Point72 Asset Management Cuts Micron Technology, JD.com

Steven Cohen (Trades, Portfolio)’s Point72 Asset Administration manages a $fifteen.33 billion fairness portfolio composed of

Steven Cohen (Trades, Portfolio)’s Point72 Asset Administration manages a $fifteen.33 billion fairness portfolio composed of 778 stocks as of the quarter’s conclude. The organization offered shares of the subsequent stocks throughout the second quarter.

Micron Technology

The firm’s Micron Technology Inc. (NASDAQ:MU) placement was trimmed by 98.19% The portfolio was impacted by -2.08%.

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The firm, which presents DRAM for PCs and servers, has a industry cap of $forty nine.57 billion and an enterprise value of $forty eight.fourteen billion.

GuruFocus provides the firm a profitability and expansion score of eight out of ten. The return on fairness of 6.19% and return on property of 4.fifty eight% are outperforming 53% of firms in the semiconductors marketplace. Its monetary toughness is rated 7 out of ten. The cash-credit card debt ratio of 1.2 is underneath the marketplace median of 1.five.

The premier guru shareholder of the firm is PRIMECAP Administration (Trades, Portfolio) with 4.63% of fantastic shares, adopted by David Tepper (Trades, Portfolio)’s Appaloosa with .eighty four% and the Parnassus Endeavor Fund (Trades, Portfolio) with .fifty eight%.

JD.com

The organization reduced its placement in JD.com Inc. (NASDAQ:JD) by 60.06%. The trade experienced an affect of -1.09% on the portfolio.

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The Chinese e-commerce firm has a industry cap of $a hundred and fifteen.28 billion and an enterprise value of $104.12 billion.

GuruFocus provides the firm a profitability and expansion score of 4 out of ten. The return on fairness of 24.08% and return on property of 7.87% are outperforming eighty five% of firms in the cyclical retail marketplace. Its monetary toughness is rated 6 out of ten. The cash-credit card debt ratio of 3.21 is underneath the marketplace median of .forty six.

The premier guru shareholder of the firm is Chase Coleman (Trades, Portfolio) with 3.32% of fantastic shares, adopted by Dodge & Cox with .fifty eight% and Andreas Halvorsen (Trades, Portfolio)’s Viking World wide Investors with .53%.

CSX

The organization exited its placement in CSX Corp. (NASDAQ:CSX).The portfolio was impacted by -.ninety%.

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The firm, which is focused on rail transportation and true estate in the U.S., has a industry cap of $fifty eight.29 billion and an enterprise value of $seventy two.70 billion.

GuruFocus provides the firm a profitability and expansion score of 7 out of ten. The return on fairness of 24.thirteen% and return on property of 7.52% are outperforming 88% of firms in the transportation marketplace. Its monetary toughness is rated 4 out of ten. The cash-credit card debt ratio of .fifteen is underneath the marketplace median of .29.

The premier guru shareholder of the firm is Ken Fisher (Trades, Portfolio) with .fifty eight% of fantastic shares, adopted by Jim Simons (Trades, Portfolio)’ Renaissance Technologies with .seventeen% and PRIMECAP Administration with .16%.

Bank of New York Mellon

The organization curbed its Bank of New York Mellon Corp. (NYSE:BK) keeping by 89.sixty eight%, impacting the portfolio by -.87%.

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The expenditure firm has a industry cap of $33.26 billion.

GuruFocus provides the firm a profitability and expansion score of five out of ten. Even though the return on fairness of ten.eleven% is outperforming the sector, the return on property of 1.08% is underperforming 51% of firms in the asset management marketplace. Its monetary toughness is rated 4 out of ten. The cash-credit card debt ratio of 4.fifty four is considerably underneath the marketplace median of 21.

The premier guru shareholder is Warren Buffett (Trades, Portfolio) with eight.seventeen% of fantastic shares, adopted by Dodge & Cox with 6.eleven% and First Eagle Investment (Trades, Portfolio) with 2.09%.

Just take-Two Interactive

The organization trimmed its keeping of Just take-Two Interactive Program Inc. (NASDAQ:TTWO) by eighty five.01%. The portfolio was impacted by -.87%.

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The unbiased movie sport publisher has a industry cap of $19.seventy four billion and an enterprise value of $seventeen.64 billion.

GuruFocus provides the firm a profitability and expansion score of 6 out of ten. The return on fairness of 18.83% and return on property of nine.16% are outperforming 73% of firms in the interactive media marketplace. Its monetary toughness is rated 7 out of ten. The cash-credit card debt ratio of 12.sixty two is over the marketplace median of 4.56.

The premier guru shareholder is Simons’ organization with 1.18% of fantastic shares, adopted by Pioneer Investments (Trades, Portfolio) with .53% and Daniel Loeb (Trades, Portfolio) .forty four%.

Baidu

The organization trimmed its Baidu Inc. (NASDAQ:BIDU) placement by 88.41%. The trade experienced an affect of -.83% on the portfolio.

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The Chinese internet search motor has a industry cap of $forty three.86 billion and an enterprise value of $34.08 billion.

Even though the return on fairness of 2.24% is underperforming the sector, the return on property of 1.2% is outperforming 51% of firms in the interactive media marketplace. Its monetary toughness is rated 6 out of ten with a cash-credit card debt ratio of 1.98.

The premier guru shareholder of the firm is Simons’ organization with 2.ninety% of fantastic shares, adopted by PRIMECAP Administration with 2.35% and Dodge & Cox with 1.97%.

Used Materials

The expenditure organization trimmed its placement in Used Materials Inc. (NASDAQ:AMAT) by 86.22%. The portfolio was impacted by -.78%.

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The semiconductor firm has a industry cap of $56.65 billion and an enterprise value of $57.60 billion.

GuruFocus provides the firm a profitability and expansion score of nine out of ten. The return on fairness of 36.fifty five% and return on property of fifteen.eighty four% are outperforming ninety two% of firms in the semiconductors marketplace. Its monetary toughness is rated 7 out of ten. The cash-credit card debt ratio of .83 is underneath the marketplace median of 1.five.

The premier guru shareholder of the firm is Chris Davis (Trades, Portfolio) with 1.78% of fantastic shares, adopted by PRIMECAP Administration with .59% and the Parnassus Endeavor Fund with .fifty eight%.

Disclosure: I do not individual any stocks outlined.

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