| Quarter Ending 06/30/2010 | Back to the Enlightened American Website | ||||||||
| Paulson & Co. | |||||||||
| ***** NEW POSITIONS TAKEN | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| N/A | N/A | AIRGAS INC | 1,000,000 | $62.20 | $62,200,000 | ||||
| N/A | N/A | AMERICAN CAPITAL LTD | 43,725,000 | $4.82 | $210,755,000 | ||||
| N/A | N/A | BANK OF AMERICA W EXP 01/201 | 30,000,000 | $7.65 | $229,500,000 | ||||
| N/A | N/A | BEAZER HOMES USA INC.UNIT | 90,000 | $18.36 | $1,652,000 | ||||
| N/A | N/A | CONSECO FINANCIAL GROUP | 8,125,127 | $4.95 | $40,219,000 | ||||
| N/A | N/A | CASEY'S GENERAL STORES | 700,000 | $34.90 | $24,430,000 | ||||
| N/A | N/A | DYNCORP INTERNATIONAL INC | 5,600,000 | $17.52 | $98,112,000 | ||||
| N/A | N/A | EXXON MOBIL CORP | 9,169,259 | $57.07 | $523,290,000 | ||||
| N/A | N/A | GENERAL GROWTH PROPERTIES | 6,561,500 | $13.26 | $87,005,000 | ||||
| N/A | N/A | GOLDMAN SACHS GROUP INC | 1,100,000 | $131.27 | $144,397,000 | ||||
| N/A | N/A | INVENTIV HEALTH INC | 3,300,000 | $25.60 | $84,480,000 | ||||
| N/A | N/A | MARINER ENERGY INC | 10,000,000 | $21.48 | $214,800,000 | ||||
| N/A | N/A | MCCLATCHY CO | 5,000,000 | $3.64 | $18,200,000 | ||||
| N/A | N/A | ODYSSEY HEALTHCARE INC | 3,000,000 | $26.72 | $80,160,000 | ||||
| N/A | N/A | PMI GROUP INC | 5,000,000 | $2.89 | $14,450,000 | ||||
| N/A | N/A | POPULAR INC | 66,666,660 | $2.68 | $178,667,000 | ||||
| N/A | N/A | SONICWALL INC | 3,300,000 | $11.75 | $38,775,000 | ||||
| N/A | N/A | STRATEGIC HOTEL & RESORT | 8,000,000 | $4.39 | $35,120,000 | ||||
| N/A | N/A | SYBASE INC | 7,000,000 | $64.66 | $452,620,000 | ||||
| N/A | N/A | TALECRIS BIOTHERAPEUTICS | 5,000,000 | $21.10 | $105,500,000 | ||||
| N/A | N/A | ALCON INC | 966,500 | $148.19 | $143,226,000 | ||||
| ***** SOLD OFF | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| N/A | N/A | FIRST MIDWEST BANKCORP | 400,000 | $13.55 | $5,420,000 | ||||
| N/A | N/A | 3 COM CORP. | 10,000,000 | $7.69 | $76,900,000 | ||||
| N/A | N/A | XTO ENERGY INC. | 13,000,000 | $47.18 | $613,340,000 | ||||
| ***** HOLD POSITIONS | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| 0.00% | 13.78% | ANGLOGOLD ASHANTI LTD. | 43,749,864 | 43,749,864 | $43.18 | $37.95 | $1,889,119,000 | $1,660,307,000 | |
| 0.00% | -17.05% | APACHE GROUP | 3,400,000 | 3,400,000 | $84.19 | $101.50 | $286,246,000 | $345,100,000 | |
| 0.00% | -30.71% | APOLLO GROUP INC | 1,600,000 | 1,600,000 | $42.47 | $61.29 | $67,952,000 | $98,064,000 | |
| 0.00% | 2.23% | ASHFORD HOSPITALITY TRUST | 3,000,000 | 3,000,000 | $7.33 | $7.17 | $21,990,000 | $21,510,000 | |
| 0.00% | -19.50% | BANK OF AMERICA CORP | 167,794,229 | 167,794,229 | $14.37 | $17.85 | $2,411,203,000 | $2,995,127,000 | |
| 0.00% | -19.83% | BANK OF AMERICA W EXP10/2021 | 10,000,000 | 10,000,000 | $2.87 | $3.58 | $28,700,000 | $35,800,000 | |
| 0.00% | 18.44% | BARRICK GOLD CORP | 400,000 | 400,000 | $45.41 | $38.34 | $18,164,000 | $15,336,000 | |
