FPA Capital Buys Noble Energy Inc, Cision, Arrow Electronics Inc, Sells Cimarex Energy Co, Western Digital Corp, MKS Instruments Inc

• Added Positions: NBL, CISN, ARW, CAKE, IDCC, DAN, GPK,
• Reduced Positions: WDC, MKSI, VMI, R, AGCO, AVT, AMBA, FI, GNTX, ALGT, CFFN, ISBC, FHB, MGLN, CRI, MTN,
• Sold Out: XEC,

For the details of FPA Capital Fund's stock buys and sells, go to https://www.gurufocus.com/guru/fpa+capital+fund/current-portfolio/portfolio

1. Noble Energy Inc (NBL) - 512,086 shares, 8.51% of the total portfolio. Shares added by 34.46%
2. InterDigital Inc (IDCC) - 217,065 shares, 8.43% of the total portfolio. Shares added by 14.83%
3. Allegiant Travel Co (ALGT) - 71,341 shares, 7.90% of the total portfolio. Shares reduced by 11.75%
4. Investors Bancorp Inc (ISBC) - 780,928 shares, 6.57% of the total portfolio. Shares reduced by 11.1%
5. Capitol Federal Financial Inc (CFFN) - 533,350 shares, 5.44% of the total portfolio. Shares reduced by 14.76%

FPA Capital added to a holding in Noble Energy Inc by 34.46%. The purchase prices were between $20.49 and $25.23, with an estimated average price of $22.28. The stock is now traded at around $20.44. The impact to a portfolio due to this purchase was 2.18%. The holding were 512,086 shares as of .

FPA Capital added to a holding in Cision Ltd by 133.20%. The purchase prices were between $6.21 and $11.4, with an estimated average price of $8.62. The stock is now traded at around $8.26. The impact to a portfolio due to this purchase was 1.69%. The holding were 520,424 shares as of .

FPA Capital added to a holding in Arrow Electronics Inc by 54.20%. The purchase prices were between $66.04 and $77.36, with an estimated average price of $70.69. The stock is now traded at around $73.89. The impact to a portfolio due to this purchase was 1.66%. The holding were 85,726 shares as of .

FPA Capital added to a holding in Cheesecake Factory Inc by 35.49%. The purchase prices were between $35.9 and $44.58, with an estimated average price of $41.12. The stock is now traded at around $37.95. The impact to a portfolio due to this purchase was 1.27%. The holding were 156,885 shares as of .

FPA Capital sold out a holding in Cimarex Energy Co. The sale prices were between $37.63 and $60.05, with an estimated average price of $47.44.

FPA Capital reduced to a holding in Western Digital Corp by 54.97%. The sale prices were between $47.94 and $64.7, with an estimated average price of $56.35. The stock is now traded at around $59.28. The impact to a portfolio due to this sale was -2.89%. FPA Capital still held 84,327 shares as of .

FPA Capital reduced to a holding in MKS Instruments Inc by 46.21%. The sale prices were between $72.95 and $95.17, with an estimated average price of $82.47. The stock is now traded at around $92.36. The impact to a portfolio due to this sale was -2.07%. FPA Capital still held 52,445 shares as of .

FPA Capital reduced to a holding in Valmont Industries Inc by 61.4%. The sale prices were between $125.86 and $146, with an estimated average price of $134.15. The stock is now traded at around $134.58. The impact to a portfolio due to this sale was -2.05%. FPA Capital still held 17,181 shares as of .

FPA Capital reduced to a holding in Ryder System Inc by 48.54%. The sale prices were between $45.12 and $60.09, with an estimated average price of $52.23. The stock is now traded at around $49.81. The impact to a portfolio due to this sale was -1.63%. FPA Capital still held 50,024 shares as of .

FPA Capital reduced to a holding in AGCO Corp by 44.84%. The sale prices were between $64.14 and $80.21, with an estimated average price of $73.47. The stock is now traded at around $73.13. The impact to a portfolio due to this sale was -1.52%. FPA Capital still held 40,877 shares as of .

FPA Capital reduced to a holding in Avnet Inc by 35.34%. The sale prices were between $39.32 and $45.84, with an estimated average price of $43.22. The stock is now traded at around $40.48. The impact to a portfolio due to this sale was -1.42%. FPA Capital still held 96,826 shares as of .