Hedge Fund Paulson & Co. Q1 movements

Hedge fund giant John Paulson has seen his asset under management ballooning, not surprising with the returns he has achieved for his investors. This is the Q1 portfolio update of Paulson & Co.. John Paulson buys Mgm Mirage, Apache Corp., Mylan Laboratories Inc., Family Dollar Stores Inc., Devon Energy Corp., Novell Inc., Novagold Resources Inc, Idearc Inc., Dex One Corp., Smith International Inc., Boyd Gaming Corp., Randgold Resources Ltd., Iamgold Corp., Beazer Homes Usa Inc., Barrick Gold Corp., First Midwest Bancorp Inc., sells Philip Morris International Inc, New York Community Bancorp Inc., Lstza, Kraft Foods Inc., Sun Microsystems, Inc., Fifth Third Bancorp, Encore Acquisition Company, Dr Pepper Snapple Gp, Chattem Inc., Valley National Bancorp during the 3-months ended 03/31/2010, according to the most recent filings of his investment company, Paulson & Co.. John Paulson owns 59 stocks with a total value of $21.2 billion. These are the details of the buys and sells.

• New Purchases: ABX, APA, BYD, BZH, DEXO, DVN, FDO, FMBI, GOLD, IAG, MGM, MYL, NG, NOVL, SII, SPMD,
• Added Positions: APOL, AU, BAC, HIG, KGC, XTO,
• Reduced Positions: MJN,
• Sold Out: DPS, FITB, KFT, LSTZA, NYB, PM, VLY,

Reference:

http://www.gurufocus.com/news.php?id=94939