FPA Capital Fund Q2 Portfolio: Buys OSK, IDCC, ARW, RDC, ESV
FPA Capital Fund added to a number of positions and bought two new positions in the second quarter of this year. The fund is overseen by legendary value investor Robert Rodriguez, who is predicting another financial crisis in the US. The fund has been heavily invested in energy stocks. As of 06/30/2011, FPA Capital owns 20 stocks with a total value of $943 million. It has more than 30% in cash. These are the details of the buys and sells.
This is the portfolio chart of FPA Capital Fund. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
This is the sector weightings of his portfolio:
These are the top 5 holdings of FPA Capital Fund
New Purchase: Oshkosh (OSK, Financial)
FPA Capital Fund initiated holdings in Oshkosh. His purchase prices were between $25.67 and $36.36, with an estimated average price of $29.9. The impact to his portfolio due to this purchase was 1.77%. His holdings were 576,000 shares as of 06/30/2011.
Oshkosh Corporation is a designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh has a market cap of $2.78 billion; its shares were traded at around $30.54 with a P/E ratio of 5.5 and P/S ratio of 0.3.
New Purchase: Interdigital Inc. (IDCC, Financial)
FPA Capital Fund initiated holdings in Interdigital Inc.. His purchase prices were between $35.02 and $49.11, with an estimated average price of $42.49. The impact to his portfolio due to this purchase was 0.4%. His holdings were 91,158 shares as of 06/30/2011.
INTERDIGITAL COMMUNICATIONS develops and markets advanced digital wireless telecommunications systems using proprietary technologies for voice and data communications and has developed an extensive patent portfolio related to those technologies. Interdigital Inc. has a market cap of $3.23 billion; its shares were traded at around $71.3 with a P/E ratio of 25.1 and P/S ratio of 8.2. The dividend yield of Interdigital Inc. stocks is 0.6%. Interdigital Inc. had an annual average earnings growth of 33.1% over the past 5 years.
Added: Arrow Electronics Inc. (ARW, Financial)
FPA Capital Fund added to his holdings in Arrow Electronics Inc. by 2.08%. His purchase prices were between $36.67 and $46.53, with an estimated average price of $42.24. The impact to his portfolio due to this purchase was 0.2%. His holdings were 2,232,200 shares as of 06/30/2011.
Arrow Electronics, Inc. is the world's largest distributor of electronic components and computer products to industrial and commercial customers. Arrow Electronics Inc. has a market cap of $4.3 billion; its shares were traded at around $37.05 with a P/E ratio of 8 and P/S ratio of 0.2. Arrow Electronics Inc. had an annual average earnings growth of 7.6% over the past 10 years.
Added: Rowan Cos. Inc. (RDC, Financial)
FPA Capital Fund added to his holdings in Rowan Cos. Inc. by 1.9%. His purchase prices were between $35.92 and $44.19, with an estimated average price of $39.05. The impact to his portfolio due to this purchase was 0.2%. His holdings were 2,634,000 shares as of 06/30/2011.
Rowan Companies, Inc. is a major provider of international and domestic offshore contract drilling services. Rowan Cos. Inc. has a market cap of $4.94 billion; its shares were traded at around $38.73 with a P/E ratio of 19.2 and P/S ratio of 2.7. Rowan Cos. Inc. had an annual average earnings growth of 25.5% over the past 10 years. GuruFocus rated Rowan Cos. Inc. the business predictability rank of 3.5-star.
Added: Western Digital Corp. (WDC, Financial)
FPA Capital Fund added to his holdings in Western Digital Corp. by 2.3%. His purchase prices were between $33.47 and $41.24, with an estimated average price of $36.84. The impact to his portfolio due to this purchase was 0.17%. His holdings were 1,922,800 shares as of 06/30/2011.
Western Digital Corp. designs, develops, manufactures and markets a broad line of hard drives featuring leading-edge technology. Western Digital Corp. has a market cap of $8.58 billion; its shares were traded at around $36.9 with a P/E ratio of 11.8 and P/S ratio of 0.9. Western Digital Corp. had an annual average earnings growth of 40.2% over the past 5 years.
Added: Ensco Plc (ESV, Financial)
FPA Capital Fund added to his holdings in Ensco Plc by 1.61%. His purchase prices were between $50.93 and $59.57, with an estimated average price of $55.12. The impact to his portfolio due to this purchase was 0.17%. His holdings were 1,900,800 shares as of 06/30/2011.
