Steve Mandel of Lone Pine Capital is another excellent hedge fund manager who is also trained under the legendary Julian Robertson. He just reported his 4th quarter portfolio. Steve Mandel bought into a lot of high quality positions, and he was a net buyer for the quarter. Steve Mandel owns 53 stocks with a total value of $10.5 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Steve Mandel
Walgreen Co. is a national retail pharmacy chain and considered the leader in innovative drugstore retailing. Walgreen Company has a market cap of $33.68 billion; its shares were traded at around $34.19 with a P/E ratio of 16 and P/S ratio of 0.5. The dividend yield of Walgreen Company stocks is 1.6%. Walgreen Company had an annual average earning growth of 15.1% over the past 10 years. GuruFocus rated Walgreen Company the business predictability rank of 5-star.
B.F. Goodrich Co.'s operations are classified into three business segments: BFGoodrich Aerospace, BFGoodrich Engineered Industrial Products and BFGoodrich Performance Materials. Goodrich Corp. has a market cap of $7.98 billion; its shares were traded at around $64.18 with a P/E ratio of 14.3 and P/S ratio of 1.2. The dividend yield of Goodrich Corp. stocks is 1.7%. Goodrich Corp. had an annual average earning growth of 27.8% over the past 5 years.
Estee Lauder Co. is one of the world's manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Estee Lauder Companies Inc. has a market cap of $11.58 billion; its shares were traded at around $58.86 with a P/E ratio of 23.6 and P/S ratio of 1.6. The dividend yield of The Estee Lauder Companies Inc. stocks is 0.9%. The Estee Lauder Companies Inc. had an annual average earning growth of 8.2% over the past 10 years.
Citrix Systems, Inc. is one of the suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. Citrix Systems Inc. has a market cap of $8.03 billion; its shares were traded at around $43.89 with a P/E ratio of 32.5 and P/S ratio of 4.9. Citrix Systems Inc. had an annual average earning growth of 9.2% over the past 10 years. GuruFocus rated Citrix Systems Inc. the business predictability rank of 4-star.
VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa Inc. has a market cap of $73.04 billion; its shares were traded at around $86.42 with a P/E ratio of 27.6 and P/S ratio of 10.6. The dividend yield of Visa Inc. stocks is 0.6%.
DR PEPPER SNAPPLE Group is one of the largest beverage companies in the Americas. Dr Pepper Snapple Gp has a market cap of $7.26 billion; its shares were traded at around $28.59 with a P/E ratio of 14.9 and P/S ratio of 1.3. The dividend yield of Dr Pepper Snapple Gp stocks is 2.1%.
McDonald's Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. Mcdonald's Corp. has a market cap of $69.35 billion; its shares were traded at around $64.26 with a P/E ratio of 16.2 and P/S ratio of 3. The dividend yield of Mcdonald's Corp. stocks is 3.4%. Mcdonald's Corp. had an annual average earning growth of 7.2% over the past 10 years.
FLIR Systems, Inc. designs, manufactures and markets thermal imaging and broadcast camera systems for applications in the commercial and government markets. Flir Systems Inc. has a market cap of $4.09 billion; its shares were traded at around $26.93 with a P/E ratio of 18.4 and P/S ratio of 3.5. Flir Systems Inc. had an annual average earning growth of 24.8% over the past 5 years.
J.P. Morgan Chase & Co. is a global financial services firm. Jpmorgan Chase & Co. has a market cap of $164.36 billion; its shares were traded at around $40.04 with a P/E ratio of 18.1 and P/S ratio of 1.6. The dividend yield of Jpmorgan Chase & Co. stocks is 0.5%.
New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental Education & Technology Grou has a market cap of $2.75 billion; its shares were traded at around $72.19 with a P/E ratio of 39.3 and P/S ratio of 9.4.
QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. Qualcomm Inc. has a market cap of $65.86 billion; its shares were traded at around $39.43 with a P/E ratio of 23 and P/S ratio of 6.4. The dividend yield of Qualcomm Inc. stocks is 1.7%. Qualcomm Inc. had an annual average earning growth of 28.9% over the past 10 years. GuruFocus rated Qualcomm Inc. the business predictability rank of 1-star.
DISCOVERY COMMUNICATIONS INC., formerly Discovery Holding Company, is a holding company that conducts operations through its two wholly owned operating subsidiaries, Ascent Media Group, LLC and Ascent Media CANS, LLC, and throught its 66. Discovery Communications, Inc has a market cap of $8.9 billion; its shares were traded at around $31.38 with a P/E ratio of 25.7 and P/S ratio of 2.5.
Popular, Inc. is a diversified, publicly owned bank holding company. Popular Inc. has a market cap of $1.27 billion; its shares were traded at around $1.98 with and P/S ratio of 0.5. Popular Inc. had an annual average earning growth of 24.1% over the past 10 years.
STRAYER EDUCATION, INC. The College is a regional proprietary institution of higher education offering undergraduate and graduate degree programs to more than 7,000 students at eight campuses in Washington, D. Strayer Education Inc. has a market cap of $3.01 billion; its shares were traded at around $214.96 with a P/E ratio of 28.2 and P/S ratio of 5.9. The dividend yield of Strayer Education Inc. stocks is 1.4%. Strayer Education Inc. had an annual average earning growth of 19% over the past 10 years. GuruFocus rated Strayer Education Inc. the business predictability rank of 3-star.
Henry Schein, Inc. is the largest distributor of healthcare products and services to office-based healthcare practitioners in the combined North American and European markets. Henry Schein Inc. has a market cap of $5.16 billion; its shares were traded at around $57.05 with a P/E ratio of 18.1 and P/S ratio of 0.8. Henry Schein Inc. had an annual average earning growth of 14.1% over the past 10 years. GuruFocus rated Henry Schein Inc. the business predictability rank of 5-star.
