Glenn Greenberg (Trades, Portfolio), the founder of Brave Warrior Advisors, sold shares of the following stocks during the fourth quarter.
The Axalta Coating Systems Ltd. (AXTA, Financial) holding was closed. The trade had an impact of -5.27% on the portfolio.
The company, which makes paint and coatings for vehicles, has a market cap of $7.68 billion and an enterprise value of $10.96 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. Its return on equity (ROE) of 2.94% and return on assets (ROA) of 0.57% are underperforming 81% of companies in the Global Specialty Chemicals industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.20 is below the industry median of 0.75.
The company's largest shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 9.52% of outstanding shares, followed by Diamond Hill Capital (Trades, Portfolio) with 4.19% and Chris Davis (Trades, Portfolio) with 3.91%.
Greenburg reduced his position in Charles Schwab Corp. (SCHW, Financial) by 11.52%, impacting the portfolio by -1.74%.
The bank and brokerage company has a market cap of $72.44 billion and an enterprise value of $80.77 million.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While its ROE of 12.47% is outperforming the sector, its ROA of 1.03% is underperforming 59% of companies in the Global Capital Markets industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.72 is below the industry median of 12.29.
Dodge & Cox is the company's largest guru shareholder with 6.46% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 2.58% and Frank Sands (Trades, Portfolio) with 1.89%.
The JPMorgan Chase & Co. (JPM, Financial) holding was trimmed 10.49%. The trade had an impact of -0.98% on the portfolio.
The bank has a market cap of $401.99 billion and an enterprise value of $312.81 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its ROE of 8.80% and ROA of 0.96% are outperforming 53% of companies in the Global Banks - Global industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 1.28 is below the industry median of 2.10.
The company's largest guru shareholder is Dodge & Cox with 0.75% of outstanding shares, followed by PRIMECAP Management with 0.68% and Barrow, Hanley, Mewhinney & Strauss with 0.52%.
The Primerica Inc. (PRI, Financial) position was cut by 5.90%. The transaction had an impact of -0.35% on the portfolio.
The life insurance company has a market cap of $4.45 billion and an enterprise value of $5.28 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its ROE of 27.05% and ROA of 2.93% are outperforming 85% of companies in the Global Insurance - Life industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.25 is below the industry median of 7.09.
Ron Baron (Trades, Portfolio) is the largest guru shareholder of the company with 6.06% of outstanding shares, followed by Greenberg with 3.16% and Ruane Cunniff (Trades, Portfolio) with 2.28%.
Greenberg reduced his stake in Antero Resources Corp. (AR, Financial) by 1.15%, impacting the portfolio by -0.12%.
The oil and gas company has a market cap of $6.02 billion and an enterprise value of $11.52 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. Its ROE of 8.23% and ROA of 4.12% are outperforming 50% of companies in the Global Oil and Gas E&P industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.01 is below the industry median of 0.49.
The company's largest guru shareholder is Seth Klarman (Trades, Portfolio) with 7.81% of outstanding shares, followed by Greenberg with 3.49% and David Swensen (Trades, Portfolio) with 1.28%.
The investor reduced his Brookfield Asset Management Inc. (BAM, Financial) holding by 0.59%. The trade had an impact of -0.05% on the portfolio.
The alternative asset management company has a market cap of $38.82 billion and an enterprise value of $154.7 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its ROE of 4.79% and ROA of 0.81% are underperforming 72% 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.
With 0.8% of outstanding shares,Ă‚ Lou Simpson (Trades, Portfolio) is the company's largest guru shareholder, followed by Tom Gayner (Trades, Portfolio) with 0.57% and Third Avenue Management (Trades, Portfolio) with 0.45%.
The HCA Healthcare Inc. (HCA, Financial) stake was cut by 0.43%, impacting the portfolio by -0.05%.
The health care services company has a market cap of $35.54 billion and an enterprise value of $69.67 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROA of 6.35% and return on capital (ROC) of 30.25% are outperforming 68% of companies in the Global Medical Care industry. It financial strength is rated 4 out of 10. The cash-debt ratio of 0.02 is below the industry median of 0.25
The company's largest guru shareholder is Larry Robbins (Trades, Portfolio) with 3.53% of outstanding shares, followed by the Vanguard Health Care Fund (Trades, Portfolio) with 3.01%, Bill Nygren (Trades, Portfolio) with 1.23% and Greenberg with 0.83%.
The guru's Sensata Technologies Holding NV (ST, Financial) holding was reduced by 1.38%. The transaction had an impact of -0.05% on the portfolio.
The industrial technology company has a market cap of $9.2 billion and enterprise value of $11.72 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 19.29% and ROA of 6.35% are outperforming 69% of companies in the Global Scientific and Technical Instruments industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.23 is below the industry median of 1.37.
Simpson is the company's largest guru shareholder with 2.28% of outstanding shares, followed by John Griffin (Trades, Portfolio) with 2.11%.
Disclosure: I do not own any stocks mentioned in this article.
