Thursday, August 14, 2008

John Paulson's Paulson & Co Shows New Stakes In BofA (BAC) and Cheniere Energy (LNG), Among Others

John Paulson's Paulson & Co. released its 13F for the quarter ended June 30, 2008. Paulson is best know for making an estimated $3-$4 billion by betting against the US housing market. Below are his long positions. Many look like merger-arb trades, but there are some interesting tid-bits, like:

New 2,732,700 share Bank of America (NYSE: BAC) stake.

New 4,700,000 share Cheniere Energy Inc. (AMEX: LNG) stake.

New 1,900,000 share W-H Energy Services, Inc. (NYSE: WHQ) stake.

Raised stake in Boston Scientific (NYSE: BSX) from 79,382,600 to 84,000,000 shares.

Read the Full 13-F Summary Here

Labels: ,


Blogger rajasekar said...

Hello all i know the copmany BAC,WHo,,,... no but i don't know LNG?
what is that thanks for article

For:Outsource Bookkeeping!

8:12 AM  
Anonymous numia said...

This is an informative post.. thank u..

6:00 AM  

Post a Comment

<< Home