Hedge Fund Viking Global Q1 Portfolio Update

Hedge fund Viking Global Investors LP just reported its first quarter portfolio. The fund is founded by Andreas Halvorsen. Norwegian Halvorsen launched Viking Global at the end of 1999 with former Tiger Management Fund employees David Ott and Brian Olson. As of 03/31/2011, Viking Global Investors LP owns 61 stocks with a total value of $11.6 billion. These are the details of the buys and sells.

Viking is a long/short global equity fund with a bottom-up stock picking approach: “We believe that our thoughtful analysis and disciplined valuation over time yield a diversified portfolio of longs and shorts whose stock price developments will deviate from each other and provide a profitable spread.” Viking analysts are encouraged to invest in stock choices they find compelling, regardless of management sentiment: “When we had strong conviction in an investment and scaled it, our success rate increased – in other words, our high conviction has been correlated with improved odds of being right.”

This is the portfolio chart of Andreas Halvorsen. 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.

• New Purchases: JCI, PCLN, NWSA, VIA.B, WFC, UPS, STJ, LOW, OPEN, HCA, CX, CAH, QCOM, SWKS, CFN, HUM, AET, ESRX, INFA, WDC, QLIK, JNJ,
• Added Positions: JPM, MMC, HRB, TLM, MET, UHS, AMT, BLK, EL, XOM, USB, HMA, DVA, APKT, DHI, GFA, BRCM, VIT, VIT, UHS,
• Reduced Positions: BIDU, IVZ, YUM, GR, AMZN, POT, AON, VRX, CI, DVN, MCK, LVS, HSP,
• Sold Out: C, PNC, CCI, GOOG, AKAM, APOL, WPI, MDRX, BEC, LNC, PG, HES, AAPL, COF, COST, PKI, TLCR, MHS, URBN, VAL, JKHY, CYH, FITB, BID, ABC, SLG, MDT, LPNT, NIHD, HLS, MGM, EDU, AGP, KBH,

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

This is the sector weightings of his portfolio:



These are the top 5 holdings of Andreas Halvorsen

1. ESTEE LAUDER CO. (EL) - 6,910,265 shares, 5.75% of the total portfolio. Shares added by 9.29%
2. INVESCO LTD (IVZ) - 24,627,242 shares, 5.43% of the total portfolio. Shares reduced by 30.77%
3. TIME WARNER CABLE INC. (TWC) - 7,721,684 shares, 4.75% of the total portfolio. Shares reduced by 16.16%
4. JOHNSON CONTROLS INC. (JCI) - 11,871,631 shares, 4.26% of the total portfolio. Shares added by 10000%
5. JP Morgan Chase (JPM) - 10,114,100 shares, 4.02% of the total portfolio. Shares added by 437.67%

Added: Jp Morgan Chase (JPM, Financial)

Andreas Halvorsen added to his holdings in Jp Morgan Chase by 437.67%. His purchase prices were between $42.42 and $48, with an estimated average price of $45.34. The impact to his portfolio due to this purchase was 3.27%. His holdings were 10,114,100 shares as of 03/31/2011.

Added: Marsh & Mclennan Cos (MMC, Financial)

Andreas Halvorsen added to his holdings in Marsh & Mclennan Cos by 136.29%. His purchase prices were between $26.82 and $30.78, with an estimated average price of $28.88. The impact to his portfolio due to this purchase was 1.09%. His holdings were 7,361,561 shares as of 03/31/2011.

Added: H&r Block Inc. (HRB, Financial)

Andreas Halvorsen added to his holdings in H&r Block Inc. by 60.39%. His purchase prices were between $11.91 and $16.8, with an estimated average price of $14.13. The impact to his portfolio due to this purchase was 0.91%. His holdings were 16,693,740 shares as of 03/31/2011.

Added: Talisman Energy Inc. (TLM, Financial)

Andreas Halvorsen added to his holdings in Talisman Energy Inc. by 109.1%. His purchase prices were between $22.03 and $25.11, with an estimated average price of $23.37. The impact to his portfolio due to this purchase was 0.73%. His holdings were 6,557,500 shares as of 03/31/2011.

