Hedge fund giant John Paulson just reported his second-quarter portfolio. Paulson made news lately again, but for bad news. His fund was said to have lost more than 30% this year. For his second quarter, he sold more stocks than bought. He bought more Wells Fargo but sold Bank of America. As of 06/30/2011, Paulson & Co. owns 99 stocks with a total value of $29.1 billion. These are the details of the buys and sells.
This is the portfolio chart of John Paulson. You can click on the legend of the chart to show/hide buys, sells or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
This is the sector weightings of his portfolio:
These are the top 5 holdings of John Paulson
Added: Wells Fargo & Co. (WFC, Financial)
John Paulson added to his holdings in Wells Fargo & Co. by 63.9%. His purchase prices were between $25.36 and $32.4, with an estimated average price of $28.41. The impact to his portfolio due to this purchase was 1.26%. His holdings were 33,600,000 shares as of 06/30/2011.
Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Co. has a market cap of $127.63 billion; its shares were traded at around $24.29 with a P/E ratio of 9.35 and P/S ratio of 1.37. The dividend yield of Wells Fargo & Co. stocks is 1.99%. Wells Fargo & Co. had an annual average earnings growth of 5.4% over the past 10 years.
Added: Ralcorp Holdings Inc. (RAH, Financial)
John Paulson added to his holdings in Ralcorp Holdings Inc. by 823%. His purchase prices were between $68.18 and $90.51, with an estimated average price of $81.98. The impact to his portfolio due to this purchase was 0.98%. His holdings were 3,692,000 shares as of 06/30/2011.
Ralcorp Holdings, Inc. is primarily engaged in the manufacturing, distribution and marketing of private label and branded ready-to-eat cereal products and snacks, branded and private label crackers and cookies, and branded baby food and juices. Ralcorp Holdings Inc. has a market cap of $4.35 billion; its shares were traded at around $78.18 with a P/E ratio of 15.49 and P/S ratio of 1.07. Ralcorp Holdings Inc. had an annual average earnings growth of 15.4% over the past 10 years. GuruFocus rated Ralcorp Holdings Inc. the business predictability rank of 3.5-star.
Added: Rocktenn Co. Cl A (RKT, Financial)
John Paulson added to his holdings in Rocktenn Co. Cl A by 343.78%. His purchase prices were between $62.66 and $77.62, with an estimated average price of $69.25. The impact to his portfolio due to this purchase was 0.78%. His holdings were 4,437,754 shares as of 06/30/2011.
RockTenn is one of North America?s manufacturers of paperboard, containerboard and consumer and corrugated packaging. Rocktenn Co. Cl A has a market cap of $2.06 billion; its shares were traded at around $52.32 with a P/E ratio of 9.97 and P/S ratio of 0.69. The dividend yield of Rocktenn Co. Cl A stocks is 1.53%. Rocktenn Co. Cl A had an annual average earnings growth of 17.8% over the past 10 years.
Added: Capital One Financial Corp. (COF, Financial)
John Paulson added to his holdings in Capital One Financial Corp. by 17.22%. His purchase prices were between $47.87 and $56.21, with an estimated average price of $52.07. The impact to his portfolio due to this purchase was 0.55%. His holdings were 21,100,000 shares as of 06/30/2011.
Capital One Financial is a holding company whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy. Capital One Financial Corp. has a market cap of $20.11 billion; its shares were traded at around $44.14 with a P/E ratio of 5.76 and P/S ratio of 1.05. The dividend yield of Capital One Financial Corp. stocks is 0.46%.
Added: Salix Pharmaceuticals Ltd. (SLXP, Financial)
John Paulson added to his holdings in Salix Pharmaceuticals Ltd. by 971.43%. His purchase prices were between $34.69 and $40.57, with an estimated average price of $37.85. The impact to his portfolio due to this purchase was 0.19%. His holdings were 1,500,000 shares as of 06/30/2011.
Salix Pharmaceuticals, Ltd. objective is to be a market-driven specialtypharmaceutical company focussed on the needs of physicians specializing ingastroenterology. Salix Pharmaceuticals Ltd. has a market cap of $1.81 billion; its shares were traded at around $30.08 with a P/E ratio of 22.81 and P/S ratio of 5.38.
Added: Medicis Pharmaceutical Corp. (MRX)
John Paulson added to his holdings in Medicis Pharmaceutical Corp. by 132.43%. His purchase prices were between $32.76 and $38.3, with an estimated average price of $36.21. The impact to his portfolio due to this purchase was 0.05%. His holdings were 700,000 shares as of 06/30/2011.
Medicis is an independent pharmaceutical company focusing exclusively on the treatment of dermatological conditions. Medicis Pharmaceutical Corp. has a market cap of $2.26 billion; its shares were traded at around $35.92 with a P/E ratio of 16.14 and P/S ratio of 3.23. The dividend yield of Medicis Pharmaceutical Corp. stocks is 0.87%.
New Purchase: Life Technologies Corp. (LIFE)
John Paulson initiated holdings in Life Technologies Corp.. His purchase prices were between $50.04 and $56.35, with an estimated average price of $53.12. The impact to his portfolio due to this purchase was 1.35%. His holdings were 7,520,000 shares as of 06/30/2011.
Life Technologies Corporation is a global biotechnology tools company. Life Technologies Corp. has a market cap of $6.87 billion; its shares were traded at around $38.63 with a P/E ratio of 10.95 and P/S ratio of 1.91. Life Technologies Corp. had an annual average earnings growth of 13.7% over the past 10 years. GuruFocus rated Life Technologies Corp. the business predictability rank of 3-star.
New Purchase: Southern Union Co. (SUG)
John Paulson initiated holdings in Southern Union Co.. His purchase prices were between $27.41 and $40.19, with an estimated average price of $29.98. The impact to his portfolio due to this purchase was 0.63%. His holdings were 4,530,000 shares as of 06/30/2011.
