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 |
NXP Semiconductors
NXPI
|
+$166M |
| 2 |
CZR
Caesars Entertainment Corporation
CZR
|
+$54.9M |
| 3 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$41.3M |
| 4 |
Lumen
LUMN
|
+$33.9M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$32.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CACQ
Caesars Acquisition Company
CACQ
|
+$281M |
| 2 |
AABA
Altaba Inc
AABA
|
+$148M |
| 3 |
Viatris
VTRS
|
+$87.5M |
| 4 |
BAC.WS.A
Bank Of America Corporation Ws A
BAC.WS.A
|
+$82.9M |
| 5 |
MNK
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
|
+$79.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 41.47% |
| 2 | Communication Services | 19.37% |
| 3 | Materials | 8.08% |
| 4 | Consumer Discretionary | 6.34% |
| 5 | Technology | 6.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
SPDR Gold Trust
GLD
$152B
| $539M | 10.52% |
4,359,722
| – | – |
|
|
2
Viatris
VTRS
$18.7B
| $526M | 10.27% |
12,429,000
-2,289,600
| -16% | -$87.5M |
|
|
SHPG
3
DELISTED
Shire pic
SHPG
| $473M | 9.24% |
3,052,200
-101,200
| -3% | -$15M |
|
4
Bausch Health
BHC
$2.41B
| $433M | 8.45% |
20,839,035
| – | – |
|
|
AGN
5
DELISTED
Allergan plc
AGN
| $311M | 6.06% |
1,898,724
-281,568
| -13% | -$50.5M |
|
6
T-Mobile US
TMUS
$196B
| $284M | 5.55% |
4,473,400
-726,600
| -14% | -$44.3M |
|
|
CZR
7
DELISTED
Caesars Entertainment Corporation
CZR
| $237M | 4.63% |
18,747,200
+4,329,300
| +30% | +$54.9M |
|
|
TWX
8
DELISTED
Time Warner Inc
TWX
| $235M | 4.59% |
2,572,500
+146,345
| +6% | +$13.8M |
|
|
DISH
9
DELISTED
DISH Network Corp.
DISH
| $199M | 3.89% |
4,176,700
-500,000
| -11% | -$24.9M |
|
10
Vistra
VST
$45.7B
| $183M | 3.58% |
10,000,000
-1,530,556
| -13% | -$28.7M |
|
|
11
NXP Semiconductors
NXPI
$56.9B
| $170M | 3.31% |
1,450,000
+1,437,500
| +11,500% | +$166M |
|
12
AngloGold Ashanti
AU
$61.3B
| $130M | 2.54% |
12,782,400
| – | – |
|
|
AABA
13
DELISTED
Altaba Inc
AABA
| $116M | 2.27% |
1,666,400
-2,132,800
| -56% | -$148M |
|
|
HZNP
14
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $115M | 2.24% |
7,870,700
+2,291,850
| +41% | +$32.2M |
|
15
TIM SA
TIMB
$8.52B
| $107M | 2.09% |
5,550,600
| – | – |
|
16
NovaGold Resources
NG
$3.83B
| $86.4M | 1.69% |
21,992,896
| – | – |
|
|
MNK
17
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $82.8M | 1.62% |
3,670,992
-2,955,680
| -45% | -$79.3M |
|
18
International Seaways
INSW
$4.93B
| $63.8M | 1.25% |
3,456,773
| – | – |
|
|
ENDP
19
DELISTED
Endo International plc
ENDP
| $55.6M | 1.09% |
7,174,490
| – | – |
|
|
MON
20
DELISTED
Monsanto Co
MON
| $49.2M | 0.96% |
421,000
+203,600
| +94% | +$24.2M |
|
21
Brookdale Senior Living
BKD
$2.82B
| $48.4M | 0.94% |
4,986,400
| – | – |
|
|
GOLD
22
DELISTED
Randgold Resources Ltd
GOLD
| $42.7M | 0.83% |
431,700
| – | – |
|
|
SNI
23
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $42.7M | 0.83% |
+500,000
| New | +$41.3M |
|
24
Chord Energy
CHRD
$8.09B
| $40.9M | 0.8% |
4,861,561
| – | – |
|
|
COL
25
DELISTED
Rockwell Collins
COL
| $35.6M | 0.69% |
262,400
+150,000
| +133% | +$20.1M |
|
Similar funds
John Paulson's Q4 2017 Portfolio in Review
As of Q4 2017, John Paulson held 66 positions worth $5.12B, down 8% from $5.57B the previous quarter. Its ten largest holdings account for 67% of the portfolio.
John Paulson withdrew a net $508M in Q4 2017, closing 12 positions and reducing 11 holdings. Its most notable exit was Caesars Acquisition Company, an estimated $281M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 41% of assets, up from 41% a quarter earlier, followed by Communication Services and Materials.
Against the trend, John Paulson opened a new position in Scripps Networks Interactive, Inc Common Class A worth $42.7M.
- John Paulson's largest Q4 2017 buy was Scripps Networks Interactive, Inc Common Class A: 500,000 shares worth $42.7M.
- John Paulson added most to NXP Semiconductors in Q4 2017, an estimated $166M increase.
- John Paulson's biggest Q4 2017 reduction was Altaba Inc, cutting an estimated $148M.
- John Paulson fully exited Caesars Acquisition Company in Q4 2017, selling an estimated $281M.
- John Paulson's ten largest holdings make up 67% of its $5.12B portfolio in Q4 2017.
- John Paulson opened 13 new positions and closed 12 in Q4 2017.
- John Paulson's portfolio value fell 8% quarter-over-quarter to $5.12B.
Based on Paulson & Co's 13F filing for Q4 2017, filed 14 Feb 2018.