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 |
CLDR
Cloudera, Inc.
CLDR
|
+$72.8M |
| 2 |
PPTA
Perpetua Resources
PPTA
|
+$21.4M |
| 3 |
DIDI
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
|
+$15.3M |
| 4 |
STMP
Stamps.com, Inc.
STMP
|
+$1.29M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$189M |
| 2 |
DISH
DISH Network Corp.
DISH
|
+$140M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$41.7M |
| 4 |
KSU
Kansas City Southern
KSU
|
+$39M |
| 5 |
Occidental Petroleum
OXY
|
+$33.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 43.77% |
| 2 | Materials | 19.24% |
| 3 | Financials | 14.89% |
| 4 | Energy | 9.55% |
| 5 | Technology | 4.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Bausch Health
BHC
$2.41B
| $720M | 20.5% |
25,839,035
| – | – |
|
|
HZNP
2
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $676M | 19.25% |
6,169,296
-1,822,144
| -23% | -$189M |
|
|
AAMI
3
Acadian Asset Management
AAMI
$3.28B
| $523M | 14.89% |
20,000,552
| – | – |
|
4
NovaGold Resources
NG
$3.83B
| $153M | 4.36% |
22,226,300
| – | – |
|
|
PPTA
5
Perpetua Resources
PPTA
$3.21B
| $123M | 3.51% |
24,771,542
+3,835,810
| +18% | +$21.4M |
|
|
6
Occidental Petroleum
OXY
$61.3B
| $111M | 3.16% |
3,750,000
-1,250,000
| -25% | -$33.4M |
|
|
DIDI
7
DELISTED
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
| $99M | 2.82% |
12,703,049
+1,621,145
| +15% | +$15.3M |
|
8
AngloGold Ashanti
AU
$61.3B
| $95.5M | 2.72% |
5,974,331
| – | – |
|
|
B
9
Barrick Mining
B
$78.3B
| $82.1M | 2.34% |
4,546,771
| – | – |
|
10
Thryv Holdings
THRY
$92.4M
| $79.2M | 2.26% |
2,636,475
-169,058
| -6% | -$5.3M |
|
|
CLDR
11
DELISTED
Cloudera, Inc.
CLDR
| $73.3M | 2.09% |
+4,588,827
| New | +$72.8M |
|
12
Pacira BioSciences
PCRX
$983M
| $70.5M | 2.01% |
1,259,518
-13,643
| -1% | -$786K |
|
13
ExxonMobil
XOM
$679B
| $66.2M | 1.89% |
1,125,000
-375,000
| -25% | -$21.4M |
|
14
APA Corp
APA
$15.2B
| $64.3M | 1.83% |
3,000,000
-1,000,000
| -25% | -$19.1M |
|
|
ENDP
15
DELISTED
Endo International plc
ENDP
| $56.1M | 1.6% |
17,327,012
-1,000,000
| -5% | -$3.53M |
|
|
KL
16
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $54.2M | 1.54% |
1,302,853
-200,000
| -13% | -$8.12M |
|
17
Bally's
BALY
$516M
| $50.1M | 1.43% |
1,000,000
| – | – |
|
|
THM
18
International Tower Hill Mines
THM
$735M
| $46M | 1.31% |
61,930,724
| – | – |
|
|
RDS.A
19
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $44.6M | 1.27% |
1,000,000
-1,033,978
| -51% | -$41.7M |
|
20
TIM SA
TIMB
$8.52B
| $41.9M | 1.19% |
3,900,000
| – | – |
|
21
Newmark Group
NMRK
$2.94B
| $33.2M | 0.95% |
2,323,254
-59,800
| -3% | -$771K |
|
22
VanEck Oil Services ETF
OIH
$1.95B
| $32.5M | 0.93% |
165,000
-55,000
| -25% | -$10.5M |
|
|
SA
23
Seabridge Gold
SA
$3.25B
| $32M | 0.91% |
2,070,000
| – | – |
|
24
BP
BP
$115B
| $27.3M | 0.78% |
1,000,000
-941,300
| -48% | -$23.6M |
|
|
TMQ
25
Trilogy Metals
TMQ
$684M
| $26.5M | 0.76% |
14,326,996
| – | – |
|
Similar funds
John Paulson's Q3 2021 Portfolio in Review
As of Q3 2021, John Paulson held 42 positions worth $3.51B, down 16% from $4.19B the previous quarter. Its ten largest holdings account for 76% of the portfolio.
John Paulson withdrew a net $523M in Q3 2021, closing 4 positions and reducing 15 holdings. Its most notable exit was DISH Network Corp., an estimated $140M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 44% of assets, up from 41% a quarter earlier, followed by Materials and Financials.
Against the trend, John Paulson opened a new position in Cloudera, Inc. worth $73.3M.
- John Paulson's largest Q3 2021 buy was Cloudera, Inc.: 4,588,827 shares worth $73.3M.
- John Paulson added most to Perpetua Resources in Q3 2021, an estimated $21.4M increase.
- John Paulson's biggest Q3 2021 reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, cutting an estimated $189M.
- John Paulson fully exited DISH Network Corp. in Q3 2021, selling an estimated $140M.
- John Paulson's ten largest holdings make up 76% of its $3.51B portfolio in Q3 2021.
- John Paulson opened 2 new positions and closed 4 in Q3 2021.
- John Paulson's portfolio value fell 16% quarter-over-quarter to $3.51B.
Based on Paulson & Co's 13F filing for Q3 2021, filed 15 Nov 2021.