Baxter engages in the worldwide development, manufacture and distribution of a diversified line of products, systems and services used primarily in the health-care field. Baxter International Inc. has a market cap of $34.75 billion; its shares were traded at around $57.65 with a P/E ratio of 15.2 and P/S ratio of 2.7. The dividend yield of Baxter International Inc. stocks is 2%. Baxter International Inc. had an annual average earning growth of 4.8% over the past 10 years. GuruFocus rated Baxter International Inc. the business predictability rank of 4.5-star.
HSBC HOLDINGS is one of the largest banking and financial services organisations in the world. Hsbc Holdings Plc has a market cap of $186.03 billion; its shares were traded at around $53.39 with and P/S ratio of 1.5. The dividend yield of Hsbc Holdings Plc stocks is 2.3%. Hsbc Holdings Plc had an annual average earning growth of 36.9% over the past 5 years.
Accenture Limited is a management consulting, technology services and outsourcing organization. Accenture Ltd has a market cap of $25.8 billion; its shares were traded at around $40.79 with a P/E ratio of 15.6 and P/S ratio of 1.1. The dividend yield of Accenture Ltd stocks is 1.8%. Accenture Ltd had an annual average earning growth of 23.4% over the past 5 years.
Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Company has a market cap of $139.73 billion; its shares were traded at around $27.33 with a P/E ratio of 15 and P/S ratio of 1.4. The dividend yield of Wells Fargo & Company stocks is 0.7%. Wells Fargo & Company had an annual average earning growth of 10.8% over the past 10 years.
Walt Disney Company owns 100% of Disney Enterprises, Inc. The Walt Disney Company Disney has a market cap of $57.55 billion; its shares were traded at around $30.86 with a P/E ratio of 16.4 and P/S ratio of 1.6. The dividend yield of The Walt Disney Company Disney stocks is 1.1%. The Walt Disney Company Disney had an annual average earning growth of 4.4% over the past 10 years.
Yum! Brands Inc. is the one of the world's largest restaurant companies, with restaurants around the world in numerous countries and territories. Yum! Brands Inc. has a market cap of $15.74 billion; its shares were traded at around $33.66 with a P/E ratio of 15.4 and P/S ratio of 1.5. The dividend yield of Yum! Brands Inc. stocks is 2.5%. Yum! Brands Inc. had an annual average earning growth of 9.9% over the past 5 years. GuruFocus rated Yum! Brands Inc. the business predictability rank of 2-star.
Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $135.46 billion; its shares were traded at around $15.66 with and P/S ratio of 0.9. The dividend yield of Bank Of America Corp. stocks is 0.3%. Bank Of America Corp. had an annual average earning growth of 7.5% over the past 10 years.
eBay is one of the world's largest online trading communities. Ebay Inc. has a market cap of $29.32 billion; its shares were traded at around $22.68 with a P/E ratio of 17.6 and P/S ratio of 3.3. Ebay Inc. had an annual average earning growth of 29% over the past 5 years.
CVS/Caremark is the nation's premier integrated pharmacy services provider, combining one of the nation's pharmaceutical services companies with the country's largest pharmacy chain. Cvs Caremark Corp. has a market cap of $47.94 billion; its shares were traded at around $33.99 with a P/E ratio of 12.9 and P/S ratio of 0.5. The dividend yield of Cvs Caremark Corp. stocks is 1%. Cvs Caremark Corp. had an annual average earning growth of 10.5% over the past 10 years. GuruFocus rated Cvs Caremark Corp. the business predictability rank of 4-star.
Staples.com is creating a business-to-business electronic marketplace offering a comprehensive solution for all of the officeneeds of business customers. Staples Inc. has a market cap of $18.13 billion; its shares were traded at around $25.05 with a P/E ratio of 22.1 and P/S ratio of 0.8. The dividend yield of Staples Inc. stocks is 0.3%. Staples Inc. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated Staples Inc. the business predictability rank of 5-star.
Autodesk is one of the world's design software and digital content companies for architectural design and land development, manufacturing, utilities, telecommunications, and media and entertainment. Autodesk Inc. has a market cap of $5.95 billion; its shares were traded at around $25.88 with a P/E ratio of 50.8 and P/S ratio of 2.6. Autodesk Inc. had an annual average earning growth of 14.7% over the past 10 years.
Mead Johnson Nutrition Company is a pediatric nutrition company. Mead Johnson Nutriti has a market cap of $9.49 billion; its shares were traded at around $46.43 with a P/E ratio of 21 and P/S ratio of 3.4. The dividend yield of Mead Johnson Nutriti stocks is 1.8%.
Mindray Medical International Limited is a developer, manufacturer and marketer of medical devices in China with a significant and growing presence worldwide. Mindray Medical International Ltd. has a market cap of $2.76 billion; its shares were traded at around $36.49 with a P/E ratio of 31.2 and P/S ratio of 5. The dividend yield of Mindray Medical International Ltd. stocks is 0.5%.
Cninsure Inc. is a independent insurance agency and brokerage company operating in China. Cninsure Inc. has a market cap of $996 million; its shares were traded at around $21.83 with a P/E ratio of 27.3 and P/S ratio of 8.1. The dividend yield of Cninsure Inc. stocks is 0.9%.
MELCO CROWN ENTERTAINMENT is an owner and developer of casino gaming and entertainment resort facilities that are focused on the rapidly expanding gaming market found in Macau. Melco Crown Entertainment Limited - American Depos has a market cap of $2.05 billion; its shares were traded at around $3.88 with and P/S ratio of 1.6.
Smithfield Foods, Inc. is one of the world's largest pork processors and hog producer. Smithfield Foods Inc. has a market cap of $2.75 billion; its shares were traded at around $16.59 with and P/S ratio of 0.2. Smithfield Foods Inc. had an annual average earning growth of 1.9% over the past 10 years.