| 0.00% | -18.16% | BEAZER HOMES 7.5% 01/13NT | 150,000 | 150,000 | $20.46 | $25.00 | $3,069,000 | $3,750,000 | |
| 0.00% | -14.07% | BOYD GAMING CORP | 4,000,000 | 4,000,000 | $8.49 | $9.88 | $33,960,000 | $39,520,000 | |
| 0.00% | -14.13% | CB RICHARD ELLIS GROUP CL A | 13,500,000 | 13,500,000 | $13.61 | $15.85 | $183,735,000 | $213,975,000 | |
| 0.00% | -2.68% | CAPITAL ONE FINANCIAL COR | 17,000,000 | 17,000,000 | $40.30 | $41.41 | $685,100,000 | $703,970,000 | |
| 0.00% | -2.98% | CAPITAL ONE FIN W EXP 11/14 | 3,992,520 | 3,992,520 | $15.28 | $15.75 | $61,006,000 | $62,882,000 | |
| 0.00% | -8.74% | CHENIERE ENERGY INC | 7,461,191 | 7,461,191 | $2.82 | $3.09 | $21,041,000 | $23,055,000 | |
| 0.00% | -7.16% | CITIGROUP INC. | 506,700,000 | 506,700,000 | $3.76 | $4.05 | $1,905,192,000 | $2,052,135,000 | |
| 0.00% | -7.70% | COMCAST CORP. CL A | 44,000,000 | 44,000,000 | $17.37 | $18.82 | $764,280,000 | $828,080,000 | |
| 0.00% | -5.45% | DEVON ENGERGY CORPORATION | 3,300,000 | 3,300,000 | $60.92 | $64.43 | $201,036,000 | $212,619,000 | |
| 0.00% | -31.95% | DEX ONE CORPORATION | 3,676,394 | 3,676,394 | $19.00 | $27.92 | $69,851,000 | $102,645,000 | |
| 0.00% | 0.33% | DIRECTV CL A | 5,104,281 | 5,104,281 | $33.92 | $33.81 | $173,137,000 | $172,576,000 | |
| 0.00% | 2.95% | FAMILY DOLLAR STORES INC. | 6,000,000 | 6,000,000 | $37.69 | $36.61 | $226,140,000 | $219,660,000 | |
| 0.00% | -4.80% | HYATT HOTELS CORP CL A | 300,000 | 300,000 | $37.09 | $38.96 | $11,127,000 | $11,688,000 | |
| 0.00% | 33.74% | IAMGOLD CORP | 2,700,000 | 2,700,000 | $17.68 | $13.22 | $47,736,000 | $35,694,000 | |
| 0.00% | -18.19% | JPMORGAN CHASE & CO. | 7,000,000 | 7,000,000 | $36.61 | $44.75 | $256,270,000 | $313,250,000 | |
| 0.00% | -17.76% | JPMORGAN CHASE W EXP 10/28 | 18,727,997 | 18,727,997 | $12.64 | $15.37 | $236,722,000 | $287,849,000 | |
| 0.00% | 0.07% | KINROSS GOLD CORP | 33,140,000 | 33,140,000 | $17.12 | $17.11 | $567,456,000 | $567,078,000 | |
| 0.00% | -16.57% | LEAR CORPORATION | 1,381,785 | 1,381,785 | $66.20 | $79.35 | $91,474,000 | $109,645,000 | |
| 0.00% | -2.59% | MACERICH CO | 1,281,221 | 1,281,221 | $37.32 | $38.31 | $47,815,000 | $49,084,000 | |
| 0.00% | -10.81% | MARSHALL & ILSLEY CORP | 24,050,000 | 24,050,000 | $7.18 | $8.05 | $172,679,000 | $193,603,000 | |
| 0.00% | -2.76% | MIRANT CORP | 18,203,321 | 18,203,321 | $10.56 | $10.86 | $192,227,000 | $197,688,000 | |
| 0.00% | -15.49% | NORTHERN TRUST CORP. | 1,000,000 | 1,000,000 | $46.70 | $55.26 | $46,700,000 | $55,260,000 | |
| 0.00% | -2.39% | NOVAGOLD RESOURCES INC. | 20,181,818 | 20,181,818 | $6.98 | $7.15 | $140,887,000 | $144,340,000 | |
| 0.00% | 23.32% | RANDGOLD RESOURCES LTD | 495,000 | 495,000 | $94.75 | $76.83 | $46,901,000 | $38,031,000 | |
| 0.00% | -16.18% | REGIONS FINANCIAL CORP | 19,343,700 | 19,343,700 | $6.58 | $7.85 | $127,282,000 | $151,848,000 | |
| 0.00% | 11.68% | SPDR GOLD TRUST | 31,500,000 | 31,500,000 | $121.68 | $108.95 | $3,832,920,000 | $3,431,925,000 | |
| 0.00% | -12.07% | SMITH INTERNATIONAL INC. | 2,000,000 | 2,000,000 | $37.65 | $42.82 | $75,300,000 | $85,640,000 | |