Added: Metlife Inc. (MET, Financial)

Andreas Halvorsen added to his holdings in Metlife Inc. by 59.54%. His purchase prices were between $42.28 and $48.63, with an estimated average price of $45.93. The impact to his portfolio due to this purchase was 0.68%. His holdings were 4,689,000 shares as of 03/31/2011.

Added: Universal Health Services Inc. (UHS)

Andreas Halvorsen added to his holdings in Universal Health Services Inc. by 48.79%. His purchase prices were between $42.06 and $48.79, with an estimated average price of $44.99. The impact to his portfolio due to this purchase was 0.65%. His holdings were 4,628,877 shares as of 03/31/2011.

Added: American Tower Corp. (AMT)

Andreas Halvorsen added to his holdings in American Tower Corp. by 15%. His purchase prices were between $46.61 and $56.73, with an estimated average price of $51.75. The impact to his portfolio due to this purchase was 0.52%. His holdings were 8,850,584 shares as of 03/31/2011.

Added: Blackrock Inc. (BLK)

Andreas Halvorsen added to his holdings in Blackrock Inc. by 17.41%. His purchase prices were between $179.77 and $207.06, with an estimated average price of $195.03. The impact to his portfolio due to this purchase was 0.51%. His holdings were 1,963,300 shares as of 03/31/2011.

Added: Estee Lauder Co. (EL)

Andreas Halvorsen added to his holdings in Estee Lauder Co. by 9.29%. His purchase prices were between $80.08 and $95.97, with an estimated average price of $88.5. The impact to his portfolio due to this purchase was 0.49%. His holdings were 6,910,265 shares as of 03/31/2011.

Added: Exxon Mobil Corp. (XOM)

Andreas Halvorsen added to his holdings in Exxon Mobil Corp. by 87.23%. His purchase prices were between $73.12 and $85.97, with an estimated average price of $81.35. The impact to his portfolio due to this purchase was 0.47%. His holdings were 1,373,300 shares as of 03/31/2011.

Added: U.s. Bancorp (USB)

Andreas Halvorsen added to his holdings in U.s. Bancorp by 29.99%. His purchase prices were between $26.05 and $28.7, with an estimated average price of $27.14. The impact to his portfolio due to this purchase was 0.41%. His holdings were 7,744,000 shares as of 03/31/2011.

Added: Health Management Assoc. (HMA)

Andreas Halvorsen added to his holdings in Health Management Assoc. by 79.21%. His purchase prices were between $8.94 and $10.94, with an estimated average price of $9.77. The impact to his portfolio due to this purchase was 0.3%. His holdings were 7,341,900 shares as of 03/31/2011.

Added: Davita Inc. (DVA)

Andreas Halvorsen added to his holdings in Davita Inc. by 17.47%. His purchase prices were between $69.07 and $84.13, with an estimated average price of $76.87. The impact to his portfolio due to this purchase was 0.29%. His holdings were 2,663,691 shares as of 03/31/2011.

Added: Acme Packet Inc. (APKT)

Andreas Halvorsen added to his holdings in Acme Packet Inc. by 27.4%. His purchase prices were between $49.99 and $76.91, with an estimated average price of $66.06. The impact to his portfolio due to this purchase was 0.17%. His holdings were 1,294,400 shares as of 03/31/2011.

Added: D.r. Horton Inc. (DHI)

Andreas Halvorsen added to his holdings in D.r. Horton Inc. by 15.58%. His purchase prices were between $11.33 and $13.5, with an estimated average price of $12.26. The impact to his portfolio due to this purchase was 0.15%. His holdings were 11,066,800 shares as of 03/31/2011.

Added: Gafisa S.a. (GFA)

Andreas Halvorsen added to his holdings in Gafisa S.a. by 68.03%. His purchase prices were between $12.03 and $14.96, with an estimated average price of $12.96. The impact to his portfolio due to this purchase was 0.13%. His holdings were 2,845,702 shares as of 03/31/2011.

