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John Hussman Buys ColgatePalmolive Company, Wellpoint Inc., Abbott Laboratories, Sells Adobe Systems Inc., Target Corp., Petsmart Inc.

Dr. John Hussman has been bery cautious. He thinks that the market in the last decade has always been overvalued except the brief period in March 2009. This thinking has helped him to avoid large losses in 2008, and also miss most of the gains in 2009. Now he is still bearish, and hedging his portfolios from market declines.

John Hussman catergorizes the stock market into four areas depending on the market valuation and short term market conditions. We have written detailed articles discussing Hussman's investing strategies. If you are thinking to hedge your portfolios, John Hussman is certainly an guru to follow.

This is the Q1 portfolio update of John Hussman:

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

This is the sector weightings of his portfolio:

Consumer Services 29.4%
Technology 24.6%
Health Care 23.6%
Consumer Goods 10%
Oil & Gas 6.2%
Industrials 2.9%
Utilities 0.8%
Basic Materials 0.7%
Financials 0.5%


These are the top 5 holdings of John Hussman

  1. Aeropostale Inc. (ARO) - 5,802,500 shares, 2.95% of the total portfolio. Shares reduced by 14.04%
  2. LIFE TECHNOLOGIES CORPORATION (LIFE) - 3,000,000 shares, 2.77% of the total portfolio. Shares added by 182.49%
  3. Netflix Inc. (NFLX) - 2,129,000 shares, 2.77% of the total portfolio. Shares reduced by 23.96%
  4. Panera Bread Company (PNRA) - 1,930,000 shares, 2.6% of the total portfolio. Shares reduced by 9.81%
  5. Microsoft Corp. (MSFT) - 5,000,000 shares, 2.58% of the total portfolio. Shares added by 150%


Added: Life Technologies Corporation (LIFE)

John Hussman added to his holdings in Life Technologies Corporation by 182.49%. His purchase prices were between $47.35 and $53.69, with an estimated average price of $50.88. The impact to his portfolio due to this purchase was 1.79%. His holdings were 3,000,000 shares as of 03/31/2010.

Life Technologies Corporation is a global biotechnology tools company. Life Technologies Corporation has a market cap of $9.33 billion; its shares were traded at around $51.5 with a P/E ratio of 16.14 and P/S ratio of 2.85. Life Technologies Corporation had an annual average earning growth of 20.5% over the past 10 years.

Added: Microsoft Corp. (MSFT)

John Hussman added to his holdings in Microsoft Corp. by 150%. His purchase prices were between $27.72 and $31.1, with an estimated average price of $29.3. The impact to his portfolio due to this purchase was 1.55%. His holdings were 5,000,000 shares as of 03/31/2010.

Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corp. has a market cap of $253.73 billion; its shares were traded at around $28.93 with a P/E ratio of 14.84 and P/S ratio of 4.34. The dividend yield of Microsoft Corp. stocks is 1.8%.

Added: Amazon.com Inc. (AMZN)

John Hussman added to his holdings in Amazon.com Inc. by 64.6%. His purchase prices were between $115.94 and $136.58, with an estimated average price of $125.96. The impact to his portfolio due to this purchase was 0.77%. His holdings were 823,000 shares as of 03/31/2010.

Amazon.com, Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com Inc. has a market cap of $57.14 billion; its shares were traded at around $128.533 with a P/E ratio of 56.37 and P/S ratio of 2.33.

Added: Humana Inc. (HUM)

John Hussman added to his holdings in Humana Inc. by 39.53%. His purchase prices were between $43.89 and $51.94, with an estimated average price of $47.8. The impact to his portfolio due to this purchase was 0.7%. His holdings were 3,000,000 shares as of 03/31/2010.

Humana, Inc. is a health services company that facilitates the delivery of health care services through networks of providers to its medical members. Humana Inc. has a market cap of $7.78 billion; its shares were traded at around $45.75 with a P/E ratio of 7.46 and P/S ratio of 0.25. Humana Inc. had an annual average earning growth of 23.5% over the past 10 years. GuruFocus rated Humana Inc. the business predictability rank of 3.5-star.

Added: Pfizer Inc (PFE)

John Hussman added to his holdings in Pfizer Inc by 122.69%. His purchase prices were between $16.91 and $20, with an estimated average price of $18.07. The impact to his portfolio due to this purchase was 0.65%. His holdings were 3,897,000 shares as of 03/31/2010.

Pfizer Inc is a research-based, global pharmaceutical company that discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. Pfizer Inc has a market cap of $130.7 billion; its shares were traded at around $16.2 with a P/E ratio of 7.79 and P/S ratio of 2.61. The dividend yield of Pfizer Inc stocks is 4.44%. Pfizer Inc had an annual average earning growth of 1.8% over the past 10 years.

Added: Synaptics Inc. (SYNA)

John Hussman added to his holdings in Synaptics Inc. by 72.02%. His purchase prices were between $25.06 and $33.16, with an estimated average price of $27.68. The impact to his portfolio due to this purchase was 0.61%. His holdings were 3,000,000 shares as of 03/31/2010.

Synaptics is a developer of human interface solutions for a wide variety of mobile computing and communications devices and is the supplier of TouchPads to the notebook computer market. Synaptics Inc. has a market cap of $940.32 million; its shares were traded at around $28.06 with a P/E ratio of 22.09 and P/S ratio of 1.99. Synaptics Inc. had an annual average earning growth of 24.6% over the past 10 years.

Added: Exxon Mobil Corp. (XOM)

John Hussman added to his holdings in Exxon Mobil Corp. by 50%. His purchase prices were between $64.35 and $70.3, with an estimated average price of $66.76. The impact to his portfolio due to this purchase was 0.59%. His holdings were 1,500,000 shares as of 03/31/2010.

Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crudeoil, natural gas and petroleum products. Exxon Mobil Corp. has a market cap of $300.27 billion; its shares were traded at around $63.6 with a P/E ratio of 14.39 and P/S ratio of 0.97. The dividend yield of Exxon Mobil Corp. stocks is 2.77%. Exxon Mobil Corp. had an annual average earning growth of 11.2% over the past 10 years. GuruFocus rated Exxon Mobil Corp. the business predictability rank of 3.5-star.

Added: Endo Pharmaceuticals Holdings Inc. (ENDP)

John Hussman added to his holdings in Endo Pharmaceuticals Holdings Inc. by 310.26%. His purchase prices were between $19.51 and $24.82, with an estimated average price of $21.61. The impact to his portfolio due to this purchase was 0.51%. His holdings were 1,600,000 shares as of 03/31/2010.

Endo Pharmaceuticals Holdings Inc., through its wholly owned subsidiaries, Endo Pharmaceuticals Inc. Endo Pharmaceuticals Holdings Inc. has a market cap of $2.51 billion; its shares were traded at around $21.42 with a P/E ratio of 7.36 and P/S ratio of 1.72. Endo Pharmaceuticals Holdings Inc. had an annual average earning growth of 32.8% over the past 10 years.

Added: Check Point Software Technologies Ltd. (CHKP)

John Hussman added to his holdings in Check Point Software Technologies Ltd. by 79.91%. His purchase prices were between $31.98 and $34.93, with an estimated average price of $33.57. The impact to his portfolio due to this purchase was 0.45%. His holdings were 1,648,000 shares as of 03/31/2010.

Check Point Software Technologies Ltd. is a provider of policy-based enterprise security and traffic management solutions. Check Point Software Technologies Ltd. has a market cap of $6.82 billion; its shares were traded at around $32.63 with a P/E ratio of 16.32 and P/S ratio of 7.38. Check Point Software Technologies Ltd. had an annual average earning growth of 5.3% over the past 10 years. GuruFocus rated Check Point Software Technologies Ltd. the business predictability rank of 3.5-star.

Added: American Eagle Outfitters Inc. (AEO)

John Hussman added to his holdings in American Eagle Outfitters Inc. by 56.55%. His purchase prices were between $15.73 and $19.34, with an estimated average price of $17.21. The impact to his portfolio due to this purchase was 0.37%. His holdings were 3,131,000 shares as of 03/31/2010.

