Hedge Fund Shumway Capital Buys Kraft Foods Inc., Comcast Corp., Air Products And Chemicals Inc., Sells Allstate Corp., Radioshack Corp., Research In Motion Ltd.

Hedge Fund Shumway Capital Q1 Portfolio Update

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May 20, 2010
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Hedge Fund Shumway Capital was founded by Chris Shumway. Shumway Capital Partners was ranked #11 in Barron's top 100 hedge fund rankings for 2009, according to a rolling 3 year annualized return and Shumway has seen a 28.7% annualized performance by this metric.

Chris Shumway is one of the Tiger Cubs, who learned investing strategies from Julian Robertson at Tiger management. Since started his own firm in 2002, Chris Shumway's SCP Ocean Fund Ltd gain 14.3% a year (as of March 2009).

In addition to Chris Shumway, we also track the portfolio holdings, buys and sells of other Tiger Cubs including John Griffin of Blue Ridge Capital, Steve Mandel of Lone Pine Capital, Lee Ainslie of Maverick Capital, Chase Coleman of Tiger Global Management, Robert Karr of Joho Capital, Andreas Halvorsen of Viking Global Investors. Click on the name of these hedge fund managers and see their portfolio.

Tiger cubs usually run long-short portfolio, as their mentor Julian Robertson.

According to the most recent filings of his investment company, Shumway Capital Partners LLC, Chris Shumway owns 56 stocks with a total value of $7.8 billion. These are the details of the buys and sells.

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

This is the sector weightings of his portfolio:

Consumer Services

24.2%

Health Care

21.3%

Technology

19.4%

Financials

17.7%

Industrials

8.2%

Consumer Goods

7%

Basic Materials

2.3%



These are the top 5 holdings of Chris Shumway

  1. Apple Inc. (AAPL) - 3,179,438 shares, 9.52% of the total portfolio. Shares added by 62.42%
  2. The Walt Disney Company Disney (DIS) - 13,143,862 shares, 5.85% of the total portfolio. Shares added by 47.6%
  3. Cisco Systems Inc. (CSCO) - 16,034,025 shares, 5.32% of the total portfolio. Shares added by 57.16%
  4. Kraft Foods Inc. (KFT) - 13,732,623 shares, 5.29% of the total portfolio. New position.
  5. Teva Pharmaceutical Industries Ltd. (TEVA) - 6,550,230 shares, 5.27% of the total portfolio. Shares added by 3.76%


Added: Apple Inc. (AAPL, Financial)

Chris Shumway added to his holdings in Apple Inc. by 62.42%. His purchase prices were between $192.05 and $235.85, with an estimated average price of $210.48. The impact to his portfolio due to this purchase was 3.66%. His holdings were 3,179,438 shares as of 03/31/2010.

Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $225.19 billion; its shares were traded at around $248.34 with a P/E ratio of 21.1 and P/S ratio of 5.3.

Added: Goldman Sachs Group Inc. The (GS, Financial)

Chris Shumway added to his holdings in Goldman Sachs Group Inc. The by 275.37%. His purchase prices were between $148.72 and $177.9, with an estimated average price of $164.09. The impact to his portfolio due to this purchase was 2.86%. His holdings were 1,795,439 shares as of 03/31/2010.

Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. Goldman Sachs Group Inc. The has a market cap of $73.81 billion; its shares were traded at around $140.1 with a P/E ratio of 5.9 and P/S ratio of 1.4. The dividend yield of Goldman Sachs Group Inc. The stocks is 1%. Goldman Sachs Group Inc. The had an annual average earning growth of 12.7% over the past 10 years.

Added: Cisco Systems Inc. (CSCO, Financial)

Chris Shumway added to his holdings in Cisco Systems Inc. by 57.16%. His purchase prices were between $22.47 and $26.65, with an estimated average price of $24.63. The impact to his portfolio due to this purchase was 1.93%. His holdings were 16,034,025 shares as of 03/31/2010.

Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems Inc. has a market cap of $138.9 billion; its shares were traded at around $24.26 with a P/E ratio of 18.8 and P/S ratio of 3.8. Cisco Systems Inc. had an annual average earning growth of 20% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 3.5-star.

