John Burbank's Top Five Increases of the First Quarter

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Guru John Burbank made his big jump to recognition in the investing world by being one of the prescient investors who profited from the collapse of the housing bubble. In an interview on CNBC earlier this month, Burbank made the claim that he believes that the trend towards defensive and dividend paying stocks is going to last for a minimum of three more years. He also claims that investors are focused on safety and that won't change soon. Burbank believes that investors should own primarily high-quality U.S. companies.

During the first quarter, Burbank added 44 new companies resulting in a portfolio consisting of 121 stocks valued at over $2.5 billion. The following five stocks are the five companies that Burbank increased his holdings in the most.



1. Splunk Inc. ( SPLK )

John Burbank increased his holdings in Splunk from 11,000 shares to 1,095,078 shares in the first quarter of 2013. Burbank bought 1,084,078 shares, representing a 9855.25% increase in his holdings on the company. He purchased the shares at an average price of $34.97per share. Since his buy the price has increased 28.9% from his average purchase price.



Burbank now owns 1,095,078 shares, representing 1.7% of the $2.51 billion portfolio of Passport Capital.

Click here for the Holding History of other gurus

Splunk Enterprise is a platform for machine data. It is an easy to use, fast and resilient way to collect, analyze and secure the massive streams of machine data generated by IT systems and technology infrastructure. The company collects and indexes any machine-generated data from virtually any source, format or location in real time.

Splunk has a market cap of $4.61 billion; its shares were traded at around $44.62 with a P/S ratio of 18.00.

2. Rockwell Collins ( COL )

Burbank added 577,233 shares at an average price of $60.26 per share of Rockwell Collins to his stake during the first quarter. This add represents a 635.02% increase to his holdings on the company. Since his buy, the price per share of Rockwell Collins has increased 10.3% from his average purchase price.



Burbank currently holds on to 668,133 shares of Rockwell Collins, representing 1.7% of his total portfolio.

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Rockwell Collins develops and deploys innovative communication and aviation electronic solutions for both commercial and government applications. The company's expertise lies in flight deck avionics, cabin electronics, mission communications, information management, simulation and training. Their products and services can be found in 27 countries.

Rockwell Collins has a market cap of $8.96 billion; its shares were traded at around $66.17 with a P/E ratio of 15.40 and P/S ratio of 2.00. The dividend yield of Rockwell Collins stocks is 1.80%. The company had an annual average earnings growth of 16.2% over the past ten years.

3. Solazyme ( SZYM )

Burbank increased his holdings in Solazyme by 443.37% during the first quarter. Burbank bought 778,113 shares at an average price of $8.28%. Since this increase, the price per share has jumped 38.5%.



The guru now owns 953,613 shares of Solazyme which make up 0.3% of his total portfolio.

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Solazyme is a renewable oil and bioproducts company that transforms a range of low-cost plant-based sugars into high-value oils. Solazyme's renewable products can replace or enhance oils derived from the world's three existing sources-petroleum, plants and animal fats. The company focuses on commercializing its products into three target markets: chemicals and fuels, nutrition and skin and personal care.

Solazyme has a market cap of $672.4 million; its shares were traded at around $11.29 with a P/S ratio of 18.40.

4. Sempra Energy ( SRE )

John Burbank bought 66,767 shares of Sempra Energy during the first quarter, representing a 310.12% increase in his holdings on the company. Burbank purchased the shares at an average price of $76.06 per share. Since this buy the price of Sempra has increased 6.2%.



Burbank now owns 88,176 shares of Sempra Energy, representing 0.28% of his total portfolio.

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Sempra Energy is an energy services holding company which provides electric, natural gas and other energy products and services to its customers. It has five separately managed reportable segments consisting of San Diego Gas & Electric, Southern California Gas Co., Sempra Commodities, Sempra Generation and Sempra Pipelines & Storage.

Sempra Energy has a market cap of $19.86 billion; its shares were traded at around $80.95 with a P/E ratio of 25.00 and a P/S ratio of 2.00. The dividend yield of Sempra Energy stocks is 3.00%. The company had an annual average earnings growth of 4% over the past ten years.

5. General Electric ( GE )

Burbank increased his holdings on General Electric by 300% during the first quarter. The guru bought 150,000 shares at an average price of $22.63 per share. Since this buy the price per share has increased 3.8%.



Burbank holds 200,000 shares of GE, representing 0.18% of Passport Capita's current portfolio.

General Electric ( GE ) is a technology, media and financial services company. The company provides products and services ranging from aircraft engines, power generation, water processing, and security technology to medical imaging, business and consumer financing, media content and industrial products. The operating businesses of the company include Energy Infrastructure, NBC Universal, Technology Infrastructure, Capital Finance and Consumer & Industrial.

GE's first quarter earnings reported operating earnings of $4.1 billion or $0.39 per share, up 14% and 15% respectively from the first quarter of 2012. Also this quarter marks the twelfth consecutive quarter of strong operating earnings growth.

General Electric has a market cap of $244.23 billion; its shares were traded at around $23.49 with a P/E ratio of 16.40 and P/S ratio of 1.70. The dividend yield of General Electric is 3.10%.

Click here for John Burbank's current portfolio. Also check out his Undervalued Stocks, Top Growth Companies and High Yielding Stocks.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: COL , GE , SPLK , SRE , SZYM

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