Andreas Halvorsen Trims Deere, Microsoft, Wells Fargo Positions

Viking Global's largest sales of the 3rd quarter

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Dec 04, 2017
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Viking Global Investors LP is an investment firm founded in 1999 by Andreas Halvorsen (Trades, Portfolio). He sold the following stocks during the third quarter.

The guru reduced his Deere & Co. (DE) holding by 67.94%, impacting the portfolio by -5.41%.

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The manufacturer of agricultural and construction machinery has a market cap of $48.07 billion and an enterprise value of $78.33 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity (ROE) of 27.43% and return on assets (ROA) of 3.56% are outperforming 54% of companies in the Global Farm and Construction Equipment industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.24 is below the industry median of 0.57.

PRIMECAP Management (Trades, Portfolio) is the company's largest shareholder among the gurus with 1.72% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 1.64% and Halvorsen with 0.95%.

The investor trimmed the Microsoft Corp. (MSFT, Financial) position by 48.55%. The trade had an impact of -4.42% on the portfolio.

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The technology company has a market cap of $654.81 billion and an enterprise value of $607.59 billion.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 31.12% and ROA of 10.02% are outperforming 79% of companies in the Global Software – Infrastructure industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 1.52 is below the industry median of 6.56.

The company's largest guru shareholder is Bill Gates (Trades, Portfolio) with 0.73% of outstanding shares, followed by PRIMECAP with 0.6%, Dodge & Cox with 0.52% and First Eagle with 0.34%.

The Wells Fargo & Co. (WFC, Financial) position reduced 84.57%. The transaction had an impact of -3.88% on the portfolio.

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The bank has a market cap of $273.64 billion and an enterprise value of $613.61 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of 9.61% and ROA of 1.09% are outperforming 62% of 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.

With 9.43% of outstanding shares,Ă‚ Warren Buffett (Trades, Portfolio) is the company's largest guru shareholder, followed by Dodge & Cox with 1.42%, Barrow, Hanley, Mewhinney & Strauss with 0.68% and Chris Davis (Trades, Portfolio) with 0.53%.

Halvorsen curbed his Twenty-First Century Fox Inc. (FOXA, Financial) holding by 54.17%, impacting the portfolio -2.13%.

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The entertainment company has a market cap of $56.62 billion and an enterprise value of $70.82 billion.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 19.81% and ROA of 5.94% are outperforming 72% of companies in the Global Media – Diversified industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.35 is below the industry median of 1.47.

The company's largest shareholder among the gurus is Dodge & Cox with 3.83% of outstanding shares, followed by Barrow, Hanley, Mewhinney & Strauss with 2.02% and Donald Yacktman (Trades, Portfolio) with 1.91%.

Halvorsen exited his position in LyondellBasell Industries NV (LYB, Financial). The trade had an impact of -2.2% on the portfolio.

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The petrochemical producer has a market cap of $41.39 billion and an enterprise value of $47.81 billion.

GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of 57.19% and ROA of 15.62% are outperforming 91% of companies in the Global Specialty Chemicals industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.28 is below the industry median of 0.83.

Barrow, Hanley, Mewhinney & Strauss is the company's largest shareholder among the gurus with 0.31% of outstanding shares, followed by Steven Cohen (Trades, Portfolio) with 0.07% and Joel Greenblatt (Trades, Portfolio) with 0.03%.

The guru cut his Broadcom Ltd. (AVGO, Financial) stake by 35.60%, impacting the portfolio by -1.87%.

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The semiconductor chip manufacturer has a market cap of $113.17 billion and an enterprise value of $124.2 billion.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 2.73% and ROA of 1.06% are underperforming 63% of companies in the Global Semiconductors industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.40 is below the industry median of 1.62.

With 1.25% of outstanding shares,Ă‚ Steve Mandel (Trades, Portfolio) is the company's largest guru shareholder, followed by Spiros Segalas (Trades, Portfolio) with 0.53%, Halvorsen with 0.53%, Pioneer Investments (Trades, Portfolio) with 0.35% and Cohen with 0.12%.

Halvosen trimmed his Facebook Inc. (FB, Financial) position by 28.89%. The trade had an impact of -1.82% on the portfolio.

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The social network has a market cap of $530.08 billion and an enterprise value of $491.79 billion.

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The ROE of 24.29% and ROA of 22% are outperforming 83% of companies in the Global Internet Content and Information industry. Financial strength has a rating of 9 out of 10 with no debt.

Frank Sands (Trades, Portfolio) is the company's largest guru shareholder with 0.48% of outstanding shares, followed by Segalas with 0.28%, Mandel with 0.17% and Halvorsen with 0.15%.

Halvorsen reduced his stake in Cabot Oil & Gas Corp.Ă‚ (COG, Financial) by 71.32%, impacting the portfolio by -1.7%.

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The oil and gas company has a market cap of $13.46 billion and an enterprise value of $14.47 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. While the ROE of -5.51% is underperforming the sector, the ROA of -2.82% is outperforming 52% of companies in the Global Oil and Gas E&P industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.34 is below the industry median of 0.55.

The company's largest shareholder among the gurus is Davis with 3.12% of outstanding shares, followed by Pioneer Investments with 2.1%, Halvorsen with 0.88%, Simons with 0.48% and Cohen with 0.03%.

The guru trimmed his holding of JD.com Inc.Ă‚ (JD, Financial) by 61.40%, impacting the portfolio by -1.48%.

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The e-commerce company has a market cap of $55.09 billion and an enterprise value of $53.65 billion.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The ROE of -2.17% and ROA of -0.54% are underperforming 73% of companies in the Global Internet Content and Information industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 1.35 is below the industry median of 13.55.

Chase Coleman (Trades, Portfolio) is the company's largest shareholder among the gurus with 3.45% of outstanding shares, followed by Dodge & Cox 2.08%, Ken Fisher (Trades, Portfolio) with 0.7% and John Griffin (Trades, Portfolio) with 0.36%.

Disclosure: I do not own any stocks mentioned in this article.