FPA Capital Buys Frank’s International NV, Graphic Packaging Holding Co, Gentex Corp, Sells Noble En

Investment company FPA Capital buys Frank’s International NV, Graphic Packaging Holding Co, Gentex Corp, Capitol Federal Financial Inc, Matson Inc, Tenneco Inc, Cision, sells Noble Energy Inc, Patterson-UTI Energy Inc, Houghton Mifflin Harcourt Co, Helmerich & Payne Inc, Arrow Electronics Inc during the 3-months ended 2018-03-31, according to the most recent filings of the investment company, FPA Capital. As of 2018-03-31, FPA Capital owns 25 stocks with a total value of $266 million. These are the details of the buys and sells.

New Purchases: FI, GPK, GNTX, MATX, CISN, Added Positions: CFFN, TEN, SM, ARRS, AAN, RDC, VECO, Reduced Positions: NBL, PTEN, HMHC, AVT, HP, ARW, SAVE, CUB, WDC, ALGT,

For the details of FPA Capital Fund’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=FPA+Capital+Fund

These are the top 5 holdings of FPA Capital FundWestern Digital Corp (WDC) – 232,354 shares, 8.06% of the total portfolio. Shares reduced by 10.57%Cimarex Energy Co (XEC) – 200,617 shares, 7.05% of the total portfolio. Shares reduced by 5.83%ARRIS International PLC (ARRS) – 698,470 shares, 6.98% of the total portfolio. Shares added by 9.51%InterDigital Inc (IDCC) – 251,320 shares, 6.95% of the total portfolio. Shares reduced by 3.36%Noble Energy Inc (NBL) – 609,420 shares, 6.94% of the total portfolio. Shares reduced by 25.43%New Purchase: Frank’s International NV (FI)

FPA Capital initiated holding in Frank’s International NV. The purchase prices were between $5.09 and $7.97, with an estimated average price of $6.45. The stock is now traded at around $5.93. The impact to a portfolio due to this purchase was 1.99%. The holding were 973,900 shares as of 2018-03-31.

New Purchase: Graphic Packaging Holding Co (GPK)

FPA Capital initiated holding in Graphic Packaging Holding Co. The purchase prices were between $14.52 and $16.68, with an estimated average price of $15.6. The stock is now traded at around $15.91. The impact to a portfolio due to this purchase was 1.85%. The holding were 321,042 shares as of 2018-03-31.

New Purchase: Gentex Corp (GNTX)

FPA Capital initiated holding in Gentex Corp. The purchase prices were between $21.13 and $23.79, with an estimated average price of $22.76. The stock is now traded at around $24.20. The impact to a portfolio due to this purchase was 1.65%. The holding were 191,064 shares as of 2018-03-31.

New Purchase: Matson Inc (MATX)

FPA Capital initiated holding in Matson Inc. The purchase prices were between $28.1 and $37.68, with an estimated average price of $31.27. The stock is now traded at around $28.32. The impact to a portfolio due to this purchase was 1.03%. The holding were 96,140 shares as of 2018-03-31.

New Purchase: Cision Ltd (CISN)

FPA Capital initiated holding in Cision Ltd. The purchase prices were between $11.34 and $12.67, with an estimated average price of $11.89. The stock is now traded at around $11.70. The impact to a portfolio due to this purchase was 1.02%. The holding were 233,712 shares as of 2018-03-31.

Added: Capitol Federal Financial Inc (CFFN)

FPA Capital added to a holding in Capitol Federal Financial Inc by 103.57%. The purchase prices were between $12.27 and $13.74, with an estimated average price of $12.99. The stock is now traded at around $12.53. The impact to a portfolio due to this purchase was 1.48%. The holding were 623,849 shares as of 2018-03-31.

Added: Tenneco Inc (TEN)

FPA Capital added to a holding in Tenneco Inc by 51.47%. The purchase prices were between $52.09 and $64.69, with an estimated average price of $57.01. The stock is now traded at around $58.47. The impact to a portfolio due to this purchase was 1.03%. The holding were 147,270 shares as of 2018-03-31.

Reduced: Noble Energy Inc (NBL)

FPA Capital reduced to a holding in Noble Energy Inc by 25.43%. The sale prices were between $25.43 and $33.13, with an estimated average price of $30.1. The stock is now traded at around $31.10. The impact to a portfolio due to this sale was -2.14%. FPA Capital still held 609,420 shares as of 2018-03-31.

Reduced: Patterson-UTI Energy Inc (PTEN)

FPA Capital reduced to a holding in Patterson-UTI Energy Inc by 28.95%. The sale prices were between $17.19 and $24.7, with an estimated average price of $20.88. The stock is now traded at around $18.91. The impact to a portfolio due to this sale was -1.91%. FPA Capital still held 577,157 shares as of 2018-03-31.

Reduced: Houghton Mifflin Harcourt Co (HMHC)

FPA Capital reduced to a holding in Houghton Mifflin Harcourt Co by 32.89%. The sale prices were between $6.65 and $9.35, with an estimated average price of $7.91. The stock is now traded at around $7.08. The impact to a portfolio due to this sale was -1.48%. FPA Capital still held 921,480 shares as of 2018-03-31.

Reduced: Helmerich & Payne Inc (HP)

FPA Capital reduced to a holding in Helmerich & Payne Inc by 31.06%. The sale prices were between $62.64 and $74.33, with an estimated average price of $67.45. The stock is now traded at around $69.47. The impact to a portfolio due to this sale was -1.15%. FPA Capital still held 111,420 shares as of 2018-03-31.

Reduced: Arrow Electronics Inc (ARW)

FPA Capital reduced to a holding in Arrow Electronics Inc by 31.67%. The sale prices were between $74.65 and $86.94, with an estimated average price of $81.12. The stock is now traded at around $76.03. The impact to a portfolio due to this sale was -1.13%. FPA Capital still held 86,059 shares as of 2018-03-31.

Reduced: Spirit Airlines Inc (SAVE)

FPA Capital reduced to a holding in Spirit Airlines Inc by 26.37%. The sale prices were between $36.99 and $48.26, with an estimated average price of $41.95. The stock is now traded at around $35.21. The impact to a portfolio due to this sale was -1.12%. FPA Capital still held 197,293 shares as of 2018-03-31.

Here is the complete portfolio of FPA Capital Fund. Also check out:

1. FPA Capital Fund’s Undervalued Stocks
2. FPA Capital Fund’s Top Growth Companies, and
3. FPA Capital Fund’s High Yield stocks
4. Stocks that FPA Capital Fund keeps buying

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