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John Paulson Buys APC, MFE, GENZ, LINTA, SYMC, Sells XOM, APA, DVN

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gurufocus

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This is the Q3 portfolio of hedge fund giant John Paulson. Paulson was in buying mode as of the third quarter. He bought into many new positions.

As of 09/30/2010, Paulson & Co. owns 80 stocks with a total value of $22.9 billion. These are the details of the buys and sells.

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

This is the sector weightings of his portfolio:

Financials 34.2%
Basic Materials 14.8%
Health Care 8.2%
Consumer Services 7.9%
Oil & Gas 4.5%
Technology 2.9%
Consumer Goods 2.1%
Industrials 1.7%
Utilities 0.8%


These are the top 5 holdings of John Paulson

  1. Spider Gold Shares (GLD) - 31,500,000 shares, 17.6% of the total portfolio.
  2. AngloGold Ashanti Ltd. (AU) - 41,000,000 shares, 8.28% of the total portfolio. Shares reduced by 6.29%
  3. Bank Of America Corp. (BAC) - 137,794,296 shares, 7.88% of the total portfolio. Shares reduced by 17.88%
  4. Citigroup Inc. (C) - 424,000,000 shares, 7.24% of the total portfolio. Shares reduced by 16.32%
  5. The Hartford Financial Services Group In (HIG) - 44,000,000 shares, 4.41% of the total portfolio.


Added: Talecris Biotherapeutics Holdings Corp. (TLCR)

John Paulson added to his holdings in Talecris Biotherapeutics Holdings Corp. by 100%. His purchase prices were between $21.05 and $23.1, with an estimated average price of $22.15. The impact to his portfolio due to this purchase was 0.5%. His holdings were 10,000,000 shares as of 09/30/2010.

Talecris Biotherapeutics is a global biotherapeutic and biotechnology company that discovers, develops and produces critical care treatments for people with life-threatening disorders in a variety of therapeutic areas including immunology, pulmonology, and hemostasis. Talecris Biotherapeutics Holdings Corp. has a market cap of $2.78 billion; its shares were traded at around $22.58 with a P/E ratio of 16 and P/S ratio of 1.8.

Added: Alcon Inc. (ACL)

John Paulson added to his holdings in Alcon Inc. by 40.73%. His purchase prices were between $148.54 and $168.21, with an estimated average price of $159.5. The impact to his portfolio due to this purchase was 0.29%. His holdings were 1,360,200 shares as of 09/30/2010.

Alcon, Inc. is the world's eye care company. Alcon Inc. has a market cap of $48.89 billion; its shares were traded at around $162.76 with a P/E ratio of 21.5 and P/S ratio of 7.5. The dividend yield of Alcon Inc. stocks is 2.1%. Alcon Inc. had an annual average earning growth of 18.3% over the past 10 years.

Added: Airgas Inc. (ARG)

John Paulson added to his holdings in Airgas Inc. by 50%. His purchase prices were between $62.57 and $68.04, with an estimated average price of $65.82. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,500,000 shares as of 09/30/2010.

Airgas, Inc., through its subsidiaries, is the largest U. Airgas Inc. has a market cap of $5.62 billion; its shares were traded at around $67.2 with a P/E ratio of 22.4 and P/S ratio of 1.5. The dividend yield of Airgas Inc. stocks is 1.5%. Airgas Inc. had an annual average earning growth of 15.1% over the past 10 years. GuruFocus rated Airgas Inc. the business predictability rank of 4-star.

New Purchase: Anadarko Petroleum Corp. (APC)

John Paulson initiated holdings in Anadarko Petroleum Corp.. His purchase prices were between $38.07 and $57.68, with an estimated average price of $50.49. The impact to his portfolio due to this purchase was 3.34%. His holdings were 13,400,000 shares as of 09/30/2010.

Anadarko Petroleum Corporation is one of the world's largest independentoil and gas exploration and production companies. Anadarko Petroleum Corp. has a market cap of $31.97 billion; its shares were traded at around $64.6 with a P/E ratio of 41.7 and P/S ratio of 3.6. The dividend yield of Anadarko Petroleum Corp. stocks is 0.6%. Anadarko Petroleum Corp. had an annual average earning growth of 12.8% over the past 10 years. GuruFocus rated Anadarko Petroleum Corp. the business predictability rank of 2-star.

