Carl Icahn’s Latest Dividend Stock Buys And His Biggest Portfolio Holdings

Carl Icahn’s recent stock buys and largest stock holdings as of Q1/2013 originally published at "long-term-investments.blogspot.com". Carl Icahn is a well known investor. He serves around USD 16.9 billion in his asset management company Icahn Capital Management LP. His asset allocation is very focused on single stocks. In total he has only 19 stock holdings of which four are new. Within the recent quarter, Icahn bought only five companies. He’s a guy who wants control and he wants to change something. In of his portfolio holdings he has a significant influence with an ownership of more than 10 percent of the outstanding capital.

From his 13 latest stock buys pay only seven dividends. Eight of them have a current buy or better rating by brokerage analysts.

Robert L. Rodriguez - FPA Capital Q4-2011 Fund Portfolio

Robert L. Rodriguez - FPA Capital Q4-2011 Fund Investing Strategies By Dividend Yield – Stock Capital, Investment. Here is a current portfolio update of Robert L. Rodriguez - FPA Capital - portfolio movements as of Q4/2011 (December 31, 2011). In total, he has 25 stocks with a total portfolio worth of USD 863,604,000.

Strategy:

Since 1984, the Fund has been managed by Robert L. Rodriguez, Director, President, and Chief Investment Officer. Two additional portfolio managers, Dennis M. Bryan and Rikard B. Ekstrand, also assist in portfolio management. Analytical support is provided by Pavan Nagpal and Steven Romick.

This price-driven equity style attempts to exploit market inefficiencies among stocks of smaller companies. Intense research is required to build the high level of knowledge and confidence necessary to realistically evaluate unpopular situations. Great attention is paid to the minimization of potential risk. The disciplined selection process is designed to minimize business risk by applying specific fundamental criteria: strong balance sheets, free cashflow, an understandable and successful business strategy under capable management, and unique business characteristics, which may include proprietary technology or a dominant market position. Qualifying companies have a history of generating high return on equity or demonstrate the potential to do so. FPA's value bias focuses on companies with long-term records; over 70% of holdings have at least 10-year histories.

Research concentrates on economic and market sectors either heavily discounted or simply ignored and involves basic computer screens for balance sheet and return data, the study of industry periodicals and research reports from select Wall Street sources, and in-depth interviews with company principals. Valuation considerations are applied to this list of potential investments, seeking to minimize market risk during the process of accumulation. New purchases are concentrated in companies with relatively low Price/Normalized Earnings, low Price/Pretax Cashflow, low Price/Book Value, low Price/Replacement Value and low Market Cap/Total Revenues. A contrarian outlook allows ownership of companies at prices already reflecting a negative perception by the marketplace. FPA believes this to be a relatively low-risk approach to the smaller cap markets given a reasonable time horizon.

Positions are reduced or eliminated when the basis for investment has been revised, the stock is selling at a significant premium P/E to the market, profitability recovery has been attained, a management disappointment without expectation of recovery has occurred, or a superior alternative value has presented itself.

The fund is generally concentrated, with 25-45 equity holdings and a maximum of 25% in an industry. Convertible securities may occasionally be held as an equity alternative. Historically, the fund has remained substantially invested; however, reserves may increase when opportunities for investment and superior values are lacking. A long-term investment horizon of 3 to 5 years and the patience and perseverance required to hold out-of-favor issues produce low portfolio turnover, with the addition of a limited number of new positions during any given year.

Robert L. Rodriguez’s fund positions as of Q4/2011 with actual share movements:

