Olstein Capital Management was founded in 1995, and Robert Olstein (Trades, Portfolio) is the chairman and chief investment officer. He manages a portfolio with a total value of $776 million. In both the second and third quarters the guru bought shares in the following stocks:
Prestige Brands Holdings Inc. (PBH)
In the second quarter, the guru raised his stake by 42.24% and in the third quarter added another 26.03%. The guru holds 0.11% of outstanding shares. The health care company has a market cap of $2.2 billion and an enterprise value of $4.25 billion.
Ken Fisher (Trades, Portfolio) is the largest shareholder among the gurus with 2.79% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.97% and Joel Greenblatt (Trades, Portfolio) with 0.08%.
DineEquity Inc. (DIN)
In the second quarter, Olstein increased his stake by 56.25% and by 10.98% in the third quarter. The guru holds 0.47% of outstanding shares. The company owns restaurant shops and has a market cap of $773.23 million and an enterprise value of $2.06 billion.
The largest shareholder among the gurus is Michael Dell (Trades, Portfolio) with 4.11% of outstanding shares followed by Greenblatt with 1.32%, Keeley Asset Management Corp (Trades, Portfolio) with 0.1% and George Soros (Trades, Portfolio) with 0.06%.
Xperi Corp. (XPER)
The guru added to his stake by 70.61% in the second quarter and 23.81% in the third quarter. The guru holds 0.34% of outstanding shares. The provider of semiconductor packaging has a market cap of $1.03 billion and an enterprise value of $1.46 billion.
Simons is the largest shareholder among the gurus with 4.94% of outstanding shares followed by Mariko Gordon (Trades, Portfolio) with 3.7%, Steven Cohen (Trades, Portfolio) with 0.99% and Chuck Royce (Trades, Portfolio) with 0.66%.
International Business Machines Corp. (IBM)
In the second quarter, the investor boosted his stake by 33.33% and in the third quarter increased it by 50.00%. The provider of software, hardware and a variety of IT services has a market cap of $140.32 billion and an enterprise value of $174.56 billion.
The largest shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 5.84% of outstanding shares followed by Simons with 0.29%, Barrow, Hanley, Mewhinney & Strauss with 0.1%, Prem Watsa (Trades, Portfolio) with 0.07% and Jeremy Grantham (Trades, Portfolio) with 0.04%.
Goodyear Tire & Rubber Co. (GT)
Olstein increased his stake by 47.79% in the second quarter and in the third quarter increased it by 35.93%. The guru holds 0.07% of outstanding shares of the tire manufacturer. It has a market cap of $7.2 billion and an enterprise value of $13.01 billion.
Diamond Hill Capital (Trades, Portfolio) is the largest guru shareholder with 2.82% of outstanding shares followed by HOTCHKIS & WILEY with 2.74%, Pioneer Investments (Trades, Portfolio) with 0.67% and Greenblatt with 0.19%.
JM Smucker Co. (SJM)
The position was increased by 19.07% in the second quarter and by 96.80% in the third quarter. The guru holds 0.08% of outstanding shares of the company that has a market cap of $11.74 billion and operates in the consumer foods industry.
The largest shareholder among the gurus is John Rogers (Trades, Portfolio) with 0.91% of outstanding shares followed by Simons with 0.41%, Greenblatt with 0.15% and Pioneer Investments with 0.13%.
SeaWorld Entertainment Inc. (SEAS)
The investor raised his holding 24.53% in the second quarter and 30.13% in the third quarter. The guru holds 1.1% of outstanding shares. The company owns theme parks in the U.S. and has a market cap of $1.1 billion and an enterprise value of $2.64 billion.
Barrow, Hanley, Mewhinney & Strauss is the largest shareholder among the gurus with 8.4% of outstanding shares followed by Mario Cibelli (Trades, Portfolio) with 0.66%.
Stericycle Inc. (SRCL)
In the second quarter, the guru added 8.76% to the position and in the third quarter added another 20.35%. The guru holds 0.18% of outstanding shares of the company that processes specialized waste for disposal. It has a market cap of $5.73 billion and an enterprise value of $8.55 billion.
Simons is the largest shareholder among the gurus with 0.69% of outstanding shares followed by Cohen with 0.56% and Greenblatt with 0.32%.
Viacom Inc. Class B (VIAB)
Olstein boosted his stake 25.87% during the second quarter and in the third quarter raised his holding by 31.73%. The guru holds 0.05% of outstanding shares of the global media company. It has a market cap of $10.04 million and an enterprise value of $20.84 million.
The largest guru shareholder is Rogers with 0.98% of outstanding shares followed by NWQ Managers (Trades, Portfolio) with 0.5%, Mario Gabelli (Trades, Portfolio) with 0.24% and Cohen with 0.22%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
