Markets

John Hussman Adds to Gold Holdings

Hussman Strategic Advisors founder John Hussman ( Trades , Portfolio ) bought shares of the following stocks during the second quarter:

Hussman increased his Newmont Mining Corp. ( NEM ) stake by 633.33% with an impact of 3.41% on the portfolio.

Newmont is one of the largest gold mining companies in the world. It also mines copper.

GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The return on equity (ROE) of -4.36% and return on assets (ROA) of -2.14% are outperforming 54% of companies in the Global Gold industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.69 is below the industry median of 34.90.

The company's largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 0.3% of outstanding shares, followed by Mario Gabelli (Trades, Portfolio) with 0.23%, Jim Simons (Trades, Portfolio) with 0.12%, Hussman with 0.1%, Ray Dalio (Trades, Portfolio) with 0.06% and Donald Smith (Trades, Portfolio) with 0.05%.

The guru boosted his Barrick Gold Corp. ( ABX ) holding by 600% with an impact of 3.17% on the portfolio.

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The gold and copper miner's operations are located in North America, South America, Australia and Africa.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 5.48% and ROA of 3.46% are outperforming 76% of companies in the Global Gold industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.79 is below the industry median of 34.90.

First Eagle Investment is the company's largest guru shareholder with 2.99% of outstanding shares, followed by Simons with 0.69%, Stanley Druckenmiller (Trades, Portfolio) with 0.24%, John Rogers (Trades, Portfolio) with 0.04%, Joel Greenblatt (Trades, Portfolio) with 0.04%, Steven Cohen (Trades, Portfolio) 0.03% and John Buckingham (Trades, Portfolio) with 0.01%.

Hussman beefed up the Agnico Eagle Mines Ltd. ( AEM ) position by 700%. The transaction had an impact of 1.75% on the portfolio.

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The Canadian gold miner has properties in Canada, Finland and Mexico as well as in the U.S. and Sweden.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 5.48% and ROA of 3.46% are outperforming 76% of companies in the Global Gold industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.79 is below the industry median of 34.90.

With 5.71 % of outstanding shares, First Eagle Investment is the company's largest guru shareholder, followed by Druckenmiller with 0.38 %, John Paulson (Trades, Portfolio) with 0. 33 %, Dalio with 0. 09 %, Hussman with 0.09%, Arnold Van Den Berg (Trades, Portfolio) with 0.07%, Simons with 0.05% and Chuck Royce (Trades, Portfolio) with 0.03%.

Hussman increased his Goldcorp Inc. ( GG ) stake by 350%, impacting the portfolio by 1%.

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The gold miner has properties in Canada, the U.S., Mexico and Central and South America.

GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 3.50% and ROA of 2.17% are outperforming 71% of companies in the Global Gold industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.04 is below the industry median of 34.90.

The company's largest shareholder among the gurus is First Eagle Investment with 4.02% of outstanding shares, followed by Dalio with 0.208%, Robert Bruce (Trades, Portfolio) with 0.02% and Gabelli with 0.01%.

The investor purchased 50,000 shares of Procter & Gamble Co. ( PG ), expanding the portfolio 0.97%.

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The consumer goods company markets its products internationally through various channels, including mass merchandisers, grocery stores, drug stores and department stores.

GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 27.21% and ROA of 12.53% are outperforming 86% of companies in the Global Household and Personal Products industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.48 is below the industry median of 0.57.

Donald Yacktman (Trades, Portfolio) is the company's largest shareholder among the gurus with 0.61% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.34%, the Yacktman Fund (Trades, Portfolio) with 0.31%, the Yacktman Focused Fund (Trades, Portfolio) with 0.19%, Diamond Hill Capital (Trades, Portfolio) with 0.13% and Pioneer Investments (Trades, Portfolio) with 0.01%.

Hussman boosted his Whole Foods Market Inc.( WFM) holding by 6,666.67%, impacting the portfolio 0.94%.

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The natural and organic foods grocer operates over 400 supermarkets across the U.S., Canada and the U.K..

GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 12.30% and ROA of 6.31% are outperforming 66% of companies in the Global Grocery Stores industry. Financial strength has a rating of 7 out of 10. The cash-debt ratio of 0.85 is below the industry median of 0.53%.

The largest shareholder of the company among the gurus is Jana Partners (Trades, Portfolio) with 4.46% of outstanding shares, followed by Frank Sands (Trades, Portfolio) with 3.65%, Simons with 0.5%, Cohen with 0.14%, Gabelli with 0.13% and Fisher with 0.11%.

The guru bought 50,000 shares of Centene Corp. (CNC), giving it 0.89% portfolio space.

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The health care plans provider focuses on uninsured individuals and helps them access care facilities and social services through government subsidized programs.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 13.57% and ROA of 3.92% are underperforming 65% of companies in the Global Health Care Plans industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 1.06 is below the industry median of 1.38.

Andreas Halvorsen (Trades, Portfolio) is the company's largest guru shareholder with 1.32% of outstanding shares, followed by Pioneer Investments with 1%, David Tepper (Trades, Portfolio) with 0.68%, Richard Snow (Trades, Portfolio) with 0.49% and Simons 0.47%.

Hussman established a 50,000-share stake in Walgreens Boots Alliance Inc. (WBA), giving it 0.87% portfolio space.

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The drug store chain provides consumer goods and services, pharmacy and health and wellness services.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 14.28% and ROA of 6% are outperforming 71% of companies in the Global Pharmaceutical Retailers industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.64 is above the industry median of 0.53.

With 1.13% of outstanding shares, Halvorsen it the company's largest guru shareholder, followed by the Vanguard Health Care Fund (Trades, Portfolio) with 0.75%, Bill Gates (Trades, Portfolio) with 0.32%, Tom Gayner (Trades, Portfolio) with 0.2%, Lee Ainslie (Trades, Portfolio) with 0.09% and Leon Cooperman (Trades, Portfolio) with 0.08%.

Disclosure: I do not own any shares of any stocks mentioned in this article.

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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 Nasdaq, Inc.


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

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