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Tiziano Frateschi
Tiziano Frateschi
Articles (2513)  | Author's Website |

Diamond Hill Continues to Buy Baidu, Deere

Firm’s largest buys of the last 2 quarters

Independent investment management firm Diamond Hill Capital (Trades, Portfolio) bought shares of the following stocks in both the second and third quarters.

Baidu Inc. (NASDAQ:BIDU)

The firm increased its position by 52.32% in the second quarter and then raised it by 31.86% in the third quarter. The stock has a weight of 0.01% in the portfolio.

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The Chinese search engine has a market cap of $38.30 billion. Its revenue of $15.47 billion has grown at an average rate of 20.90% per annum over the last five years.

Dodge & Cox is the largest guru shareholder of the company with 2.37% of outstanding shares, followed by Sarah Ketterer (Trades, Portfolio) with 1.52% and David Herro (Trades, Portfolio) with 1.01%.

Deere & Co. (NYSE:DE)

The firm increased its holding by 51.11% in the second quarter and added 20.64% in the third quarter. The stock has a weight of 0.02% in the portfolio.

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The company, which produces agricultural, turf, construction and forestry machinery, has a market cap of $56.39 billion. Its revenue of $12.19 billion has grown at an average annual rate of 1.50% over the last five years.

The company's largest guru shareholder is First Eagle Investment (Trades, Portfolio) with 1.51% of outstanding shares, followed by Al Gore (Trades, Portfolio) with 1.50% and PRIMECAP Management (Trades, Portfolio) with 0.79%.

Fastenal Co. (NASDAQ:FAST)

Diamond Hill boosted its holding by 76.08% in the second quarter and by 32.06% in the third quarter. The stock has a total weight of 0.01% in the portfolio.

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The company, which operates in the Industrial Distribution industry, has a market cap of $21.39 billion. Its revenue of $5.28 billion has grown 8.30% on average every year over the last five years.

Mairs and Power (Trades, Portfolio) is the largest guru shareholder of the company with 0.89% of outstanding shares, followed by David Rolfe (Trades, Portfolio) with 0.34%, Pioneer Investments (Trades, Portfolio) with 0.27% and Ron Baron (Trades, Portfolio) with 0.17%.

KKR & Co. Inc. (NYSE:KKR)

In the second quarter, the firm increased its stake by 50.43% and then raised it by 23.92% in the third quarter. The stock has a weight of 1.28% in the portfolio.

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The company, which operates in the asset management industry, has a market cap of $24.43 billion. Its revenue of $2.97 billion has grown 19.30% on average every year over the last five years.

The largest guru shareholder of the company is Jeff Ubben (Trades, Portfolio)’s ValueAct with 6.02% of outstanding shares, followed by Chuck Akre (Trades, Portfolio) with 1.51% and Richard Pzena (Trades, Portfolio) with 1.01%.

Seaboard Corp. (SEB)

The firm bolstered its position by 12.5% in the second quarter and by 51.85% in the third quarter.

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The company, which operates in the food production and transportation businesses, has a market cap of $4.96 billion. Its revenue of $6.69 billion has fallen at an average annual rate of 0.90% over the last five years.

The largest guru shareholder of the company is Kahn Brothers (Trades, Portfolio) with 1.14% of outstanding shares, followed by Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.60% and Third Avenue Management (Trades, Portfolio) with 0.15%.

SVB Financial Group (NASDAQ:SIVB)

In the second quarter, the firm increased its position by 2.15% and then boosted it by 75.94% in the third quarter. The stock has a weight of 0.46% in the portfolio.

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The loans and ancillary financial services provider has a market cap of $12.27 billion. Its revenue of $3.12 billion has grown 10.0% on average every year over the last five years.

The largest guru shareholder of the company is Ken Fisher (Trades, Portfolio) with 1.95% of outstanding shares, followed by Pioneer Investments with 0.97% and Louis Moore Bacon (Trades, Portfolio) with 0.10%.

WESCO International Inc. (NYSE:WCC)

Diamond Hill boosted its position by 6,102.83% in the second quarter and by 138.16% in the third quarter. The stock has a weight of 0.33% in the portfolio.

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The company, which operates in the industrial distribution industry, has a market cap of $2.23 billion. Its revenue of $8.27 billion has grown at an average annual rate of 3.50% over the last five years.

Another notable guru shareholder of the company is Simons’ firm with 0.97% of outstanding shares, followed by Robert Olstein (Trades, Portfolio) with 0.38%, Bernard Horn (Trades, Portfolio) with 0.24% and Hotchkis & Wiley with 0.19%.

Zynga Inc. (NASDAQ:ZNGA)

In the second quarter, the firm boosted its holding by 176.74% and added 8% in the third quarter.

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The company, which develops games, has a market cap of $5.91 billion. Its revenue of $1.16 billion has grown 0.70% on average every year over the last five years.

The largest guru shareholder of the company is Simons’ firm with 2.06% of outstanding shares, followed by Steven Cohen (Trades, Portfolio) with 0.16% and Paul Tudor Jones (Trades, Portfolio) with 0.09%.

Disclosure: I do not own any stocks mentioned.

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About the author:

Tiziano Frateschi
You can read about me on www.theextraincome.info, which gives suggestions on position trading.

Visit Tiziano Frateschi's Website


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