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 |
Bausch Health
BHC
|
+$1.54B |
| 2 |
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
|
+$1B |
| 3 |
Viatris
VTRS
|
+$492M |
| 4 |
AGN
Allergan plc
AGN
|
+$457M |
| 5 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
|
+$950M |
| 2 |
TLM
TALISMAN ENERGY INC
TLM
|
+$537M |
| 3 |
HMHC
Houghton Mifflin Harcourt Company
HMHC
|
+$463M |
| 4 |
SHPG
Shire pic
SHPG
|
+$306M |
| 5 |
MNK
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
|
+$230M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 43.37% |
| 2 | Communication Services | 14.58% |
| 3 | Real Estate | 6.87% |
| 4 | Technology | 6.16% |
| 5 | Consumer Discretionary | 5.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
1
DELISTED
Allergan plc
AGN
| $2.18B | 10.04% |
7,174,200
+1,533,412
| +27% | +$457M |
|
|
2
Bausch Health
BHC
$2.41B
| $2B | 9.22% |
9,000,000
+6,950,000
| +339% | +$1.54B |
|
|
SHPG
3
DELISTED
Shire pic
SHPG
| $1.71B | 7.9% |
7,095,100
-1,233,204
| -15% | -$306M |
|
|
4
Viatris
VTRS
$18.7B
| $1.49B | 6.86% |
21,913,061
+6,964,661
| +47% | +$492M |
|
|
TWC
5
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $1.45B | 6.67% |
8,123,000
-573,000
| -7% | -$94.9M |
|
|
DTV
6
DELISTED
DIRECTV COM STK (DE)
DTV
| $1.06B | 4.88% |
11,400,000
| – | – |
|
7
SPDR Gold Trust
GLD
$152B
| $1.04B | 4.79% |
9,234,852
-1,000,000
| -10% | -$114M |
|
|
HOT
8
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $973M | 4.49% |
+11,999,400
| New | +$1B |
|
9
T-Mobile US
TMUS
$196B
| $924M | 4.26% |
23,844,900
| – | – |
|
10
American International
AIG
$39.8B
| $903M | 4.16% |
14,603,200
| – | – |
|
|
STAY
11
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $895M | 4.13% |
47,661,591
| – | – |
|
|
MNK
12
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $776M | 3.58% |
6,594,193
-1,866,100
| -22% | -$230M |
|
|
GRFS
13
Grifois
GRFS
$5.44B
| $552M | 2.55% |
35,642,080
+38,600
| +0.1% | +$626K |
|
14
HCA Healthcare
HCA
$92.9B
| $427M | 1.97% |
4,711,900
| – | – |
|
|
WLL
15
DELISTED
Whiting Petroleum Corporation
WLL
| $417M | 1.92% |
41,395
-100
| -0.2% | -$1.04M |
|
|
CIE
16
DELISTED
Cobalt International Energy, Inc
CIE
| $405M | 1.87% |
2,783,407
| – | – |
|
|
HOUS
17
DELISTED
Anywhere Real Estate
HOUS
| $329M | 1.52% |
7,042,300
-99,500
| -1% | -$4.63M |
|
|
HMHC
18
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $308M | 1.42% |
12,229,224
-18,683,334
| -60% | -$463M |
|
|
CVC
19
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $297M | 1.37% |
12,400,000
+4,000,000
| +48% | +$86.8M |
|
|
CSC
20
DELISTED
Computer Sciences
CSC
| $279M | 1.28% |
10,073,385
+154,245
| +2% | +$4.32M |
|
21
AngloGold Ashanti
AU
$61.3B
| $233M | 1.07% |
26,027,300
-178,100
| -0.7% | -$1.81M |
|
|
BRCM
22
DELISTED
BROADCOM CORP CL-A
BRCM
| $216M | 1% |
+4,196,500
| New | +$204M |
|
23
Post Holdings
POST
$3.65B
| $155M | 0.72% |
4,394,528
+459,317
| +12% | +$14.2M |
|
24
Chord Energy
CHRD
$8.09B
| $139M | 0.64% |
8,774,466
-31,100
| -0.4% | -$524K |
|
25
MGIC Investment
MTG
$6.34B
| $135M | 0.62% |
11,902,500
-999,981
| -8% | -$10.7M |
|
Similar funds
John Paulson's Q2 2015 Portfolio in Review
As of Q2 2015, John Paulson held 68 positions worth $21.7B, up 10% from $19.6B the previous quarter. Its ten largest holdings account for 63% of the portfolio.
John Paulson deployed $1.12B of net new capital in Q2 2015, opening 7 new positions and adding to 15 existing holdings. Its largest new stake was STARWOOD HOTELS & RESORTS WORLDWIDE, INC.: 11,999,400 shares worth $973M.
By sector, the portfolio is most concentrated in Healthcare at 43% of assets, up from 36% a quarter earlier, followed by Communication Services and Real Estate.
On the sell side, the largest reduction was Houghton Mifflin Harcourt Company, an estimated $463M trimmed.
- John Paulson's largest Q2 2015 buy was STARWOOD HOTELS & RESORTS WORLDWIDE, INC.: 11,999,400 shares worth $973M.
- John Paulson added most to Bausch Health in Q2 2015, an estimated $1.54B increase.
- John Paulson's biggest Q2 2015 reduction was Houghton Mifflin Harcourt Company, cutting an estimated $463M.
- John Paulson fully exited SALIX PHARMACEUTICALS LTD DEL in Q2 2015, selling an estimated $950M.
- John Paulson's ten largest holdings make up 63% of its $21.7B portfolio in Q2 2015.
- John Paulson opened 7 new positions and closed 7 in Q2 2015.
- John Paulson's portfolio value rose 10% quarter-over-quarter to $21.7B.
Based on Paulson & Co's 13F filing for Q2 2015, filed 14 Aug 2015.