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Blue Ridge Capital Buys Netflix, Monsanto, Liberty Global, KKR, Sells Citrix Systems, Sandisk, Valeant Pharmaceuticals

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gurufocus

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Hedge Fund Blue Ridge Capital is run by John Griffin, one of the Tiger cubs that are trained by the legendary Julian Robertson. John Griffin runs long-short strategies, has no positions in macro outlook as the long positions protects his portfolio in down market. There isn’t a lot of information online about Blue Ridge and John Griffin. The notes taken by our columnist Greg Speicher at the Darden Value Investing Conference is a very good read.

As of 09/30/2011, Blue Ridge Capital owns 53 stocks with a total value of $4.9 billion. These are the details of the buys and sells.

This is the portfolio chart of John Griffin. 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 Griffin's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=John+Griffin

This is the sector weightings of his portfolio:

Consumer Services 29.1%
Technology 16.4%
Financials 12.3%
Health Care 10.3%
Industrials 9.1%
Oil & Gas 8.5%
Utilities 3.6%
Telecom 3.5%
Basic Materials 1.7%
Consumer Goods 1.1%
Not Assigned 0.3%


These are the top 5 holdings of John Griffin

  1. Apple Inc. (AAPL) - 1,200,000 shares, 9.3% of the total portfolio.
  2. Amazon.com Inc. (AMZN) - 1,941,896 shares, 8.6% of the total portfolio.
  3. Valeant Pharmaceuticals International Inc. (VRX) - 7,519,600 shares, 5.7% of the total portfolio. Shares reduced by 23.27%
  4. Range Resources Corp. (RRC) - 4,719,627 shares, 5.6% of the total portfolio. Shares reduced by 0.16%
  5. Google Inc. (GOOG) - 470,500 shares, 4.9% of the total portfolio. Shares added by 27.16%


New Purchase: American Capital Agency Corp. (AGNC)

John Griffin initiated holdings in American Capital Agency Corp.. His purchase prices were between $26.73 and $30.27, with an estimated average price of $28.75. The impact to his portfolio due to this purchase was 1.1%. His holdings were 2,000,000 shares as of 09/30/2011. AMER CAPITAL AGENCY CORP. is a newly-organized Delaware corporation formed to invest exclusively in single-family residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U. American Capital Agency Corp. has a market cap of $5.01 billion; its shares were traded at around $28.06 with a P/E ratio of 5.5 and P/S ratio of 13. The dividend yield of American Capital Agency Corp. stocks is 20%.

New Purchase: Illumina Inc. (ILMN)

John Griffin initiated holdings in Illumina Inc.. His purchase prices were between $41.32 and $77.88, with an estimated average price of $56.74. The impact to his portfolio due to this purchase was 0.72%. His holdings were 865,000 shares as of 09/30/2011. Illumina Inc. is a developer of next-generation tools for the large-scale analysis of genetic variation and function. Illumina Inc. has a market cap of $3.97 billion; its shares were traded at around $31.96 with a P/E ratio of 25.8 and P/S ratio of 4.4.

New Purchase: KKR & Co. L.P. (KKR)

John Griffin initiated holdings in Kkr & Co. L.p.. His purchase prices were between $10.5 and $16.09, with an estimated average price of $12.86. The impact to his portfolio due to this purchase was 0.51%. His holdings were 2,387,180 shares as of 09/30/2011. Kohlberg Kravis Roberts & Co. provides a range of asset management services to its investors and provides capital markets services to its firm, its portfolio companies and its clients. Kkr & Co. L.p. has a market cap of $2.96 billion; its shares were traded at around $13.29 with a P/E ratio of 9.3 and P/S ratio of 6.8. The dividend yield of Kkr & Co. L.p. stocks is 3%.

