Polaris Global Value Fund Buys Publicis Groupe SA, KT&G Corp, L Brands Inc, Sells Web.com Group Inc, KDDI Corp, Allergan PLC

• New Purchases: 033780,
• Added Positions: PUB, LB, 3659, NK, BAB, BWY, INCH,
• Reduced Positions: WEB, 9433, AGN, GNC, STAN, TW., ML, 000270, TEVA, 012330,
• Sold Out: WOR,

For the details of Bernard Horn's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Bernard+Horn

1. Publicis Groupe SA (PUB) - 200,026 shares, 2.56% of the total portfolio. Shares added by 99.43%
2. L Brands Inc (LB) - 288,800 shares, 1.88% of the total portfolio. Shares added by 100.00%
3. Yara International ASA (YAR) - 176,800 shares, 1.86% of the total portfolio.
4. Cineworld Group PLC (CINE) - 2,093,300 shares, 1.85% of the total portfolio.
5. International Bancshares Corp (IBOC) - 184,163 shares, 1.78% of the total portfolio.

Polaris Global Value Fund initiated holding in KT&G Corp. The purchase prices were between $99600 and $110500, with an estimated average price of $105362. The stock is now traded at around $102000.00. The impact to a portfolio due to this purchase was 1.06%. The holding were 52,900 shares as of 2018-09-30.

Polaris Global Value Fund added to a holding in Publicis Groupe SA by 99.43%. The purchase prices were between $50.26 and $60.86, with an estimated average price of $54.73. The stock is now traded at around $52.34. The impact to a portfolio due to this purchase was 1.28%. The holding were 200,026 shares as of 2018-09-30.

Polaris Global Value Fund added to a holding in L Brands Inc by 100.00%. The purchase prices were between $26.13 and $37.81, with an estimated average price of $30.93. The stock is now traded at around $37.02. The impact to a portfolio due to this purchase was 0.94%. The holding were 288,800 shares as of 2018-09-30.

Polaris Global Value Fund added to a holding in NEXON Co Ltd by 78.20%. The purchase prices were between $1263 and $1792, with an estimated average price of $1502.86. The stock is now traded at around $1197.00. The impact to a portfolio due to this purchase was 0.67%. The holding were 543,500 shares as of 2018-09-30.

Polaris Global Value Fund added to a holding in Imerys by 25.48%. The purchase prices were between $59 and $68.8, with an estimated average price of $63.92. The stock is now traded at around $52.15. The impact to a portfolio due to this purchase was 0.31%. The holding were 96,041 shares as of 2018-09-30.

Polaris Global Value Fund sold out a holding in WorleyParsons Ltd. The sale prices were between $12.4 and $14.5, with an estimated average price of $13.89.