Latest news with #Herro
Yahoo
29-05-2025
- Business
- Yahoo
David Herro's Strategic Moves: BNP Paribas Reduced by 1.5%
David Herro (Trades, Portfolio) recently submitted the N-PORT filing for the first quarter of 2025, providing insights into his investment moves during this period. David Herro (Trades, Portfolio) has been a manager of the Oakmark International Fund (OAKIX) since 1992, the Oakmark International Small Cap Fund (OAKEX) since 1995, and the Oakmark Global Select Fund (OAKWX) since 2006. He is also the Chief Investment Officer for International Equities at Harris Associates, which he joined in 1992. His career honors include being named Morningstar's International Stock Fund Manager of the Year in 2006 and International Stock Fund Manager of the Decade for 2000-09. Mr. Herro has an M.A. in Economics from the University of Wisconsin-Milwaukee (1985) and a B.S. in Business/Economics from the University of Wisconsin-Platteville (1983). His investment philosophy focuses on buying businesses trading at a significant discount to intrinsic value, investing in companies expected to grow shareholder value, and partnering with management teams that act as owners. Warning! GuruFocus has detected 6 Warning Sign with XPAR:BNP. David Herro (Trades, Portfolio) added a total of 5 stocks, among them: The most significant addition was Flutter Entertainment PLC (NYSE:FLUT), with 390,700 shares, accounting for 0.67% of the portfolio and a total value of $86,559,590 million. The second largest addition to the portfolio was Asahi Group Holdings Ltd (TSE:2502), consisting of 3,475,700 shares, representing approximately 0.35% of the portfolio, with a total value of ?44,407,520. The third largest addition was Lvmh Moet Hennessy Louis Vuitton SE (XPAR:MC), with 23,600 shares, accounting for 0.11% of the portfolio and a total value of 14,614,960. David Herro (Trades, Portfolio) also increased stakes in a total of 11 stocks, among them: The most notable increase was KB Financial Group Inc (XKRX:105560), with an additional 2,751,300 shares, bringing the total to 3,153,700 shares. This adjustment represents a significant 683.72% increase in share count, a 1.16% impact on the current portfolio, with a total value of ?170,942,240. The second largest increase was Ashtead Group PLC (LSE:AHT), with an additional 2,377,787 shares, bringing the total to 3,803,900. This adjustment represents a significant 166.73% increase in share count, with a total value of 205,664,490. David Herro (Trades, Portfolio) completely exited 4 holdings in the first quarter of 2025, as detailed below: Liberty Global Ltd (NASDAQ:LBTYA): David Herro (Trades, Portfolio) sold all 5,227,791 shares, resulting in a -0.45% impact on the portfolio. Bunzl PLC (LSE:BNZL): David Herro (Trades, Portfolio) liquidated all 411,500 shares, causing a -0.11% impact on the portfolio. David Herro (Trades, Portfolio) also reduced positions in 53 stocks. The most significant changes include: Reduced BNP Paribas (XPAR:BNP) by 3,657,884 shares, resulting in a -38.33% decrease in shares and a -1.5% impact on the portfolio. The stock traded at an average price of 69.43 during the quarter and has returned 11.85% over the past 3 months and 37.62% year-to-date. Reduced CNH Industrial NV (NYSE:CNH) by 14,278,300 shares, resulting in a -31.24% reduction in shares and a -1.08% impact on the portfolio. The stock traded at an average price of $12.54 during the quarter and has returned 0.05% over the past 3 months and 13.74% year-to-date. At the first quarter of 2025, David Herro (Trades, Portfolio)'s portfolio included 70 stocks. The top holdings included 3.83% in BNP Paribas (XPAR:BNP), 3.67% in Bayer AG (XTER:BAYN), 3.17% in Kering SA (XPAR:KER), 3.01% in CNH Industrial NV (NYSE:CNH), and 2.98% in Continental AG (XTER:CON). The holdings are mainly concentrated in 9 of the 11 industries: Industrials, Financial Services, Consumer Cyclical, Healthcare, Consumer Defensive, Technology, Basic Materials, Communication Services, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus.
