Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see which companies based out of South America were held by the highest number of gurus.
The following four companies come from a variety of industries, are based out of South American countries and are held by the largest number of gurus as of the close of the fourth quarter.
Petroleo Brasileiro SA Petrobras (PBR)
The largest held South American stock is the Rio de Janeiro-based Petroleo Brasileiro SA Petrobras. There are currently 10 guru owners of PBR with five making buys over the past quarter and four making sells of their stake. These gurus hold a combined weighting of 2.11%.
The top guru owners of Petrobras:
- Brian Rogers: 11,500,000 shares, representing 0.18% of the company’s shares outstanding
- Howard Marks: 3,124,177 shares, representing 0.05% of the company’s shares outstanding.
- Ray Dalio (Trades, Portfolio): 761,800 shares, representing 0.01% of the company’s shares outstanding.
Petrobras is an integrated oil and gas company in Brazil and in Latin America who is the supplier of crude oil and oil products. Its activities comprise five business segments: Exploration and Production, Supply, Distribution, Gas and Energy and International.
Petrobras’ historical revenue and net income:
The analysis on Petrobras reports that the company’s revenue has been in decline over the past five years. It also notes that the company has issued $48.2 billion of debt over the past three years but that its debt level is acceptable.
According to the Peter Lynch Chart Petrobras appears to be undervalued:
Petroleo Brasileiro SA Petrobras has a market cap of $71.09 billion. Its shares are currently trading at around $10.90 with a P/E ratio of 5.60, a P/S ratio of 0.60 and a P/B ratio of 0.50. The company had an annual average earnings growth of 10.00% over the past ten years.
Ambev SA (ABEV)
The second most held South American stock is the Companhia de Bebidas, based in Sao Paulo, Brazil. As of the fourth quarter there were nine guru owners of the company with six gurus making buys and three gurus selling their stake in the company. These gurus hold a combined weighting of 7.44%.
The top guru shareholders of Companhia de Bebidas:
- Manning & Napier: 10,870,612 shares, representing 0.35% of the company’s shares outstanding.
- Lee Ainslie: 2,581,599 shares, representing 0.08% of the company’s shares outstanding.
- Ken Fisher: 2,092,495 shares, representing 0.07% of the company’s shares outstanding.
The company produces, distributes and sells beer, soft drinks and other non-alcoholic and non-carbonated products in 14 countries across the Americas. AmBev is PepsiCo's bottler outside the United States.
AmBev’s historical revenue and net income:
The analysis on AmBev reports that the company’s operating margin is expanding, its revenue has been in decline over the past year and its P/B ratio is trading near a 2-year low.
The Peter Lynch Chart suggests that the company is currently overvalued:
Companhia de Bebidas das Americas AmBev has a market cap of $111.36 billion. Its shares are currently trading at around $7.11with a P/E ratio of 34.10, a P/S ratio of 8.50 and a P/B ratio of 1.20. The dividend yield of Companhia de AmBev is currently around 3.36%. The company had an annual average earnings growth of 15.5% over the past 10 years.
GuruFocus rated AmBev the business predictability rank of 3.5-star.
Vale SA (VALE.P)
The third top guru-held stock is from Rio de Janeiro-based Vale SA. There are eight guru shareholders of Vale with five gurus making buys over the past quarter and eight gurus making sells of their holdings in the company. These gurus hold a combined weighting of 2.32%.
The top guru shareholders of Vale:
- Jeremy Grantham: 12,744,003, shares, representing 0.35% of the company’s shares outstanding.
- Jim Simons: 3,005,400 shares, representing 0.08% of the company’s shares outstanding.
- Howard Marks: 2,657,843 shares, representing 0.3% of the company’s shares outstanding.
Vale S.A. is a metals and mining company. The Company is a producer of iron ore and iron ore pellets and the producer of nickel and kaolin. It is also one of the producers of manganese ore and ferroalloys.
Vale’s historical revenue and net income:
The analysis on Vale reports that the company has issued $6.2 billion of debt over the past three years, its revenue have been in decline over the past year and it has a poor buyback record. It also notes that the company’s operating margin and income have been in a decline over the past three years.
Vale has a market cap of $65.14 billion. Its shares are currently trading at around $12.64 with a P/E ratio of 6.60, a P/S ratio of 1.40 and a P/B ratio of 1.30. Vale had an annual average earnings growth of 28.50% over the past ten years.
Banco Santander Brasil SA/Brazil (BSBR)
The fourth largest guru-held South American stock is Banco Santander Brasil where 7 gurus hold a stake. Over the past quarter there were four gurus making buys into Banco Santander and five gurus selling their holdings in the company. These gurus hold a combined weighting of 11.53%.
The top guru shareholders of Banco Santander:
- Tweedy Browne: 49,203,606 shares, representing 1.3% of the company’s shares outstanding.
- Charles Brandes: 32,062,727 shares, representing 0.85% of the company’s shares outstanding.
- Tweedy Browne Global: 18,693,570 shares, representing 0.49% of the company’s shares outstanding.
Banco Santander Brasil SA/Brazil is a full-service bank in Brazil. The Company has three business segments: Commercial Banking, Global Wholesale Banking and Asset Management and Insurance.
Banco Santander’s historical revenue and net income:
The analysis on Banco Santander reports that the company’s payout ratio is too high, its dividend yield is near a 1-year high and its price is near a 5-year low. The analysis also reports that the company’s asset growth is faster than its revenue growth.
Banco Santander has a market cap of $18.96 billion. Its shares are currently trading at around $5.01 with a P/S ratio of 0.60 and a P/B ratio of 0.70 as well. The dividend yield of Banco Santander is 5.30%. The company had an annual average earnings growth of 0.60% over the past five years.
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