S&P 500 Grid
is a GuruFocus
feature that lists all the companies on the S&P 500 and
allows users to categorize by which are owned, bought and sold by
Gurus. According to the screener, the S&P 500 stocks the most
Gurus bought during the second quarter are: Apple (
), Phillips 66 (
), Oracle (
), Google (
) and Newmont Mining (
In the second quarter, eleven Gurus added to their holdings of
Apple and two initiated two positions in the stock. Of these,
has the most conviction on the stock: He owns 3,544,393 shares,
which is 9.4% of his portfolio. Apple is also a 16.4% weighting
Apple Computer Inc. designs, manufactures and markets personal
computers and related personal computing and communicating
solutions for sale primarily to education, creative, consumer and
Apple Inc. has a market cap of $622.04 billion; its shares were
traded at around $659.59 with a P/E ratio of 15.6 and P/S ratio
of 5.8. The dividend yield of Apple Inc. stocks is 0.4%. Apple
Inc. had an annual average earnings growth of 63.5% over the past
Daniel Loeb, David Einhorn and Baron Funds each commented on
their Apple purchases in their respective first-quarter letters.
Michael Lippert of Baron Funds said:
Phillips 66 (
Shares of Apple Inc. (
) gained sharply following the January release of its strong
fourth-quarter results. Apple's revenue grew 73% to over $46
billion, beating its own guidance by over $9 billion, and its
earnings more than doubled year over year. The story of Apple's
quarter was the iPhone, which sold 37 million units, more than
twice the prior quarter's sales numbers. The iPad was also
strong, selling over 15 million units, up over 100% from the
prior year. The quarter ended with Apple's release of the 3rd
generation iPad, which sold more than three million units over
its launch weekend.
Fifteen Gurus bought Phillips 66 in the second quarter. Most of
them likely received the stock through the spin-off of the
company from ConocoPhillips in the second quarter. Owners of
) received one share of Phillips 66 common stock for every two
shares of ConocoPhillips common stock they held. After the
separation, COP retained no ownership in Phillips 66 and became
an independent exploration & production company.
Phillips 66 is a downstream energy company. It operates in three
segments: Refining & Marketing, Midstream and Chemicals.
Phillips 66 has a market cap of $26.26 billion; its shares were
traded at around $45.66 with a P/E ratio of 5.9 and P/S ratio of
0.1. The dividend yield of Phillips 66 stocks is 1.9%.
Thirteen Gurus added to their holdings of Oracle, and two
initiated new positions in the stock in the second quarter. Of
these, Jeremy Grantham had the most shares, with 52,901,908,
which is 4.8% of his portfolio, and Seth Klarman has made the
stock 12.2% of his portfolio, equating to 15,800,000 shares.
Oracle Corporation is one of the world's suppliers of software
for information management. Oracle Corporation has a market cap
of $154.53 billion; its shares were traded at around $32.31 with
a P/E ratio of 13.5 and P/S ratio of 4.2. The dividend yield of
Oracle Corporation stocks is 0.8%. Oracle Corporation had an
annual average earnings growth of 18.1% over the past 10 years.
GuruFocus rated Oracle Corporation the business predictability
rank of 5-star.
In the second quarter, Oracle reported record software license
sales, total software revenue, total revenue and earnings per
share. It also had record-high operating margins of 46% and
operating cash flow of $13.7 billion. A key element of enlarging
its software business going forward is continued development of
the Oracle Cloud, along with engineered systems, which have
almost reached revenue parity.
Seven Gurus increased their positions in Google, and four
established new positions in the company in the second quarter.
Of these, Chris Davis has the largest holding, with 2,816,233
shares, a 3.8% weighting in his portfolio. Robert Karr has the
largest weighting at 28.3% of his portfolio, or 250,676 shares.
Google search services company. Google Inc. has a market cap of
$224.05 billion; its shares were traded at around $692.25 with a
P/E ratio of 20.1 and P/S ratio of 5.9. Google Inc. had an annual
average earnings growth of 51.9% over the past 10 years.
GuruFocus rated Google Inc. the business predictability rank of
Baron Funds' Ashim Mehra commented on Google in the firm's first
Newmont Mining (
Google Inc. (
), which was the single largest contributor to performance last
quarter declined less than 1% in the first quarter. Google is a
global leader in online search and advertising. Shares of Google
underperformed when the company's mobile search capabilities
generated less revenue than anticipated and fourth-quarter
results came in below expectations. We believe, while an
important opportunity for future growth, mobile is largely
incremental to Google's core search business, which continues to
be healthy.We continue to be positive on Google's long-term
prospects and find the current valuation especially attractive
relative to the company's existing opportunity set.
Three Gurus added to their holdings of Newmont Mining, and two
initiated new positions in the company in the second quarter. Of
these Primecap Management has the largest position at 1,604,700
shares or 0.13% of its total assets managed. John Hussman has the
largest weighting, at 1.4% of his portfolio, or 1,571,200 shares.
Newmont Mining Corp. is engaged in the production of gold, the
exploration for gold and the acquisition and development of gold
properties worldwide. It is the world's second-largest gold
Newmont Mining Corp. has a market cap of $24.87 billion; its
shares were traded at around $52.005 with a P/E ratio of 12.1 and
P/S ratio of 2.4. The dividend yield of Newmont Mining Corp.
stocks is 2.8%. Newmont Mining Corp. had an annual average
earnings growth of 12.7% over the past 10 years. GuruFocus rated
Newmont Mining Corp. the business predictability rank of 4-star.
Newmont Mining's stock has slipped 13%. In its second quarter, it
faced short-term lower production due to annual mill maintenance
in Nevada and copper production from Batu Hijau in Indonesia as
it continued other planned waste removal procedures there.
On Tuesday, Newmont CEO Richard O'Brien said at the Denver Gold
Forum he believed gold could hit $2,000 per ounce, according to
Reuters. The price has currently soared to six-month highs over
$1,700 per ounce. Higher gold prices benefit Newmont
shareholders, as its dividend is tied to the price of gold.
Newmont has the highest dividend yield in the industry.About
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