New Purchase: Dunkin' Brands Group Inc. (DNKN)

John Griffin initiated holdings in Dunkin' Brands Group Inc.. His purchase prices were between $25.1 and $29.66, with an estimated average price of $27.04. The impact to his portfolio due to this purchase was 0.01%. His holdings were 25,000 shares as of 09/30/2011. Dunkin' Brands Group, Inc. owns, operates, and franchises quick service restaurants worldwide. Dunkin' Brands Group Inc. has a market cap of $3.07 billion; its shares were traded at around $25.53 .

New Purchase: Transatlantic Petroleum Ltd. (TAT)

John Griffin initiated holdings in Transatlantic Petroleum Ltd.. His purchase prices were between $0.81 and $1.71, with an estimated average price of $1.25. The impact to his portfolio due to this purchase was 0.01%. His holdings were 401,445 shares as of 09/30/2011. TransAtlantic Petroleum Ltd. is a vertically integrated, international oil and gas company. Transatlantic Petroleum Ltd. has a market cap of $493.3 million; its shares were traded at around $1.35 with and P/S ratio of 5.8.

Sold Out: Citrix Systems Inc. (CTXS)

John Griffin sold out his holdings in Citrix Systems Inc.. His sale prices were between $50.31 and $82.98, with an estimated average price of $64.11. Citrix Systems, Inc. is one of the suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. Citrix Systems Inc. has a market cap of $14.3 billion; its shares were traded at around $75.95 with a P/E ratio of 39.1 and P/S ratio of 7.6. Citrix Systems Inc. had an annual average earnings growth of 5.8% over the past 10 years. GuruFocus rated Citrix Systems Inc. the business predictability rank of 4-star.

Sold Out: Sandisk Corp. (SNDK)

John Griffin sold out his holdings in Sandisk Corp.. His sale prices were between $32.5 and $45.57, with an estimated average price of $40.09. Sandisk Corporation designs, manufactures, and markets flash memory storage products that are used in a wide variety of electronic systems. Sandisk Corp. has a market cap of $12.27 billion; its shares were traded at around $51.3 with a P/E ratio of 12 and P/S ratio of 2.5.

Sold Out: Teva Pharmaceutical Industries Ltd. (TEVA)

John Griffin sold out his holdings in Teva Pharmaceutical Industries Ltd.. His sale prices were between $35.26 and $49.47, with an estimated average price of $41.94. TEVA Pharmaceuticals USA, the business is to develop, manufacture, and market generic pharmaceuticals. Teva Pharmaceutical Industries Ltd. has a market cap of $35.96 billion; its shares were traded at around $40.4 with a P/E ratio of 8.7 and P/S ratio of 2.2. The dividend yield of Teva Pharmaceutical Industries Ltd. stocks is 1.7%. Teva Pharmaceutical Industries Ltd. had an annual average earnings growth of 20.7% over the past 10 years. GuruFocus rated Teva Pharmaceutical Industries Ltd. the business predictability rank of 4-star.

Sold Out: Cme Group Inc. (CME)

John Griffin sold out his holdings in Cme Group Inc.. His sale prices were between $237.17 and $298.99, with an estimated average price of $269.97. Chicago Mercantile Exchange Holdings is the parent company of Chicago Mercantile Exchange Inc, the largest futures exchange in the United States based on notional value, trading volume and open interest. Cme Group Inc. has a market cap of $17.22 billion; its shares were traded at around $257.51 with a P/E ratio of 15 and P/S ratio of 5.7. The dividend yield of Cme Group Inc. stocks is 2.2%. Cme Group Inc. had an annual average earnings growth of 19.4% over the past 10 years.

Sold Out: Discovery Communications Inc. Series A (DISCA)

John Griffin sold out his holdings in Discovery Communications Inc. Series A. His sale prices were between $34.75 and $42.5, with an estimated average price of $39.77. DISCOVERY COMMUNICATIONS INC., formerly Discovery Holding Company, is a holding company that conducts operations through its two wholly owned operating subsidiaries, Ascent Media Group, LLC and Ascent Media CANS, LLC, and throught its 66. Discovery Communications Inc. Series A has a market cap of $11.94 billion; its shares were traded at around $42.01 with a P/E ratio of 18.8 and P/S ratio of 3.1. Discovery Communications Inc. Series A had an annual average earnings growth of 115.7% over the past 5 years.