Added: Broadcom Corp. (BRCM)

Andreas Halvorsen added to his holdings in Broadcom Corp. by 17.88%. His purchase prices were between $38.89 and $47.34, with an estimated average price of $42.95. The impact to his portfolio due to this purchase was 0.1%. His holdings were 1,944,200 shares as of 03/31/2011.

Added: Vanceinfo Technologies Inc (VIT)

Andreas Halvorsen added to his holdings in Vanceinfo Technologies Inc by 36.94%. His purchase prices were between $27.96 and $37.44, with an estimated average price of $33.18. The impact to his portfolio due to this purchase was 0.08%. His holdings were 1,124,100 shares as of 03/31/2011.

New Purchase: Johnson Controls Inc. (JCI, Financial)

Andreas Halvorsen initiated holdings in Johnson Controls Inc.. His purchase prices were between $37.37 and $42.4, with an estimated average price of $40.19. The impact to his portfolio due to this purchase was 4.26%. His holdings were 11,871,631 shares as of 03/31/2011.

New Purchase: Priceline.com Inc. (PCLN, Financial)

Andreas Halvorsen initiated holdings in Priceline.com Inc.. His purchase prices were between $399.55 and $504, with an estimated average price of $448.15. The impact to his portfolio due to this purchase was 3.96%. His holdings were 906,669 shares as of 03/31/2011.

New Purchase: News Corp. (NWSA, Financial)

Andreas Halvorsen initiated holdings in News Corp.. His purchase prices were between $14.13 and $17.71, with an estimated average price of $16.21. The impact to his portfolio due to this purchase was 3.05%. His holdings were 20,075,700 shares as of 03/31/2011.

New Purchase: Viacom Inc. (VIA.B, Financial)

Andreas Halvorsen initiated holdings in Viacom Inc.. His purchase prices were between $39.61 and $47, with an estimated average price of $43.67. The impact to his portfolio due to this purchase was 2.87%. His holdings were 7,150,838 shares as of 03/31/2011.

New Purchase: Wells Fargo & Co. (WFC, Financial)

Andreas Halvorsen initiated holdings in Wells Fargo & Co.. His purchase prices were between $30.99 and $34.1, with an estimated average price of $32.23. The impact to his portfolio due to this purchase was 1.57%. His holdings were 5,755,400 shares as of 03/31/2011.

New Purchase: United Parcel Service, Inc. (UPS, Financial)

Andreas Halvorsen initiated holdings in United Parcel Service, Inc.. His purchase prices were between $70.38 and $76.47, with an estimated average price of $73.13. The impact to his portfolio due to this purchase was 1.11%. His holdings were 1,724,203 shares as of 03/31/2011.

New Purchase: St. Jude Medical Inc. (STJ)

Andreas Halvorsen initiated holdings in St. Jude Medical Inc.. His purchase prices were between $40.5 and $51.71, with an estimated average price of $45.62. The impact to his portfolio due to this purchase was 0.96%. His holdings were 2,180,300 shares as of 03/31/2011.

New Purchase: Lowes Companies Inc. (LOW)

Andreas Halvorsen initiated holdings in Lowes Companies Inc.. His purchase prices were between $23.99 and $27.28, with an estimated average price of $25.57. The impact to his portfolio due to this purchase was 0.86%. His holdings were 3,762,400 shares as of 03/31/2011.

New Purchase: Opentable Inc. (OPEN)

Andreas Halvorsen initiated holdings in Opentable Inc.. His purchase prices were between $68.76 and $106.92, with an estimated average price of $85.68. The impact to his portfolio due to this purchase was 0.85%. His holdings were 926,200 shares as of 03/31/2011.

New Purchase: Hca Holdings Inc. (HCA)

Andreas Halvorsen initiated holdings in Hca Holdings Inc.. His purchase prices were between $30.91 and $34.24, with an estimated average price of $32.28. The impact to his portfolio due to this purchase was 0.79%. His holdings were 2,710,500 shares as of 03/31/2011.

