Hedge Funds Blue Ridge Capital is run by the managers that are trained by the legendary Julian Robertson at Tiger Funds. The fund just its second quarter portfolio. These are the details of buys and sells.
Blue Ridge Capital was founded by Mr. John Griffin, who was known as legendary investor Julian Robertson's right hand man. Mr. Griffin is adjunct professor of finance at Columbia Business School and a visiting professor at the University of Virginia. He began his career as a financial analyst for Morgan Stanley Merchant Banking Group before moving on to Tiger Management, where he became president in 1993.
Blue Ridge runs a long-short portfolio. For the long positions the firm focuses on the companies that can produce a superior return over a three to five-year time period. For short positions it focuses the stocks that will underperform, or “not make it”, over a one to two year period. The likely reason their shorts work: the underlying companies fail in a poor economic environment. The portfolio is generally net long. The shorts help the portfolio because they can go to zero in a poor market, whereas the longs may go down a lot, but they will come back based on the strength of the underlying businesses.
Because he owns both long and short positions, Mr. Griffin has the luxury of being somewhat indffierent to the macro environment, which he claims that he had “no idea what is going on", and he is not concerned. According to the most recent filings of his investment company, Blue Ridge Capital, John Griffin owns 53 stocks with a total value of $5.7 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of John Griffin
Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $226.67 billion; its shares were traded at around $249.1 with a P/E ratio of 18.76 and P/S ratio of 5.28. Apple Inc. had an annual average earning growth of 83.1% over the past 5 years.
Banco Santander Brasil Sa has a market cap of $26.91 billion; its shares were traded at around $12.86 with and P/S ratio of 1575.31. The dividend yield of Banco Santander Brasil Sa stocks is 0.41%.
Citrix Systems, Inc. is one of the suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. Citrix Systems Inc. has a market cap of $10.54 billion; its shares were traded at around $56.76 with a P/E ratio of 37.84 and P/S ratio of 6.53. Citrix Systems Inc. had an annual average earning growth of 4.2% over the past 10 years.
J.P. Morgan Chase & Co. is a global financial services firm. Jpmorgan Chase & Co. has a market cap of $149.2 billion; its shares were traded at around $37.81 with a P/E ratio of 11.13 and P/S ratio of 1.49. The dividend yield of Jpmorgan Chase & Co. stocks is 0.53%.
BlackRock, Inc. is one of the largest investment management firms in the United States. Blackrock Inc. has a market cap of $20.18 billion; its shares were traded at around $149.5 with a P/E ratio of 16.37 and P/S ratio of 4.29. The dividend yield of Blackrock Inc. stocks is 2.64%. Blackrock Inc. had an annual average earning growth of 23.3% over the past 10 years. GuruFocus rated Blackrock Inc. the business predictability rank of 3-star.
Range Resources Corp. acquires, develops, and finances oil and gas properties in the U. Range Resources Corp. has a market cap of $5.68 billion; its shares were traded at around $36.33 with a P/E ratio of 52.44 and P/S ratio of 6.27. The dividend yield of Range Resources Corp. stocks is 0.45%. Range Resources Corp. had an annual average earning growth of 14.2% over the past 10 years.
Liberty Starz Group is a significant operating subsidiary and also a principal reportable segment of Liberty Media Corporation which focuses primarily on video programming, communications businesses, and the direct-to-home satellite distribution business. Lstza has a market cap of $2.85 billion; its shares were traded at around $58.26 with a P/E ratio of 82.06 and P/S ratio of 2.05.
NVR Inc. is a holding company that operates in two business segments; the construction and marketing of homes and in financial services. Nvr Inc has a market cap of $3.8 billion; its shares were traded at around $614.59 with a P/E ratio of 16.5 and P/S ratio of 1.42. Nvr Inc had an annual average earning growth of 2.8% over the past 10 years.
General Growth Properties is one of the oldest and most experienced shopping center owners, developers and managers in the United States. General Growth Properties Inc has a market cap of $4.28 billion; its shares were traded at around $13.47 with a P/E ratio of 13.24 and P/S ratio of 1.37. General Growth Properties Inc had an annual average earning growth of 5.9% over the past 10 years.
Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corp. has a market cap of $213.84 billion; its shares were traded at around $24.4 with a P/E ratio of 11.62 and P/S ratio of 3.42. The dividend yield of Microsoft Corp. stocks is 2.13%. Microsoft Corp. had an annual average earning growth of 12.6% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 3-star.
Liberty Global owns interests primarily in broadband distribution and content companies operating outside the continental U. Liberty Global Inc. has a market cap of $7.31 billion; its shares were traded at around $27.93 with and P/S ratio of 0.66. Liberty Global Inc. had an annual average earning growth of 52.3% over the past 5 years.