Sold Out: Liberty Media Corp. Liberty Starz (LSTZA)

John Griffin sold out his holdings in Liberty Media Corp. Liberty Starz. His sale prices were between $65.46 and $77.93, with an estimated average price of $71.69. Liberty Starz Group is a significant operating subsidiary and also a principal reportable segment of Liberty Media Corporation which focuses primarily on video programming, communications businesses, and the direct-to-home satellite distribution business. Liberty Media Corp. Liberty Starz has a market cap of $3.37 billion; its shares were traded at around $68.4 with a P/E ratio of 16.5 and P/S ratio of 2.5.

Sold Out: PMI Group Inc. (PMI)

John Griffin sold out his holdings in Pmi Group Inc.. His sale prices were between $0.1809 and $1.52, with an estimated average price of $0.6. The PMI Group, Inc. is a holding company which conducts its residential mortgage insurance business through its direct and indirect wholly-owned subsidiaries PMI Mortgage Insurance Company. Pmi Group Inc. has a market cap of $49.69 million; its shares were traded at around $0.3076 with and P/S ratio of 0.08.

Sold Out: StillWater Mining Co. (SWC)

John Griffin sold out his holdings in Stillwater Mining Co.. His sale prices were between $8.49 and $23.72, with an estimated average price of $14.87. Stillwater Mining Company is engaged in the exploration, development, mining and production of platinum, palladium and associated metals from the Stillwater Complex in southern Montana, which the company believes isthe only significant primary source of platinum and palladium outside theRepublic of South Africa. Stillwater Mining Co. has a market cap of $1.2 billion; its shares were traded at around $11.66 with a P/E ratio of 9.3 and P/S ratio of 2.2.

Sold Out: Tal Education Group (XRS)

John Griffin sold out his holdings in Tal Education Group. His sale prices were between $10.06 and $12.98, with an estimated average price of $11.58. TAL Education Group provides K-12 after-school tutoring service in China. Tal Education Group has a market cap of $119.4 million; its shares were traded at around $9.95 with a P/E ratio of 26.2 and P/S ratio of 1.1.

Added: Netflix Inc. (NFLX)

John Griffin added to his holdings in Netflix Inc. by 81.88%. His purchase prices were between $113.19 and $298.73, with an estimated average price of $228.28. The impact to his portfolio due to this purchase was 2.11%. His holdings were 2,028,000 shares as of 09/30/2011. Netflix Inc. is the largest online movie rental subscription service in the United States providing subscribers access to a comprehensive library of more than 18,000 movie, television and other filmed entertainment titles. Netflix Inc. has a market cap of $4.53 billion; its shares were traded at around $86.28 with a P/E ratio of 19.6 and P/S ratio of 2.1. Netflix Inc. had an annual average earnings growth of 154.4% over the past 5 years.

Added: Monsanto Co. (MON)

John Griffin added to his holdings in Monsanto Co. by 55.58%. His purchase prices were between $62.88 and $76.42, with an estimated average price of $69.94. The impact to his portfolio due to this purchase was 1.37%. His holdings were 3,135,000 shares as of 09/30/2011. Monsanto is a global provider of technology-based solutions and agricultural products for growers and downstream customers, such as grain processors and consumers, in the agricultural markets. Monsanto Co. has a market cap of $39.78 billion; its shares were traded at around $74.39 with a P/E ratio of 25.4 and P/S ratio of 3.4. The dividend yield of Monsanto Co. stocks is 1.6%. Monsanto Co. had an annual average earnings growth of 22.5% over the past 10 years. GuruFocus rated Monsanto Co. the business predictability rank of 4.5-star.

