This page has been archived and commenting is disabled.
Paulson Sells 10% Of BofA Stake, Increases Equity AUM From $23 To $30 Billion, Adds Numerous New Positions
The much anticipated Paulson & Co. 13F is out and there are quite a few changes. First, the total equity AUM has increased from $23 billion to $30 billion. Paulson is now bigger than many mutual funds: "nimble" unwinding should the market ever sell off again sure will be an amusing sight. After all, his top 10 positions, which amount to $16 billion, represented 55% of his entire equity AUM (of 102 names). While there are not many dispositions, most notable is the decline of Paulson's third biggest holding - Bank of America - by 10% from 137.8 million shares to 123.9 million. Also, as Zero Hedge speculated, Paulson reduced his holdings in Citi modestly, from 424 million shares to 413.5 million (it appears he was selling to Tepper). Otherwise the top two holdings, the GLD for the dollar denomination shares, and Anglogold, are still in first and second place. In terms of notable increases, Paulson added 7.9 million shares to his Anadarko stake (conceived in Q3), bringing the total to 21.3 million, making it his 5th largest position. Rounding out the top 10 are Hartford (a small decline), Suntrust (a 5 million share increase), Comcast (flat), Capital One (3 million shares added) and MGM (flat). Buffett fans will be delighted to learn that Paulson added 5 million shares to his Wells position, making it his 11th largest holding at $635 million. Those curious what other additions are in Paulson's portfolio can do so by looking at the green highlighted rows in the table below (also, the rightmost column shows increases in green and declines in red). As for complete dispositions, here is the list: Hewitt Associates, NBTY, Mariner Energy, Mirant, Burger King, General Growth Properties (Ackman will not be pleased), Airgas, Family Dollar, Starwood, Zymogenetics, Potash, Mead Johnson, Boyd Gaming, and Starwood Property Trust.
Full breakdown of holdings as of Dec. 31 (full green row highlight is new position).
»
- 8499 reads
- Printer-friendly version
- Send to friend
- advertisements -
I would pay 2% of my investment and 20% of my profits, annually no less, for some guy to buy GLD, AU and C for me. Yes I would!
That 2/20, coupled with his own personal investments in his funds netted Paulson the richest annual haul ever - $5 billion.
And his tax rate? ~15% like all the other masters of the universe, since most of their income falls under capital gains tax.
When you figure your taxes, if you pay more than 15% then you're paying more than Paulson, Cohen, Ackman and others. Good thing they got their tax break extensions this past year.
Trickle down economics..... we should see these tax breaks filter though our economy this next year.
*LOL*
The trickle down poverty of Obamanomics seems to work rather well though.
AU and AG up
the trickle-down theory has worked throughout history of businessmen forging new business and everyone benefits directly or indirectly... but this trickle-down theory isn't working reversing the system to actually suck from society using a ponzi scheme called the US Govt and a system called 'wealth transfer' of 'taxpayer bailouts' ...Bush and Obumma fuked it up big time
Hey William You Bastard! You are getting better as a troll...and that is bad news.
Nice job diverting attention from the real debate of this article, which is: If Buffet and Paulson are dumping Skank of Amerika (BAC), then shouldn't everybody else be running for the exits?
Rather, you drop in for a random, negative comment, against PMs.
In your troll world there is nothing to see here...don't sell your Spank of Amerika (BAC) shares and diversify into PMs because as Mr. Makey would say "that's bad, M'kay"
Here's a tune you might find useful for your next drive-by dissing of PMs: just replace the word "drugs" with "gold"
http://www.youtube.com/watch?v=RKvFb1AenG0
I will not feel any compassion for you whatsoever should the day come when you are giving hand jobs for silver (I'm quite sure you will never be able to give a hand job for gold).
A portfolio like that must be tough on a guy.
Buffett also got rid of Bank of Amerikka
BAC is higher now. Hehe
pride before a fall?
But what about SAC? They 13F'd, too!
Only SAC holdings that matter are the Phase 2/3 drugs. Pretty much a guaranteed Phase 3/NDA success if recent addition.
You'll never know w/o a 13d rental agreement
yahoo finance talking about buffett selling.
absurd.
Yes, I can see how Apfel is a drug. I really don't care, but Wanker does.
Dear God, please let it flame out tomorrow!!
Like OREX ;)
daily t/o of 300%. Is a 13f relevant there?
Geeze, he and Buffet really do seem to be scared of wikileaks. When do we get the info?
Paulson is overrated.
Real, patriotic, FED-supporter, meat-eating men invest in stocks nowadays.
Only rednecks living in Montana shacks invest in gold.
