Credit: Shutterstock photo- New Purchases: SYT , TWX , EVLV , EMMS,
- Added Positions:BRT, GASS,
- Reduced Positions:SGA, OXY, BEL, DLB, GCVRZ,
- Sold Out:IBM,
For the details of TOWERVIEW LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=TOWERVIEW+LLC
These are the top 5 holdings of TOWERVIEW LLC
- Tejon Ranch Co ( TRC ) - 2,795,000 shares, 31.22% of the total portfolio.
- Saga Communications Inc ( SGA ) - 1,211,479 shares, 26.77% of the total portfolio. Shares reduced by 7.41%
- Barnes & Noble Inc ( BKS ) - 2,375,000 shares, 11.63% of the total portfolio.
- Barnes & Noble Education Inc ( BNED ) - 1,340,000 shares, 6.75% of the total portfolio.
- Corning Inc ( GLW ) - 600,000 shares, 6.4% of the total portfolio.
New Purchase: Syngenta AG (SYT)
Towerview Llc initiated holdings in Syngenta AG. The purchase prices were between $75.49 and $88.06, with an estimated average price of $80.55. The stock is now traded at around $84.84. The impact to the portfolio due to this purchase was 1.39%. The holdings were 40,000 shares as of 2016-12-31.
New Purchase: Time Warner Inc (TWX)
Towerview Llc initiated holdings in Time Warner Inc. The purchase prices were between $78.57 and $96.74, with an estimated average price of $89.02. The stock is now traded at around $96.62. The impact to the portfolio due to this purchase was 0.85%. The holdings were 20,000 shares as of 2016-12-31.
New Purchase: EVINE Live Inc (EVLV)
Towerview Llc initiated holdings in EVINE Live Inc. The purchase prices were between $1.5 and $2.21, with an estimated average price of $1.89. The stock is now traded at around $1.33. The impact to the portfolio due to this purchase was 0.57%. The holdings were 870,000 shares as of 2016-12-31.
New Purchase: Emmis Communications Corp (EMMS)
Towerview Llc initiated holdings in Emmis Communications Corp. The purchase prices were between $3.16 and $4.05, with an estimated average price of $3.51. The stock is now traded at around $3.15. The impact to the portfolio due to this purchase was 0.37%. The holdings were 253,909 shares as of 2016-12-31.
Sold Out: International Business Machines Corp (IBM)
Towerview Llc sold out the holdings in International Business Machines Corp. The sale prices were between $149.63 and $168.51, with an estimated average price of $159.33.
Reduced: Occidental Petroleum Corp (OXY)
Towerview Llc reduced to the holdings in Occidental Petroleum Corp by 25%. The sale prices were between $64.95 and $75.03, with an estimated average price of $71.02. The stock is now traded at around $67.88. The impact to the portfolio due to this sale was -0.34%. Towerview Llc still held 30,000 shares as of 2016-12-31.
Reduced: Belmond Ltd (BEL)
Towerview Llc reduced to the holdings in Belmond Ltd by 35.29%. The sale prices were between $11.85 and $13.95, with an estimated average price of $12.85. The stock is now traded at around $13.70. The impact to the portfolio due to this sale was -0.18%. Towerview Llc still held 55,000 shares as of 2016-12-31.
Reduced: Sanofi Contingent Value Right (Expiring 12/31/2020 (GCVRZ)
Towerview Llc reduced to the holdings in Sanofi Contingent Value Right (Expiring 12/31/2020 by 34.91%. The sale prices were between $0.26 and $0.4, with an estimated average price of $0.33. The stock is now traded at around $0.49. The impact to the portfolio due to this sale was -0.05%. Towerview Llc still held 748,500 shares as of 2016-12-31.
- Warning! GuruFocus has detected 10 Warning Signs with SYT. Click here to check it out.
- SYT 15-Year Financial Data
- The intrinsic value of SYT
- Peter Lynch Chart of SYT
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.