Sym - Stock	Portfolio Weight	Recent activity	Reported Price*
ESV - ENSCO PLC	10.33	0	$46.92
ARW - Arrow Electronics	9.67	0	$37.41
RDC - Rowan Cos.	9.25	0	$30.33
AVT - Avnet Inc.	8.84	0	$31.09
TRN - Trinity Industries	7.84	0	$30.06
ROSE - Rosetta Resources Inc.	7.81	Reduce 9.40%	$43.50
WDC - Western Digital	7.23	Add 4.85%	$30.95
FL - Foot Locker Inc.	5.01	Reduce 14.50%	$23.84
SIG - Signet Jewelers Ltd.	4.35	0	$43.96
AGP - AMERIGROUP Corp.	3.4	Add 12.12%	$59.08
OSK - Oshkosh Corp.	3.14	Add 1.76%	$21.38
ATW - Atwood Oceanics Inc.	2.9	Reduce 10.01%	$39.79
SM - St. Mary Land & Explor	2.89	Reduce 5.00%	$73.10
NFX - Newfield Exploration	2.82	Add 1.90%	$37.73
BHI - Baker Hughes	2.41	0	$48.64
IDCC - InterDigital Inc.	1.85	Add 303.11%	$43.57
PTEN - Patterson UTI-Energy	1.7	Reduce 37.33%	$19.98
XEC - Cimarex Energy Co.	1.65	0	$61.90
RS - Reliance Steel & Aluminum	1.55	0	$48.69
HP - Helmerich & Payne	1.21	Buy	$58.36
FII - Federated Investors Inc.	1.19	0	$15.15
VECO - Veeco Instruments	1.12	Add 105.98%	$20.80
COG - Cabot Oil & Gas	0.83	0	$75.90
ARRS - Arris Group Inc.	0.76	0	$10.82
DV - DeVRY Inc.	0.24	Buy	$38.45

Related Stock Ticker:

ESV, ARW, RDC, AVT, TRN, ROSE, WDC, FL, SIG, AGP, OSK, ATW, SM, NFX, BHI, IDCC, PTEN, XEC, RS, HP, FII, VECO, COG, ARRS, DV

Robert A. Olstein - Olstein Value Q3-2011 Fund Portfolio

Robert A. Olstein - Olstein Value Q3-2011 Fund Investing Strategies By Dividend Yield – Stock Capital, Investment. Here is a current portfolio update of Robert A. Olstein’s - Olstein Value - portfolio movements as of Q3/2011 (September 30, 2011). In total, he has 79 stocks with a total portfolio worth of USD 475,201,000.

Robert A. Olstein’s fund positions as of Q3/2011 with actual share movements:

