, founder of ESL Investments and top executive for Sears Holdings
), sold out holdings in three companies as of March 31, 2013.
With a deep understanding of the everyday consumer, Lampert has
made a fortune as a visionary retail investor. His portfolio is
weighted with 97.6% in the consumer cyclical sector. Here's a
look at the retail-based companies Guru Lampert is letting go in
his first quarter 2013 sell outs:
Sold Out: AutoZone Inc. (
) - Specialty Retail
sold out his long-held, lucrative position with AZO, as of March
31, 2013. He sold his last 2,866 shares at an average price of
$373.54 per share, for a gain of 12.8%. This holding had robust
gains for seven quarters, beginning in the second quarter of 2008
when Lampert made a gain of 245.9%. For seven quarters gains
ranged from 99.3% to the high of 245.9%. This holding has always
been in the green for Lampert, but gains fell off to a range of
10.5% - 16.9% in 2012.
This trade impacts his portfolio by -0.026%.
The current share price is $421.18 compared to past valuations:
Sold Out: Safeway Inc. (
) - Grocery Stores
Holding for only two quarters,
sold out his position with SWY, as of March 31, 2013. He sold
844,926 shares at an average price of $21.37 per share, for a
gain of 11.7%. In the previous quarter, Lampert made a gain of
This trade impacts his portfolio by -0.4%.
The current share price is $23.87 compared to past valuations:
Sold Out: Big Lots Inc. (
) - Discount Stores
Edward Lampert also sold out his position with BIG as of March
31, 2013. He sold around 1.4 million shares at an average price
of $32.81 per share, for a gain of 19.3%. Lampert held BIG for
seven fairly flat quarters. The second highest gaining quarter
was third quarter in 2011 for 18.1%.
This trade impacts his portfolio by -1.1%.
The current share price is $39.14 compared to past valuations:
Check all of Guru Edward Lampert's trades.
Guru Eddie Lampert is an investor savant and one of the richest
people in America. His hedge fund ESL Investments lists eight
stocks in a portfolio with a total value of $4.02 billion and a
quarter-over quarter turnover of 8%, according to the GuruFocus
update as of May 15, 2013.
Become a Premium Member now! We invite you for a
7-day Free Trial
Real Time Picks
" reports the stock purchases and sales that Gurus have made
within the prior 2 weeks. The report time lag can be as short as
2 days after the date of the transaction. This feature is for
Premium Members only.
Use the GuruFocus Value Screen to find
and discover potentially deep value stocks held by
billionaire Guru investors.
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