NBC Sports
13-05-2025
- Sport
- NBC Sports
Miami Heat 2024-2025 fantasy basketball season recap: Tyler Herro shines through Jimmy Butler saga
While the NBA Playoffs are in full swing, now is a good time to recap the fantasy basketball season for all 30 teams. In the following weeks, we will provide a recap for each team, starting with the team with the worst record and concluding with the NBA champion in June. With the Jimmy Butler era officially over, Pat Riley has some decisions to make about the future of this team. Miami Heat 2024-25 Season Recap Record: 37-45 (10th, East, lost in first round) Offensive Rating: 106.7 (29th) Defensive Rating: 115.7 (24th) Net Rating: -19.1 (27th) Pace: 98.22 (23rd) 2024 Draft Picks: 20 While the Heat were able to keep their playoff streak alive, this was a disappointing season for the franchise. Their 37 wins were the fewest by the team since the 2014-15 season, which was the year after LeBron James left to go back to Cleveland. Of course, they also traded away Jimmy Butler after his dramatic feud with Pat Riley. It took time for head coach Erik Spoelstra to pick up the pieces, but they were able to close out the regular season well and beat the Bulls and Hawks in the play-in tournament before getting swept by the Cavaliers in the first round. So where do they go from here? #HeatCulture has been able to keep this team competitive for Spoelstra's entire tenure with the team, even when they were in between stars. Riley said the team 'probably won't run it back' with what they had this season. The Heat don't have extra assets to make big moves, but they will likely make chances to improve this team's chances of winning next season. Don't expect this team to enter a rebuild. Fantasy Standout: Tyler Herro Despite the saga surrounding Jimmy Butler, Herro was able to have the best season of his career. He averaged 23.9 points, 5.2 rebounds, 5.5 assists and 3.3 three-pointers per game, which led to the first All-Star appearance of his career. Herro provided third-round value and set new career-highs for points, assists and threes per game while also posting the best field goal percentage of his career. Herro was fantastic in the play-in tournament, though he struggled in Miami's loss to Cleveland in the first round. Still, with the way the roster is currently constructed, Herro will continue to be the leader on offense moving forward. Is that enough for Miami to contend the way they'd like to? Probably not, but it will work out well for him in fantasy. Herro took a legitimate step forward as a player this season, and he was one of the few players on the Heat who were actually worth rostering in standard leagues. TYLER HERRO HITS 3 STRAIGHT THREES TO SEND GAME TO OT 🤯 HE'S MADE A CAREER-HIGH 10 SO FAR TONIGHT Fantasy Revelation: Kel'el Ware As the Heat's earliest draft pick since Tyler Herro (13), the expectations were high for Ware. The 15th overall pick ended up taking advantage of an increased role and averaged 9.3 points, 7.4 rebounds and 1.1 blocks in 22.2 minutes per game as a rookie. Ware's role was inconsistent, but he had some incredible stretches that provided plenty of optimism for his future in the league. Miami doesn't pick early often, but when they do, it tends to work out well. Their last three picks in three picks in the top 15 have been Ware, Herro and Bam Adebayo. As a starter, Ware averaged 10.8 points, 10.0 rebounds and 1.3 blocks in 28.4 minutes per game. Having him as a center alongside Adebayo was an experiment that worked out well. The Heat haven't had much center depth when Bam isn't on the floor in recent seasons, and Ware fills that role perfectly. Among Miami's pieces for the future, Ware is one of the brightest. 7-footer Kel'el Ware, 20, has averaged 14.2 PPG on 69.2% TS, 10.2 RPG, 1.0 SPG, 1.4 BPG over his last five games ⬇️ Fantasy Disappointment: Terry Rozier With a Yahoo! ADP of 106.7, Rozier certainly didn't live up to those expectations. He finished outside the top-250 in nine-cat leagues with averages of 10.6 points, 3.7 rebounds, 2.6 assists and 1.4 triples per game. Rozier was entirely out of the rotation for most of March and April and didn't see the floor at all during the postseason. Rozier still has one more season on his contract before he enters free agency, and with the way things ended this season, the odds of him playing enough to earn a nice payday are low. Rozier had been a top-100 player in five straight seasons before this year, which was why his dramatic fall from grace came out of nowhere. Rozier is also under investigation for 'potentially manipulating his performance as part of an illegal sports betting scheme in a 2023 game for the Hornets.' It's a situation that is worth monitoring, with Jontay Porter receiving a lifetime ban from the NBA because of his involvement in a similar issue. Fantasy Recaps/Look-Aheads Bam Adebayo Things started off slow for Adebayo, but he ended up figuring things out and had a strong season. He averaged 18.1 points, 9.6 rebounds, 4.3 assists, 1.3 steals and 1.0 triple in 34.3 minutes per game. Adebayo's points and rebounds took a hit, but his assists were the highest they've been since the 2020-21 season. Bam is an excellent playmaker for a center, and with Jimmy Butler gone, he'll continue to see his playmaking opportunities increase next season. Adebayo is an incredible piece for the Heat to have, and he is one of the best defenders in the league. He represents everything they want to be, but he isn't enough to make this team a contender on his own. The combo of Bam and Herro is a strong one, but they need more to truly contend. However, that doesn't mean they'll be able to bring that player in this summer. Barring major