Hedge Fund Giant John Paulson's Portfolio Update; Buys HPQ, WY, RIG

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May 17, 2011
Hedge fund giant John Paulson reported his Q1 portfolio at Paulson & Co. With more money pouring in, Paulson bought a lot more stocks. He added to his gold positions in the first quarter. As of 03/31/2011, Paulson & Co. owns 108 stocks with a total value of $34.3 billion. These are the details of the buys and sells.


This is the portfolio chart of John Paulson. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.





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

29.7%

Basic Materials

17.1%

Oil & Gas

10.7%

Health Care

6.9%

Consumer Services

6.6%

Technology

4.2%

Industrials

2%

Consumer Goods

1.7%

Telecommunications

0.1%




These are the top 5 holdings of John Paulson


  1. SPDR GOLD TRUST SPDR GOLD (GLD) - 31,500,000 shares, 12.85% of the total portfolio.
  2. ANGLOGOLD ASHANTI Ltd. (AU) - 41,046,974 shares, 5.74% of the total portfolio. Shares added by 0.24%
  3. TRANSOCEAN LTD. (RIG) - 24,467,500 shares, 5.56% of the total portfolio. Shares added by 239.83%
  4. CITIGROUP INC. (C) - 41,272,221 shares, 5.32% of the total portfolio. Shares reduced by 0.19%
  5. ANADARKO PETROLEUM CORP. (APC) - 21,233,885 shares, 5.08% of the total portfolio. Shares reduced by 0.21%



Added: Transocean Ltd. (RIG, Financial)


John Paulson added to his holdings in Transocean Ltd. by 239.83%. His purchase prices were between $69.44 and $85.47, with an estimated average price of $79.23. The impact to his portfolio due to this purchase was 3.92%. His holdings were 24,467,500 shares as of 03/31/2011.


Added: Xl Group Plc New (XL, Financial)


John Paulson added to his holdings in Xl Group Plc New by 242.84%. His purchase prices were between $21.81 and $24.65, with an estimated average price of $22.89. The impact to his portfolio due to this purchase was 1.49%. His holdings were 29,400,000 shares as of 03/31/2011.


Added: International Paper Co. (IP, Financial)


John Paulson added to his holdings in International Paper Co. by 290.88%. His purchase prices were between $25.63 and $30.29, with an estimated average price of $28.01. The impact to his portfolio due to this purchase was 0.65%. His holdings were 10,000,000 shares as of 03/31/2011.


Added: Baxter International Inc. (BAX, Financial)


John Paulson added to his holdings in Baxter International Inc. by 60%. His purchase prices were between $48.38 and $53.91, with an estimated average price of $51.16. The impact to his portfolio due to this purchase was 0.47%. His holdings were 8,000,000 shares as of 03/31/2011.


Added: Boise Inc (BZ, Financial)


John Paulson added to his holdings in Boise Inc by 656.07%. His purchase prices were between $7.93 and $9.55, with an estimated average price of $8.77. The impact to his portfolio due to this purchase was 0.18%. His holdings were 8,000,000 shares as of 03/31/2011.


Added: Veeco Instruments Inc. (VECO, Financial)


John Paulson added to his holdings in Veeco Instruments Inc. by 34.65%. His purchase prices were between $42.82 and $52.7, with an estimated average price of $47.36. The impact to his portfolio due to this purchase was 0.12%. His holdings were 3,000,000 shares as of 03/31/2011.


Added: Gold Fields Ltd Adr (GFI, Financial)


John Paulson added to his holdings in Gold Fields Ltd Adr by 8.32%. His purchase prices were between $15.84 and $18.14, with an estimated average price of $16.88. The impact to his portfolio due to this purchase was 0.1%. His holdings were 26,050,000 shares as of 03/31/2011.


Added: Barrick Gold Corp. (ABX, Financial)


John Paulson added to his holdings in Barrick Gold Corp. by 125%. His purchase prices were between $46.13 and $53.88, with an estimated average price of $49.83. The impact to his portfolio due to this purchase was 0.08%. His holdings were 900,000 shares as of 03/31/2011.


Added: Randgold Resources Ltd. (GOLD, Financial)


John Paulson added to his holdings in Randgold Resources Ltd. by 41.41%. His purchase prices were between $71.47 and $83.24, with an estimated average price of $78.11. The impact to his portfolio due to this purchase was 0.05%. His holdings were 700,000 shares as of 03/31/2011.


Added: Ralcorp Holdings Inc. (RAH, Financial)


John Paulson added to his holdings in Ralcorp Holdings Inc. by 33.87%. His purchase prices were between $59.4 and $66.84, with an estimated average price of $63.73. The impact to his portfolio due to this purchase was 0.02%. His holdings were 400,000 shares as of 03/31/2011.


