Wilbur L. Ross, Jr. is the founder of private equity firm WL Ross & Co. He is known for distressed investing and restructuring failed companies in industries such as steel, coal, telecommunications, foreign investment and textiles. He specializes in leveraged buyouts. Wilbur Ross was doing a lot of buying during the first half of the year. This is his Q2 portfolio updates.
Wilbur Ross buys Satyam Computer Services Ltd., Carter's Inc., Metropcs Communications Inc., Callidus Software Inc., Volterra Semiconductor Corp., Cyclacel Pharmaceuticals Inc., Infinera Corp., Sumtotal Systems Inc., Infinity Pharmaceuticals, Inc., Oplink Communications Inc., Citrix Systems Inc., H&e Equipment Services Inc., Jds Uniphase Corp., sells Citrix Systems Inc., Sumtotal Systems Inc., Volterra Semiconductor Corp., Valero Energy Corp. during the 3-months ended 03/31/2009, according to the most recent filings of his investment company, Invesco Private Capital, Inc.. Wilbur Ross owns 13 stocks with a total value of $420 million. These are the details of the buys and sells.
New Purchases: CRI, SAY,
Added Positions: AGO,
Reduced Positions: CYCC,
Sold Out: CTXS, VLTR,
For the details of Wilbur Ross's stock buys and sells, go to the Link Here
This is the sector weightings of Wilbur Ross's portfolio:
These are the top 5 holdings of Wilbur Ross
Added: Assured Guaranty Ltd. (AGO, Financial)
Wilbur Ross added to his holdings in Assured Guaranty Ltd. by 31.64%. His purchase prices were between $8.99 and $15.54, with an estimated average price of $12. The impact to his portfolio due to this purchase was 11.32%. His holdings were 16,016,396 shares as of 03/31/2009.
Assured Guaranty is a Bermuda-based holding company providing credit enhancement products to the municipal finance structured finance and mortgage markets. Assured Guaranty Ltd. has a market cap of $1.82 billion; its shares were traded at around $20.05 with a P/E ratio of 15.4 and P/S ratio of 3.7. The dividend yield of Assured Guaranty Ltd. stocks is 0.9%.
New Purchase: Satyam Computer Services Ltd. (SAY, Financial)
Wilbur Ross initiated holdings in Satyam Computer Services Ltd.. His purchase prices were between $1.77 and $3.67, with an estimated average price of $2.5. The impact to his portfolio due to this purchase was 1.36%. His holdings were 1,844,927 shares as of 03/31/2009.
Satyam Computer Services Limited is a provider of information technology services in India. Satyam offers a comprehensive range of services including software development system maintenance packaged software integration and engineering design services. Satyam uses its global infrastructure to deliver value-added services to its customers to address information technology needs in specific industries and to facilitate electronic business or eBusiness initiatives. (Press Release) Satyam Computer Services Ltd. has a market cap of $3.2 billion; its shares were traded at around $5.45 with a P/E ratio of 3.5 and P/S ratio of 1.5. The dividend yield of Satyam Computer Services Ltd. stocks is 0.6%. Satyam Computer Services Ltd. had an annual average earning growth of 32.4% over the past 5 years.
New Purchase: Carter's Inc. (CRI, Financial)
Wilbur Ross initiated holdings in Carter's Inc.. His purchase prices were between $20.59 and $24.48, with an estimated average price of $22.6. The impact to his portfolio due to this purchase was 0.09%. His holdings were 15,219 shares as of 03/31/2009.
Carters Inc markets baby apparel and young children's apparel in the United States. Carter's products are offered in department stores and retail stores. The company sells products under the Tykes brand in Target stores and under its Child of Mine brand in Wal-Mart stores. Carter's Inc. has a market cap of $1.46 billion; its shares were traded at around $25.73 with a P/E ratio of 15.3 and P/S ratio of 1. Carter's Inc. had an annual average earning growth of 16.6% over the past 5 years.
Reduced: Cyclacel Pharmaceuticals Inc. (CYCC, Financial)
Wilbur Ross reduced to his holdings in Cyclacel Pharmaceuticals Inc. by 47.13%. His sale prices were between $0.38 and $1.21, with an estimated average price of $0.8. The impact to his portfolio due to this sale was -0.11%. Wilbur Ross still held 890,213 shares as of 03/31/2009.