Added: Liberty Global Inc. (LBTYA)

John Griffin added to his holdings in Liberty Global Inc. by 65.69%. His purchase prices were between $33.63 and $47.09, with an estimated average price of $39.85. The impact to his portfolio due to this purchase was 1.23%. His holdings were 4,225,000 shares as of 09/30/2011. Liberty Global owns interests primarily in broadband distribution and content companies operating outside the continental U. Liberty Global Inc. has a market cap of $12.04 billion; its shares were traded at around $42.15 with a P/E ratio of 22.1 and P/S ratio of 1.3. Liberty Global Inc. had an annual average earnings growth of 39.2% over the past 5 years.

Added: Google Inc. (GOOG)

John Griffin added to his holdings in Google Inc. by 27.16%. His purchase prices were between $490.92 and $622.52, with an estimated average price of $552.64. The impact to his portfolio due to this purchase was 1.05%. His holdings were 470,500 shares as of 09/30/2011. Google is a public and profitable company focused on search services. Google Inc. has a market cap of $199.7 billion; its shares were traded at around $616.56 with a P/E ratio of 20 and P/S ratio of 6.8. Google Inc. had an annual average earnings growth of 58.4% over the past 10 years.

Added: Sensata Technologies Holding (ST)

John Griffin added to his holdings in Sensata Technologies Holding by 41.39%. His purchase prices were between $28.23 and $39.25, with an estimated average price of $33.29. The impact to his portfolio due to this purchase was 1.03%. His holdings were 6,500,000 shares as of 09/30/2011. Sensata Technologies B.V., through its subsidiaries, is a supplier of sensing, electrical protection, control and power management solutions. Sensata Technologies Holding has a market cap of $5.49 billion; its shares were traded at around $31.22 with a P/E ratio of 15.9 and P/S ratio of 3.6.

Added: Priceline.com Inc. (PCLN)

John Griffin added to his holdings in Priceline.com Inc. by 43.41%. His purchase prices were between $448.95 and $552.15, with an estimated average price of $519.23. The impact to his portfolio due to this purchase was 0.87%. His holdings were 315,500 shares as of 09/30/2011. Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a `demand collection system` that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Priceline.com Inc. has a market cap of $27.22 billion; its shares were traded at around $546.82 with a P/E ratio of 26.7 and P/S ratio of 8.8. Priceline.com Inc. had an annual average earnings growth of 61.7% over the past 5 years.

Added: Youku.com (YOKU)

John Griffin added to his holdings in Youku.com by 281.11%. His purchase prices were between $14.31 and $38.59, with an estimated average price of $27.1. The impact to his portfolio due to this purchase was 0.84%. His holdings were 3,430,000 shares as of 09/30/2011. Youku.com operates as the provider of video content through its internet television platform in China. Youku.com has a market cap of $1.53 billion; its shares were traded at around $19.79 with and P/S ratio of 26.1.

Added: Thermo Fisher Scientific (TMO)

John Griffin added to his holdings in Thermo Fisher Scientific by 16.5%. His purchase prices were between $49.77 and $65.57, with an estimated average price of $56.29. The impact to his portfolio due to this purchase was 0.68%. His holdings were 4,660,000 shares as of 09/30/2011. Thermo Fisher Scientific is the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. Thermo Fisher Scientific has a market cap of $18.58 billion; its shares were traded at around $48.65 with a P/E ratio of 12.2 and P/S ratio of 1.7. Thermo Fisher Scientific had an annual average earnings growth of 12.7% over the past 10 years. GuruFocus rated Thermo Fisher Scientific the business predictability rank of 2.5-star.

Added: Cablevision Systems Corp. (CVC)

John Griffin added to his holdings in Cablevision Systems Corp. by 56.4%. His purchase prices were between $15.97 and $27.48, with an estimated average price of $20.62. The impact to his portfolio due to this purchase was 0.59%. His holdings were 5,130,000 shares as of 09/30/2011. Cablevision Systems Corp. is one of the nation's entertainment and telecommunications companies. Cablevision Systems Corp. has a market cap of $4.22 billion; its shares were traded at around $15.11 with a P/E ratio of 12.9 and P/S ratio of 0.6. The dividend yield of Cablevision Systems Corp. stocks is 4%. Cablevision Systems Corp. had an annual average earnings growth of 9.8% over the past 10 years.

