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Paul Singer's Largest Sales of the 4th Quarter

- By Tiziano Frateschi

Paul Singer (Trades, Portfolio)'s Elliott Management sold shares of the following stocks during the fourth quarter.

The investor's holding of Dell-VMWare Tracking Stock (DVMT) was dissolved after Dell Technologies (DELL) bought back the shares and began trading again. The transaction had an impact of -4.23% on the portfolio.


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The NXP Semiconductors NV (NXPI) stake was closed. The trade had an impact of -4% on the equity portfolio.

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The semiconductor company has a market cap of $27.49 billion and an enterprise value of $32.24 billion.


GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 17.78% and return on assets of 9.73% are outperforming 51% of companies in the Global Semiconductors industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.38 is below the industry median of 1.69.


The company's largest guru shareholder is John Paulson (Trades, Portfolio) with 0.79% of outstanding shares, followed by Charles Brandes (Trades, Portfolio) with 0. 57 % and Pioneer Investments (Trades, Portfolio) with 0. 43 %.

The guru sold out of Ocean Rig UDW Inc. (ORIG), impacting the equity portfolio by - 2 .85%.

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The offshore drilling contractor has a market cap of $2.54 billion and an enterprise value of $2.22 billion.


GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 3.79% and return on assets of 3.05% are outperforming 64% of companies in the Global Oil and Gas Drilling industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.93 is above the industry median of 0.40.


The company's largest guru shareholder is the Third Avenue Value Fund (Trades, Portfolio) with 0.95% of outstanding shares.


Singer trimmed 11.52% off his Altaba Inc. (AABA) stake, impacting the portfolio by -0.88%.

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The independent investment management company has a market cap of $40.89 billion and an enterprise value of $45.34 billion.


GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of 41.01% and return on assets of 28.83% are outperforming 97% of companies in the Global Asset Management industry. Its financial strength is rated 3 out of 10. The debt-equity ratio of 0.07 is below the industry median of 0.33.


The largest guru shareholder is Singer with 3.68% of outstanding shares, followed by First Pacific Advisors (Trades, Portfolio) with 1.21%, PRIMECAP Management (Trades, Portfolio) with 0.97% and Steven Romick (Trades, Portfolio) with 0.79%.

The guru exited his position in Micro Focus International PLC (MFGP). The trade had an impact of -0.51% on the equity portfolio.

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The software company has a market cap of $9.44 billion and an enterprise value of $12.88 billion.


GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 12.17% and return on assets of 5.34% are outperforming 61% of companies in the Global Software - Application industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.12 is below the industry median of 5.23.


The largest guru shareholder is Dodge & Cox with 8.7% of outstanding shares, followed by PRIMECAP Management with 3.72% and Sarah Ketterer (Trades, Portfolio) with 0.22%.

Singer curbed his Citrix Systems Inc. (CTXS) stake by 14.1%. The trade impacted the equity portfolio by -0.49%.

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The provider of networking and cloud infrastructure solutions has a market cap of $14.35 billion and an enterprise value of $15.05 billion.


GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 81.95% and return on assets of 10.70% are outperforming 81% of companies in the Global Software - Infrastructure industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.63 is below the industry median of 5.23.


The company's largest guru shareholder is Singer's firm with 4.52% of outstanding shares, followed by Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.95%, Pioneer Investments with 0.17%, Joel Greenblatt (Trades, Portfolio) with 0.09% and Jeremy Grantham (Trades, Portfolio) with 0.04%.

The guru exited VMware Inc. (VMW). The trade had an impact of -0.37% on the portfolio.

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The company, which supplies server and desktop virtualization software, has a market cap of $69.55 billion and an enterprise value of $60.26 billion.


GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 15.75% and return on assets of 6.75% are outperforming 68% of companies in the Global Software - Infrastructure industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 3.19 is below the industry median of 5.23.


The largest guru shareholder is Simons' firm with 1.23% of outstanding shares, followed by PRIMECAP Management with 0.32% and Steven Cohen (Trades, Portfolio) with 0.02%.

Disclosure: I do not own any stocks mentioned.

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This article first appeared on GuruFocus.