Southern Union is a natural gas utilities company whose principal line of business is the distribution of natural gas as a public utility through its operating divisions principally in Texas, Missouri, Florida, Pennsylvania, Rhode Island and Massachusetts. Southern Union Co. has a market cap of $5.12 billion; its shares were traded at around $41.68 with a P/E ratio of 22.18 and P/S ratio of 2.06. The dividend yield of Southern Union Co. stocks is 1.46%. Southern Union Co. had an annual average earnings growth of 22.4% over the past 10 years.
New Purchase: News Corp. (NWSA)
John Paulson initiated holdings in News Corp.. His purchase prices were between $16.05 and $18.34, with an estimated average price of $17.23. The impact to his portfolio due to this purchase was 0.63%. His holdings were 10,400,000 shares as of 06/30/2011.
NEWS CORPORATION is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other. News Corp. has a market cap of $29.67 billion; its shares were traded at around $16.19 with a P/E ratio of 13.87 and P/S ratio of 0.89. The dividend yield of News Corp. stocks is 0.92%.
New Purchase: Mosaic Company (MOS)
John Paulson initiated holdings in Mosaic Company. His purchase prices were between $59.32 and $82.56, with an estimated average price of $70.32. The impact to his portfolio due to this purchase was 0.52%. His holdings were 2,250,000 shares as of 06/30/2011.
The Mosaic Company is one of the world's producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic Company has a market cap of $17.87 billion; its shares were traded at around $64.46 with a P/E ratio of 14.89 and P/S ratio of 1.8. The dividend yield of Mosaic Company stocks is 0.31%. Mosaic Company had an annual average earnings growth of 45.9% over the past 5 years.
New Purchase: Tenet Healthcare Corp. (THC)
John Paulson initiated holdings in Tenet Healthcare Corp.. His purchase prices were between $5.91 and $7.63, with an estimated average price of $6.5. The impact to his portfolio due to this purchase was 0.43%. His holdings were 20,000,000 shares as of 06/30/2011.
Tenet Healthcare Corp. is an investor-owned health care services company. Tenet Healthcare Corp. has a market cap of $2.42 billion; its shares were traded at around $4.93 with a P/E ratio of 14.56 and P/S ratio of 0.26. Tenet Healthcare Corp. had an annual average earnings growth of 10.9% over the past 5 years.
New Purchase: Walter Energy Inc (WLT)
John Paulson initiated holdings in Walter Energy Inc. His purchase prices were between $105.59 and $141.17, with an estimated average price of $123.86. The impact to his portfolio due to this purchase was 0.4%. His holdings were 1,000,000 shares as of 06/30/2011.
Walter Energy, based in Tampa, Fla., formerly Walter Industries, Inc. Walter Energy Inc has a market cap of $5.08 billion; its shares were traded at around $78.69 with a P/E ratio of 9.51 and P/S ratio of 3.2. The dividend yield of Walter Energy Inc stocks is 0.61%. Walter Energy Inc had an annual average earnings growth of 1.9% over the past 10 years.
New Purchase: Grifols S.a. (GRFS)
John Paulson initiated holdings in Grifols S.a.. His purchase prices were between $6.92 and $7.65, with an estimated average price of $7.18. The impact to his portfolio due to this purchase was 0.37%. His holdings were 14,266,995 shares as of 06/30/2011.
Grifols, S.A., operates in the pharmaceutical-hospital sector engaged in the research, development and retailing of plasma derivates, products for intravenous therapy, clinical nutrition, diagnostic and hospital logistics systems. Grifols S.a. has a market cap of $3.01 billion; its shares were traded at around $7.01 .
New Purchase: Nyse Euronext (NYX)
John Paulson initiated holdings in Nyse Euronext. His purchase prices were between $31.87 and $41.55, with an estimated average price of $36.84. The impact to his portfolio due to this purchase was 0.35%. His holdings were 3,000,000 shares as of 06/30/2011.
NYSE Group, Inc. is a provider of securities listing, trading and market data products and services. Nyse Euronext has a market cap of $7.37 billion; its shares were traded at around $28.37 with a P/E ratio of 12.74 and P/S ratio of 1.67. The dividend yield of Nyse Euronext stocks is 4.26%.
New Purchase: Rlj Lodging Trust (RLJ)
John Paulson initiated holdings in Rlj Lodging Trust. His purchase prices were between $17.07 and $18.36, with an estimated average price of $17.86. The impact to his portfolio due to this purchase was 0.16%. His holdings were 2,750,000 shares as of 06/30/2011.
Rlj Lodging Trust has a market cap of $1.48 billion; its shares were traded at around $13.69 . The dividend yield of Rlj Lodging Trust stocks is 2.3%.
New Purchase: Agnicoeagle Mines Ltd. (AEM)
John Paulson initiated holdings in Agnicoeagle Mines Ltd.. His purchase prices were between $60.69 and $69.58, with an estimated average price of $64.1. The impact to his portfolio due to this purchase was 0.15%. His holdings were 700,000 shares as of 06/30/2011.
Agnico-Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico, and exploration and development activities in Canada, Finland, Mexico and the U. Agnicoeagle Mines Ltd. has a market cap of $10.57 billion; its shares were traded at around $62.9 with a P/E ratio of 44.66 and P/S ratio of 6.96. The dividend yield of Agnicoeagle Mines Ltd. stocks is 1.02%. Agnicoeagle Mines Ltd. had an annual average earnings growth of 31.1% over the past 10 years. GuruFocus rated Agnicoeagle Mines Ltd. the business predictability rank of 3.5-star.
New Purchase: State Bank Financial Corp.. (STBZ)
John Paulson initiated holdings in State Bank Financial Corp... His purchase prices were between $16.37 and $17.9, with an estimated average price of $16.89. The impact to his portfolio due to this purchase was 0.13%. His holdings were 2,325,000 shares as of 06/30/2011.
