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Ruane, Cunniff & Goldfarb Boosts Charles Schwab, Booking Holdings

- By Tiziano Frateschi

Investment firm Ruane Cunniff (Trades, Portfolio) & Goldfarb bought shares of the following stocks during the first quarter.


The firm increased its Charles Schwab Corp. (SCHW) stake by 242.13%. The trade had an impact of 0.30% on the portfolio.

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The company, which operates in the brokerage, banking and asset management businesses, has a market cap of $57.13 billion.


GuruFocus gives the company a profitability and growth rating of 4 out of 10. While the return on equity of 17.10% is outperforming the sector, the return on assets of 1.35% is underperforming 60% of companies in the Capital Markets industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 4.77 is below the industry median of 5.11.

The company's largest guru shareholder is Dodge & Cox with 5.72% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 2.36% and Al Gore (Trades, Portfolio) with 1.57%.

The firm boosted its Booking Holdings Inc. (BKNG) position by 5.9%. The trade had an impact of 0.18% on the portfolio.

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The online travel agency has a market cap of $72.98 billion and an enterprise value of $77.25 billion.


GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 44.44% and return on assets of 17.35% are outperforming 87% of companies in the Leisure industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.50 is below the industry median of 0.71.

The largest guru shareholder is Dodge & Cox with 2.73% of outstanding shares, followed by Steve Mandel (Trades, Portfolio) with 0.71%, Chase Coleman (Trades, Portfolio) with 0.65% and Pioneer Investments (Trades, Portfolio) with 0.65%.

The firm established a new position in CarGurus Inc. (CARG), buying 354,437 shares. The portfolio was impacted by 0.14%.

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The online marketplace for buying new and used cars has a market cap of $3.86 billion and an enterprise value of $3.72 billion.

GuruFocus gives the company a profitability and growth rating of 3 out of 10. The return on equity of 42.75% and return on assets of 30.12% are outperforming 80% of companies in the Internet Content and Information industry. Its financial strength is rated 10 out of 10 with no debt.

The largest guru shareholder of the company is Jim Simons (Trades, Portfolio)' Renaissance Technologies with 1.42% of outstanding shares, followed by Ruane Cunniff with 0.32% and Pioneer Investments with 0.01%.

The firm added 2.95% to its Jacobs Engineering Group Inc. (JEC) stake. The portfolio was impacted by 0.14%.

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The company, which supplies engineering and construction services to industrial, commercial and government clients, has a market cap of $10.21 billion and an enterprise value of $12.46 billion.


GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 5.06% and return on assets of 2.31% are underperforming 66% of companies in the Engineering and Construction industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.24 is below the industry median of 0.79

The largest guru shareholder of the company is PRIMECAP Management with 5.86% of outstanding shares, followed by Barrow, Hanley, Mewhinney & Strauss with 3.56% and Chuck Royce (Trades, Portfolio) with 0.12%.

The firm boosted its Mohawk Industries Inc. (MHK) stake by 5%. The portfolio was impacted by 0.09%.

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The company, which manufactures a wide range of flooring products, has a market cap of $10.24 billion and an enterprise value of $713.41 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 10.39% and return on assets of 5.94% are outperforming 68% of companies in the Home Furnishings and Fixtures industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.03 is below the industry median of 1.05.

Another notable guru shareholder of the company is Richard Pzena (Trades, Portfolio) with 1.88% of outstanding shares, followed by Steven Romick (Trades, Portfolio) with 1.77% and John Rogers (Trades, Portfolio) with 0.78%.

The firm increased its Alibaba Group Holding Ltd. (BABA) position by 3.46%, impacting the portfolio by 0.07%.

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The Chinese e-commerce company has a market cap of $398.16 billion and an enterprise value of $406.25 billion.


GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 20.15% and return on assets of 10.22% are outperforming 82% of companies in the Specialty Retail industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.51 is above the industry median of 0.99.

The company's largest guru shareholder is PRIMECAP Management with 0.59% of outstanding shares, followed by Frank Sands (Trades, Portfolio) with 0.55% and Ken Fisher (Trades, Portfolio) with 0.45%.

The firm added 1.07% to its Credit Acceptance Corp. (CACC) stake. The portfolio was impacted by 0.05%.

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The consumer finance company has a market cap of $8.69 billion and an enterprise value of $12.82 billion.

GuruFocus gives the holding company a profitability and growth rating of 9 out of 10. The return on equity of 32.65% and return on assets of 10.09% are outperforming 87% of companies in the Credit Services industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.02 is below the industry median of 8.43.

Another notable guru shareholder of the company is Jeremy Grantham (Trades, Portfolio) with 0.29% of outstanding shares, followed by Lee Ainslie (Trades, Portfolio) with 0.07% and Simons' firm with 0.01%.

Disclosure: I do not own any stocks mentioned.

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This article first appeared on GuruFocus.