David Swensen (Trades, Portfolio) has been the chief investment officer at Yale University since 1985. He is responsible for managing and investing the university's endowment assets and investment funds, which total over $22 billion. Realizing an annual return of more than 17.2% on his investments over the last ten years, Swensen has added more than $16 billion to Yale's coffers. Swensen also outperformed 99% of U.S.-based mutual funds.
He is chiefly noted for having invented what has become known as The Yale Model, a mechanism for Multi-Asset Class Investing. He purposely diversifies the portfolio across a broad range including typical stocks, bonds, real estate, timber and private investments like venture capital and leverage plans.
In the last quarter of 2014, Swensen bought two new stocks.
He bought 109,762 shares (impact of 1.1% on his portfolio) of Potbelly Corporation (PBPB)at an average price range of $11.47-$14.42.
Over the last 12 months the price dropped by 36% and is currently trading at a P/E (ttm) ratio of 89.30 and a P/B of 2.40.
The price is far –Â 38% –Â from its 52-Week High and 17% from its 52-Week Low
The company has a Financial Strength of 7/10 with a cash-to-debt ratio of 62.51, better than 86% of Global Restaurants Industry’s competitors.
The company has Profitability rating of 2/10 with a ROE of 2.80% and a ROA of 2.29%
The company is held by Gurus such as Robert Olstein (with 0.57% of Outstanding Shares) and Jim Simons holding 0.17%. David Swensen now holds 0.38% of Outstanding Shares.
He bought 9,960 shares (impact of 0.19% on his portfolio) of General Electric Co (GE)at an average price range of $23.95-$27.01.
Over the last 12 months the price didn’t change and is currently trading at a P/E (ttm) ratio of 16.70 and a P/B of 1.97.
The price is far –Â 8% –Â from its 52-Week High and 8% from its 52-Week Low.
The company has a Financial Strength of 7/10 with a cash-to-debt ratio of 0.46 near the all-time best rate of 0.49.
The company has Profitability rated 7/10 with a ROE of 11.55% and a ROA of 2.34%
The company is held by Gurus such as Dodge & Cox (with 0.39% of Outstanding Shares) and Brian Rogers holding 0.31%. David Swensen now holds a very small stack.
During Q4 he also sold out Nucor Corp (NUE) and Increased his position in Inogen Inc (INGN).