State Bank Financial Corporation through its subsidiary provides community banking services to individuals and businesses in the middle Georgia and metropolitan Atlanta markets. State Bank Financial Corp.. has a market cap of $432.75 million; its shares were traded at around $13.9 with and P/S ratio of 2.16.
Reduced: Bank Of America Corp. (BAC, Financial)
John Paulson reduced to his holdings in Bank Of America Corp. by 51.11%. His sale prices were between $10.5 and $13.72, with an estimated average price of $11.84. The impact to his portfolio due to this sale was -2.46%. John Paulson still held 60,444,779 shares as of 06/30/2011.
Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $72.86 billion; its shares were traded at around $7.25 with and P/S ratio of 0.54. The dividend yield of Bank Of America Corp. stocks is 0.56%.
Reduced: Alpha Natural Resources Inc. (ANR, Financial)
John Paulson reduced to his holdings in Alpha Natural Resources Inc. by 71.68%. His sale prices were between $40.98 and $60.47, with an estimated average price of $50.94. The impact to his portfolio due to this sale was -1.49%. John Paulson still held 3,398,234 shares as of 06/30/2011.
Alpha Natural Resources is a Central Appalachian coal producer that also has significant operations in Northern Appalachia. Alpha Natural Resources Inc. has a market cap of $3.9 billion; its shares were traded at around $31.41 with a P/E ratio of 13.11 and P/S ratio of 0.99. Alpha Natural Resources Inc. had an annual average earnings growth of 18.8% over the past 5 years.
Reduced: Comcast Corp. (CMCSA, Financial)
John Paulson reduced to his holdings in Comcast Corp. by 49.25%. His sale prices were between $23.44 and $26.68, with an estimated average price of $24.76. The impact to his portfolio due to this sale was -1.42%. John Paulson still held 20,300,000 shares as of 06/30/2011.
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 $57.09 billion; its shares were traded at around $20.59 with a P/E ratio of 14.33 and P/S ratio of 1.5. The dividend yield of Comcast Corp. stocks is 2.18%. Comcast Corp. had an annual average earnings growth of 21.4% over the past 10 years. GuruFocus rated Comcast Corp. the business predictability rank of 2-star.
Reduced: Transocean (RIG, Financial)
John Paulson reduced to his holdings in Transocean by 23.12%. His sale prices were between $59.81 and $80.99, with an estimated average price of $69.09. The impact to his portfolio due to this sale was -1.29%. John Paulson still held 18,810,000 shares as of 06/30/2011.
Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells. Transocean has a market cap of $17.77 billion; its shares were traded at around $53.77 with a P/E ratio of 16.85 and P/S ratio of 1.86. The dividend yield of Transocean stocks is 1.42%. Transocean had an annual average earnings growth of 12.7% over the past 10 years. GuruFocus rated Transocean the business predictability rank of 2.5-star.
Reduced: Anadarko Petroleum Corp. (APC, Financial)
John Paulson reduced to his holdings in Anadarko Petroleum Corp. by 21.29%. His sale prices were between $69.65 and $84.71, with an estimated average price of $76.17. The impact to his portfolio due to this sale was -1.08%. John Paulson still held 16,712,188 shares as of 06/30/2011.
Anadarko Petroleum Corporation is one of the world's largest independentoil and gas exploration and production companies. Anadarko Petroleum Corp. has a market cap of $35.68 billion; its shares were traded at around $73.37 with a P/E ratio of 30.26 and P/S ratio of 3.25. The dividend yield of Anadarko Petroleum Corp. stocks is 0.5%. Anadarko Petroleum Corp. had an annual average earnings growth of 8.5% over the past 10 years.
Reduced: Mylan Inc. (MYL, Financial)
John Paulson reduced to his holdings in Mylan Inc. by 44.46%. His sale prices were between $22.035 and $25.23, with an estimated average price of $23.51. The impact to his portfolio due to this sale was -0.79%. John Paulson still held 14,940,000 shares as of 06/30/2011.
Mylan Inc. is one of the world's quality generic and specialty pharmaceutical companies. Mylan Inc. has a market cap of $8.45 billion; its shares were traded at around $18.79 with a P/E ratio of 10.45 and P/S ratio of 1.55. Mylan Inc. had an annual average earnings growth of 25.7% over the past 10 years.
Reduced: Medtronic Inc. (MDT, Financial)
John Paulson reduced to his holdings in Medtronic Inc. by 47.58%. His sale prices were between $37.92 and $43.2, with an estimated average price of $40.31. The impact to his portfolio due to this sale was -0.51%. John Paulson still held 4,875,000 shares as of 06/30/2011.
Medtronic is the world's medical technology company, pioneeringdevice-based therapies that restore health, extend life and alleviate pain. Medtronic Inc. has a market cap of $33.46 billion; its shares were traded at around $31.18 with a P/E ratio of 9.33 and P/S ratio of 2.1. The dividend yield of Medtronic Inc. stocks is 3.08%. Medtronic Inc. had an annual average earnings growth of 10.1% over the past 10 years. GuruFocus rated Medtronic Inc. the business predictability rank of 4-star.
Reduced: Sunstone Hotel Investors Inc. (SHO)
John Paulson reduced to his holdings in Sunstone Hotel Investors Inc. by 26%. His sale prices were between $8.65 and $10.5, with an estimated average price of $9.67. The impact to his portfolio due to this sale was -0.04%. John Paulson still held 3,700,000 shares as of 06/30/2011.
Sunstone Hotel Investors, Inc. is a Southern California-based lodging real estate company that expects to qualify as a real estate investment trust for federal income tax purposes. Sunstone Hotel Investors Inc. has a market cap of $684.28 million; its shares were traded at around $5.93 with a P/E ratio of 8.15 and P/S ratio of 1.06.