Added: Felcor Lodging Trust Inc. (FCH, Financial)


John Paulson added to his holdings in Felcor Lodging Trust Inc. by 26.67%. His purchase prices were between $5.82 and $8.12, with an estimated average price of $7.25. The impact to his portfolio due to this purchase was 0.02%. His holdings were 5,700,000 shares as of 03/31/2011.


Added: Royal Bank Of Scotland Group Plc Ads Series N (RBS.PN)


John Paulson added to his holdings in Royal Bank Of Scotland Group Plc Ads Series N by 25.71%. His purchase prices were between $14.55 and $17.8, with an estimated average price of $16.38. The impact to his portfolio due to this purchase was 0.01%. His holdings were 735,490 shares as of 03/31/2011.


New Purchase: Hewlett Packard Co (HPQ, Financial)


John Paulson initiated holdings in Hewlett Packard Co. His purchase prices were between $40.14 and $48.99, with an estimated average price of $44.65. The impact to his portfolio due to this purchase was 2.99%. His holdings were 25,000,000 shares as of 03/31/2011.


New Purchase: Lubrizol Corp. (LZ, Financial)


John Paulson initiated holdings in Lubrizol Corp.. His purchase prices were between $102.16 and $134.68, with an estimated average price of $113.47. The impact to his portfolio due to this purchase was 2.35%. His holdings were 6,000,000 shares as of 03/31/2011.


New Purchase: Weyerhauser Company (WY)


John Paulson initiated holdings in Weyerhauser Company. His purchase prices were between $18.93 and $25.2, with an estimated average price of $23.28. The impact to his portfolio due to this purchase was 2.28%. His holdings were 31,700,200 shares as of 03/31/2011.


New Purchase: Alpha Natural Resources Inc. (ANR)


John Paulson initiated holdings in Alpha Natural Resources Inc.. His purchase prices were between $50.29 and $67.38, with an estimated average price of $56.95. The impact to his portfolio due to this purchase was 2.08%. His holdings were 12,000,000 shares as of 03/31/2011.


New Purchase: Smurfitstone Container Corp (SSCC)


John Paulson initiated holdings in Smurfitstone Container Corp. His purchase prices were between $25.6 and $40.01, with an estimated average price of $35.53. The impact to his portfolio due to this purchase was 1.03%. His holdings were 9,150,000 shares as of 03/31/2011.


New Purchase: Metlife Inc. (MLU)


John Paulson initiated holdings in Metlife Inc.. His purchase prices were between $80.85 and $87, with an estimated average price of $84.66. The impact to his portfolio due to this purchase was 0.57%. His holdings were 2,299,115 shares as of 03/31/2011.


New Purchase: Family Dollar Stores Inc (FDO)


John Paulson initiated holdings in Family Dollar Stores Inc. His purchase prices were between $41.38 and $53.25, with an estimated average price of $47.48. The impact to his portfolio due to this purchase was 0.52%. His holdings were 3,455,000 shares as of 03/31/2011.


New Purchase: Anglogold Ashanti Holdings Finance Plc (AU.PA)


John Paulson initiated holdings in Anglogold Ashanti Holdings Finance Plc. His purchase prices were between $50.4499 and $55.65, with an estimated average price of $52.78. The impact to his portfolio due to this purchase was 0.47%. His holdings were 3,000,000 shares as of 03/31/2011.


New Purchase: Scripps Networks Interactive Inc. (SNI)


John Paulson initiated holdings in Scripps Networks Interactive Inc.. His purchase prices were between $45.99 and $53.36, with an estimated average price of $49.65. The impact to his portfolio due to this purchase was 0.44%. His holdings were 3,000,000 shares as of 03/31/2011.


New Purchase: Sl Green Realty Corp. (SLG)


John Paulson initiated holdings in Sl Green Realty Corp.. His purchase prices were between $67.05 and $75.73, with an estimated average price of $71.76. The impact to his portfolio due to this purchase was 0.31%. His holdings were 1,400,000 shares as of 03/31/2011.


New Purchase: Penney Company Inc. (JCP)


John Paulson initiated holdings in Penney Company Inc.. His purchase prices were between $29.08 and $37.67, with an estimated average price of $34.06. The impact to his portfolio due to this purchase was 0.24%. His holdings were 2,281,035 shares as of 03/31/2011.


New Purchase: Rocktenn Company (RKT)


John Paulson initiated holdings in Rocktenn Company. His purchase prices were between $53.95 and $72.8, with an estimated average price of $65.1. The impact to his portfolio due to this purchase was 0.2%. His holdings were 1,000,000 shares as of 03/31/2011.


