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Paulson Returns 292.03%, Bumps Michael Dell - Paulson’s Top Dividend Four

October 09, 2013 | About:
Sally Jones

Sally Jones

49 followers
The portfolio of John Paulson of Paulson & Co. shows 91 stocks, 15 of them new, and a total value of $14.17 billion. His quarter-over-quarter turnover is 21%. Now in first place, Guru John Paulson has bumped Michael Dell to second place for average returns. Paulson’s 12-month average return is 292.03%; Dell’s is 266.63%, followed by Carl Icahn with 98.15%.

Here are four stocks in the Paulson portfolio with the highest dividend yield, as of June 30, 2013:

Gold Fields Ltd. (GFI)

Yield: 5.80%

Predictability: Not Rated

Down 58 % over 12 months, Gold Fields Ltd. has a market cap of $3.28 billion; its shares were traded at around $4.44. The P/S ratio is 0.60 and the EV-to-EBIT is 23.8.

Incorporated in South Africa, Gold Fields Ltd. is involved in gold mining and related activities including exploration, extraction, processing and smelting. The company's main product is gold bullion currently produced in South Africa, Ghana and Australia. Gold Fields Ltd. also produces copper/gold concentrate in Peru. The company has total attributable gold mineral reserves of 54.9 million ounces and mineral resources of 125.5 million ounces.

Historical share pricing, revenue and net income:

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Guru Action: As of June 30, 2013, John Paulson had a loss of 30.5% on his holding of 6,529,748 shares at an average price of $6.39 per share.

His current shares of 6,529,748 are valued at around $34.2 million, with a portfolio weight of 0.24%.

His five-year trading history shows double-digit losses in every quarter, with a loss of 55% on 26,050,000 shares bought at an average price of $9.77 per share, and a loss of 63% on 19,520,252 shares sold at an average price of $11.98 per share.

There are 10 gurus holding GFI as of the second quarter of 2013. There is no insider trading to report.

Iamgold Corp. (IAG)

Yield 5.50%

Predictability: 4 out of 5 Stars

Down 71 % over 12 months, Iamgold Corporation has a market cap of $1.7 billion; its shares were traded at around $4.51. The P/E ratio is 11.90.

First incorporated in 1990, Iamgold Corporation is a mid-tier gold producer with six operating gold mines on three continents. The company also has a leading niobium mine. The company has a solid base of strategic assets in Canada, South America and Africa, complimented by other development and exploration projects.

Historical share pricing, revenue and net income:

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Guru Action: As of June 30, 2013, John Paulson had a loss of 15.4% on his holding of 3,863,912 shares at an average price of $5.33 per share.

His current shares of 3,863,912 are valued at around $16.7 million, with a portfolio weight of 0.12%.

Since the first quarter of 2010, Paulson has taken a loss of 70% on 3,881,900 shares bought at an average price of $15.08 per share. He also lost 46% on 17,988 shares sold at an average price of $8.38 per share.

Check out the eight gurus holding IAG as of the second quarter of 2013. There is no insider trading to report.

W.P. Carey Inc. (WPC)

Yield 4.90%

Predictability: 1 out of 5 Stars

Up 28% over 12 months, W. P. Carey Inc. has a market cap of $4.4 billion; its shares were traded at around $64.53. The P/E ratio is 58.40.

W. P. Carey Inc. is a real estate investment trust or REIT that provides long-term sale-leaseback and build-to-suit financing for companies worldwide and manages an investment portfolio of approximately $14.1 billion as of Dec. 31, 2012. The company provides sale-leaseback financing services to office, warehouse, industrial, logistics and retail, hotel, R&D and self-storage segments.

Historical share pricing, revenue and net income:

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Guru Action: As of June 30, 2013, John Paulson reduced his position by 4.21%, selling 67,500 shares at an average price of $69.34 for a loss of 6.9%. Paulson has held for only two quarters, gaining 29.9% on a new buy of 1,602,360 shares at an average price of $49.69 in the fourth quarter of 2012.

His current shares of 1,534,860 are valued at around $101.5 million, with a portfolio weight of 0.72%.

Check out the five gurus holding WPC and active insider trading.

Vodafone Group PLC (VOD)

Yield 4.40%

Predictability: 1 out of 5 Stars

Up 21% over 12 months, Vodafone Group PLC has a market cap of $168.46 billion; its shares were traded at around $34.77. The P/E ratio is 242.00.

Vodafone Group PLC is a provider of mobile communications. The company has more than 403 million customers around the world in more than 30 countries, and partners with networks in over 50 countries.

Historical share pricing, revenue and net income:

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Guru Action: As of June 30, 2013, John Paulson increased his position by 0.32%, buying 8,900 shares at an average price of $29.26 for a gain of 18.8%. Paulson has held for only two quarters. He made a gain of 30.4% on his new buy of 2,800,000 shares at an average price of $26.66 in the first quarter of 2013.

His current shares of 2,808,900 are valued at around $80.7 million, with a portfolio weight of 0.57%.

Check out the numerous gurus holding VOD. There is no insider trading to report.

Here is the complete portfolio of John Paulson.



Also check out:

1. John Paulson's Undervalued Stocks

2. John Paulson's Top Growth Companies

3. John Paulson's High Yield stocks

4. Stocks that John Paulson keeps buying

GuruFocus Real Time Picksreports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.

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About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 3.0/5 (2 votes)

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