Sold Out: International Paper Co. (IP)
John Paulson sold out his holdings in International Paper Co.. His sale prices were between $26.57 and $32.86, with an estimated average price of $29.96.
International Paper Co. is a global paper and forest products company thatis complemented by an extensive distribution system. International Paper Co. has a market cap of $11.17 billion; its shares were traded at around $25.53 with a P/E ratio of 8.16 and P/S ratio of 0.44. The dividend yield of International Paper Co. stocks is 4.11%. International Paper Co. had an annual average earnings growth of 3.3% over the past 10 years.
Sold Out: Kinross Gold Corp. (KGC)
John Paulson sold out his holdings in Kinross Gold Corp.. His sale prices were between $14.24 and $16.6, with an estimated average price of $15.34.
Kinross Gold Corporation is an entrepreneurial mining company which has become a million-ounce gold producer. Kinross Gold Corp. has a market cap of $17.72 billion; its shares were traded at around $15.59 with a P/E ratio of 23.64 and P/S ratio of 5.89. The dividend yield of Kinross Gold Corp. stocks is 0.64%. Kinross Gold Corp. had an annual average earnings growth of 10.9% over the past 10 years.
Sold Out: Anglogold Ashanti Ltd. 6.00% Mnd. Conv. Sub. Bonds (AU.PA)
John Paulson sold out his holdings in Anglogold Ashanti Ltd. 6.00% Mnd. Conv. Sub. Bonds. His sale prices were between $47.89 and $56.4, with an estimated average price of $52.52.
.
Sold Out: Boston Scientific Corp. (BSX)
John Paulson sold out his holdings in Boston Scientific Corp.. His sale prices were between $6.57 and $7.79, with an estimated average price of $7.05.
Boston Scientific Corporation is a worldwide developer, manufacturer and marketer of minimally invasive medical devices. Boston Scientific Corp. has a market cap of $9.8 billion; its shares were traded at around $6.35 with a P/E ratio of 11.45 and P/S ratio of 1.25. Boston Scientific Corp. had an annual average earnings growth of 2.1% over the past 10 years.
Sold Out: J.c. Penney Co. Inc. (JCP)
John Paulson sold out his holdings in J.c. Penney Co. Inc.. His sale prices were between $29.92 and $39.42, with an estimated average price of $35.94.
JCPenney is one of America's retailers, operating department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp. J.c. Penney Co. Inc. has a market cap of $5.66 billion; its shares were traded at around $26.83 with a P/E ratio of 16.29 and P/S ratio of 0.32. The dividend yield of J.c. Penney Co. Inc. stocks is 3.01%. J.c. Penney Co. Inc. had an annual average earnings growth of 19.1% over the past 10 years.
Sold Out: Cit Group Inc. (CIT)
John Paulson sold out his holdings in Cit Group Inc.. His sale prices were between $39.6 and $44.33, with an estimated average price of $42.38.
CIT Group Inc. is a bank holding company that provides financing and leasing capital for commercial companies throughout the world. Cit Group Inc. has a market cap of $6.95 billion; its shares were traded at around $35 with a P/E ratio of 30.96 and P/S ratio of 1.09.
Sold Out: Lorillard (LO)
John Paulson sold out his holdings in Lorillard. His sale prices were between $94.78 and $116.37, with an estimated average price of $106.38.
LORILLARD is the third largest manufacturer of cigarettes in the United States. Lorillard has a market cap of $14.6 billion; its shares were traded at around $100.58 with a P/E ratio of 13.9 and P/S ratio of 2.46. The dividend yield of Lorillard stocks is 5.12%.
Sold Out: Cooper Cos. (COO)
John Paulson sold out his holdings in Cooper Cos.. His sale prices were between $69.16 and $77.5, with an estimated average price of $73.94.
The Cooper Companies, Inc., through its principal subsidiaries, develops, manufactures and markets healthcare products. Cooper Cos. has a market cap of $3.31 billion; its shares were traded at around $70.87 with a P/E ratio of 18.45 and P/S ratio of 2.86. The dividend yield of Cooper Cos. stocks is 0.09%. Cooper Cos. had an annual average earnings growth of 5.5% over the past 10 years. GuruFocus rated Cooper Cos. the business predictability rank of 2.5-star.
Sold Out: St. Jude Medical Inc. (STJ)
John Paulson sold out his holdings in St. Jude Medical Inc.. His sale prices were between $46.3 and $53.61, with an estimated average price of $50.71.
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 $14.05 billion; its shares were traded at around $42.39 with a P/E ratio of 13.69 and P/S ratio of 2.72. The dividend yield of St. Jude Medical Inc. stocks is 1.97%. St. Jude Medical Inc. had an annual average earnings growth of 17.2% over the past 10 years. GuruFocus rated St. Jude Medical Inc. the business predictability rank of 5-star.
Sold Out: Seagate Technology (STX)
John Paulson sold out his holdings in Seagate Technology. His sale prices were between $14.25 and $18.22, with an estimated average price of $16.37.
Seagate Technology is the worldwide leader in the design, manufacture and marketing of hard disc drives, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. Seagate Technology has a market cap of $5.09 billion; its shares were traded at around $11.56 with a P/E ratio of 9.63 and P/S ratio of 0.46. The dividend yield of Seagate Technology stocks is 6.08%.