Starwood Hotels & Resorts Worldwide, Inc. is one of the world's largesthotel operating companies. Starwood Hotels & Resorts Worldwide Inc. has a market cap of $8.85 billion; its shares were traded at around $46.86 with a P/E ratio of 41.35 and P/S ratio of 1.86. The dividend yield of Starwood Hotels & Resorts Worldwide Inc. stocks is 0.43%.
Pfizer Inc is a research-based, global pharmaceutical company that discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. Pfizer Inc has a market cap of $129.7 billion; its shares were traded at around $16.2 with a P/E ratio of 7.24 and P/S ratio of 2.59. The dividend yield of Pfizer Inc stocks is 4.48%. Pfizer Inc had an annual average earning growth of 1.8% over the past 10 years.
Kroger Company is one of the larger grocery retailers in the United States. The Kroger Co. has a market cap of $14.13 billion; its shares were traded at around $21.94 with a P/E ratio of 13.5 and P/S ratio of 0.18. The dividend yield of The Kroger Co. stocks is 1.73%. The Kroger Co. had an annual average earning growth of 3.8% over the past 10 years. GuruFocus rated The Kroger Co. the business predictability rank of 3-star.
MGIC Investment Corporation is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the provider of private mortgage insurance coverage in the United States to the home mortgage lending industry. Mgic Investment Corp. has a market cap of $910.32 million; its shares were traded at around $7.37 with and P/S ratio of 0.53.
Ensco International plc, formerly ENSCO International Incorporated, is a provider of offshore contract drilling services to the international oil and gas industry. Ensco International Inc. has a market cap of $6.23 billion; its shares were traded at around $43.49 with a P/E ratio of 10.36 and P/S ratio of 3.2. The dividend yield of Ensco International Inc. stocks is 0.97%. Ensco International Inc. had an annual average earning growth of 23.9% over the past 10 years. GuruFocus rated Ensco International Inc. the business predictability rank of 3.5-star.
J.Crew Group, Inc. operates as a multi-channel specialty retailer in the United States. J. Crew Group Inc. has a market cap of $2.08 billion; its shares were traded at around $34.02 with a P/E ratio of 14.5 and P/S ratio of 1.32.
Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. Goldman Sachs Group Inc. The has a market cap of $76.23 billion; its shares were traded at around $149.42 with a P/E ratio of 6.8 and P/S ratio of 1.48. The dividend yield of Goldman Sachs Group Inc. The stocks is 0.95%. Goldman Sachs Group Inc. The had an annual average earning growth of 12.7% over the past 10 years.
Genpact manages business processes for companies around the world. Genpact Ltd. has a market cap of $3.05 billion; its shares were traded at around $14.02 with a P/E ratio of 22.85 and P/S ratio of 2.72.
The PMI Group, Inc. is a holding company which conducts its residential mortgage insurance business through its direct and indirect wholly-owned subsidiaries PMI Mortgage Insurance Company. The Pmi Group Inc. has a market cap of $219.98 million; its shares were traded at around $2.68 with and P/S ratio of 0.24.
Golub Capital BDC Inc. is a business development company that principally invests in senior secured, unitranche, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors. Golub Capital Bdc Inc. has a market cap of $102.88 million; its shares were traded at around $14.49 . The dividend yield of Golub Capital Bdc Inc. stocks is 1.66%.
Primerica, Inc. provides financial products and services. Primerica Inc. has a market cap of $1.52 billion; its shares were traded at around $21.13 .
Theravance Inc is focused on the discovery, development and commercialization of small molecule medicines for unmet medical needs across a number of therapeutic areas including respiratory disease, bacterial infections, overactive bladder and gastrointestinal disorders. Theravance Inc. has a market cap of $980.81 million; its shares were traded at around $15.27 with and P/S ratio of 40.24.
MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. Mastercard Inc. has a market cap of $27.34 billion; its shares were traded at around $211.83 with a P/E ratio of 16.38 and P/S ratio of 5.36. The dividend yield of Mastercard Inc. stocks is 0.28%.
VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa Inc. has a market cap of $60.65 billion; its shares were traded at around $72.98 with a P/E ratio of 19.73 and P/S ratio of 8.78. The dividend yield of Visa Inc. stocks is 0.69%.
CIT Group Inc. is a bank holding company that provides financing and leasing capital for commercial companies throughout the world. Cit Group Inc. has a market cap of $7.46 billion; its shares were traded at around $37.5 with and P/S ratio of 1.87.
Express Scripts, Inc. is one of the largest pharmacy benefit management companies in North America. Express Scripts Inc. has a market cap of $25.25 billion; its shares were traded at around $45.93 with a P/E ratio of 22.51 and P/S ratio of 1.02. Express Scripts Inc. had an annual average earning growth of 17.8% over the past 10 years.
