<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Frank Sands (Trades, Portfolio)’ Sands Capital Management manages a $41.32 billion equity portfolio composed of 77 stocks as of the quarter’s end. The firm sold shares of the following stocks during the second quarter of 2020.” data-reactid=”12″>Frank Sands (Trades, Portfolio)’ Sands Capital Management manages a $41.32 billion equity portfolio composed of 77 stocks as of the quarter’s end. The firm sold shares of the following stocks during the second quarter of 2020.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Alibaba” data-reactid=”23″>Alibaba
The fund trimmed its position in Alibaba Group Holding Ltd. (BABA) by 20.58%. The trade had an impact of -1.17% on the portfolio.
The Chinese online and mobile commerce company has a market cap of $690.20 billion and an enterprise value of $675.85 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 23.68% and return on assets of 12.78% are outperforming 91% of companies in the retail, cyclical industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 2.47 is above the industry median of 0.46.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The largest guru shareholder of the company is PRIMECAP Management (Trades, Portfolio) with 0.51% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.50%.” data-reactid=”40″>The largest guru shareholder of the company is PRIMECAP Management (Trades, Portfolio) with 0.51% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.50%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Salesforce.com” data-reactid=”41″>Salesforce.com
The fund reduced its Salesforce.com Inc. (CRM) holding by 93.4%. The portfolio was impacted by -1.15%.
The enterprise cloud computing solutions provider has a market cap of $173.55 billion and an enterprise value of $169.59 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of -0.62% and return on assets of -0.37% are underperforming 58% of companies in the software industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.68 is above the industry median of 2.2.
The largest guru shareholder of the company is Fisher with 1.28% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio)’ Harbor Capital with 0.80% and Pioneer Investments (Trades, Portfolio) with 0.32%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Activision” data-reactid=”66″>Activision
The fund curbed its position in Activision Blizzard Inc. (ATVI) by 96.96%. The portfolio was impacted by -0.94%.
The video game publisher has a market cap of $63.07 billion and an enterprise value of $59.41 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 14.23% and return on assets of 9.55% are outperforming 75% of companies in the interactive media industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 2.37 is below the industry median of 4.38.
The largest guru shareholders is PRIMECAP Management (Trades, Portfolio) with 0.95% of outstanding shares, followed by Stanley Druckenmiller (Trades, Portfolio) with 0.20% and George Soros (Trades, Portfolio) with 0.14%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Visa” data-reactid=”91″>Visa
The fund reduced its Visa Inc. (V) holding by 6.3%, impacting the portfolio by -0.47%.
The payment processor has a market cap of $463.32 billion and an enterprise value of $445.86 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 33.57% and return on assets of 15.96% are outperforming 96% of companies in the credit services industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.8 is above the industry median of 0.29.
The largest guru shareholder of the company is Fisher with 0.99% of outstanding shares, followed by Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway with 0.50% and Chuck Akre (Trades, Portfolio) with 0.25%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Shopify” data-reactid=”120″>Shopify
The investment fund curbed its holding in Shopify Inc. (SHOP) by 25.03%. impacting the portfolio by -0.44%.
The company has a market cap of $118.42 billion and an enterprise value of $114.48 billion.
GuruFocus gives the company a profitability and growth rating of 3 out of 10. The return on equity of -2.14% and return on assets of -1.9% are underperforming 63% of companies in the software industry. Its financial strength is rated 8 out of 10. The cash-debt ratio of 26.13 is far above the industry median of 2.2.
The largest guru shareholder is Steve Mandel (Trades, Portfolio)’s Lone Pine Capital with 1.40% of outstanding shares, followed by Segalas’ firm with 0.67% and Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 0.06%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Adobe” data-reactid=”145″>Adobe
The investment fund reduced its Adobe Inc. (ADBE) position by 25.03%. The portfolio was impacted by -0.41%.
The company has a market cap of $213.62 billion and an enterprise value of $213.97 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 35.54% and return on assets of 17.91% are outperforming 94% of companies in the software industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.93 is below the industry median of 2.2.
The largest guru shareholder of the company is PRIMECAP Management (Trades, Portfolio) with 2.59% of outstanding shares, followed by Fisher with 1.11%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Alphabet” data-reactid=”170″>Alphabet
The investment fund curbed its holding in Alphabet Inc. (GOOGL) by 10.53%.The portfolio was impacted by -0.38%.
The company has a market cap of $1 trillion and an enterprise value of $920 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 15.77% and return on assets of 11.7% are outperforming 77% of companies in the interactive media industry. Its financial strength is rated 9 out of 10. The cash-debt ratio of 7.5 is above the industry median of 4.37.
The largest guru shareholder of the company is PRIMECAP Management (Trades, Portfolio) with 0.25% of outstanding shares, followed by Fisher with 0.23% and Frank Sands (Trades, Portfolio) with 0.14%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Facebook” data-reactid=”195″>Facebook
The investment fund trimmed its holding in Facebook Inc. (FB) by 12.91%. The trade had an impact of -0.38% on the portfolio.
The social media company has a market cap of $744 billion and an enterprise value of $696 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 23.54% and return on assets of 18.01% are outperforming 88% of companies in the interactive media industry. Its financial strength is rated 8 out of 10 with a cash-debt ratio of 5.53.
The largest guru shareholder of the company is Chase Coleman (Trades, Portfolio)’s Tiger Global Management with 0.31% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.21% and Segalas with 0.17%.
Disclosure: I do not own any stocks mentioned.
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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This article first appeared on GuruFocus.
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