American Eagle Outfitters is a specialty retailer of all-American casual apparel, accessories, and footwear for men and women between the ages of 16 and 34. American Eagle Outfitters Inc. has a market cap of $3.25 billion; its shares were traded at around $15.53 with a P/E ratio of 20.43 and P/S ratio of 1.09. The dividend yield of American Eagle Outfitters Inc. stocks is 2.58%. American Eagle Outfitters Inc. had an annual average earning growth of 15.5% over the past 10 years.

Added: Waters Corp. (WAT)

John Hussman added to his holdings in Waters Corp. by 25.47%. His purchase prices were between $56.18 and $67.89, with an estimated average price of $61.45. The impact to his portfolio due to this purchase was 0.35%. His holdings were 1,458,000 shares as of 03/31/2010.

Waters Corporation is a holding company which owns only and all of the outstanding common stock of Waters Technologies Corporation, the operating subsidiary. Waters Corp. has a market cap of $6.38 billion; its shares were traded at around $68.18 with a P/E ratio of 19.37 and P/S ratio of 4.26. Waters Corp. had an annual average earning growth of 12.4% over the past 10 years. GuruFocus rated Waters Corp. the business predictability rank of 4.5-star.

Added: Noble Corp. (NE)

John Hussman added to his holdings in Noble Corp. by 152.53%. His purchase prices were between $38.94 and $44.87, with an estimated average price of $42.34. The impact to his portfolio due to this purchase was 0.33%. His holdings were 750,000 shares as of 03/31/2010.

Noble Corp. is a provider of diversified services for the oil and gas industry. Noble Corp. has a market cap of $8.92 billion; its shares were traded at around $34.64 with a P/E ratio of 5.52 and P/S ratio of 2.45. The dividend yield of Noble Corp. stocks is 0.58%. Noble Corp. had an annual average earning growth of 26.5% over the past 10 years. GuruFocus rated Noble Corp. the business predictability rank of 2-star.

Added: Astrazeneca Plc (AZN)

John Hussman added to his holdings in Astrazeneca Plc by 15.5%. His purchase prices were between $43.05 and $50.4, with an estimated average price of $45.64. The impact to his portfolio due to this purchase was 0.32%. His holdings were 3,003,000 shares as of 03/31/2010.

AstraZeneca PLC is one of the top five pharmaceutical companies in the world based on sales and is a therapeutic leader in cardiovascular, gastrointestinal, oncology, anesthesia including pain management, central nervous system (CNS) and respiratory products. Astrazeneca Plc has a market cap of $61.01 billion; its shares were traded at around $42.05 with a P/E ratio of 7.44 and P/S ratio of 1.86. The dividend yield of Astrazeneca Plc stocks is 5.47%. Astrazeneca Plc had an annual average earning growth of 16.2% over the past 10 years. GuruFocus rated Astrazeneca Plc the business predictability rank of 3-star.

Added: Chevron Corp. (CVX)

John Hussman added to his holdings in Chevron Corp. by 146.48%. His purchase prices were between $70.13 and $80.88, with an estimated average price of $74.73. The impact to his portfolio due to this purchase was 0.28%. His holdings were 350,000 shares as of 03/31/2010.

Chevron is the fifth-largest integrated energy company in the world. Chevron Corp. has a market cap of $156.31 billion; its shares were traded at around $77.83 with a P/E ratio of 12.01 and P/S ratio of 0.91. The dividend yield of Chevron Corp. stocks is 3.49%. Chevron Corp. had an annual average earning growth of 11.5% over the past 10 years. GuruFocus rated Chevron Corp. the business predictability rank of 3-star.

Added: Idexx Laboratories Inc. (IDXX)

John Hussman added to his holdings in Idexx Laboratories Inc. by 48.2%. His purchase prices were between $49.93 and $59.63, with an estimated average price of $55.23. The impact to his portfolio due to this purchase was 0.24%. His holdings were 741,000 shares as of 03/31/2010.

IDEXX Laboratories, Inc. is a world leader in providing diagnostic, detection, and information products to the animal health industry as well as quality assurance products and services to the food and water industries. Idexx Laboratories Inc. has a market cap of $3.72 billion; its shares were traded at around $64.56 with a P/E ratio of 30.31 and P/S ratio of 3.6. Idexx Laboratories Inc. had an annual average earning growth of 17.5% over the past 10 years. GuruFocus rated Idexx Laboratories Inc. the business predictability rank of 4.5-star.

Added: Oracle Corp. (ORCL)

John Hussman added to his holdings in Oracle Corp. by 25%. His purchase prices were between $23.06 and $26.04, with an estimated average price of $24.58. The impact to his portfolio due to this purchase was 0.23%. His holdings were 2,500,000 shares as of 03/31/2010.

Oracle Corporation is one of the world's suppliers of software for information management. Oracle Corp. has a market cap of $119.35 billion; its shares were traded at around $23.78 with a P/E ratio of 16.29 and P/S ratio of 5.13. The dividend yield of Oracle Corp. stocks is 0.84%. Oracle Corp. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated Oracle Corp. the business predictability rank of 3-star.

Added: Vistaprint Ltd. (VPRT)

John Hussman added to his holdings in Vistaprint Ltd. by 71.95%. His purchase prices were between $51.32 and $62.05, with an estimated average price of $56.91. The impact to his portfolio due to this purchase was 0.22%. His holdings were 521,000 shares as of 03/31/2010.

Vistaprint N.V. is an online provider of coordinated portfolios of marketing products and services to small businesses globally. Vistaprint Ltd. has a market cap of $2.04 billion; its shares were traded at around $46.9 with a P/E ratio of 30.06 and P/S ratio of 3.95.

Added: Marathon Oil Corp. (MRO)

John Hussman added to his holdings in Marathon Oil Corp. by 133.64%. His purchase prices were between $28.04 and $32.85, with an estimated average price of $30.7. The impact to his portfolio due to this purchase was 0.16%. His holdings were 500,000 shares as of 03/31/2010.

Marathon Oil Corporation is an energy company engaged in the worldwide exploration, production and transportation of crude oil and natural gas. Marathon Oil Corp. has a market cap of $22.17 billion; its shares were traded at around $31.29 with a P/E ratio of 18.19 and P/S ratio of 0.41. The dividend yield of Marathon Oil Corp. stocks is 3.07%. Marathon Oil Corp. had an annual average earning growth of 11.3% over the past 10 years. GuruFocus rated Marathon Oil Corp. the business predictability rank of 3-star.

Added: Amdocs Ltd. (DOX)

John Hussman added to his holdings in Amdocs Ltd. by 26.52%. His purchase prices were between $27.87 and $30.82, with an estimated average price of $29.29. The impact to his portfolio due to this purchase was 0.14%. His holdings were 1,250,000 shares as of 03/31/2010.

Amdocs is a provider of customer care, billing and order management systems for communications and Internet services. Amdocs Ltd. has a market cap of $6.3 billion; its shares were traded at around $30.62 with a P/E ratio of 15.31 and P/S ratio of 2.2. Amdocs Ltd. had an annual average earning growth of 7.4% over the past 10 years. GuruFocus rated Amdocs Ltd. the business predictability rank of 4-star.

Added: Factset Research Systems Inc. (FDS)

John Hussman added to his holdings in Factset Research Systems Inc. by 8.7%. His purchase prices were between $62.19 and $76.17, with an estimated average price of $67.6. The impact to his portfolio due to this purchase was 0.13%. His holdings were 1,250,000 shares as of 03/31/2010.

FactSet Research Systems Inc. supplies global economic and financial data to analysts, investment bankers and other financial professionals. Factset Research Systems Inc. has a market cap of $3.43 billion; its shares were traded at around $73.44 with a P/E ratio of 24.81 and P/S ratio of 5.51. The dividend yield of Factset Research Systems Inc. stocks is 1.09%. Factset Research Systems Inc. had an annual average earning growth of 20.8% over the past 10 years. GuruFocus rated Factset Research Systems Inc. the business predictability rank of 5-star.