Added: The Walt Disney Company Disney (DIS, Financial)

Chris Shumway added to his holdings in The Walt Disney Company Disney by 47.6%. His purchase prices were between $29.32 and $35.31, with an estimated average price of $31.75. The impact to his portfolio due to this purchase was 1.89%. His holdings were 13,143,862 shares as of 03/31/2010.

Walt Disney Company owns 100% of Disney Enterprises, Inc. The Walt Disney Company Disney has a market cap of $64.76 billion; its shares were traded at around $33.39 with a P/E ratio of 17.3 and P/S ratio of 1.8. The dividend yield of The Walt Disney Company Disney stocks is 1%. The Walt Disney Company Disney had an annual average earning growth of 11.2% over the past 10 years.

Added: Baidu.com Inc. Ads (BIDU, Financial)

Chris Shumway added to his holdings in Baidu.com Inc. Ads by 85.41%. His purchase prices were between $38.649 and $60.85, with an estimated average price of $48.79. The impact to his portfolio due to this purchase was 1.11%. His holdings were 317,911 shares as of 03/31/2010.

Baidu, Inc., formerly Baidu.com, Inc. is a Chinese-language Internet search provider and is based in Beijing, the People's Republic of China. Baidu.com Inc. Ads has a market cap of $18.44 billion; its shares were traded at around $70.13 with a P/E ratio of 93.6 and P/S ratio of 28.3. Baidu.com Inc. Ads had an annual average earning growth of 37.2% over the past 5 years.

New Purchase: Kraft Foods Inc. (KFT)

Chris Shumway initiated holdings in Kraft Foods Inc.. His purchase prices were between $27.18 and $30.8, with an estimated average price of $28.99. The impact to his portfolio due to this purchase was 5.29%. His holdings were 13,732,623 shares as of 03/31/2010.

Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. has a market cap of $44.81 billion; its shares were traded at around $30.29 with a P/E ratio of 14.6 and P/S ratio of 1.1. The dividend yield of Kraft Foods Inc. stocks is 3.9%.

New Purchase: Comcast Corp. (CMCSA)

Chris Shumway initiated holdings in Comcast Corp.. His purchase prices were between $15.21 and $18.74, with an estimated average price of $16.69. The impact to his portfolio due to this purchase was 2.71%. His holdings were 11,303,049 shares as of 03/31/2010.

Comcast Corp., among the world's communication companies, provides basic cable, digital cable and high speed internet services that connect people to what's important in their lives. Comcast Corp. has a market cap of $49.88 billion; its shares were traded at around $17.58 with a P/E ratio of 14.6 and P/S ratio of 1.4. The dividend yield of Comcast Corp. stocks is 2.1%. Comcast Corp. had an annual average earning growth of 15.1% over the past 10 years.

New Purchase: Air Products And Chemicals Inc. (APD)

Chris Shumway initiated holdings in Air Products And Chemicals Inc.. His purchase prices were between $67.95 and $83.34, with an estimated average price of $37.03. The impact to his portfolio due to this purchase was 2%. His holdings were 2,120,939 shares as of 03/31/2010.

Air Products and Chemicals, Inc. has established an internationally recognized industrial gas and related industrial process equipment business, and developed strong positions as a producer of certain chemicals. Air Products And Chemicals Inc. has a market cap of $14.72 billion; its shares were traded at around $69.39 with a P/E ratio of 15.2 and P/S ratio of 1.8. The dividend yield of Air Products And Chemicals Inc. stocks is 2.8%. Air Products And Chemicals Inc. had an annual average earning growth of 7.5% over the past 10 years.

New Purchase: Bank Of America Corp. (BAC)

Chris Shumway initiated holdings in Bank Of America Corp.. His purchase prices were between $14.45 and $18.04, with an estimated average price of $16.17. The impact to his portfolio due to this purchase was 1.18%. His holdings were 5,200,000 shares as of 03/31/2010.

Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $141.23 billion; its shares were traded at around $16.31 with and P/S ratio of 0.9. The dividend yield of Bank Of America Corp. stocks is 0.2%.

