10 More Top Stocks in John Paulson’s Portfolio
In our previous installment, we showed you an overview of Paulson & Co’s public equity holdings as of the last quarter of 2010. To review: John Paulson’s 13F filing for the quarter ending December 31st, 2010 values his fund’s common equity holdings at $27,693,669,000. As of March 15, 2011, this same portfolio is woth $27,459,509,704, a decline of 0.85% as compared to the S&P 500′s (NYSE:SPY) gain of 1.93%. Paulson has underperformed the market by about 2%.
Following is information on 10 more holdings in his portfolio:
- Bank of America (NYSE:BAC): Bank of America comprised 5.91% of Paulson’s $28 billion portfolio, with a year-end market value of $1,652,305,000. Bank of America Corporation accepts deposits and offer banking, investing, asset management, and other financial and risk-management products and services.
- Baxter International, Inc. (NYSE:BAX): Baxter International, Inc. comprised 0.91% of Paulson’s $28 billion portfolio, with a year-end market value of $253,100,000. Baxter International, Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious disorders, kidney disease, trauma and other chronic and acute medical conditions. The Company’s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors’ offices, and research laboratories.
- Beazer Homes USA Inc. (NYSE:BZH): Beazer Homes USA Inc. comprised 0.11% of Paulson’s $28 billion portfolio, with a year-end market value of $31,262,000. Beazer Homes USA, Inc. designs, builds, and sells single family homes in the Southeast, Southwest, and South Central regions of the United States. The Company’s homes are designed to appeal to entry-level and first move-up home buyers.
- Barrick Gold Corp (NYSE:ABX): Barrick Gold Corp comprised 0.08% of Paulson’s $28 billion portfolio, with a year-end market value of $21,272,000. Barrick Gold Corporation is an international gold company with operating mines and development projects in the United States, Canada, South America, Australia, and Africa.
- Blackrock Inc (NYSE:BLK): Blackrock Inc. comprised 1.36% of Paulson’s $28 billion portfolio, with a year-end market value of $381,160,000. BlackRock, Inc. provides diversified investment management services to institutional clients and to retail investors through various investment vehicles. The Company offers the BlackRock Funds and BlackRock Liquidity Funds, and also provides risk management services to fixed income institutional investors.
- BMC Software Inc (NASDAQ:BMC): BMC Software Inc comprised 0.27% of Paulson’s $28 billion portfolio, with a year-end market value of $75,424,000. BMC Software, Inc. provides management solutions for mainframe and distributed information technology systems. The Company’s portfolio of software solutions spans enterprise systems, applications, databases and IT process management. BMC also provides maintenance and support for its products and performs software implementation, integration and education services for its customers.
- Boise Inc. (NYSE:BZ): Boise Inc. comprised 0.03% of Paulson’s $28 billion portfolio, with a year-end market value of $8,391,000. Boise, Inc. manufactures paper and packaging. The Company produces copy, commercial printing, newsprint, premium and specialty papers, and market pulp; and corrugated containers and containerboard.
- Boston Scientific Corp. (NYSE:BSX): Boston Scientific Corp comprise 0.68% of Paulson’s $28 billion portfolio, with a year-end market value of $189,250,000. Boston Scientific Corporation develops, manufactures, and markets minimally invasive medical devices. The Company’s products are used in interventional cardiology, cardiac rhythm management, peripheral interventions, electrophysiology, neurovascular intervention, endoscopy, urology, gynecology and neuromodulation.
- Brocade Communication (NASDAQ:BRCD): Brocade Communication comprised 0.06% of Paulson’s $28 billion portfolio, with a year-end market value of $17,986,000. Brocade Communications Systems, Inc. provides switching solutions for storage area networks. The Company’s switching solutions utilize the fiber channel interconnect protocol. Brocade’s family of SilkWorm switches enables a company to manage growth of its data storage requirements, improve the data transfer performance, and increase the size of its SAN.