Ensco International plc, formerly ENSCO International Incorporated, is a provider of offshore contract drilling services to the international oil and gas industry. Ensco Plc has a market cap of $7.56 billion; its shares were traded at around $52.73 with a P/E ratio of 17 and P/S ratio of 4.5. The dividend yield of Ensco Plc stocks is 2.7%. Ensco Plc had an annual average earnings growth of 19.2% over the past 10 years. GuruFocus rated Ensco Plc the business predictability rank of 4.5-star.
Added: Avnet Inc. (AVT, Financial)
FPA Capital Fund added to his holdings in Avnet Inc. by 1.93%. His purchase prices were between $29.97 and $37.81, with an estimated average price of $33.95. The impact to his portfolio due to this purchase was 0.16%. His holdings were 2,454,700 shares as of 06/30/2011.
Avnet Inc. is one of the world's largest industrial distributors of electronic components and computer products. Avnet Inc. has a market cap of $4.51 billion; its shares were traded at around $29.51 with a P/E ratio of 7.3 and P/S ratio of 0.2.
Added: Atwood Oceanics Inc. (ATW, Financial)
FPA Capital Fund added to his holdings in Atwood Oceanics Inc. by 3.61%. His purchase prices were between $38.87 and $46.4, with an estimated average price of $42.29. The impact to his portfolio due to this purchase was 0.11%. His holdings were 700,500 shares as of 06/30/2011.
Atwood Oceanics, Inc., its international operating subsidiary, Atwood Oceanics Pacific Limited and related subsidiaries are engaged in the business of international offshore drilling and completion of exploratory and developmental oil and gas wells as well as related support, management, and consulting services. Atwood Oceanics Inc. has a market cap of $3.11 billion; its shares were traded at around $48.01 with a P/E ratio of 12 and P/S ratio of 4.8. Atwood Oceanics Inc. had an annual average earnings growth of 26.1% over the past 10 years.
Added: Trinity Industries Inc. (TRN, Financial)
FPA Capital Fund added to his holdings in Trinity Industries Inc. by 1.34%. His purchase prices were between $30.54 and $37.76, with an estimated average price of $33.64. The impact to his portfolio due to this purchase was 0.11%. His holdings were 2,253,028 shares as of 06/30/2011.
Trinity Industries, Inc. is engaged in the manufacture, marketing, and leasing of a wide variety of products consisting of the following business segments or groups: Railcar Group, Inland Barge Group, Parts and Services Group, Highway Construction Product Group, Concrete & Aggregate Group, Industrial Group, and others. Trinity Industries Inc. has a market cap of $2.78 billion; its shares were traded at around $34.82 with a P/E ratio of 32.2 and P/S ratio of 1.3. The dividend yield of Trinity Industries Inc. stocks is 1%. Trinity Industries Inc. had an annual average earnings growth of 5.3% over the past 5 years.
Added: Signet Jewelers (SIG, Financial)
FPA Capital Fund added to his holdings in Signet Jewelers by 2.38%. His purchase prices were between $40.45 and $46.5, with an estimated average price of $43.7. The impact to his portfolio due to this purchase was 0.1%. His holdings were 855,000 shares as of 06/30/2011.
Signet Group PLC operates specialist retail jewellery stores. Signet Jewelers has a market cap of $3.88 billion; its shares were traded at around $44.94 with a P/E ratio of 15.2 and P/S ratio of 1.1.
Reduced: Pattersonuti Energy Inc. (PTEN, Financial)
FPA Capital Fund reduced to his holdings in Pattersonuti Energy Inc. by 21.16%. His sale prices were between $26.62 and $31.69, with an estimated average price of $29.22. The impact to his portfolio due to this sale was -1.05%. FPA Capital Fund still held 1,303,700 shares as of 06/30/2011.
Patterson is one of the providers of domestic land drillingservices to major & independent oil & natural gas companies. Pattersonuti Energy Inc. has a market cap of $5.2 billion; its shares were traded at around $33.71 with a P/E ratio of 29.8 and P/S ratio of 3.6. The dividend yield of Pattersonuti Energy Inc. stocks is 0.6%. Pattersonuti Energy Inc. had an annual average earnings growth of 13.9% over the past 10 years.
FPA Capital Fund added to a number of positions and bought two new positions in the second quarter of this year. The fund is overseen by legendary value investor Robert Rodriguez, who is predicting another financial crisis in the US. The fund has been heavily invested in energy stocks. As of 06/30/2011, FPA Capital owns 20 stocks with a total value of $943 million. It has more than 30% in cash. These are the details of the buys and sells.
This is the portfolio chart of FPA Capital Fund. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
- New Purchases: OSK, IDCC,
- Added Positions: ARW, RDC, ESV, WDC, AVT, ATW, TRN, SIG,
- Reduced Positions: PTEN,
- Sold Out:
This is the sector weightings of his portfolio:
These are the top 5 holdings of FPA Capital Fund
- Rowan Cos. Inc. (RDC) - 2,634,000 shares, 10.8438% of the total portfolio. Shares added by 1.9%
- Ensco PLC (ESV) - 1,900,800 shares, 10.7469% of the total portfolio. Shares added by 1.61%
- Rosetta Resources Inc. (ROSE) - 1,819,091 shares, 9.9453% of the total portfolio. Shares reduced by 7.64%
- Arrow Electronics Inc. (ARW) - 2,232,200 shares, 9.8265% of the total portfolio. Shares added by 2.08%
- Trinity Industries Inc. (TRN) - 2,253,028 shares, 8.3361% of the total portfolio. Shares added by 1.34%
New Purchase: Oshkosh (OSK, Financial)
FPA Capital Fund initiated holdings in Oshkosh. His purchase prices were between $25.67 and $36.36, with an estimated average price of $29.9. The impact to his portfolio due to this purchase was 1.77%. His holdings were 576,000 shares as of 06/30/2011.
Oshkosh Corporation is a designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh has a market cap of $2.78 billion; its shares were traded at around $30.54 with a P/E ratio of 5.5 and P/S ratio of 0.3.
New Purchase: Interdigital Inc. (IDCC, Financial)
FPA Capital Fund initiated holdings in Interdigital Inc.. His purchase prices were between $35.02 and $49.11, with an estimated average price of $42.49. The impact to his portfolio due to this purchase was 0.4%. His holdings were 91,158 shares as of 06/30/2011.
INTERDIGITAL COMMUNICATIONS develops and markets advanced digital wireless telecommunications systems using proprietary technologies for voice and data communications and has developed an extensive patent portfolio related to those technologies. Interdigital Inc. has a market cap of $3.23 billion; its shares were traded at around $71.3 with a P/E ratio of 25.1 and P/S ratio of 8.2. The dividend yield of Interdigital Inc. stocks is 0.6%. Interdigital Inc. had an annual average earnings growth of 33.1% over the past 5 years.
Added: Arrow Electronics Inc. (ARW, Financial)
FPA Capital Fund added to his holdings in Arrow Electronics Inc. by 2.08%. His purchase prices were between $36.67 and $46.53, with an estimated average price of $42.24. The impact to his portfolio due to this purchase was 0.2%. His holdings were 2,232,200 shares as of 06/30/2011.
Arrow Electronics, Inc. is the world's largest distributor of electronic components and computer products to industrial and commercial customers. Arrow Electronics Inc. has a market cap of $4.3 billion; its shares were traded at around $37.05 with a P/E ratio of 8 and P/S ratio of 0.2. Arrow Electronics Inc. had an annual average earnings growth of 7.6% over the past 10 years.
Added: Rowan Cos. Inc. (RDC, Financial)
FPA Capital Fund added to his holdings in Rowan Cos. Inc. by 1.9%. His purchase prices were between $35.92 and $44.19, with an estimated average price of $39.05. The impact to his portfolio due to this purchase was 0.2%. His holdings were 2,634,000 shares as of 06/30/2011.
Rowan Companies, Inc. is a major provider of international and domestic offshore contract drilling services. Rowan Cos. Inc. has a market cap of $4.94 billion; its shares were traded at around $38.73 with a P/E ratio of 19.2 and P/S ratio of 2.7. Rowan Cos. Inc. had an annual average earnings growth of 25.5% over the past 10 years. GuruFocus rated Rowan Cos. Inc. the business predictability rank of 3.5-star.
Added: Western Digital Corp. (WDC, Financial)
FPA Capital Fund added to his holdings in Western Digital Corp. by 2.3%. His purchase prices were between $33.47 and $41.24, with an estimated average price of $36.84. The impact to his portfolio due to this purchase was 0.17%. His holdings were 1,922,800 shares as of 06/30/2011.
Western Digital Corp. designs, develops, manufactures and markets a broad line of hard drives featuring leading-edge technology. Western Digital Corp. has a market cap of $8.58 billion; its shares were traded at around $36.9 with a P/E ratio of 11.8 and P/S ratio of 0.9. Western Digital Corp. had an annual average earnings growth of 40.2% over the past 5 years.