Vistaprint N.V. is an online provider of coordinated portfolios of marketing products and services to small businesses globally. Vistaprint Ltd. has a market cap of $2.39 billion; its shares were traded at around $55.49 with a P/E ratio of 36.1 and P/S ratio of 4.7.
Southwestern Energy Company is an energy company primarily focused on natural gas. Southwestern Energy Company has a market cap of $15.78 billion; its shares were traded at around $45.7 with a P/E ratio of 33.6 and P/S ratio of 6.8. Southwestern Energy Company had an annual average earning growth of 14.2% over the past 10 years.
Huntington Bancshares is a multi-state bank holding company. Huntington Bancshares Inc. has a market cap of $3.4 billion; its shares were traded at around $4.76 with and P/S ratio of 1.1. The dividend yield of Huntington Bancshares Inc. stocks is 0.8%.
American Movil is the provider of wireless communications services in Mexico. America Movil S.a.b. De C.v. has a market cap of $82.58 billion; its shares were traded at around $45.88 with a P/E ratio of 14.3 and P/S ratio of 2.8. The dividend yield of America Movil S.a.b. De C.v. stocks is 1%. America Movil S.a.b. De C.v. had an annual average earning growth of 45.5% over the past 5 years.
Walter Energy, based in Tampa, Fla., formerly Walter Industries, Inc. Walter Industries Inc. has a market cap of $4.2 billion; its shares were traded at around $79.19 with a P/E ratio of 30.8 and P/S ratio of 4.4. The dividend yield of Walter Industries Inc. stocks is 0.5%. Walter Industries Inc. had an annual average earning growth of 2.7% over the past 10 years.
CEMEX is one of the largest cement companies in the world, with close to 78 million metric tons of production capacity. Cemex S.a.b. De C.v. has a market cap of $9.3 billion; its shares were traded at around $9.69 with a P/E ratio of 14.7 and P/S ratio of 0.6.
Philip Morris International is the international tobacco company, with products sold in over 160 countries. Philip Morris International Inc has a market cap of $94.91 billion; its shares were traded at around $49.83 with a P/E ratio of 15 and P/S ratio of 1.5. The dividend yield of Philip Morris International Inc stocks is 4.7%.
Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a `demand collection system` that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Priceline.com Inc. has a market cap of $9.36 billion; its shares were traded at around $212.87 with a P/E ratio of 29.7 and P/S ratio of 4.9. Priceline.com Inc. had an annual average earning growth of 48.7% over the past 5 years.
Mindray Medical International Limited is a developer, manufacturer and marketer of medical devices in China with a significant and growing presence worldwide. Mindray Medical International Ltd. has a market cap of $2.76 billion; its shares were traded at around $36.49 with a P/E ratio of 31.2 and P/S ratio of 5. The dividend yield of Mindray Medical International Ltd. stocks is 0.5%.
FOMENTO ECO-ADR is Latin America's largest beverage company, exporting to the United States, Canada, and select countries in Europe, Asia, and Latin America. Fomento Economico Mexicano S.a.b. De C.v has a market cap of $14.99 billion; its shares were traded at around $41.9 with a P/E ratio of 31.7 and P/S ratio of 1.3. The dividend yield of Fomento Economico Mexicano S.a.b. De C.v stocks is 0.9%. Fomento Economico Mexicano S.a.b. De C.v had an annual average earning growth of 46.5% over the past 10 years. GuruFocus rated Fomento Economico Mexicano S.a.b. De C.v the business predictability rank of 2-star.
MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. Mastercard Inc. has a market cap of $29.17 billion; its shares were traded at around $224.83 with a P/E ratio of 19.8 and P/S ratio of 5.7. The dividend yield of Mastercard Inc. stocks is 0.3%.
The Coca-Cola Company is the world's largest beverage company and is the producer and marketer of soft drinks. The Cocacola Company has a market cap of $128.21 billion; its shares were traded at around $55.33 with a P/E ratio of 18.2 and P/S ratio of 4.1. The dividend yield of The Cocacola Company stocks is 3%. The Cocacola Company had an annual average earning growth of 5.3% over the past 10 years. GuruFocus rated The Cocacola Company the business predictability rank of 2.5-star.
Coach Inc. is a designer, producer and marketer of high-quality, modern, American classic accessories that complement the diverse lifestyles of discerning women and men. Coach Inc. has a market cap of $11.5 billion; its shares were traded at around $36.05 with a P/E ratio of 18.1 and P/S ratio of 3.6. The dividend yield of Coach Inc. stocks is 0.8%. Coach Inc. had an annual average earning growth of 29.3% over the past 5 years.
- New Purchases: ACN, ADSK, BAC, BAX, CISG, CVS, DIS, EBAY, HBC, MJN, MR , SPLS, WFC, YUM,
- Added Positions: BPOP, CTXS, DISCA, DPS, EDU, EL, FLIR, GR, HSIC, JPM, MCD, QCOM, STRA, V, WAG,
- Reduced Positions: MPEL, SFD, SWN, VPRT,
- Sold Out: AMX, COH, CX, FMX, HBAN, KO, MA, MR, PCLN, PM, WLT,
This is the sector weightings of his portfolio:
| Consumer Services | 24.4% |
| Financials | 22.8% |
| Technology | 18.5% |
| Health Care | 12.4% |
| Industrials | 11.8% |
| Consumer Goods | 6.4% |
| Oil & Gas | 0.9% |
These are the top 5 holdings of Steve Mandel
- JPMorgan Chase & Co. (JPM) - 17,486,108 shares, 6.97% of the total portfolio
- Monsanto Company (MON) - 8,185,449 shares, 6.4% of the total portfolio
- Baxter International Inc. (BAX) - 10,441,630 shares, 5.86% of the total portfolio
- QUALCOMM Inc. (QCOM) - 12,240,777 shares, 5.42% of the total portfolio
- Apple Inc. (AAPL) - 2,525,541 shares, 5.09% of the total portfolio
Added: Walgreen Company (WAG)
Steve Mandel added to his holdings in Walgreen Company by 88.4%. His purchase prices were between $36.61 and $40.37, with an estimated average price of $38.57. The impact to his portfolio due to this purchase was 1.27%. His holdings were 7,679,875 shares as of 12/31/2009.Walgreen Co. is a national retail pharmacy chain and considered the leader in innovative drugstore retailing. Walgreen Company has a market cap of $33.68 billion; its shares were traded at around $34.19 with a P/E ratio of 16 and P/S ratio of 0.5. The dividend yield of Walgreen Company stocks is 1.6%. Walgreen Company had an annual average earning growth of 15.1% over the past 10 years. GuruFocus rated Walgreen Company the business predictability rank of 5-star.