New Purchase: Mcafee Inc. (MFE)

John Paulson initiated holdings in Mcafee Inc.. His purchase prices were between $29.92 and $47.35, with an estimated average price of $38.93. The impact to his portfolio due to this purchase was 1.03%. His holdings were 5,000,000 shares as of 09/30/2010.

McAfee, Inc. creates best-of-breed computer security solutions that prevent intrusions on networks and protect computer systems from the next generation of blended attacks and threats. Mcafee Inc. has a market cap of $7.29 billion; its shares were traded at around $47.31 with a P/E ratio of 25.2 and P/S ratio of 3.8.

New Purchase: Genzyme Corp. (GENZ)

John Paulson initiated holdings in Genzyme Corp.. His purchase prices were between $51.14 and $71.6, with an estimated average price of $65.38. The impact to his portfolio due to this purchase was 0.59%. His holdings were 1,901,200 shares as of 09/30/2010.

Genzyme Corporation is a global biotechnology company dedicated to making a major positive impact on the lives of people with serious diseases. Genzyme Corp. has a market cap of $17.85 billion; its shares were traded at around $70.03 with a P/E ratio of 77.8 and P/S ratio of 4. Genzyme Corp. had an annual average earning growth of 17.5% over the past 10 years. GuruFocus rated Genzyme Corp. the business predictability rank of 2.5-star.

New Purchase: Liberty Media Corp. Interactive Common S (LINTA)

John Paulson initiated holdings in Liberty Media Corp. Interactive Common S. His purchase prices were between $10.23 and $13.84, with an estimated average price of $11.48. The impact to his portfolio due to this purchase was 0.34%. His holdings were 5,700,000 shares as of 09/30/2010.

Liberty Media Corporation owns a broad range of electronic retailing, media, communications and entertainment businesses and investments. Liberty Media Corp. Interactive Common S has a market cap of $8.71 billion; its shares were traded at around $15.32 with a P/E ratio of 13.8 and P/S ratio of 1.

New Purchase: Symantec Corp. (SYMC)

John Paulson initiated holdings in Symantec Corp.. His purchase prices were between $12.34 and $15.61, with an estimated average price of $14.15. The impact to his portfolio due to this purchase was 0.33%. His holdings were 5,000,000 shares as of 09/30/2010.

Symantec, a world leader in Internet security technology, provides a broad range of content security solutions to individuals and companies. Symantec Corp. has a market cap of $13.48 billion; its shares were traded at around $17.075 with a P/E ratio of 12.6 and P/S ratio of 2.2. Symantec Corp. had an annual average earning growth of 16% over the past 10 years. GuruFocus rated Symantec Corp. the business predictability rank of 3.5-star.

New Purchase: Potash Corp. Of Saskatchewan Inc. (POT)

John Paulson initiated holdings in Potash Corp. Of Saskatchewan Inc.. His purchase prices were between $84.6 and $150.47, with an estimated average price of $124.33. The impact to his portfolio due to this purchase was 0.31%. His holdings were 500,000 shares as of 09/30/2010.

Potash Corporation of Saskatchewan Inc. is the world's largest potash company, the third largest phoshate producer and the second largest nitrogen producer in the world. Potash Corp. Of Saskatchewan Inc. has a market cap of $40.71 billion; its shares were traded at around $137.27 with a P/E ratio of 26.7 and P/S ratio of 10.2. The dividend yield of Potash Corp. Of Saskatchewan Inc. stocks is 0.3%. Potash Corp. Of Saskatchewan Inc. had an annual average earning growth of 31.7% over the past 10 years. GuruFocus rated Potash Corp. Of Saskatchewan Inc. the business predictability rank of 2.5-star.

New Purchase: Bmc Software Inc. (BMC)

John Paulson initiated holdings in Bmc Software Inc.. His purchase prices were between $34.76 and $41.08, with an estimated average price of $37.42. The impact to his portfolio due to this purchase was 0.23%. His holdings were 1,300,000 shares as of 09/30/2010.

BMC Software provides software products on a worldwide basis that significantly increase the productivity, reliability and recoverability of its customers' core information technology operations, including their software applications and the systems on which they run. Bmc Software Inc. has a market cap of $7.97 billion; its shares were traded at around $44.63 with a P/E ratio of 17 and P/S ratio of 4.2. Bmc Software Inc. had an annual average earning growth of 54.8% over the past 5 years.