Added: Ensco Plc (ESV, Financial)
FPA Capital Fund added to his holdings in Ensco Plc by 1.61%. His purchase prices were between $50.93 and $59.57, with an estimated average price of $55.12. The impact to his portfolio due to this purchase was 0.17%. His holdings were 1,900,800 shares as of 06/30/2011.
Ensco International plc, formerly ENSCO International Incorporated, is a provider of offshore contract drilling services to the international oil and gas industry. Ensco Plc has a market cap of $7.56 billion; its shares were traded at around $52.73 with a P/E ratio of 17 and P/S ratio of 4.5. The dividend yield of Ensco Plc stocks is 2.7%. Ensco Plc had an annual average earnings growth of 19.2% over the past 10 years. GuruFocus rated Ensco Plc the business predictability rank of 4.5-star.
Added: Avnet Inc. (AVT, Financial)
FPA Capital Fund added to his holdings in Avnet Inc. by 1.93%. His purchase prices were between $29.97 and $37.81, with an estimated average price of $33.95. The impact to his portfolio due to this purchase was 0.16%. His holdings were 2,454,700 shares as of 06/30/2011.
Avnet Inc. is one of the world's largest industrial distributors of electronic components and computer products. Avnet Inc. has a market cap of $4.51 billion; its shares were traded at around $29.51 with a P/E ratio of 7.3 and P/S ratio of 0.2.
Added: Atwood Oceanics Inc. (ATW, Financial)
FPA Capital Fund added to his holdings in Atwood Oceanics Inc. by 3.61%. His purchase prices were between $38.87 and $46.4, with an estimated average price of $42.29. The impact to his portfolio due to this purchase was 0.11%. His holdings were 700,500 shares as of 06/30/2011.
Atwood Oceanics, Inc., its international operating subsidiary, Atwood Oceanics Pacific Limited and related subsidiaries are engaged in the business of international offshore drilling and completion of exploratory and developmental oil and gas wells as well as related support, management, and consulting services. Atwood Oceanics Inc. has a market cap of $3.11 billion; its shares were traded at around $48.01 with a P/E ratio of 12 and P/S ratio of 4.8. Atwood Oceanics Inc. had an annual average earnings growth of 26.1% over the past 10 years.
Added: Trinity Industries Inc. (TRN, Financial)
FPA Capital Fund added to his holdings in Trinity Industries Inc. by 1.34%. His purchase prices were between $30.54 and $37.76, with an estimated average price of $33.64. The impact to his portfolio due to this purchase was 0.11%. His holdings were 2,253,028 shares as of 06/30/2011.
Trinity Industries, Inc. is engaged in the manufacture, marketing, and leasing of a wide variety of products consisting of the following business segments or groups: Railcar Group, Inland Barge Group, Parts and Services Group, Highway Construction Product Group, Concrete & Aggregate Group, Industrial Group, and others. Trinity Industries Inc. has a market cap of $2.78 billion; its shares were traded at around $34.82 with a P/E ratio of 32.2 and P/S ratio of 1.3. The dividend yield of Trinity Industries Inc. stocks is 1%. Trinity Industries Inc. had an annual average earnings growth of 5.3% over the past 5 years.
Added: Signet Jewelers (SIG, Financial)
FPA Capital Fund added to his holdings in Signet Jewelers by 2.38%. His purchase prices were between $40.45 and $46.5, with an estimated average price of $43.7. The impact to his portfolio due to this purchase was 0.1%. His holdings were 855,000 shares as of 06/30/2011.
Signet Group PLC operates specialist retail jewellery stores. Signet Jewelers has a market cap of $3.88 billion; its shares were traded at around $44.94 with a P/E ratio of 15.2 and P/S ratio of 1.1.
Reduced: Pattersonuti Energy Inc. (PTEN, Financial)
FPA Capital Fund reduced to his holdings in Pattersonuti Energy Inc. by 21.16%. His sale prices were between $26.62 and $31.69, with an estimated average price of $29.22. The impact to his portfolio due to this sale was -1.05%. FPA Capital Fund still held 1,303,700 shares as of 06/30/2011.
Patterson is one of the providers of domestic land drillingservices to major & independent oil & natural gas companies. Pattersonuti Energy Inc. has a market cap of $5.2 billion; its shares were traded at around $33.71 with a P/E ratio of 29.8 and P/S ratio of 3.6. The dividend yield of Pattersonuti Energy Inc. stocks is 0.6%. Pattersonuti Energy Inc. had an annual average earnings growth of 13.9% over the past 10 years.
