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 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$71.8M |
| 2 |
VIAB
Viacom Inc. Class B
VIAB
|
+$50.8M |
| 3 |
EGN
Energen
EGN
|
+$42.4M |
| 4 |
DISH
DISH Network Corp.
DISH
|
+$35M |
| 5 |
DST
DST Systems Inc.
DST
|
+$24.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CZR
Caesars Entertainment Corporation
CZR
|
+$175M |
| 2 |
Vistra
VST
|
+$122M |
| 3 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$42.7M |
| 4 |
T-Mobile US
TMUS
|
+$42.1M |
| 5 |
Chord Energy
CHRD
|
+$40.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 39.82% |
| 2 | Communication Services | 21.47% |
| 3 | Materials | 9.31% |
| 4 | Technology | 6.65% |
| 5 | Energy | 2.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
SPDR Gold Trust
GLD
$152B
| $543M | 11.88% |
4,320,022
-39,700
| -0.9% | -$5.01M |
|
2
Viatris
VTRS
$18.7B
| $475M | 10.39% |
11,543,000
-886,000
| -7% | -$37.8M |
|
|
SHPG
3
DELISTED
Shire pic
SHPG
| $441M | 9.64% |
2,952,200
-100,000
| -3% | -$13.8M |
|
4
Bausch Health
BHC
$2.41B
| $332M | 7.25% |
20,839,035
| – | – |
|
|
AGN
5
DELISTED
Allergan plc
AGN
| $320M | 6.99% |
1,898,724
| – | – |
|
|
TWX
6
DELISTED
Time Warner Inc
TWX
| $246M | 5.38% |
2,600,500
+28,000
| +1% | +$2.64M |
|
|
7
T-Mobile US
TMUS
$196B
| $232M | 5.07% |
3,800,000
-673,400
| -15% | -$42.1M |
|
|
DISH
8
DELISTED
DISH Network Corp.
DISH
| $188M | 4.12% |
4,973,500
+796,800
| +19% | +$35M |
|
9
NXP Semiconductors
NXPI
$56.9B
| $143M | 3.13% |
1,222,869
-227,131
| -16% | -$27.4M |
|
|
AABA
10
DELISTED
Altaba Inc
AABA
| $127M | 2.77% |
1,713,541
+47,141
| +3% | +$3.55M |
|
11
AngloGold Ashanti
AU
$61.3B
| $121M | 2.65% |
12,782,400
| – | – |
|
|
HZNP
12
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $109M | 2.38% |
7,670,700
-200,000
| -3% | -$2.95M |
|
13
TIM SA
TIMB
$8.52B
| $108M | 2.37% |
5,000,000
-550,600
| -10% | -$11.6M |
|
14
NovaGold Resources
NG
$3.83B
| $95.2M | 2.08% |
21,992,896
| – | – |
|
|
DISCK
15
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $82.1M | 1.8% |
4,207,212
+3,207,212
| +321% | +$71.8M |
|
|
VIAB
16
DELISTED
Viacom Inc. Class B
VIAB
| $79.9M | 1.75% |
2,573,000
+1,573,000
| +157% | +$50.8M |
|
|
17
Vistra
VST
$45.7B
| $77M | 1.68% |
3,698,400
-6,301,600
| -63% | -$122M |
|
18
International Seaways
INSW
$4.93B
| $60.8M | 1.33% |
3,456,773
| – | – |
|
|
CZR
19
DELISTED
Caesars Entertainment Corporation
CZR
| $57.8M | 1.26% |
5,138,900
-13,608,300
| -73% | -$175M |
|
|
COL
20
DELISTED
Rockwell Collins
COL
| $57.6M | 1.26% |
427,400
+165,000
| +63% | +$22.5M |
|
|
ENDP
21
DELISTED
Endo International plc
ENDP
| $54.5M | 1.19% |
9,174,500
+2,000,010
| +28% | +$14M |
|
|
MNK
22
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $53.2M | 1.16% |
3,670,992
| – | – |
|
|
MON
23
DELISTED
Monsanto Co
MON
| $52.6M | 1.15% |
451,000
+30,000
| +7% | +$3.61M |
|
|
EGN
24
DELISTED
Energen
EGN
| $47.5M | 1.04% |
+755,000
| New | +$42.4M |
|
|
GOLD
25
DELISTED
Randgold Resources Ltd
GOLD
| $35.9M | 0.79% |
431,700
| – | – |
|
Similar funds
John Paulson's Q1 2018 Portfolio in Review
As of Q1 2018, John Paulson held 63 positions worth $4.57B, down 11% from $5.12B the previous quarter. Its ten largest holdings account for 67% of the portfolio.
John Paulson withdrew a net $317M in Q1 2018, closing 12 positions and reducing 12 holdings. Its most notable exit was Scripps Networks Interactive, Inc Common Class A, an estimated $42.7M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 40% of assets, down from 41% a quarter earlier, followed by Communication Services and Materials.
Against the trend, John Paulson opened a new position in Energen worth $47.5M.
- John Paulson's largest Q1 2018 buy was Energen: 755,000 shares worth $47.5M.
- John Paulson added most to Discovery, Inc. Series C Common Stock in Q1 2018, an estimated $71.8M increase.
- John Paulson's biggest Q1 2018 reduction was Caesars Entertainment Corporation, cutting an estimated $175M.
- John Paulson fully exited Scripps Networks Interactive, Inc Common Class A in Q1 2018, selling an estimated $42.7M.
- John Paulson's ten largest holdings make up 67% of its $4.57B portfolio in Q1 2018.
- John Paulson opened 9 new positions and closed 12 in Q1 2018.
- John Paulson's portfolio value fell 11% quarter-over-quarter to $4.57B.
Based on Paulson & Co's 13F filing for Q1 2018, filed 15 May 2018.