Billionaire investor Wilbur Ross made his fortune in investing in bankruptcy situation, restructuring and privatization. He likes to buy into distressed situations and profits from the turnaround. This is the Q1 portfolio update of Wilbur Ross. He initiated some large positions. .. As of 03/31/2011, Invesco Private Capital, Inc. owns 25 stocks with a total value of $1.4 billion. These are the details of the buys and sells.
This is the portfolio chart of Wilbur Ross. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
- New Purchases: BKU, CACB, UAL, DAL, MXL, ENV,
- Added Positions: XCO, SNBC, HBI, BIOS, USO,
- Reduced Positions: PCS, DYN
- Sold Out: SCOR, THRX, IPHS, MOTR,
This is the sector weightings of his portfolio:
| Oil & Gas | 31% |
| Financials | 26.3% |
| Basic Materials | 9.6% |
| Consumer Goods | 1.4% |
| Technology | 1.2% |
| Telecommunications | 0.7% |
| Consumer Services | 0.4% |
| Health Care | 0.3% |
These are the top 5 holdings of Wilbur Ross
- EXCO RESOURCES INC. (XCO) - 21,000,000 shares, 30.1% of the total portfolio. Shares added by 32.22%
- BANKUNITED INC. (BKU) - 13,721,131 shares, 27.33% of the total portfolio. Shares added by 10000%
- ASSURED GUARANTY LTD (AGO) - 16,016,396 shares, 16.56% of the total portfolio.
- INTERNATIONAL COAL GROUP INC. (ICO) - 12,268,723 shares, 9.62% of the total portfolio.
- Cascade Bancorp (CACB) - 11,468,750 shares, 5.25% of the total portfolio. Shares added by 10000%
Added: Exco Resources Inc. (XCO, Financial)
Wilbur Ross added to his holdings in Exco Resources Inc. by 32.22%. His purchase prices were between $18.98 and $20.65, with an estimated average price of $20.04. The impact to his portfolio due to this purchase was 7.33%. His holdings were 21,000,000 shares as of 03/31/2011.
EXCO Resources, Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties. Exco Resources Inc. has a market cap of $4.36 billion; its shares were traded at around $20.3 with a P/E ratio of 39.2 and P/S ratio of 8.5. The dividend yield of Exco Resources Inc. stocks is 0.8%.
Added: Sun Bancorp Inc. (SNBC, Financial)
Wilbur Ross added to his holdings in Sun Bancorp Inc. by 49.61%. His purchase prices were between $3.05 and $4.95, with an estimated average price of $4.23. The impact to his portfolio due to this purchase was 1.49%. His holdings were 18,655,114 shares as of 03/31/2011.
Sun Bancorp, Inc. is a bank holding company with two principal subsidiaries, Sun National Bank and Sun National Bank. Sun Bancorp Inc. has a market cap of $181.4 million; its shares were traded at around $3.75 with and P/S ratio of 1.1.
Added: Hanesbrands Inc. (HBI, Financial)
Wilbur Ross added to his holdings in Hanesbrands Inc. by 128.21%. His purchase prices were between $22.46 and $27.49, with an estimated average price of $25.03. The impact to his portfolio due to this purchase was 0.37%. His holdings were 353,152 shares as of 03/31/2011.
Hanesbrands Inc. is a marketer of innerwear, outerwear and hosiery apparel under strong consumer brands, including Hanes, Champion, Playtex, Bali, Just My Size, barely there and Wonderbra. Hanesbrands Inc. has a market cap of $3.03 billion; its shares were traded at around $30.11 with a P/E ratio of 14.2 and P/S ratio of 0.7.
Added: Bioscrip Inc. (BIOS, Financial)
Wilbur Ross added to his holdings in Bioscrip Inc. by 455.85%. His purchase prices were between $4.12 and $5.5, with an estimated average price of $4.7. The impact to his portfolio due to this purchase was 0.21%. His holdings were 812,354 shares as of 03/31/2011.
BioScrip provides comprehensive pharmaceutical care solutions. Bioscrip Inc. has a market cap of $356.7 million; its shares were traded at around $7 with a P/E ratio of 22 and P/S ratio of 0.2.
Added: United States Oil Fund Lp (USO, Financial)
Wilbur Ross added to his holdings in United States Oil Fund Lp by 38.75%. His purchase prices were between $35.53 and $42.37, with an estimated average price of $39.07. The impact to his portfolio due to this purchase was 0.09%. His holdings were 111,000 shares as of 03/31/2011.
United States Oil Fund Lp has a market cap of $1.98 billion; its shares were traded at around $38.47 .
New Purchase: BankUnited Inc. (BKU, Financial)
Wilbur Ross initiated holdings in Bankunited Inc.. His purchase prices were between $27.96 and $29.72, with an estimated average price of $28.57. The impact to his portfolio due to this purchase was 27.33%. His holdings were 13,721,131 shares as of 03/31/2011.
BankUnited, Inc. through its subsidiaries provides various financial products and services to commercial and consumer customers in the United States. Bankunited Inc. has a market cap of $2.59 billion; its shares were traded at around $26.75 with and P/S ratio of 3. The dividend yield of Bankunited Inc. stocks is 0.5%.
