John Paulson's Top 5 Biggest New Buys

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Paulson is known for extreme wins and losses - for instance, a $5 billion win during the housing crisis and an almost $1 billion loss in two days on gold last month. In the first quarter, the manager of the $18 billion hedge fund Paulson & Co. added some sizable new positions to his stock portfolio.

Paulson's portfolio contains 94 stocks, 10 of which are new first quarter buys, and has a total value of $17.73 billion.

Largest New Buys

5. Vodafone Group PLC ( VOD )

Shares purchased: 2.8 million

Average price: $27



Vodafone Group PLC is a provider of mobile communications. Vodafone Group PLC has a market cap of $148.54 billion; its shares were traded around $30.17 with and P/S ratio of 2.20. The dividend yield of Vodafone Group Plc stocks is 5.0%.

4. MGIC Investment Corporation ( MTG )

Shares purchased: 17 million

Average price $3



MGIC Investment Corporation is a Wisconsin corporation organized in 1984. MGIC Investment Corporation has a market cap of $2.13 billion; its shares were traded around $6.05 with and P/S ratio of 1.0.

3. InterOil Corporation ( IOC )

Shares purchased: 1.87 million

Average price: $67



InterOil Corporation is a Yukon Territory corporation. Interoil Corporation has a market cap of $4.3 billion; its shares were traded around $91.08 with a P/E ratio of 3401.30 and P/S ratio of 3.40.

2. Hess Corp. ( HES )

Shares purchased: 2,693,580

Average price: $65



Hess Corp. is a Delaware corporation, incorporated in 1920. Hess Corp. has a market cap of $24.45 billion; its shares were traded around $69.73 with a P/E ratio of 8.60 and P/S ratio of 0.60. The dividend yield of Hess Corp. stocks is 0.60%. Hess Corp. had an annual average earnings growth of 7.4% over the past 10 years.

1. Family Dollar Stores Inc. ( FDO )

Shares purchased: 5 million

Average price: $58



Family Dollar Stores Inc. was incorporated in Delaware in 1969, and all then-existing corporate entities became its wholly owned subsidiaries. Family Dollar Stores Inc. has a market cap of $7.48 billion; its shares were traded at around $64.05 with a P/E ratio of 17.50 and P/S ratio of 0.70. The dividend yield of Family Dollar Stores Inc. stocks is 1.40%. Family Dollar Stores Inc. had an annual average earnings growth of 12.5% over the past 10 years. GuruFocus rated Family Dollar Stores Inc. the business predictability rank of 4-star .

See John Paulson 's portfolio here . Also check out the Undervalued Stocks , Top Growth Companies and High Yield stocks of John Paulson.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: FDO , HES , IOC , MTG , VOD

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