New Purchase: General Dynamics Corp. (GD)

Chris Shumway initiated holdings in General Dynamics Corp.. His purchase prices were between $66.35 and $78.48, with an estimated average price of $71.39. The impact to his portfolio due to this purchase was 1.16%. His holdings were 1,180,747 shares as of 03/31/2010.

General Dynamics Corp.'s primary businesses focus is on shipbuilding and marine systems, business aviation, information systems, and land and amphibious combat systems. General Dynamics Corp. has a market cap of $26.79 billion; its shares were traded at around $69.68 with a P/E ratio of 11.3 and P/S ratio of 0.9. The dividend yield of General Dynamics Corp. stocks is 2.3%. General Dynamics Corp. had an annual average earning growth of 13.7% over the past 10 years. GuruFocus rated General Dynamics Corp. the business predictability rank of 4.5-star.

New Purchase: C.r. Bard Inc. (BCR)

Chris Shumway initiated holdings in C.r. Bard Inc.. His purchase prices were between $77.9 and $86.61, with an estimated average price of $82.51. The impact to his portfolio due to this purchase was 1.13%. His holdings were 1,022,908 shares as of 03/31/2010.

C.R. Bard, Inc. is one of the worldwide leaders in developing, manufacturing, and supplying healthcare products that focus on Vascular, Urology, and Oncology Disease States. C.r. Bard Inc. has a market cap of $7.96 billion; its shares were traded at around $82.99 with a P/E ratio of 16.1 and P/S ratio of 3.2. The dividend yield of C.r. Bard Inc. stocks is 0.8%. C.r. Bard Inc. had an annual average earning growth of 14.8% over the past 10 years. GuruFocus rated C.r. Bard Inc. the business predictability rank of 4.5-star.

New Purchase: Staples Inc. (SPLS)

Chris Shumway initiated holdings in Staples Inc.. His purchase prices were between $22.56 and $25.93, with an estimated average price of $24.21. The impact to his portfolio due to this purchase was 0.95%. His holdings were 3,202,179 shares as of 03/31/2010.

Staples.com is creating a business-to-business electronic marketplace offering a comprehensive solution for all of the officeneeds of business customers. Staples Inc. has a market cap of $15.72 billion; its shares were traded at around $21.54 with a P/E ratio of 18.7 and P/S ratio of 0.7. The dividend yield of Staples Inc. stocks is 1.6%. Staples Inc. had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated Staples Inc. the business predictability rank of 3.5-star.

New Purchase: Liberty Global Inc. (LBTYA)

Chris Shumway initiated holdings in Liberty Global Inc.. His purchase prices were between $21.89 and $29.17, with an estimated average price of $25.83. The impact to his portfolio due to this purchase was 0.85%. His holdings were 2,283,413 shares as of 03/31/2010.

Liberty Global owns interests primarily in broadband distribution and content companies operating outside the continental U. Liberty Global Inc. has a market cap of $6.65 billion; its shares were traded at around $24.82 with a P/E ratio of 37.1 and P/S ratio of 0.6. Liberty Global Inc. had an annual average earning growth of 52.3% over the past 5 years.

New Purchase: Cme Group Inc Cl A (CME)

Chris Shumway initiated holdings in Cme Group Inc Cl A. His purchase prices were between $269.29 and $349.32, with an estimated average price of $309.55. The impact to his portfolio due to this purchase was 0.78%. His holdings were 193,870 shares as of 03/31/2010.

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 Cl A has a market cap of $20.53 billion; its shares were traded at around $310.69 with a P/E ratio of 22.7 and P/S ratio of 7.9. The dividend yield of Cme Group Inc Cl A stocks is 1.5%.

New Purchase: Comcast Corp. Special (CMCSK)

Chris Shumway initiated holdings in Comcast Corp. Special. His purchase prices were between $14.48 and $17.88, with an estimated average price of $15.9. The impact to his portfolio due to this purchase was 0.71%. His holdings were 3,086,285 shares as of 03/31/2010.

