February 27, 2009

What They're Buying

Signs of caution were evident in their buying activity last quarter, but that didn't keep SuperInvestors from making a number of contrarian bets, including Aetna, SLM and Marathon Oil.

	Table:		Cautious and Contrary

	Table:		Biggest New Bets

What They're Selling

While core holdings such as Microsoft and American Express were cut back, SuperInvestors turned their backs more fully on such one-time stalwarts as Berkshire Hathaway, Pfizer and Goldman Sachs.

	Table:		Cutting Back

	Table:		Selling Out

What They Own

Once considered the bluest of blue chips, many frequently owned holdings of star investors – such as Comcast, WellPoint and Dell – feel a lot more today like turnarounds.

	Table:		Less-Blue Chips

	Table:		Portfolio Anchors

Stock Spotlight

Signs of the times: Two of the most popular bets made last quarter by SuperInvestors use ETFs that could pay off handsomely under a variety of future economic scenarios – most of them bad.

Companies in this Issue

A – E

Aetna, Alcoa, America Movil, American Express, American Tower, AmerisourceBergen, Amgen, Atlas Energy Resources, AutoZone, Barnes & Noble, Berkshire Hathaway, Coca-Cola, Comcast, Constellation Energy, Dell, Dr Pepper Snapple, Eaton, Exelon

F – J

Fastenal, Genentech, General Growth Properties, Genworth Financial, Goldman Sachs, Guaranty Financial, Hansen Natural, Hilltop Holdings, Ingersoll-Rand, JPMorgan Chase

K – O

Marathon Oil, Microsoft, News Corp., Occidental Petroleum, Omnicare, Omnicom, Oracle

P – T

PHH Corp., Pfizer, Potash Corp. of Saskatchewan, ProShares UltraShort 20 Year Treasury, SAIC, SLM, SPDR Gold Trust, Sara Lee, SunPower, Target, Time Warner, Transocean

U – Z

Union Pacific, UnitedHealth, WHX Corp., WellPoint, Willis Group, Yahoo