Added: Goodrich Corp. (GR)
Steve Mandel added to his holdings in Goodrich Corp. by 96.06%. His purchase prices were between $52.42 and $65.64, with an estimated average price of $59.36. The impact to his portfolio due to this purchase was 1.24%. His holdings were 4,117,998 shares as of 12/31/2009.B.F. Goodrich Co.'s operations are classified into three business segments: BFGoodrich Aerospace, BFGoodrich Engineered Industrial Products and BFGoodrich Performance Materials. Goodrich Corp. has a market cap of $7.98 billion; its shares were traded at around $64.18 with a P/E ratio of 14.3 and P/S ratio of 1.2. The dividend yield of Goodrich Corp. stocks is 1.7%. Goodrich Corp. had an annual average earning growth of 27.8% over the past 5 years.
Added: The Estee Lauder Companies Inc. (EL)
Steve Mandel added to his holdings in The Estee Lauder Companies Inc. by 309.91%. His purchase prices were between $36.34 and $50.28, with an estimated average price of $45.79. The impact to his portfolio due to this purchase was 1.07%. His holdings were 3,052,933 shares as of 12/31/2009.Estee Lauder Co. is one of the world's manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Estee Lauder Companies Inc. has a market cap of $11.58 billion; its shares were traded at around $58.86 with a P/E ratio of 23.6 and P/S ratio of 1.6. The dividend yield of The Estee Lauder Companies Inc. stocks is 0.9%. The Estee Lauder Companies Inc. had an annual average earning growth of 8.2% over the past 10 years.
Added: Citrix Systems Inc. (CTXS)
Steve Mandel added to his holdings in Citrix Systems Inc. by 176.09%. His purchase prices were between $36.76 and $42.34, with an estimated average price of $39.32. The impact to his portfolio due to this purchase was 0.93%. His holdings were 3,656,401 shares as of 12/31/2009.Citrix Systems, Inc. is one of the suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. Citrix Systems Inc. has a market cap of $8.03 billion; its shares were traded at around $43.89 with a P/E ratio of 32.5 and P/S ratio of 4.9. Citrix Systems Inc. had an annual average earning growth of 9.2% over the past 10 years. GuruFocus rated Citrix Systems Inc. the business predictability rank of 4-star.
Added: Visa Inc. (V)
Steve Mandel added to his holdings in Visa Inc. by 23.91%. His purchase prices were between $67.79 and $88.97, with an estimated average price of $79.74. The impact to his portfolio due to this purchase was 0.88%. His holdings were 5,465,874 shares as of 12/31/2009.VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa Inc. has a market cap of $73.04 billion; its shares were traded at around $86.42 with a P/E ratio of 27.6 and P/S ratio of 10.6. The dividend yield of Visa Inc. stocks is 0.6%.
Added: Dr Pepper Snapple Gp (DPS)
Steve Mandel added to his holdings in Dr Pepper Snapple Gp by 335.64%. His purchase prices were between $26.19 and $30.09, with an estimated average price of $27.76. The impact to his portfolio due to this purchase was 0.82%. His holdings were 3,942,443 shares as of 12/31/2009.DR PEPPER SNAPPLE Group is one of the largest beverage companies in the Americas. Dr Pepper Snapple Gp has a market cap of $7.26 billion; its shares were traded at around $28.59 with a P/E ratio of 14.9 and P/S ratio of 1.3. The dividend yield of Dr Pepper Snapple Gp stocks is 2.1%.
Added: Mcdonald's Corp. (MCD)
Steve Mandel added to his holdings in Mcdonald's Corp. by 19.77%. His purchase prices were between $56.61 and $64.53, with an estimated average price of $61.31. The impact to his portfolio due to this purchase was 0.75%. His holdings were 7,620,201 shares as of 12/31/2009.McDonald's Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. Mcdonald's Corp. has a market cap of $69.35 billion; its shares were traded at around $64.26 with a P/E ratio of 16.2 and P/S ratio of 3. The dividend yield of Mcdonald's Corp. stocks is 3.4%. Mcdonald's Corp. had an annual average earning growth of 7.2% over the past 10 years.
Added: Flir Systems Inc. (FLIR)
Steve Mandel added to his holdings in Flir Systems Inc. by 32.92%. His purchase prices were between $26.96 and $33.19, with an estimated average price of $29.46. The impact to his portfolio due to this purchase was 0.53%. His holdings were 6,866,822 shares as of 12/31/2009.FLIR Systems, Inc. designs, manufactures and markets thermal imaging and broadcast camera systems for applications in the commercial and government markets. Flir Systems Inc. has a market cap of $4.09 billion; its shares were traded at around $26.93 with a P/E ratio of 18.4 and P/S ratio of 3.5. Flir Systems Inc. had an annual average earning growth of 24.8% over the past 5 years.
