Greenhaven Associates Inc is run by Edgar Wachenheim with current portfolio of $5.20 billion and FedEx Corporation (NYSE:FDX), Lowe’s Companies, Inc. (NYSE:LOW), Baker Hughes Incorporated (NYSE:BHI) are among its primary stock holdings. As per the recent SEC 13F filing of Greenhaven Associates on October 30, 2014, its primary investments are in transport and energy sector.
FedEx Corporation (NYSE:FDX) is the primary stock holding of Greenhaven Associates Inc with 4,554,394 shares of the company at current market value of $735 million. FedEx Corporation (NYSE:FDX) reported its first quarter 2015 financial results with net revenue of $11.7 billion along with the net income of $606 million. Some of the primary investors of FedEx Corporation (NYSE:FDX) include Southeastern Asset Management, Greenhaven Associates, and Bill & Melinda Gates Foundation Trust.
Greenhaven Associates Inc has its second largest stock holding in Lowe’s Companies, Inc. (NYSE:LOW) with 11,295,132 shares of the company at the market value of $597 million. The building material company is likely to announce its third quarter 2014 financial results on November 19, 2014. Some of the major investors of the company include Viking Global, Greenhaven Associates, and Iridian Asset Management.
Baker Hughes Incorporated (NYSE:BHI) comes at number three in Greenhaven Associates’ stock investments with 9,172,957 shares of the company at current value of $596 million. Baker Hughes Incorporated (NYSE:BHI) announced its third quarter 2014 results with record revenue of $6.25 billion along with GAAP net income of $375 million.
It was record revenue for Baker Hughes in terms of its revenue, EBITDA and cash flow as well. The oil company invested $200 million into its share repurchase program during this quarter. Greenhaven Associates is the largest investor in Baker Hughes Incorporated (NYSE:BHI) with Citadel Investment Group and Pzena Investment Management among other primary investors.
This article was written by Prakash Pandey.