| 0.00% | 11.58% | SPRINT NEXTEL CORP. | 10,000,000 | 10,000,000 | $4.24 | $3.80 | $42,400,000 | $38,000,000 | |
| 0.00% | -12.18% | STARWOOD PROPERTY TRUST I | 1,046,000 | 1,046,000 | $16.95 | $19.30 | $17,730,000 | $20,188,000 | |
| 0.00% | -11.17% | STARWOOD HOTELS & RESORTS | 2,640,000 | 2,640,000 | $41.43 | $46.64 | $109,375,000 | $123,130,000 | |
| 0.00% | -25.08% | STATE STREET CORP | 2,000,000 | 2,000,000 | $33.82 | $45.14 | $67,640,000 | $90,280,000 | |
| 0.00% | -11.10% | SUNSTONE HOTEL INVS INC. | 5,000,000 | 5,000,000 | $9.93 | $11.17 | $49,650,000 | $55,850,000 | |
| 0.00% | -13.03% | SUNTRUST BANK INC. | 30,380,700 | 30,380,700 | $23.30 | $26.79 | $707,870,000 | $813,899,000 | |
| 0.00% | -12.92% | VAIL RESORTS INC. | 2,239,924 | 2,239,924 | $34.91 | $40.09 | $78,196,000 | $89,799,000 | |
| 0.00% | -17.74% | WELLS FARGO & CO. | 17,500,000 | 17,500,000 | $25.60 | $31.12 | $448,000,000 | $544,600,000 | |
| ***** AUGMENTED POSITIONS | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| 16.00% | -20.04% | 800,000 | BEAZER HOME USA INC. | 5,800,000 | 5,000,000 | $3.63 | $4.54 | $21,054,000 | $22,700,000 |
| 50.00% | -12.46% | 1,500,000 | FELCOR LODGING TRUST INC. | 4,500,000 | 3,000,000 | $4.99 | $5.70 | $22,455,000 | $17,100,000 |
| 1955.29% | 11.82% | 498,600 | FELCOR LODGING TRUST INC.PFD | 524,100 | 25,500 | $20.26 | $18.12 | $10,618,000 | $462,000 |
| 1.29% | -18.51% | 94,435 | FIRST HORIZON NATIONAL CO | 7,417,302 | 7,322,867 | $11.45 | $14.05 | $84,928,000 | $102,886,000 |
| 2.12% | 5.94% | 500,000 | GOLD FIELDS LTD. | 24,050,000 | 23,550,000 | $13.37 | $12.62 | $321,549,000 | $297,201,000 |
| 245.10% | -22.13% | 31,250,000 | HARTFORD FINANCIAL SERVIC | 44,000,000 | 12,750,000 | $22.13 | $28.42 | $973,720,000 | $362,355,000 |
| 9.50% | -19.67% | 3,800,000 | MGM MIRAGE | 43,800,000 | 40,000,000 | $9.64 | $12.00 | $422,232,000 | $480,000,000 |
| 6.89% | -3.67% | 137,800 | MEAD JOHNSON NUTRITION CL A | 2,137,800 | 2,000,000 | $50.12 | $52.03 | $107,147,000 | $104,060,000 |
| 163.85% | -24.97% | 18,629,900 | MYLAN INC. | 30,000,000 | 11,370,100 | $17.04 | $22.71 | $511,200,000 | $258,215,000 |
| 20.00% | -5.18% | 5,000,000 | NOVELL INC. | 30,000,000 | 25,000,000 | $5.68 | $5.99 | $170,400,000 | $149,750,000 |
| 46.15% | -16.85% | 7,200,000 | PFIZER INC. | 22,800,000 | 15,600,000 | $14.26 | $17.15 | $325,128,000 | $267,540,000 |
| ***** REDUCED POSITIONS | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| -19.30% | -19.67% | -19,135,000 | BOSTON SCIENTIFIC CORP | 80,000,000 | 99,135,000 | $5.80 | $7.22 | $464,000,000 | $715,755,000 |
| -23.91% | -13.09% | -1,050,021 | CIT GROUP INC | 3,341,134 | 4,391,155 | $33.86 | $38.96 | $113,131,000 | $171,079,000 |
| -33.22% | -20.42% | -8,125,127 | CONSECO INC. | 16,329,873 | 24,455,000 | $4.95 | $6.22 | $80,833,000 | $152,110,000 |
| 0.00% | -55.28% | -2 | SUPERMEDIA INC. | 2,607,504 | 2,607,506 | $18.29 | $40.90 | $47,691,000 | $106,647,000 |