Items Tagged With AAUK

This is the ongoing list of my top holdings. 

For the first list by ticker see my May List. 

Top Ten Listed/Tradeable Holdings as of June month end (prices as of July 3, 2007):

Ishares Inflation Protected Treasuries ETF (TIP - $98.51)
Chevron Corp (CVX - $86.44)
Berkshire Hathaway (BRK/A - $110,000)
Conoco Philips (COP - $80.45)
B P Prudhoe Bay Oil RoyaltyTrust (BPT - $74.09)
Pfizer Inc (PFE - $25.82)
Usiminas S.A. Brazil ADR (USNZY - $58.75)
Amgen Inc (AMGN - $58.75)
Anglo America PLC UK ADR (AAUK - $55.13)
Vanguard Pacific ETF (VPL - $71.86)

Top Fifteen Listed/Tradable Holdings as of June month end (prices as of August 6, 2007):

1. Ishares Inflation Protected Treasuries ETF (TIP - $102.03)
2. Chevron Corp (CVX - $93.58)
3. Berkshire Hathaway (BRK/A - $118,510)
4. Conoco Philips (COP - $87.77)
5. B P Prudhoe Bay Oil RoyaltyTrust (BPT - $75.11)
6. Usiminas S.A. Brazil ADR (USNZY - $70.70)
7. Citigroup (C- $46.67)
8. Freeport Mcmoran Copper & Gold (FCX - $104.89)
9. Vanguard Pacific ETF (VPL - $72.84)
10. 3M (MMM - $87.18)
11. Anglo America PLC UK ADR (AAUKD - $33,45)
12. Chubb Corp (CB - $53.64) - new addition.
13. Bank Of America (BAC - $50.27)
14. General Electric (GE - $41.40)
15. Pfizer Inc (PFE - $23.82)

Off the top ten list since end of July:

Intel (INTC - $24.04) (part of options cocktail mention and part outright position) sold unhedged position

Amgen Inc (AMGN - $56.57) - sold 1/4 of position.

1. Berkshire Hathaway (BRK/A - $147,500) (up from #3) - Wish I owned more.  This just keeps going up huge. The stock is benefiting from the earnings momentum in Property and Casualty insurance plus it's considered a safe place to hide given Warren Buffett's disklike of complex derivatives.

2. Chevron Corp (CVX - $89.04)  (same at #2).  Even with oil down the stock is still cheap. And since I don't like Exxon (XOM) for many reasons, Chevron and Conoco (COP) make up my oil exposure. 

3. Ishares Inflation Protected Treasuries ETF (TIP - $105.35) (down from #1) - I've sold some TIP at 106.75.  Plus some of the calls I wrote against the position have been excercised against me.  While I still think TIPS should make up an important part of any portoflio right now, I'm waiting for a pullback after my sales to pick up some more.

4. Conoco Philips (COP - $81.36 ) (same at #4) See my comments on CVX.  They have been getting some positive press because of their refineries that are projected to have better margins with oil prices falling in the last month.

5. B P Prudhoe Bay Oil RoyaltyTrust (BPT - $74.03)  (same at #5) This is an embarrassment of riches.  I wouldn't buy this now but I have so much in capital gains this year that I can't sell till 2008.  As the royalty owner of the oil under the ground in Alaska, BPT is my least socially conscious investment.

6. Citigroup (C- $33.69) (up from #7): The stock falls, I buy more.  Abu Dabi buys more.  People who average down are buying more.  I've had my fill.  Stock will rally on a CEO being chosen.  My favorite choice for CEO is my old boss at Morgan Stanley (MS), Vikram Pandit.