Comcast Corporation is principally involved in the development, management and operation of broadband cable networks, and in the provision of electronic commerce and programming content. Comcast Corp. Special has a market cap of $48.94 billion; its shares were traded at around $16.77 with and P/S ratio of 1.4. The dividend yield of Comcast Corp. Special stocks is 2.2%. Comcast Corp. Special had an annual average earning growth of 14.6% over the past 10 years.

New Purchase: Td Ameritrade Holding Corp. (AMTD)

Chris Shumway initiated holdings in Td Ameritrade Holding Corp.. His purchase prices were between $16.6 and $20.01, with an estimated average price of $17.64. The impact to his portfolio due to this purchase was 0.69%. His holdings were 2,840,897 shares as of 03/31/2010.

TD Ameritrade Holding Corporation has a servicing self-directed investors through its brokerage subsidiaries. Td Ameritrade Holding Corp. has a market cap of $10.85 billion; its shares were traded at around $18.41 with a P/E ratio of 17.4 and P/S ratio of 4.4.

New Purchase: Illumina Inc. (ILMN)

Chris Shumway 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 0.64%. His holdings were 1,282,697 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 $4.91 billion; its shares were traded at around $40.58 with a P/E ratio of 53.4 and P/S ratio of 7.4.

New Purchase: Lowe's Companies Inc. (LOW)

Chris Shumway initiated holdings in Lowe's Companies Inc.. His purchase prices were between $21.59 and $25.16, with an estimated average price of $23.33. The impact to his portfolio due to this purchase was 0.58%. His holdings were 1,864,607 shares as of 03/31/2010.

Lowe's Companies Inc. is a retailer of home improvement products in the world, with specific emphasis on retail do-it-yourself and commercial business customers. Lowe's Companies Inc. has a market cap of $35.82 billion; its shares were traded at around $24.82 with a P/E ratio of 20.1 and P/S ratio of 0.8. The dividend yield of Lowe's Companies Inc. stocks is 1.4%. Lowe's Companies Inc. had an annual average earning growth of 11.8% over the past 10 years.

New Purchase: Discovery Communications, Inc (DISCA)

Chris Shumway initiated holdings in Discovery Communications, Inc. His purchase prices were between $27.88 and $34.24, with an estimated average price of $31.38. The impact to his portfolio due to this purchase was 0.57%. His holdings were 1,334,761 shares as of 03/31/2010.

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 has a market cap of $10.5 billion; its shares were traded at around $37.05 with a P/E ratio of 28.1 and P/S ratio of 3.

New Purchase: Cablevision Systems Corp. Ny Group (CVC)

Chris Shumway initiated holdings in Cablevision Systems Corp. Ny Group. His purchase prices were between $22.1 and $27.41, with an estimated average price of $24.77. The impact to his portfolio due to this purchase was 0.44%. His holdings were 1,440,499 shares as of 03/31/2010.

Cablevision Systems Corp. is one of the nation's entertainment and telecommunications companies. Cablevision Systems Corp. Ny Group has a market cap of $7.18 billion; its shares were traded at around $23.76 with a P/E ratio of 18.7 and P/S ratio of 1. The dividend yield of Cablevision Systems Corp. Ny Group stocks is 2.1%. Cablevision Systems Corp. Ny Group had an annual average earning growth of 6.8% over the past 10 years.

New Purchase: The Hartford Financial Services Group In (HIG)

Chris Shumway initiated holdings in The Hartford Financial Services Group In. His purchase prices were between $22.34 and $28.58, with an estimated average price of $25.64. The impact to his portfolio due to this purchase was 0.36%. His holdings were 1,000,000 shares as of 03/31/2010.

Hartford Financial Services is one of the nation's largest investment and insurance companies, offers a complete line of insurance and financial service products to customers all over the world. The Hartford Financial Services Group In has a market cap of $11.09 billion; its shares were traded at around $25.42 with a P/E ratio of 5 and P/S ratio of 0.5. The dividend yield of The Hartford Financial Services Group In stocks is 0.8%.

New Purchase: Sigmaaldrich Corp. (SIAL)

Chris Shumway initiated holdings in Sigmaaldrich Corp.. His purchase prices were between $46.79 and $54.9, with an estimated average price of $50.77. The impact to his portfolio due to this purchase was 0.29%. His holdings were 426,000 shares as of 03/31/2010.

