the company among the gurus, with 1.86% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.87%, Ken Fisher (Trades, Portfolio) with 0.27%, Manning & Napier Advisors Inc. with 0.15%, Jim Simons (Trades, Portfolio) with 0.09% and Sarah Ketterer (Trades, Portfolio) with 0.01%.
Gulf Island Fabrication Inc. (GIFI)
In the first quarter, the investor boosted his stake by 140.69% and increased it by 25.79% in the second. The investor currently holds 4.93% of outstanding shares of the stock. Gulf Island is a fabricator of offshore drilling and production platforms and other specialized structures used in the development and production of offshore oil and gas reserves.
Another notable shareholder among the gurus is John Rogers (Trades, Portfolio) with 4.78% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 1.34%.
Costco Wholesale Corp. (COST)
During the fist quarter, Rogers increased his stake by 5.48% and largely increased it by 155.97% in the second quarter. The investor currently holds 0.01% of outstanding shares of the stock. The company offers its members low prices on a limited selection of nationally branded and select private-label products in merchandise categories.
Warren Buffett (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 0.99% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.66%, Chris Davis (Trades, Portfolio) with 0.48%, Jeremy Grantham (Trades, Portfolio) with 0.2%, Ruane Cunniff (Trades, Portfolio) with 0.14%, Jim Simons (Trades, Portfolio) with 0.08% and RS Investment Management (Trades, Portfolio) with 0.01%.
Morgan Stanley. (MS)
In the first quarter, the guru increased his stake by 27.06% and increased it by 22.84% in the second. The guru currently holds 0.01% of outstanding shares of the stock. The company, through its subsidiaries and affiliates, provides financial products and services to a diversified group of clients and customers, including corporations, governments, financial institutions and individuals.
The largest shareholder among the gurus is Jeff Ubben (Trades, Portfolio) with 1.99% of outstanding shares, followed by Richard Pzena (Trades, Portfolio) with 0.67%, Diamond Hill Capital (Trades, Portfolio) with 0.64%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.61%, HOTCHKIS & WILEY with 0.39%, Spiros Segalas (Trades, Portfolio) with 0.3%, Ken Heebner (Trades, Portfolio) with 0.14% and Mario Gabelli (Trades, Portfolio) with 0.1%.
Brooks Automation Inc. (BRKS)
In the first quarter, the investor increased his stake by 158.44% and by 5.34% in the second. The investor currently holds 1.05% of outstanding shares of the stock. Brooks is a provider of automation and cryogenic solutions for multiple markets, including semiconductor manufacturing and life sciences.
The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 8.36% of outstanding shares, followed by Chuck Royce (Trades, Portfolio) with 4.5%.
Capital Southwest Corp. (CSWC)
In the first quarter, the guru increased his stake by 178.76% and boosted it again by 143.56% in the second quarter. The guru currently holds 3.84% of outstanding shares of the stock. Capital Southwest is an investment company engaged in the acquisitions and investments in a range of industry segments. Its portfolio consists of private companies, in which it has controlling interests and has minority interests.
Third Avenue Management (Trades, Portfolio) is another notable shareholder of the company among the gurus, with 0.96% of outstanding shares, followed by Murray Stahl (Trades, Portfolio) with 0.11% and Paul Tudor Jones (Trades, Portfolio) with 0.07%.
Kindred Biosciences Inc. (KIN)
In the first quarter, the investor added 43.61% to his stake and he increased it again by 3.01% in the second quarter. The investor currently holds 18.58% of outstanding shares of the stock.
Another notable shareholder among the gurus is Seth Klarman (Trades, Portfolio) with 15.15% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 1.52% and Chuck Royce (Trades, Portfolio) with 0.74%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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