Thermo Fisher Scientific is the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. Thermo Fisher Scientific Inc. has a market cap of $18.18 billion; its shares were traded at around $44.5 with a P/E ratio of 13.18 and P/S ratio of 1.8. Thermo Fisher Scientific Inc. had an annual average earning growth of 10.8% over the past 10 years.
McDonald's Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. Mcdonald's Corp. has a market cap of $77.34 billion; its shares were traded at around $72.06 with a P/E ratio of 16.56 and P/S ratio of 3.4. The dividend yield of Mcdonald's Corp. stocks is 3.06%. Mcdonald's Corp. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Mcdonald's Corp. the business predictability rank of 2.5-star.
Google is a public and profitable company focused on search services. Google Inc. has a market cap of $154.65 billion; its shares were traded at around $486.35 with a P/E ratio of 21.12 and P/S ratio of 6.54. Google Inc. had an annual average earning growth of 65.7% over the past 10 years.
AMERICAN CAPITAL STRATEGIES LTD. is the only private equity fund and the largest alternative asset management company in the S&P 500. American Capital, Ltd. has a market cap of $1.66 billion; its shares were traded at around $4.88 with a P/E ratio of 10.84 and P/S ratio of 2.38.
Netflix Inc. is the largest online movie rental subscription service in the United States providing subscribers access to a comprehensive library of more than 18,000 movie, television and other filmed entertainment titles. Netflix Inc. has a market cap of $6.91 billion; its shares were traded at around $132.26 with a P/E ratio of 53.55 and P/S ratio of 4.14. Netflix Inc. had an annual average earning growth of 106.7% over the past 5 years.
Green Mountain Coffee roasts high-quality arabica coffees to produce a variety of coffee which it sells through a coordinated multi-channel distribution network in its wholesale and direct mail operations. Green Mountain Coffee Roasters Inc. has a market cap of $4.07 billion; its shares were traded at around $30.91 with a P/E ratio of 52.1 and P/S ratio of 5.06. Green Mountain Coffee Roasters Inc. had an annual average earning growth of 6.1% over the past 10 years.
IBERIABANK Corporation is a commercial bank holding company. Iberiabank Corp. has a market cap of $1.35 billion; its shares were traded at around $50.37 with a P/E ratio of 73 and P/S ratio of 2.23. The dividend yield of Iberiabank Corp. stocks is 2.7%. Iberiabank Corp. had an annual average earning growth of 10.5% over the past 10 years. GuruFocus rated Iberiabank Corp. the business predictability rank of 2.5-star.
Apollo Group, Inc. has been providing higher education to working adults for over 25 years. Apollo Group Inc. has a market cap of $5.73 billion; its shares were traded at around $38.94 with a P/E ratio of 7.62 and P/S ratio of 1.44. Apollo Group Inc. had an annual average earning growth of 26.4% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.
Ishares Silver Trust has a market cap of $22.4 million; its shares were traded at around $17.69 .
Boston Scientific Corporation is a worldwide developer, manufacturer and marketer of minimally invasive medical devices. Boston Scientific Corp. has a market cap of $8.31 billion; its shares were traded at around $5.52 with a P/E ratio of 11.66 and P/S ratio of 1.01. Boston Scientific Corp. had an annual average earning growth of 5.4% over the past 10 years.
Blue Ridge Capital was founded by Mr. John Griffin, who was known as legendary investor Julian Robertson's right hand man. Mr. Griffin is adjunct professor of finance at Columbia Business School and a visiting professor at the University of Virginia. He began his career as a financial analyst for Morgan Stanley Merchant Banking Group before moving on to Tiger Management, where he became president in 1993.
Blue Ridge runs a long-short portfolio. For the long positions the firm focuses on the companies that can produce a superior return over a three to five-year time period. For short positions it focuses the stocks that will underperform, or “not make it”, over a one to two year period. The likely reason their shorts work: the underlying companies fail in a poor economic environment. The portfolio is generally net long. The shorts help the portfolio because they can go to zero in a poor market, whereas the longs may go down a lot, but they will come back based on the strength of the underlying businesses.
Because he owns both long and short positions, Mr. Griffin has the luxury of being somewhat indffierent to the macro environment, which he claims that he had “no idea what is going on", and he is not concerned. According to the most recent filings of his investment company, Blue Ridge Capital, John Griffin owns 53 stocks with a total value of $5.7 billion. These are the details of the buys and sells.