CYCLACEL is a biopharmaceutical company dedicated to the discovery development and commercialization of novel mechanism-targeted drugs to treat human cancers and other serious disorders. Three orally-available Cyclacel drugs are in clinical development. Sapacitabine a cell cycle modulating nucleoside analog is in Phase 2 studies for the treatment of acute myeloid leukemia in the elderly myelodysplastic syndromes and cutaneous T-cell lymphoma. Seliciclib (CYC202 or R-roscovitine) a CDK inhibitor is in Phase 2 for the treatment of lung cancer and nasopharyngeal cancer. Cyclacel Pharmaceuticals Inc. has a market cap of $20 million; its shares were traded at around $0.98 with and P/S ratio of 22.8.
Sold Out: Volterra Semiconductor Corp. (VLTR, Financial)
Wilbur Ross sold out his holdings in Volterra Semiconductor Corp.. His sale prices were between $9.81 and $13.96, with an estimated average price of $12.1.
Volterra Semiconductor Corporation designs develops and markets proprietary high-performance analog and mixed-signal power management semiconductors for the computing storage networking and consumer markets. Its core products are integrated voltage regulator semiconductors and scalable voltage regulator semiconductor chipsets that transform regulate deliver and monitor the power consumed by digital semiconductors. Volterra Semiconductor Corp. has a market cap of $420.4 million; its shares were traded at around $16.74 with a P/E ratio of 62 and P/S ratio of 4.1.
Sold Out: Citrix Systems Inc. (CTXS, Financial)
Wilbur Ross sold out his holdings in Citrix Systems Inc.. His sale prices were between $25.64 and $34.1, with an estimated average price of $29.4.
Citrix Systems Inc. is one of the leading suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. The company's products permit organizations to deploy and manage applications without regard to location network connection or type of client hardware platform. Citrix Systems Inc. has a market cap of $6.44 billion; its shares were traded at around $35.56 with a P/E ratio of 32.3 and P/S ratio of 4. Citrix Systems Inc. had an annual average earning growth of 9.2% over the past 10 years. GuruFocus rated Citrix Systems Inc. the business predictability rank of 4-star.
Also check out:
Wilbur Ross buys Satyam Computer Services Ltd., Carter's Inc., Metropcs Communications Inc., Callidus Software Inc., Volterra Semiconductor Corp., Cyclacel Pharmaceuticals Inc., Infinera Corp., Sumtotal Systems Inc., Infinity Pharmaceuticals, Inc., Oplink Communications Inc., Citrix Systems Inc., H&e Equipment Services Inc., Jds Uniphase Corp., sells Citrix Systems Inc., Sumtotal Systems Inc., Volterra Semiconductor Corp., Valero Energy Corp. during the 3-months ended 03/31/2009, according to the most recent filings of his investment company, Invesco Private Capital, Inc.. Wilbur Ross owns 13 stocks with a total value of $420 million. These are the details of the buys and sells.
New Purchases: CRI, SAY,
Added Positions: AGO,
Reduced Positions: CYCC,
Sold Out: CTXS, VLTR,
For the details of Wilbur Ross's stock buys and sells, go to the Link Here
This is the sector weightings of Wilbur Ross's portfolio:
| Technology |  2.7% |
|---|---|
| Financials | 68.9% |
| Telecommunications | 11.3% |
| Health Care | 0.3% |
| Consumer Goods | 0.1% |
| Industrials | 0% |
| Basic Materials | 16.7% |
These are the top 5 holdings of Wilbur Ross
- Assured Guaranty Ltd. (AGO) - 16,016,396 shares, 47.11% of the total portfolio
- Montpelier Re Holdings Ltd. (MRH) - 6,896,552 shares, 21.77% of the total portfolio
- International Coal Group Inc. (ICO) - 24,537,423 shares, 16.67% of the total portfolio
- MetroPCS Communications Inc. (PCS) - 3,577,873 shares, 11.31% of the total portfolio
- Satyam Computer Services Ltd. (SAY) - 1,844,927 shares, 1.36% of the total portfolio
Added: Assured Guaranty Ltd. (AGO, Financial)
Wilbur Ross added to his holdings in Assured Guaranty Ltd. by 31.64%. His purchase prices were between $8.99 and $15.54, with an estimated average price of $12. The impact to his portfolio due to this purchase was 11.32%. His holdings were 16,016,396 shares as of 03/31/2009.
Assured Guaranty is a Bermuda-based holding company providing credit enhancement products to the municipal finance structured finance and mortgage markets. Assured Guaranty Ltd. has a market cap of $1.82 billion; its shares were traded at around $20.05 with a P/E ratio of 15.4 and P/S ratio of 3.7. The dividend yield of Assured Guaranty Ltd. stocks is 0.9%.