New Purchase: Quad/graphics Inc. (QUAD)

John Paulson initiated holdings in Quad/graphics Inc.. His purchase prices were between $40.27 and $48.8, with an estimated average price of $44.24. The impact to his portfolio due to this purchase was 0.22%. His holdings were 1,077,000 shares as of 09/30/2010.

Quad Graphics, Inc. is a provider of print and related multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts and circulars, direct mail products, books and directories. Quad/graphics Inc. has a market cap of $1.33 billion; its shares were traded at around $42 .

New Purchase: Teradata Corp (TDC)

John Paulson initiated holdings in Teradata Corp. His purchase prices were between $29.62 and $38.96, with an estimated average price of $32.92. The impact to his portfolio due to this purchase was 0.16%. His holdings were 925,000 shares as of 09/30/2010.

Teradata Corporation is the world's largest company focused on raising intelligence through data warehousing and enterprise analytics. Teradata Corp has a market cap of $6.71 billion; its shares were traded at around $40.08 with a P/E ratio of 22.9 and P/S ratio of 3.9.

New Purchase: Netapp Inc Common Stock (NTAP)

John Paulson initiated holdings in Netapp Inc Common Stock. His purchase prices were between $37.12 and $51, with an estimated average price of $43.01. The impact to his portfolio due to this purchase was 0.16%. His holdings were 720,000 shares as of 09/30/2010.

NetApp Inc., formerly Network Appliance, Inc., is a provider of innovative data management solutions that simplify the complexity of storing, managing, protecting, and retaining enterprise data. Netapp Inc Common Stock has a market cap of $19.26 billion; its shares were traded at around $53.93 with a P/E ratio of 39.4 and P/S ratio of 4.9. Netapp Inc Common Stock had an annual average earning growth of 13% over the past 10 years.

New Purchase: International Tower Hill Mines Ltd (THM)

John Paulson initiated holdings in International Tower Hill Mines Ltd. His purchase prices were between $5.84 and $6.58, with an estimated average price of $6.17. The impact to his portfolio due to this purchase was 0.14%. His holdings were 5,000,000 shares as of 09/30/2010.

International Tower Hill Mines Ltd. is a Canada-based resource exploration company possessing a portfolio of Alaskan and Nevada based gold and base metal exploration projects. International Tower Hill Mines Ltd has a market cap of $547.2 million; its shares were traded at around $8.04 .

New Purchase: Quest Software Inc. (QSFT)

John Paulson initiated holdings in Quest Software Inc.. His purchase prices were between $17.82 and $24.92, with an estimated average price of $20.88. The impact to his portfolio due to this purchase was 0.13%. His holdings were 1,200,000 shares as of 09/30/2010.

Quest Software Inc. provides application and information availability software solutions that enhance the performance and reliability of an organization's e-business, enterprise and custom applications and enable the delivery of information across the entire enterprise. Quest Software Inc. has a market cap of $2.34 billion; its shares were traded at around $25.9 with a P/E ratio of 21.2 and P/S ratio of 3.4. Quest Software Inc. had an annual average earning growth of 28.9% over the past 10 years. GuruFocus rated Quest Software Inc. the business predictability rank of 2.5-star.

New Purchase: Alberto-culver Co (ACV)

John Paulson initiated holdings in Alberto-culver Co. His purchase prices were between $27.52 and $37.83, with an estimated average price of $30.36. The impact to his portfolio due to this purchase was 0.08%. His holdings were 500,000 shares as of 09/30/2010.

Alberto Culver Company develops, manufactures, distributes and markets beauty care products, as well as food and household products in the United States and more than 100 other countries. Alberto-culver Co has a market cap of $3.67 billion; its shares were traded at around $37.15 with a P/E ratio of 22.9 and P/S ratio of 2.3. The dividend yield of Alberto-culver Co stocks is 0.9%.

New Purchase: Brocade Communications Systems, Inc. (BRCD)

John Paulson initiated holdings in Brocade Communications Systems, Inc.. His purchase prices were between $4.7 and $6.26, with an estimated average price of $5.3. The impact to his portfolio due to this purchase was 0.07%. His holdings were 2,900,000 shares as of 09/30/2010.

