Delphi Management, Inc. Buys Fortune Brands Home & Security Inc, Masco Corp, SVB Financial Group, Sells Amdocs, The E W Scripps Co, Gray Television Inc

• New Purchases: FBHS, MAS, SIVB, TEX, SANM, MLHR, HUBB, MTZ, CLR, RTN, KEM, WCC, KMT, SSNC, SRCI,
• Added Positions: CSCO, RDS.A, CNBKA, CAC, BMY, PH, KLAC, AYI, CVTI, HBAN,
• Reduced Positions: SSP, GTN, BRK.B, STOR, DHI, INTC, MHO, CMCSA, ARW, ON, RCL, CB, RE, STAG, RHHBY, ACRE, AMCX, DIS, ABBV, BXMT, ARCC, JPM, USB, HTGC, WFC, TSN, SNX, AAPL, ST, TPVG, EQNR, WH, CBS, CE, LRCX, LH, GS, PKG, NUE, KNL, FDX, LYB, MS, MGA, AXE, CCL, MUR, OSK, PVH, BWA, ICHR, ACM, GPOR, HOFT, LMT, WNC, SBGI, DLX, TEN, SWKS,
• Sold Out: DOX, BAESY, COHU, PFG, TOWR, WLL, TSEM, MBIN, UCTT,

For the details of Scott Black's stock buys and sells, go to https://www.gurufocus.com/guru/scott+black/current-portfolio/portfolio

1. Berkshire Hathaway Inc (BRK.B) - 15,718 shares, 2.93% of the total portfolio. Shares reduced by 20.45%
2. Ares Commercial Real Estate Corp (ACRE) - 127,412 shares, 1.79% of the total portfolio. Shares reduced by 20.5%
3. Ares Capital Corp (ARCC) - 102,673 shares, 1.63% of the total portfolio. Shares reduced by 19.79%
4. Blackstone Mortgage Trust Inc (BXMT) - 50,742 shares, 1.62% of the total portfolio. Shares reduced by 19.58%
5. STORE Capital Corp (STOR) - 52,250 shares, 1.62% of the total portfolio. Shares reduced by 33.32%

Delphi Management, Inc. initiated holding in Fortune Brands Home & Security Inc. The purchase prices were between $37.66 and $48.65, with an estimated average price of $44.82. The stock is now traded at around $52.22. The impact to a portfolio due to this purchase was 1.32%. The holding were 29,945 shares as of .

Delphi Management, Inc. initiated holding in Masco Corp. The purchase prices were between $29.07 and $40, with an estimated average price of $35.54. The stock is now traded at around $37.00. The impact to a portfolio due to this purchase was 1.28%. The holding were 35,085 shares as of .

Delphi Management, Inc. initiated holding in SVB Financial Group. The purchase prices were between $189.64 and $250.81, with an estimated average price of $232.36. The stock is now traded at around $232.05. The impact to a portfolio due to this purchase was 1.22%. The holding were 5,933 shares as of .

Delphi Management, Inc. initiated holding in Terex Corp. The purchase prices were between $26.88 and $35.93, with an estimated average price of $31.65. The stock is now traded at around $28.78. The impact to a portfolio due to this purchase was 1.07%. The holding were 35,939 shares as of .

Delphi Management, Inc. initiated holding in Sanmina Corp. The purchase prices were between $23.25 and $32.89, with an estimated average price of $29.38. The stock is now traded at around $30.81. The impact to a portfolio due to this purchase was 0.93%. The holding were 34,822 shares as of .

Delphi Management, Inc. initiated holding in Herman Miller Inc. The purchase prices were between $30.21 and $37.25, with an estimated average price of $34.82. The stock is now traded at around $37.12. The impact to a portfolio due to this purchase was 0.81%. The holding were 24,884 shares as of .