New Purchase: Satyam Computer Services Ltd. (SAY, Financial)
Wilbur Ross initiated holdings in Satyam Computer Services Ltd.. His purchase prices were between $1.77 and $3.67, with an estimated average price of $2.5. The impact to his portfolio due to this purchase was 1.36%. His holdings were 1,844,927 shares as of 03/31/2009.
Satyam Computer Services Limited is a provider of information technology services in India. Satyam offers a comprehensive range of services including software development system maintenance packaged software integration and engineering design services. Satyam uses its global infrastructure to deliver value-added services to its customers to address information technology needs in specific industries and to facilitate electronic business or eBusiness initiatives. (Press Release) Satyam Computer Services Ltd. has a market cap of $3.2 billion; its shares were traded at around $5.45 with a P/E ratio of 3.5 and P/S ratio of 1.5. The dividend yield of Satyam Computer Services Ltd. stocks is 0.6%. Satyam Computer Services Ltd. had an annual average earning growth of 32.4% over the past 5 years.
New Purchase: Carter's Inc. (CRI, Financial)
Wilbur Ross initiated holdings in Carter's Inc.. His purchase prices were between $20.59 and $24.48, with an estimated average price of $22.6. The impact to his portfolio due to this purchase was 0.09%. His holdings were 15,219 shares as of 03/31/2009.
Carters Inc markets baby apparel and young children's apparel in the United States. Carter's products are offered in department stores and retail stores. The company sells products under the Tykes brand in Target stores and under its Child of Mine brand in Wal-Mart stores. Carter's Inc. has a market cap of $1.46 billion; its shares were traded at around $25.73 with a P/E ratio of 15.3 and P/S ratio of 1. Carter's Inc. had an annual average earning growth of 16.6% over the past 5 years.
Reduced: Cyclacel Pharmaceuticals Inc. (CYCC, Financial)
Wilbur Ross reduced to his holdings in Cyclacel Pharmaceuticals Inc. by 47.13%. His sale prices were between $0.38 and $1.21, with an estimated average price of $0.8. The impact to his portfolio due to this sale was -0.11%. Wilbur Ross still held 890,213 shares as of 03/31/2009.
CYCLACEL is a biopharmaceutical company dedicated to the discovery development and commercialization of novel mechanism-targeted drugs to treat human cancers and other serious disorders. Three orally-available Cyclacel drugs are in clinical development. Sapacitabine a cell cycle modulating nucleoside analog is in Phase 2 studies for the treatment of acute myeloid leukemia in the elderly myelodysplastic syndromes and cutaneous T-cell lymphoma. Seliciclib (CYC202 or R-roscovitine) a CDK inhibitor is in Phase 2 for the treatment of lung cancer and nasopharyngeal cancer. Cyclacel Pharmaceuticals Inc. has a market cap of $20 million; its shares were traded at around $0.98 with and P/S ratio of 22.8.
Sold Out: Volterra Semiconductor Corp. (VLTR, Financial)
Wilbur Ross sold out his holdings in Volterra Semiconductor Corp.. His sale prices were between $9.81 and $13.96, with an estimated average price of $12.1.
Volterra Semiconductor Corporation designs develops and markets proprietary high-performance analog and mixed-signal power management semiconductors for the computing storage networking and consumer markets. Its core products are integrated voltage regulator semiconductors and scalable voltage regulator semiconductor chipsets that transform regulate deliver and monitor the power consumed by digital semiconductors. Volterra Semiconductor Corp. has a market cap of $420.4 million; its shares were traded at around $16.74 with a P/E ratio of 62 and P/S ratio of 4.1.
Sold Out: Citrix Systems Inc. (CTXS, Financial)
Wilbur Ross sold out his holdings in Citrix Systems Inc.. His sale prices were between $25.64 and $34.1, with an estimated average price of $29.4.
Citrix Systems Inc. is one of the leading suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. The company's products permit organizations to deploy and manage applications without regard to location network connection or type of client hardware platform. Citrix Systems Inc. has a market cap of $6.44 billion; its shares were traded at around $35.56 with a P/E ratio of 32.3 and P/S ratio of 4. Citrix Systems Inc. had an annual average earning growth of 9.2% over the past 10 years. GuruFocus rated Citrix Systems Inc. the business predictability rank of 4-star.
Also check out:
