Investments included in the Djerriwarrh’s portfolio
are selected for their profitability and long-term growth prospects.
A list of Djerriwarrh’s 20 largest holdings as at 30 June 2010 is set out in the following table.
Top 20 Investments – Ordinary
Securities
Valued
at closing prices at 30 June 2010
Total Value
$ million
1*
BHP
BHP Billiton
94.4
2*
WBC
Westpac Banking Corporation
65.5
3*
CBA
Commonwealth Bank of Australia
44.1
4
TLS
Telstra Corporation
43.1
5*
NAB
National Australia Bank
40.9
6*
WPL
Woodside Petroleum
38.4
7*
ANZ
Australia and New Zealand Banking Group
33.2
8*
OSH
Oil Search
28.7
9*
STO
Santos
21.2
10*
QBE
QBE Insurance Group
20.3
11*
WOW
Woolworths
19.8
12*
RIO
Rio Tinto
19.7
13*
AMP
AMP
18.5
14*
TCL
Transurban group
16.9
15*
BXB
Brambles
16.0
16
HDF
Hatsings Diversified Utilities Fund
14.9
17
WAN
West Australian Newspapers Holdings
14.7
18
AXA
AXA Asia pacific Holdings
14.0
19
ORG
Origin Energy
13.9
20*
WES
Westfarmers (a)
12.2
Total
590.3
As % of Total Portfolio Value
Excludes cash and bank bills
82.0%
*Indicates that options were outstanding against part or all of the holding
(a) Includes $3.8m WESN partially protected securities
Note: Options
As part of our activities, the Company sells call options and put
options. We may sell call options, but only against part or all
of particular securities held by the Company. Put options are sold
as an opportunity to acquire stock at advantageous prices. We have
cash or undrawn banking facilities available to buy the underlying
securities if all puts are exercised.