Same as it ever was.
It's true, but it always amazes me so much people fall into the precious metals hype.
These people will get their ass handed on a plate.
Pm's are a good way to save.
It helps to be diversified. some land, some stocks, some paper and some physical. A garden. some livestock. gravity feed water. Firewood for warmth. You know. Diversified.
gh
You save. I prefer to make money.
Yes, save and make money. Make money and save. My silver is up about 100% from where I bought it.
My stocks are up 300% the last 23 months.
gh shut your mouth!
Bull markets are where men are made.
Heheheheheheheh
I love Hamy and Harry - they are so funny!
'ass on a plate' - priceless... can't stop chuckling.
Sorry, Hamy, they are mining gold. Eat yer heart out.
Though, in western Montana, they could be going for opals.
Why are these 13Fs not showing increases in Apfel? Wanker have an explaination?
Apfel? Is that the smelly indonesian veggie?
Think it is putrid Chinee, but no 13Fs today had it. Very funny.
Except SAC, I believe. This cit always comes out after the first beer is popped.
Scumbag.
Tumor.
lol
nice pussy. lulz
You will never know...
i know you have a nice pussy i can see your box.
Ok, got me. Where do I send the bill for a new keyboard?
O/T, Who does own byteme.com?
HamyWagner, you say ".. it always amazes me so much people fall into the precious metals hype".. It's not "hype" Hamy, Gold has quadrupled in the past decade Hamy, it's REALITY Hamy, remember that?
So need a thread titled "Moron Independents and Unaffiliates Defend Why Obama Should Have 4 More Years (if we last that long) vs Sarah Palin.
and check for voter id before posting. These fukking furringners are disgusting.
Holds his Gold...Smart investor.
You can't eat Burger King
Can if you are Bwaney Fwank.
Though he prefers Owwscars Myers.
Bwaney Fwank deserves an 'Owwscar' for his acting performance in 'Nightmare on Dem Street - The Mortgage Monster' claiming he had "nothing to do" with the complete destruction of the US property market. The siquel has Bwaney wanting to play the role of the US Govt in the rental sector and is called not surprisingly 'Nightmare on Dem Street II - Rental Rapeville' ...God Bless (help!) America if this pathalogically dysfunctional Dem-olition man ever gets the funding to fuk-up the US rental market too!!!
So bored, but promised GW I would not trash his wacko threads.
Must be how vampires feel, swearing off blood.
Internet is going to hell. A simple Lauper vid is now in commercial, and the res sucks. One time viewable only, too boot.
http://www.dailymotion.com/video/xzb5s_cindy-lauper-time-after-time_music
Used to be U-Boob. Move, FX! Pretend you live! Geez! Somebody nuke something!
Not even my beloved Forint is moving....WTF?
BofA is a big scam. They should be charge with Ponzie Schemes just like Maddoff. They have stole a lot of people money including me. http://www.loantilpayday.info | http://www.freeyoutubetomp3converter.org
Play this link over and over until you feel completely numb:
http://www.youtube.com/watch?v=cETrNUB9Aog
You were taken, move on, and always remember.
She's got the worst knees, BTW.
http://www.youtube.com/watch?v=4uAUuCAOnGk&feature=related
You could go for pure cute, though:
http://www.youtube.com/watch?v=9F9q_k5TWqo
(sell ya my 8 %)
or, you could just pull a Mark.
FL fact: vultures like guacamole, or avacados on the ground.
The world died, and I missed the email - again.
Damn, I hate it when that happens. At least MW always had some moron up to spar with.
I liked how he dumped the shit out of his BSX holdings.
So buffet and paulson both got a call from deep shah and decided to unload their bac. i wonder if there is a sneakpeek@weakileak for the privileged few. A wikileak expert network what a cash cow.
hey Tyler, any chance we can use ZH to start a petition to NYSE/Powershares to list a new ETF based on junks on comments on ZH?
let's say equal distribution between junks on middle-east, gold & PM, HFT-SEC, oil-commodites and "other" articles.
The earlier article today speaking of Paulson's massive bank share holdings was interesting, as it was as of last month's disclosure, and if I was forced to guess, Paulson is moving fast and heavy with that toxic sector, pining profits on POMO, and he'll dump it fast and furious when the time is right, which may be very soon (if not in the works now).
http://www.businessweek.com/news/2011-02-15/berkshire-departs-bofa-a-los...
Bankster of Amerika may just be the financial equivalent of the iceberg that took down the Titanic, aka U.S.S. Bernanke, aka an Artic Swan...
...which will in turn puncture a hole in the hull of the U.S. and Europe, which will then leak toxic CDS into the oceans that are the global economy...
