Robert Bruce's Strategic Moves: CMS Energy Corp Sees a -1.29% Portfolio Impact

GuruFocus News

Wed, May 14, 2025, 2:01 PM 3 min read

Robert Bruce (Trades, Portfolio) precocious submitted the 13F filing for the archetypal 4th of 2025, providing insights into his concern moves during this period. Robert Bruce (Trades, Portfolio) is the laminitis of Bruce & Co, the concern steadfast that serves arsenic the advisor to the Bruce Fund (BRUFX). The Bruce Fund is tally by Robert Bruce (Trades, Portfolio) and his son, Robert Jeffrey Bruce. The Fund focuses chiefly connected communal banal investments, though it besides invests successful high-yield and distressed debt. It whitethorn put successful immoderate semipermanent U.S. authorities securities if the managers cannot find charismatic opportunities elsewhere. The Fund invests mostly successful small- and mid-cap stocks, with the occasional large-cap, arsenic good arsenic convertible and distressed bonds. The Bruces thin to clasp their stocks for the long-term, mostly preferring the securities of distressed companies that are trading astatine a important discount but which they judge tin marque a turnaround.

• Warning! GuruFocus has detected 4 Warning Signs with UHAL.B.

Robert Bruce (Trades, Portfolio) added a full of 2 stocks, among them:

• The astir important summation was The Chemours Co (NYSE:CC), with 200,000 shares, accounting for 0.87% of the portfolio and a full worth of $2.706 million.

• The 2nd largest summation to the portfolio was Venture Global Inc (NYSE:VG), consisting of 100,000 shares, representing astir 0.33% of the portfolio, with a full worth of $1.03 million.

Robert Bruce (Trades, Portfolio) besides accrued stakes successful a full of 2 stocks, among them:

• The astir notable summation was AerCap Holdings NV (NYSE:AER), with an further 33,500 shares, bringing the full to 183,500 shares. This accommodation represents a important 22.33% summation successful stock count, a 1.1% interaction connected the existent portfolio, with a full worth of $18,748,200.

• The 2nd largest summation was Fate Therapeutics Inc (NASDAQ:FATE), with an further 200,000 shares, bringing the full to 550,000. This accommodation represents a important 57.14% summation successful stock count, with a full worth of $434,500.

Robert Bruce (Trades, Portfolio) besides reduced positions successful 9 stocks. The astir important changes include:

• Reduced CMS Energy Corp (NYSE:CMS) by 60,000 shares, resulting successful a -20.98% alteration successful shares and a -1.29% interaction connected the portfolio. The banal traded astatine an mean terms of $69.84 during the 4th and has returned 0.87% implicit the past 3 months and 4.96% year-to-date.

• Reduced AT&T Inc (NYSE:T) by 100,000 shares, resulting successful a -12.94% simplification successful shares and a -0.73% interaction connected the portfolio. The banal traded astatine an mean terms of $25.15 during the 4th and has returned 3.38% implicit the past 3 months and 18.95% year-to-date.