Top 5 New Buys of GMO's Jeremy Grantham

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Jeremy Grantham ( Trades , Portfolio ) is one of the founders of GMO, a firm that invests according to a conservative, value-oriented philosophy. As of Sept. 30, 2013, GMO oversees $112 billion in client assets. Its U.S. Equity fund returned 10.80% since inception in 1989, against its blended benchmark's 10.24%.

In the first quarter, GMO purchased 76 new stocks, for a total of 558 holdings, and 12% portfolio. The portfolio is valued at $38.3 billion.

The Top New Stocks

Xilinx Inc. ( XLNX )



GMO bought as its largest new position 1,081,003 shares of Xilinx Inc., for a 0.15% portfolio position. The company's share price averaged $50 in the first quarter.

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Xilinx Inc. was founded and incorporated in California in February 1984. Xilinx Inc has a market cap of $12.28 billion; its shares were traded at around $46.00 with a P/E ratio of 21.30 and P/S ratio of 5.80. The dividend yield of Xilinx Inc. stocks is 2.20%. Xilinx Inc. had an annual average earnings growth of 11.70% over the past 10 years. GuruFocus rated Xilinx Inc. the business predictability rank of 3.5-star.

NetApp Inc. ( NTAP )

GMO bought 1,282,239 shares of NetApp Inc., a 0.12% portfolio weight. The stock's price averaged $40 in the quarter.

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NetApp Inc. was incorporated in California in April 1992. NetApp Inc. has a market cap of $11.48 billion; its shares were traded at around $34.66 with a P/E ratio of 19.90 and P/S ratio of 1.90. The dividend yield of NetApp Inc. stocks is 1.70%. NetApp Inc. had an annual average earnings growth of 17.80% over the past 10 years. GuruFocus rated Netapp Inc. the business predictability rank of 4-star.

Time Warner Cable Inc. ( TWC )

GMO purchased 257,700 shares of Time Warner Cable, a 0.092% portfolio weight. The stock's price averaged $137 per share in the first quarter.

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Time Warner Cable Inc. was incorporated as a Delaware corporation on March 21, 2003. Time Warner Cable Inc. has a market cap of $37.65 billion; its shares were traded at around $135.12 with a P/E ratio of 19.30 and P/S ratio of 1.80. The dividend yield of Time Warner Cable Inc. stocks is 2.00%. Time Warner Cable Inc. had an annual average earnings growth of 12.20% over the past five years.

Honeywell International Inc. ( HON )

GMO purchased 355,002 shares of Honeywell International Inc., giving it a 0.86% portfolio weight. The share price averaged $92 during the quarter.

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Honeywell International Inc. was incorporated in Delaware in 1985. Honeywell International Inc. has a market cap of $72.82 billion; its shares were traded at around $92.99 with a P/E ratio of 18.60 and P/S ratio of 1.90. The dividend yield of Honeywell International Inc. stocks is 1.80%. Honeywell International Inc. had an annual average earnings growth of 7.40% over the past 10 years.

Rockwell Automation Inc. ( ROK )

GMO acquired 189,600 shares of Rockwell Automation Inc. in the first quarter, for a 0.062% portfolio weight. The share price average was $119 in the quarter.

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Rockwell Automation Inc. was incorporated in Delaware in 1996. Rockwell Automation Inc. has a market cap of $16.59 billion; its shares were traded at around $119.82 with a P/E ratio of 21.30 and P/S ratio of 2.60. The dividend yield of Rockwell Automation Inc. stocks is 1.90%. Rockwell Automation Inc. had an annual average earnings growth of 9.30% over the past 10 years. GuruFocus rated Rockwell Automation Inc. the business predictability rank of 3-star.



More Jeremy Grantham (Trades, Portfolio) stocks are available in his portfolio here. Not a Premium Member of GuruFocus? Try it free for 7 days here ! 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 .

This article first appeared on GuruFocus .



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 , Stocks

Referenced Stocks: NTAP , TWC , HON , ROK , XLNX

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