New Purchase: United Continental Holdings Inc. (UAL, Financial)
Wilbur Ross initiated holdings in United Continental Holdings Inc.. His purchase prices were between $22.17 and $27.48, with an estimated average price of $24.8. The impact to his portfolio due to this purchase was 0.48%. His holdings were 302,700 shares as of 03/31/2011.
United Continental Holdings, Inc. is in Airlines industry. United Continental Holdings Inc. has a market cap of $8.33 billion; its shares were traded at around $26.25 with a P/E ratio of 6.2 and P/S ratio of 0.2.
New Purchase: Delta Air Lines Inc. (DAL, Financial)
Wilbur Ross initiated holdings in Delta Air Lines Inc.. His purchase prices were between $9.79 and $13, with an estimated average price of $11.33. The impact to his portfolio due to this purchase was 0.35%. His holdings were 511,500 shares as of 03/31/2011.
Delta is America's fastest growing international carrier. Delta Air Lines Inc. has a market cap of $8.67 billion; its shares were traded at around $11.23 with a P/E ratio of 6.7 and P/S ratio of 0.3.
New Purchase: Envestnet Inc. (ENV, Financial)
Wilbur Ross initiated holdings in Envestnet Inc.. His purchase prices were between $11.91 and $17.06, with an estimated average price of $13.81. The impact to his portfolio due to this purchase was 0.01%. His holdings were 15,800 shares as of 03/31/2011.
Envestnet, Inc. is an independent provider of technology-enabled, Web-based investment solutions and services to financial advisors. Envestnet Inc. has a market cap of $448.4 million; its shares were traded at around $15.02 with a P/E ratio of 71.3 and P/S ratio of 4.6.
New Purchase: Maxlinear Inc. (MXL, Financial)
Wilbur Ross initiated holdings in Maxlinear Inc.. His purchase prices were between $7.76 and $12.62, with an estimated average price of $10.4. The impact to his portfolio due to this purchase was 0.01%. His holdings were 25,000 shares as of 03/31/2011.
MaxLinear is a provider of radio-frequency analog and mixed signal semiconductor SoC solutions for broadband communication applications offering small silicon die-size, and low power consumption. Maxlinear Inc. has a market cap of $290.1 million; its shares were traded at around $9.03 with a P/E ratio of 448 and P/S ratio of 4.2.
Reduced: Metropcs Communications Inc. (PCS)
Wilbur Ross reduced to his holdings in Metropcs Communications Inc. by 77.72%. His sale prices were between $12.53 and $16.32, with an estimated average price of $13.91. The impact to his portfolio due to this sale was -2.3%. Wilbur Ross still held 582,339 shares as of 03/31/2011.
MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $6.34 billion; its shares were traded at around $17.66 with a P/E ratio of 22.2 and P/S ratio of 1.6. Metropcs Communications Inc. had an annual average earnings growth of 10.4% over the past 5 years.
Reduced: Dynegy Inc. (DYN)
Wilbur Ross reduced to his holdings in Dynegy Inc. by 54.93%. His sale prices were between $5.44 and $6.29, with an estimated average price of $5.8. The impact to his portfolio due to this sale was -0.87%. Wilbur Ross still held 1,802,806 shares as of 03/31/2011.
Dynegy Inc. is a provider of energy products and services in North America, the United Kingdom and in continental Europe. Dynegy Inc. has a market cap of $652.6 million; its shares were traded at around $5.7 with and P/S ratio of 0.3.
Sold Out: ComScore Inc. (SCOR)
Wilbur Ross sold out his holdings in ComScore Inc.. His sale prices were between $21.63 and $29.54, with an estimated average price of $26.04.
ComScore, Inc. is a global leader in measuring the digital world. Comscore Inc. has a market cap of $850.5 million; its shares were traded at around $26.97 with and P/S ratio of 4.9.
Sold Out: Theravance Inc. (THRX)
Wilbur Ross sold out his holdings in Theravance Inc.. His sale prices were between $20.98 and $25.78, with an estimated average price of $23.32.
Theravance Inc is focused on the discovery, development and commercialization of small molecule medicines for unmet medical needs across a number of therapeutic areas including respiratory disease, bacterial infections, overactive bladder and gastrointestinal disorders. Theravance Inc. has a market cap of $2.16 billion; its shares were traded at around $25.23 with and P/S ratio of 89.1.
Sold Out: Innophos Holdings Inc. (IPHS)
Wilbur Ross sold out his holdings in Innophos Holdings Inc.. His sale prices were between $33.17 and $45.22, with an estimated average price of $38.86.
Innophos, Inc., is one of the North American manufacturers of specialty phosphates, serving a diverse range of customers across multiple applications, geographies and channels. Innophos Holdings Inc. has a market cap of $946.7 million; its shares were traded at around $43.42 with a P/E ratio of 12.6 and P/S ratio of 1.3. The dividend yield of Innophos Holdings Inc. stocks is 2.3%. Innophos Holdings Inc. had an annual average earnings growth of 36.2% over the past 5 years.
