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Hedge Fund Giant John Paulson Buys NWS, COV, CVS, Sells GLD, C, HPQ, WFC, BLK

gurufocus

gurufocus

371 followers
John Paulson has been under attack from the media, as his fund suffered unprecedented losses this year. But over long term, Paulson is still one of the best investors, especially in the area of merger arbitrage. Paulson has been a net seller of stocks during the third quarter, probably due to pressure from redemptions. He reduced dramatically his gold positions. His largest new positions are apparently for his merger arbitrage fund, these positions include Motorola Mobility Holdings (MMI), Nalco Holding Co. (NLC). Both of them are in the process of being acquired.

As of 09/30/2011, Paulson & Co. owns 103 stocks with a total value of $20.7 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 24.3%
Basic Materials 13.8%
Health Care 10.6%
Oil & Gas 8.6%
Consumer Services 6.8%
Not Assigned 6.2%
Technology 4%
Consumer Goods 3.1%
Utilities 3.1%
Industrials 2.6%
Telecom 0.3%


These are the top 5 holdings of John Paulson

  1. SPDR Gold Trust (GLD) - 20,273,540 shares, 15.5% of the total portfolio. Shares reduced by 35.64%
  2. AngloGold Ashanti Ltd. ADS (AU) - 36,686,719 shares, 7.3% of the total portfolio. Shares reduced by 8.13%
  3. Anadarko Petroleum Corp. (APC) - 14,171,448 shares, 4.3% of the total portfolio. Shares reduced by 15.2%
  4. Capital One Financial Corp. (COF) - 22,200,000 shares, 4.3% of the total portfolio. Shares added by 5.21%
  5. Transocean (RIG) - 16,190,000 shares, 3.7% of the total portfolio. Shares reduced by 13.93%


New Purchase: Motorola Mobility Holdings (MMI)

John Paulson initiated holdings in Motorola Mobility Holdings. His purchase prices were between $21.03 and $38.13, with an estimated average price of $30.75. The impact to his portfolio due to this purchase was 1.64%. His holdings were 9,000,000 shares as of 09/30/2011.

New Purchase: Nalco Holding Co. (NLC)

John Paulson initiated holdings in Nalco Holding Co.. His purchase prices were between $28.55 and $37.01, with an estimated average price of $33.82. The impact to his portfolio due to this purchase was 1.55%. His holdings were 9,177,000 shares as of 09/30/2011.

New Purchase: News Corp. (NWS)

John Paulson initiated holdings in News Corp.. His purchase prices were between $14.01 and $18.54, with an estimated average price of $16.49. The impact to his portfolio due to this purchase was 1.11%. His holdings were 14,700,000 shares as of 09/30/2011.

New Purchase: Amc Networks Inc. (AMCX)

John Paulson initiated holdings in Amc Networks Inc.. His purchase prices were between $30.28 and $39.52, with an estimated average price of $35.43. The impact to his portfolio due to this purchase was 0.77%. His holdings were 5,000,000 shares as of 09/30/2011.

New Purchase: Interdigital Inc. (IDCC)

John Paulson initiated holdings in Interdigital Inc.. His purchase prices were between $41.51 and $74.27, with an estimated average price of $61.75. The impact to his portfolio due to this purchase was 0.68%. His holdings were 3,000,000 shares as of 09/30/2011.

New Purchase: Talisman Energy Inc. (TLM)

John Paulson initiated holdings in Talisman Energy Inc.. His purchase prices were between $12.42 and $21.01, with an estimated average price of $16.9. The impact to his portfolio due to this purchase was 0.52%. His holdings were 8,700,000 shares as of 09/30/2011.

New Purchase: Transatlantic Holdings Inc. (TRH)

John Paulson initiated holdings in Transatlantic Holdings Inc.. His purchase prices were between $44.9 and $52.52, with an estimated average price of $49.76. The impact to his portfolio due to this purchase was 0.47%. His holdings were 2,000,000 shares as of 09/30/2011.

New Purchase: Templeinland Inc. (TIN)

John Paulson initiated holdings in Templeinland Inc.. His purchase prices were between $21.33 and $31.45, with an estimated average price of $29.08. The impact to his portfolio due to this purchase was 0.45%. His holdings were 3,000,000 shares as of 09/30/2011.