Added: Jpmorgan Chase & Co. (JPM)
Steve Mandel added to his holdings in Jpmorgan Chase & Co. by 6.88%. His purchase prices were between $40.27 and $46.03, with an estimated average price of $42.84. The impact to his portfolio due to this purchase was 0.45%. His holdings were 17,486,108 shares as of 12/31/2009.J.P. Morgan Chase & Co. is a global financial services firm. Jpmorgan Chase & Co. has a market cap of $164.36 billion; its shares were traded at around $40.04 with a P/E ratio of 18.1 and P/S ratio of 1.6. The dividend yield of Jpmorgan Chase & Co. stocks is 0.5%.
Added: New Oriental Education & Technology Grou (EDU)
Steve Mandel added to his holdings in New Oriental Education & Technology Grou by 66.37%. His purchase prices were between $67.26 and $83.2, with an estimated average price of $74.06. The impact to his portfolio due to this purchase was 0.24%. His holdings were 809,954 shares as of 12/31/2009.New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental Education & Technology Grou has a market cap of $2.75 billion; its shares were traded at around $72.19 with a P/E ratio of 39.3 and P/S ratio of 9.4.
Added: Qualcomm Inc. (QCOM)
Steve Mandel added to his holdings in Qualcomm Inc. by 4.41%. His purchase prices were between $40.68 and $46.86, with an estimated average price of $43.98. The impact to his portfolio due to this purchase was 0.23%. His holdings were 12,240,777 shares as of 12/31/2009.QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. Qualcomm Inc. has a market cap of $65.86 billion; its shares were traded at around $39.43 with a P/E ratio of 23 and P/S ratio of 6.4. The dividend yield of Qualcomm Inc. stocks is 1.7%. Qualcomm Inc. had an annual average earning growth of 28.9% over the past 10 years. GuruFocus rated Qualcomm Inc. the business predictability rank of 1-star.
Added: Discovery Communications, Inc (DISCA)
Steve Mandel added to his holdings in Discovery Communications, Inc by 11.72%. His purchase prices were between $27.28 and $32.39, with an estimated average price of $30.64. The impact to his portfolio due to this purchase was 0.19%. His holdings were 6,096,538 shares as of 12/31/2009.DISCOVERY COMMUNICATIONS INC., formerly Discovery Holding Company, is a holding company that conducts operations through its two wholly owned operating subsidiaries, Ascent Media Group, LLC and Ascent Media CANS, LLC, and throught its 66. Discovery Communications, Inc has a market cap of $8.9 billion; its shares were traded at around $31.38 with a P/E ratio of 25.7 and P/S ratio of 2.5.
Added: Popular Inc. (BPOP)
Steve Mandel added to his holdings in Popular Inc. by 80.63%. His purchase prices were between $2.12 and $2.8, with an estimated average price of $2.43. The impact to his portfolio due to this purchase was 0.18%. His holdings were 18,607,489 shares as of 12/31/2009.Popular, Inc. is a diversified, publicly owned bank holding company. Popular Inc. has a market cap of $1.27 billion; its shares were traded at around $1.98 with and P/S ratio of 0.5. Popular Inc. had an annual average earning growth of 24.1% over the past 10 years.
Added: Strayer Education Inc. (STRA)
Steve Mandel added to his holdings in Strayer Education Inc. by 5.54%. His purchase prices were between $190 and $230.08, with an estimated average price of $206.57. The impact to his portfolio due to this purchase was 0.14%. His holdings were 1,353,513 shares as of 12/31/2009.STRAYER EDUCATION, INC. The College is a regional proprietary institution of higher education offering undergraduate and graduate degree programs to more than 7,000 students at eight campuses in Washington, D. Strayer Education Inc. has a market cap of $3.01 billion; its shares were traded at around $214.96 with a P/E ratio of 28.2 and P/S ratio of 5.9. The dividend yield of Strayer Education Inc. stocks is 1.4%. Strayer Education Inc. had an annual average earning growth of 19% over the past 10 years. GuruFocus rated Strayer Education Inc. the business predictability rank of 3-star.
Added: Henry Schein Inc. (HSIC)
Steve Mandel added to his holdings in Henry Schein Inc. by 7.2%. His purchase prices were between $49.66 and $56.46, with an estimated average price of $52.57. The impact to his portfolio due to this purchase was 0.09%. His holdings were 2,783,983 shares as of 12/31/2009.Henry Schein, Inc. is the largest distributor of healthcare products and services to office-based healthcare practitioners in the combined North American and European markets. Henry Schein Inc. has a market cap of $5.16 billion; its shares were traded at around $57.05 with a P/E ratio of 18.1 and P/S ratio of 0.8. Henry Schein Inc. had an annual average earning growth of 14.1% over the past 10 years. GuruFocus rated Henry Schein Inc. the business predictability rank of 5-star.
New Purchase: Baxter International Inc. (BAX)
Steve Mandel initiated holdings in Baxter International Inc.. His purchase prices were between $53.92 and $59.5, with an estimated average price of $56.28. The impact to his portfolio due to this purchase was 5.86%. His holdings were 10,441,630 shares as of 12/31/2009.Baxter engages in the worldwide development, manufacture and distribution of a diversified line of products, systems and services used primarily in the health-care field. Baxter International Inc. has a market cap of $34.75 billion; its shares were traded at around $57.65 with a P/E ratio of 15.2 and P/S ratio of 2.7. The dividend yield of Baxter International Inc. stocks is 2%. Baxter International Inc. had an annual average earning growth of 4.8% over the past 10 years. GuruFocus rated Baxter International Inc. the business predictability rank of 4.5-star.