New Purchase: Cemex S.a.b. De C.v. (CX)

Andreas Halvorsen initiated holdings in Cemex S.a.b. De C.v.. His purchase prices were between $8.14423 and $10.5481, with an estimated average price of $9.2. The impact to his portfolio due to this purchase was 0.77%. His holdings were 10,046,888 shares as of 03/31/2011.

New Purchase: Qualcomm Inc. (QCOM)

Andreas Halvorsen initiated holdings in Qualcomm Inc.. His purchase prices were between $49.49 and $59.58, with an estimated average price of $54.32. The impact to his portfolio due to this purchase was 0.67%. His holdings were 1,414,800 shares as of 03/31/2011.

New Purchase: Cardinal Health Inc. (CAH)

Andreas Halvorsen initiated holdings in Cardinal Health Inc.. His purchase prices were between $38.31 and $42.84, with an estimated average price of $41. The impact to his portfolio due to this purchase was 0.67%. His holdings were 1,895,000 shares as of 03/31/2011.

New Purchase: Skyworks Solutions Inc. (SWKS)

Andreas Halvorsen initiated holdings in Skyworks Solutions Inc.. His purchase prices were between $28.63 and $36.98, with an estimated average price of $32.68. The impact to his portfolio due to this purchase was 0.56%. His holdings were 2,001,182 shares as of 03/31/2011.

New Purchase: Carefusion Corp. (CFN)

Andreas Halvorsen initiated holdings in Carefusion Corp.. His purchase prices were between $25.22 and $28.51, with an estimated average price of $26.92. The impact to his portfolio due to this purchase was 0.47%. His holdings were 1,934,612 shares as of 03/31/2011.

New Purchase: Humana Inc. (HUM)

Andreas Halvorsen initiated holdings in Humana Inc.. His purchase prices were between $54.74 and $68.77, with an estimated average price of $61.03. The impact to his portfolio due to this purchase was 0.39%. His holdings were 641,400 shares as of 03/31/2011.

New Purchase: Aetna Inc. (AET)

Andreas Halvorsen initiated holdings in Aetna Inc.. His purchase prices were between $30.51 and $38.87, with an estimated average price of $35.38. The impact to his portfolio due to this purchase was 0.38%. His holdings were 1,175,045 shares as of 03/31/2011.

New Purchase: Express Scripts Inc. (ESRX)

Andreas Halvorsen initiated holdings in Express Scripts Inc.. His purchase prices were between $51.8 and $58.74, with an estimated average price of $55.84. The impact to his portfolio due to this purchase was 0.35%. His holdings were 722,400 shares as of 03/31/2011.

New Purchase: Informatica Corp. (INFA)

Andreas Halvorsen initiated holdings in Informatica Corp.. His purchase prices were between $41.97 and $51.47, with an estimated average price of $46.78. The impact to his portfolio due to this purchase was 0.35%. His holdings were 768,200 shares as of 03/31/2011.

New Purchase: Western Digital Corp. (WDC)

Andreas Halvorsen initiated holdings in Western Digital Corp.. His purchase prices were between $29.44 and $37.71, with an estimated average price of $33.83. The impact to his portfolio due to this purchase was 0.3%. His holdings were 935,300 shares as of 03/31/2011.

New Purchase: Qlik Technologies Inc. (QLIK)

Andreas Halvorsen initiated holdings in Qlik Technologies Inc.. His purchase prices were between $22.86 and $28.03, with an estimated average price of $24.61. The impact to his portfolio due to this purchase was 0.12%. His holdings were 525,010 shares as of 03/31/2011.

New Purchase: Johnson & Johnson (JNJ)

Andreas Halvorsen initiated holdings in Johnson & Johnson. His purchase prices were between $57.66 and $63.35, with an estimated average price of $60.71. The impact to his portfolio due to this purchase was 0.04%. His holdings were 75,000 shares as of 03/31/2011.

Reduced: Baidu Inc. Ads (BIDU)

Andreas Halvorsen reduced to his holdings in Baidu Inc. Ads by 53.27%. His sale prices were between $96.53 and $136.38, with an estimated average price of $117.59. The impact to his portfolio due to this sale was -2.98%. Andreas Halvorsen still held 2,198,116 shares as of 03/31/2011.