New Purchase: Covidien (COV)

John Paulson initiated holdings in Covidien. His purchase prices were between $44.07 and $54.27, with an estimated average price of $49.73. The impact to his portfolio due to this purchase was 0.43%. His holdings were 2,000,000 shares as of 09/30/2011.

New Purchase: Cvs Caremark (CVS)

John Paulson initiated holdings in Cvs Caremark. His purchase prices were between $32.06 and $38.54, with an estimated average price of $35.73. The impact to his portfolio due to this purchase was 0.41%. His holdings were 2,500,000 shares as of 09/30/2011.

New Purchase: Goodrich Corp. (GR)

John Paulson initiated holdings in Goodrich Corp.. His purchase prices were between $80.5 and $121.75, with an estimated average price of $94.21. The impact to his portfolio due to this purchase was 0.29%. His holdings were 500,000 shares as of 09/30/2011.

New Purchase: Paetec Holding Corp. (PAET)

John Paulson initiated holdings in Paetec Holding Corp.. His purchase prices were between $4.33 and $5.8, with an estimated average price of $5.14. The impact to his portfolio due to this purchase was 0.23%. His holdings were 9,000,000 shares as of 09/30/2011.

New Purchase: Medco Health Solutions Inc. (MHS)

John Paulson initiated holdings in Medco Health Solutions Inc.. His purchase prices were between $47.93 and $65.96, with an estimated average price of $54.55. The impact to his portfolio due to this purchase was 0.16%. His holdings were 700,000 shares as of 09/30/2011.

Added: Mylan Inc. (MYL)

John Paulson added to his holdings in Mylan Inc. by 66.64%. His purchase prices were between $17.38 and $24.98, with an estimated average price of $20.84. The impact to his portfolio due to this purchase was 0.82%. His holdings were 24,896,500 shares as of 09/30/2011.

Added: Scripps Networks Interactive (SNI)

John Paulson added to his holdings in Scripps Networks Interactive by 50%. His purchase prices were between $37.62 and $49.64, with an estimated average price of $43.3. The impact to his portfolio due to this purchase was 0.27%. His holdings were 4,500,000 shares as of 09/30/2011.

Added: Capital One Financial Corp. (COF)

John Paulson added to his holdings in Capital One Financial Corp. by 5.21%. His purchase prices were between $37.63 and $54.31, with an estimated average price of $45.41. The impact to his portfolio due to this purchase was 0.21%. His holdings were 22,200,000 shares as of 09/30/2011.

Added: Bank Of America Corp. (BAC)

John Paulson added to his holdings in Bank Of America Corp. by 6.41%. His purchase prices were between $6.06 and $11, with an estimated average price of $8.26. The impact to his portfolio due to this purchase was 0.11%. His holdings were 64,321,606 shares as of 09/30/2011.

Added: Randgold Resources Ltd. (GOLD)

John Paulson added to his holdings in Randgold Resources Ltd. by 31.86%. His purchase prices were between $82.96 and $113.45, with an estimated average price of $98.54. The impact to his portfolio due to this purchase was 0.1%. His holdings were 923,000 shares as of 09/30/2011.

Added: Agnicoeagle Mines Ltd. (AEM)

John Paulson added to his holdings in Agnicoeagle Mines Ltd. by 44.1%. His purchase prices were between $55.11 and $71.91, with an estimated average price of $64.45. The impact to his portfolio due to this purchase was 0.09%. His holdings were 1,008,700 shares as of 09/30/2011.

Reduced: Spdr Gold Trust (GLD)

John Paulson reduced to his holdings in Spdr Gold Trust by 35.64%. His sale prices were between $147.63 and $183.238, with an estimated average price of $166.08. The impact to his portfolio due to this sale was -5.64%. John Paulson still held 20,273,540 shares as of 09/30/2011.

Reduced: Citigroup Inc. (C)

John Paulson reduced to his holdings in Citigroup Inc. by 25.06%. His sale prices were between $23.96 and $42.63, with an estimated average price of $32.61. The impact to his portfolio due to this sale was -1.2%. John Paulson still held 25,107,417 shares as of 09/30/2011.

