David Winter is the managing member of Wintergreen Advisers and primarily responsible for asset allocation. Wintergreen Advisers has $551 million assets under management. Within the second quarter of the year, Winter increased four stock positions. MasterCard (MA) and Google (GOOG) are his buys with biggest change to the portfolio. He sold 2 companies and reduced 6 stock positions of which Barrick Gold (ABX) was the position with the largest influence on the portfolio. Here are Wintergreen's biggest portfolio weighted buys and sells:
Buys:
- MasterCard (MA) was increased by 348.30 percent. Total change to portfolio: 6.16 percent.
- Google (GOOG) was increased by 393.33 percent. Total change to portfolio: 2.69 percent.
- Canadian Natural Resources (CNQ) was increased by 3.11 percent. Total change to portfolio: 0.51 percent.
Sells:
- Barrick Gold (ABX) was totally sold. Total change to portfolio: 10.64 percent.
- Potash (POT) was totally sold. Total change to portfolio: 0.60 percent.
- Goldman Sachs (GS) was reduced by 10.07 percent. Total change to portfolio: 0.34 percent.
David Tepper’s biggest sector allocation is focused on Financials (34.26 percent), Consumer Staples (20.51 percent) and Materials (16.94 percent).
Here are David Winter’s biggest portfolio holdings as of Q2/2011, along with their fundamentals:
1. Canadian Natural Resources (CNQ) operates within the independent oil and gas industry. The company has a market capitalization of USD 40.4 billion, generates revenues in an amount of USD 12.8 billion and a net income of USD 1.0 billion. It follows P/E ratio is 40.1 and forward price to earnings ratio 10.2, Price/Sales 3.2 and Price/Book ratio 1.9. Dividend Yield: 1.0 percent. Years of Consecutive Dividend Increases: 14 Years. 5-Year Dividend Growth: 7.2 percent. The company paid dividends since 1992. Portfolio weighting: 16.94 percent.
2. Franklin Resources (BEN) operates within the asset management industry. The company has a market capitalization of USD 25.5 billion, generates revenues in an amount of USD 6.8 billion and a net income of USD 1.9 billion. It follows P/E ratio is 13.8 and forward price to earnings ratio 11.8, Price/Sales 3.7 and Price/Book ratio 2.9. Dividend Yield: 0.9 percent. Years of Consecutive Dividend Increases: 0 Years. 5-Year Dividend Growth: 71.5 percent. The company paid dividends since 1981. Portfolio weighting: 11.87 percent.
3. Berkshire Hathaway (BRK.B) is acting within property and casualty insurance industry. The company has a market capitalization of USD 179.2 billion, generates revenues in an amount of USD 144.4 billion and a net income of USD 12.3 billion. It follows P/E ratio is 14.6 and forward price to earnings ratio 14.3, Price/Sales 1.2 and Price/Book ratio 1.1. Dividend Yield: 0 percent. Years of Consecutive Dividend Increases: 0 Years. 5-Year Dividend Growth: 0 percent. The company never paid dividends. Portfolio weighting: 11.34 percent.
Take a closer look at David Winter’s full portfolio. He recently owned 58 stocks with a portfolio worth of USD 553,631,000.
