As we update the portfolios of Gurus, we have found that for some stocks the gurus have high convictions so that they have kept adding to their positions. For renowned value investor Seth Klarman (Trades, Portfolio), he has added again to his positions in Allergan, Twenty-First Century Fox, McKesson, and Veritiv.
No. 1: Allergan PLC (AGN, Financial), Weightings: 7.43% - 4,950,000 Shares
Seth Klarman (Trades, Portfolio) owns 4,950,000 shares of Allergan PLC (AGN, Financial), valued as $825 million as of 2018-06-30, which accounts for 7.61% of his equity portfolio. This is an increase of 4.21% from the previous quarter. Seth Klarman (Trades, Portfolio) has been adding to AGN consecutively in the last twelve months. He added his positions in the quarter ended on 2017-09-30 by 21.85%, again in the quarter ended on 2017-12-31 by 51.81 %, and in the in the quarter ended on 2018-03-31 by 5.56 %. This is the holding history over the past 4 quarters:
| Date | Shares | Change % | Value ($1000) | Position % |
| 2018-06-30 | 4950000 | 4.21% | 825,264 | 7.43% |
| 2018-03-31 | 4750000 | 5.56% | 799,378 | 7.77% |
| 2017-12-31 | 4500000 | 51.81% | 736,110 | 7.3% |
| 2017-09-30 | 2964203 | 21.85% | 607,513 | 7.61% |
Allergan Plc has a market cap of $62.61 billion; its shares were traded around $184.46 with and P/S ratio of 3.83. The trailing 12-month dividend yield of Allergan Plc stocks is 1.53%. The forward dividend yield of Allergan Plc stocks is 1.56%.
No. 2: Twenty-First Century Fox Inc (FOX, Financial), Weightings: 6.04% - 13,606,260 Shares
Seth Klarman (Trades, Portfolio) owns 13,606,260 shares of Twenty-First Century Fox Inc (FOX, Financial), valued as $670 million as of 2018-06-30, which accounts for 2.38% of his equity portfolio. This is an increase of 19.00% from the previous quarter. Seth Klarman (Trades, Portfolio) has been adding to FOX consecutively in the last twelve months. He added his positions in the quarter ended on 2017-09-30 by 1.46%, again in the quarter ended on 2017-12-31 by 42.61 %, and in the in the quarter ended on 2018-03-31 by 8.57 %. This is the holding history over the past 4 quarters:
| Date | Shares | Change % | Value ($1000) | Position % |
| 2018-06-30 | 13606260 | 19.00% | 670,380 | 6.04% |
| 2018-03-31 | 11433358 | 8.57% | 415,831 | 4.04% |
| 2017-12-31 | 10531258 | 42.61% | 359,327 | 3.56% |
| 2017-09-30 | 7384542 | 1.46% | 190,447 | 2.38% |
Twenty-first Century Fox Inc has a market cap of $83.96 billion; its shares were traded around $44.97 with a P/E ratio of 21.51 and P/S ratio of 2.79. The trailing 12-month dividend yield of Twenty-first Century Fox Inc stocks is 0.81%. The forward dividend yield of Twenty-first Century Fox Inc stocks is 0.81%.
No. 3: McKesson Corp (MCK, Financial), Weightings: 1.96% - 1,627,700 Shares
Seth Klarman (Trades, Portfolio) owns 1,627,700 shares of McKesson Corp (MCK, Financial), valued as $217 million as of 2018-06-30, which accounts for 0.96% of his equity portfolio. This is an increase of 0.74% from the previous quarter. Seth Klarman (Trades, Portfolio) has been adding to MCK consecutively in the last twelve months. He added his positions in the quarter ended on 2017-09-30 by 10000.00%, again in the quarter ended on 2017-12-31 by 172.00 %, and in the in the quarter ended on 2018-03-31 by 18.80 %. This is the holding history over the past 4 quarters:
| Date | Shares | Change % | Value ($1000) | Position % |
| 2018-06-30 | 1627700 | 0.74% | 217,135 | 1.96% |
| 2018-03-31 | 1615700 | 18.80% | 227,604 | 2.21% |
| 2017-12-31 | 1360000 | 172.00% | 212,092 | 2.1% |
| 2017-09-30 | 500000 | 10000.00% | 76,805 | 0.96% |
McKesson Corp has a market cap of $25.31 billion; its shares were traded around $126.68 with and P/S ratio of 0.12. The trailing 12-month dividend yield of Mckesson Corp stocks is 1.08%. The forward dividend yield of Mckesson Corp stocks is 1.24%. Mckesson Corp had an annual average earnings growth of 11.60% over the past 10 years. GuruFocus rated Mckesson Corp the business predictability rank of 2-star.
No. 4: Veritiv Corp (VRTV, Financial), Weightings: 1.46% - 3,824,385 Shares
Seth Klarman (Trades, Portfolio) owns 3,824,385 shares of Veritiv Corp (VRTV, Financial), valued as $150 million as of 2018-03-31, which accounts for 1.24% of his equity portfolio. This is an increase of 5.02% from the previous quarter. Seth Klarman (Trades, Portfolio) has been adding to VRTV consecutively in the last twelve months. He added his positions in the quarter ended on 2017-09-30 by 0.31%, again in the quarter ended on 2017-09-30 by 0.31 %, and in the in the quarter ended on 2017-12-31 by 19.25 %. This is the holding history over the past 4 quarters:
| Date | Shares | Change % | Value ($1000) | Position % |
| 2018-03-31 | 3824385 | 5.02% | 149,916 | 1.46% |
| 2017-12-31 | 3641485 | 19.25% | 105,239 | 1.04% |
| 2017-09-30 | 3053724 | 0.31% | 0 | 1.17% |
| 2017-09-30 | 3053724 | 0.31% | 99,246 | 1.24% |
Veritiv Corp has a market cap of $779.640 million; its shares were traded around $49.20 with and P/S ratio of 0.09. Veritiv Corp had an annual average earnings growth of 3.70% over the past 5 years.
Here is the complete portfolio of Seth Klarman. Also check out:
1. Seth Klarman's Undervalued Stocks
2. Seth Klarman's Top Growth Companies, and
3. Seth Klarman's High Yield stocks
4. Stocks that Seth Klarman keeps buying