Brocade Communications Systems, Inc. delivers industry-platforms, solutions, and services for intelligently connecting, managing, and optimizing IT resources in shared storage environments. Brocade Communications Systems, Inc. has a market cap of $2.54 billion; its shares were traded at around $5.61 with a P/E ratio of 14 and P/S ratio of 1.3. Brocade Communications Systems, Inc. had an annual average earning growth of 3.8% over the past 10 years. GuruFocus rated Brocade Communications Systems, Inc. the business predictability rank of 2-star.

New Purchase: Beazer Homes Usa Inc (BZMD)

John Paulson initiated holdings in Beazer Homes Usa Inc. His purchase prices were between $18.58 and $24.71, with an estimated average price of $21.77. The impact to his portfolio due to this purchase was 0.01%. His holdings were 150,000 shares as of 09/30/2010.

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Reduced: Family Dollar Stores Inc. (FDO)

John Paulson reduced to his holdings in Family Dollar Stores Inc. by 66.67%. His sale prices were between $36 and $44.05, with an estimated average price of $41.45. The impact to his portfolio due to this sale was -0.78%. John Paulson still held 2,000,000 shares as of 09/30/2010.

Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. Family Dollar Stores Inc. has a market cap of $6.07 billion; its shares were traded at around $48.22 with a P/E ratio of 18.3 and P/S ratio of 0.8. The dividend yield of Family Dollar Stores Inc. stocks is 1.3%. Family Dollar Stores Inc. had an annual average earning growth of 8.1% over the past 10 years. GuruFocus rated Family Dollar Stores Inc. the business predictability rank of 4-star.

Reduced: Jpmorgan Chase & Co. (JPM)

John Paulson reduced to his holdings in Jpmorgan Chase & Co. by 28.57%. His sale prices were between $35.63 and $41.64, with an estimated average price of $39.01. The impact to his portfolio due to this sale was -0.33%. John Paulson still held 5,000,000 shares as of 09/30/2010.

J.P. Morgan Chase & Co. is a global financial services firm. Jpmorgan Chase & Co. has a market cap of $158.92 billion; its shares were traded at around $40.08 with a P/E ratio of 11.2 and P/S ratio of 1.6. The dividend yield of Jpmorgan Chase & Co. stocks is 0.5%.

Reduced: Mead Johnson Nutriti (MJN)

John Paulson reduced to his holdings in Mead Johnson Nutriti by 58.06%. His sale prices were between $51.17 and $57.12, with an estimated average price of $54.04. The impact to his portfolio due to this sale was -0.3%. John Paulson still held 896,700 shares as of 09/30/2010.

Mead Johnson Nutrition Company is a pediatric nutrition company. Mead Johnson Nutriti has a market cap of $12.4 billion; its shares were traded at around $60.61 with a P/E ratio of 25.9 and P/S ratio of 4.4. The dividend yield of Mead Johnson Nutriti stocks is 1.5%.

Reduced: Starwood Hotels & Resorts Worldwide Inc. (HOT)

John Paulson reduced to his holdings in Starwood Hotels & Resorts Worldwide Inc. by 37.88%. His sale prices were between $40.82 and $53.81, with an estimated average price of $48.29. The impact to his portfolio due to this sale was -0.23%. John Paulson still held 1,640,000 shares as of 09/30/2010.

Starwood Hotels & Resorts Worldwide, Inc. is one of the world's largesthotel operating companies. Starwood Hotels & Resorts Worldwide Inc. has a market cap of $10.59 billion; its shares were traded at around $55.71 with a P/E ratio of 44.9 and P/S ratio of 2.2. The dividend yield of Starwood Hotels & Resorts Worldwide Inc. stocks is 0.4%.

Sold Out: Exxon Mobil Corp. (XOM)

John Paulson sold out his holdings in Exxon Mobil Corp.. His sale prices were between $56.57 and $62.72, with an estimated average price of $60.26.

Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crudeoil, natural gas and petroleum products. Exxon Mobil Corp. has a market cap of $358.87 billion; its shares were traded at around $70.48 with a P/E ratio of 12.5 and P/S ratio of 1.2. The dividend yield of Exxon Mobil Corp. stocks is 2.5%. Exxon Mobil Corp. had an annual average earning growth of 11.2% over the past 10 years. GuruFocus rated Exxon Mobil Corp. the business predictability rank of 3.5-star.