New Purchase: Hsbc Holdings Plc (HBC)
Steve Mandel initiated holdings in Hsbc Holdings Plc. His purchase prices were between $54.9 and $63.95, with an estimated average price of $58.12. The impact to his portfolio due to this purchase was 3.65%. His holdings were 6,676,242 shares as of 12/31/2009.HSBC HOLDINGS is one of the largest banking and financial services organisations in the world. Hsbc Holdings Plc has a market cap of $186.03 billion; its shares were traded at around $53.39 with and P/S ratio of 1.5. The dividend yield of Hsbc Holdings Plc stocks is 2.3%. Hsbc Holdings Plc had an annual average earning growth of 36.9% over the past 5 years.
New Purchase: Accenture Ltd (ACN)
Steve Mandel initiated holdings in Accenture Ltd. His purchase prices were between $37.08 and $42.87, with an estimated average price of $39.98. The impact to his portfolio due to this purchase was 3.46%. His holdings were 8,708,237 shares as of 12/31/2009.Accenture Limited is a management consulting, technology services and outsourcing organization. Accenture Ltd has a market cap of $25.8 billion; its shares were traded at around $40.79 with a P/E ratio of 15.6 and P/S ratio of 1.1. The dividend yield of Accenture Ltd stocks is 1.8%. Accenture Ltd had an annual average earning growth of 23.4% over the past 5 years.
New Purchase: Wells Fargo & Company (WFC)
Steve Mandel initiated holdings in Wells Fargo & Company. His purchase prices were between $25.32 and $30.46, with an estimated average price of $27.63. The impact to his portfolio due to this purchase was 2.83%. His holdings were 10,966,100 shares as of 12/31/2009.Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Company has a market cap of $139.73 billion; its shares were traded at around $27.33 with a P/E ratio of 15 and P/S ratio of 1.4. The dividend yield of Wells Fargo & Company stocks is 0.7%. Wells Fargo & Company had an annual average earning growth of 10.8% over the past 10 years.
New Purchase: The Walt Disney Company Disney (DIS)
Steve Mandel initiated holdings in The Walt Disney Company Disney. His purchase prices were between $27.21 and $32.43, with an estimated average price of $30.02. The impact to his portfolio due to this purchase was 2.3%. His holdings were 7,441,464 shares as of 12/31/2009.Walt Disney Company owns 100% of Disney Enterprises, Inc. The Walt Disney Company Disney has a market cap of $57.55 billion; its shares were traded at around $30.86 with a P/E ratio of 16.4 and P/S ratio of 1.6. The dividend yield of The Walt Disney Company Disney stocks is 1.1%. The Walt Disney Company Disney had an annual average earning growth of 4.4% over the past 10 years.
New Purchase: Yum! Brands Inc. (YUM)
Steve Mandel initiated holdings in Yum! Brands Inc.. His purchase prices were between $32.95 and $36.06, with an estimated average price of $34.82. The impact to his portfolio due to this purchase was 2.19%. His holdings were 6,534,659 shares as of 12/31/2009.Yum! Brands Inc. is the one of the world's largest restaurant companies, with restaurants around the world in numerous countries and territories. Yum! Brands Inc. has a market cap of $15.74 billion; its shares were traded at around $33.66 with a P/E ratio of 15.4 and P/S ratio of 1.5. The dividend yield of Yum! Brands Inc. stocks is 2.5%. Yum! Brands Inc. had an annual average earning growth of 9.9% over the past 5 years. GuruFocus rated Yum! Brands Inc. the business predictability rank of 2-star.
New Purchase: Bank Of America Corp. (BAC)
Steve Mandel initiated holdings in Bank Of America Corp.. His purchase prices were between $14.58 and $17.5, with an estimated average price of $15.79. The impact to his portfolio due to this purchase was 2.09%. His holdings were 14,519,200 shares as of 12/31/2009.Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $135.46 billion; its shares were traded at around $15.66 with and P/S ratio of 0.9. The dividend yield of Bank Of America Corp. stocks is 0.3%. Bank Of America Corp. had an annual average earning growth of 7.5% over the past 10 years.
New Purchase: Ebay Inc. (EBAY)
Steve Mandel initiated holdings in Ebay Inc.. His purchase prices were between $22.27 and $25.15, with an estimated average price of $23.42. The impact to his portfolio due to this purchase was 1.81%. His holdings were 8,042,649 shares as of 12/31/2009.eBay is one of the world's largest online trading communities. Ebay Inc. has a market cap of $29.32 billion; its shares were traded at around $22.68 with a P/E ratio of 17.6 and P/S ratio of 3.3. Ebay Inc. had an annual average earning growth of 29% over the past 5 years.
New Purchase: Cvs Caremark Corp. (CVS)
Steve Mandel initiated holdings in Cvs Caremark Corp.. His purchase prices were between $28.87 and $37.96, with an estimated average price of $32.86. The impact to his portfolio due to this purchase was 1.43%. His holdings were 4,635,926 shares as of 12/31/2009.CVS/Caremark is the nation's premier integrated pharmacy services provider, combining one of the nation's pharmaceutical services companies with the country's largest pharmacy chain. Cvs Caremark Corp. has a market cap of $47.94 billion; its shares were traded at around $33.99 with a P/E ratio of 12.9 and P/S ratio of 0.5. The dividend yield of Cvs Caremark Corp. stocks is 1%. Cvs Caremark Corp. had an annual average earning growth of 10.5% over the past 10 years. GuruFocus rated Cvs Caremark Corp. the business predictability rank of 4-star.
New Purchase: Staples Inc. (SPLS)
Steve Mandel initiated holdings in Staples Inc.. His purchase prices were between $21.64 and $25.01, with an estimated average price of $23.32. The impact to his portfolio due to this purchase was 1.41%. His holdings were 5,983,239 shares as of 12/31/2009.Staples.com is creating a business-to-business electronic marketplace offering a comprehensive solution for all of the officeneeds of business customers. Staples Inc. has a market cap of $18.13 billion; its shares were traded at around $25.05 with a P/E ratio of 22.1 and P/S ratio of 0.8. The dividend yield of Staples Inc. stocks is 0.3%. Staples Inc. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated Staples Inc. the business predictability rank of 5-star.
