Wilbur Ross Top Holding: Assured Guaranty Ltd., Montpelier Re Holdings Ltd., International Coal Group Inc., MetroPCS Communications Inc., Satyam Computer Services Ltd.

Wilbur Ross Eyes at GMAC Mortgage Service Business.

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Jan 15, 2010
Wilbur Ross Eyes at GMAC Mortgage Service Business.

Billionaire investor Wilbur Ross talks with Bloomberg's Erik Schatzker and Deirdre Bolton about the investment appeal of GMAC Inc.'s mortgage-servicing business, Residential Capital. Ross, chairman and chief executive officer of WL Ross & Co., said it's "logical" to look at a possible purchase of the unit. Ross also discusses the U.S. housing market and his firm's purchase of Bank United Financial Corp. assets.



(Source: Bloomberg)


These are the top holdings of Wilbur Ross last time Wilbur Ross filed 13F with SEC:

No. 1: Assured Guaranty Ltd. (AGO, Financial), Weighting: 51.42% - 16,016,396 Shares

Assured Guaranty is a Bermuda-based holding company providing credit enhancement products to the municipal finance, structured finance and mortgage markets. Assured Guaranty Ltd. has a market cap of $4.26 billion; its shares were traded at around $23.58 with a P/E ratio of 29.5 and P/S ratio of 8.4. The dividend yield of Assured Guaranty Ltd. stocks is 0.8%.

No. 2: Montpelier Re Holdings Ltd. (MRH, Financial), Weighting: 18.61% - 6,896,552 Shares

Montpelier Re Holdings Ltd., through its operating subsidiaries, is a a provider of global specialty property reinsurance products. Montpelier Re Holdings Ltd. has a market cap of $1.47 billion; its shares were traded at around $17.52 with a P/E ratio of 6.5 and P/S ratio of 2.7. The dividend yield of Montpelier Re Holdings Ltd. stocks is 2.1%.

ICG is a producer of coal in Northern and Central Appalachia and the Illinois Basin. ICG's mining operations and reserves are strategically located to serve utility, metallurgical and industrial customers throughout the Eastern United States. International Coal Group Inc. has a market cap of $639.7 million; its shares were traded at around $4.15 with a P/E ratio of 34.5 and P/S ratio of 0.6.

MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $2.2 billion; its shares were traded at around $6.23 with a P/E ratio of 12.3 and P/S ratio of 0.8.

Satyam Computer Services Limited is a provider of information technology services in India. Satyam Computer Services Ltd. has a market cap of $3.5 billion; its shares were traded at around $5.95 with and P/S ratio of 1.6. Satyam Computer Services Ltd. had an annual average earning growth of 32.4% over the past 5 years.

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