changes, Adebayo and Herro will be the 1A and 1B on this team, with Bam taking on more leadership on the defensive end while still being involved on the offense. He became a legitimate three-point threat this season, and while that did result in the worst field goal percentage of his career, he was a more dynamic player on offense. He may never become a high-volume sharpshooter, but his ability to space the floor opens things up for the rest of the team. Andrew Wiggins As part of the Butler trade package, Wiggins was sent to Miami after spending the last few seasons in Golden State. In 17 appearances for the Heat, Wiggins averaged 19.0 points, 4.2 rebounds, 3.3 assists, 1.2 steals, 1.0 block and 2.1 threes per game. He has two more seasons left on his contract, with the second year as a player option. Assuming he isn't on the move again, Wiggins should be a productive option next season. He really struggled during the 2023-24 season after a phenomenal campaign before that, and he was back to being an average contributor this past season. However, his production did increase with the Heat, and he was prioritized more than he was with the Warriors this season. He hasn't been a great option in nine-cat leagues for most of his career, but his current situation in Miami is a favorable one for him. However, that doesn't mean he's a lock to stick on this roster, especially if a better player becomes available. Nikola Jovic Limited to 46 games because of a hand injury, Jovic still had a decent year for Miami. He averaged 10.7 points, 3.9 rebounds, 2.8 assists and 1.7 threes in 24.6 minutes per game. Those marks allowed him to finish inside the top 200 in nine-cat scoring for the first time in his young career. Jovic will turn 22 in June and still has plenty of untapped potential. He has been able to showcase his upside in spurts, but the hand injury in February derailed a golden opportunity for him to step up after the Jimmy Butler trade. Entering next season, Jovic is one of the few young players with upside on Miami's roster. He is worth stashing in dynasty formats and could take a leap as soon as next season. The Heat have a lot of questions to answer about their future, but Jovic does provide a glimmer of hope for the future, whether he is allowed to develop or used as a trade piece to help bring in a new star to get this team back to being a contender in the East. Davion Mitchell After starting off the season in Toronto, Mitchell was traded to the Heat at the trade deadline for PJ Tucker and a future second-round pick. He made 30 appearances for Miami and averaged 10.3 points, 2.7 rebounds, 5.3 assists, 1.4 steals and 1.4 threes per game. Mitchell was in and out of the starting lineup for the Raptors, but he immediately entered the starting lineup for Miami. He didn't maintain that role for the rest of the season, but he had a lot of success as a reserve, which carried over into the postseason. He had at least five assists in all six of his postseason games and at least 15 points in the first five. A restricted free agent, Mitchell could be a decent late-round swing next season if he is back with the Heat. Duncan Robinson The veteran three-point marksman continues to play a large role for Miami. He played 24.1 minutes per game this season, averaging 11.0 points, 2.3 rebounds, 2.4 assists and 2.6 threes per game. Robinson finished just outside the top-150 in nine-cat leagues last season, but he was closer to the top-250 mark this year. All of his numbers took a hit, including his minutes per game. Robinson will likely pick up his $19.9 million player option for next season, but after that, his sizable contract will be off the books for Miami. Whether he stays or not, Robinson's game doesn't translate well in fantasy basketball, unless you're desperate for three-pointers. Jaime Jaquez Jr. After a strong rookie season, Jaquez Jr. saw his role decrease in year two. He averaged 8.6 points, 4.4 rebounds and 2.5 assists in 20.7 minutes per game. When he was given the opportunity, Jaquez Jr. did have some strong stat lines, including a 16/12/10/5 line in January and a 41/10/7 line in the regular season finale. However, he wasn't part of the team's rotation during the 2023 first-round pick should continue to be a nice depth piece for them, and at 24 years old, there is still room for him to improve. Still, it was disappointing to see his role get smaller after he made the All-Rookie First Team the season before. There should be much optimism surrounding him entering next season. Haywood Highsmith Highsmith continues to play a significant role for Miami as a glue guy, though it hasn't translated to much success in the box score. He averaged 6.5 points, 3.4 rebounds, 1.5 assists and 1.2 triples per game this season. Highsmith is under contract for one more season at $5.6 million before he'll enter unrestricted free agency. He should earn a decent payday, but it's unlikely that he'll ever become much of a factor in fantasy basketball. Kyle Anderson Anderson was sent to Miami as part of the Butler trade after signing with the Warriors last summer. He averaged 6.7 points, 3.8 rebounds and 2.6 assists in 25 appearances for the Heat. Anderson is still under contract for two more seasons, but he may not factor into their future plans. Whether he remains in Miami or plays elsewhere, Anderson isn't going to be much of a factor in fantasy basketball. Restricted Free Agents: Davion Mitchell, Josh Christopher, Dru Smith, Isaiah Stevens Unrestricted Free Agents: Alec Burks Player Option: Duncan Robinson Team Option: Keshad Johnson
Miami Herald
11-05-2025
- Sport
- Miami Herald
Greg Cote's Poll Dance: Should Miami Heat build around Herro/Bam or reboot with major move? Vote now!