- New Purchases: ESV, G, GBDC, GS, HOT, JCG, KR, LBTYA, MTG, PFE, PMI, PRI, THRX,
- Added Positions: AAPL, BLK, BSBR, CTXS, GGP, JPM, LSTZA, MSFT, NVR, RRC,
- Reduced Positions: CIT, ESRX, GOOG, MA, MCD, TMO, V,
- Sold Out: ACAS, APOL, BSX, GMCR, IBKC, NFLX, SLV,
This is the sector weightings of his portfolio:
| Financials | 24.6% |
| Technology | 21.7% |
| Consumer Services | 20.2% |
| Health Care | 7.8% |
| Industrials | 6.6% |
| Oil & Gas | 6.3% |
| Consumer Goods | 1% |
These are the top 5 holdings of John Griffin
- Apple Inc. (AAPL) - 1,897,100 shares, 8.33% of the total portfolio. Shares added by 36.48%
- JPMorgan Chase & Co. (JPM) - 11,000,000 shares, 7.03% of the total portfolio. Shares added by 14.58%
- MARKET VECTORS - GOLD MINERS ETF (GDX) - 5,148,000 shares, 4.67% of the total portfolio.
- Crown Castle International Corp. (CCI) - 6,383,750 shares, 4.15% of the total portfolio. Shares reduced by 6.17%
- Amazon.com Inc. (AMZN) - 2,123,000 shares, 4.05% of the total portfolio. Shares reduced by 2.3%
Added: Apple Inc. (AAPL, Financial)
John Griffin added to his holdings in Apple Inc. by 36.48%. His purchase prices were between $235.86 and $274.074, with an estimated average price of $254.79. The impact to his portfolio due to this purchase was 2.23%. His holdings were 1,897,100 shares as of 06/30/2010.Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $226.67 billion; its shares were traded at around $249.1 with a P/E ratio of 18.76 and P/S ratio of 5.28. Apple Inc. had an annual average earning growth of 83.1% over the past 5 years.
Added: Banco Santander Brasil Sa (BSBR, Financial)
John Griffin added to his holdings in Banco Santander Brasil Sa by 1023.48%. His purchase prices were between $9.96 and $12.63, with an estimated average price of $11.24. The impact to his portfolio due to this purchase was 1.76%. His holdings were 10,697,000 shares as of 06/30/2010.Banco Santander Brasil Sa has a market cap of $26.91 billion; its shares were traded at around $12.86 with and P/S ratio of 1575.31. The dividend yield of Banco Santander Brasil Sa stocks is 0.41%.
Added: Citrix Systems Inc. (CTXS, Financial)
John Griffin added to his holdings in Citrix Systems Inc. by 59.29%. His purchase prices were between $41.92 and $49.83, with an estimated average price of $45.88. The impact to his portfolio due to this purchase was 1.05%. His holdings were 3,815,000 shares as of 06/30/2010.Citrix Systems, Inc. is one of the suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. Citrix Systems Inc. has a market cap of $10.54 billion; its shares were traded at around $56.76 with a P/E ratio of 37.84 and P/S ratio of 6.53. Citrix Systems Inc. had an annual average earning growth of 4.2% over the past 10 years.
Added: Jpmorgan Chase & Co. (JPM, Financial)
John Griffin added to his holdings in Jpmorgan Chase & Co. by 14.58%. His purchase prices were between $36.72 and $47.81, with an estimated average price of $41.21. The impact to his portfolio due to this purchase was 0.89%. His holdings were 11,000,000 shares as of 06/30/2010.J.P. Morgan Chase & Co. is a global financial services firm. Jpmorgan Chase & Co. has a market cap of $149.2 billion; its shares were traded at around $37.81 with a P/E ratio of 11.13 and P/S ratio of 1.49. The dividend yield of Jpmorgan Chase & Co. stocks is 0.53%.
Added: Blackrock Inc. (BLK, Financial)
John Griffin added to his holdings in Blackrock Inc. by 32.23%. His purchase prices were between $145.6 and $211.05, with an estimated average price of $175.81. The impact to his portfolio due to this purchase was 0.49%. His holdings were 800,000 shares as of 06/30/2010.BlackRock, Inc. is one of the largest investment management firms in the United States. Blackrock Inc. has a market cap of $20.18 billion; its shares were traded at around $149.5 with a P/E ratio of 16.37 and P/S ratio of 4.29. The dividend yield of Blackrock Inc. stocks is 2.64%. Blackrock Inc. had an annual average earning growth of 23.3% over the past 10 years. GuruFocus rated Blackrock Inc. the business predictability rank of 3-star.
Added: Range Resources Corp. (RRC, Financial)
John Griffin added to his holdings in Range Resources Corp. by 13.18%. His purchase prices were between $40.52 and $51.16, with an estimated average price of $47.38. The impact to his portfolio due to this purchase was 0.27%. His holdings were 3,305,000 shares as of 06/30/2010.Range Resources Corp. acquires, develops, and finances oil and gas properties in the U. Range Resources Corp. has a market cap of $5.68 billion; its shares were traded at around $36.33 with a P/E ratio of 52.44 and P/S ratio of 6.27. The dividend yield of Range Resources Corp. stocks is 0.45%. Range Resources Corp. had an annual average earning growth of 14.2% over the past 10 years.