Added: Biovail Corp. (BVF)

John Hussman added to his holdings in Biovail Corp. by 26.74%. His purchase prices were between $13.74 and $16.86, with an estimated average price of $15.11. The impact to his portfolio due to this purchase was 0.12%. His holdings were 2,000,000 shares as of 03/31/2010.

Biovail Corporation is a specialty pharmaceutical company, engaged in the formulation, clinical testing, registration, manufacture and commercialization of pharmaceutical products utilizing advanced drug-delivery technologies. Biovail Corp. has a market cap of $2.58 billion; its shares were traded at around $16.27 with a P/E ratio of 9.24 and P/S ratio of 3.14. The dividend yield of Biovail Corp. stocks is 2.21%. Biovail Corp. had an annual average earning growth of 4.1% over the past 10 years.

Added: Dresserrand Group Inc. (DRC)

John Hussman added to his holdings in Dresserrand Group Inc. by 14.68%. His purchase prices were between $29.58 and $33.65, with an estimated average price of $31.61. The impact to his portfolio due to this purchase was 0.09%. His holdings were 1,250,000 shares as of 03/31/2010.

Dresser-Rand Group is among the largest global suppliers of rotating equipment solutions to the worldwide oil, gas, petrochemical and process industries. Dresserrand Group Inc. has a market cap of $2.68 billion; its shares were traded at around $32.52 with a P/E ratio of 13.44 and P/S ratio of 1.17. Dresserrand Group Inc. had an annual average earning growth of 35.4% over the past 5 years.

New Purchase: Colgatepalmolive Company (CL)

John Hussman initiated holdings in Colgatepalmolive Company. His purchase prices were between $79.07 and $85.46, with an estimated average price of $82.23. The impact to his portfolio due to this purchase was 2.44%. His holdings were 1,622,000 shares as of 03/31/2010.

Colgate-Palmolive is a global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgatepalmolive Company has a market cap of $40.74 billion; its shares were traded at around $82.76 with a P/E ratio of 17.95 and P/S ratio of 2.66. The dividend yield of Colgatepalmolive Company stocks is 2.56%. Colgatepalmolive Company had an annual average earning growth of 8.6% over the past 10 years. GuruFocus rated Colgatepalmolive Company the business predictability rank of 4-star.

New Purchase: Wellpoint Inc. (WLP)

John Hussman initiated holdings in Wellpoint Inc.. His purchase prices were between $58.29 and $68.06, with an estimated average price of $62.61. The impact to his portfolio due to this purchase was 1.7%. His holdings were 1,500,000 shares as of 03/31/2010.

WellPoint, Inc. is the largest publicly traded commercial health benefits company in terms of membership in the United States. Wellpoint Inc. has a market cap of $23.57 billion; its shares were traded at around $53.09 with a P/E ratio of 8.4 and P/S ratio of 0.36. Wellpoint Inc. had an annual average earning growth of 21.6% over the past 10 years.

New Purchase: Abbott Laboratories (ABT)

John Hussman initiated holdings in Abbott Laboratories. His purchase prices were between $52.51 and $56.24, with an estimated average price of $54.33. The impact to his portfolio due to this purchase was 1.39%. His holdings were 1,500,000 shares as of 03/31/2010.

Abbott Laboratories is a global, broad-based health care company devoted to discovering new medicines, new technologies and new ways to manage health. Abbott Laboratories has a market cap of $75.3 billion; its shares were traded at around $48.5 with a P/E ratio of 12.73 and P/S ratio of 2.45. The dividend yield of Abbott Laboratories stocks is 3.63%. Abbott Laboratories had an annual average earning growth of 7.3% over the past 10 years. GuruFocus rated Abbott Laboratories the business predictability rank of 4.5-star.

New Purchase: Merck & Co. Inc. (MRK)

John Hussman initiated holdings in Merck & Co. Inc.. His purchase prices were between $36.2 and $41.03, with an estimated average price of $37.78. The impact to his portfolio due to this purchase was 1.32%. His holdings were 2,000,000 shares as of 03/31/2010.

Merck & Co., Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Merck & Co. Inc. has a market cap of $102.43 billion; its shares were traded at around $32.88 with a P/E ratio of 9.81 and P/S ratio of 3.73. The dividend yield of Merck & Co. Inc. stocks is 4.62%.

New Purchase: Chipotle Mexican Grill Inc. (CMG)

John Hussman initiated holdings in Chipotle Mexican Grill Inc.. His purchase prices were between $86.43 and $115.27, with an estimated average price of $103.43. The impact to his portfolio due to this purchase was 1.31%. His holdings were 661,000 shares as of 03/31/2010.

Chipotle offers a focused menu of burritos, tacos, burrito bols and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere. Chipotle Mexican Grill Inc. has a market cap of $4.37 billion; its shares were traded at around $138.61 with a P/E ratio of 31.79 and P/S ratio of 2.88. Chipotle Mexican Grill Inc. had an annual average earning growth of 35.6% over the past 5 years.

New Purchase: General Mills Inc. (GIS)

John Hussman initiated holdings in General Mills Inc.. His purchase prices were between $68.58 and $73.64, with an estimated average price of $71.46. The impact to his portfolio due to this purchase was 1.25%. His holdings were 1,000,000 shares as of 03/31/2010.

General Mills, Inc. is one of the producers of packaged consumer foods and markets its products primarily through its own sales organizations, supported by advertising and other promotional activities. General Mills Inc. has a market cap of $24.13 billion; its shares were traded at around $72.74 with a P/E ratio of 15.64 and P/S ratio of 1.64. The dividend yield of General Mills Inc. stocks is 2.69%. General Mills Inc. had an annual average earning growth of 7.4% over the past 10 years. GuruFocus rated General Mills Inc. the business predictability rank of 4-star.

New Purchase: Novartis Ag (NVS)

John Hussman initiated holdings in Novartis Ag. His purchase prices were between $51.91 and $55.52, with an estimated average price of $54.06. The impact to his portfolio due to this purchase was 0.96%. His holdings were 1,002,250 shares as of 03/31/2010.

Novartis AG is committed to improving health and well-being through innovative products and services. Novartis Ag has a market cap of $108.17 billion; its shares were traded at around $47.28 with a P/E ratio of 12.81 and P/S ratio of 2.44. The dividend yield of Novartis Ag stocks is 3.5%. Novartis Ag had an annual average earning growth of 14.2% over the past 10 years. GuruFocus rated Novartis Ag the business predictability rank of 5-star.

New Purchase: Kellogg Company (K)

John Hussman initiated holdings in Kellogg Company. His purchase prices were between $52.01 and $55.36, with an estimated average price of $53.33. The impact to his portfolio due to this purchase was 0.94%. His holdings were 1,000,000 shares as of 03/31/2010.

Kellogg Company is the world's producer of cereal and a producer of convenience foods, including cookies, crackers, toaster pastries, cereal bars, frozen waffles, meat alternatives, pie crusts, and ice cream cones. Kellogg Company has a market cap of $20.69 billion; its shares were traded at around $54.5 with a P/E ratio of 15.98 and P/S ratio of 1.65. The dividend yield of Kellogg Company stocks is 2.75%. Kellogg Company had an annual average earning growth of 7.4% over the past 10 years. GuruFocus rated Kellogg Company the business predictability rank of 4.5-star.

New Purchase: Illumina Inc. (ILMN)

John Hussman initiated holdings in Illumina Inc.. His purchase prices were between $30.35 and $40.51, with an estimated average price of $37.16. The impact to his portfolio due to this purchase was 0.93%. His holdings were 1,360,000 shares as of 03/31/2010.

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 $5.08 billion; its shares were traded at around $41.94 with a P/E ratio of 55.18 and P/S ratio of 7.62.

New Purchase: Pepsico Inc. (PEP)

John Hussman initiated holdings in Pepsico Inc.. His purchase prices were between $58.96 and $66.86, with an estimated average price of $62.7. The impact to his portfolio due to this purchase was 0.85%. His holdings were 731,000 shares as of 03/31/2010.

PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. Pepsico Inc. has a market cap of $109.19 billion; its shares were traded at around $66.07 with a P/E ratio of 17.57 and P/S ratio of 2.53. The dividend yield of Pepsico Inc. stocks is 2.72%. Pepsico Inc. had an annual average earning growth of 8.9% over the past 10 years. GuruFocus rated Pepsico Inc. the business predictability rank of 4-star.

New Purchase: Becton Dickinson And Company (BDX)

John Hussman initiated holdings in Becton Dickinson And Company. His purchase prices were between $74.64 and $80.14, with an estimated average price of $77.59. The impact to his portfolio due to this purchase was 0.59%. His holdings were 428,000 shares as of 03/31/2010.

Becton, Dickinson and Co. is engaged principally in the manufacture and sale of a broad line of supplies, devices and systems used by health care professionals, medical research institutions and the general public. Becton Dickinson And Company has a market cap of $17.27 billion; its shares were traded at around $73.26 with a P/E ratio of 14.39 and P/S ratio of 2.41. The dividend yield of Becton Dickinson And Company stocks is 2.02%. Becton Dickinson And Company had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated Becton Dickinson And Company the business predictability rank of 4.5-star.

New Purchase: The Clorox Company (CLX)

John Hussman initiated holdings in The Clorox Company. His purchase prices were between $59.17 and $65.11, with an estimated average price of $61.66. The impact to his portfolio due to this purchase was 0.57%. His holdings were 500,000 shares as of 03/31/2010.

Clorox Company's business operations, represented by the aggregate of its U. The Clorox Company has a market cap of $8.94 billion; its shares were traded at around $63.73 with a P/E ratio of 14.75 and P/S ratio of 1.64. The dividend yield of The Clorox Company stocks is 3.14%. The Clorox Company had an annual average earning growth of 10.7% over the past 10 years. GuruFocus rated The Clorox Company the business predictability rank of 3-star.

New Purchase: Berkshire Hathaway Inc. (BRK.B)

John Hussman initiated holdings in Berkshire Hathaway Inc.. His purchase prices were between $64.94 and $83.36, with an estimated average price of $75.68. The impact to his portfolio due to this purchase was 0.54%. His holdings were 375,000 shares as of 03/31/2010.

Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. Berkshire Hathaway Inc. has a market cap of $189.05 billion; its shares were traded at around $76.23 with a P/E ratio of 22 and P/S ratio of 1.8. Berkshire Hathaway Inc. had an annual average earning growth of 13.2% over the past 10 years. GuruFocus rated Berkshire Hathaway Inc. the business predictability rank of 2-star.

New Purchase: Alcon Inc. (ACL)

John Hussman initiated holdings in Alcon Inc.. His purchase prices were between $152.51 and $166, with an estimated average price of $158.84. The impact to his portfolio due to this purchase was 0.53%. His holdings were 185,000 shares as of 03/31/2010.

Alcon, Inc. is the world's eye care company. Alcon Inc. has a market cap of $45.2 billion; its shares were traded at around $151.19 with a P/E ratio of 21.09 and P/S ratio of 6.96. The dividend yield of Alcon Inc. stocks is 2.41%. Alcon Inc. had an annual average earning growth of 18.3% over the past 10 years.

New Purchase: Stryker Corp. (SYK)

John Hussman initiated holdings in Stryker Corp.. His purchase prices were between $50.37 and $57.96, with an estimated average price of $54.21. The impact to his portfolio due to this purchase was 0.5%. His holdings were 500,000 shares as of 03/31/2010.

Stryker Corporation develops, manufactures, and markets specialty surgical and medical products, including orthopaedic implants, bone cement, trauma systems used in bone repair, powered surgical instruments, endoscopic systems, craniomaxillofacial fixation devices, specialty surgical equipment used in neurosurgery and patient care and handling equipment for the global market and provide outpatient physical and occupational rehabilitation services. Stryker Corp. has a market cap of $22.38 billion; its shares were traded at around $56.46 with a P/E ratio of 18.57 and P/S ratio of 3.33. The dividend yield of Stryker Corp. stocks is 1.06%. Stryker Corp. had an annual average earning growth of 15.9% over the past 10 years. GuruFocus rated Stryker Corp. the business predictability rank of 4-star.

New Purchase: Cognizant Technology Solutions Corp. (CTSH)

John Hussman initiated holdings in Cognizant Technology Solutions Corp.. His purchase prices were between $43.12 and $52.52, with an estimated average price of $48.06. The impact to his portfolio due to this purchase was 0.45%. His holdings were 500,000 shares as of 03/31/2010.

Cognizant Technology Solutions delivers high-quality, cost-effective, full life cycle solutions to complex software development and maintenance problems that companies face as they transition to e-business. Cognizant Technology Solutions Corp. has a market cap of $14.85 billion; its shares were traded at around $49.89 with a P/E ratio of 26.54 and P/S ratio of 4.53. Cognizant Technology Solutions Corp. had an annual average earning growth of 40.3% over the past 10 years. GuruFocus rated Cognizant Technology Solutions Corp. the business predictability rank of 5-star.

New Purchase: Nvidia Corp. (NVDA)

John Hussman initiated holdings in Nvidia Corp.. His purchase prices were between $15.39 and $18.88, with an estimated average price of $17.19. The impact to his portfolio due to this purchase was 0.31%. His holdings were 1,000,000 shares as of 03/31/2010.

NVIDIA Corporation designs, develops and markets a `top-to-bottom` family of award-winning 3D graphics processors, graphics processing units and related software that set the standard for performance, quality and features for every type of desktop personal computer user, from professional workstations to low-cost computers. Nvidia Corp. has a market cap of $7.37 billion; its shares were traded at around $12.96 with a P/E ratio of 31.61 and P/S ratio of 2.22.

New Purchase: Laboratory Corp. Of America Holdings (LH)

John Hussman initiated holdings in Laboratory Corp. Of America Holdings. His purchase prices were between $70.14 and $76.92, with an estimated average price of $73.67. The impact to his portfolio due to this purchase was 0.3%. His holdings were 226,000 shares as of 03/31/2010.

Laboratory Corporation of America Holdings, is one of the largest independent clinical laboratory company's in the United States. Laboratory Corp. Of America Holdings has a market cap of $8.11 billion; its shares were traded at around $77.47 with a P/E ratio of 15.56 and P/S ratio of 1.73. Laboratory Corp. Of America Holdings had an annual average earning growth of 17.6% over the past 10 years.

New Purchase: The J.m. Smucker Company (SJM)

John Hussman initiated holdings in The J.m. Smucker Company. His purchase prices were between $58.67 and $62.65, with an estimated average price of $60.53. The impact to his portfolio due to this purchase was 0.26%. His holdings were 240,000 shares as of 03/31/2010.

The J.M. Smucker Company, headquartered in Orrville, Ohio is the marketer of jams, jellies, preserves, and other fruit spreads in the U. The J.m. Smucker Company has a market cap of $6.88 billion; its shares were traded at around $57.79 with a P/E ratio of 13.35 and P/S ratio of 1.83. The dividend yield of The J.m. Smucker Company stocks is 2.77%. The J.m. Smucker Company had an annual average earning growth of 10.5% over the past 10 years. GuruFocus rated The J.m. Smucker Company the business predictability rank of 4-star.

New Purchase: Patterson Companies Inc. (PDCO)

John Hussman initiated holdings in Patterson Companies Inc.. His purchase prices were between $27.98 and $31.24, with an estimated average price of $29.83. The impact to his portfolio due to this purchase was 0.24%. His holdings were 430,000 shares as of 03/31/2010.

Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. Patterson Companies Inc. has a market cap of $3.71 billion; its shares were traded at around $30.24 with a P/E ratio of 17.58 and P/S ratio of 1.2. The dividend yield of Patterson Companies Inc. stocks is 1.32%. Patterson Companies Inc. had an annual average earning growth of 17.4% over the past 10 years. GuruFocus rated Patterson Companies Inc. the business predictability rank of 4-star.