Reduced: Invesco Ltd (IVZ)

Andreas Halvorsen reduced to his holdings in Invesco Ltd by 30.77%. His sale prices were between $23.77 and $27.42, with an estimated average price of $25.34. The impact to his portfolio due to this sale was -2.41%. Andreas Halvorsen still held 24,627,242 shares as of 03/31/2011.

Reduced: Yum Brands Inc. (YUM)

Andreas Halvorsen reduced to his holdings in Yum Brands Inc. by 47.97%. His sale prices were between $46.4 and $52.85, with an estimated average price of $49.9. The impact to his portfolio due to this sale was -2.35%. Andreas Halvorsen still held 5,748,100 shares as of 03/31/2011.

Reduced: Goodrich Corp. (GR)

Andreas Halvorsen reduced to his holdings in Goodrich Corp. by 82.7%. His sale prices were between $80.88 and $93.09, with an estimated average price of $88.12. The impact to his portfolio due to this sale was -2.1%. Andreas Halvorsen still held 593,514 shares as of 03/31/2011.

Reduced: Amazon.com Inc. (AMZN)

Andreas Halvorsen reduced to his holdings in Amazon.com Inc. by 75.69%. His sale prices were between $160.97 and $191.25, with an estimated average price of $176.75. The impact to his portfolio due to this sale was -2.02%. Andreas Halvorsen still held 416,100 shares as of 03/31/2011.

Reduced: Potash Corp. Of Saskatchewan Inc. (POT)

Andreas Halvorsen reduced to his holdings in Potash Corp. Of Saskatchewan Inc. by 40.58%. His sale prices were between $51.61 and $63.3133, with an estimated average price of $57.54. The impact to his portfolio due to this sale was -1.78%. Andreas Halvorsen still held 5,112,100 shares as of 03/31/2011.

Reduced: Aon Corp. (AON)

Andreas Halvorsen reduced to his holdings in Aon Corp. by 75.16%. His sale prices were between $43.83 and $52.93, with an estimated average price of $48.94. The impact to his portfolio due to this sale was -1.75%. Andreas Halvorsen still held 1,262,050 shares as of 03/31/2011.

Reduced: Valeant Pharmaceuticals International (VRX)

Andreas Halvorsen reduced to his holdings in Valeant Pharmaceuticals International by 28.1%. His sale prices were between $28.29 and $50.08, with an estimated average price of $38.68. The impact to his portfolio due to this sale was -1.11%. Andreas Halvorsen still held 6,634,189 shares as of 03/31/2011.

Reduced: Cigna Corp. (CI)

Andreas Halvorsen reduced to his holdings in Cigna Corp. by 60.1%. His sale prices were between $36.66 and $44.12, with an estimated average price of $41.71. The impact to his portfolio due to this sale was -1.02%. Andreas Halvorsen still held 1,771,883 shares as of 03/31/2011.

Reduced: Devon Energy Corp. (DVN)

Andreas Halvorsen reduced to his holdings in Devon Energy Corp. by 45.07%. His sale prices were between $78.2 and $93.1, with an estimated average price of $86.81. The impact to his portfolio due to this sale was -0.86%. Andreas Halvorsen still held 1,326,200 shares as of 03/31/2011.

Reduced: Mckesson Corp. (MCK)

Andreas Halvorsen reduced to his holdings in Mckesson Corp. by 45.73%. His sale prices were between $70.38 and $80.64, with an estimated average price of $76.99. The impact to his portfolio due to this sale was -0.61%. Andreas Halvorsen still held 1,061,660 shares as of 03/31/2011.

Reduced: Las Vegas Sands Corp. (LVS)

Andreas Halvorsen reduced to his holdings in Las Vegas Sands Corp. by 73.56%. His sale prices were between $36.34 and $50.6, with an estimated average price of $44.82. The impact to his portfolio due to this sale was -0.47%. Andreas Halvorsen still held 475,500 shares as of 03/31/2011.

