Leucadia National (Trades, Portfolio) bought shares of the following stocks during the second quarter:
The firm established a 706,047-share stake in Altaba Inc. (AABA, Financial). The transaction had an impact of 3.32% on the portfolio.
The investment company is the result of Verizon's (VZ, Financial) acquisition of Yahoo's internet business. Its investment portfolio consists of equity and short-term debt investments.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity (ROE) of -0.05% and return on assets (ROA) -0.03% are outperforming 84% of companies in the Global Asset Management industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio is 5.25.
The largest shareholder among the gurus is Steven Romick (Trades, Portfolio) with 0.54% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 0.09%, Leucadia National with 0.08% and Mario Gabelli (Trades, Portfolio) with 0.07%.
Leucadia purchased 660,625 shares of Huntsman Corp. (HUN, Financial), giving it 1.47% portfolio space.
The company manufactures differentiated organic and inorganic chemical products.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the ROE of 28.31% is outperforming the sector, the ROA of 4.46% is underperforming 59% of companies in the Global Chemicals industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.12 is below the industry median of 0.76.
David Tepper (Trades, Portfolio) is the company's largest shareholder among the gurus with 2.32% of outstanding shares, followed by Alan Fournier (Trades, Portfolio) with 1.07%, Steven Cohen (Trades, Portfolio) with 0.26%, Chuck Royce (Trades, Portfolio) with 0.24%, Joel Greenblatt (Trades, Portfolio) with 0.17%, Keeley Asset Management Corp (Trades, Portfolio) with 0.16% and Caxton Associates (Trades, Portfolio) with 0.11%.
The firm increased its holding of Time Warner Inc. (TWX, Financial) by 70.92%, expanding the portfolio 1.21%.
The entertainment company owns television networks, including HBO, CNN, TNT and the CW.Â
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 17.13% and ROA of 6.48% are outperforming 74% of companies in the Global Media – Diversified industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.07 is below the industry median of 1.31.
Dodge & Cox is the company's largest guru shareholder with 4.09% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.52%, Daniel Loeb (Trades, Portfolio) with 0.45%, David Abrams (Trades, Portfolio) with 0.39%, John Paulson (Trades, Portfolio) with 0.39% and Jim Simons (Trades, Portfolio) with 0.35%.
The firm established a 41,798-share position in C.R. Bard Inc. (BCR, Financial), expanding the portfolio 1.14%.
The company manufactures medical, surgical, diagnostic and patient care devices. It sells its products to hospitals, individual health care professionals and extended care facilities.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The ROE of 33.39% and ROA of 10.84% are outperforming 84% of companies in the Global Medical Instruments and Supplies industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.59 is below the industry median of 1.55.
The largest shareholder of the company among the gurus is Simons with 1.32% of outstanding shares, followed by Cohen with 0.44%, Gabelli with 0.04%, Greenblatt with 0.02%, Jeremy Grantham (Trades, Portfolio) with 0.01% and Ray Dalio (Trades, Portfolio) with 0.01%.
The firm bought 261,620 shares of Tribune Media Co. (TRCO, Financial). The trade had an impact of 0.92% on the portfolio.
The media and entertainment company owns a national general entertainment cable network, a radio station, a production studio, a portfolio of real estate assets and has investments in various media and websites.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of -2.37% and ROA of -0.89% are underperforming 72% of companies in the Global Broadcasting - TV industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.11 is above the industry median of 1.31.
With 16.32% of outstanding shares, Howard Marks (Trades, Portfolio) is the company's largest guru shareholder, followed by PRIMECAP Management (Trades, Portfolio) with 6.03%, Gabelli with 1.18%, Simons with 0.8%, Keeley Asset Management with 0.38% and Leon Cooperman (Trades, Portfolio) with 0.03%.
Leucadia established a 112,076-share stake in Liberty Broadband Corp. (LBRDA, Financial), expanding the portfolio 0.83%.
The telecommunications company provides cable services to both residential and small to medium-sized businesses.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The ROE of 0.38% and ROA of 0.33% are outperforming 69% of the companies in the Global Pay TV industry. Financial strength has a rating of 7 out of 10. The cash-debt ratio of 0.33 is below the industry median of 0.41.
The largest shareholder of the company among the gurus is Wallace Weitz (Trades, Portfolio) with 0.19% of outstanding shares, followed by Murray Stahl (Trades, Portfolio) with 0.16%, Tom Gayner (Trades, Portfolio) with 0.1%, Gabelli with 0.08%, Simons with 0.07% and Ron Baron (Trades, Portfolio) with 0.05%.
The firm increased its Fiesta Restaurant Group Inc. (FRGI, Financial) stake by 34.69%. The transaction had an impact of 0.62% on the portfolio.
Through its subsidiaries, the company operates fast-casual restaurants under the Pollo Tropical and Taco Cabana brand names.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of -7.49% and ROA of -4.45% are underperforming 79% of the companies in the Global Restaurants industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.07 is below the industry median 0.65.
Private Capital (Trades, Portfolio) is another notable shareholder of the company among the gurus with 1.81% of outstanding shares, followed by Julian Robertson (Trades, Portfolio) with 0.42% and Third Avenue Management (Trades, Portfolio) with 0.38%.
Leucadia bought 130,000 shares of The Spectranetics Corp.(SPNC, Financial), giving it a 0.43% portfolio space.
The company manufactures single-use medical devices that are used to treat arterial blockages in the legs and heart and to remove pacemaker and defibrillator cardiac leads.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of -98.89% and ROA of -16.06% are underperforming 83% of the companies in the Global Medical Devices industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.17 is below the industry median of 2.54.
With 2.95% of outstanding shares, Baron is the company's largest guru shareholder, followed by Gabelli with 0.79%, Cohen with 0.47% and Simons with 0.14%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