Reduced: Hewlettpackard Co. (HPQ)

John Paulson reduced to his holdings in Hewlettpackard Co. by 35.43%. His sale prices were between $22.32 and $37.47, with an estimated average price of $29.45. The impact to his portfolio due to this sale was -1.04%. John Paulson still held 15,173,300 shares as of 09/30/2011.

Reduced: Wells Fargo & Co. (WFC)

John Paulson reduced to his holdings in Wells Fargo & Co. by 29.02%. His sale prices were between $22.88 and $29.38, with an estimated average price of $25.85. The impact to his portfolio due to this sale was -0.94%. John Paulson still held 23,847,900 shares as of 09/30/2011.

Reduced: Blackrock Inc (BLK)

John Paulson reduced to his holdings in Blackrock Inc by 47.4%. His sale prices were between $144.75 and $198.49, with an estimated average price of $166.89. The impact to his portfolio due to this sale was -0.59%. John Paulson still held 988,900 shares as of 09/30/2011.

Reduced: Weyerhaeuser Co. (WY)

John Paulson reduced to his holdings in Weyerhaeuser Co. by 21.48%. His sale prices were between $15.7 and $22.57, with an estimated average price of $18.55. The impact to his portfolio due to this sale was -0.48%. John Paulson still held 23,555,000 shares as of 09/30/2011.

Reduced: Cbre Group (CBG)

John Paulson reduced to his holdings in Cbre Group by 37.41%. His sale prices were between $12.78 and $26.06, with an estimated average price of $18.09. The impact to his portfolio due to this sale was -0.44%. John Paulson still held 8,450,000 shares as of 09/30/2011.

Reduced: Medtronic Inc. (MDT)

John Paulson reduced to his holdings in Medtronic Inc. by 59.79%. His sale prices were between $30.41 and $38.2, with an estimated average price of $34.75. The impact to his portfolio due to this sale was -0.39%. John Paulson still held 1,960,300 shares as of 09/30/2011.

Reduced: Teva Pharmaceutical Industries Ltd. (TEVA)

John Paulson reduced to his holdings in Teva Pharmaceutical Industries Ltd. by 52.72%. His sale prices were between $35.26 and $49.47, with an estimated average price of $41.94. The impact to his portfolio due to this sale was -0.37%. John Paulson still held 1,976,900 shares as of 09/30/2011.

Reduced: News Corp. (NWSA)

John Paulson reduced to his holdings in News Corp. by 49.04%. His sale prices were between $13.62 and $18.13, with an estimated average price of $16.19. The impact to his portfolio due to this sale was -0.31%. John Paulson still held 5,300,000 shares as of 09/30/2011.

Reduced: Alpha Natural Resources Inc. (ANR)

John Paulson reduced to his holdings in Alpha Natural Resources Inc. by 46.16%. His sale prices were between $18.71 and $47.12, with an estimated average price of $34.9. The impact to his portfolio due to this sale was -0.25%. John Paulson still held 1,829,600 shares as of 09/30/2011.

Reduced: Liberty Media Corp. Series A (LINTA)

John Paulson reduced to his holdings in Liberty Media Corp. Series A by 35.45%. His sale prices were between $12.68 and $17.74, with an estimated average price of $15.89. The impact to his portfolio due to this sale was -0.2%. John Paulson still held 6,455,100 shares as of 09/30/2011.

Reduced: Family Dollar Stores Inc. (FDO)

John Paulson reduced to his holdings in Family Dollar Stores Inc. by 28.34%. His sale prices were between $45.14 and $55.14, with an estimated average price of $51.76. The impact to his portfolio due to this sale was -0.18%. John Paulson still held 2,476,000 shares as of 09/30/2011.

Reduced: Sl Green Realty Corp. (SLG)

John Paulson reduced to his holdings in Sl Green Realty Corp. by 41.43%. His sale prices were between $59.95 and $87.54, with an estimated average price of $74.17. The impact to his portfolio due to this sale was -0.17%. John Paulson still held 820,000 shares as of 09/30/2011.

Reduced: Grifols S.a. (GRFS)

John Paulson reduced to his holdings in Grifols S.a. by 21.85%. His sale prices were between $5.52 and $8.13, with an estimated average price of $7.03. The impact to his portfolio due to this sale was -0.08%. John Paulson still held 11,150,000 shares as of 09/30/2011.

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gurufocus
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