This is the portfolio chart of John Paulson. You can click on the legend of the chart to show/hide buys, sells or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
- New Purchases: LIFE, NWSA, SUG, MOS, THC, WLT, GRFS, NYX, RLJ, AEM, STBZ,
- Added Positions: WFC, RAH, RKT, COF, SLXP, MRX,
- Reduced Positions: BAC, ANR, CMCSA, RIG, APC, MYL, MDT, SHO, ACAS,
- Sold Out: IP, KGC, AU.PA, BSX, JCP, LO, CIT, COO, STJ, STX,
This is the sector weightings of his portfolio:
| Financials | 29.6% |
| Basic Materials | 14.5% |
| Oil & Gas | 8.6% |
| Consumer Services | 6.4% |
| Health Care | 6.3% |
| Not Assigned | 5.5% |
| Technology | 3.8% |
| Consumer Goods | 3% |
| Industrials | 1.5% |
| Utilities | 0.6% |
| Telecommunications | 0.1% |
These are the top 5 holdings of John Paulson
- SPDR Gold Trust (GLD) - 31,500,000 shares, 15.8272% of the total portfolio.
- AngloGold Ashanti Ltd. ADS (AU) - 39,935,382 shares, 5.7846% of the total portfolio. Shares reduced by 2.71%
- Citigroup Inc. (C) - 33,505,002 shares, 4.8013% of the total portfolio. Shares reduced by 18.82%
- Anadarko Petroleum Corp. (APC) - 16,712,188 shares, 4.4148% of the total portfolio. Shares reduced by 21.29%
- Transocean (RIG) - 18,810,000 shares, 4.1792% of the total portfolio. Shares reduced by 23.12%
Added: Wells Fargo & Co. (WFC, Financial)
John Paulson added to his holdings in Wells Fargo & Co. by 63.9%. His purchase prices were between $25.36 and $32.4, with an estimated average price of $28.41. The impact to his portfolio due to this purchase was 1.26%. His holdings were 33,600,000 shares as of 06/30/2011.
Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Co. has a market cap of $127.63 billion; its shares were traded at around $24.29 with a P/E ratio of 9.35 and P/S ratio of 1.37. The dividend yield of Wells Fargo & Co. stocks is 1.99%. Wells Fargo & Co. had an annual average earnings growth of 5.4% over the past 10 years.
Added: Ralcorp Holdings Inc. (RAH, Financial)
John Paulson added to his holdings in Ralcorp Holdings Inc. by 823%. His purchase prices were between $68.18 and $90.51, with an estimated average price of $81.98. The impact to his portfolio due to this purchase was 0.98%. His holdings were 3,692,000 shares as of 06/30/2011.
Ralcorp Holdings, Inc. is primarily engaged in the manufacturing, distribution and marketing of private label and branded ready-to-eat cereal products and snacks, branded and private label crackers and cookies, and branded baby food and juices. Ralcorp Holdings Inc. has a market cap of $4.35 billion; its shares were traded at around $78.18 with a P/E ratio of 15.49 and P/S ratio of 1.07. Ralcorp Holdings Inc. had an annual average earnings growth of 15.4% over the past 10 years. GuruFocus rated Ralcorp Holdings Inc. the business predictability rank of 3.5-star.
Added: Rocktenn Co. Cl A (RKT, Financial)
John Paulson added to his holdings in Rocktenn Co. Cl A by 343.78%. His purchase prices were between $62.66 and $77.62, with an estimated average price of $69.25. The impact to his portfolio due to this purchase was 0.78%. His holdings were 4,437,754 shares as of 06/30/2011.
RockTenn is one of North America?s manufacturers of paperboard, containerboard and consumer and corrugated packaging. Rocktenn Co. Cl A has a market cap of $2.06 billion; its shares were traded at around $52.32 with a P/E ratio of 9.97 and P/S ratio of 0.69. The dividend yield of Rocktenn Co. Cl A stocks is 1.53%. Rocktenn Co. Cl A had an annual average earnings growth of 17.8% over the past 10 years.
Added: Capital One Financial Corp. (COF, Financial)
John Paulson added to his holdings in Capital One Financial Corp. by 17.22%. His purchase prices were between $47.87 and $56.21, with an estimated average price of $52.07. The impact to his portfolio due to this purchase was 0.55%. His holdings were 21,100,000 shares as of 06/30/2011.
Capital One Financial is a holding company whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy. Capital One Financial Corp. has a market cap of $20.11 billion; its shares were traded at around $44.14 with a P/E ratio of 5.76 and P/S ratio of 1.05. The dividend yield of Capital One Financial Corp. stocks is 0.46%.
Added: Salix Pharmaceuticals Ltd. (SLXP, Financial)
John Paulson added to his holdings in Salix Pharmaceuticals Ltd. by 971.43%. His purchase prices were between $34.69 and $40.57, with an estimated average price of $37.85. The impact to his portfolio due to this purchase was 0.19%. His holdings were 1,500,000 shares as of 06/30/2011.
Salix Pharmaceuticals, Ltd. objective is to be a market-driven specialtypharmaceutical company focussed on the needs of physicians specializing ingastroenterology. Salix Pharmaceuticals Ltd. has a market cap of $1.81 billion; its shares were traded at around $30.08 with a P/E ratio of 22.81 and P/S ratio of 5.38.
Added: Medicis Pharmaceutical Corp. (MRX)
John Paulson added to his holdings in Medicis Pharmaceutical Corp. by 132.43%. His purchase prices were between $32.76 and $38.3, with an estimated average price of $36.21. The impact to his portfolio due to this purchase was 0.05%. His holdings were 700,000 shares as of 06/30/2011.
Medicis is an independent pharmaceutical company focusing exclusively on the treatment of dermatological conditions. Medicis Pharmaceutical Corp. has a market cap of $2.26 billion; its shares were traded at around $35.92 with a P/E ratio of 16.14 and P/S ratio of 3.23. The dividend yield of Medicis Pharmaceutical Corp. stocks is 0.87%.
New Purchase: Life Technologies Corp. (LIFE)
John Paulson initiated holdings in Life Technologies Corp.. His purchase prices were between $50.04 and $56.35, with an estimated average price of $53.12. The impact to his portfolio due to this purchase was 1.35%. His holdings were 7,520,000 shares as of 06/30/2011.
