The stocks bought by
, co-founder and CEO of Viking Global Investors, averaged a return
of 23.28% over 12 months, according to the
GuruFocus Score Board of Gurus
's recently updated portfolio shows 59 stocks, 24 of them new, with
a total value of $18.11 billion and a quarter-over-quarter turnover
of 33%. The hedge fund portfolio is currently weighted with the
consumer cyclical sector at 26.4%, healthcare at 21.9% and
financial services at 17.6%.
Viking Global Investors traded heavily in the third quarter,
decreasing or selling 43 companies.
Here are the portfolio's four high-impact sells, as of Sept. 30,
2013, starting with Boeing Co., the aerospace and defense
contractor. Expanding its pilot training business in Korea, Boeing
Co. initiated a project with Korean Air and Incheon, a city in
South Korea, for the construction of a new aviation training
facility in Incheon's Free Economic Zone. Supporting Korean Air's
flight training needs, the facility and campus will be operational
Read about Boeing's move to Chicago
SOLD OUT: Boeing Co. (
Impact to Portfolio: -4.6%
Up 82% over 12 months, Boeing Co. has a market cap of $101.24
billion; its shares currently trade at around $134.72 with a P/E
ratio of 24.00. The dividend yield is 1.40%.
Originally incorporated in 1916, Boeing Co. is an aerospace and
defense company, engaged in the design, development, manufacture,
sale and support of commercial jetliners, military aircraft,
satellites, missile defense, human space flight and launch systems
and services. The company also manufactures airplanes for the
worldwide commercial airline industry.
As of Sept. 30, 2013, Halvorsen sold out BA after three quarters.
He sold 7,995,460 shares at an average price of $107.71, for a gain
of 25.1%, the low point in the history. Halvorsen had double-digit
gains in all three quarters, topping out at a 72.3% gain in the
first quarter of 2013 when he made a new buy of 12,375,078 shares
at an average price of $78.17 per share.
The gurus are divided on BA in the third quarter; the insider
selling is active.
Tracking share price, revenue and net income since 1990:
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SOLD OUT: Cemex S.A.B de C.V. (
Impact to Portfolio: -3.7%
Up 25% over 12 months, Cemex S.A.B de C.V. has a market cap of
$11.89 billion; its shares currently trade at around $10.87 per
share. The company does not pay a dividend.
A holding company for construction business entities, Cemex is a
cement manufacturer based in Mexico with operations in North
America, Europe, South America, Central America, the Caribbean,
Africa, the Middle East, Australia and Asia.
As of Sept. 30, 2013, Halvorsen sold out his CX, selling 63,547,228
shares at an average price of $11.49, for a loss of 5.4%.
The holding's lowest quarter was the second quarter of 2013; he had
a loss of 3.4% buying 17,357,024 shares at an average price of
$11.25 per share.
In five quarters of mixed results, Halvorsen's highest gain was
40.6% made selling 10,866,714 shares at an average price of $7.73
per share in the second quarter of 2011.
Tracking share price, revenue and net income over the years:
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Here's more guru trading in the third quarter. No insider activity
REDUCED: Intuitive Surgical Inc. (
Impact to Portfolio: -4.21%
Current Shares: 210,426
Down 29% over 12 months, Intuitive Surgical Inc. has a market cap
of $14.39 billion; its shares were traded at around $378.01, with a
P/E of 22.60.
The company designs, manufactures and markets da Vinci Surgical
Systems, EndoWrist instruments, and surgical accessories. A da
Vinci Surgical System consists of a surgeon's console, a
patient-side cart and a high performance vision system.
Read Baron Funds' comments on ISRG.
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As of Sept. 30, 2013, Halvorsen reduced his position by 87.69%
after five losing quarters, selling 1,498,627 shares at an average
price of $397.44, for a loss of 4.9%.
Overall, he has averaged a loss of 28% on 1,850,153 shares bought
at an average price of $528.18 per share. On shares sold, he has
averaged a loss of 7% on 1,639,727 shares sold at an average price
of $405.90 per share.
Here's more guru and insider action.
REDUCED: Time Warner Inc. (
Impact to Portfolio: -3.75%
Current Shares: 14,817,831
Up 40% over 12 months, Time Warner Inc. has a market cap of $59.39
billion; its shares were traded at around $65.64, with a P/E of
16.10. The dividend yield is 1.80%.
As of Sept. 30, 2013, Halvorsen reduced his position by 44.11%,
selling 11,693,532 shares at an average price of $62.38, for a gain
Over eight gaining quarters, he has averaged a gain of 43% on
26,511,363 shares bought at an average price of $45.85 per share.
On shares sold, he has averaged a gain of 5% on 11,693,532 shares
sold at an average price of $62.38 per share.
Here's the guru and insider action on TWX.
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A former "Tiger Cub" and Norwegian Navy Seal, Viking's Andreas
Halvorsen has a net worth of $1.3 billion, as of March 2013,
according to Forbes.
Here is the complete portfolio of Andreas
Read more about:
1. Andreas Halvorsen's Undervalued Stocks
2. Andreas Halvorsen's Top Growth Companies
3. Andreas Halvorsen's High Yield stocks
4. Stocks that Andreas Halvorsen keeps buying
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