New Purchase: Autodesk Inc. (ADSK)
Steve Mandel initiated holdings in Autodesk Inc.. His purchase prices were between $22.62 and $27.69, with an estimated average price of $25.09. The impact to his portfolio due to this purchase was 0.57%. His holdings were 2,330,411 shares as of 12/31/2009.Autodesk is one of the world's design software and digital content companies for architectural design and land development, manufacturing, utilities, telecommunications, and media and entertainment. Autodesk Inc. has a market cap of $5.95 billion; its shares were traded at around $25.88 with a P/E ratio of 50.8 and P/S ratio of 2.6. Autodesk Inc. had an annual average earning growth of 14.7% over the past 10 years.
New Purchase: Mead Johnson Nutriti (MJN)
Steve Mandel initiated holdings in Mead Johnson Nutriti. His purchase prices were between $41.5 and $47.24, with an estimated average price of $43.51. The impact to his portfolio due to this purchase was 0.53%. His holdings were 1,278,236 shares as of 12/31/2009.Mead Johnson Nutrition Company is a pediatric nutrition company. Mead Johnson Nutriti has a market cap of $9.49 billion; its shares were traded at around $46.43 with a P/E ratio of 21 and P/S ratio of 3.4. The dividend yield of Mead Johnson Nutriti stocks is 1.8%.
New Purchase: Mindray Medical International Ltd. (MR )
Steve Mandel initiated holdings in Mindray Medical International Ltd.. His purchase prices were between $28.89 and $34.8, with an estimated average price of $31.82. The impact to his portfolio due to this purchase was 0.18%. His holdings were 566,579 shares as of 12/31/2009.Mindray Medical International Limited is a developer, manufacturer and marketer of medical devices in China with a significant and growing presence worldwide. Mindray Medical International Ltd. has a market cap of $2.76 billion; its shares were traded at around $36.49 with a P/E ratio of 31.2 and P/S ratio of 5. The dividend yield of Mindray Medical International Ltd. stocks is 0.5%.
New Purchase: Cninsure Inc. (CISG)
Steve Mandel initiated holdings in Cninsure Inc.. His purchase prices were between $18.5 and $23.38, with an estimated average price of $21.38. The impact to his portfolio due to this purchase was 0.17%. His holdings were 888,118 shares as of 12/31/2009.Cninsure Inc. is a independent insurance agency and brokerage company operating in China. Cninsure Inc. has a market cap of $996 million; its shares were traded at around $21.83 with a P/E ratio of 27.3 and P/S ratio of 8.1. The dividend yield of Cninsure Inc. stocks is 0.9%.
Reduced: Melco Crown Entertainment Limited - American Depos (MPEL)
Steve Mandel reduced to his holdings in Melco Crown Entertainment Limited - American Depos by 48.87%. His sale prices were between $3.35 and $7.18, with an estimated average price of $4.73. The impact to his portfolio due to this sale was -0.13%. Steve Mandel still held 8,163,053 shares as of 12/31/2009.MELCO CROWN ENTERTAINMENT is an owner and developer of casino gaming and entertainment resort facilities that are focused on the rapidly expanding gaming market found in Macau. Melco Crown Entertainment Limited - American Depos has a market cap of $2.05 billion; its shares were traded at around $3.88 with and P/S ratio of 1.6.
Reduced: Smithfield Foods Inc. (SFD)
Steve Mandel reduced to his holdings in Smithfield Foods Inc. by 32.83%. His sale prices were between $12.64 and $17.12, with an estimated average price of $15.2. The impact to his portfolio due to this sale was -0.26%. Steve Mandel still held 5,482,182 shares as of 12/31/2009.Smithfield Foods, Inc. is one of the world's largest pork processors and hog producer. Smithfield Foods Inc. has a market cap of $2.75 billion; its shares were traded at around $16.59 with and P/S ratio of 0.2. Smithfield Foods Inc. had an annual average earning growth of 1.9% over the past 10 years.
Reduced: Vistaprint Ltd. (VPRT)
Steve Mandel reduced to his holdings in Vistaprint Ltd. by 64.77%. His sale prices were between $48.13 and $59.02, with an estimated average price of $54.04. The impact to his portfolio due to this sale was -0.31%. Steve Mandel still held 880,759 shares as of 12/31/2009.Vistaprint N.V. is an online provider of coordinated portfolios of marketing products and services to small businesses globally. Vistaprint Ltd. has a market cap of $2.39 billion; its shares were traded at around $55.49 with a P/E ratio of 36.1 and P/S ratio of 4.7.
Reduced: Southwestern Energy Company (SWN)
Steve Mandel reduced to his holdings in Southwestern Energy Company by 60.61%. His sale prices were between $40.73 and $50.62, with an estimated average price of $44.95. The impact to his portfolio due to this sale was -0.56%. Steve Mandel still held 1,988,979 shares as of 12/31/2009.Southwestern Energy Company is an energy company primarily focused on natural gas. Southwestern Energy Company has a market cap of $15.78 billion; its shares were traded at around $45.7 with a P/E ratio of 33.6 and P/S ratio of 6.8. Southwestern Energy Company had an annual average earning growth of 14.2% over the past 10 years.
Sold Out: Huntington Bancshares Inc. (HBAN)
Steve Mandel sold out his holdings in Huntington Bancshares Inc.. His sale prices were between $3.59 and $4.63, with an estimated average price of $3.91.Huntington Bancshares is a multi-state bank holding company. Huntington Bancshares Inc. has a market cap of $3.4 billion; its shares were traded at around $4.76 with and P/S ratio of 1.1. The dividend yield of Huntington Bancshares Inc. stocks is 0.8%.