Reduced: Hospira Inc. (HSP)

Andreas Halvorsen reduced to his holdings in Hospira Inc. by 60.37%. His sale prices were between $51.05 and $56.8, with an estimated average price of $54.12. The impact to his portfolio due to this sale was -0.44%. Andreas Halvorsen still held 616,195 shares as of 03/31/2011.

Sold Out: Citigroup Inc. (C)

Andreas Halvorsen sold out his holdings in Citigroup Inc.. His sale prices were between $43.9 and $51.3, with an estimated average price of $47.29.

Sold Out: Pnc Financial Services Group (PNC)

Andreas Halvorsen sold out his holdings in Pnc Financial Services Group. His sale prices were between $59.99 and $64.94, with an estimated average price of $62.07.

Sold Out: Crown Castle Intl. Corp. (CCI)

Andreas Halvorsen sold out his holdings in Crown Castle Intl. Corp.. His sale prices were between $37.37 and $46.17, with an estimated average price of $42.02.

Sold Out: Google Inc. (GOOG)

Andreas Halvorsen sold out his holdings in Google Inc.. His sale prices were between $557.1 and $639.63, with an estimated average price of $603.21.

Sold Out: Akamai Technologies Inc. (AKAM)

Andreas Halvorsen sold out his holdings in Akamai Technologies Inc.. His sale prices were between $34.96 and $52.24, with an estimated average price of $43.1.

Sold Out: Apollo Group Inc. (APOL)

Andreas Halvorsen 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: Watson Pharmaceuticals (WPI)

Andreas Halvorsen sold out his holdings in Watson Pharmaceuticals. His sale prices were between $50.59 and $57.38, with an estimated average price of $54.81.

Sold Out: Allscripts Healthcare Solutions Inc. (MDRX)

Andreas Halvorsen sold out his holdings in Allscripts Healthcare Solutions Inc.. His sale prices were between $19.27 and $22.185, with an estimated average price of $20.9.

Sold Out: Beckman Coulter Inc. (BEC)

Andreas Halvorsen sold out his holdings in Beckman Coulter Inc.. His sale prices were between $71.07 and $83.13, with an estimated average price of $78.92.

Sold Out: Lincoln National Corp. (LNC)

Andreas Halvorsen sold out his holdings in Lincoln National Corp.. His sale prices were between $27.81 and $32.49, with an estimated average price of $30.13.

Sold Out: Procter & Gamble Company (PG)

Andreas Halvorsen sold out his holdings in Procter & Gamble Company. His sale prices were between $59.73 and $66.7, with an estimated average price of $63.31.

Sold Out: Hess Corp. (HES)

Andreas Halvorsen sold out his holdings in Hess Corp.. His sale prices were between $76.54 and $87.03, with an estimated average price of $81.57.

Sold Out: Apple Inc. (AAPL)

Andreas Halvorsen sold out his holdings in Apple Inc.. His sale prices were between $322.56 and $363.13, with an estimated average price of $345.06.

Sold Out: Capital One Financial (COF)

Andreas Halvorsen sold out his holdings in Capital One Financial. His sale prices were between $42.56 and $52.76, with an estimated average price of $49.19.

Sold Out: Perkinelmer Inc. (PKI)

Andreas Halvorsen sold out his holdings in Perkinelmer Inc.. His sale prices were between $24.72 and $28.03, with an estimated average price of $26.26.

Sold Out: Costco Wholesale Corp. (COST)

Andreas Halvorsen sold out his holdings in Costco Wholesale Corp.. His sale prices were between $69.76 and $75.43, with an estimated average price of $72.58.

Sold Out: Talecris Biotherapeutics Holdings Corp. (TLCR)

Andreas Halvorsen sold out his holdings in Talecris Biotherapeutics Holdings Corp.. His sale prices were between $22.77 and $26.66, with an estimated average price of $24.8.