Added: Lstza (LSTZA, Financial)
John Griffin added to his holdings in Lstza by 15.45%. His purchase prices were between $50.05 and $57.04, with an estimated average price of $53.66. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,270,000 shares as of 06/30/2010.Liberty Starz Group is a significant operating subsidiary and also a principal reportable segment of Liberty Media Corporation which focuses primarily on video programming, communications businesses, and the direct-to-home satellite distribution business. Lstza has a market cap of $2.85 billion; its shares were traded at around $58.26 with a P/E ratio of 82.06 and P/S ratio of 2.05.
Added: Nvr Inc (NVR, Financial)
John Griffin added to his holdings in Nvr Inc by 16.73%. His purchase prices were between $642.83 and $750.5, with an estimated average price of $692.13. The impact to his portfolio due to this purchase was 0.14%. His holdings were 87,900 shares as of 06/30/2010.NVR Inc. is a holding company that operates in two business segments; the construction and marketing of homes and in financial services. Nvr Inc has a market cap of $3.8 billion; its shares were traded at around $614.59 with a P/E ratio of 16.5 and P/S ratio of 1.42. Nvr Inc had an annual average earning growth of 2.8% over the past 10 years.
Added: General Growth Properties Inc (GGP, Financial)
John Griffin added to his holdings in General Growth Properties Inc by 7.14%. His purchase prices were between $12.75 and $16.78, with an estimated average price of $14.74. The impact to his portfolio due to this purchase was 0.12%. His holdings were 7,500,000 shares as of 06/30/2010.General Growth Properties is one of the oldest and most experienced shopping center owners, developers and managers in the United States. General Growth Properties Inc has a market cap of $4.28 billion; its shares were traded at around $13.47 with a P/E ratio of 13.24 and P/S ratio of 1.37. General Growth Properties Inc had an annual average earning growth of 5.9% over the past 10 years.
Added: Microsoft Corp. (MSFT, Financial)
John Griffin added to his holdings in Microsoft Corp. by 4.68%. His purchase prices were between $23.31 and $31.39, with an estimated average price of $28.01. The impact to his portfolio due to this purchase was 0.1%. His holdings were 5,820,000 shares as of 06/30/2010.Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corp. has a market cap of $213.84 billion; its shares were traded at around $24.4 with a P/E ratio of 11.62 and P/S ratio of 3.42. The dividend yield of Microsoft Corp. stocks is 2.13%. Microsoft Corp. had an annual average earning growth of 12.6% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 3-star.
New Purchase: Liberty Global Inc. (LBTYA)
John Griffin initiated holdings in Liberty Global Inc.. His purchase prices were between $23.34 and $29.64, with an estimated average price of $26.62. The impact to his portfolio due to this purchase was 1.69%. His holdings were 3,720,000 shares as of 06/30/2010.Liberty Global owns interests primarily in broadband distribution and content companies operating outside the continental U. Liberty Global Inc. has a market cap of $7.31 billion; its shares were traded at around $27.93 with and P/S ratio of 0.66. Liberty Global Inc. had an annual average earning growth of 52.3% over the past 5 years.
New Purchase: Starwood Hotels & Resorts Worldwide Inc. (HOT)
John Griffin initiated holdings in Starwood Hotels & Resorts Worldwide Inc.. His purchase prices were between $42.07 and $56.29, with an estimated average price of $48.47. The impact to his portfolio due to this purchase was 1.63%. His holdings were 2,250,000 shares as of 06/30/2010.Starwood Hotels & Resorts Worldwide, Inc. is one of the world's largesthotel operating companies. Starwood Hotels & Resorts Worldwide Inc. has a market cap of $8.85 billion; its shares were traded at around $46.86 with a P/E ratio of 41.35 and P/S ratio of 1.86. The dividend yield of Starwood Hotels & Resorts Worldwide Inc. stocks is 0.43%.
New Purchase: Pfizer Inc (PFE)
John Griffin initiated holdings in Pfizer Inc. His purchase prices were between $14.28 and $17.29, with an estimated average price of $15.97. The impact to his portfolio due to this purchase was 1.49%. His holdings were 6,000,000 shares as of 06/30/2010.Pfizer Inc is a research-based, global pharmaceutical company that discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. Pfizer Inc has a market cap of $129.7 billion; its shares were traded at around $16.2 with a P/E ratio of 7.24 and P/S ratio of 2.59. The dividend yield of Pfizer Inc stocks is 4.48%. Pfizer Inc had an annual average earning growth of 1.8% over the past 10 years.