Sold Out: America Movil S.a.b. De C.v. (AMX)
Steve Mandel sold out his holdings in America Movil S.a.b. De C.v.. His sale prices were between $42.63 and $49.69, with an estimated average price of $47.11.American Movil is the provider of wireless communications services in Mexico. America Movil S.a.b. De C.v. has a market cap of $82.58 billion; its shares were traded at around $45.88 with a P/E ratio of 14.3 and P/S ratio of 2.8. The dividend yield of America Movil S.a.b. De C.v. stocks is 1%. America Movil S.a.b. De C.v. had an annual average earning growth of 45.5% over the past 5 years.
Sold Out: Walter Industries Inc. (WLT)
Steve Mandel sold out his holdings in Walter Industries Inc.. His sale prices were between $54.66 and $79.14, with an estimated average price of $67.77.Walter Energy, based in Tampa, Fla., formerly Walter Industries, Inc. Walter Industries Inc. has a market cap of $4.2 billion; its shares were traded at around $79.19 with a P/E ratio of 30.8 and P/S ratio of 4.4. The dividend yield of Walter Industries Inc. stocks is 0.5%. Walter Industries Inc. had an annual average earning growth of 2.7% over the past 10 years.
Sold Out: Cemex S.a.b. De C.v. (CX)
Steve Mandel sold out his holdings in Cemex S.a.b. De C.v.. His sale prices were between $10.33 and $13.54, with an estimated average price of $11.67.CEMEX is one of the largest cement companies in the world, with close to 78 million metric tons of production capacity. Cemex S.a.b. De C.v. has a market cap of $9.3 billion; its shares were traded at around $9.69 with a P/E ratio of 14.7 and P/S ratio of 0.6.
Sold Out: Philip Morris International Inc (PM)
Steve Mandel sold out his holdings in Philip Morris International Inc. His sale prices were between $47.36 and $51.55, with an estimated average price of $49.44.Philip Morris International is the international tobacco company, with products sold in over 160 countries. Philip Morris International Inc has a market cap of $94.91 billion; its shares were traded at around $49.83 with a P/E ratio of 15 and P/S ratio of 1.5. The dividend yield of Philip Morris International Inc stocks is 4.7%.
Sold Out: Priceline.com Inc. (PCLN)
Steve Mandel sold out his holdings in Priceline.com Inc.. His sale prices were between $157.79 and $229.24, with an estimated average price of $197.73.Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a `demand collection system` that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Priceline.com Inc. has a market cap of $9.36 billion; its shares were traded at around $212.87 with a P/E ratio of 29.7 and P/S ratio of 4.9. Priceline.com Inc. had an annual average earning growth of 48.7% over the past 5 years.
Sold Out: Mindray Medical International Ltd. (MR)
Steve Mandel sold out his holdings in Mindray Medical International Ltd.. His sale prices were between $28.89 and $34.8, with an estimated average price of $31.82.Mindray Medical International Limited is a developer, manufacturer and marketer of medical devices in China with a significant and growing presence worldwide. Mindray Medical International Ltd. has a market cap of $2.76 billion; its shares were traded at around $36.49 with a P/E ratio of 31.2 and P/S ratio of 5. The dividend yield of Mindray Medical International Ltd. stocks is 0.5%.
Sold Out: Fomento Economico Mexicano S.a.b. De C.v (FMX)
Steve Mandel sold out his holdings in Fomento Economico Mexicano S.a.b. De C.v. His sale prices were between $42.65 and $49, with an estimated average price of $45.62.FOMENTO ECO-ADR is Latin America's largest beverage company, exporting to the United States, Canada, and select countries in Europe, Asia, and Latin America. Fomento Economico Mexicano S.a.b. De C.v has a market cap of $14.99 billion; its shares were traded at around $41.9 with a P/E ratio of 31.7 and P/S ratio of 1.3. The dividend yield of Fomento Economico Mexicano S.a.b. De C.v stocks is 0.9%. Fomento Economico Mexicano S.a.b. De C.v had an annual average earning growth of 46.5% over the past 10 years. GuruFocus rated Fomento Economico Mexicano S.a.b. De C.v the business predictability rank of 2-star.
Sold Out: Mastercard Inc. (MA)
Steve Mandel sold out his holdings in Mastercard Inc.. His sale prices were between $199.69 and $258.36, with an estimated average price of $234.3.MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. Mastercard Inc. has a market cap of $29.17 billion; its shares were traded at around $224.83 with a P/E ratio of 19.8 and P/S ratio of 5.7. The dividend yield of Mastercard Inc. stocks is 0.3%.
Sold Out: The Cocacola Company (KO)
Steve Mandel sold out his holdings in The Cocacola Company. His sale prices were between $53.12 and $59.11, with an estimated average price of $56.15.The Coca-Cola Company is the world's largest beverage company and is the producer and marketer of soft drinks. The Cocacola Company has a market cap of $128.21 billion; its shares were traded at around $55.33 with a P/E ratio of 18.2 and P/S ratio of 4.1. The dividend yield of The Cocacola Company stocks is 3%. The Cocacola Company had an annual average earning growth of 5.3% over the past 10 years. GuruFocus rated The Cocacola Company the business predictability rank of 2.5-star.
Sold Out: Coach Inc. (COH)
Steve Mandel sold out his holdings in Coach Inc.. His sale prices were between $31.08 and $37.17, with an estimated average price of $34.89.Coach Inc. is a designer, producer and marketer of high-quality, modern, American classic accessories that complement the diverse lifestyles of discerning women and men. Coach Inc. has a market cap of $11.5 billion; its shares were traded at around $36.05 with a P/E ratio of 18.1 and P/S ratio of 3.6. The dividend yield of Coach Inc. stocks is 0.8%. Coach Inc. had an annual average earning growth of 29.3% over the past 5 years.