Life Technologies Corporation is a global biotechnology tools company. Life Technologies Corp. has a market cap of $6.87 billion; its shares were traded at around $38.63 with a P/E ratio of 10.95 and P/S ratio of 1.91. Life Technologies Corp. had an annual average earnings growth of 13.7% over the past 10 years. GuruFocus rated Life Technologies Corp. the business predictability rank of 3-star.
New Purchase: Southern Union Co. (SUG)
John Paulson initiated holdings in Southern Union Co.. His purchase prices were between $27.41 and $40.19, with an estimated average price of $29.98. The impact to his portfolio due to this purchase was 0.63%. His holdings were 4,530,000 shares as of 06/30/2011.
Southern Union is a natural gas utilities company whose principal line of business is the distribution of natural gas as a public utility through its operating divisions principally in Texas, Missouri, Florida, Pennsylvania, Rhode Island and Massachusetts. Southern Union Co. has a market cap of $5.12 billion; its shares were traded at around $41.68 with a P/E ratio of 22.18 and P/S ratio of 2.06. The dividend yield of Southern Union Co. stocks is 1.46%. Southern Union Co. had an annual average earnings growth of 22.4% over the past 10 years.
New Purchase: News Corp. (NWSA)
John Paulson initiated holdings in News Corp.. His purchase prices were between $16.05 and $18.34, with an estimated average price of $17.23. The impact to his portfolio due to this purchase was 0.63%. His holdings were 10,400,000 shares as of 06/30/2011.
NEWS CORPORATION is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other. News Corp. has a market cap of $29.67 billion; its shares were traded at around $16.19 with a P/E ratio of 13.87 and P/S ratio of 0.89. The dividend yield of News Corp. stocks is 0.92%.
New Purchase: Mosaic Company (MOS)
John Paulson initiated holdings in Mosaic Company. His purchase prices were between $59.32 and $82.56, with an estimated average price of $70.32. The impact to his portfolio due to this purchase was 0.52%. His holdings were 2,250,000 shares as of 06/30/2011.
The Mosaic Company is one of the world's producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic Company has a market cap of $17.87 billion; its shares were traded at around $64.46 with a P/E ratio of 14.89 and P/S ratio of 1.8. The dividend yield of Mosaic Company stocks is 0.31%. Mosaic Company had an annual average earnings growth of 45.9% over the past 5 years.
New Purchase: Tenet Healthcare Corp. (THC)
John Paulson initiated holdings in Tenet Healthcare Corp.. His purchase prices were between $5.91 and $7.63, with an estimated average price of $6.5. The impact to his portfolio due to this purchase was 0.43%. His holdings were 20,000,000 shares as of 06/30/2011.
Tenet Healthcare Corp. is an investor-owned health care services company. Tenet Healthcare Corp. has a market cap of $2.42 billion; its shares were traded at around $4.93 with a P/E ratio of 14.56 and P/S ratio of 0.26. Tenet Healthcare Corp. had an annual average earnings growth of 10.9% over the past 5 years.
New Purchase: Walter Energy Inc (WLT)
John Paulson initiated holdings in Walter Energy Inc. His purchase prices were between $105.59 and $141.17, with an estimated average price of $123.86. The impact to his portfolio due to this purchase was 0.4%. His holdings were 1,000,000 shares as of 06/30/2011.
Walter Energy, based in Tampa, Fla., formerly Walter Industries, Inc. Walter Energy Inc has a market cap of $5.08 billion; its shares were traded at around $78.69 with a P/E ratio of 9.51 and P/S ratio of 3.2. The dividend yield of Walter Energy Inc stocks is 0.61%. Walter Energy Inc had an annual average earnings growth of 1.9% over the past 10 years.
New Purchase: Grifols S.a. (GRFS)
John Paulson initiated holdings in Grifols S.a.. His purchase prices were between $6.92 and $7.65, with an estimated average price of $7.18. The impact to his portfolio due to this purchase was 0.37%. His holdings were 14,266,995 shares as of 06/30/2011.
Grifols, S.A., operates in the pharmaceutical-hospital sector engaged in the research, development and retailing of plasma derivates, products for intravenous therapy, clinical nutrition, diagnostic and hospital logistics systems. Grifols S.a. has a market cap of $3.01 billion; its shares were traded at around $7.01 .
New Purchase: Nyse Euronext (NYX)
John Paulson initiated holdings in Nyse Euronext. His purchase prices were between $31.87 and $41.55, with an estimated average price of $36.84. The impact to his portfolio due to this purchase was 0.35%. His holdings were 3,000,000 shares as of 06/30/2011.
NYSE Group, Inc. is a provider of securities listing, trading and market data products and services. Nyse Euronext has a market cap of $7.37 billion; its shares were traded at around $28.37 with a P/E ratio of 12.74 and P/S ratio of 1.67. The dividend yield of Nyse Euronext stocks is 4.26%.
New Purchase: Rlj Lodging Trust (RLJ)
John Paulson initiated holdings in Rlj Lodging Trust. His purchase prices were between $17.07 and $18.36, with an estimated average price of $17.86. The impact to his portfolio due to this purchase was 0.16%. His holdings were 2,750,000 shares as of 06/30/2011.
Rlj Lodging Trust has a market cap of $1.48 billion; its shares were traded at around $13.69 . The dividend yield of Rlj Lodging Trust stocks is 2.3%.
New Purchase: Agnicoeagle Mines Ltd. (AEM)
John Paulson initiated holdings in Agnicoeagle Mines Ltd.. His purchase prices were between $60.69 and $69.58, with an estimated average price of $64.1. The impact to his portfolio due to this purchase was 0.15%. His holdings were 700,000 shares as of 06/30/2011.