Added: Yandex N.v. (YNDX)

John Griffin added to his holdings in Yandex N.v. by 41.38%. His purchase prices were between $22.6 and $38.51, with an estimated average price of $31.28. The impact to his portfolio due to this purchase was 0.2%. His holdings were 1,640,000 shares as of 09/30/2011. Yandex N.V. operates an Internet search website in Russia. Yandex N.v. has a market cap of $3.21 billion; its shares were traded at around $24.81 .

Added: American International Group Inc. Warrants (AIG.WS)

John Griffin added to his holdings in American International Group Inc. Warrants by 25.04%. His purchase prices were between $6.3 and $10.55, with an estimated average price of $8.28. The impact to his portfolio due to this purchase was 0.03%. His holdings were 1,150,000 shares as of 09/30/2011. .

Reduced: Valeant Pharmaceuticals International Inc. (VRX)

John Griffin reduced to his holdings in Valeant Pharmaceuticals International Inc. by 23.27%. His sale prices were between $36.45 and $56.73, with an estimated average price of $45.98. The impact to his portfolio due to this sale was -1.79%. John Griffin still held 7,519,600 shares as of 09/30/2011. Valeant Pharmaceuticals International, Inc. is a pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of neurology, dermatology and branded generics. Valeant Pharmaceuticals International Inc. has a market cap of $12.92 billion; its shares were traded at around $43.04 with a P/E ratio of 18.8 and P/S ratio of 10.9.

Reduced: United Continental Holdings (UAL)

John Griffin reduced to his holdings in United Continental Holdings by 54.11%. His sale prices were between $16.61 and $22.86, with an estimated average price of $19.33. The impact to his portfolio due to this sale was -1.21%. John Griffin still held 3,017,010 shares as of 09/30/2011. United Continental Holdings, Inc. is in Airlines industry. United Continental Holdings has a market cap of $6.03 billion; its shares were traded at around $18.22 with a P/E ratio of 5.2 and P/S ratio of 0.2.

Reduced: Baker Hughes Inc. (BHI)

John Griffin reduced to his holdings in Baker Hughes Inc. by 43.17%. His sale prices were between $48.59 and $79.94, with an estimated average price of $64.51. The impact to his portfolio due to this sale was -1.19%. John Griffin still held 1,435,000 shares as of 09/30/2011. Baker Hughes Inc. is engaged in the oilfield and process industries. Baker Hughes Inc. has a market cap of $24.99 billion; its shares were traded at around $57.28 with a P/E ratio of 15 and P/S ratio of 1.7. The dividend yield of Baker Hughes Inc. stocks is 1%. Baker Hughes Inc. had an annual average earnings growth of 11% over the past 10 years.

Reduced: Market Vectors Etf Trust Market Vectors Gold Miner (GDX)

John Griffin reduced to his holdings in Market Vectors Etf Trust Market Vectors Gold Miner by 26.59%. His sale prices were between $54.54 and $66.63, with an estimated average price of $60.21. The impact to his portfolio due to this sale was -1.09%. John Griffin still held 3,669,000 shares as of 09/30/2011. Market Vectors Etf Trust Market Vectors Gold Miner has a market cap of $734.9 million; its shares were traded at around $61.17 . The dividend yield of Market Vectors Etf Trust Market Vectors Gold Miner stocks is 3.7%.

Reduced: Banco Santander Brazil S.a. Ads (BSBR)

John Griffin reduced to his holdings in Banco Santander Brazil S.a. Ads by 50.23%. His sale prices were between $7.57 and $11.58, with an estimated average price of $9.28. The impact to his portfolio due to this sale was -0.87%. John Griffin still held 4,897,100 shares as of 09/30/2011. Banco Santander Brazil S.a. Ads has a market cap of $17.69 billion; its shares were traded at around $8.39 with a P/E ratio of 1.1 and P/S ratio of 0.6. The dividend yield of Banco Santander Brazil S.a. Ads stocks is 4%.

