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Murray Stahl Boosts General Electric, CACI

- By Tiziano Frateschi

The chairman, chief executive officer, chief investment officer and co-founder of Horizon Kinetics LLC., Murray Stahl (Trades, Portfolio), bought shares of the following stocks during the fourth quarter.


The guru's Cheniere Energy Inc. (LNG) stake was boosted 3,596.63%, impacting the equity portfolio by 0.49%.

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The company, which operates in LNG-related businesses, has a market cap of $16.32 billion and an enterprise value of $45.3 billion.

GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on assets of 1.84% is underperforming 87% of companies in the Global Oil and Gas Midstream industry. Its financial strength is rated 3 out of 10 with the cash-debt ratio of 0.04.

Carl Icahn (Trades, Portfolio) is the largest guru shareholder of the company with 9.10% of outstanding shares, followed by Seth Klarman (Trades, Portfolio)'s The Baupost Group with 5.53% and Jim Simons' (Trades, Portfolio) Renaissance Technologies LLC with 1.10%.

The guru added 44.25% to his class A shares of CACI International Inc. (CACI). The equity portfolio was impacted by 0.38%.

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The company, which provides information solutions and services, has a market cap of $4.47 billion and an enterprise value of $5.45 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 12.44% and return on assets of 6.40% are outperforming 66% of companies in the Global Information Technology Services industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.07 is below the industry median of 5.23.

Simons' firm is another notable guru shareholder of the company with 0.42% of outstanding shares, followed by Barrow, Hanley, Mewhinney & Strauss with 0.13%, Jeremy Grantham (Trades, Portfolio)'s GMO LLC with 0.05% and Ray Dalio (Trades, Portfolio) with 0.05%.

Stahl expanded his General Electric Co. (GE) holding by 140.9%, impacting the equity portfolio by 0.35%.

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The company, which operates power, water, oil and gas and many other areas, has a market cap of $92.72 billion and an enterprise value of $162.38 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of -47.96% and return on assets of -6.58% are underperforming 96% of companies in the Global Diversified Industrials industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.63 is below the industry median of 0.88.

The largest guru shareholder of the company is Barrow, Hanley, Mewhinney & Strauss with 1.15% of outstanding shares, followed by Hotchkis & Wiley with 0.97%, Richard Pzena (Trades, Portfolio) with 0.73% and Mason Hawkins (Trades, Portfolio) with 0.70%.

The guru bought 52,921 shares in Vanguard Extended Market (VXF), impacting the equity portfolio by 0.18%.

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The guru added 10.77% to his Franco-Nevada Corp. (FNV), impacting the equity portfolio by 0.17%.

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The gold royalty and stream company has a market cap of $14.28 billion and an enterprise value of $14.21 billion.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 4.60% and return on assets of 4.52% are outperforming 74% of companies in the Global Gold industry. Its financial strength is rated 9 out of 10 with no debt.

The company's largest guru shareholder is First Eagle Investment (Trades, Portfolio) with 2.91% of outstanding shares, followed by the Simons' firm with 1.53%.

The investment firm expanded its SPDR S&P 500 (SPY) stake by 1,456.51%. The trade had an impact of 0.15% on the equity portfolio.

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The guru bought 6,600 shares in Alleghany Corp. (Y). The trade had an impact of 0.14% on the portfolio.

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The company, which operates reinsurance and insurance operations, has a market cap of $9.09 billion and an enterprise value of $8.82 billion.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of 0.47% and return on assets of 0.16% are underperforming 82% of companies in the Global Insurance - Property and Casualty industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.62 is below the industry median of 2.82.

First Eagle Investment (Trades, Portfolio) is the company's largest guru shareholder with 4.38% of outstanding shares, followed by Chuck Royce (Trades, Portfolio) with 0.74%, Chris Davis (Trades, Portfolio) with 0.58% and Hotchkis & Wiley with 0.12%.

The holding of JPMorgan Ultra-Short Income (JPST) was boosted by 695.57%. The trade had an impact of 0.14% on the equity portfolio.

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Disclosure: I do not own any stocks mentioned.

This article first appeared on GuruFocus.