James Barrow
, the manager of Vanguard Windsor II and Selected Value Funds
reported his second quarter portfolio. As usual, his portfolio
has extremely low turnovers. As of 03/31/2012, Barrow, Hanley,
Mewhinney & Strauss owns 158 stocks with a total value of
$50.8 billion.
James Barrow
has built excellent track record over the past decade. His
Vanguard Select Value Fund outperformed the S&P 500 eight out
of last ten years with a cumulative gain of 104%, while the
S&P500 gained 34.9%.
James Barrow
did initiate a few small positions in the first quarter. He Buys
Embraer Air, Target Corp, Berry Petroleum, Sells Hewlett Packard,
RSC Holdings, Exco Resources. These are the complete list:
- New Purchases:
BRY
,
STJ
,
DUF
,
SCHW
,
CA
,
- Added Positions:
ERJ
,
TGT
,
TEVA
,
- Reduced Positions:
HPQ
,
WU
,
- Sold Out:
XCO
,
FII
,
GR
,
For the details of
James Barrow
's stock buys and sells, go to
http://www.gurufocus.com/StockBuy.php?GuruName=James+Barrow
This is the sector weightings of his portfolio:
|
Financials
|
22.4% |
|
Industrials
|
14.9% |
|
Health Care
|
13.9% |
|
Consumer Goods
|
13.5% |
|
Oil & Gas
|
9% |
|
Technology
|
8.4% |
|
Utilities
|
8.1% |
|
Consumer Services
|
4.8% |
|
Telecom
|
4.4% |
|
Basic Materials
|
0.7% |
These are the top 5 holdings of James Barrow
- Philip Morris (
PM
) - 21,916,982 shares, 3.8% of the total portfolio. Shares
reduced by 0.8%
- Conocophillips (
COP
) - 21,148,949 shares, 3.2% of the total portfolio. Shares
reduced by 1.26%
- Amer Express Co (
AXP
) - 25,849,291 shares, 2.9% of the total portfolio. Shares
reduced by 1.41%
- Intl Bus Mach (
IBM
) - 6,831,828 shares, 2.8% of the total portfolio. Shares
reduced by 1.95%
- Microsoft Corp (
MSFT
) - 42,848,592 shares, 2.7% of the total portfolio. Shares
reduced by 1.51%
New Purchase: Berry Petroleum (
BRY
)
James Barrow initiated holdings in Berry Petroleum. His purchase
prices were between $43.28 and $55.74, with an estimated average
price of $45.3. The impact to his portfolio due to this purchase
was 0.08%. His holdings were 843,200 shares as of 03/31/2012.
New Purchase: St Jude Medical (
STJ
)
James Barrow initiated holdings in St Jude Medical. His purchase
prices were between $34.52 and $44.54, with an estimated average
price of $38.62. The impact to his portfolio due to this purchase
was 0.04%. His holdings were 403,300 shares as of 03/31/2012.
New Purchase: Duff&Phelps CP (
DUF
)
James Barrow initiated holdings in Duff&phelps Cp. His
purchase prices were between $13.75 and $15.97, with an estimated
average price of $14.23. The impact to his portfolio due to this
purchase was 0.03%. His holdings were 1,113,409 shares as of
03/31/2012.
New Purchase: Schwab(chas) (
SCHW
)
James Barrow initiated holdings in Schwab(chas). His purchase
prices were between $11.61 and $15.38, with an estimated average
price of $12.37. The impact to his portfolio due to this purchase
was 0.03%. His holdings were 1,157,900 shares as of 03/31/2012.
New Purchase: Ca Inc (
CA
)
James Barrow initiated holdings in Ca Inc. His purchase prices
were between $20.16 and $27.9, with an estimated average price of
$23.7. The impact to his portfolio due to this purchase was
0.01%. His holdings were 161,700 shares as of 03/31/2012.
Here is the complete portfolio of James Barrow. Also check out
the Undervalued Stocks, Top Growth Companies, and High Yield
stocks of James Barrow.About GuruFocus: GuruFocus.com tracks the
stocks picks and portfolio holdings of the world's best
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.