Agnico-Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico, and exploration and development activities in Canada, Finland, Mexico and the U. Agnicoeagle Mines Ltd. has a market cap of $10.57 billion; its shares were traded at around $62.9 with a P/E ratio of 44.66 and P/S ratio of 6.96. The dividend yield of Agnicoeagle Mines Ltd. stocks is 1.02%. Agnicoeagle Mines Ltd. had an annual average earnings growth of 31.1% over the past 10 years. GuruFocus rated Agnicoeagle Mines Ltd. the business predictability rank of 3.5-star.
New Purchase: State Bank Financial Corp.. (STBZ)
John Paulson initiated holdings in State Bank Financial Corp... His purchase prices were between $16.37 and $17.9, with an estimated average price of $16.89. The impact to his portfolio due to this purchase was 0.13%. His holdings were 2,325,000 shares as of 06/30/2011.
State Bank Financial Corporation through its subsidiary provides community banking services to individuals and businesses in the middle Georgia and metropolitan Atlanta markets. State Bank Financial Corp.. has a market cap of $432.75 million; its shares were traded at around $13.9 with and P/S ratio of 2.16.
Reduced: Bank Of America Corp. (BAC, Financial)
John Paulson reduced to his holdings in Bank Of America Corp. by 51.11%. His sale prices were between $10.5 and $13.72, with an estimated average price of $11.84. The impact to his portfolio due to this sale was -2.46%. John Paulson still held 60,444,779 shares as of 06/30/2011.
Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $72.86 billion; its shares were traded at around $7.25 with and P/S ratio of 0.54. The dividend yield of Bank Of America Corp. stocks is 0.56%.
Reduced: Alpha Natural Resources Inc. (ANR, Financial)
John Paulson reduced to his holdings in Alpha Natural Resources Inc. by 71.68%. His sale prices were between $40.98 and $60.47, with an estimated average price of $50.94. The impact to his portfolio due to this sale was -1.49%. John Paulson still held 3,398,234 shares as of 06/30/2011.
Alpha Natural Resources is a Central Appalachian coal producer that also has significant operations in Northern Appalachia. Alpha Natural Resources Inc. has a market cap of $3.9 billion; its shares were traded at around $31.41 with a P/E ratio of 13.11 and P/S ratio of 0.99. Alpha Natural Resources Inc. had an annual average earnings growth of 18.8% over the past 5 years.
Reduced: Comcast Corp. (CMCSA, Financial)
John Paulson reduced to his holdings in Comcast Corp. by 49.25%. His sale prices were between $23.44 and $26.68, with an estimated average price of $24.76. The impact to his portfolio due to this sale was -1.42%. John Paulson still held 20,300,000 shares as of 06/30/2011.
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 $57.09 billion; its shares were traded at around $20.59 with a P/E ratio of 14.33 and P/S ratio of 1.5. The dividend yield of Comcast Corp. stocks is 2.18%. Comcast Corp. had an annual average earnings growth of 21.4% over the past 10 years. GuruFocus rated Comcast Corp. the business predictability rank of 2-star.
Reduced: Transocean (RIG, Financial)
John Paulson reduced to his holdings in Transocean by 23.12%. His sale prices were between $59.81 and $80.99, with an estimated average price of $69.09. The impact to his portfolio due to this sale was -1.29%. John Paulson still held 18,810,000 shares as of 06/30/2011.
Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells. Transocean has a market cap of $17.77 billion; its shares were traded at around $53.77 with a P/E ratio of 16.85 and P/S ratio of 1.86. The dividend yield of Transocean stocks is 1.42%. Transocean had an annual average earnings growth of 12.7% over the past 10 years. GuruFocus rated Transocean the business predictability rank of 2.5-star.
Reduced: Anadarko Petroleum Corp. (APC, Financial)
John Paulson reduced to his holdings in Anadarko Petroleum Corp. by 21.29%. His sale prices were between $69.65 and $84.71, with an estimated average price of $76.17. The impact to his portfolio due to this sale was -1.08%. John Paulson still held 16,712,188 shares as of 06/30/2011.
Anadarko Petroleum Corporation is one of the world's largest independentoil and gas exploration and production companies. Anadarko Petroleum Corp. has a market cap of $35.68 billion; its shares were traded at around $73.37 with a P/E ratio of 30.26 and P/S ratio of 3.25. The dividend yield of Anadarko Petroleum Corp. stocks is 0.5%. Anadarko Petroleum Corp. had an annual average earnings growth of 8.5% over the past 10 years.
Reduced: Mylan Inc. (MYL, Financial)
John Paulson reduced to his holdings in Mylan Inc. by 44.46%. His sale prices were between $22.035 and $25.23, with an estimated average price of $23.51. The impact to his portfolio due to this sale was -0.79%. John Paulson still held 14,940,000 shares as of 06/30/2011.
Mylan Inc. is one of the world's quality generic and specialty pharmaceutical companies. Mylan Inc. has a market cap of $8.45 billion; its shares were traded at around $18.79 with a P/E ratio of 10.45 and P/S ratio of 1.55. Mylan Inc. had an annual average earnings growth of 25.7% over the past 10 years.
Reduced: Medtronic Inc. (MDT, Financial)
John Paulson reduced to his holdings in Medtronic Inc. by 47.58%. His sale prices were between $37.92 and $43.2, with an estimated average price of $40.31. The impact to his portfolio due to this sale was -0.51%. John Paulson still held 4,875,000 shares as of 06/30/2011.
Medtronic is the world's medical technology company, pioneeringdevice-based therapies that restore health, extend life and alleviate pain. Medtronic Inc. has a market cap of $33.46 billion; its shares were traded at around $31.18 with a P/E ratio of 9.33 and P/S ratio of 2.1. The dividend yield of Medtronic Inc. stocks is 3.08%. Medtronic Inc. had an annual average earnings growth of 10.1% over the past 10 years. GuruFocus rated Medtronic Inc. the business predictability rank of 4-star.
