John Paulson (Trades, Portfolio) of Paulson & Co added new positions to his portfolio of 63 stocks with a value of $19.362 billion and a quarter over quarter turnover rate of 11%.
41.6% os his portfolio consists of stocks in the healthcare sector.
Here's a look at Paulson's top buys:
Salix Pharmaceuticals Ltd (SLXP, Financial)
Salix consists of 3.4% of Paulson's overall portfolio. Paulson first held this stock in 2011Q1 and sold his shares by the third quarter. Three years later, during the fourth quarter of 2014, he added the position back into his portfolio, purchasing 5,806,000 shares at an average price of $157.51/share.
Salix was incorporated in Delaware in 1993. The company acquires, develops and commercializes prescription drugs and medical devices used to treat different gastrointestinal diseases that affect the digestive tract.
SLXP is currently trading at $157.51. The Peter Lynch earnings line is at $30.90, indicating the stock may be overvalued.
The company's current P/B ratio is 19.00, which is close to the 10-year high of 19.81. Over the past 12 months, SLXP's average Book Value per Share Growth Rate was -23.20%.
SLXP's Revenue per Share for the past 12 months was $20.51, which means the P/S ratio as of today is 7.68.
Talisman Energy Inc (TLM, Financial)
Paulson's purchase of 70,000,000 shares at an average price of $6.30/share impacted his portfolio by 2.8% after the transaction.
Talisman Energy was incorporated under the Canada Corporations Business Act and is an independent producer of oil and gas.
Revenue per Share for the past 12 months was $4.48 with a Growth Rate of -4.90%. Revenue has been declining for the past 5 years. The P/S ratio is currently 1.72.
Paulson also increased stakes in the following positions: Allergan Inc (AGN, Financial), Time Warner Cable Inc (TWC, Financial), Mylan Inc (MYL, Financial), Whiting Petroleum Corp (WLL, Financial), Actavis PLC (ACT, Financial), DirecTV (DTV, Financial), International Tower Hill Mines Ltd (THM, Financial).
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