John Paulson Paulson & Co
John Paulson is the founder of Paulson & Co., a firm that became world-famous for profits related to the 2007–2008 housing and credit crisis. Beyond that landmark trade, the firm has pursued merger arbitrage, event-driven, and opportunistic credit and equity strategies. Paulson remains one of the most recognized names in modern hedge fund history.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vodafone
VOD
|
+$533M |
| 2 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$450M |
| 3 |
S
Sprint Corporation
S
|
+$373M |
| 4 |
FDO
FAMILY DOLLAR STORES
FDO
|
+$269M |
| 5 |
MNK
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FON
SPRINT CORP FON COM
FON
|
+$1.4B |
| 2 |
SFD
SMITHFIELD FOODS,INC
SFD
|
+$164M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$108M |
| 4 |
LEAP
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
|
+$83.5M |
| 5 |
RUE
RUE21 INC COM STK (DE)
RUE
|
+$82.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 18.2% |
| 2 | Healthcare | 15.63% |
| 3 | Financials | 12.45% |
| 4 | Energy | 9.65% |
| 5 | Materials | 8.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
SPDR Gold Trust
GLD
$152B
| $1.31B | 8.46% |
10,234,852
| – | – |
|
|
FDO
2
DELISTED
FAMILY DOLLAR STORES
FDO
| $811M | 5.23% |
11,265,600
+3,822,000
| +51% | +$269M |
|
|
3
Vodafone
VOD
$36.9B
| $704M | 4.53% |
19,620,000
+16,864,469
| +612% | +$533M |
|
4
MGM Resorts International
MGM
$11B
| $609M | 3.93% |
29,800,000
-4,200,000
| -12% | -$73.1M |
|
|
GRFS
5
Grifois
GRFS
$5.44B
| $601M | 3.87% |
39,676,214
+103,656
| +0.3% | +$1.61M |
|
6
Thermo Fisher Scientific
TMO
$233B
| $526M | 3.39% |
5,710,900
| – | – |
|
|
HOUS
7
DELISTED
Anywhere Real Estate
HOUS
| $516M | 3.33% |
12,000,000
-957,700
| -7% | -$43.3M |
|
8
Freeport-McMoran
FCX
$110B
| $513M | 3.31% |
15,505,982
| – | – |
|
|
AET
9
DELISTED
Aetna Inc
AET
| $512M | 3.3% |
7,997,107
+1,490,507
| +23% | +$95.6M |
|
10
T-Mobile US
TMUS
$196B
| $505M | 3.25% |
19,435,149
+2,760,700
| +17% | +$67.5M |
|
11
Viatris
VTRS
$18.7B
| $463M | 2.99% |
12,139,300
| – | – |
|
|
TWC
12
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $446M | 2.88% |
+4,000,000
| New | +$450M |
|
13
AngloGold Ashanti
AU
$61.3B
| $417M | 2.69% |
31,424,135
+3,488,635
| +12% | +$46.7M |
|
|
HES
14
DELISTED
Hess
HES
| $360M | 2.32% |
4,648,600
| – | – |
|
|
CVC
15
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $354M | 2.28% |
21,000,000
| – | – |
|
|
S
16
DELISTED
Sprint Corporation
S
| $352M | 2.27% |
+56,628,439
| New | +$373M |
|
|
SHPG
17
DELISTED
Shire pic
SHPG
| $341M | 2.2% |
2,843,500
| – | – |
|
|
PXD
18
DELISTED
Pioneer Natural Resource Co.
PXD
| $340M | 2.19% |
1,800,000
-635,200
| -26% | -$108M |
|
19
AMC Global Media
AMCX
$511M
| $339M | 2.18% |
4,945,600
| – | – |
|
|
KOG
20
DELISTED
KODIAK OIL & GAS CORP
KOG
| $314M | 2.02% |
26,000,001
+11,041,601
| +74% | +$111M |
|
|
CIE
21
DELISTED
Cobalt International Energy, Inc
CIE
| $289M | 1.86% |
774,593
-160,000
| -17% | -$64.7M |
|
|
MNK
22
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $249M | 1.6% |
+5,640,000
| New | +$248M |
|
23
Popular Inc
BPOP
$10.8B
| $232M | 1.5% |
8,845,448
| – | – |
|
|
CZR
24
DELISTED
Caesars Entertainment Corporation
CZR
| $230M | 1.48% |
11,662,651
-358,000
| -3% | -$6.73M |
|
25
Equinix
EQIX
$105B
| $220M | 1.42% |
1,200,000
+200,000
| +20% | +$36.2M |
|
Similar funds
John Paulson's Q3 2013 Portfolio in Review
As of Q3 2013, John Paulson held 100 positions worth $15.5B, up 9.4% from $14.2B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
John Paulson's Q3 2013 filing shows 9 new, 12 increased, 12 reduced and 13 closed positions. Its largest new stake was TIME WARNER CABLE INC NEW COM STK: 4,000,000 shares worth $446M. The largest sale was SPRINT CORP FON COM, an estimated $1.4B.
By sector, the portfolio is most concentrated in Communication Services at 18% of assets, down from 19% a quarter earlier, followed by Healthcare and Financials.
- John Paulson's largest Q3 2013 buy was TIME WARNER CABLE INC NEW COM STK: 4,000,000 shares worth $446M.
- John Paulson added most to Vodafone in Q3 2013, an estimated $533M increase.
- John Paulson's biggest Q3 2013 reduction was Pioneer Natural Resource Co., cutting an estimated $108M.
- John Paulson fully exited SPRINT CORP FON COM in Q3 2013, selling an estimated $1.4B.
- John Paulson's ten largest holdings make up 43% of its $15.5B portfolio in Q3 2013.
- John Paulson opened 9 new positions and closed 13 in Q3 2013.
- John Paulson's portfolio value rose 9.4% quarter-over-quarter to $15.5B.
Based on Paulson & Co's 13F filing for Q3 2013, filed 14 Nov 2013.