13F-HR/A 1 s13f_31032012submission.txt FORM 13F COVER PAGE "March 31, 2012" Check here if Amendment [Yes] ; Amendment Number: 1 This Amendment (Check only one.): [Yes] is a restatement. [ ] added new holdings entries. Institutional Investment Manager Filing this report: Name: Ruffer LLP Address: 80 Victoria Street London SW1E 5JL United Kingdom Form 13F File Number: 028-12772 The institutional investment manager filing this report and the person by whom it is signed hereby respresent that the "person signing the report is authorized to submit it, that " "all information contained herein is true, correct and" "complete, and that it is understood that all required" "items, statements, schedules, lists, and tables, are " considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Louise Stanway Title: Compliance Officer Phone: 00 44 20 7963 8146 "Signature, Place and Date of Signing:" "Louise Stanway, London United Kingdom, May 9, 2012" [ x ] 13F HOLDINGS REPORT. (Check here is all holdings of this reporting manager are reporting in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in " this report, and all holdings are reported by other " reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report & a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: None FORM 13F SUMMARY Report Summary: Number of Other Included Managers: None Form 13F Information Table Entry Total: 67 "Form 13F Information Table Value Total: $2,244,425 (thou)" FORM 13F INFORMATION TABLE AMERICAN INTL GROUP W EXP 2021 026874156 113.29 10678 SH SOLE 10678 ANNALY CAP MGMT INC COM 035710409 31315.84 1980135 SH SOLE 1980135 APPLE INC COM 037833100 613.92 1024 SH SOLE 1024 ARCH CAP GROUP LTD ORD G0450A105 544.15 14610 SH SOLE 14610 BANCORP INC DEL COM 05969A105 1390.95 138403 SH SOLE 138403 BARRICK GOLD CORP COM 067901108 48931.92 1127017 SH SOLE 1127017 BERKSHIRE HATHAWAY INC DEL CL A 084670108 3898.08 32 SH SOLE 32 BERKSHIRE HATHAWAY INC DEL CL B 084670207 1944.02 23950 SH SOLE 23950 BANK OF NEW YORK MELLON COM 064058100 3618.75 150000 SH SOLE 150000 BP PLC SPONSORED ADR 055622104 285.78 6350 SH SOLE 6350 CAREFUSION CORP COM 14170T101 1815.45 70000 SH SOLE 70000 CHIMERA INVT CORP COM 16934Q109 23862.32 8449446 SH SOLE 8449446 CISCO SYS INC COM 17275R102 241827.11 11431347 SH SOLE 11431347 CITIGROUP INC COM NEW 172967424 78725.62 2154800 SH SOLE 2154800 CLEAN DIESEL TECH COM PAR 18449C401 487.43 121707 SH SOLE 121707 CORNING INC COM 219350105 2396.15 170000 SH SOLE 170000 COWEN GROUP INC NEW CL A 223622101 1161.26 427720 SH SOLE 427720 CREXUS INVT CORP COM 226553105 5935.77 574615 SH SOLE 574615 CVS CAREMARK CORPORATION COM 126650100 1075.44 24000 SH SOLE 24000 DELL INC COM 24702R101 1576.52 95000 SH SOLE 95000 D R HORTON INC COM 23331A109 1517.5 100000 SH SOLE 100000 DR PEPPER SNAPPLE GROUP INC COM 26138E109 2358.79 58669 SH SOLE 58669 DRDGOLD LIMITED SPON ADR NEW 26152H301 253.07 34015 SH SOLE 34015 EXELON CORP COM 30161N101 13264.16 338330 SH SOLE 338330 EXXON MOBIL CORP COM 30231G102 319.02 3680 SH SOLE 3680 GENERAL ELECTRIC CO COM 369604103 1070.63 53305 SH SOLE 53305 Gold Fields Ltd SPONS ADR 38059T106 75519.58 5431110 SH SOLE 5431110 GOOGLE INC CL A 38259P508 293798.66 458055 SH SOLE 458055 IAMGOLD CORP COM 450913108 4919.15 370000 SH SOLE 370000 INTERNATIONAL BUSINESS MACHS COM 459200101 260.98 1250 SH SOLE 1250 JOHNSON & JOHNSON COM 478160104 410603.55 6223837 SH SOLE 6223837 JPMORGAN CHASE & CO COM 46625H100 302096.99 6576232 SH SOLE 6576232 KINROSS GOLD CORP COM NO PAR 496902404 3270.14 335000 SH SOLE 335000 KKR FINANCIAL HLDGS LLC COM 48248A306 471.91 31800 SH SOLE 31800 KOREA ELECTRIC PWR SPONSORED ADR 500631106 384.33 39520 SH SOLE 39520 KRAFT FOODS INC CL A 50075N104 175644.11 4620424 SH SOLE 4620424 KROGER CO COM 501044101 5203.8 214634 SH SOLE 214634 M & T BK CORP COM 55261F104 19956.24 229815 SH SOLE 229815 MARKET VECTORS ETF TR JR GOLD M E 57060U589 30.93 1260 SH SOLE 87900 MARSH & MCLENNAN COS INC COM 571748102 342.71 10450 SH SOLE 10450 MARTIN MARIETTA MATLS INC COM 573284106 770.94 9000 SH SOLE 9000 MDC PARTNERS INC CL A SUB VTG 552676108 1845.42 71500 SH SOLE 71500 MEDTRONIC INC COM 585055106 1495.34 38200 SH SOLE 38200 MERCK & CO INC NEW COM 58933Y105 209760.33 5466103 SH SOLE 5466103 NEWMONT MINING COM 651639106 9388.31 183115 SH SOLE 183115 NORTHERN TR CORP COM 665859104 1660.4 35000 SH SOLE 35000 NOVARTIS A G SPONSORED ADR 66987V109 10358.86 187000 SH SOLE 187000 PEPSICO INC COM 713448108 2123.04 32000 SH SOLE 32000 PFIZER INC COM 717081103 569.18 25135 SH SOLE 25135 PHILIP MORRIS INTL INC COM 718172109 274.68 3100 SH SOLE 3100 PROCTER & GAMBLE CO COM 742718109 3518.97 52350 SH SOLE 52350 PUBLIC SVC ENTERPRISE GROUP COM 744573106 1331.75 43500 SH SOLE 43500 RACKSPACE HOSTING COM 750086100 1040.58 18000 SH SOLE 18000 REDWOOD TR INC COM 758075402 401.42 35825 SH SOLE 35825 REPUBLIC SVCS INC COM 760759100 1221.8 40000 SH SOLE 40000 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 486.55 6895 SH SOLE 6895 RYLAND GROUP INC COM 783764103 1214.96 63000 SH SOLE 63000 SAIC INC COM 78390X101 1187.55 90000 SH SOLE 90000 TAIWAN SEMICOND MFG SPONS ADR 874039100 371.18 24300 SH SOLE 24300 TEXAS INSTRS INC COM 882508104 26344.26 783717 SH SOLE 783717 UNITED TECHNOLOGIES CORP COM 913017109 257.08 3100 SH SOLE 3100 BANCORP DEL COM NEW 902973304 791.38 25000 SH SOLE 25000 VIACOM INC NEW CL B 92553P201 1642.29 34600 SH SOLE 34600 VODAFONE GROUP NEW SPONS ADR NEW 92857W209 309.49 11187 SH SOLE 11187 WALGREEN CO COM 931422109 2372.12 70820 SH SOLE 70820 WAL MART STORES INC COM 931142103 198599.32 3247485 SH SOLE 3247485 YAHOO INC COM 984332106 2282.25 150000 SH SOLE 150000