John Paulson Hedge Fund Q1 2010 positions

http://www.marketfolly.com/2010/05/john-paulsons-hedge-fund-starts-new.html

Brand New Positions
MGM Mirage (MGM)
Apache (APA)
Mylan (MYL)
Family Dollar Stores (FDO)
Devon Energy (DVN)
Novell (NOVL)
Novagold Resources (NG) ~ we already covered how Paulson was set to buy NG shares
Supermedia (SPMD) ~ we previously detailed this stake as well
DEX One (DEXO)
Smith International (SII)
Boyd Gaming (BYD)
Randgold Resources (GOLD)
Bank of America (Warrants)
Iamgold (IAG)
Beazer Homes (BZH)
Barrick Gold (ABX)
First Midwest Bancorp (FMBI)
Beazer Homes (BZMD)


Increased Positions
Hartford Financial (HIG): Increased position size by 363.6%
Apollo Group (APOL): Increased by 93%
XTO Energy (XTO): Increased by 30%
Bank of America (BAC): Increased by 11%


Reduced Positions
Mead Johnson Nutrition (MJN): Reduced position size by 50%


Positions They Sold Out of Completely
Sun Microsystems ~ inactive, merger completed
Philip Morris International (PM)
Pepsi Bottling Group ~ inactive, merger completed
IMS Health (RX)
Bank of America Preferreds (BAC-S)
Liberty Entertainment (LSTAV)
Burlington Northern Santa Fe ~ inactive, merger complete
Kraft Foods (KFT)
PepsiAmericas ~ inactive, merger complete
Encore Acquisition ~ inactive
Fifth Third Bancorp (FITB)
Chattem ~ inactive
Dr Pepper Snapple (DPS)
Valley National (VLY)
New York Community (NYB)


Top 15 Holdings (by percentage of assets reported on 13F filing)

1. SPDR Gold Trust (GLD): 16.2%

2. Bank of America (BAC): 14.2%

3. Citigroup (C): 9.7%

4. Anglogold Ashanti (AU): 7.8%

5. Comcast (CMCSA) 3.9%

6. Suntrust Banks (STI): 3.8%

7. Boston Scientific (BSX): 3.4%

8. Capital One (COF): 3.3%

9. XTO Energy (XTO): 2.9%

10. Kinross Gold (KGC): 2.7%

11. Wells Fargo (WFC): 2.6%

12. MGM Mirage (MGM): 2.3%

13. Hartford Financial (HIG): 1.7%

14. Apache (APA): 1.6%

15. JPMorgan Chase (JPM): 1.5%

Read more: http://www.marketfolly.com/2010/05/john-paulsons-hedge-fund-starts-new.html#ixzz0uv3MZaOA