Bill Nygren (Trades, Portfolio), portfolio manager of The Oakmark Fund, sold shares of the following stocks in the fourth quarter.
The guru reduced his JPMorgan Chase & Co. (JPM, Financial) holding by 78.06%, impacting the portfolio by -1.55%.
The bank has a market cap of $405.11 billion and an enterprise value of $336.94 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its return on equity of 8.80% and return on assets 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 2.12.
Dodge & Cox is the company's largest guru shareholder with 0.75% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.68% and Barrow, Hanley, Mewhinney & Strauss with 0.52%.
Nygren closed his position in Qualcomm Inc. (QCOM, Financial). The trade had an impact of -1.26% on the portfolio.
The telecom company, which develops and licenses wireless technology, has a market cap of $93.31 billion and an enterprise value of $80.75 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of -14.03% and ROA of -6.89% are underperforming 85% of companies in the Global Semiconductors industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 1.55 is below the industry median of 1.59.
The largest guru shareholder of the company is Barrow, Hanley, Mewhinney & Strauss with 1.53% of outstanding shares, followed by PRIMECAP Management  with 1.03%, the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.43% and Jeremy Grantham (Trades, Portfolio) with 0.39%.
The guru trimmed 56.92% off his Whirlpool Corp. (WHR, Financial) position. The transaction had an impact of -1.04% on the portfolio.
The company manufactures home appliances such as washing machines, refrigerators and other domestic appliances. It has a market cap of $11.6 billion and an enterprise value of $16.55 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. While its ROE of 7.52% is outperforming the sector, its ROA of 1.76% is underperforming 65% of companies in the Global Home Furnishings and Fixtures industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.23 is below the industry median of 1.45.
PRIMECAP Management is the largest guru shareholder of the company with 9.39% of outstanding shares, followed by Barrow, Hanley, Mewhinney & Strauss with 2.84%, Diamond Hill Capital (Trades, Portfolio) with 1.52% and Nygren with 1.07%.
The guru also exited his Microsoft Corp. (MSFT, Financial) holding, impacting the portfolio by -0.98%.
The software company has a market cap of $743.34 billion and an enterprise value of $689.82 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its ROE of 15.29% and ROA of 4.85% are outperforming 59% of companies in the Global Software – Infrastructure industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.60 is below the industry median of 8.37.
With 0.62% of outstanding shares,Ă‚ Bill Gates (Trades, Portfolio) is the company's largest guru shareholder, followed by Dodge & Cox with 0.51% and Pioneer Investments (Trades, Portfolio) with 0.34%.
Nygren reduced his holding in Delphi Technologies PLC (DLPH, Financial) by 66.68%. The trade had an impact of -0.81% on the portfolio.
The company, which designs and manufactures integrated powertrain technologies, has a market cap of $4.33 billion and an enterprise value of $5.69 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of 32.16% and ROA of 8.48% are outperforming 87% of companies in the Global Auto Parts industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.22 is below the industry median of 0.59.
Larry Robbins (Trades, Portfolio) is the company's largest shareholder among the gurus with 2.63% of outstanding shares, followed by Nygren with 0.83% and Chris Davis (Trades, Portfolio) with 0.8%.
The AutoNation Inc. (AN, Financial) stake was cut by 61.84%, impacting the portfolio by -0.69%.
The automotive retailer has a market cap of $4.73 billion and an enterprise value of $7.36 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 18.40% and ROA of 4.30% are outperforming 51% of companies in the Global Auto and Truck Dealerships industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.03 is below the industry median of 0.74.
The largest guru shareholder of the company is Edward Lampert (Trades, Portfolio) with 4.37% of outstanding shares, followed by Gates with 2.07%.
Nygren reduced his stake in Texas Instruments Inc. (TXN, Financial) by 19.53%. The transaction had an impact of -0.5% on the portfolio.
The semiconductor manufacturer has a market cap of $109.72 billion and an enterprise value of $109.33 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The ROE of 34.55% and ROA of 22.07% are outperforming 95% of companies in the Global Semiconductors industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.10 is below the industry median of 1.59.
PRIMECAP Management is the largest shareholder of the company among the gurus with 4.05% of outstanding shares, followed by Davis with 0.02% and Spiros Segalas (Trades, Portfolio) with 0.42%.
The Cummins Inc. (CMI, Financial) stake was trimmed by 24.15%, impacting the portfolio by -0.47%.
The company, which makes diesel and natural gas engines and engine-related component products, has a market cap of $26.9 billion and an enterprise value of $28.25 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of 13.71% and ROA of 6.02% are outperforming 67% of companies in the Global Diversified Industrials industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.78 is below the industry median of 1.04.
The company's largest guru shareholder is Hotchkis & Wiley with 1.89% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 1.2%.
Disclosure: I do not own any stocks mentioned in this article.