New Purchase: Pharmaceutical Product Development Inc. (PPDI)

John Hussman initiated holdings in Pharmaceutical Product Development Inc.. His purchase prices were between $20.91 and $23.85, with an estimated average price of $22.44. The impact to his portfolio due to this purchase was 0.23%. His holdings were 550,000 shares as of 03/31/2010.

As a global provider of discovery and development services and products for pharmaceutical, biotechnology and medical device companies, PPD applies innovative technologies, therapeutic expertise and a commitment to quality to help clients maximize the return on their R&D investments. Pharmaceutical Product Development Inc. has a market cap of $3.17 billion; its shares were traded at around $26.75 with a P/E ratio of 25.72 and P/S ratio of 2.24. The dividend yield of Pharmaceutical Product Development Inc. stocks is 2.24%. Pharmaceutical Product Development Inc. had an annual average earning growth of 17.1% over the past 10 years. GuruFocus rated Pharmaceutical Product Development Inc. the business predictability rank of 3.5-star.

New Purchase: Lm Ericsson Telephone Company (ERIC)

John Hussman initiated holdings in Lm Ericsson Telephone Company. His purchase prices were between $9.19 and $11.3, with an estimated average price of $10.12. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 6,000 shares as of 03/31/2010.

Ericsson is a world-supplier in the fast-growing and dynamic telecommunications and data communications industry, offering advanced communications solutions for mobile and fixed networks, as well as consumer products. Lm Ericsson Telephone Company has a market cap of $34.14 billion; its shares were traded at around $10.43 with a P/E ratio of 20.86 and P/S ratio of 1.2. The dividend yield of Lm Ericsson Telephone Company stocks is 1.86%.

New Purchase: Bp P.l.c. (BP)

John Hussman initiated holdings in Bp P.l.c.. His purchase prices were between $52.43 and $62.32, with an estimated average price of $56.86. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 1,200 shares as of 03/31/2010.

BP p.l.c. is the holding company of one of the world's largest petroleum and petrochemicals groups. Bp P.l.c. has a market cap of $146.42 billion; its shares were traded at around $46.87 with a P/E ratio of 8.17 and P/S ratio of 0.59. The dividend yield of Bp P.l.c. stocks is 8.96%. Bp P.l.c. had an annual average earning growth of 20.3% over the past 10 years. GuruFocus rated Bp P.l.c. the business predictability rank of 3-star.

New Purchase: Mobile Telesystems Ojsc (MBT)

John Hussman initiated holdings in Mobile Telesystems Ojsc. His purchase prices were between $17.836 and $23.232, with an estimated average price of $20.63. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 1,000 shares as of 03/31/2010.

MOBILE TELE-ADR mission is to build a integrated mobile communications world, which will bring people together, enrich their lives and open up new horizons, both at work and at home. Mobile Telesystems Ojsc has a market cap of $19.02 billion; its shares were traded at around $20.18 with a P/E ratio of 16.6 and P/S ratio of 1.94. Mobile Telesystems Ojsc had an annual average earning growth of 46.6% over the past 10 years. GuruFocus rated Mobile Telesystems Ojsc the business predictability rank of 2.5-star.

New Purchase: Trina Solar Ltd. (TSL)

John Hussman initiated holdings in Trina Solar Ltd.. His purchase prices were between $20.54 and $30.775, with an estimated average price of $24.21. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,000 shares as of 03/31/2010.

TRINA SOLAR LTD is currently one of the few private manufactures who has developed a vertically integrated business model from the production of monocrystalline ingots, wafers and cells to the assembly of high quality modules. Trina Solar Ltd. has a market cap of $1.56 billion; its shares were traded at around $20.1 with a P/E ratio of 11.49 and P/S ratio of 1.85.

New Purchase: Wipro Ltd. (WIT)

John Hussman initiated holdings in Wipro Ltd.. His purchase prices were between $19.33 and $24.21, with an estimated average price of $22.05. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,500 shares as of 03/31/2010.

WIPRO LTD-ADR provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Ltd. has a market cap of $31.63 billion; its shares were traded at around $21.55 with a P/E ratio of 32.16 and P/S ratio of 5.23. The dividend yield of Wipro Ltd. stocks is 0.39%.

New Purchase: America Movil S.a.b. De C.v. (AMOV)

John Hussman initiated holdings in America Movil S.a.b. De C.v.. His purchase prices were between $43.02 and $50.57, with an estimated average price of $46.49. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 2,000 shares as of 03/31/2010.

America Movil S.a.b. De C.v. has a market cap of $163.69 billion; its shares were traded at around $49.0142 . The dividend yield of America Movil S.a.b. De C.v. stocks is 0.8%.

New Purchase: Portugal Telecom Sgps S.a. (PT)

John Hussman initiated holdings in Portugal Telecom Sgps S.a.. His purchase prices were between $9.95 and $12.35, with an estimated average price of $11.01. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,000 shares as of 03/31/2010.

Portugal Telecom Group is the largest telecommunications and multimedia company in Portugal. Portugal Telecom Sgps S.a. has a market cap of $8.53 billion; its shares were traded at around $9.52 with a P/E ratio of 8.9 and P/S ratio of 0.9. The dividend yield of Portugal Telecom Sgps S.a. stocks is 6.37%.

New Purchase: Unilever N.v. New York Registry (UN)

John Hussman initiated holdings in Unilever N.v. New York Registry. His purchase prices were between $28.98 and $32.93, with an estimated average price of $30.83. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 3,500 shares as of 03/31/2010.

Unilever is one of the world's largest consumer products companies. Unilever N.v. New York Registry has a market cap of $78.01 billion; its shares were traded at around $27.97 with and P/S ratio of 1.4. The dividend yield of Unilever N.v. New York Registry stocks is 4.97%.

New Purchase: Sap Aktiengesellschaft (SAP)

John Hussman initiated holdings in Sap Aktiengesellschaft. His purchase prices were between $42.81 and $50.64, with an estimated average price of $46.4. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 1,500 shares as of 03/31/2010.

Sap Ag Adr is the recognized leader in providing collaborative e-business solutions for all types of industries and for every major market. Sap Aktiengesellschaft has a market cap of $53.54 billion; its shares were traded at around $43.67 with a P/E ratio of 16.67 and P/S ratio of 3.56. The dividend yield of Sap Aktiengesellschaft stocks is 1.15%.

New Purchase: Telecomunicaes De So Paulo S.a.telesp (TSP)

John Hussman initiated holdings in Telecomunicaes De So Paulo S.a.telesp. His purchase prices were between $21.02 and $25.42, with an estimated average price of $22.76. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 2,000 shares as of 03/31/2010.

Telecomunicacoes de Sao Paulo S.A. is a Brazil-based company that provides fixed-line telecommunications services in the state of Sao Paulo, Brazil. Telecomunicaes De So Paulo S.a.telesp has a market cap of $10.15 billion; its shares were traded at around $20.05 with a P/E ratio of 8.61 and P/S ratio of 1.26. The dividend yield of Telecomunicaes De So Paulo S.a.telesp stocks is 7.08%. Telecomunicaes De So Paulo S.a.telesp had an annual average earning growth of 6.2% over the past 10 years.

New Purchase: Mindray Medical International Ltd. (MR)

John Hussman initiated holdings in Mindray Medical International Ltd.. His purchase prices were between $33.92 and $39.8, with an estimated average price of $37. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 3,500 shares as of 03/31/2010.

Mindray Medical International Limited is a developer, manufacturer and marketer of medical devices in China with a significant and growing presence worldwide. Mindray Medical International Ltd. has a market cap of $2.74 billion; its shares were traded at around $32.38 with a P/E ratio of 25.5 and P/S ratio of 4.31. The dividend yield of Mindray Medical International Ltd. stocks is 0.49%.

New Purchase: Icon Plc (ICLR)

John Hussman initiated holdings in Icon Plc. His purchase prices were between $21.61 and $27.27, with an estimated average price of $24.53. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,000 shares as of 03/31/2010.

