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7 Stocks First Pacific Advisors Continues to Buy

First Pacific Advisors (Trades, Portfolio) bought shares of the following stocks in both the fourth quarter of 2019 and the first quarter of 2020.


Automatic Data Processing

The firm raised the Automatic Data Processing Inc. (ADP) position by 9.26% in the fourth quarter and then added 57.29% in the first quarter.

The company, which operates in the business services industry, has a market cap of $59.70 billion. Its revenue of $14.75 billion has risen 9% over the last five years.

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Bill Nygren (Trades, Portfolio)'s Oakmark Fund is the largest guru shareholder of the company with 0.25% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.18% and Tom Gayner (Trades, Portfolio) with 0.12%.

Centene

The investment firm boosted the Centene Corp. (CNC) stake by 103.69% in the fourth quarter and 24.99% in the first quarter. The stock has a weight of 0.12% in the portfolio.

The healthcare plans provider has a market cap of $37.35 billion and an enterprise value of $44.04 billion. Its revenue of $82.22 billion has grown 19.60% over the last five years.

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The company's largest guru shareholder is Andreas Halvorsen (Trades, Portfolio)'s Viking Global Investors with 2.80% of outstanding shares, followed by Vanguard Health Care Fund (Trades, Portfolio) with 1.77%.

Salesforce.com

The firm increased the Salesforce.com Inc. (CRM) holding by 16% in the fourth quarter and raised it by 96.55% in the first quarter. The stock has a total weight of 0.02% in the portfolio.

The company, which provides enterprise cloud computing solutions has a market cap of $158.74 billion. Its revenue of $17.09 billion has grown 18.70% over the last five years.

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Ken Fisher (Trades, Portfolio) is the largest guru shareholder of the company with 1.21% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.81% and Viking Global Investors with 0.39%.

Science Applications International

In the fourth quarter, the guru increased the Science Applications International Corp. (SAIC) position by 10.8% before boosting it another 117.77% in the first quarter. The stock has a total weight of 0.09% in the portfolio.

The company, which provides technical, engineering and enterprise IT services, has a market cap of $5.13 billion. Its revenue of $6.37 billion has climbed at an average annual rate of 5.80% over the last five years.

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Other notable guru shareholders of the company include Steven Cohen (Trades, Portfolio)'s Point72 Asset Management with 0.29% of outstanding shares, PRIMECAP Management (Trades, Portfolio) with 0.26% and FPA Capital Fund (Trades, Portfolio) with 0.14%.

ServiceMaster Global Holdings

The firm bolstered the ServiceMaster Global Holdings Inc. (SERV) position by 77.18% in the fourth quarter and then boosted it by 80.17% in the first quarter. The stock has a weight of 0.19% in the portfolio.

The provider of residential and commercial real estate maintenance services has a market cap of $4.08 billion. Its revenue of $2.05 billion has fallen at an average annual rate of 7.20% over the last five years.

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The largest guru shareholder of the company is Daniel Loeb (Trades, Portfolio)'s Third Point with 2.35% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 0.73% and Mario Gabelli (Trades, Portfolio)'s GAMCO Investors with 0.51%.

Vonage Holdings

In the fourth quarter, the guru added to the Vonage Holdings Corp. (VG) position by 77.99%, then boosted it by 130.05% in the first quarter. The stock has a weight of 0.11% in the portfolio.

The technology company has a market cap of $2.39 billion. Its revenue of $1.20 billion has grown at an average annual rate of 3.80% over the last five years.

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The largest guru shareholder of the company is Cohen'sfirm with 0.90% of outstanding shares, followed by FPA Capital Fund (Trades, Portfolio) with 0.44% and Paul Tudor Jones (Trades, Portfolio) with 0.06% and Pioneer Investments (Trades, Portfolio) with 0.04%.

The Home Depot

The guru bolstered The Home Depot Inc. (HD) position by 5.24% in the fourth quarter and then raised it by 53.09% in the first quarter. The stock has a weight of 0.01% in the portfolio.

The home improvement specialty retailer has a market cap of $265.69 billion. Its revenue of $112.10 billion has risen at an average annual rate of 10.50% over the last five years.

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Other notable shareholders include Fisher with 0.58% and Pioneer Investments (Trades, Portfolio) with 0.49%.

PayPal Holdings

The firm bolstered the PayPal Holdings Inc. (PYPL) stake by 7.11% in the fourth quarter and 47.84% in the first quarter. The stock has a weight of 0.02% in the portfolio.

The electronic payment solutions provider has a market cap of $171.35 billion and an enterprise value of $169.18 billion. Its revenue of $18.26 billion has risen 18.40% over the last five years.

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The company's largest guru shareholder is Fisher with 0.60% of outstanding shares, followed by Steve Mandel (Trades, Portfolio) with 0.45%.

Disclosure: I do not own any stocks mentioned.

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This article first appeared on GuruFocus.