Lou Simpson (Trades, Portfolio) sold the following stocks during the fourth quarter.
The guru sold out of Ametek Inc. (AME, Financial), impacting the portfolio by -5.89%.
The manufacturer of electronic instruments has a market cap of $18.14 billion and an enterprise value of $19.66 million.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its return on equity (ROE) of 18.88% and return on assets (ROA) of 9.08% are outperforming 81% of companies in the Global Diversified Industrials industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.30 is below the industry median of 0.91.
Mario Gabelli (Trades, Portfolio) is the company's largest shareholder among the gurus with 0.75% of outstanding shares, followed by Joel Greenblatt (Trades, Portfolio) with 0.11% and Steven Cohen (Trades, Portfolio) with 0.08%.
The Hexcel Corp. (HXL, Financial) holding was reduced by 54.81%. The trade had an impact of -2.96% on the portfolio.
The composites manufacturer has a market cap of $6.08 billion and an enterprise value of $6.83 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its ROE of 21.01% and ROA of 10.82% are outperforming 86% of companies in the Global Aerospace and Defense industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.07 is below the industry median of 0.50.
The company's largest guru shareholder is Simpson with 1.34% of outstanding shares, followed by Robert Karr (Trades, Portfolio) with 0.8% and Tom Gayner (Trades, Portfolio) with 0.1%.
Simpson's Berkshire Hathaway Inc. (BRK.B, Financial) position was trimmed by 21.60%. The transaction had an impact of -1.85% on the portfolio.
The insurance conglomerate has a market cap of $519.79 billion and an enterprise value of $515.55 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. While its ROE of 6.42% is underperforming the sector, its ROA of 2.89% is outperforming 55% of companies in the Global Insurance - Diversified industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.42 is below the industry median of 1,000.
With 2.58% of outstanding shares, Bill Gates (Trades, Portfolio) is the company's largest guru shareholder, followed by Ken Fisher (Trades, Portfolio) with 0.12% and Tom Russo (Trades, Portfolio) with 0.1%.
The investor reduced his Liberty Global PLC Class C (LBTYK, Financial) stake by 2%, impacting the portfolio by -0.23%.
The holding company, which invests in international television and broadband companies, has a market cap of $25.71 billion and an enterprise value of $65.84 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. While its ROE of -31.44% is outperforming the sector, its ROA of -4.73% is underperforming 59% of companies in the Global Pay TV industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.04 is below the industry median of 0.40.
The largest guru shareholder of the company is Dodge & Cox with 4.61% of outstanding shares, followed by David Herro (Trades, Portfolio) with 2.87% and Chris Davis (Trades, Portfolio) with 2.2%.
Simpson reduced his Charles Schwab Corp. (SCHW, Financial) holding by 1.26%. The trade had an impact of -0.12% on the portfolio.
The company, which provides retail brokerage, banking and retirement services, has a market cap of $72.35 billion and an enterprise value of $80.68 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While its ROE of 12.92% is outperforming the sector, its ROA of 1.06% is underperforming 59% of companies in the Global Capital Markets industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.08 is below the industry median of 0.55.
With 6.46% of outstanding shares, Dodge & Cox is the company's largest guru shareholder, followed by PRIMECAP Management (Trades, Portfolio) with 2.58%.
The guru cut his Brookfield Asset Management Inc. (BAM, Financial) position by 0.56%, impacting the portfolio by -0.06%.
The alternative asset management company has a market cap of $38.87 billion and an enterprise value of $154.75 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 4.79% and ROA of 0.81% are underperforming 75% of companies in the Global Real Estate – General industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.13 is below the industry median of 0.32.
Another notable guru shareholder of the company is Gayner with 0.57% of outstanding shares, followed by Third Avenue Management (Trades, Portfolio) with 0.45%, Glenn Greenberg (Trades, Portfolio) with 0.4% and Murray Stahl (Trades, Portfolio) with 0.19%.
Simpson reduced his SBA Communications Corp. (SBAC, Financial) position by 0.44%. The transaction had an impact of -0.03% on the portfolio.
The telecom company, which owns and operates wireless communications towers, has a market cap of $20.3 billion and an enterprise value of $29.12 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. While its ROA of 1.36% is underperforming the sector, its return on capital (ROC) of 15.13% is outperforming 53% of companies in the Global Telecom Services industry. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.02 is below the industry median of 0.40.
Chuck Akre (Trades, Portfolio) is the company's largest guru shareholder with 2.1% of outstanding shares, followed by Ron Baron (Trades, Portfolio) with 1.17%.
The guru's Allison Transmission Holdings Inc. (ALSN, Financial) position was trimmed by 0.14%, impacting the portfolio by -0.01%.
The company, which manufactures commercial and defense fully-automatic transmissions, has a market cap of $5.52 billion and an enterprise value of $7.87 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 67.06% and ROA of 12% are outperforming 76% of companies in the Global Auto Parts industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.08 is below the industry median of 0.59.
Another notable guru shareholder of the company is Simons with 5.12% of outstanding shares, followed by Wallace Weitz (Trades, Portfolio) with 0.55%.
Disclosure: I do not own any stocks mentioned in this article.