ICON plc is a global full service clinical research organisation. Icon Plc has a market cap of $1.67 billion; its shares were traded at around $28.37 with a P/E ratio of 18.3 and P/S ratio of 1.33.

New Purchase: Carnival Plc (CUK)

John Hussman initiated holdings in Carnival Plc. His purchase prices were between $33.66 and $41.23, with an estimated average price of $37.26. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,000 shares as of 03/31/2010.

Carnival Corporation & plc is the largest cruise vacation group in the world, with cruise brands in North America, Europe and Australia, comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn Cruise Line, Windstar Cruises, AIDA, Costa Cruises, Cunard Line, Ocean Village, P&O Cruises, Swan Hellenic, and P&O Cruises Australia. Carnival Plc has a market cap of $8.35 billion; its shares were traded at around $39.14 with a P/E ratio of 13.5 and P/S ratio of 0.63. The dividend yield of Carnival Plc stocks is 0.26%. Carnival Plc had an annual average earning growth of 34.9% over the past 10 years.

New Purchase: Turkcell Iletisim Hizmetleri A.s. (TKC)

John Hussman initiated holdings in Turkcell Iletisim Hizmetleri A.s.. His purchase prices were between $14.54 and $19.98, with an estimated average price of $16.91. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 1,500 shares as of 03/31/2010.

Turkcell is the provider of mobile communications services in Turkey. Turkcell Iletisim Hizmetleri A.s. has a market cap of $12 billion; its shares were traded at around $13.64 with a P/E ratio of 9.47 and P/S ratio of 2.07. The dividend yield of Turkcell Iletisim Hizmetleri A.s. stocks is 5.78%. Turkcell Iletisim Hizmetleri A.s. had an annual average earning growth of 34.3% over the past 10 years.

New Purchase: Infosys Technologies Ltd. (INFY)

John Hussman initiated holdings in Infosys Technologies Ltd.. His purchase prices were between $50.69 and $62.32, with an estimated average price of $56.85. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 1,500 shares as of 03/31/2010.

Infosys Technologies Limited, defines, designs and delivers IT-enabled business solutions. Infosys Technologies Ltd. has a market cap of $33.03 billion; its shares were traded at around $57.87 with a P/E ratio of 25.16 and P/S ratio of 6.87. The dividend yield of Infosys Technologies Ltd. stocks is 1.22%. Infosys Technologies Ltd. had an annual average earning growth of 37.3% over the past 10 years. GuruFocus rated Infosys Technologies Ltd. the business predictability rank of 4.5-star.

New Purchase: Ja Solar Holdings, Co., Ltd. - Ads (JASO)

John Hussman initiated holdings in Ja Solar Holdings, Co., Ltd. - Ads. His purchase prices were between $4.3 and $6.8, with an estimated average price of $5.14. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 8,000 shares as of 03/31/2010.

JA SOLAR HOLDINGS LTD is a fast growing manufacturer of high-performance solar cells that is advancing solar photovoltaics as a financially viable yet sustainable solution to balance the world's environment and energy needs. Ja Solar Holdings, Co., Ltd. - Ads has a market cap of $1.02 billion; its shares were traded at around $6.09 with a P/E ratio of 20.3 and P/S ratio of 1.85.

Reduced: Autodesk Inc. (ADSK)

John Hussman reduced to his holdings in Autodesk Inc. by 31.03%. His sale prices were between $22.95 and $29.71, with an estimated average price of $26.62. The impact to his portfolio due to this sale was -0.03%. John Hussman still held 200,000 shares as of 03/31/2010.

Autodesk is one of the world's design software and digital content companies for architectural design and land development, manufacturing, utilities, telecommunications, and media and entertainment. Autodesk Inc. has a market cap of $7.06 billion; its shares were traded at around $30.77 with a P/E ratio of 52.15 and P/S ratio of 4.12. Autodesk Inc. had an annual average earning growth of 9.2% over the past 10 years.

Reduced: Under Armour Inc. (UA)

John Hussman reduced to his holdings in Under Armour Inc. by 24.61%. His sale prices were between $23.94 and $30.8, with an estimated average price of $27.45. The impact to his portfolio due to this sale was -0.09%. John Hussman still held 720,000 shares as of 03/31/2010.

Under Armour is a developer, marketer and distributor of branded performance products for men, women and youth. Under Armour Inc. has a market cap of $1.65 billion; its shares were traded at around $32.81 with a P/E ratio of 33.14 and P/S ratio of 1.93.

Reduced: Coach Inc. (COH)

John Hussman reduced to his holdings in Coach Inc. by 22.48%. His sale prices were between $34.04 and $40.31, with an estimated average price of $36.81. The impact to his portfolio due to this sale was -0.16%. John Hussman still held 1,000,000 shares as of 03/31/2010.

Coach Inc. is a designer, producer and marketer of high-quality, modern, American classic accessories that complement the diverse lifestyles of discerning women and men. Coach Inc. has a market cap of $12.59 billion; its shares were traded at around $40.06 with a P/E ratio of 18.99 and P/S ratio of 3.9. The dividend yield of Coach Inc. stocks is 0.75%. Coach Inc. had an annual average earning growth of 37.2% over the past 10 years.

Reduced: The Timken Company (TKR)

John Hussman reduced to his holdings in The Timken Company by 42.25%. His sale prices were between $22.41 and $30.14, with an estimated average price of $25.93. The impact to his portfolio due to this sale was -0.18%. John Hussman still held 820,000 shares as of 03/31/2010.

Timken Company's activities are divided into two principal segments. The Timken Company has a market cap of $3.17 billion; its shares were traded at around $32.66 with a P/E ratio of 43.55 and P/S ratio of 1.01. The dividend yield of The Timken Company stocks is 1.1%.

Reduced: Ltd. Brands Inc. (LTD)

John Hussman reduced to his holdings in Ltd. Brands Inc. by 55%. His sale prices were between $18.38 and $25.88, with an estimated average price of $21.51. The impact to his portfolio due to this sale was -0.21%. John Hussman still held 900,000 shares as of 03/31/2010.

The Limited, Inc. is principally engaged in the purchase, distribution and sale of women's, men's and children's apparel, women's intimate apparel, personal care products, and a wide variety of sporting goods. Ltd. Brands Inc. has a market cap of $8.23 billion; its shares were traded at around $25.45 with a P/E ratio of 20.69 and P/S ratio of 0.95. The dividend yield of Ltd. Brands Inc. stocks is 2.36%. Ltd. Brands Inc. had an annual average earning growth of 5.3% over the past 10 years.

Reduced: Gamestop Corp. (GME)

John Hussman reduced to his holdings in Gamestop Corp. by 37.34%. His sale prices were between $17.2 and $24.03, with an estimated average price of $20.01. The impact to his portfolio due to this sale was -0.22%. John Hussman still held 1,500,000 shares as of 03/31/2010.

GameStop Corp. is the world's largest video game and entertainment software retailer. Gamestop Corp. has a market cap of $3.34 billion; its shares were traded at around $21.85 with a P/E ratio of 9.63 and P/S ratio of 0.37. Gamestop Corp. had an annual average earning growth of 18.4% over the past 10 years.

Reduced: Adtran Inc. (ADTN)

John Hussman reduced to his holdings in Adtran Inc. by 29.84%. His sale prices were between $20.96 and $26.95, with an estimated average price of $23.56. The impact to his portfolio due to this sale was -0.24%. John Hussman still held 1,754,000 shares as of 03/31/2010.

Adtran Inc. is a global provider of networking & communications equipment, with an eighteen year history of profitability & a portfolio of more than one thousand four hundred solutions for use in the last mile of today's telecommunications networks. Adtran Inc. has a market cap of $1.63 billion; its shares were traded at around $26.37 with a P/E ratio of 21.61 and P/S ratio of 3.37. The dividend yield of Adtran Inc. stocks is 1.37%. Adtran Inc. had an annual average earning growth of 16.1% over the past 10 years.

