Chief Investment Officer and Chief Portfolio Manager John Buckingham (Trades, Portfolio) increased his holdings in the following stocks during the third quarter.
The guru established a new position in Micron Technology Inc. (MU), buying 114,983 shares. The trade had an impact of 0.72% on the equity portfolio.
The provider of memory and storage solutions has a market cap of $44.74 billion and an enterprise value of $43.44 billion.
GuruFocus gives the company a profitability and growth rating of 10 out of 10. The return on equity of 55.31% and return on assets of 35.51% are outperforming 99% of companies in the Global Semiconductor Memory industry. Its financial strength is rated 8 out of 10. The cash-debt ratio of 1.47 is below the industry median of 1.69.
The company's largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 5.12% of outstanding shares, followed by David Tepper (Trades, Portfolio) with 3.17%, Donald Smith (Trades, Portfolio) with 0.68% and Pioneer Investments (Trades, Portfolio) with 0.43%.
The guru acquired a new position in WRKCo Inc. Class A (WRK), buying 88,471 shares. The trade had an impact of 0.66% on the portfolio.
The supplier of paper and packaging solutions has a market cap of $11.85 billion and an enterprise value of $17.64 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 16.99% and return on assets of 7.55% are outperforming 74% of companies in the Global Packaging and Containers industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.10 is below the industry median of 0.57.
Jim Simons (Trades, Portfolio) is the largest guru shareholder of the company with 0.22% of outstanding shares, followed by Joel Greenblatt (Trades, Portfolio) with 0.14%, Pioneer Investments (Trades, Portfolio) with 0.08% and Robert Olstein (Trades, Portfolio) with 0.07%.
Buckingham bought 61,997 shares in Franklin FTSE Japan (FLJP). The trade had an impact of 0.23% on the portfolio.
The guru established a new position in Franklin FTSE Mexico (FLMX), buying 57,406 shares and expanding the portfolio by 0.21%.
The investor purchased 125,680 shares in Global X MSCI Portugal (PGAL). The trade had an impact of 0.21% on the portfolio.
The guru acquired a new position in Franklin FTSE India (FLIN), buying 65,678 shares and expanding the portfolio by 0.20%.
The guru bought 43,109 shares in Basf SE ADR (BASFY). The trade had an impact of 0.13% on the portfolio.
The company, which offers chemicals, performance products, functional materials and solutions, has a market cap of $72.74 billion and an enterprise value of $87.51 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 18.59% and the return on assets of 7.87% are outperforming 69% of companies in the Global Chemicals industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.35 is below the industry median of 0.72.
Ken Fisher (Trades, Portfolio) is the company's largest shareholder among the gurus with 0.37% of outstanding shares.
The guru added 20.73% to his iShares Short Treasury Bond ETF (SHV) holding, expanding the equity portfolio 0.10%.
Buckingham added 46.04% to his iShares MSCI Malaysia Index Fund (EWM) position, expanding the portfolio by 0.09%.
The guru increased his Lam Research Corp. (LRCX) position by 12.70%, expanding the portfolio by 0.09%.
The company, which develops semiconductor processing systems, has a market cap of $22.97 billion and an enterprise value of $21.76 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 36.25% and return on assets of 18.61% are outperforming 93% of companies in the Global Semiconductor Equipment and Materials industry. Its financial strength is rated 7 out of 10 with a cash-debt ratio of 1.50.
Lee Ainslie (Trades, Portfolio) is the largest shareholder of the company with 1.03% of outstanding shares, followed by Tepper with 0.76, Simons’ firm with 0.64%, Pioneer Investments (Trades, Portfolio) with 0.19% and Greenblatt with 0.15%.
Disclosure: I do not own any stocks mentioned in this article.
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