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 |
AABA
Altaba Inc
AABA
|
+$377M |
| 2 |
AGN
Allergan plc
AGN
|
+$111M |
| 3 |
CPE
Callon Petroleum Company
CPE
|
+$105M |
| 4 |
ONCE
Spark Therapeutics, Inc. Common Stock
ONCE
|
+$68.1M |
| 5 |
PSDO
Presidio, Inc. Common Stock
PSDO
|
+$39.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
APC
Anadarko Petroleum
APC
|
+$305M |
| 2 |
ARRY
Array Biopharma Inc
ARRY
|
+$152M |
| 3 |
T-Mobile US
TMUS
|
+$150M |
| 4 |
Lyft
LYFT
|
+$127M |
| 5 |
BID
Sotheby's
BID
|
+$87.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 46.7% |
| 2 | Communication Services | 12.55% |
| 3 | Materials | 11.51% |
| 4 | Technology | 3.99% |
| 5 | Financials | 3.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
SPDR Gold Trust
GLD
$152B
| $600M | 12.01% |
4,320,022
| – | – |
|
|
AGN
2
DELISTED
Allergan plc
AGN
| $493M | 9.88% |
2,932,170
+682,670
| +30% | +$111M |
|
3
Bausch Health
BHC
$2.41B
| $455M | 9.12% |
20,839,035
| – | – |
|
|
CELG
4
DELISTED
Celgene Corp
CELG
| $317M | 6.35% |
3,194,678
-155,322
| -5% | -$14.8M |
|
|
DISCK
5
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $269M | 5.39% |
10,922,500
| – | – |
|
6
Viatris
VTRS
$18.7B
| $237M | 4.76% |
12,005,400
+1,000,000
| +9% | +$19.6M |
|
7
AngloGold Ashanti
AU
$61.3B
| $234M | 4.68% |
12,782,400
| – | – |
|
8
Takeda Pharmaceutical
TAK
$58.1B
| $228M | 4.56% |
13,244,711
| – | – |
|
|
HZNP
9
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $222M | 4.46% |
8,170,700
+1,500,000
| +22% | +$38.8M |
|
|
AAMI
10
Acadian Asset Management
AAMI
$3.28B
| $198M | 3.97% |
20,000,552
| – | – |
|
|
DISH
11
DELISTED
DISH Network Corp.
DISH
| $169M | 3.39% |
4,973,500
| – | – |
|
|
AABA
12
DELISTED
Altaba Inc
AABA
| $148M | 2.97% |
7,605,722
+5,705,559
| +300% | +$377M |
|
|
WCG
13
DELISTED
Wellcare Health Plans, Inc.
WCG
| $145M | 2.91% |
561,397
-26,303
| -4% | -$7.26M |
|
|
ONCE
14
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $139M | 2.79% |
1,437,666
+679,859
| +90% | +$68.1M |
|
15
NovaGold Resources
NG
$3.83B
| $133M | 2.67% |
21,992,896
| – | – |
|
16
PUT
Tesla
TSLA
$1.43T
| $120M | 2.41% |
7,500,000
-547,500
| -7% | -$8.57M |
|
|
BID
17
DELISTED
Sotheby's
BID
| $106M | 2.11% |
1,853,157
-1,514,643
| -45% | -$87.7M |
|
|
CPE
18
DELISTED
Callon Petroleum Company
CPE
| $93.7M | 1.88% |
+2,159,352
| New | +$105M |
|
|
S
19
DELISTED
Sprint Corporation
S
| $77.7M | 1.56% |
12,585,700
+4,585,700
| +57% | +$31.6M |
|
20
Pacira BioSciences
PCRX
$983M
| $65.4M | 1.31% |
1,716,727
+757,730
| +79% | +$30.2M |
|
21
TIM SA
TIMB
$8.52B
| $53.4M | 1.07% |
3,720,000
-1,280,000
| -26% | -$19.3M |
|
|
VSM
22
DELISTED
Versum Materials, Inc.
VSM
| $52.9M | 1.06% |
1,000,000
| – | – |
|
|
VIAB
23
DELISTED
Viacom Inc. Class B
VIAB
| $51.7M | 1.03% |
2,150,000
+827,000
| +63% | +$23.1M |
|
|
PSDO
24
DELISTED
Presidio, Inc. Common Stock
PSDO
| $44.8M | 0.9% |
+2,650,000
| New | +$39.5M |
|
|
B
25
Barrick Mining
B
$78.3B
| $35.3M | 0.71% |
2,036,752
+4,095
| +0.2% | +$72.3K |
|
Similar funds
John Paulson's Q3 2019 Portfolio in Review
As of Q3 2019, John Paulson held 54 positions worth $4.99B, down 15% from $5.88B the previous quarter. Its ten largest holdings account for 65% of the portfolio.
John Paulson withdrew a net $318M in Q3 2019, closing 9 positions and reducing 10 holdings. Its most notable exit was Anadarko Petroleum, an estimated $305M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 47% of assets, up from 39% a quarter earlier, followed by Communication Services and Materials.
Against the trend, John Paulson opened a new position in Callon Petroleum Company worth $93.7M.
- John Paulson's largest Q3 2019 buy was Callon Petroleum Company: 2,159,352 shares worth $93.7M.
- John Paulson added most to Altaba Inc in Q3 2019, an estimated $377M increase.
- John Paulson's biggest Q3 2019 reduction was T-Mobile US, cutting an estimated $150M.
- John Paulson fully exited Anadarko Petroleum in Q3 2019, selling an estimated $305M.
- John Paulson's ten largest holdings make up 65% of its $4.99B portfolio in Q3 2019.
- John Paulson opened 3 new positions and closed 9 in Q3 2019.
- John Paulson's portfolio value fell 15% quarter-over-quarter to $4.99B.
Based on Paulson & Co's 13F filing for Q3 2019, filed 14 Nov 2019.