SecurityABC / AmerisourceBergen Corp.
InstitutionBridgewater Associates, LP
ManagerRay Dalio, Bob Prince
Shares26,062
Value $ 2,222,000
Related 03073EAF2 / Amerisourcebergen 5.875% Notes 9/15/15
03073EAJ4 / Amerisourcebergen Corp 3.50% Senior Notes 11/15/21
03071PAD4 / AmerisourceBergen Corp. Bond
03073EAG0 / Amerisourcebergen Corp Senior Notes 4.875% 11/15/19

Bridgewater Associates, LP reports 86.78% decrease in ownership of ABC / AmerisourceBergen Corp.

August 13, 2018 - Bridgewater Associates, LP has filed a 13F-HR form disclosing ownership of 26,062 shares of AmerisourceBergen Corp. (NYSE:ABC) with total holdings valued at $2,222,000 USD as of June 30, 2018. Bridgewater Associates, LP had filed a previous 13F-HR on May 15, 2018 disclosing 197,132 shares of AmerisourceBergen Corp. at a value of $16,995,000 USD. This represents a change in shares of -86.78 percent and a change in value of -86.93 percent during the quarter.

Other investors with positions similar to Bridgewater Associates, LP include Mackay Shields Llc, Two Sigma Securities, Llc, Coldstream Capital Management Inc, Mackenzie Financial Corp, Midas Management Corp, and Stifel Financial Corp.

AmerisourceBergen Corp. has declared a standard industrial code (sic) of 5122 which is the "Drugs, Drug Proprietaries, and Druggists' Sundries" industry. Bridgewater Associates, LP's top industries are "Printing, Publishing, And Allied Industries" (sic 27), "Rubber And Miscellaneous Plastics Products" (sic 30), and "Stone, Clay, Glass, And Concrete Products" (sic 32).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR AMERISOURCEBERGEN COM 03073E105 85.73 26,062 -86.78 2,222 -86.93 -14,667 -106 -0.63
2018-03-31 13F-HR AMERISOURCEBERGEN COM 03073E105 89.00 197,132 971.43 16,995 906.22 15,908 -602 -35.65
2017-12-31 13F-HR AMERISOURCEBERGEN COM 03073E105 18,399 1,689 1,689 0
2017-09-30 13F-HR AMERISOURCEBERGEN COM 03073E105 0 -100.00 0 -100.00 -2,057 0
2017-06-30 13F-HR AMERISOURCEBERGEN COM 03073E105 91.52 21,760 -75.51 2,057 -73.85 -6,141 333 4.24
2017-03-31 13F-HR AMERISOURCEBERGEN COM 03073E105 83.35 88,867 -38.34 7,865 -30.21 -4,605 1,201 10.66
2016-12-31 13F-HR AMERISOURCEBERGEN COM 03073E105 79.49 144,118 41.03 11,269 36.51 3,333 -319 -3.86
2016-09-30 13F-HR AMERISOURCEBERGEN COM 03073E105 80.05 102,192 -67.97 8,255 -67.38 -17,363 308 1.22
2016-06-30 13F-HR AMERISOURCEBERGEN COM 03073E105 82.94 319,092 30.78 25,310 19.85 6,228 -2,036 -9.64
2016-03-31 13F-HR AMERISOURCEBERGEN COM 03073E105 95.13 243,992 317.19 21,118 248.19 17,647 -2,594 -42.77
2015-12-31 13F-HR AMERISOURCEBERGEN COM 03073E105 99.35 58,485 23.27 6,065 34.57 1,097 461 10.23
2015-09-30 13F-HR AMERISOURCEBERGEN COM 03073E105 100.67 47,443 12.04 4,507 0.09 513 -509 -11.31
2015-06-30 13F-HR AMERISOURCEBERGEN COM 03073E105 110.01 42,343 -38.31 4,503 -42.28 -2,892 -407 -5.21
2015-03-31 13F-HR AMERISOURCEBERGEN COM 03073E105 101.92 68,633 681.34 7,802 885.10 6,100 910 114.92
2014-12-31 13F-HR AMERISOURCEBERGEN COM 03073E105 77.88 8,784 -69.80 792 -58.49 -1,581 465 24.39
2014-03-31 13F-HR AMERISOURCEBERGEN COM 03073E105 67.96 29,089 449.99 1,908 412.90 1,618 -82 -21.92
2013-12-31 13F-HR AMERISOURCEBERGEN COM 03073E105 65.72 5,289 -88.47 372 -86.73 -2,668 236 8.42
2013-09-30 13F-HR AMERISOURCEBERGEN COM 03073E105 58.46 45,889 65.99 2,804 81.72 1,067 194 12.60
2013-06-30 13F-HR AMERISOURCEBERGEN COM 03073E105 27,645 1,543

