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 |
Hewlett Packard
HPE
|
+$127M |
| 2 |
Biogen
BIIB
|
+$54.8M |
| 3 |
Dell
DELL
|
+$53.1M |
| 4 |
Steris
STE
|
+$22M |
| 5 |
eBay
EBAY
|
+$19M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
|
+$333M |
| 2 |
EMC
EMC CORPORATION
EMC
|
+$273M |
| 3 |
SHPG
Shire pic
SHPG
|
+$103M |
| 4 |
GRFS
Grifois
GRFS
|
+$80.1M |
| 5 |
STAY
Extended Stay America, Inc. Paired Share Unit
STAY
|
+$72.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 58.4% |
| 2 | Consumer Discretionary | 10.67% |
| 3 | Financials | 6.73% |
| 4 | Materials | 5.63% |
| 5 | Technology | 4.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SHPG
1
DELISTED
Shire pic
SHPG
| $905M | 9.81% |
4,667,800
-526,800
| -10% | -$103M |
|
|
AGN
2
DELISTED
Allergan plc
AGN
| $896M | 9.71% |
3,891,134
-57,317
| -1% | -$14M |
|
3
Viatris
VTRS
$18.7B
| $831M | 9.01% |
21,811,661
-216,400
| -1% | -$9.62M |
|
4
Teva Pharmaceuticals
TEVA
$43.5B
| $740M | 8.02% |
16,076,900
-696,900
| -4% | -$36.4M |
|
5
SPDR Gold Trust
GLD
$152B
| $600M | 6.5% |
4,775,012
| – | – |
|
|
MNK
6
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $556M | 6.03% |
7,974,472
-396,608
| -5% | -$28.7M |
|
7
American International
AIG
$39.8B
| $538M | 5.83% |
9,060,100
| – | – |
|
|
STAY
8
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $535M | 5.8% |
37,678,258
-4,983,333
| -12% | -$72.4M |
|
9
Bausch Health
BHC
$2.41B
| $463M | 5.02% |
18,871,000
-201,000
| -1% | -$5.2M |
|
|
AKRX
10
DELISTED
Akorn Inc
AKRX
| $245M | 2.65% |
8,974,400
-38,500
| -0.4% | -$1.14M |
|
11
AngloGold Ashanti
AU
$61.3B
| $203M | 2.21% |
12,782,400
-37,700
| -0.3% | -$716K |
|
|
CACQ
12
DELISTED
Caesars Acquisition Company
CACQ
| $163M | 1.77% |
13,117,998
-23,100
| -0.2% | -$267K |
|
|
ENDP
13
DELISTED
Endo International plc
ENDP
| $160M | 1.74% |
7,953,900
-1,002,400
| -11% | -$19.9M |
|
14
NovaGold Resources
NG
$3.83B
| $143M | 1.55% |
25,602,996
-102,400
| -0.4% | -$637K |
|
|
VMW
15
DELISTED
VMware, Inc
VMW
| $140M | 1.52% |
1,914,015
-58,085
| -3% | -$4.09M |
|
|
16
Hewlett Packard
HPE
$70.8B
| $136M | 1.47% |
+10,259,855
| New | +$127M |
|
|
SGYP
17
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $134M | 1.45% |
24,228,655
-3,528,013
| -13% | -$16.5M |
|
|
HOUS
18
DELISTED
Anywhere Real Estate
HOUS
| $124M | 1.34% |
4,785,000
| – | – |
|
|
CZR
19
DELISTED
Caesars Entertainment Corporation
CZR
| $107M | 1.16% |
14,417,900
-23,100
| -0.2% | -$166K |
|
|
20
Biogen
BIIB
$32B
| $96.4M | 1.04% |
308,000
+184,900
| +150% | +$54.8M |
|
|
ACAS
21
DELISTED
American Capital Ltd
ACAS
| $73.2M | 0.79% |
4,331,200
+106,300
| +3% | +$1.76M |
|
22
TIM SA
TIMB
$8.52B
| $70M | 0.76% |
5,719,000
-141,300
| -2% | -$1.74M |
|
23
Agnico Eagle Mines
AEM
$109B
| $68.3M | 0.74% |
1,260,600
| – | – |
|
|
WLH
24
DELISTED
WILLIAM LYON HOMES
WLH
| $61.6M | 0.67% |
3,322,666
| – | – |
|
25
Chord Energy
CHRD
$8.09B
| $59.7M | 0.65% |
5,208,100
-79,067
| -1% | -$723K |
|
Similar funds
John Paulson's Q3 2016 Portfolio in Review
As of Q3 2016, John Paulson held 107 positions worth $9.23B, down 6.2% from $9.84B the previous quarter. Its ten largest holdings account for 68% of the portfolio.
John Paulson withdrew a net $895M in Q3 2016, closing 13 positions and reducing 40 holdings. Its most notable exit was STARWOOD HOTELS & RESORTS WORLDWIDE, INC., an estimated $333M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 58% of assets, up from 55% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, John Paulson opened a new position in Hewlett Packard worth $136M.
- John Paulson's largest Q3 2016 buy was Hewlett Packard: 10,259,855 shares worth $136M.
- John Paulson added most to Biogen in Q3 2016, an estimated $54.8M increase.
- John Paulson's biggest Q3 2016 reduction was Shire pic, cutting an estimated $103M.
- John Paulson fully exited STARWOOD HOTELS & RESORTS WORLDWIDE, INC. in Q3 2016, selling an estimated $333M.
- John Paulson's ten largest holdings make up 68% of its $9.23B portfolio in Q3 2016.
- John Paulson opened 21 new positions and closed 13 in Q3 2016.
- John Paulson's portfolio value fell 6.2% quarter-over-quarter to $9.23B.
Based on Paulson & Co's 13F filing for Q3 2016, filed 14 Nov 2016.