Most Traded Guru Stocks: Citigroup Inc., Bank of American Corp, Financial Select SPDR, Wells Fargo & Co.,General Electric Company

Most Traded Guru Stocks: C, BAC, XLF, WFC, GE

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Dec 17, 2009
(GuruFocus, December 17, 2009) The broad market is down today with S&P 500 Index down 13.11 (1.18%) and closed at 1096. These are the company with the highest trading volume.


1. Citigroup Inc. (C, Financial)


Closed down $0.25 at $3.2, with 2.1 billion shares changed hands


Citigroup Inc. is owned by many investment Gurus. David Tepper, John Paulson, Andreas Halvorsen, Charles Brandes are among the heavy owners of the stock. Recent insider activities have been buys: CEO, Citibank, N.A. Eugene M Mcquade bought 1,000,000 shares of C stock on 08/05/2009 at the average price of 3.41, CEO Latin America & Mexico Manuel Medina-mora bought 1,000,000 shares of C stock on 08/04/2009 at the average price of 3.21. Several directors also bought stocks in August, 2009.


2. Bank of American Corp.(BAC, Financial)


Closed down $0.42 at $14.86, with 268 million shares changed hands.Bank of America Corp. is owned by many Gurus. Lee Ainslie, Arnold Schneider, Charles Brandes, HOTCHKIS & WILEY, Warren Buffett, Brian Rogers, Richard Pzena, John Paulson are among the heavy owners of the stock. Recently Director Robert W Scully bought 62,000 shares of BAC stock on 10/21/2009 at the average price of 16.79, and Pres, Glbl Wealth and Inv Mgmt Sallie Krawcheck bought 63,000 shares of BAC stock on 08/12/2009 at the average price of 15.97.


3.Financial Select SPDR (XLF, Financial)


Closed down $.27 at $14.06 with 92 million shares changed hands.XLF enjoy little sponsorship among the Gurus. John Keeley, David Dreman, George Soros each owns a small position. Arnold Van Den Berg, however, owns 2,993,302 shares as of 09/30/2009, but that is a decrease of 28.15% of from the previous quarter.


4. Wells Fargo & Co. (WFC, Financial)


Closed up $0.23 at $26.07. Volume was 80 million shares.


Wells Fargo & Company is owned by many Gurus. Jean-Marie Eveillard, Charles Brandes, Charles Brandes and Warren Buffett are the heavy owners of the stock.Recent trades by the Directors and Officers Recent are sells: Executive Vice President Julie M White sold 2,001 shares of WFC stock on 11/24/2009 at the average price of 27.86; Sr. Executive Vice President Mark C Oman sold 25,000 shares of WFC stock on 09/15/2009 at the average price of 28.66. Several other director also sold stocks since August.


5.General Electric Company (GE, Financial)


Closed at $0.10 at $15.79 with 68 million shares changed hands. GE is owned by many Gurus. Prem Watsa, Dodge & Cox, Warren Buffett, Tom Gayner are among the heavy owners of the stock.Recently, Director Alan G Lafley bought 13,000 shares of GE stock on 10/22/2009 at the average price of 15.32.


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