Sigma-Aldrich Corporation develops, manufactures and distributes the broadest range of high quality biochemicals, organic chemicals, chromatography products and diagnostic reagents available in the world. Sigmaaldrich Corp. has a market cap of $6.45 billion; its shares were traded at around $53.22 with a P/E ratio of 18 and P/S ratio of 3. The dividend yield of Sigmaaldrich Corp. stocks is 1.2%. Sigmaaldrich Corp. had an annual average earning growth of 13.5% over the past 10 years. GuruFocus rated Sigmaaldrich Corp. the business predictability rank of 5-star.

New Purchase: Waters Corp. (WAT)

Chris Shumway initiated holdings in Waters Corp.. 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 0.29%. His holdings were 334,917 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 $6.23 billion; its shares were traded at around $66.61 with a P/E ratio of 19 and P/S ratio of 4.2. 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.

New Purchase: Annaly Capital Management Inc. (NLY)

Chris Shumway initiated holdings in Annaly Capital Management Inc.. His purchase prices were between $17.05 and $18.7, with an estimated average price of $17.76. The impact to his portfolio due to this purchase was 0.26%. His holdings were 1,204,039 shares as of 03/31/2010.

Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs) and agency callable debentures. Annaly Capital Management Inc. has a market cap of $8.75 billion; its shares were traded at around $15.82 with a P/E ratio of 5.9 and P/S ratio of 2.6. The dividend yield of Annaly Capital Management Inc. stocks is 16.4%. Annaly Capital Management Inc. had an annual average earning growth of 0.5% over the past 10 years.

New Purchase: Credit Suisse Group (CS)

Chris Shumway initiated holdings in Credit Suisse Group. His purchase prices were between $40.29 and $54.57, with an estimated average price of $47.78. The impact to his portfolio due to this purchase was 0.17%. His holdings were 265,818 shares as of 03/31/2010.

CREDIT SUISSE GROUP and Winterthur offer investment products, private banking and financial advisory services, as well as insurance and pension solutions. Credit Suisse Group has a market cap of $47.88 billion; its shares were traded at around $40.38 with a P/E ratio of 8.8 and P/S ratio of 1.6. The dividend yield of Credit Suisse Group stocks is 2.9%. Credit Suisse Group had an annual average earning growth of 39.9% over the past 10 years.

New Purchase: Liberty Global Inc. Series C (LBTYK)

Chris Shumway initiated holdings in Liberty Global Inc. Series C. His purchase prices were between $21.86 and $28.8, with an estimated average price of $25.55. The impact to his portfolio due to this purchase was 0.08%. His holdings were 226,644 shares as of 03/31/2010.

Liberty Global Inc. Series C has a market cap of $31.82 billion; its shares were traded at around $24.81 .

New Purchase: Illinois Tool Works Inc. (ITW)

Chris Shumway initiated holdings in Illinois Tool Works Inc.. His purchase prices were between $42.25 and $49.95, with an estimated average price of $46.21. The impact to his portfolio due to this purchase was 0.06%. His holdings were 107,526 shares as of 03/31/2010.

Illinois Tool Works, Inc. manufactures and markets a variety of productsand systems that provide specific, problem-solving solutions for a diversecustomer base worldwide. Illinois Tool Works Inc. has a market cap of $23.87 billion; its shares were traded at around $47.5 with a P/E ratio of 21.3 and P/S ratio of 1.8. The dividend yield of Illinois Tool Works Inc. stocks is 2.6%. Illinois Tool Works Inc. had an annual average earning growth of 7.4% over the past 10 years.

Reduced: Omnicom Group Inc. (OMC)

Chris Shumway reduced to his holdings in Omnicom Group Inc. by 70.76%. His sale prices were between $34.54 and $39.88, with an estimated average price of $37.78. The impact to his portfolio due to this sale was -0.21%. Chris Shumway still held 580,282 shares as of 03/31/2010.

