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Donald Smith Adds to JetBlue Airways, AIG

- By Tiziano Frateschi

Donald Smith & Co., which was founded by Donald Smith (Trades, Portfolio), bought shares of the following stocks during the fourth quarter:


The guru added 13.67% to his JetBlue Airways Corp. (JBLU) stake, impacting the portfolio by 0.68%.

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The investor's holding of Tutor Perini Corp. (TPC) was boosted 191.64%. The trade had an impact of 0.68% on the portfolio.

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The construction company has a market cap of $784.91 million and an enterprise value of $1.39 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 6.74% and return on assets of 2.66% are underperforming 55% of companies in the Global Engineering and Construction industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.21 is below the industry median of 0.79.

The company's largest guru shareholder is Hotchkis & Wiley with 4.92% of outstanding shares, followed by John Buckingham (Trades, Portfolio) with 3.5% and Paul Tudor Jones (Trades, Portfolio) with 0.02%.

The M/I Homes Inc. (MHO) position was expanded 26.34%, impacting the portfolio by 0.41%.

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The homebuilder has a market cap of $763.6 million and an enterprise value of $1.61 billion.

GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 13.32% and return on assets of 5.49% are outperforming 67% of the companies in the Global Residential Construction industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.03 is below the industry median of 0.35.

Chuck Royce (Trades, Portfolio) is another notable guru shareholder of the company with 1.66% of outstanding shares, followed by Hotchkis & Wiley with 0.51%, Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.4% and Ken Fisher (Trades, Portfolio) with 0.3%.

The American International Group Inc. (AIG) stake was increased by 15.4%, impacting the portfolio by 0.34%.

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The insurance and financial services company has a market cap of $37.55 billion and an enterprise value of $61.13 billion.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of -9.44% and return on assets of -1.21% are underperforming 96% of companies in the Global Insurance - Diversified industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.08 is below the industry median of 10,000.

Hotchkis & Wiley is the largest guru shareholder of the company with 2.27% of outstanding shares, followed by First Pacific Advisors (Trades, Portfolio) with 1.48%, Richard Pzena (Trades, Portfolio) with 1.36% and the Steven Romick's FPA Crescent Fund with 1.28%.

The guru added 4.5% to his Unum Group (UNM) stake, impacting the portfolio by 0.27%.

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Smith boosted his Coeur Mining Inc. (CDE) holding by 1,284.07%, expanding the portfolio by 0.19%.

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The mining company has a market cap of $1.02 billion and an enterprise value of $1.35 billion.

GuruFocus gives the company a profitability and growth rating of 3 out of 10. The return on equity of -5.18% and return on assets of -2.58% are outperforming 65% of the companies in the Global Gold industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.24 is below the industry median of 69.61.

The company's largest guru shareholder is Simons' firm with 1.44% of outstanding shares, followed by Royce with 0.61% and Pioneer Investments (Trades, Portfolio) with 0.28%.

The investor added 100.51% to the Capital Product Partners LP (CPLP) position. The trade had an impact of 0.18% on the portfolio.

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The Greek shipping company has a market cap of $277.4 million and an enterprise value of $688.24 million.

GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of -1.21% and return on assets of -0.01% are underperforming 82% of companies in the Global Shipping and Ports industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.07 is below the industry median of 0.30.

Howard Marks (Trades, Portfolio)' Oaktree Capital Management is another notable guru shareholder with 0.64% of outstanding shares, followed by the Simons' firm with 0.31% and Pioneer Investments with 0.02%.

The guru added 47.01% to his Jefferies Financial Group Inc. (JEF) position. The trade had an impact of 0.18% on the portfolio.

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The company, which operates in investment banking and capital markets, has a market cap of $6.07 billion.

GuruFocus gives the company a profitability and growth rating of 6 out of 10. While the return on equity of 10.44% is outperforming the sector, the return on assets of 2.29% is underperforming 58% of companies in the Global Asset Management industry. Its financial strength is rated 4 out of 10. The equity-asset ratio of 0.22 is below the industry median of 0.76.

With 6.02% of outstanding shares, First Pacific Advisors (Trades, Portfolio) is the company's largest guru shareholder, followed by Romick with 5.08% and Barrow, Hanley, Mewhinney & Strauss with 3.35%.

Disclosure: I do not own any stocks mentioned in this article.

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This article first appeared on GuruFocus.