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Wilbur Ross Buys Key Energy Services Inc., Innophos Holdings, Inc., Ziprealty Inc., Sells Spdr S&p China Etf, JDS Uniphase Corp., Oplink Communications Inc.

Activist investor Wilbur Ross just reported his Q2 portfolio. These are the details of buys and sells. Wilbur Ross owns 20 stocks with a total value of $376 million.

Wilbur Ross buys Key Energy Services Inc., Innophos Holdings, Inc., Ziprealty Inc., sells Spdr S&p China ETF, JDS Uniphase Corp., Oplink Communications Inc. during the 3-months ended 06/30/2010, according to the most recent filings of his investment company, Invesco Private Capital, Inc.. These are the details of the buys and sells.

For the details of Wilbur Ross's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Wilbur+Ross

This is the sector weightings of his portfolio:

Financials 56.5%
Basic Materials 25.6%
Telecommunications 7%
Consumer Goods 3.2%
Consumer Services 1.7%
Technology 1.6%
Oil & Gas 0.6%
Health Care 0.4%


These are the top 5 holdings of Wilbur Ross

  1. Assured Guaranty Ltd. (AGO) - 16,016,396 shares, 56.48% of the total portfolio.
  2. International Coal Group Inc. (ICO) - 24,537,423 shares, 25.1% of the total portfolio.
  3. MetroPCS Communications Inc. (PCS) - 3,224,940 shares, 7.02% of the total portfolio. Shares reduced by 1.38%
  4. Cooper Tire & Rubber Company (CTB) - 389,200 shares, 2.02% of the total portfolio. Shares added by 41.53%
  5. JoAnn Stores Inc. (JAS) - 171,740 shares, 1.71% of the total portfolio. Shares added by 77.14%


Added: Joann Stores Inc. (JAS)

Wilbur Ross added to his holdings in Joann Stores Inc. by 77.14%. His purchase prices were between $38.11 and $47.09, with an estimated average price of $43.34. The impact to his portfolio due to this purchase was 0.74%. His holdings were 171,740 shares as of 06/30/2010.

Jo-Ann Stores, Inc. is one of the largest national category-dominant retailers serving the retail fabric and craft industry. Joann Stores Inc. has a market cap of $1.04 billion; its shares were traded at around $38.15 with a P/E ratio of 13.8 and P/S ratio of 0.6. Joann Stores Inc. had an annual average earning growth of 1.8% over the past 10 years.

Added: Cooper Tire & Rubber Company (CTB)

Wilbur Ross added to his holdings in Cooper Tire & Rubber Company by 41.53%. His purchase prices were between $17.78 and $22.2, with an estimated average price of $20. The impact to his portfolio due to this purchase was 0.59%. His holdings were 389,200 shares as of 06/30/2010.

Cooper Tire & Rubber Company specializes in the manufacture and marketing of automotive products. Cooper Tire & Rubber Company has a market cap of $1.11 billion; its shares were traded at around $18.14 with a P/E ratio of 8.8 and P/S ratio of 0.4. The dividend yield of Cooper Tire & Rubber Company stocks is 2.2%.

Added: Lear Corp. (LEA)

Wilbur Ross added to his holdings in Lear Corp. by 97.34%. His purchase prices were between $64.46 and $83.9, with an estimated average price of $74.04. The impact to his portfolio due to this purchase was 0.58%. His holdings were 66,700 shares as of 06/30/2010.

Lear Corporation is a global supplier of automotive seating systems, electrical distribution systems and electronics. Lear Corp. has a market cap of $3.63 billion; its shares were traded at around $77.81 with a P/E ratio of 13.1 and P/S ratio of 0.4.

New Purchase: Key Energy Services Inc. (KEG)

Wilbur Ross initiated holdings in Key Energy Services Inc.. His purchase prices were between $8.91 and $11.15, with an estimated average price of $10.17. The impact to his portfolio due to this purchase was 0.57%. His holdings were 234,000 shares as of 06/30/2010.

Key Energy Services, Inc. is one of the largest providers of onshore oil and gas well services in the United States and Argentina. Key Energy Services Inc. has a market cap of $1.09 billion; its shares were traded at around $8.71 with and P/S ratio of 1.

New Purchase: Innophos Holdings, Inc. (IPHS)

Wilbur Ross initiated holdings in Innophos Holdings, Inc.. His purchase prices were between $25.2 and $31, with an estimated average price of $28.16. The impact to his portfolio due to this purchase was 0.49%. His holdings were 70,629 shares as of 06/30/2010.

Innophos, Inc., is one of the North American manufacturers of specialty phosphates, serving a diverse range of customers across multiple applications, geographies and channels. Innophos Holdings, Inc. has a market cap of $603.1 million; its shares were traded at around $28.17 with a P/E ratio of 12.9 and P/S ratio of 0.9. The dividend yield of Innophos Holdings, Inc. stocks is 2.3%.

New Purchase: Ziprealty Inc. (ZIPR)

Wilbur Ross initiated holdings in Ziprealty Inc.. His purchase prices were between $2.69 and $4.89, with an estimated average price of $3.84. The impact to his portfolio due to this purchase was 0.02%. His holdings were 22,282 shares as of 06/30/2010.

ZipRealty, Inc. provides home sellers and buyers with an innovative real estate solution. Ziprealty Inc. has a market cap of $55.1 million; its shares were traded at around $2.69 with and P/S ratio of 0.4.

Sold Out: JDS Uniphase Corp. (JDSU)

Wilbur Ross sold out his holdings in Jds Uniphase Corp.. His sale prices were between $10.21 and $13.81, with an estimated average price of $12.02.

JDSU enables broadband and optical innovation in the communications, commercial and consumer markets. Jds Uniphase Corp. has a market cap of $2.3 billion; its shares were traded at around $10.455 with a P/E ratio of 1045.5 and P/S ratio of 1.9.

Sold Out: Oplink Communications Inc. (OPLK)

Wilbur Ross sold out his holdings in Oplink Communications Inc.. His sale prices were between $13.4 and $19.6, with an estimated average price of $15.69.

Oplink Communications designs, manufactures and markets fiber optic components and integrated optical modules that increase the performance of optical networks. Oplink Communications Inc. has a market cap of $345.6 million; its shares were traded at around $16.47 with a P/E ratio of 24.2 and P/S ratio of 2.5.

Sold Out: SPDR S&P China Etf (GXC)

Wilbur Ross sold out his holdings in Spdr S&p China Etf. His sale prices were between $62.82 and $76.14, with an estimated average price of $69.55.

Spdr S&p China Etf has a market cap of $126.5 million; its shares were traded at around $70.05 . The dividend yield of Spdr S&p China Etf stocks is 1.3%.


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