Omnicom Group Inc. provides corporate communications services to clients worldwide on a global, pan-regional, national and local basis. Omnicom Group Inc. has a market cap of $12.41 billion; its shares were traded at around $39.96 with a P/E ratio of 15.7 and P/S ratio of 1.1. The dividend yield of Omnicom Group Inc. stocks is 1.9%. Omnicom Group Inc. had an annual average earning growth of 18.2% over the past 10 years. GuruFocus rated Omnicom Group Inc. the business predictability rank of 3-star.

Reduced: Quest Diagnostics Inc. (DGX)

Chris Shumway reduced to his holdings in Quest Diagnostics Inc. by 22.88%. His sale prices were between $55 and $61.61, with an estimated average price of $57.57. The impact to his portfolio due to this sale was -0.24%. Chris Shumway still held 1,424,772 shares as of 03/31/2010.

Quest Diagnostics Inc., is the provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. Quest Diagnostics Inc. has a market cap of $9.71 billion; its shares were traded at around $54.29 with a P/E ratio of 14 and P/S ratio of 1.3. The dividend yield of Quest Diagnostics Inc. stocks is 0.7%. Quest Diagnostics Inc. had an annual average earning growth of 15.3% over the past 10 years. GuruFocus rated Quest Diagnostics Inc. the business predictability rank of 4-star.

Reduced: Ctrip.com International Ltd. (CTRP)

Chris Shumway reduced to his holdings in Ctrip.com International Ltd. by 76.83%. His sale prices were between $30.1575 and $40.68, with an estimated average price of $35.88. The impact to his portfolio due to this sale was -0.3%. Chris Shumway still held 784,096 shares as of 03/31/2010.

Ctrip.com International, Ltd. is a travel service provider of hotel accommodations, airline tickets and packaged-tours in China. Ctrip.com International Ltd. has a market cap of $5.4 billion; its shares were traded at around $38 with a P/E ratio of 50.7 and P/S ratio of 17.3. Ctrip.com International Ltd. had an annual average earning growth of 7.8% over the past 5 years.

Reduced: Urban Outfitters Inc. (URBN)

Chris Shumway reduced to his holdings in Urban Outfitters Inc. by 57.87%. His sale prices were between $30.52 and $38.13, with an estimated average price of $33.65. The impact to his portfolio due to this sale was -0.34%. Chris Shumway still held 1,215,679 shares as of 03/31/2010.

Urban Outfitters, Inc. operates two business segments consisting of a lifestyle-oriented general merchandise retailing segment and a wholesale apparel business. Urban Outfitters Inc. has a market cap of $5.97 billion; its shares were traded at around $35.35 with a P/E ratio of 25 and P/S ratio of 3. Urban Outfitters Inc. had an annual average earning growth of 36% over the past 10 years. GuruFocus rated Urban Outfitters Inc. the business predictability rank of 4.5-star.

Reduced: The Gap Inc. (GPS)

Chris Shumway reduced to his holdings in The Gap Inc. by 41.89%. His sale prices were between $18.86 and $23.42, with an estimated average price of $20.92. The impact to his portfolio due to this sale was -0.49%. Chris Shumway still held 3,950,653 shares as of 03/31/2010.

The Gap, Inc. is a global specialty retailer which operates stores selling casual apparel, personal care and other accessories for men, women and children under the Gap, Banana Republic and Old Navy brands. The Gap Inc. has a market cap of $14.91 billion; its shares were traded at around $22.34 with a P/E ratio of 14 and P/S ratio of 1.1. The dividend yield of The Gap Inc. stocks is 1.7%. The Gap Inc. had an annual average earning growth of 10.7% over the past 10 years. GuruFocus rated The Gap Inc. the business predictability rank of 2-star.

Reduced: St. Jude Medical Inc. (STJ)

Chris Shumway reduced to his holdings in St. Jude Medical Inc. by 54.83%. His sale prices were between $36.78 and $41.26, with an estimated average price of $38.66. The impact to his portfolio due to this sale was -0.51%. Chris Shumway still held 1,775,573 shares as of 03/31/2010.

St. Jude Medical, Inc. is dedicated to making life better for cardiac, neurological and chronic pain patients worldwide through excellence in medical device technology and services. St. Jude Medical Inc. has a market cap of $12.5 billion; its shares were traded at around $38.4 with a P/E ratio of 14.7 and P/S ratio of 2.7. St. Jude Medical Inc. had an annual average earning growth of 17.6% over the past 10 years. GuruFocus rated St. Jude Medical Inc. the business predictability rank of 5-star.

