Ray Dalio (Trades, Portfolio) founded Greenwich, Connecticut-based hedge fund Bridgewater Associates in 1975. He manages a portfolio composed of 236 stocks with a total value of $8.818 billion. During the first quarter the guru bought shares in the following stocks:
The investor bought 3,848,295 shares in Cliffs Natural Resources Inc. (CLF) with an impact of 0.36% on the portfolio.
The company is engaged in supplying iron ore pellets to the North American steel industry from its five iron ore mines and pellet plants located in Michigan and Minnesota.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The return on assets (ROA) of 2.03% and return on capital (ROC) of 26.38% are outperforming 92% of the companies in the Global Industrial Metals and Minerals industry. Financial strength has a rating of 3 out of 10. The cash-debt ratio of 0.18 is below the industry median of 291.20.
Another notable shareholder among the gurus is Jim Simons (Trades, Portfolio) with 0.59% of outstanding shares followed by Paul Tudor Jones (Trades, Portfolio) with 0.01%.
The guru raised his holding in Endo International PLCĂ‚ (ENDP) by 148.89% with an impact of 0.29% on the portfolio.
The company is engaged in developing, manufacturing, marketing and distribution of branded pharmaceutical and generic products as well as medical devices.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The ROE of -73.23% and ROA of -20.72% are underperforming 89% of the companies in the Global Drug Manufacturers - Specialty and Generic industry. Financial strength has a rating of 2 out of 10. The cash-debt ratio of 0.08 is below the industry median of 3.09.
John Paulson (Trades, Portfolio) is the largest shareholder among the gurus with 3.51% of outstanding shares followed by Larry Robbins (Trades, Portfolio) with 1.91%, RS Investment Management (Trades, Portfolio) with 0.62%, Francis Chou (Trades, Portfolio) with 0.43%, Arnold Schneider (Trades, Portfolio) with 0.29% and Mario Gabelli (Trades, Portfolio) with 0.03%.
The investor increased his position in Devon Energy Corp. (DVN) by 340.07% with an impact of 0.21% on the portfolio.
It is an independent energy company engaged in the exploration, development and production of oil, natural gas and NGLs.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of 5.09% and ROA of 1.18% are underperforming 80% of the companies in the Global Oil and Gas E&P industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.20 is below the industry median of 0.72.
The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 0.96% of outstanding shares followed by First Eagle Investment (Trades, Portfolio) with 0.91%, Tweedy Browne (Trades, Portfolio) with 0.67%, John Griffin (Trades, Portfolio) with 0.5%, Simons with 0.38% and Tweedy Browne Global Value with 0.24%.
Dalio bought a 604,856-share position in General Electric Co. (GE). The transaction had an impact of 0.2% on the portfolio.
It is a digital industrial company that transforms industry with software-defined machines and solutions offering aircraft engines, locomotives, power generation and oil and gas equipment to medical imaging, financing and industrial products.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. While the ROE of 10.82% is outperforming the sector, ROA of 2.35% is underperforming 61% of the companies in the Global Diversified Industrials industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.65 is below the industry median of 1.08.
Ken Fisher (Trades, Portfolio) is the largest shareholder among the gurus with 0.26% of outstanding shares followed by Bill Nygren (Trades, Portfolio) with 0.16%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.14%, Warren Buffett (Trades, Portfolio) with 0.12%, First Pacific Advisors (Trades, Portfolio) with 0.09%, Steven Romick (Trades, Portfolio) with 0.07%, Mairs and Power (Trades, Portfolio) with 0.05% and NWQ Managers (Trades, Portfolio) with 0.03%.
The guru raised his position in Macy's Inc. (M) by 117.82%. The trade had an impact of 0.19% on the portfolio.
The company sells merchandise, including men's, women's and children's apparel and accessories, cosmetics, home furnishings and other consumer goods.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 13.93% and ROA of 2.85% are outperforming 53% of the companies in the Global Department Stores industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.18 is below the industry median of 0.97.
The largest shareholder among the gurus is T Rowe Price Equity Income Fund with 1.06% of outstanding shares followed by NWQ Managers with 0.47%, Gabelli with 0.13%, Steven Cohen (Trades, Portfolio) with 0.11%, Jeremy Grantham (Trades, Portfolio) with 0.08% and Caxton Associates (Trades, Portfolio) with 0.04%.
The guru started a new position of 129,847 shares in Walt Disney Co. (DIS). The trade had an impact of 0.17% on the portfolio.
The company together with its subsidiaries is a diversified entertainment company. It operates cable programming services including ESPN, Disney Channels and Freeform networks. It also owns and operates Walt Disney World Resort in Florida.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 21.13% and ROA of 10.11% are outperforming 83% of the in the Global Media - Diversified industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.18 is below the industry median of 1.52.
Fisher is the largest shareholder among the gurus with 0.57% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 0.36%, Pioneer Investments (Trades, Portfolio) with 0.2%, Andreas Halvorsen (Trades, Portfolio) with 0.15%, Diamond Hill Capital (Trades, Portfolio) with 0.14% and Tom Gayner (Trades, Portfolio) with 0.11%.
The investor purchased 128,914 shares in United Parcel Service Inc. Class BĂ‚ (UPS) and the trade had an impact of 0.16% on the portfolio.
It is a package delivery organization less-than-truckload industry and provider of supply chain management solutions. It operates in three segments; U.S. Domestic Package, International Package and Supply Chain and Freight.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of 197.24% and ROA of 8.88% are outperforming 87% of the companies in the Global Integrated Shipping and Logistics industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.22 is below the industry median of 0.34.
The largest shareholder among the gurus is Bill Gates (Trades, Portfolio) with 0.52% of outstanding shares followed by PRIMECAP Management with 0.44%, T Rowe Price Equity Income Fund with 0.27%, Mairs and Power with 0.14%, Simons with 0.1%, Pioneer Investments with 0.09% and Fisher with 0.03%.
The guru purchased 45,447 shares in Biogen Inc. (BIIB) with an impact of 0.14% on the portfolio.
It is a biopharmaceutical company engaged in discovering, developing, manufacturing and delivering therapies to patients for the treatment of neurological, rare and autoimmune diseases.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10. The ROE of 30.27% and ROA of 16.05% are outperforming 95% of the companies in the Global Biotechnology industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.44 is below the industry median of 54.02.
PRIMECAP Management is the largest shareholder among the gurus with 7.35% of outstanding shares followed by Vanguard Health Care Fund (Trades, Portfolio) with 1.81%, Frank Sands (Trades, Portfolio) with 1.17%, Halvorsen with 0.9% and Simons with 0.4%.
The investor boosted his position in Intuit Inc. (INTU) by 4324.27%. The transaction had an impact of 0.14% on the portfolio.
The company creates business and financial management solutions that help simplify the business of life for small businesses, consumers and accounting professionals. It operates in three segments: Small Business, Consumer Tax and ProConnect.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 101.55% and ROA of 22.18% are outperforming 94% of the companies in the Global Software – Application industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.55 is below the industry median of 10.13.
The largest shareholder among the gurus is PRIMECAP Management with 2.5% of outstanding shares followed by Simons with 0.51%, Grantham with 0.25%, David Carlson (Trades, Portfolio) with 0.21%, RS Investment Management (Trades, Portfolio) with 0.07% and Dalio with 0.05%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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