Reduced: Sunstone Hotel Investors Inc. (SHO)
John Paulson reduced to his holdings in Sunstone Hotel Investors Inc. by 26%. His sale prices were between $8.65 and $10.5, with an estimated average price of $9.67. The impact to his portfolio due to this sale was -0.04%. John Paulson still held 3,700,000 shares as of 06/30/2011.
Sunstone Hotel Investors, Inc. is a Southern California-based lodging real estate company that expects to qualify as a real estate investment trust for federal income tax purposes. Sunstone Hotel Investors Inc. has a market cap of $684.28 million; its shares were traded at around $5.93 with a P/E ratio of 8.15 and P/S ratio of 1.06.
Sold Out: International Paper Co. (IP)
John Paulson sold out his holdings in International Paper Co.. His sale prices were between $26.57 and $32.86, with an estimated average price of $29.96.
International Paper Co. is a global paper and forest products company thatis complemented by an extensive distribution system. International Paper Co. has a market cap of $11.17 billion; its shares were traded at around $25.53 with a P/E ratio of 8.16 and P/S ratio of 0.44. The dividend yield of International Paper Co. stocks is 4.11%. International Paper Co. had an annual average earnings growth of 3.3% over the past 10 years.
Sold Out: Kinross Gold Corp. (KGC)
John Paulson sold out his holdings in Kinross Gold Corp.. His sale prices were between $14.24 and $16.6, with an estimated average price of $15.34.
Kinross Gold Corporation is an entrepreneurial mining company which has become a million-ounce gold producer. Kinross Gold Corp. has a market cap of $17.72 billion; its shares were traded at around $15.59 with a P/E ratio of 23.64 and P/S ratio of 5.89. The dividend yield of Kinross Gold Corp. stocks is 0.64%. Kinross Gold Corp. had an annual average earnings growth of 10.9% over the past 10 years.
Sold Out: Anglogold Ashanti Ltd. 6.00% Mnd. Conv. Sub. Bonds (AU.PA)
John Paulson sold out his holdings in Anglogold Ashanti Ltd. 6.00% Mnd. Conv. Sub. Bonds. His sale prices were between $47.89 and $56.4, with an estimated average price of $52.52.
.
Sold Out: Boston Scientific Corp. (BSX)
John Paulson sold out his holdings in Boston Scientific Corp.. His sale prices were between $6.57 and $7.79, with an estimated average price of $7.05.
Boston Scientific Corporation is a worldwide developer, manufacturer and marketer of minimally invasive medical devices. Boston Scientific Corp. has a market cap of $9.8 billion; its shares were traded at around $6.35 with a P/E ratio of 11.45 and P/S ratio of 1.25. Boston Scientific Corp. had an annual average earnings growth of 2.1% over the past 10 years.
Sold Out: J.c. Penney Co. Inc. (JCP)
John Paulson sold out his holdings in J.c. Penney Co. Inc.. His sale prices were between $29.92 and $39.42, with an estimated average price of $35.94.
JCPenney is one of America's retailers, operating department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp. J.c. Penney Co. Inc. has a market cap of $5.66 billion; its shares were traded at around $26.83 with a P/E ratio of 16.29 and P/S ratio of 0.32. The dividend yield of J.c. Penney Co. Inc. stocks is 3.01%. J.c. Penney Co. Inc. had an annual average earnings growth of 19.1% over the past 10 years.
Sold Out: Cit Group Inc. (CIT)
John Paulson sold out his holdings in Cit Group Inc.. His sale prices were between $39.6 and $44.33, with an estimated average price of $42.38.
CIT Group Inc. is a bank holding company that provides financing and leasing capital for commercial companies throughout the world. Cit Group Inc. has a market cap of $6.95 billion; its shares were traded at around $35 with a P/E ratio of 30.96 and P/S ratio of 1.09.
Sold Out: Lorillard (LO)
John Paulson sold out his holdings in Lorillard. His sale prices were between $94.78 and $116.37, with an estimated average price of $106.38.
LORILLARD is the third largest manufacturer of cigarettes in the United States. Lorillard has a market cap of $14.6 billion; its shares were traded at around $100.58 with a P/E ratio of 13.9 and P/S ratio of 2.46. The dividend yield of Lorillard stocks is 5.12%.
Sold Out: Cooper Cos. (COO)
John Paulson sold out his holdings in Cooper Cos.. His sale prices were between $69.16 and $77.5, with an estimated average price of $73.94.
The Cooper Companies, Inc., through its principal subsidiaries, develops, manufactures and markets healthcare products. Cooper Cos. has a market cap of $3.31 billion; its shares were traded at around $70.87 with a P/E ratio of 18.45 and P/S ratio of 2.86. The dividend yield of Cooper Cos. stocks is 0.09%. Cooper Cos. had an annual average earnings growth of 5.5% over the past 10 years. GuruFocus rated Cooper Cos. the business predictability rank of 2.5-star.
Sold Out: St. Jude Medical Inc. (STJ)
John Paulson sold out his holdings in St. Jude Medical Inc.. His sale prices were between $46.3 and $53.61, with an estimated average price of $50.71.
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 $14.05 billion; its shares were traded at around $42.39 with a P/E ratio of 13.69 and P/S ratio of 2.72. The dividend yield of St. Jude Medical Inc. stocks is 1.97%. St. Jude Medical Inc. had an annual average earnings growth of 17.2% over the past 10 years. GuruFocus rated St. Jude Medical Inc. the business predictability rank of 5-star.
Sold Out: Seagate Technology (STX)
John Paulson sold out his holdings in Seagate Technology. His sale prices were between $14.25 and $18.22, with an estimated average price of $16.37.
Seagate Technology is the worldwide leader in the design, manufacture and marketing of hard disc drives, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. Seagate Technology has a market cap of $5.09 billion; its shares were traded at around $11.56 with a P/E ratio of 9.63 and P/S ratio of 0.46. The dividend yield of Seagate Technology stocks is 6.08%.