Related SEC Filings

ABC / AmerisourceBergen Corp. / VANGUARD GROUP INC - 3G/A (Passive Investment)

2018-02-14 sec.gov
amerisourcebergencorp.htm - Generated by SEC Publisher for SEC Filing SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   Schedule 13G   Under the Securities Exchange Act of 1934 (Amendment No.: 12 )*       Name of issuer:  AmerisourceBergen Corp     Title of Class of Securities:  Common Stock     CUSIP Number:  03073E105     Date of Event Which Requires Filing of this Statement: December 31, 2017   Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

ABC / AmerisourceBergen Corp. / VANGUARD GROUP INC - 3G/A (Passive Investment)

2018-02-14 sec.gov
amerisourcebergencorp.htm - Generated by SEC Publisher for SEC Filing SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   Schedule 13G   Under the Securities Exchange Act of 1934 (Amendment No.: 12 )*       Name of issuer:  AmerisourceBergen Corp     Title of Class of Securities:  Common Stock     CUSIP Number:  03073E105     Date of Event Which Requires Filing of this Statement: December 31, 2017   Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

ABC / AmerisourceBergen Corp. / BlackRock Inc. - 3G/A (Passive Investment)

2018-02-08 sec.gov
us03073e1055_012418.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9) AMERISOURCEBERGEN CORPORATION -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 03073E105 -------------------------------------------------------- (CUSIP Number) December 31, 2017 ----------------------------------------

ABC / AmerisourceBergen Corp. / BlackRock Inc. - 3G/A (Passive Investment)

2018-02-08 sec.gov
us03073e1055_012418.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9) AMERISOURCEBERGEN CORPORATION -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 03073E105 -------------------------------------------------------- (CUSIP Number) December 31, 2017 ----------------------------------------

AmerisourceBergen 3G/A (Passive Acquisition of More Than 5% of Shares)

2017-02-09 sec.gov
amerisourcebergencorp.htm - Generated by SEC Publisher for SEC Filing SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   Schedule 13G   Under the Securities Exchange Act of 1934 (Amendment No.: 11 )*       Name of issuer:  AmerisourceBergen Corp     Title of Class of Securities:  Common Stock     CUSIP Number:  03073E105     Date of Event Which Requires Filing of this Statement: December 31, 2016   Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Related News Stories

The Wall Street Journal: Ex-COO of AmerisourceBergen says he blew whistle that led to $625 million settlement

2018-10-02 marketwatch
The former chief operating officer of an AmerisourceBergen Corp. unit said he revealed information that led to the company’s $625 million settlement with federal and state authorities over allegations that the firm distributed adulterated and misbranded pharmaceuticals. (3-0)

UPDATE 3-AmerisourceBergen to pay $625 mln in U.S. civil fraud settlement

2018-10-01 reuters
NEW YORK (Reuters) - AmerisourceBergen Corp, one of the largest U.S. drug wholesalers, will pay $625 million to resolve civil fraud charges over the sale of syringes containing drugs for cancer patients, double billing, and providing kickbacks to doctors. (3-0)

UPDATE 1-AmerisourceBergen in $625 mln drug distribution settlement

2018-10-01 reuters
NEW YORK (Reuters) - AmerisourceBergen Corp, one of the largest U.S. drug wholesalers, will pay the federal and state governments $625 million to resolve civil claims over its illegal distribution of adulterated and misbranded drugs, including syringes for cancer patients, New York’s attorney general said on Monday. (3-0)

AmerisourceBergen in $625 mln drug distribution settlement, New York says

2018-10-01 reuters
NEW YORK, Oct 1 (Reuters) - AmerisourceBergen Corp will pay the U.S. government and various states $625 million to resolve claims over the illegal distribution of adulterated and misbranded drugs, New York Attorney General Barbara Underwood said on Monday. (3-0)

McKesson: Good Enough To Be Great Value

2018-09-25 seekingalpha
McKesson has a strong competitive position with barriers to entry from scale, expertise, buying power and thin margins. (22-0)



CUSIP: 03073E105