Sold Out: Medco Health Solutions Inc. (MHS)

Andreas Halvorsen sold out his holdings in Medco Health Solutions Inc.. His sale prices were between $52.2 and $65.3, with an estimated average price of $60.96.

Sold Out: Urban Outfitters Inc. (URBN)

Andreas Halvorsen sold out his holdings in Urban Outfitters Inc.. His sale prices were between $29.62 and $38.5, with an estimated average price of $34.67.

Sold Out: Valspar Corp. (VAL)

Andreas Halvorsen sold out his holdings in Valspar Corp.. His sale prices were between $33.97 and $39.14, with an estimated average price of $37.22.

Sold Out: Jack Henry & Associates Inc. (JKHY)

Andreas Halvorsen sold out his holdings in Jack Henry & Associates Inc.. His sale prices were between $29.15 and $33.74, with an estimated average price of $31.07.

Sold Out: Community Health S. (CYH)

Andreas Halvorsen sold out his holdings in Community Health S.. His sale prices were between $34.82 and $42.1, with an estimated average price of $38.16.

Sold Out: Fifth Third Bancorp (FITB)

Andreas Halvorsen sold out his holdings in Fifth Third Bancorp. His sale prices were between $13.4 and $15.52, with an estimated average price of $14.48.

Sold Out: Sotheby's (BID)

Andreas Halvorsen sold out his holdings in Sotheby's. His sale prices were between $39.42 and $49.76, with an estimated average price of $45.3.

Sold Out: Amerisourcebergen Corp. (ABC)

Andreas Halvorsen sold out his holdings in Amerisourcebergen Corp.. His sale prices were between $33.94 and $39.73, with an estimated average price of $36.68.

Sold Out: Medtronic Inc. (MDT)

Andreas Halvorsen sold out his holdings in Medtronic Inc.. His sale prices were between $36.41 and $41.27, with an estimated average price of $38.4.

Sold Out: Sl Green Realty Corp. (SLG)

Andreas Halvorsen sold out his holdings in Sl Green Realty Corp.. His sale prices were between $67.05 and $75.73, with an estimated average price of $71.76.

Sold Out: Lifepoint Hospitals Inc. (LPNT)

Andreas Halvorsen sold out his holdings in Lifepoint Hospitals Inc.. His sale prices were between $34.84 and $39.9, with an estimated average price of $37.3.

Sold Out: Nii Holdings Inc (NIHD)

Andreas Halvorsen sold out his holdings in Nii Holdings Inc. His sale prices were between $37.16 and $44.66, with an estimated average price of $41.09.

Sold Out: Healthsouth Corp. (HLS)

Andreas Halvorsen sold out his holdings in Healthsouth Corp.. His sale prices were between $20.71 and $25.24, with an estimated average price of $23.44.

Sold Out: Mgm Resorts International (MGM)

Andreas Halvorsen sold out his holdings in Mgm Resorts International. His sale prices were between $12.33 and $16.76, with an estimated average price of $14.45.

Sold Out: New Oriental Education And Technology Group Inc. (EDU)

Andreas Halvorsen sold out his holdings in New Oriental Education And Technology Group Inc.. His sale prices were between $89.79 and $108.64, with an estimated average price of $98.33.

Sold Out: Amerigroup Corp. (AGP)

Andreas Halvorsen sold out his holdings in Amerigroup Corp.. His sale prices were between $43.92 and $64.14, with an estimated average price of $54.36.

Sold Out: Kb Home (KBH)

Andreas Halvorsen sold out his holdings in Kb Home. His sale prices were between $12.62 and $15.71, with an estimated average price of $14.08.

Added: Vanceinfo Technologies Inc (VIT)

Andreas Halvorsen added to his holdings in Vanceinfo Technologies Inc by 218.14%. The impact to his portfolio due to this purchase was 0.47%. His holdings were 2,611,600 shares as of 03/31/2011.

Added: Universal Health Services Inc. (UHS)

Andreas Halvorsen added to his holdings in Universal Health Services Inc. by 71.78%. The impact to his portfolio due to this purchase was 0.86%. His holdings were 5,343,992 shares as of 03/31/2011.