NWQ Managers (Trades, Portfolio) is a value-oriented money management firm with several funds products and more than $54 billion under management. In both the second and third quarters the guru bought shares in the following stocks:
Total SA ADRĂ‚ (TOT)
During the second quarter, the guru increased its stake by 0.90% and by 33.48% in the third quarter.
Total is an integrated oil and gas company. It explores and develops oil and gas properties, liquefied natural gas, petrochemicals and specialty chemicals. It is also engaged in trading and shipping of crude oil and petroleum products. Third-quarter sales decreased 8% from the same quarter of the prior year, and adjusted net income decreased 25%. The company reported an increase of 81% for net income.
T Rowe Price Equity Income Fund (Trades, Portfolio) is the largest shareholder among the gurus with 0.32% of outstanding shares followed by Charles Brandes (Trades, Portfolio) with 0.03%.
Cedar Fair LPĂ‚ (FUN)
During the second quarter, the firm increased its stake by 3.42% and in the third quarter increased it by 126.02%.
The guru holds 0.17% of outstanding shares of the company, which is a regional amusement park operator. It owns 11 amusement parks, three outdoor water parks, one indoor water park and five hotels. Third-quarter revenues increased 3% year over year, and net revenues grew 4%.
The largest shareholder among the gurus is Pioneer Investments (Trades, Portfolio) with 1.32% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.16%.
CVR Partners LPĂ‚ (UAN)
During the second quarter, the guru increased its stake by 1.41% and raised it by 128.82% in the third quarter.
The guru holds 1.15% of outstanding shares of the company, which along with its subsidiaries produces and distributes nitrogen fertilizer products used by farmers to improve the yield and quality of their crops. Its products include UAN (a solution of urea and ammonium nitrate in water used as a fertilizer)Ă‚ and ammonia. During the third quarter net loss was $13.4 million, or 12 cents per fully diluted common unit, on net sales of $78.5 million, compared to a net loss of $13.5 million, or 18 cents per fully diluted common unit, on net sales of $49.3 million for the same quarter a year earlier.
Simons is another notable shareholder among the gurus with 0.01% of outstanding shares.
National CineMedia Inc. (NCMI)
During the second quarter, the guru increased its stake by 0.36% and by 57.59% in the third quarter.
The guru holds 1.07% of outstanding shares of the company, which is a holding company that operates a digital in-theatre network in North America. The business operates under two activities, Advertising Network & Fathom Events. During the third quarter total revenue increased 1.6%, and adjusted OIBDA grew 2.2%. Net income was $8.2 million compared to a net income of $7.7 million for the third quarter of the prior year.
The largest shareholder among the gurus is Wallace Weitz (Trades, Portfolio) with 2.84% of outstanding shares followed by Simons with 0.85%.
AstraZeneca PLC ADRĂ‚ (AZN)
During the second quarter, the firm increased its stake by 13.06% and increased it by 46.57% in the third quarter.
The guru holds 0.03% of outstanding shares of the company, which is a biopharmaceutical company. It is engaged in the discovery and development of new products, which are then manufactured, marketed and sold.
Dodge & Cox is the largest shareholder among the gurus 1.67% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 0.68%, Simons with 0.23% and Andreas Halvorsen (Trades, Portfolio) with 0.17%.
LM Ericsson Telephone Co. ADR Class BĂ‚ (ERIC)
During the second quarter, the guru raised its stake by 171.35% and boosted it by 608.81% in the third quarter.
The guru holds 0.21% of outstanding shares of the company, which is a provider of communications technology and services. Its offerings include services, software and infrastructure in information and communications technology for telecom operators and other industries.
The largest shareholder among the gurus is PRIMECAP Management with 2.39% of outstanding shares followed by HOTCHKIS & WILEY with 1.87%, Brandes with 0.32%, Lee Ainslie (Trades, Portfolio) with 0.24%, Dodge & Cox with 0.07% and Simons with 0.03%.
ING Groep NV ADRĂ‚ (ING)
During the second quarter the firm boosted its stake by 801.76% and increased it by 48.31% in the third quarter.
The guru holds 0.12% of outstanding shares of the company, which offers banking services. Its segments include Retail Banking (Retail Netherlands, Retail Belgium, Retail Germany and Retail Rest of World) and Commercial Banking.
Another notable shareholder among the gurus is Ken Fisher (Trades, Portfolio) with 0.02% of outstanding shares followed by Sarah Ketterer (Trades, Portfolio) with 0.02%, Simons with 0.02% and John Buckingham (Trades, Portfolio) with 0.01%.
Axis Capital Holdings Ltd. (AXS)
During the second quarter, the guru increased its stake by 115.08% and by 73.52% in the third quarter.
The guru holds 1.39% of outstanding shares of the company, which through its subsidiaries provides a variety of insurance and reinsurance products to insured and reinsured operations with main locations in Bermuda, the U.S. and Europe. During the third quarter net income was $177 million, or $1.96 per diluted common share, compared with $248 million, or $2.50 per diluted common share, for the third quarter of a year before, and operating income was $161 million, or $1.78 per diluted common share, compared to $51 million, or 51 cents per diluted common share, for the same quarter of the prior year.
Richard Pzena (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 5.51% of outstanding shares followed by Donald Smith (Trades, Portfolio) with 0.93%, Simons with 0.75% and Buckingham with 0.11%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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