Sym - Stock	Portfolio Weight	Recent activity	Reported Price*
INTC - Intel Corp.	2.47	Reduce 18.52%	$21.33
MSFT - Microsoft Corp.	2.42	Reduce 11.06%	$24.89
M - Macy's Inc.	2.12	Reduce 10.12%	$26.32
XRX - Xerox Corp.	2	Add 6.24%	$6.97
LM - Legg Mason	1.87	Add 1.76%	$25.71
HD - Home Depot	1.85	Add 7.23%	$32.87
HAR - Harman Int'l Industries	1.82	Add 24.28%	$28.58
XOM - Exxon Mobil Corp.	1.73	0	$72.63
DD - Du Pont (E.I.)	1.72	Reduce 2.39%	$39.97
DPS - Dr Pepper Snapple Group Inc.	1.71	Reduce 20.75%	$38.78
CSCO - Cisco Systems	1.71	Reduce 12.06%	$15.49
LOW - Lowe's Cos.	1.69	Add 7.79%	$19.34
AAPL - Apple Inc.	1.68	Reduce 25.00%	$381.19
EFX - Equifax Inc.	1.62	Add 2.04%	$30.74
ZMH - Zimmer Holdings	1.59	0	$53.50
DIS - Walt Disney Co.	1.59	Add 19.33%	$30.16
SYK - Stryker Corp.	1.57	Add 3.95%	$47.13
JLL - Jones Lang Lasalle Inc.	1.55	Add 94.52%	$51.81
ABB - ABB Ltd.	1.55	Add 21.47%	$17.08
IR - Ingersoll-Rand Plc	1.54	Add 40.54%	$28.09
LIFE - Life Technologies Corp.	1.53	Add 8.00%	$38.43
RT - Ruby Tuesday Inc.	1.52	Add 14.77%	$7.16
AVY - Avery Dennison Corp.	1.5	Add 16.39%	$25.08
TFX - Teleflex	1.47	Reduce 13.91%	$53.77
STZ - Constellation Brands	1.44	Reduce 8.21%	$18.00
TYC - Tyco International	1.42	Add 3.75%	$40.75
IGT - International Game Technology	1.42	Reduce 6.11%	$14.53
BDX - Becton Dickinson	1.42	Reduce 16.36%	$73.32
ADI - Analog Devices	1.41	Add 72.00%	$31.25
JNJ - Johnson & Johnson	1.41	Add 15.38%	$63.71
BAX - Baxter International Inc.	1.39	Reduce 7.09%	$56.14
WHR - Whirlpool Corp.	1.39	Add 20.00%	$49.91
COV - Covidien Plc.	1.37	Add 1.37%	$44.10
BLK - BlackRock Inc.	1.37	Add 10.00%	$148.00
CFN - CareFusion Corp.	1.36	0	$23.95
TMO - Thermo Fisher Scientific	1.35	Add 29.59%	$50.64
NWL - Newell Rubbermaid Co.	1.32	Add 35.90%	$11.87
SCHW - Charles Schwab	1.32	Add 18.72%	$11.27
TKR - Timken Co.	1.31	Add 29.25%	$32.82
CB - Chubb Corp.	1.31	0	$59.99
DAL - Delta Air Lines Inc.	1.3	Add 16.20%	$7.50
PETM - PETsMART Inc.	1.29	Reduce 25.66%	$42.65
AXP - American Express	1.26	Reduce 22.67%	$44.90
USB - U.S. Bancorp	1.21	Buy	$23.54
COP - ConocoPhillips	1.2	0	$63.32
ADBE - Adobe Systems	1.14	Add 17.89%	$24.17
ACN - Accenture	1.13	Reduce 2.86%	$52.68
CMI - Cummins Inc.	1.13	Add 29.41%	$81.67
ASNA - ascena retail group inc.	1.11	Add 0.78%	$27.07
MS - Morgan Stanley	1.11	Add 41.82%	$13.50
JPM - JPMorgan Chase & Co.	1.1	Add 10.13%	$30.12
SON - Sonoco Products	1.09	Add 2.81%	$28.23
TER - Teradyne Inc.	1.08	Add 7.20%	$11.01
SEE - Sealed Air Corp.	1.08	Add 12.41%	$16.70
A - Agilent Technologies	1.07	Add 174.58%	$31.25
BER - W. R. Berkley Corp.	1.07	Reduce 12.46%	$29.69
IBM - International Bus. Machines	1.03	Reduce 36.36%	$175.04
BBBY - Bed Bath & Beyond	1.03	Reduce 41.38%	$57.31
XRAY - Dentsply International	1.03	0	$30.69
TJX - TJX Companies Inc.	1.03	Reduce 29.60%	$55.47
MMM - 3M Co.	1	0	$71.79
FDX - FedEx Corp.	1	Add 32.08%	$67.69
KO - Coca Cola Co.	0.78	Reduce 40.86%	$67.56
KMB - Kimberly-Clark	0.78	Reduce 46.39%	$71.02
MCD - McDonald's Corp.	0.78	Reduce 50.59%	$87.81
HSIC - Schein (Henry) Inc.	0.78	Reduce 7.69%	$62.02
SNA - Snap-On Inc.	0.77	Buy	$44.40
ATML - Atmel Corp.	0.77	Buy	$8.07
NKE - NIKE Inc.	0.77	Add 7.50%	$85.51
ENTG - Entegris Inc.	0.77	Add 27.11%	$6.38
GPC - Genuine Parts	0.75	Add 4.48%	$50.80
PG - Procter & Gamble	0.74	Reduce 41.58%	$63.17
SPLS - Staples Inc.	0.74	Buy	$13.30
GE - General Electric	0.57	Buy	$15.24
APA - Apache Corp.	0.56	Buy	$80.24
HPQ - Hewlett-Packard	0.55	Buy	$22.45
SLB - Schlumberger Ltd.	0.54	Buy	$59.72
FCX - Freeport-McMoran Cp & Gld	0.53	Buy	$30.45
KFY - Korn/Ferry International	0.51	Buy	$12.19

Related Stock Ticker:

INTC, MSFT, XRX, M, DD, AB, LM, HAR, DPS, OSK, RT, BDX, AVY, AAPL, CSCO, TFX, XOM, ABB, LIFE, HD, LOW, ZMH, SYK, WHR, AXP, PETM, IGT, STZ, EFX, BBBY, IR, DIS, TYC, SCHW, COV, BLK, IBM, BAX, TKR, CFN, MCD, JLL, COP, TJX, ASNA, SEE, DAL, CB, JPM, KMB, TER, ACN, MS, SON, BER, TMO, MMM, KO, NWL, THG, XRAY, PG, JNJ, MA, ADBE, DGX, CMI, FDX, ADI, COL, CTAS, HSIC, ENTG, GPC, NKE, A