New Purchase: The Kroger Co. (KR)
John Griffin initiated holdings in The Kroger Co.. His purchase prices were between $19.16 and $23.7, with an estimated average price of $21.47. The impact to his portfolio due to this purchase was 1.47%. His holdings were 4,280,000 shares as of 06/30/2010.Kroger Company is one of the larger grocery retailers in the United States. The Kroger Co. has a market cap of $14.13 billion; its shares were traded at around $21.94 with a P/E ratio of 13.5 and P/S ratio of 0.18. The dividend yield of The Kroger Co. stocks is 1.73%. The Kroger Co. had an annual average earning growth of 3.8% over the past 10 years. GuruFocus rated The Kroger Co. the business predictability rank of 3-star.
New Purchase: Mgic Investment Corp. (MTG)
John Griffin initiated holdings in Mgic Investment Corp.. His purchase prices were between $7.17 and $13.12, with an estimated average price of $9.62. The impact to his portfolio due to this purchase was 1.08%. His holdings were 9,000,600 shares as of 06/30/2010.MGIC Investment Corporation is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the provider of private mortgage insurance coverage in the United States to the home mortgage lending industry. Mgic Investment Corp. has a market cap of $910.32 million; its shares were traded at around $7.37 with and P/S ratio of 0.53.
New Purchase: Ensco International Inc. (ESV)
John Griffin initiated holdings in Ensco International Inc.. His purchase prices were between $34.45 and $51.95, with an estimated average price of $42.39. The impact to his portfolio due to this purchase was 1.03%. His holdings were 1,500,000 shares as of 06/30/2010.Ensco International plc, formerly ENSCO International Incorporated, is a provider of offshore contract drilling services to the international oil and gas industry. Ensco International Inc. has a market cap of $6.23 billion; its shares were traded at around $43.49 with a P/E ratio of 10.36 and P/S ratio of 3.2. The dividend yield of Ensco International Inc. stocks is 0.97%. Ensco International Inc. had an annual average earning growth of 23.9% over the past 10 years. GuruFocus rated Ensco International Inc. the business predictability rank of 3.5-star.
New Purchase: J. Crew Group Inc. (JCG)
John Griffin initiated holdings in J. Crew Group Inc.. His purchase prices were between $36.68 and $50, with an estimated average price of $44.79. The impact to his portfolio due to this purchase was 0.96%. His holdings were 1,490,000 shares as of 06/30/2010.J.Crew Group, Inc. operates as a multi-channel specialty retailer in the United States. J. Crew Group Inc. has a market cap of $2.08 billion; its shares were traded at around $34.02 with a P/E ratio of 14.5 and P/S ratio of 1.32.
New Purchase: Goldman Sachs Group Inc. The (GS)
John Griffin initiated holdings in Goldman Sachs Group Inc. The. His purchase prices were between $133.44 and $184.27, with an estimated average price of $148.68. The impact to his portfolio due to this purchase was 0.8%. His holdings were 350,000 shares as of 06/30/2010.Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. Goldman Sachs Group Inc. The has a market cap of $76.23 billion; its shares were traded at around $149.42 with a P/E ratio of 6.8 and P/S ratio of 1.48. The dividend yield of Goldman Sachs Group Inc. The stocks is 0.95%. Goldman Sachs Group Inc. The had an annual average earning growth of 12.7% over the past 10 years.
New Purchase: Genpact Ltd. (G)
John Griffin initiated holdings in Genpact Ltd.. His purchase prices were between $15.48 and $17.85, with an estimated average price of $16.8. The impact to his portfolio due to this purchase was 0.55%. His holdings were 2,040,000 shares as of 06/30/2010.Genpact manages business processes for companies around the world. Genpact Ltd. has a market cap of $3.05 billion; its shares were traded at around $14.02 with a P/E ratio of 22.85 and P/S ratio of 2.72.
New Purchase: The Pmi Group Inc. (PMI)
John Griffin initiated holdings in The Pmi Group Inc.. His purchase prices were between $2.96 and $7.2, with an estimated average price of $4.91. The impact to his portfolio due to this purchase was 0.4%. His holdings were 8,005,000 shares as of 06/30/2010.The PMI Group, Inc. is a holding company which conducts its residential mortgage insurance business through its direct and indirect wholly-owned subsidiaries PMI Mortgage Insurance Company. The Pmi Group Inc. has a market cap of $219.98 million; its shares were traded at around $2.68 with and P/S ratio of 0.24.
