Blue Ridge Capital was founded by John Griffin (Trades, Portfolio) in 1996. As of June 2016, the fund returned an overall loss of 12.5%. The fund sold shares of the following stocks during the third quarter.
The guru closed his holding of Wells Fargo & Co. (WFC), impacting the portfolio by -3.46%.
It is one of the largest banks in the U.S. and has a market cap of $266.21 billion and an enterprise value of $606.17 billion.
GuruFocus gives the bank a profitability and growth rating of 5 out of 10. The return on equity (ROE) of 9.61% and return on assets (ROA) of 1.09% are outperforming 62% of the companies in the Global Banks - Global industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.06 is below the industry median of 2.05.
Warren Buffett (Trades, Portfolio) is the largest shareholder of the company among the gurus with 9.43% of outstanding shares followed by Dodge & Cox with 1.42%; Barrow, Hanley, Mewhinney & Strauss with 0.68%; and PRIMECAP Management (Trades, Portfolio) with 0.37%.
The investor closed his position in Fleetcor Technologies Inc. (FLT). The trade had an impact of -3.06% on the portfolio.
The provider of fuel cards has a market cap of $16 billion and an enterprise value of $18.91 billion.
GuruFocus gives the company a profitability and growth rating of 10 out of 10. The ROE of 16.82% and ROA of 5.42% are outperforming 61% of the companies in the Global Business Services industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.36 is below the industry median of 1.37.
The largest shareholder of the company among the gurus is Chase Coleman (Trades, Portfolio) with 3.12% of outstanding shares followed by Spiros Segalas (Trades, Portfolio) with 2.14%, Andreas Halvorsen (Trades, Portfolio) with 1.13% and Steve Mandel (Trades, Portfolio) with 0.89%.
The Alphabet Inc Class A (GOOGL) position was cut by 68%. The transaction had an impact of -2.07% on the portfolio.
The provider of internet content products and portals has a market cap of $725.3 billion and an enterprise value of $629.12 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 14.52% and ROA of 12.10% are outperforming 71% of the companies in the Global Internet Content and Information industry. Financial strength has a rating of 8 out of 10. The cash-debt ratio of 25.26 is above the industry median of 13.55.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.34% of outstanding shares followed by Halvorsen with 0.21%, Frank Sands (Trades, Portfolio) with 0.2%, Ken Fisher (Trades, Portfolio) with 0.2% and Chris Davis (Trades, Portfolio) with 0.1%.
The guru's holding of Autodesk Inc. (ADSK) was closed, impacting the portfolio by -1.76%.
The company develops professional software for a variety of industries. It has a market cap of $28.01 billion and an enterprise value of $27.88 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of -74.67% and ROA of -12.57% are underperforming 91% of the companies in the Global Software - Application industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 1.08 is below the industry median of 6.56.
The largest shareholder of the company among the gurus is Andreas Halvorsen with 1.11% of outstanding shares followed by Chase Coleman with 0.56%, Jim Simons (Trades, Portfolio) with 0.4% and Steven Cohen (Trades, Portfolio) with 0.32%.
Griffin sold out his Goldman Sachs Group Inc. (GS) shares. The trade had an impact of -1.69% on the portfolio.
The company’s services include investment banking operations. It has a market cap of $89.18 billion and an enterprise value of $263.72 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the ROE of 9.20% is outperforming the sector, ROA of 0.96% is underperforming 60% of the companies in the Global Capital Markets industry. Financial strength has a rating of 4 out of 10 with a cash-debt ratio of 0.42.
Dodge & Cox is the largest shareholder of the company among the gurus with 3.66% of outstanding shares followed by Warren Buffett with 2.91%, SpirosSegalas with 0.38%, Richard Pzena (Trades, Portfolio) with 0.37% and Hotchkis & Wiley with 0.35%.
TransDigm Group Inc.(TDG) stake was reduced by 21.04%, impacting the portfolio by -1.04%.
The aerospace and defense company has a market cap of $13.98 billion and an enterprise value of $25.09 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 5.82% and ROA of 122% are outperforming 76% of the companies in the Global Aerospace and Defense industry. Financial strength has a rating of 3 out of 10. The cash-debt ratio of 0.06 is below the industry median of 0.43.
The largest shareholder of the company among the gurus is Chase Coleman with 6.27% of outstanding shares followed by Griffin with 1.59%, Ron Baron (Trades, Portfolio) with 0.91% and Alan Fournier (Trades, Portfolio) with 0.58%.
The Amazon.com Inc. (AMZN) position was reduced by 51.01%. The trade had an impact of -1.03% on the portfolio.
The online retailer has a market cap of $557.12 billion and an enterprise value of $557.52 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 9.03% is outperforming and ROA of 2.20% is underperforming 54% of the companies in the Global Specialty Retail industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.98 is below the industry median of 0.99.
George Sands is the largest shareholder of the company among the gurus with 0.38% of outstanding shares followed by Ken Fisher with 0.36%, Chase Coleman with 0.32% and Chris Davis with 0.31%.
Griffin also reduced his holding of CSX Corp. (CSX) by 20.90%, impacting the portfolio by -0.92%.
The railroad operating company has a market cap of $45.59 billion and an enterprise value of $56.71 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 15.57% and ROA of 5.05% are outperforming 71% of the companies in the Global Railroads industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.06 is below the industry median of 0.34.
The largest shareholder of the company among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.44% of outstanding shares followed by Griffin with 0.41% and Cohen with 0.1%.
The Biomarin Pharmaceutical Inc. (BMRN) position was closed, impacting the portfolio by -0.9%.
The biotechnology company has a market cap of $14.57 billion and an enterprise value of $14.48 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of -5.67% and ROA of -3.83% are outperforming 71% of the companies in the Global Biotechnology industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 1.08 is below the industry median of 51.38
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 5.49% of outstanding shares followed by Sands with 4.59%, Segalas with 2%, Manning & Napier Advisors with 1.18% and Cohen with 0.44%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