Reduced: Ross Stores Inc. (ROST)

John Hussman reduced to his holdings in Ross Stores Inc. by 66.67%. His sale prices were between $42.69 and $54.69, with an estimated average price of $48.14. The impact to his portfolio due to this sale was -0.31%. John Hussman still held 500,000 shares as of 03/31/2010.

Ross Stores, Inc. operates a chain of off-price retail apparel and home accessories stores, which target value conscious men and women between the ages of 25 and 54 in middle-to-upper middle income households. Ross Stores Inc. has a market cap of $6.4 billion; its shares were traded at around $52.29 with a P/E ratio of 14.77 and P/S ratio of 0.89. The dividend yield of Ross Stores Inc. stocks is 1.22%. Ross Stores Inc. had an annual average earning growth of 11.3% over the past 10 years. GuruFocus rated Ross Stores Inc. the business predictability rank of 3.5-star.

Reduced: Analog Devices Inc. (ADI)

John Hussman reduced to his holdings in Analog Devices Inc. by 51.61%. His sale prices were between $26.5 and $31.76, with an estimated average price of $29.18. The impact to his portfolio due to this sale was -0.39%. John Hussman still held 1,500,000 shares as of 03/31/2010.

Analog Devices, Inc. is one of the world leaders in the design, manufacture and marketing of high-performance analog, mixed-signal and digital signal processing integrated circuits used in signal processing applications. Analog Devices Inc. has a market cap of $8.27 billion; its shares were traded at around $27.78 with a P/E ratio of 22.77 and P/S ratio of 4.1. The dividend yield of Analog Devices Inc. stocks is 2.88%.

Reduced: Netapp Inc Common Stock (NTAP)

John Hussman reduced to his holdings in Netapp Inc Common Stock by 23.57%. His sale prices were between $29.13 and $34.54, with an estimated average price of $32. The impact to his portfolio due to this sale was -0.41%. John Hussman still held 3,000,000 shares as of 03/31/2010.

NetApp Inc., formerly Network Appliance, Inc., is a provider of innovative data management solutions that simplify the complexity of storing, managing, protecting, and retaining enterprise data. Netapp Inc Common Stock has a market cap of $11.63 billion; its shares were traded at around $33.75 with a P/E ratio of 36.68 and P/S ratio of 3.41. Netapp Inc Common Stock had an annual average earning growth of 6.5% over the past 10 years.

Reduced: Research In Motion Ltd. (RIMM)

John Hussman reduced to his holdings in Research In Motion Ltd. by 40%. His sale prices were between $61.41 and $75.938, with an estimated average price of $69.06. The impact to his portfolio due to this sale was -0.47%. John Hussman still held 900,000 shares as of 03/31/2010.

RESEARCH IN MOTION is a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. Research In Motion Ltd. has a market cap of $36.88 billion; its shares were traded at around $66.16 with a P/E ratio of 15.11 and P/S ratio of 2.47.

Reduced: Ebay Inc. (EBAY)

John Hussman reduced to his holdings in Ebay Inc. by 33.33%. His sale prices were between $21.77 and $27.56, with an estimated average price of $24.14. The impact to his portfolio due to this sale was -0.48%. John Hussman still held 3,000,000 shares as of 03/31/2010.

eBay is one of the world's largest online trading communities. Ebay Inc. has a market cap of $29.04 billion; its shares were traded at around $22.25 with a P/E ratio of 16.36 and P/S ratio of 3.33. Ebay Inc. had an annual average earning growth of 43.4% over the past 10 years.

Reduced: Darden Restaurants Inc. (DRI)

John Hussman reduced to his holdings in Darden Restaurants Inc. by 42.42%. His sale prices were between $33.88 and $44.97, with an estimated average price of $39.25. The impact to his portfolio due to this sale was -0.5%. John Hussman still held 1,497,000 shares as of 03/31/2010.

Darden Restaurants, Inc. is the world's largest casual dining restaurant company based on market share, sales and number of company-owned and operated restaurants. Darden Restaurants Inc. has a market cap of $6.11 billion; its shares were traded at around $43.47 with a P/E ratio of 14.74 and P/S ratio of 0.85. The dividend yield of Darden Restaurants Inc. stocks is 2.3%. Darden Restaurants Inc. had an annual average earning growth of 12.4% over the past 10 years. GuruFocus rated Darden Restaurants Inc. the business predictability rank of 5-star.

Reduced: Starbucks Corp. (SBUX)

John Hussman reduced to his holdings in Starbucks Corp. by 40%. His sale prices were between $21.7 and $25.56, with an estimated average price of $23.36. The impact to his portfolio due to this sale was -0.51%. John Hussman still held 3,000,000 shares as of 03/31/2010.

Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipments primarily through its company-operated retail stores. Starbucks Corp. has a market cap of $19.71 billion; its shares were traded at around $26.51 with a P/E ratio of 24.1 and P/S ratio of 2.02. The dividend yield of Starbucks Corp. stocks is 1.51%. Starbucks Corp. had an annual average earning growth of 18.4% over the past 10 years. GuruFocus rated Starbucks Corp. the business predictability rank of 3.5-star.

Reduced: Best Buy Co. Inc. (BBY)

John Hussman reduced to his holdings in Best Buy Co. Inc. by 73.33%. His sale prices were between $35.4 and $43.16, with an estimated average price of $38.47. The impact to his portfolio due to this sale was -0.55%. John Hussman still held 1,000,000 shares as of 03/31/2010.

Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. Best Buy Co. Inc. has a market cap of $18.17 billion; its shares were traded at around $43.07 with a P/E ratio of 13.76 and P/S ratio of 0.37. The dividend yield of Best Buy Co. Inc. stocks is 1.3%. Best Buy Co. Inc. had an annual average earning growth of 16.6% over the past 10 years. GuruFocus rated Best Buy Co. Inc. the business predictability rank of 5-star.

Reduced: Bed Bath & Beyond Inc. (BBBY)

John Hussman reduced to his holdings in Bed Bath & Beyond Inc. by 27.6%. His sale prices were between $38.5 and $44.49, with an estimated average price of $41.08. The impact to his portfolio due to this sale was -0.58%. John Hussman still held 2,715,000 shares as of 03/31/2010.

Bed Bath & Beyond is a nationwide operator of `superstores` selling predominantly better quality domestics merchandise and home furnishings typically found in better department stores. Bed Bath & Beyond Inc. has a market cap of $11.7 billion; its shares were traded at around $44.46 with a P/E ratio of 19.33 and P/S ratio of 1.5. Bed Bath & Beyond Inc. had an annual average earning growth of 14.6% over the past 10 years. GuruFocus rated Bed Bath & Beyond Inc. the business predictability rank of 3-star.

Reduced: Broadcom Corp. (BRCM)

John Hussman reduced to his holdings in Broadcom Corp. by 66.67%. His sale prices were between $26.72 and $34.2, with an estimated average price of $31.01. The impact to his portfolio due to this sale was -0.59%. John Hussman still held 1,500,000 shares as of 03/31/2010.

Broadcom Corporation is a developer of highly integrated siliconsolutions that enable broadband digital data transmission to the home and within the business enterprise. Broadcom Corp. has a market cap of $16 billion; its shares were traded at around $32.29 with a P/E ratio of 31.66 and P/S ratio of 3.56. The dividend yield of Broadcom Corp. stocks is 0.99%.

Reduced: Kohl's Corp. (KSS)

John Hussman reduced to his holdings in Kohl's Corp. by 63.64%. His sale prices were between $49.2 and $56.37, with an estimated average price of $52.7. The impact to his portfolio due to this sale was -0.62%. John Hussman still held 1,000,000 shares as of 03/31/2010.

Kohl's Corporation operates family oriented, specialty department stores primarily in the Midwest, Mid-Atlantic and Northeast areas of the United States that feature quality, national brand merchandise priced to provide exceptional value to customers. Kohl's Corp. has a market cap of $16.41 billion; its shares were traded at around $53.45 with a P/E ratio of 15.63 and P/S ratio of 0.96. Kohl's Corp. had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated Kohl's Corp. the business predictability rank of 4-star.