New Purchase: Golub Capital Bdc Inc. (GBDC)
John Griffin initiated holdings in Golub Capital Bdc Inc.. His purchase prices were between $12.85 and $14.85, with an estimated average price of $14.28. The impact to his portfolio due to this purchase was 0.17%. His holdings were 689,655 shares as of 06/30/2010.Golub Capital BDC Inc. is a business development company that principally invests in senior secured, unitranche, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors. Golub Capital Bdc Inc. has a market cap of $102.88 million; its shares were traded at around $14.49 . The dividend yield of Golub Capital Bdc Inc. stocks is 1.66%.
New Purchase: Primerica Inc. (PRI)
John Griffin initiated holdings in Primerica Inc.. His purchase prices were between $19.65 and $25.48, with an estimated average price of $23.03. The impact to his portfolio due to this purchase was 0.17%. His holdings were 446,800 shares as of 06/30/2010.Primerica, Inc. provides financial products and services. Primerica Inc. has a market cap of $1.52 billion; its shares were traded at around $21.13 .
New Purchase: Theravance Inc. (THRX)
John Griffin initiated holdings in Theravance Inc.. His purchase prices were between $12.52 and $17.15, with an estimated average price of $14.66. The impact to his portfolio due to this purchase was 0.14%. His holdings were 620,000 shares as of 06/30/2010.Theravance Inc is focused on the discovery, development and commercialization of small molecule medicines for unmet medical needs across a number of therapeutic areas including respiratory disease, bacterial infections, overactive bladder and gastrointestinal disorders. Theravance Inc. has a market cap of $980.81 million; its shares were traded at around $15.27 with and P/S ratio of 40.24.
Reduced: Mastercard Inc. (MA)
John Griffin reduced to his holdings in Mastercard Inc. by 27.45%. His sale prices were between $195.46 and $267.22, with an estimated average price of $228.26. The impact to his portfolio due to this sale was -0.35%. John Griffin still held 370,000 shares as of 06/30/2010.MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. Mastercard Inc. has a market cap of $27.34 billion; its shares were traded at around $211.83 with a P/E ratio of 16.38 and P/S ratio of 5.36. The dividend yield of Mastercard Inc. stocks is 0.28%.
Reduced: Visa Inc. (V)
John Griffin reduced to his holdings in Visa Inc. by 57.73%. His sale prices were between $70.09 and $96.59, with an estimated average price of $82.37. The impact to his portfolio due to this sale was -0.49%. John Griffin still held 685,000 shares as of 06/30/2010.VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa Inc. has a market cap of $60.65 billion; its shares were traded at around $72.98 with a P/E ratio of 19.73 and P/S ratio of 8.78. The dividend yield of Visa Inc. stocks is 0.69%.
Reduced: Cit Group Inc. (CIT)
John Griffin reduced to his holdings in Cit Group Inc. by 22.32%. His sale prices were between $33.81 and $41.75, with an estimated average price of $37.87. The impact to his portfolio due to this sale was -0.51%. John Griffin still held 3,845,610 shares as of 06/30/2010.CIT Group Inc. is a bank holding company that provides financing and leasing capital for commercial companies throughout the world. Cit Group Inc. has a market cap of $7.46 billion; its shares were traded at around $37.5 with and P/S ratio of 1.87.
Reduced: Express Scripts Inc. (ESRX)
John Griffin reduced to his holdings in Express Scripts Inc. by 25.74%. His sale prices were between $47.21 and $103.37, with an estimated average price of $51.88. The impact to his portfolio due to this sale was -0.6%. John Griffin still held 2,844,000 shares as of 06/30/2010.Express Scripts, Inc. is one of the largest pharmacy benefit management companies in North America. Express Scripts Inc. has a market cap of $25.25 billion; its shares were traded at around $45.93 with a P/E ratio of 22.51 and P/S ratio of 1.02. Express Scripts Inc. had an annual average earning growth of 17.8% over the past 10 years.
Reduced: Thermo Fisher Scientific Inc. (TMO)
John Griffin reduced to his holdings in Thermo Fisher Scientific Inc. by 23.4%. His sale prices were between $49.53 and $55.94, with an estimated average price of $52.52. The impact to his portfolio due to this sale was -0.66%. John Griffin still held 3,293,800 shares as of 06/30/2010.Thermo Fisher Scientific is the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. Thermo Fisher Scientific Inc. has a market cap of $18.18 billion; its shares were traded at around $44.5 with a P/E ratio of 13.18 and P/S ratio of 1.8. Thermo Fisher Scientific Inc. had an annual average earning growth of 10.8% over the past 10 years.