Delphi Management, Inc. added to a holding in Cisco Systems Inc by 187.85%. The purchase prices were between $41.07 and $53.99, with an estimated average price of $48.46. The stock is now traded at around $51.37. The impact to a portfolio due to this purchase was 1.01%. The holding were 30,800 shares as of .

Delphi Management, Inc. added to a holding in Royal Dutch Shell PLC by 120.04%. The purchase prices were between $58.27 and $64.48, with an estimated average price of $61.77. The stock is now traded at around $63.46. The impact to a portfolio due to this purchase was 0.74%. The holding were 23,445 shares as of .

Delphi Management, Inc. added to a holding in Century Bancorp Inc by 20.16%. The purchase prices were between $67.73 and $78.3, with an estimated average price of $75.62. The stock is now traded at around $91.87. The impact to a portfolio due to this purchase was 0.15%. The holding were 12,989 shares as of .

Delphi Management, Inc. added to a holding in Camden National Corp by 37.08%. The purchase prices were between $35.94 and $45.72, with an estimated average price of $41.65. The stock is now traded at around $44.63. The impact to a portfolio due to this purchase was 0.09%. The holding were 8,299 shares as of .

Delphi Management, Inc. sold out a holding in Amdocs Ltd. The sale prices were between $53.79 and $60.81, with an estimated average price of $56.32.

Delphi Management, Inc. sold out a holding in BAE Systems PLC. The sale prices were between $23.42 and $27.56, with an estimated average price of $25.92.

Delphi Management, Inc. sold out a holding in Cohu Inc. The sale prices were between $14.4 and $18.83, with an estimated average price of $17.06.

Delphi Management, Inc. sold out a holding in Principal Financial Group Inc. The sale prices were between $43.39 and $53.09, with an estimated average price of $49.51.

Delphi Management, Inc. sold out a holding in Tower International Inc. The sale prices were between $20.68 and $29.62, with an estimated average price of $25.72.

Delphi Management, Inc. sold out a holding in Whiting Petroleum Corp. The sale prices were between $22.54 and $30.07, with an estimated average price of $26.89.

Delphi Management, Inc. reduced to a holding in The E W Scripps Co by 55.87%. The sale prices were between $15.73 and $23.11, with an estimated average price of $19.78. The stock is now traded at around $17.60. The impact to a portfolio due to this sale was -1.08%. Delphi Management, Inc. still held 60,039 shares as of .

Delphi Management, Inc. reduced to a holding in Gray Television Inc by 54.67%. The sale prices were between $14.53 and $23.18, with an estimated average price of $18.54. The stock is now traded at around $19.10. The impact to a portfolio due to this sale was -0.98%. Delphi Management, Inc. still held 61,162 shares as of .

Delphi Management, Inc. reduced to a holding in Berkshire Hathaway Inc by 20.45%. The sale prices were between $191.66 and $209.19, with an estimated average price of $201.99. The stock is now traded at around $204.79. The impact to a portfolio due to this sale was -0.75%. Delphi Management, Inc. still held 15,718 shares as of .

Delphi Management, Inc. reduced to a holding in STORE Capital Corp by 33.32%. The sale prices were between $27.46 and $33.97, with an estimated average price of $31.47. The stock is now traded at around $33.77. The impact to a portfolio due to this sale was -0.67%. Delphi Management, Inc. still held 52,250 shares as of .

Delphi Management, Inc. reduced to a holding in D.R. Horton Inc by 39.93%. The sale prices were between $34.66 and $42.54, with an estimated average price of $39.07. The stock is now traded at around $43.00. The impact to a portfolio due to this sale was -0.65%. Delphi Management, Inc. still held 31,030 shares as of .

Delphi Management, Inc. reduced to a holding in Intel Corp by 31.63%. The sale prices were between $44.49 and $54.64, with an estimated average price of $50.66. The stock is now traded at around $44.99. The impact to a portfolio due to this sale was -0.59%. Delphi Management, Inc. still held 30,004 shares as of .