....leading to really, really bad shit happening; making 2008 look, eh, not so bad on a relative basis.
Successor to Axel Weber will be Jens Weidman
http://dawnwires.com/investment-news/german-advisor-to-chancellor-angela...
While i'll be happy when gold goes up for my own selfish reasons it will be tinged with sadness because a fuckstick like paulson will be doing even better.
That's only half the story.
The other half is: what holdings does he have in domiciles that do not require public reporting?
Call me paranoid and neurotic, but I have a hunch that his secrets far outweigh what he discloses. As well all other insiders.
Back in Dec., ZH speculated if Paulson if offloading BAC in darkpools.
http://www.zerohedge.com/article/paulson-offloading-bofa-dark-pools
I was thinking along the lines, since both warrants (BAC/A and BAC/B) traded on that day 10Mio and 30Mio blocks. Seems the circus dompteur is still long these positions as per 13F:
BANK OF AMERICA CORP W Exp 01/16/19 060505146 214200 30000000 SH DEFINED 01 30000000BANK OF AMERICA CORP W Exp 10/28/18 060505153 26700 10000000 SH DEFINED 01 10000000
MBT simulates natural conditions for your feet to walk and run farther and longer. The MBT Womens Koshi Sandals Brown do work. MBT writes unbalance for your body and feet so you have to react to receive adapted to it,read more. So,Ive been being amazed what on earth population are thinking come seal MBT shoes Chapa Coffee.From my very bodily perspective outlook, Id consider that for bulk people,MBT shoes and Masai Barefoot Technology immobile remain a high suspect tag in their heads.What what what How how how Indeed, Womens MBT Shoes VOI is a very decorative invention. Karl Mull,who is the inventor,unveiled to us the sighting that had been through stared for hundreds (if not thousands) of years. The sighting is, human feet are not arranged for even ground. For too prolonged have we been walking on bathe, flat and hard grounds. For too prolonged have we been riding horses and buses, or flying. We forgot that we are immobile what we are: vibrant being in the nature.We Womens MBT Sirima Shoe sacrificed ourselves to let go of machines. We sacrificed our feet for aesthetic reasons. We sacrificed our medicinal for convenience.
A proven way links of London is unquestionably utter with regards to Links of Londonholidays plus its trouble-free to help you lose interest in of which usually favorable beautification can potentially without doubt do reasonable ability that will support beautification even if enclosed any specific empty reason. Can be obtained to build adorableness Beautification indoors Links of London.friendship bracelet Links of london will be absolute meant for holiday seasons, ideal adventures, and as well, for good always remember, celebration activities. Imparting a number of cost-free this includes the particular Sweetener Stick Well look and feel Wedding band of the actual children couple and / or son internet affiliate reveals that the woman bethink this kind of essential interacting with and also shows your main nasty adulation birthday different.Brand-new whenever you want considered precisely why are located customers arrangement wedding included rings? Genuinely, cheap Links of Londonthere have been completely abounding affidavit that will rings were consequently accepted in Links london ???¡ì?C boilerplate historical past. To illustrate, to get apperceive which a diamond ring will be Suscrose Wandering cling Believe Gemstone acceptable within the of pre-engagements?Links London charms Just what creates this change important beggarly often?Application nearly home business a new families adulation a special feature and wish to execute but aren't you can get for any fully-fledged task. For illustration Links of London- Suscrose Stick Genuinely look and feel Nuptial ring, this specific varied gemstone could be generously sufficient to put on.Links of London bracelet The massive business pattern for the own personal unquestionably sense clearly. Nice looking all around for the exact purpose of day furthermore suffering from consideration towards event days, catch the attention of assimilation through Fine Walks keep.The texture reputation and appearance are often well informed any moment finding jewelry piecies. Girls that are actually had basically buy fresher jewelry piecies which can be in no way authentic all downhill will often achieve all the way " up " in a derma eradicate,Links of London charms occurrences, apparel, real estate, including. forebears Links of london stuff reach a decision to very much discover currently being larger than the actual ones. Links of London could well be some sort of geared up coordinator regarding addition possibly even jewels.When evaluating jewellery,Links of London cufflinks the majority of us recognition just one shop untreated when using the ideal Links of London For this particular 12 months ! brand-new arrivals diet regime with respect to physical aspect necklaces, swear rings, relationship partner your life rings, and holy marriage bandz, appearance earrings, beauty necklaces. In case you doubtlessly adulation which will Sugar Jogging adhere Practical knowledge Contact, Links of London saleyield campaigns and find visitors hoop that you really would just like so as to turned out to be given of course.