Reduced: Visa Inc. (V)

Chris Shumway reduced to his holdings in Visa Inc. by 22.62%. His sale prices were between $81.15 and $93.25, with an estimated average price of $86.92. The impact to his portfolio due to this sale was -0.56%. Chris Shumway still held 2,144,104 shares as of 03/31/2010.

VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa Inc. has a market cap of $61.46 billion; its shares were traded at around $72.97 with a P/E ratio of 21.7 and P/S ratio of 8.8. The dividend yield of Visa Inc. stocks is 0.7%.

Reduced: Juniper Networks Inc. (JNPR)

Chris Shumway reduced to his holdings in Juniper Networks Inc. by 62.42%. His sale prices were between $24.49 and $30.88, with an estimated average price of $27.4. The impact to his portfolio due to this sale was -0.56%. Chris Shumway still held 2,307,923 shares as of 03/31/2010.

Juniper Networks Inc. is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet. Juniper Networks Inc. has a market cap of $14 billion; its shares were traded at around $26.87 with a P/E ratio of 34 and P/S ratio of 4.2.

Sold Out: Research In Motion Ltd. (RIMM)

Chris Shumway sold out his holdings in Research In Motion Ltd.. His sale prices were between $61.41 and $75.938, with an estimated average price of $69.06.

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 $36.12 billion; its shares were traded at around $64.79 with a P/E ratio of 14.8 and P/S ratio of 2.5.

Sold Out: Monsanto Company (MON)

Chris Shumway sold out his holdings in Monsanto Company. His sale prices were between $70.65 and $86.65, with an estimated average price of $76.48.

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 Company has a market cap of $30.74 billion; its shares were traded at around $56.34 with a P/E ratio of 19.1 and P/S ratio of 2.6. The dividend yield of Monsanto Company stocks is 1.8%. Monsanto Company had an annual average earning growth of 18.2% over the past 10 years.

Sold Out: Aol Inc (AOL)

Chris Shumway sold out his holdings in Aol Inc. His sale prices were between $23.28 and $26.24, with an estimated average price of $24.85.

AOL Inc. is a global Web services company with an extensive suite of brands and offerings and a substantial worldwide audience. Aol Inc has a market cap of $2.42 billion; its shares were traded at around $22.75 with a P/E ratio of 8 and P/S ratio of 0.8.

Sold Out: Allstate Corp. The (ALL)

Chris Shumway sold out his holdings in Allstate Corp. The. His sale prices were between $28.36 and $32.26, with an estimated average price of $30.88.

Allstate Corporation's business is conducted principally throughAllstate Insurance Company, Allstate Life Insurance Company and theirsubsidiaries. Allstate Corp. The has a market cap of $16.84 billion; its shares were traded at around $31.38 with a P/E ratio of 9.4 and P/S ratio of 0.5. The dividend yield of Allstate Corp. The stocks is 2.5%. Allstate Corp. The had an annual average earning growth of 7.5% over the past 10 years.

Sold Out: Fifth Third Bancorp (FITB)

Chris Shumway sold out his holdings in Fifth Third Bancorp. His sale prices were between $9.75 and $13.7, with an estimated average price of $12.15.

Fifth Third Bancorp is a registered financial holding company and a multi-bank holding company. Fifth Third Bancorp has a market cap of $10.57 billion; its shares were traded at around $13.3 with and P/S ratio of 1.2. The dividend yield of Fifth Third Bancorp stocks is 0.3%.

Sold Out: Memc Electronic Materials Inc. (WFR)

Chris Shumway sold out his holdings in Memc Electronic Materials Inc.. His sale prices were between $11.6 and $15.51, with an estimated average price of $13.5.

MEMC Electronic Materials, Inc. is a global producer of polysilicon and silicon wafers. Memc Electronic Materials Inc. has a market cap of $2.54 billion; its shares were traded at around $11.15 with and P/S ratio of 2.2.

