John Paulson: Top Stock Holdings in the Services Sector

Following is information regarding Paulson & Co’s top holdings in the Services sector for the quarter ending September 30th, 2011.

  • MGM Resorts International (NYSE:MGM): On 6/30/11 Paulson & Co. reported holding 41,700,000 shares with a market value of $550,857,002. This comprised 2.01% of the total portfolio. On 9/30/11, Paulson & Co. held 40,739,500 shares with a market value of $378,469,953. This comprised 1.96% of the total portfolio. The net change in shares for this position over the two quarters is -960,500. About the company: MGM Resorts International operates gaming, hospitality and entertainment resorts. The Company owns properties in Nevada, Mississippi and Michigan in the United States; and owns interests in properties in Nevada and Illinois in the United States, and Macau. MGM Resorts also offers hospitality management services for casino and non-casino properties around the world.
  • Scripss Networks Interactive, Inc. (NYSE:SNI): On 6/30/11 Paulson & Co. reported holding 3,000,000 shares with a market value of $146,640,003. This comprised 0.54% of the total portfolio. On 9/30/11, Paulson & Co. held 4,500,000 shares with a market value of $167,264,992. This comprised 0.86% of the total portfolio. The net change in shares for this position over the two quarters is 1,500,000. About the company: Scripps Networks Interactive operates television and Internet businesses. The Company owns and operates lifestyle oriented cable television channels, Internet websites associated with the cable television channels, and Internet comparison shopping websites.
  • AMC Networks (AMCX): On 6/30/11 Paulson & Co. reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 9/30/11, Paulson & Co. held 5,000,000 shares with a market value of $159,750,004. This comprised 0.83% of the total portfolio. The net change in shares for this position over the two quarters is 5,000,000. About the company: AMC Networks Inc., formerly Rainbow Media Holdings, is engaged in producing programmes and movie content. The Company owns and operates a number of brands in cable television, including AMC, IFC, Sundance Channel, WE tv and IFC Films. The Company also operates AMC/Sundance Channel Global, an international programming business, and AMC Networks Broadcasting & Technology, a full-service network programming feed origination and distribution company. On June 30, 2011, the Company completed its spin-off from Cablevision Systems Corporation.
  • Family Dollar Stores, Inc (NYSE:FDO): On 6/30/11 Paulson & Co. reported holding 3,455,000 shares with a market value of $181,594,805. This comprised 0.66% of the total portfolio. On 9/30/11, Paulson & Co. held 2,476,000 shares with a market value of $125,929,362. This comprised 0.65% of the total portfolio. The net change in shares for this position over the two quarters is -979,000. About the company: Family Dollar Stores, Inc. is a national discount store chain. The Company operates stores located throughout the United States that offer merchandise that includes consumables, home products, apparel and accessories, seasonal and electronics.
  • CB Richard Ellis Group, Inc. (NYSE:CBG): On 6/30/11 Paulson & Co. reported holding 13,500,000 shares with a market value of $338,985,008. This comprised 1.24% of the total portfolio. On 9/30/11, Paulson & Co. held 8,450,000 shares with a market value of $113,737,000. This comprised 0.59% of the total portfolio. The net change in shares for this position over the two quarters is -5,050,000. About the company: CB Richard Ellis Group, Inc. is a global commercial real estate services firm. The Company offers a range of services to occupiers, owners, lenders, and investors in office, retail, industrial, multi-family, and other commercial real estate assets. CB Richard Ellis offer services such as advice and execution assistance for property leasing and sales, forecasting, and valuations.
  • Liberty Media Interactive (NASDAQ:LINTA): On 6/30/11 Paulson & Co. reported holding 10,000,000 shares with a market value of $167,700,005. This comprised 0.61% of the total portfolio. On 9/30/11, Paulson & Co. held 6,455,100 shares with a market value of $95,277,277. This comprised 0.49% of the total portfolio. The net change in shares for this position over the two quarters is -3,544,900. About the company: Liberty Media Corp – Interactive is a tracking stock issued by Liberty Media Corporation to track the performance of the Interactive group. The Interactive groups interests include home and Internet shopping online travel.
  • News Corp. (NASDAQ:NWSA): On 6/30/11 Paulson & Co. reported holding 10,400,000 shares with a market value of $184,080,008. This comprised 0.67% of the total portfolio. On 9/30/11, Paulson & Co. held 5,300,000 shares with a market value of $82,043,998. This comprised 0.42% of the total portfolio. The net change in shares for this position over the two quarters is -5,100,000. About the company: News Corporation is a diversified global media company. The Company’s operations include the production and distribution of motion pictures and television programming. The Company provides television, direct satellite, and cable broadcasting and the publication of newspapers, magazines, books and promotional inserts.
  • Vail Resorts, Inc. (NYSE:MTN): On 6/30/11 Paulson & Co. reported holding 2,239,924 shares with a market value of $103,529,290. This comprised 0.38% of the total portfolio. On 9/30/11, Paulson & Co. held 1,800,000 shares with a market value of $68,022,002. This comprised 0.35% of the total portfolio. The net change in shares for this position over the two quarters is -439,924. About the company: Vail Resorts, Inc. operates resorts in Colorado. The Company’s resorts include Vail Mountain, a ski mountain complex, and Beaver Creek Resort, a family oriented mountain resort. Vail Resorts also operates Breckenridge Mountain, a destination resort with apres-ski activities, and Keystone Resort, a year-round family vacation destination.
  • SL Green Realty Corp. (NYSE:SLG): On 6/30/11 Paulson & Co. reported holding 1,400,000 shares with a market value of $116,018,004. This comprised 0.42% of the total portfolio. On 9/30/11, Paulson & Co. held 820,000 shares with a market value of $47,683,001. This comprised 0.25% of the total portfolio. The net change in shares for this position over the two quarters is -580,000. About the company: SL Green Realty Corp. is a fully integrated, self-administered and self-managed real estate investment trust. The Trust is exclusively focused on owning and operating office buildings in Manhattan.
  • Paetec Holding Corp. (NASDAQ:PAET): On 6/30/11 Paulson & Co. reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 9/30/11, Paulson & Co. held 9,000,000 shares with a market value of $47,610,000. This comprised 0.25% of the total portfolio. The net change in shares for this position over the two quarters is 9,000,000. About the company: PAETEC Holding Corporation offers communications services to businesses. The Company offers medium and large businesses in metropolitan areas of the United States local and long distance voice services, data services, and Internet services.

(Note: Data regarding Paulson & Co’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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