Sold Out: Apache Corp. (APA)

John Paulson sold out his holdings in Apache Corp.. His sale prices were between $82.75 and $98.47, with an estimated average price of $91.95.

Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. Apache Corp. has a market cap of $39.21 billion; its shares were traded at around $107.63 with a P/E ratio of 12.4 and P/S ratio of 4.6. The dividend yield of Apache Corp. stocks is 0.6%. Apache Corp. had an annual average earning growth of 16.6% over the past 10 years. GuruFocus rated Apache Corp. the business predictability rank of 3-star.

Sold Out: Devon Energy Corp. (DVN)

John Paulson sold out his holdings in Devon Energy Corp.. His sale prices were between $59.79 and $65.68, with an estimated average price of $62.91.

Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration, development and production, and in the acquisition of producing properties. Devon Energy Corp. has a market cap of $31.07 billion; its shares were traded at around $71.43 with a P/E ratio of 11.1 and P/S ratio of 3.9. The dividend yield of Devon Energy Corp. stocks is 0.9%.

Sold Out: Directv Group Inc. The (DTV)

John Paulson sold out his holdings in Directv Group Inc. The. His sale prices were between $33.64 and $41.99, with an estimated average price of $38.34.

DIRECTV is a provider of digital multichannel television entertainment in the United States and Latin America. Directv Group Inc. The has a market cap of $36.54 billion; its shares were traded at around $42.15 with a P/E ratio of 19 and P/S ratio of 1.7.

Sold Out: Goldman Sachs Group Inc. The (GS)

John Paulson sold out his holdings in Goldman Sachs Group Inc. The. His sale prices were between $131.08 and $156.41, with an estimated average price of $146.49.

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 $86.22 billion; its shares were traded at around $167.22 with a P/E ratio of 8.6 and P/S ratio of 1.7. The dividend yield of Goldman Sachs Group Inc. The stocks is 0.8%. Goldman Sachs Group Inc. The had an annual average earning growth of 12.7% over the past 10 years.

Sold Out: The Macerich Company (MAC)

John Paulson sold out his holdings in The Macerich Company. His sale prices were between $35.95 and $45.12, with an estimated average price of $41.07.

MACERICH CO. is a self-administered, self-managed real estate investment trust which is engaged in the acquisition, ownership, redevelopment, management and leasing of regional shopping centers located throughout the United States. The Macerich Company has a market cap of $5.9 billion; its shares were traded at around $45.37 with a P/E ratio of 16.3 and P/S ratio of 7.3. The dividend yield of The Macerich Company stocks is 4.4%.

Sold Out: Sprint Nextel Corp. Series 1 (S)

John Paulson sold out his holdings in Sprint Nextel Corp. Series 1. His sale prices were between $3.9 and $5.05, with an estimated average price of $4.45.

Sprint Nextel offers a comprehensive range of wireless and wireline communications services to consumer, business and government customers. Sprint Nextel Corp. Series 1 has a market cap of $11.43 billion; its shares were traded at around $3.83 with and P/S ratio of 0.4.

Sold Out: Casey's General Stores Inc. (CASY)

John Paulson sold out his holdings in Casey's General Stores Inc.. His sale prices were between $35.45 and $44.24, with an estimated average price of $38.87.

Casey's General Stores, Inc. operate convenience stores under the name ``Casey's General Store`` in Midwestern states, primarily Iowa, Missouri and Illinois. Casey's General Stores Inc. has a market cap of $2.03 billion; its shares were traded at around $39.94 with a P/E ratio of 17.2 and P/S ratio of 0.4. The dividend yield of Casey's General Stores Inc. stocks is 1.4%. Casey's General Stores Inc. had an annual average earning growth of 16.3% over the past 10 years. GuruFocus rated Casey's General Stores Inc. the business predictability rank of 2.5-star.

Sold Out: Hyatt Hotels Corporation (H)

John Paulson sold out his holdings in Hyatt Hotels Corporation. His sale prices were between $34.98 and $40.13, with an estimated average price of $37.85.

Hyatt Hotels Corporation is a global hospitality company that manages, franchises, owns and develops Hyatt branded hotels, resorts and residential and vacation ownership properties around the world. Hyatt Hotels Corporation has a market cap of $1.81 billion; its shares were traded at around $41.31 with a P/E ratio of 206.6 and P/S ratio of 0.5.

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