Sold Out: Radioshack Corp. (RSH)

Chris Shumway sold out his holdings in Radioshack Corp.. His sale prices were between $18.59 and $23.65, with an estimated average price of $20.79.

RadioShack Corporation is one of the nation's largest and most trusted consumer electronics retailers in the United States, and offers both on- and off-line shopping convenience. Radioshack Corp. has a market cap of $2.42 billion; its shares were traded at around $19.36 with a P/E ratio of 11.5 and P/S ratio of 0.6. The dividend yield of Radioshack Corp. stocks is 1.3%.

Sold Out: Cvs Caremark Corp. (CVS)

Chris Shumway sold out his holdings in Cvs Caremark Corp.. His sale prices were between $31.07 and $37.07, with an estimated average price of $33.96.

CVS/Caremark is the nation's premier integrated pharmacy services provider, combining one of the nation's pharmaceutical services companies with the country's largest pharmacy chain. Cvs Caremark Corp. has a market cap of $48.53 billion; its shares were traded at around $34.95 with a P/E ratio of 13 and P/S ratio of 0.5. The dividend yield of Cvs Caremark Corp. stocks is 1%. Cvs Caremark Corp. had an annual average earning growth of 12.4% over the past 10 years. GuruFocus rated Cvs Caremark Corp. the business predictability rank of 4.5-star.

Sold Out: Qualcomm Inc. (QCOM)

Chris Shumway sold out his holdings in Qualcomm Inc.. His sale prices were between $35.56 and $49.47, with an estimated average price of $41.83.

QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. Qualcomm Inc. has a market cap of $61.26 billion; its shares were traded at around $36.45 with a P/E ratio of 19 and P/S ratio of 5.9. The dividend yield of Qualcomm Inc. stocks is 1.8%.

Sold Out: Colgatepalmolive Company (CL)

Chris Shumway sold out his holdings in Colgatepalmolive Company. His sale prices were between $79.07 and $85.46, with an estimated average price of $82.23.

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 $40.44 billion; its shares were traded at around $82.15 with a P/E ratio of 17.9 and P/S ratio of 2.7. The dividend yield of Colgatepalmolive Company stocks is 2.5%. 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.

Sold Out: Brocade Communications Systems, Inc. (BRCD)

Chris Shumway sold out his holdings in Brocade Communications Systems, Inc.. His sale prices were between $5.36 and $7.95, with an estimated average price of $6.59.

Brocade Communications Systems, Inc. delivers industry-platforms, solutions, and services for intelligently connecting, managing, and optimizing IT resources in shared storage environments. Brocade Communications Systems, Inc. has a market cap of $2.69 billion; its shares were traded at around $6.06 with a P/E ratio of 19.5 and P/S ratio of 1.4. Brocade Communications Systems, Inc. had an annual average earning growth of 3.8% over the past 10 years. GuruFocus rated Brocade Communications Systems, Inc. the business predictability rank of 2-star.

Sold Out: Freeportmcmoran Copper & Gold Inc. (FCX)

Chris Shumway sold out his holdings in Freeportmcmoran Copper & Gold Inc.. His sale prices were between $66.69 and $88.1, with an estimated average price of $78.06.

Freeport-McMoRan is engaged in mineral exploration and development, mining and milling of copper, gold, and silver in Indonesia, and the smelting and refining of copper concentrates in Spain and Indonesia. Freeportmcmoran Copper & Gold Inc. has a market cap of $29.14 billion; its shares were traded at around $67.69 with a P/E ratio of 8.7 and P/S ratio of 1.9. The dividend yield of Freeportmcmoran Copper & Gold Inc. stocks is 0.9%.

Sold Out: Emc Corp. (EMC)

Chris Shumway sold out his holdings in Emc Corp.. His sale prices were between $16.63 and $18.94, with an estimated average price of $17.76.

EMC Corporation and its subsidiaries design, manufacture, market and support a wide range of hardware and software products and provide services for the storage, management, protection and sharing ofelectronic information. Emc Corp. has a market cap of $37.3 billion; its shares were traded at around $18.2 with a P/E ratio of 24.3 and P/S ratio of 2.7.