Miami Heat president Pat Riley in his season-ending media chat sent a bit of a mixed, vague message, I thought. He mentioned the need for changes -- which you'd certainly expect after being swept from the first round by Cleveland, losing the last game by 55 points and being outscored by 122 over four games. He specifically said the team would not 'run it back.' But he also stressed praise for the core of Tyler Herro and Bam Adebayo (especially Herro) as well as for promising young players like Kel'el Ware, implying that was something to build around, not blow up. He also noted that, in the modern NBA, the Heat would need a possibly available superstar (like Giannis Antetokounmpo; my example, not his) to want the Heat, and then involve other teams to make a deal happen. It would be complicated. What I inferred was a likelihood Miami will build around Herro/Adebayo, not go whale-hunting. I may be wrong. This offseason will tell. The question here, in our latest Poll Dance: What do you want the Heat to do or think they should? Vote as many times as you'd like or until your fingers get tired. GREG COTE POLL DANCE: What would you prefer Heat do this offseason?: Previous Poll Dance verdict: Dolphins draft grade close, but 'C' edges 'B': We asked, 'How would you grade the Miami Dolphins' 2025 NFL Draft?' You said: 'C/Average' 43%, 'B/Above average' 36%, 'D/Below average' 13%, 'A/Excellent' 7%. Overall it was average-or-below beating excellent-or-above average, 56-43%. (Extra-big response to this one! Thanks.)
Miami Herald
10-05-2025
- Sport
- Miami Herald
Heat's Pat Riley addresses Tyler Herro extension possibility: ‘We haven't committed to it'
Last year, Miami Heat president Pat Riley used his season-ending news conference to challenge Heat guard Tyler Herro by labeling him as 'fragile' because of his injury issues. This year, Riley used his season-ending session with the media to show his appreciation for Herro. 'He's one of the most ignitable guys offensively in the league and we're happy to have him,' Riley said when asked about Herro during his 43-minute season-ending news conference on Friday in the Kaseya Center media room. 'He's 25, 26 years old. He's coming off an All-Star year. He was voted in by the coaches and that means something. And so he's pivotal for us as an offensive player. ... Tyler is a player, and I hope he can stay here the rest of his career and that we can build a team that he's a part of.' But that doesn't necessarily mean Riley and the Heat plan to offer Herro an extension when he becomes eligible for one at the start of October. In fact, Riley hinted the Heat may wait until next offseason to address a potential Herro extension. 'Pay me now or pay me later, whatever it is,' Riley said. 'We've already talked about it. I talked about it with Tyler, and so we'll see what happens as we plan. The numbers are getting pretty big for a lot of guys. Max salaries in this league, who do they go to? I mean, who do they go to and who is really? If you're going to make $70 million a year, who are those five or 10 guys that deserve that? But Tyler definitely is deserving of the thought of an extension. But are we going to do it? We haven't committed to it, but we're going to discuss it and I've already talked to him about it. He's cool.' Starting Oct. 1, Herro is eligible to tack on a three-year, $149.7 million extension to the two seasons ($31 million for the 2025-26 season and $33 million for the 2026-27 season) he already has left on his contract. If an agreement is not reached on an extension by Oct. 20, Herro would be eligible to sign a four-year, $206.9 million extension during the 2026 offseason. He is supermax eligible (five years, $380 million) if he is selected for an All-NBA team during the 2025-26 season. 'We will see what happens,' Herro, 25, said April 30 on exit interview day when asked about the possibility of signing an extension with the Heat this offseason. 'If it doesn't get done in October, then we can get it done next summer. It will just be a little bit higher of a price.' Riley appreciated the fact that Herro didn't put public pressure on the Heat to offer an extension this offseason. 'I think he answered that question perfectly last week,' Riley said. 'He's OK.' Herro is coming off the best season of his six-year NBA career, averaging career-highs in points (23.9 points per game) and assists (5.5 per game) while shooting a career-best 47.2 percent from the field this regular season. He was selected for his first NBA All-Star Game this season. Herro also responded to Riley's 'fragile' label by playing in a career-high 77 games this regular season after never reaching the 70-game mark through his first five NBA seasons. But Herro struggled to play as the Heat's No. 1 option in this year's playoffs following the mid-season trade of Jimmy Butler. With the Cleveland Cavaliers face-guarding Herro for the final two games of their first-round sweep of the Heat, Herro totaled just 17 points on 23 field-goal attempts over those two contests. 