Donald Smith (Trades, Portfolio)Â manages a portfolio composed of 67 stocks with a total value of $3.8 million. During the first quarter, the guru sold shares of the following stocks.
Smith reduced his Unum Group (UNM, Financial) stake by 37.87%, impacting the portfolio by -2.56%.
The company and its subsidiaries provide insurance and non-insurance products and services.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The return on equity (ROE) of 10.44% and return on assets (ROA) of 1.55% are outperforming other companies in the Insurance – Life industry. Financial strength has a rating of 5 out of 10 with a cash-debt ratio of 0.04.
Smith is the largest shareholder of the company among the gurus with 1.56% of outstanding shares, followed by NWQ Managers (Trades, Portfolio) with 1.39%, Pioneer Investments (Trades, Portfolio) with 0.32%, Ken Fisher (Trades, Portfolio) with 0.08%, Jeff Auxier (Trades, Portfolio) with 0.03%, First Eagle Investment (Trades, Portfolio) with 0.03% and Jeremy Grantham (Trades, Portfolio) with 0.03%.
The guru closed his position in Endurance Specialty Holdings Ltd. (ENH, Financial) with an impact of -0.94% on the portfolio.
The company underwrites specialty lines of personal and commercial property and casualty insurance and reinsurance.
GuruFocus gives the stock a profitability and growth rating of 3 out of 10. The ROE of 4.84% and ROA of 1.78% are underperforming other companies in the Insurance – Property and Casualty industry. Financial strength has a rating of 6 out of 10 with a cash-debt ratio of 1.89.
RS Investment Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 1.13% of outstanding shares.
The investor curbed Axis Capital Holdings Ltd. (AXS, Financial) by 50.34%. The trade had an impact of -0.72% on the portfolio.
The company provides specialty reinsurance in Bermuda, the U.S., Canada, Europe and Singapore.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 7.10% and ROA of 2.30% are underperforming other competitors in the industry. Financial strength has a rating of 6 out of 10 with a cash-debt ratio of 1.17.
The largest shareholder of the company among the gurus is Richard Pzena (Trades, Portfolio) with 5.6% of outstanding shares, followed by NWQ Managers with 0.95%, Jim Simons (Trades, Portfolio) with 0.2%, John Buckingham (Trades, Portfolio) with 0.11% and Paul Tudor Jones (Trades, Portfolio) with 0.01%.
The investor reduced his stake in Micron Technology Inc. (MU, Financial) by 6.74%, with an impact of -0.59% on the portfolio.
The company manufactures semiconductor systems. Its products include DRAM, NAND Flash and NOR Flash.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 5.46% and ROA of 2.47% are underperforming other companies in the Semiconductor industry. Financial strength has a rating of 5 out of 10 with a cash-debt ratio of 0.31.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 5.62% of outstanding shares, followed by David Tepper (Trades, Portfolio) with 0.6%, Ken Heebner (Trades, Portfolio) with 0.24%, David Einhorn (Trades, Portfolio) with 0.14%, Steven Cohen (Trades, Portfolio) with 0.13%, Signature Select Canadian Fund (Trades, Portfolio) with 0.07%, Grantham with 0.06% and Pioneer Investments with 0.06%.
The guru reduced his MFA Financial Inc. (MFA, Financial) stake by 37.18%. The trade had an impact of -0.39% on the portfolio.
The company invests in residential mortgage assets.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. While the ROE of 9.91% is outperforming the sector, the ROA of 2.49% is ranked lower than most of the companies in the REIT – Diversified industry. Financial strength has a rating of 6 out of 10 with a cash-debt ratio of 0.69.
Another notable shareholder of the company among the gurus is Simons with 0.67% of outstanding shares, followed by Grantham with 0.07%, Caxton Associates (Trades, Portfolio) with 0.02% and David Dreman (Trades, Portfolio) with 0.02%.
Smith reduced his holding of Sanmina Corp. (SANM, Financial) by 15.25%. The trade had an impact of -0.38% on the portfolio.
The company provides integrated manufacturing solutions and services to original equipment manufacturers in a variety of industries.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 12.91% and ROA of 5.69% are outperforming other companies in the Electronic Components Industry. Financial strength has a rating of 6 out of 10 with a cash-debt ratio of 1.09.
Chuck Royce (Trades, Portfolio) is another notable shareholder of the company among the gurus with 0.64% of outstanding shares, followed by Simons with 0.27%, Grantham with 0.26%, Joel Greenblatt (Trades, Portfolio) with 0.14%, Scott Black (Trades, Portfolio) with 0.08%, Dreman with 0.02% and Caxton Associates with 0.01%.
The investor reduced his Celestica Inc. (CLS, Financial) stake by 28.70%. The trade had an impact of -0.36% on the portfolio.
The company delivers supply chain solutions to customers in the communications, consumer, diversified, servers and storage end markets.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 11.07% and ROA of 4.82% are outperforming other companies in the Contract Manufacturers industry. Financial strength has a rating of 7 out of 10 with a cash-debt ratio of 2.46.
Another notable shareholder of the company among the gurus is Royce with 1.17% of outstanding shares, followed by Simons with 0.49%, Grantham with 0.31% and Black with 0.13%.
Smith reduced his position in American International Group Inc. (AIG, Financial) by 9.93%, impacting the portfolio by -0.33%.
The insurance company provides property and casualty insurance, life insurance, retirement products, mortgage insurance and other financial services.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10. The ROE of 0.62% and ROA of 0.10% are ranked lower than 80% of other companies in the Insurance – Diversified industry. Financial strength has a rating of 5 out of 10 with a cash-debt ratio of 0.06.
Carl Icahn (Trades, Portfolio) is the largest guru shareholder of the company with 4.93% of outstanding shares, followed by Hotchkis & Wiley with 1.79%, First Pacific Advisors (Trades, Portfolio) with 1.13%, Steven Romick (Trades, Portfolio) with 0.85%, Barrow, Hanley, Mewhinney & Strauss with 0.84%, Bill Nygren (Trades, Portfolio) with 0.75%, Pzena with 0.69% and First Eagle Investment with 0.65%.
Disclosure: I do not own shares of any stocks mentioned in this article.
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