John Paulson is currently one of the most successful hedge fund managers. He founded Paulson & Co. in 1994. However, it is only recently that he came into the spotlight. In 2007, he gained popularity for his bets against the subprime mortgages. He made $4 billion during the year owing to his bets. He again proved his talent by betting on gold and making another $5 billion in 2010. A few months back, we wrote an article that presented views of Paulson and George Soros regarding size and return.
Here is the list of 10 stocks which both Soros and Paulson currently own:
Comcast (NASDAQ:CMCSA) is a provider of consumer entertainment, information, and communication products and services. As of June, Paulson has $514 million invested in the company while Soros has $42 million invested. Since the end of June, Comcast lost 18%.
Liberty Media (LINTA) is a large distributor of cable and satellite TV entertainment, and other programming such as Discovery Channel and Encore. As of June, Paulson has $167 million invested in Liberty Media. Soros has shares of Liberty Media which are worth $30.5 million. Since the end of the second quarter, the company lost 11%.
Alpha Natural Resources (ANR) is among the leading producers of coal in America. Soros Fund Management owns $15.9 million worth of Alpha Natural Resources and Paulson has $154.4 invested in the company. Since the end of June, Alpha Natural Resources has lost 33%.
Teradata (NYSE:TDC) is a leading international vendor of enterprise analytic technologies and services which specializes in data warehousing and analytic applications. Paulson owns shares of Teradata worth $87.2 million and Soros Fund Management has shares of Teradata worth $12.34 million. Since the end of June, Teradata’s stock price has decreased by 17%
Spdr Gold Trust (NYSEARCA:GLD) is the largest holding of Paulson’s 13F portfolio. As of June, he has $4.5 billion invested in GLD. It constitutes 15.82% of Paulson’s 13F portfolio. Paulson also has the highest stake in GLD. Soros has a minor $6.2 million invested in GLD which he has been reducing during the past few months. Since the end of June, GLD has gained 25%.
Baxter International (NYSE:BAX) – Since the end of June, the share price of Baxter International has decreased by 9%. Baxter International belongs to the healthcare sector. This American healthcare company focuses on children, health education, and coincidentally healthcare. Soros has $3.4 million invested in Baxter while Paulson has invested $456.6 million.
Medicis Pharmaceutical (MRX) specializes in development and marketing of dermatological and aesthetic treatments within the US. Paulson has $26.7 million invested in the company while Soros Fund Management has shares of Medicis Pharmaceutical worth $2.9 million. Since the end of June, the company has not had much change in its share price.
Hewlett Packard (NYSE:HPQ) is a prominent global provider of technologies, software, and IT solutions. HP is among Paulson’s top 10 equity holdings. Paulson owns $855.4 million worth of HP shares. Soros has $2.88 million invested in HP. Since the end of June, the company lost 35%.
Netapp (NASDAQ:NTAP), formerly known as Network Appliance, provides storage and data management solutions to businesses. The company lost 33% since the end of June. Soros owns $2.76 million worth of Netapp stocks while Paulson owns shares of the company worth $51 million.
Citigroup Inc (NYSE:C) is currently one of the most popular stocks. A lot of prominent hedge fund managers are bullish about the company. These include Bruce Berkowitz, Bill Ackman, and Lee Ainslie. Despite the bullish position of famous hedge fund managers, Citigroup has lost 33% since the end of June. Soros has $2.6 million invested in the company while Paulson owns $1.39 billion worth of Citigroup shares. Citigroup is Paulson’s third largest holding.
Disclosure: I am long C, physical gold.