Billionaire investor Charles Brandes has added significantly to his positions in financials. Is he seeing that things are tuning around? These are his buys and sells during the second quarter. Charles Brandes owns 201 stocks with a total value of $34.8 billion.
Charles Brandes buys TELMEX INTERNACIONAL SAB DE CV, Wachovia Corp., Nissan Motor Co. Ltd., KeyCorp, ScheringPlough Corp., Bank of America Corp., Regions Financial Corp., Pilgrim's Pride Corp., Fidelity National Financial Inc., FairPoint Communications Inc., SunTrust Banks Inc., King Pharmaceuticals Inc., Huntington Bancshares Inc., Honda Motor Co. Ltd., Stewart Information Services Corp., The Colonial BancGroup Inc., Bank of Montreal, Palomar Medical Technologies Inc., OfficeMax Inc., MI Developments Inc. Surbordinate, Sun Microsystems Inc., Mylan Laboratories Inc., sells BankUnited Financial Corp., Toll Brothers Inc., Scottish RE Group Ltd., The Ryland Group Inc., RentACenter Inc., Qimonda AG, Pier 1 Imports Inc., MGIC Investment Corp., Lowe's Companies Inc., Johnson & Johnson, JDS Uniphase Corp., Huntsman Corp., Flextronics International Ltd., Furniture Brands International Inc., Electronic Data Systems Corp., United Microelectronics Corp. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, Brandes Investment. Charles Brandes owns 201 stocks with a total value of $34.8 billion. These are the details of the buys and sells.
New Purchases: BAC, BMO, CNB, FNF, FRP, HBAN, HMC, JAVA, KEY, KG, MIM, MYL, NSANY, OMX, PMTI, PPC, RF, SGP, STC, STI, TII, WB,
Added Positions: AIG, AM, AXP, BBT, BBX, BC, BCS, BVF, C, CAR, CIT, COT, CTB, CTX, CYMI, DDS, ERIC, FNSR, FRE, KFS, LFG, MAS, MOT, NCC, NNI, NVS, PNX, RBS, SEH, SMRT, SNE, TDK, TMB, TRX-B, TU, WLK, WM, ZQK,
Reduced Positions: CBB, CLS, F, FSS, HIT, HRB, INTC, LSI, POL, SBS, SUP, T, TECUB, TMX, TV, UN, UTSI, VCI, VIV,
Sold Out: BKUNA, EDS, FBN, FLEX, HUN, JDSU, JNJ, LOW, MTG, PIR, QI, RCII, RYL, SKRRF, TOL, UMC,
For the details of Charles Brandes's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Charles+Brandes
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Charles Brandes buys TELMEX INTERNACIONAL SAB DE CV, Wachovia Corp., Nissan Motor Co. Ltd., KeyCorp, ScheringPlough Corp., Bank of America Corp., Regions Financial Corp., Pilgrim's Pride Corp., Fidelity National Financial Inc., FairPoint Communications Inc., SunTrust Banks Inc., King Pharmaceuticals Inc., Huntington Bancshares Inc., Honda Motor Co. Ltd., Stewart Information Services Corp., The Colonial BancGroup Inc., Bank of Montreal, Palomar Medical Technologies Inc., OfficeMax Inc., MI Developments Inc. Surbordinate, Sun Microsystems Inc., Mylan Laboratories Inc., sells BankUnited Financial Corp., Toll Brothers Inc., Scottish RE Group Ltd., The Ryland Group Inc., RentACenter Inc., Qimonda AG, Pier 1 Imports Inc., MGIC Investment Corp., Lowe's Companies Inc., Johnson & Johnson, JDS Uniphase Corp., Huntsman Corp., Flextronics International Ltd., Furniture Brands International Inc., Electronic Data Systems Corp., United Microelectronics Corp. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, Brandes Investment. Charles Brandes owns 201 stocks with a total value of $34.8 billion. These are the details of the buys and sells.
New Purchases: BAC, BMO, CNB, FNF, FRP, HBAN, HMC, JAVA, KEY, KG, MIM, MYL, NSANY, OMX, PMTI, PPC, RF, SGP, STC, STI, TII, WB,
Added Positions: AIG, AM, AXP, BBT, BBX, BC, BCS, BVF, C, CAR, CIT, COT, CTB, CTX, CYMI, DDS, ERIC, FNSR, FRE, KFS, LFG, MAS, MOT, NCC, NNI, NVS, PNX, RBS, SEH, SMRT, SNE, TDK, TMB, TRX-B, TU, WLK, WM, ZQK,
Reduced Positions: CBB, CLS, F, FSS, HIT, HRB, INTC, LSI, POL, SBS, SUP, T, TECUB, TMX, TV, UN, UTSI, VCI, VIV,
Sold Out: BKUNA, EDS, FBN, FLEX, HUN, JDSU, JNJ, LOW, MTG, PIR, QI, RCII, RYL, SKRRF, TOL, UMC,
For the details of Charles Brandes's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Charles+Brandes
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