Reduced: McDonald's Corp. (MCD)
John Griffin reduced to his holdings in Mcdonald's Corp. by 24.94%. His sale prices were between $66.01 and $71.52, with an estimated average price of $69.03. The impact to his portfolio due to this sale was -0.83%. John Griffin still held 2,890,000 shares as of 06/30/2010.McDonald's Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. Mcdonald's Corp. has a market cap of $77.34 billion; its shares were traded at around $72.06 with a P/E ratio of 16.56 and P/S ratio of 3.4. The dividend yield of Mcdonald's Corp. stocks is 3.06%. Mcdonald's Corp. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Mcdonald's Corp. the business predictability rank of 2.5-star.
Reduced: Google Inc. (GOOG)
John Griffin reduced to his holdings in Google Inc. by 50%. His sale prices were between $454.26 and $595.3, with an estimated average price of $512.61. The impact to his portfolio due to this sale was -0.93%. John Griffin still held 240,000 shares as of 06/30/2010.Google is a public and profitable company focused on search services. Google Inc. has a market cap of $154.65 billion; its shares were traded at around $486.35 with a P/E ratio of 21.12 and P/S ratio of 6.54. Google Inc. had an annual average earning growth of 65.7% over the past 10 years.
Sold Out: American Capital, Ltd. (ACAS)
John Griffin sold out his holdings in American Capital, Ltd.. His sale prices were between $4.34 and $6.45, with an estimated average price of $5.48.AMERICAN CAPITAL STRATEGIES LTD. is the only private equity fund and the largest alternative asset management company in the S&P 500. American Capital, Ltd. has a market cap of $1.66 billion; its shares were traded at around $4.88 with a P/E ratio of 10.84 and P/S ratio of 2.38.
Sold Out: Netflix Inc. (NFLX)
John Griffin sold out his holdings in Netflix Inc.. His sale prices were between $75 and $126.81, with an estimated average price of $103.13.Netflix Inc. is the largest online movie rental subscription service in the United States providing subscribers access to a comprehensive library of more than 18,000 movie, television and other filmed entertainment titles. Netflix Inc. has a market cap of $6.91 billion; its shares were traded at around $132.26 with a P/E ratio of 53.55 and P/S ratio of 4.14. Netflix Inc. had an annual average earning growth of 106.7% over the past 5 years.
Sold Out: Green Mountain Coffee Roasters Inc. (GMCR)
John Griffin sold out his holdings in Green Mountain Coffee Roasters Inc.. His sale prices were between $22.53 and $32.5533, with an estimated average price of $26.5.Green Mountain Coffee roasts high-quality arabica coffees to produce a variety of coffee which it sells through a coordinated multi-channel distribution network in its wholesale and direct mail operations. Green Mountain Coffee Roasters Inc. has a market cap of $4.07 billion; its shares were traded at around $30.91 with a P/E ratio of 52.1 and P/S ratio of 5.06. Green Mountain Coffee Roasters Inc. had an annual average earning growth of 6.1% over the past 10 years.
Sold Out: Iberiabank Corp. (IBKC)
John Griffin sold out his holdings in Iberiabank Corp.. His sale prices were between $52.62 and $63.51, with an estimated average price of $58.03.IBERIABANK Corporation is a commercial bank holding company. Iberiabank Corp. has a market cap of $1.35 billion; its shares were traded at around $50.37 with a P/E ratio of 73 and P/S ratio of 2.23. The dividend yield of Iberiabank Corp. stocks is 2.7%. Iberiabank Corp. had an annual average earning growth of 10.5% over the past 10 years. GuruFocus rated Iberiabank Corp. the business predictability rank of 2.5-star.
Sold Out: Apollo Group Inc. (APOL)
John Griffin sold out his holdings in Apollo Group Inc.. His sale prices were between $43.13 and $65.74, with an estimated average price of $55.58.Apollo Group, Inc. has been providing higher education to working adults for over 25 years. Apollo Group Inc. has a market cap of $5.73 billion; its shares were traded at around $38.94 with a P/E ratio of 7.62 and P/S ratio of 1.44. Apollo Group Inc. had an annual average earning growth of 26.4% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.
Sold Out: Ishares Silver Trust (SLV)
John Griffin sold out his holdings in Ishares Silver Trust. His sale prices were between $17.05 and $19.12, with an estimated average price of $17.97.Ishares Silver Trust has a market cap of $22.4 million; its shares were traded at around $17.69 .
Sold Out: Boston Scientific Corp. (BSX)
John Griffin sold out his holdings in Boston Scientific Corp.. His sale prices were between $5.44 and $7.35, with an estimated average price of $6.51.Boston Scientific Corporation is a worldwide developer, manufacturer and marketer of minimally invasive medical devices. Boston Scientific Corp. has a market cap of $8.31 billion; its shares were traded at around $5.52 with a P/E ratio of 11.66 and P/S ratio of 1.01. Boston Scientific Corp. had an annual average earning growth of 5.4% over the past 10 years.