New Purchase: Lorillard Inc. (LO)


John Paulson initiated holdings in Lorillard Inc.. His purchase prices were between $74.2 and $96.44, with an estimated average price of $79.84. The impact to his portfolio due to this purchase was 0.16%. His holdings were 580,000 shares as of 03/31/2011.


New Purchase: Atheros Communications Inc. (ATHR)


John Paulson initiated holdings in Atheros Communications Inc.. His purchase prices were between $35.92 and $44.85, with an estimated average price of $44.37. The impact to his portfolio due to this purchase was 0.13%. His holdings were 1,000,000 shares as of 03/31/2011.


New Purchase: Fairpoint Communications Inc. (FRP)


John Paulson initiated holdings in Fairpoint Communications Inc.. His purchase prices were between $16.475 and $24.78, with an estimated average price of $21.87. The impact to his portfolio due to this purchase was 0.11%. His holdings were 2,330,889 shares as of 03/31/2011.


New Purchase: Pride International Inc. (PDE)


John Paulson initiated holdings in Pride International Inc.. His purchase prices were between $31.45 and $43.26, with an estimated average price of $37.99. The impact to his portfolio due to this purchase was 0.09%. His holdings were 750,000 shares as of 03/31/2011.


New Purchase: Cooper Companies (COO)


John Paulson initiated holdings in Cooper Companies. His purchase prices were between $56.06 and $70.56, with an estimated average price of $61.79. The impact to his portfolio due to this purchase was 0.05%. His holdings were 250,600 shares as of 03/31/2011.


New Purchase: Medicis Pharmaceutical (MRX)


John Paulson initiated holdings in Medicis Pharmaceutical. His purchase prices were between $24.99 and $32.36, with an estimated average price of $28.28. The impact to his portfolio due to this purchase was 0.03%. His holdings were 301,161 shares as of 03/31/2011.


New Purchase: Salix Pharmaceuticals Ltd. (SLXP)


John Paulson initiated holdings in Salix Pharmaceuticals Ltd.. His purchase prices were between $31.61 and $48.03, with an estimated average price of $38.86. The impact to his portfolio due to this purchase was 0.01%. His holdings were 140,000 shares as of 03/31/2011.


Reduced: Cit Group Inc. New (CIT)


John Paulson reduced to his holdings in Cit Group Inc. New by 60.98%. His sale prices were between $41.82 and $49.01, with an estimated average price of $45.21. The impact to his portfolio due to this sale was -0.25%. John Paulson still held 1,303,627 shares as of 03/31/2011.


Reduced: Boston Scientific Corp. (BSX)


John Paulson reduced to his holdings in Boston Scientific Corp. by 40%. His sale prices were between $6.85 and $7.78, with an estimated average price of $7.24. The impact to his portfolio due to this sale was -0.21%. John Paulson still held 15,000,000 shares as of 03/31/2011.


Reduced: Emergency Medical Services Corp. (EMS)


John Paulson reduced to his holdings in Emergency Medical Services Corp. by 32.59%. His sale prices were between $62.92 and $70.69, with an estimated average price of $65.1. The impact to his portfolio due to this sale was -0.04%. John Paulson still held 500,000 shares as of 03/31/2011.


Sold Out: Pfizer Inc. (PFE)


John Paulson sold out his holdings in Pfizer Inc.. His sale prices were between $17.51 and $20.38, with an estimated average price of $19.07.


Sold Out: Commscope Inc. (CTV)


John Paulson sold out his holdings in Commscope Inc.. His sale prices were between $31.22 and $31.48, with an estimated average price of $31.38.


Sold Out: Walter Energy Inc. (WLT)


John Paulson sold out his holdings in Walter Energy Inc.. His sale prices were between $114.12 and $138.58, with an estimated average price of $125.21.


Sold Out: Symantec Corp. (SYMC)


John Paulson sold out his holdings in Symantec Corp.. His sale prices were between $16.74 and $18.63, with an estimated average price of $17.84.


Sold Out: Apollo Group Inc. (APOL)


John Paulson sold out his holdings in Apollo Group Inc.. His sale prices were between $35.94 and $45.82, with an estimated average price of $42.25.


Sold Out: Airgas Inc. (ARG)


John Paulson sold out his holdings in Airgas Inc.. His sale prices were between $60.87 and $66.78, with an estimated average price of $63.33.


Sold Out: Brocade Communications Systems Inc. New (BRCD)


John Paulson sold out his holdings in Brocade Communications Systems Inc. New. His sale prices were between $5.29 and $6.445, with an estimated average price of $5.94.


Sold Out: Cheniere Energy Inc. (LNG)


John Paulson sold out his holdings in Cheniere Energy Inc.. His sale prices were between $5.52 and $10.38, with an estimated average price of $7.97.