Reduced: Nvr Inc. (NVR)

John Griffin reduced to his holdings in Nvr Inc. by 58.35%. His sale prices were between $577.28 and $758.36, with an estimated average price of $652.04. The impact to his portfolio due to this sale was -0.75%. John Griffin still held 49,250 shares as of 09/30/2011. NVR Inc. is a holding company that operates in two business segments; the construction and marketing of homes and in financial services. Nvr Inc. has a market cap of $3.47 billion; its shares were traded at around $638.43 with a P/E ratio of 23.7 and P/S ratio of 1.2.

Reduced: Dollar Tree Inc. (DLTR)

John Griffin reduced to his holdings in Dollar Tree Inc. by 25%. His sale prices were between $60.95 and $77.48, with an estimated average price of $69.97. The impact to his portfolio due to this sale was -0.72%. John Griffin still held 2,160,000 shares as of 09/30/2011. Dollar Tree Stores, Inc is an operator of discount variety stores offering merchandise at a fixed price point of $1. Dollar Tree Inc. has a market cap of $9.55 billion; its shares were traded at around $78.31 with a P/E ratio of 21.7 and P/S ratio of 1.6. Dollar Tree Inc. had an annual average earnings growth of 13.4% over the past 10 years. GuruFocus rated Dollar Tree Inc. the business predictability rank of 3-star.

Reduced: Credicorp Ltd. (BAP)

John Griffin reduced to his holdings in Credicorp Ltd. by 61.36%. His sale prices were between $82.25 and $102.79, with an estimated average price of $93.72. The impact to his portfolio due to this sale was -0.53%. John Griffin still held 258,900 shares as of 09/30/2011. CreditCorp LTD is a limited liability company to act as a holding company, to coordinate the policy and administration of its subsidiaries and engage in investing activities. Credicorp Ltd. has a market cap of $8.59 billion; its shares were traded at around $107.7 with a P/E ratio of 13.2 and P/S ratio of 3.2. The dividend yield of Credicorp Ltd. stocks is 1.8%. Credicorp Ltd. had an annual average earnings growth of 28.4% over the past 10 years.

Reduced: Ivanhoe Mines Ltd (IVN)

John Griffin reduced to his holdings in Ivanhoe Mines Ltd by 34.81%. His sale prices were between $14.55 and $27.28, with an estimated average price of $22.31. The impact to his portfolio due to this sale was -0.52%. John Griffin still held 2,560,000 shares as of 09/30/2011. Ivanhoe Mines is a producer of copper, gold and iron ore products. Ivanhoe Mines Ltd has a market cap of $15.04 billion; its shares were traded at around $21.17 with a P/E ratio of 1058.5 and P/S ratio of 188.5. Ivanhoe Mines Ltd had an annual average earnings growth of 12.5% over the past 5 years.

Reduced: Echostar Corp. (SATS)

John Griffin reduced to his holdings in Echostar Corp. by 56.68%. His sale prices were between $21.36 and $38.36, with an estimated average price of $28.42. The impact to his portfolio due to this sale was -0.41%. John Griffin still held 575,300 shares as of 09/30/2011. ECHOSTAR CORP is a publicly traded company. They intend to operate two primary businesses, a digital set-top box business and a fixed satellite services business. Echostar Corp. has a market cap of $2.05 billion; its shares were traded at around $23.74 with a P/E ratio of 66 and P/S ratio of 0.9.

Reduced: Discovery Communications Inc. Series C (DISCK)

John Griffin reduced to his holdings in Discovery Communications Inc. Series C by 77.44%. His sale prices were between $31.66 and $39.51, with an estimated average price of $36.72. The impact to his portfolio due to this sale was -0.17%. John Griffin still held 89,096 shares as of 09/30/2011. Discovery Communications is the world's number one nonfiction media company reaching more than 1. Discovery Communications Inc. Series C has a market cap of $4.89 billion; its shares were traded at around $38.69 with a P/E ratio of 17 and P/S ratio of 1.3.

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