Robert A. Olstein is the chairman and chiefinvestment officer of Olstein Capital Management. He bought shares in the following stocks in both the second and first quarter of 2018.
Delphi Technologies PLC (DLPH)
In the first quarter, the guru boosted his position by 336.39% and added 2.78% in the second quarter.
With a market cap of $3.71 billion, the company manufactures advanced fuel injection systems and power electronics.
Larry Robbins (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 2.89% of outstanding shares followed by Bill Nygren (Trades, Portfolio) with 0.83%, Olstein with 0.08% and Pioneer Investments (Trades, Portfolio) with 0.03%.
Corning Inc. (GLW)
The investor raised his holding by 64.41% during the first quarter and increased it 1.65% in the second quarter.
The company manufactures specialty glass and ceramics. It has a market cap of $26.8 billion. Its revenue of $10.49 billion has increased by 18.50% over the past five years.
The largest shareholder among the gurus is HOTCHKIS & WILEY with 2.16% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 2.02% and Mairs and Power (Trades, Portfolio) with 0.29%.
Kimberly-Clark Corp. (KMB)
Mr. Olstein boosted his position by 46.83% in the first quarter and raised it 18.05% in the second quarter.
The company manufactures and markets a range of products made from natural or synthetic fibers and has a market cap of $38.66 billion. Its revenue of $18.55 billion has increased 0.50% over the past five years.
T Rowe Price Equity Income Fund (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.74% of outstanding shares followed by Diamond Hill Capital (Trades, Portfolio) with 0.56%, Pioneer Investments (Trades, Portfolio) with 0.22% and Ray Dalio (Trades, Portfolio) with 0.07%.
BorgWarner Inc. (BWA)
In the first quarter Mr. Olstein raised his holding by 40.28% and then increased it 33.66% in the second quarter.
The company supplies technologies for combustion, hybrid and electric vehicles. It has a market cap of $9.4 billion. Its revenue of $10.48 billion has declined 9.10% over the past five years.
The largest shareholder among the gurus is Diamond Hill Capital (Trades, Portfolio) with 4.01% of outstanding shares followed by Pioneer Investments (Trades, Portfolio) with 0.82% and John Rogers (Trades, Portfolio) with 0.82%.
Franklin Resources Inc. (BEN)
The guru boosted the holding by 150.94% in the first quarter, and then added another 1.50% in the second quarter.
With a market cap of $17.33 billion, the company is a provider of investment management and related services. Its revenue of $6.40 billion has declined 0.50% over the past five years.
Richard Pzena (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 2% of outstanding shares followed by David Abrams (Trades, Portfolio) with 1.51%.
Wells Fargo & Co. (WFC)
The guru raised the stake by 117.74% in the first quarter and added 2.22% in the second quarter.
The banking company operates in three segments: Community banking, Wholesale banking and Wealth and Investment Management. It has a market cap of $281.46 billion and its revenue of $85.95 billion has increased 2.4% over the past five years.
The largest shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 9.48% of outstanding shares followed by Dodge & Cox with 1.61%, Barrow, Hanley, Mewhinney & Strauss with 0.64% and Chris Davis (Trades, Portfolio) with 0.55%.
Willis Towers Watson PLC. (WLTW)
In the first quarter, the guru increased the holding by 38.89% and increased it by 14% in the second quarter.
The insurance broker has a market cap of $19.83 billion. It has a revenue of $8.12 billion that has increased 2.10% over the past five years.
David Herro (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 4.43% of outstanding shares followed by First Eagle Investment (Trades, Portfolio) with 3.09%.
Kulicke & Soffa Industries Inc. (KLIC)
The guru raised the stake by 199.05% in the first quarter and then increased it 15.78% in the second quarter.
With a market cap of $1.82 billion, the company operates in the semiconductor industry. Its revenue of $920.19 million has increased 2.90% over the past five years.
The largest guru shareholder is Chuck Royce (Trades, Portfolio) with 6.23% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 2.21% and Steven Cohen (Trades, Portfolio) with 0.81%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