Reduced: Netflix Inc. (NFLX)

John Hussman reduced to his holdings in Netflix Inc. by 23.96%. His sale prices were between $49.13 and $75.06, with an estimated average price of $62.6. The impact to his portfolio due to this sale was -0.66%. John Hussman still held 2,129,000 shares as of 03/31/2010.

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 $5.38 billion; its shares were traded at around $100.56 with a P/E ratio of 45.5 and P/S ratio of 3.22.

Sold Out: Mckesson Corp. (MCK)

John Hussman sold out his holdings in Mckesson Corp.. His sale prices were between $58.28 and $66.72, with an estimated average price of $61.28.

McKesson Corporation, the world's largest health care service and technology company, delivers unique supply and information management solutions that reduce costs and improve quality for its health care customers. Mckesson Corp. has a market cap of $18.24 billion; its shares were traded at around $67.72 with a P/E ratio of 14.79 and P/S ratio of 0.17. The dividend yield of Mckesson Corp. stocks is 0.71%. Mckesson Corp. had an annual average earning growth of 23.8% over the past 10 years. GuruFocus rated Mckesson Corp. the business predictability rank of 3-star.

Sold Out: Berkshire Hathaway Inc. (BRK.A)

John Hussman sold out his holdings in Berkshire Hathaway Inc.. His sale prices were between $97500 and $125000, with an estimated average price of $113488.

Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. Berkshire Hathaway Inc. has a market cap of $188 billion; its shares were traded at around $114150 with a P/E ratio of 22 and P/S ratio of 1.8. Berkshire Hathaway Inc. had an annual average earning growth of 13.2% over the past 10 years. GuruFocus rated Berkshire Hathaway Inc. the business predictability rank of 2-star.

Sold Out: Whirlpool Corp. (WHR)

John Hussman sold out his holdings in Whirlpool Corp.. His sale prices were between $75.18 and $90.08, with an estimated average price of $83.21.

Whirlpool Corp. manufactures and markets a full line of major appliances and related products, primarily for home use. Whirlpool Corp. has a market cap of $7.99 billion; its shares were traded at around $106.69 with a P/E ratio of 15.6 and P/S ratio of 0.47. The dividend yield of Whirlpool Corp. stocks is 1.61%.

Sold Out: Adobe Systems Inc. (ADBE)

John Hussman sold out his holdings in Adobe Systems Inc.. His sale prices were between $31.45 and $37.7, with an estimated average price of $34.72.

Adobe Systems Incorporated is a provider of graphic design, publishing, and imaging software for Web and print production. Adobe Systems Inc. has a market cap of $17.75 billion; its shares were traded at around $33.72 with a P/E ratio of 28.58 and P/S ratio of 6.03. Adobe Systems Inc. had an annual average earning growth of 10.2% over the past 10 years. GuruFocus rated Adobe Systems Inc. the business predictability rank of 4-star.

Sold Out: John Wiley & Sons Inc. (JW.A)

John Hussman sold out his holdings in John Wiley & Sons Inc.. His sale prices were between $39.73 and $43.95, with an estimated average price of $42.17.

Wiley John & Sons Inc. is a global publisher of print and electronic products, specializing in scientific, technical, and medical books and journals; professional and consumer books and subscription services; and textbooks and other educational materials for undergraduate and graduate students as well as lifelong learners. John Wiley & Sons Inc. has a market cap of $2.37 billion; its shares were traded at around $41.36 with a P/E ratio of 15.8 and P/S ratio of 1.5. The dividend yield of John Wiley & Sons Inc. stocks is 1.4%. John Wiley & Sons Inc. had an annual average earning growth of 11.7% over the past 10 years. GuruFocus rated John Wiley & Sons Inc. the business predictability rank of 5-star.

Sold Out: Brinker International Inc. (EAT)

John Hussman sold out his holdings in Brinker International Inc.. His sale prices were between $14.36 and $20.48, with an estimated average price of $17.51.

Brinker International either owns, operates, franchises, or is involved in the ownership of restaurants under the names Chili's Grill & Bar, Romano's Macaroni Grill, On The Border Mexican Grill & Cantina, Maggiano's Little Italy, Cozymel's Coastal Grill, Corner Bakery Cafe, Big Bowl Asian Kitchen, and Rockfish Seafood Grill. Brinker International Inc. has a market cap of $1.79 billion; its shares were traded at around $17.5 with a P/E ratio of 12.96 and P/S ratio of 0.5. The dividend yield of Brinker International Inc. stocks is 2.51%. Brinker International Inc. had an annual average earning growth of 7.5% over the past 10 years.

Sold Out: Petsmart Inc. (PETM)

John Hussman sold out his holdings in Petsmart Inc.. His sale prices were between $25.35 and $31.95, with an estimated average price of $28.03.

PETSMART, INC. is a operator of superstores specializing in pet food, supplies and services in the United States. Petsmart Inc. has a market cap of $4.01 billion; its shares were traded at around $33.27 with a P/E ratio of 20.79 and P/S ratio of 0.75. The dividend yield of Petsmart Inc. stocks is 1.2%. Petsmart Inc. had an annual average earning growth of 26.9% over the past 10 years. GuruFocus rated Petsmart Inc. the business predictability rank of 2.5-star.

Sold Out: Dollar Tree, Inc. (DLTR)

John Hussman sold out his holdings in Dollar Tree, Inc.. His sale prices were between $47.12 and $59.8, with an estimated average price of $52.37.

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 $5.24 billion; its shares were traded at around $59.9 with a P/E ratio of 16.78 and P/S ratio of 1. Dollar Tree, Inc. had an annual average earning growth of 9.7% over the past 10 years. GuruFocus rated Dollar Tree, Inc. the business predictability rank of 3.5-star.

Sold Out: Cooper Industries Ltd. (CBE)

John Hussman sold out his holdings in Cooper Industries Ltd.. His sale prices were between $41.44 and $47.79, with an estimated average price of $44.84.

Cooper Industries Plc, formerly Cooper Industries, Ltd. Cooper Industries Ltd. has a market cap of $8.2 billion; its shares were traded at around $49.02 with a P/E ratio of 17.76 and P/S ratio of 1.62. The dividend yield of Cooper Industries Ltd. stocks is 2.2%. Cooper Industries Ltd. had an annual average earning growth of 5.3% over the past 10 years.

Sold Out: Mattel Inc. (MAT)

John Hussman sold out his holdings in Mattel Inc.. His sale prices were between $19.35 and $23.27, with an estimated average price of $21.33.

Mattel, Inc. designs, manufactures, and markets a broad variety of family products on a worldwide basis through both sales to retailers anddirect to consumers. Mattel Inc. has a market cap of $7.99 billion; its shares were traded at around $21.97 with a P/E ratio of 13.99 and P/S ratio of 1.47. The dividend yield of Mattel Inc. stocks is 3.41%. Mattel Inc. had an annual average earning growth of 4% over the past 10 years.

Sold Out: Target Corp. (TGT)

John Hussman sold out his holdings in Target Corp.. His sale prices were between $48.37 and $54.37, with an estimated average price of $51.22.

Target Corporation operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. Target Corp. has a market cap of $40.79 billion; its shares were traded at around $55.17 with a P/E ratio of 16.72 and P/S ratio of 0.62. The dividend yield of Target Corp. stocks is 1.23%. Target Corp. had an annual average earning growth of 9.8% over the past 10 years. GuruFocus rated Target Corp. the business predictability rank of 4.5-star.

Sold Out: Motorola Inc. (MOT)

John Hussman sold out his holdings in Motorola Inc.. His sale prices were between $6.15 and $8.13, with an estimated average price of $7.12.

Motorola, Inc. is a global leader in providing integrated communications solutions and embedded electronic solutions. Motorola Inc. has a market cap of $15.72 billion; its shares were traded at around $6.79 with a P/E ratio of 48.5 and P/S ratio of 0.71.





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