Richard F. Aster is an asset manager at Meridian Value. The Fund has stock holdings in an amount of $830 million under management. Within the second quarter of the year, Aster has increased 12 stock positions and initiated 5 new positions. Huron Consulting Group (HURN) and ICON (ICLR) are the buys with the biggest change to the portfolio. He sold out 4 companies and reduced 13 stock positions of which Citrix Systems (CTXS) was the position with the largest influence for the portfolio.
Here are the biggest portfolio weighted buys and sells:
Buys:
Huron Consulting Group (HURN) was new initiated. Total change to portfolio: 1.03%.
ICON (ICLR) was new initiated. Total change to portfolio: 1.00%.
GATIX (GMT) was new initiated. Total change to portfolio: 0.93%.
Sells:
Citrix Systems (CTXS) was reduced by 57.56%. Total change to portfolio: 1.80%.
Gen-Probe (GPRO) was totally sold out. Total change to portfolio: 1.17%.
Curtiss-Wright (CW) was reduced by 57.89%. Total change to portfolio: 1.15%.
Richard F. Aster’s biggest sector allocation is focused on industrials (23.70%), consumer discretionary (18.71%) and information technology (11.58%).
Here are the biggest portfolio holdings as of Q2 2011 with fundamental details:
- Willis Group Holdings (WSH) is acting within the insurance brokers industry. The company has a market capitalization of $6.5 billion, generates revenues in an amount of $3.4 billion and a net income of $281.0 million. It follows P/E ratio is 23.3 and forward price to earnings ratio 11.3, price/sales is 1.9 and price/book ratio 2.4. Dividend yield: 2.8%. Years of consecutive dividend increasing: 0 years. 5-year dividend growth: 4.6%. The company paid dividends since 2003. Portfolio weighting: 3.18%.
- Costco (COST) is acting within the discount and variety stores industry. The company has a market capitalization of $34.4 billion, generates revenues in an amount of $84.9 billion and a net income of $1.4 billion. It follows P/E ratio is 24.6 and forward price to earnings ratio 20.5, price/sales 0.4 and price/book ratio 2.9. Dividend yield: 1.2%. Years of consecutive dividend increasing: 6 years. 5-year dividend growth: 12.7%. The company paid dividends since 2004. Portfolio weighting: 3.04%.
- LKQ (LKQX) is acting within the auto parts wholesale industry. The company has a market capitalization of $3.6 billion, generates revenues in an amount of $2.8 billion and a net income of $182.1 million. It follows P/E ratio is 19.8 and forward price to earnings ratio 14.6, price/sales ratio is 1.3 and price/book ratio 2.3. Dividend yield: 0%. Years of consecutive dividend increasing: 0 years. 5-year dividend growth: 0%. The company never paid dividends. Portfolio weighting: 3.01%.
Take a closer look at Richard F. Aster’s full portfolio. He has 54 stocks with a total worth of $829,815,000.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
