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Ken Heebner Continues to Buy Itau Unibanco, Southern Copper

- By Tiziano Frateschi

Capital Growth Management co-founder Ken Heebner (Trades, Portfolio) bought shares of the following stocks in both the second and third quarters.


Anglo American PLC (NGLOY)

In the second quarter, the guru increased his position by 69.03% and added 4.71% in the third quarter.

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With a market cap of $30 billion, the miner produces platinum, diamonds and coal. Its revenue of $27.81 billion has declined 0.20% over the last five years.

Heebner is the largest shareholder of the company among the gurus with 0.14% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.01%.

Bank Bradesco SA (BBD)

The investor boosted his holding by 196.69% in the second quarter and added 66.18% in the third quarter.

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The company, which provides insurance and banking services, has a market cap of $60.91 billion. Its revenue of $27.67 billion has grown 10.80% over the last five years.

The company's largest guru shareholder is Fisher with 0.52% of outstanding shares, followed by Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.1% and Pioneer Investments (Trades, Portfolio) with 0.03%.

Itau Unibanco Holding SA (ITUB)

Heebner boosted the position by 167.4% in the second quarter and 62.6% in the third quarter.

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The company, which offers investment banking, credit cards and related financial services, has a market cap of $80.59 billion. Its revenue of $4.39 billion has grown 9% over the last five years.

Fisher is the company's largest guru shareholder with 0.41% of outstanding shares, followed by Howard Marks (Trades, Portfolio) with 0.14%, Simons' firm with 0.08% and Dodge & Cox with 0.07%.

Petroleo Brasileiro SA Petrobras (PBR)

In the second quarter, the guru added 19.05% to the holding and another 28% in the third quarter.

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The oil and gas company has a market cap of $89 billion. Its revenue of $94.80 billion has declined 2% over the last five years.

The company's largest guru shareholder is Fisher with 0.62% of outstanding shares, followed by Simons with 0.35%, Ron Baron (Trades, Portfolio) with 0.11% and Steven Cohen (Trades, Portfolio) with 0.02%.

Southern Copper Corp. (SCCO)

The guru expanded his holding 96.81% in the second quarter and added 2.16% in the third quarter.

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With a market cap of $28.63 billion, the company mines for a variety of precious metals. Its revenue of $7.26 billion has increased 0.90% over the last five years.

With 0.59% of outstanding shares, Fisher is the company's largest guru shareholder, followed by Heebner with 0.12% and Simons' firm with 0.04%.

Norwegian Cruise Line Holdings Ltd. (NCLH)

Heebner increased his stake by 35.29% in the second quarter and by 6.52% in the third quarter.

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With a market cap of $10.92 billion, the cruise line provides vacation accommodations, spas, casinos and shopping areas. Its revenue of $5.92 billion has grown 15.30% over the last five years.

The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 2.5% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 2.42%, Baron with 0.44%, Pioneer Investments with 0.32%, Cohen with 0.09% and Julian Robertson (Trades, Portfolio) with 0.02%.

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

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This article first appeared on GuruFocus.