'It's a whole other world that he's in now,' Riley said. 'So people will sacrifice so much on defense just to wear him out that sometimes it's strange for your other four players to say, 'God, we can't even get him the ball.' So those are the things that coach is very good at and has to really identify and reconcile. And then Tyler simply has to learn how to be a great player like Steph [Curry] is when he gets that treatment and to be able to still score. There are going to be nights when he's going to have those 4-for-20 games, he's just one of those guys. But I'm glad that we got him.' While Riley knows there must be changes to the Heat's roster after being eliminated in the first round of the playoffs in each of the last two seasons, it appears he's also ready to move forward with the the leading duo of Bam Adebayo and Herro. The question is can the Heat add a star this summer to make it a leading trio. 'We got [Herro] and Bam at the right time and we're going to move forward with them,' Riley said.
Yahoo
09-05-2025
- Sport
- Yahoo
Heat offseason outlook: Miami needs more than culture to get out of basketball purgatory
After a series that went pretty much as expected — OK, it did get out of hand at the end — the Miami Heat's season is over at the hands of the much better, more efficient and more appealing Cleveland Cavaliers. In fairness, this team never stood a chance. Not really. It fought valiantly through the play-in tournament, and it seems to have found something in Davion Mitchell, but nothing about this team screams high ceiling, especially after trading Jimmy Butler at the deadline — and maybe even before that. Despite the eternal presence of #HeatCulture, this team lacks quality and depth to make a real run in the playoffs. For crying out loud, Swedish guard Pelle Larsson got first-quarter minutes in the deciding Game 4. Skämtar du med mig?! Miami appears to be stuck in the middle, with very little flexibility moving forward. The Heat don't have their own pick this year, and while Bam Adebayo, Tyler Herro and Andrew Wiggins are rock-solid players, combined they're unspectacular. More than ever, the nuclear option is enticing. Well, for anyone but the Heat. We'll get back to that. The Heat can ask for the moon for Adebayo and probably get it. Herro would also bring in a fairly significant haul. Wiggins is outproducing his contract, meaning he too is an asset. Standing in the way of a full teardown is the culture itself. The Heat are adamant about not tanking and wish to remain competitive until they're forced into a corner where that's no longer sustainable. While many would argue the Heat have painted themselves into a corner, the organization itself isn't likely to look at it that way, and that's despite stumbling onto a future building block in rookie big man Kel'el Ware. So, uh, expect much of the same next season. 2024-2025 record: 37-45 While the improved play of Herro deserves recognition, it's the revelation of Ware. It's not every day you find a legit 7-footer with an inside-outside game and defensive upside. The Heat, assuming they wish to keep this current train running, need a no-nonsense No. 1 guy who can be the primary playmaker. That's a tall task, as Tyrese Haliburton, Tyrese Maxey or any other Tyrese isn't walking through that door. The Heat can try to trade for one by relinquishing the two remaining tradable picks they have, but unless that player is a legit Tier 1 star, that's just kicking the can down the road. No. 20 (via Golden State) With Ware in the fold, it'd behoove Miami to find an impactful defender at the four spot who can switch effortlessly, do the dirty work and even function as a bit of a hub. That description fits South Carolina forward Collin Murray-Boyles, who likely will be out of reach for the Heat at 20. If anything, a trade up would be intriguing. Davion Mitchell (RFA) Duncan Robinson (ETO) The Heat aren't in bad shape in regard to the luxury tax, but they don't have money to spend, and Terry Rozier's $26.6 million deal is laughably bad at this point. Searching for outside help is fine, but they'll be limited in what they can do with the cap projected to be $154.6 million, especially as virtually no team can absorb money. Don't expect Miami to be a buyer. One can hope the Game 4 massacre will force the organization to alter its course, but assuming it sticks with the philosophy of never tanking, it'll more than likely look at ways to strengthen the current roster in whatever capacity it can. What the goal should be is to initiate a major overhaul, but that seems unlikely.
