Glenview Capital Management, founded in 2000 by Larry Robbins (Trades, Portfolio), is a privately held investment management firm. In its 14th year of operation, Glenview manages approximately $7.4B of assets split between two products: the Glenview Funds (long/short) and the Glenview Opportunity Funds (concentrated, opportunistic). Since inception, the compounded annualized rates of return for the Glenview and GO Funds are approximately 15% and 25%, respectively (through January 2014). Glenview is focused on delivering attractive absolute returns through an intense focus on deep fundamental research and individual security selection. Their investments are primarily focused on the US, with a smaller amount of exposure in Western Europe.
His portfolio is composed of 74 Stocks for a total value of $19,979 Mil with 34.7% in the Healthcare sector, 19% in Consumer Cyclical and 10.7% into Technology.
Based on GuruFocus top Growing Stocks on Larry Robbins’ Portfolio, McKesson Corp (MCK), Fossil Group Inc (FOSL), Crown Castle International Corp (CCI) are the stocks with the most growing EBITDA.
McKesson Corp (MCK)
MCK has a market Cap of 53,715 $M and is currently trading at P/E (ttm) of 31.40 at average level compared to the Global Medical Distribution’s Median of 26.70.
The price dropped by 23% on the last 12 months.
At current price, based on DCF model, MCK’s fair value is $107.98, and these days the stock is trading with a negative margin of safety of 114%. The Peter Lynch Earnings line Fair Value is set to 179.1$ with a current negative margin of safety of 20%
Over the last 5 years the company Revenue grew by 9.10%, EBITDA grew by 16.30% and EPS growth rate is 12.90%. MCK has positive returns 19.68% of ROE, 3.45% of ROA and 86.86% of ROC) and good Financial strength, rated 8/10.
Vanguard Health Care Fund (Trades, Portfolio) is the main Guru holding MCK with 2.72% of Shares Outstanding, followed by Larry Robbins (Trades, Portfolio) (0.58%) and Lee Ainslie (Trades, Portfolio) (0.56%)
Fossil Group Inc (FOSL)
FOSL has a market Cap of 4,236 $M and is currently trading at P/E (ttm) of 11.70 at very cheap price compared to the Global Footwear & Accessories’ Median of 28.80.
The price dropped by 28% over the last 12 months.
At current price, based on DCF model, FOSL’s fair value is $203.83, and these days the stock is trading with a margin of safety of 59%.
The Peter Lynch Earnings line Fair Value is set to 115.7$ with a current margin of safety of 28%.
Over the last 5 years the company Revenue grew by 23.30%, EBITDA grew by 25.00% and EPS growth rate is 25.70%. FOSL has positive returns (37.45% of ROE, 17.20% of ROA and 52.07% of ROC) and healthy Financial strength, rated 8/10.
Larry Robbins is the main Guru holding FOSL with 5.47% of Shares Outstanding, followed by Ron Baron (1.19%) and Joel Greenblatt with 1.17%.
Crown Castle International Corp (CCI)
CCI has a market Cap of 28,733 $M and is currently trading at P/E (ttm) of 165.80 at too high value compared to the Global Telecom Services’s median of 23.40.
The price rose by 17% over the last 12 months.
At current price, based on DCF model, CCI fair value is $15.34, and these days the stock is trading with a negative margin of safety of 461%.
The Peter Lynch Earnings line Fair Value is set to 23$ with a current negative margin of safety of 269%.
Over the last 5 years the company Revenue grew by 12.90%, EBITDA grew by 16.50%. CCI has positive returns (5.70% of ROE, 1.88% of ROA and 11.07% of ROC) but a poor Financial strength, rated 4/10.
Bill Gates is the main Guru holding CCI with 1.60% of Shares Outstanding, followed by Andreas Halvorsen (1.33%) and Lee Ainslie with 0.47%. Larry Robbins holds (0.26% of Shares Outstanding)
