Artisan Partners Buys Dollar General, Sells New Oriental Education

Artisan Partners Limited Partnership has filed its form 13F detailing its newly acquired stakes, additions, reductions, and sold-out stocks. The Milwaukee-based investment management firm manages a total of $69.8 billion worth of assets, invested using twelve distinct U.S., non-U.S. and global investment strategies, through its five autonomous investment teams. The value-based investment fund has principal offices in Milwaukee, San Francisco, Atlanta, New York, and London. Artisan Partners Limited Partnership was founded in 1994 and has 276 associates.

Artisan Partners Buys Dollar General, Sells New Oriental Education

Artisan Partners Limited Partnership Portfolio

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Artisan Partners Limited Partnership is a very diversified fund, with the top ten holdings accounting for just over 17% of the overall portfolio. The firm invests across several sectors, including technology, financials, materials, industrial goods, utilities services, and health care, among others.

Its top five holding as of September 30, include Arch Capital Group Ltd. (NASDAQ:ACGL), which represents 2.38% of the overall portfolio, followed by Aon PLC (NYSE:AON), representing 2.29%, and Covidien plc (NYSE:COV), coming third with 2.155 of the portfolio. Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) and TE Connectivity Ltd. (NYSE:TEL) wrap up the top five, with 1.83% and 1.81% respectively.

Artisan Partners Limited Partnership Q3 Top New Buys

Artisan Partners Limited Partnership bought 25 new stocks during the quarter, with the biggest acquisition in terms of value invested being Autodesk, Inc. (NASDAQ:ADSK), which now represents 0.32% of the firm’s overall portfolio. The next huge acquisition was represented by Torchmark Corporation (NYSE:TMK), with 0.26%, while Dollar General Corp. (NYSE:DG) was the third top new acquisition, accounting for a 0.24% change in portfolio.

Artisan Partners also acquired a significant stake in John Malone’s Liberty Media Corp (Capital) (NASDAQ:LMCA), which triggered a 0.18% change in portfolio, while Illumina, Inc. (NASDAQ:ILMN) was also purchased, and now accounts for 0.17% of the firm’s portfolio.

Artisan Partners Limited Partnership Q3 Top Sold-out Stocks

Artisan Partners Limited Partnership sold out 21 stocks during the quarter, and Juniper Networks, Inc. (NYSE:JNPR) was represented the biggest stake cleared out, triggering a 0.33% change in portfolio. New Oriental Education & Tech Grp (NYSE:EDU) was also cleared to represent 0.27% change in the overall portfolio, while Campbell Soup Company (NYSE:CPB) was also sold out resulting in a 0.23% change in portfolio.

Other sold-out stakes include Broadcom Corporation (NASDAQ:BRCM) and Equifax Inc. (NYSE:EFX), which wrapped up the top five sold-out stakes with 0.16%, and 0.14% respectively.

Artisan Partners also added to 164 and reduced from 149 of its initial counters during the quarter.