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 |
POSH
Poshmark, Inc. Class A Common Stock
POSH
|
+$5.22M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$382M |
| 2 |
APA Corp
APA
|
+$41M |
| 3 |
VMW
VMware, Inc
VMW
|
+$28.2M |
| 4 |
B
Barrick Mining
B
|
+$24.8M |
| 5 |
DRE
Duke Realty Corp.
DRE
|
+$23.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 38.26% |
| 2 | Healthcare | 30.31% |
| 3 | Financials | 16.58% |
| 4 | Technology | 3.42% |
| 5 | Consumer Discretionary | 2.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AAMI
1
Acadian Asset Management
AAMI
$3.28B
| $184M | 16.58% |
8,950,121
| – | – |
|
|
HZNP
2
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $171M | 15.37% |
1,500,000
-4,600,000
| -75% | -$382M |
|
3
Bausch Health
BHC
$2.41B
| $166M | 14.95% |
26,439,035
| – | – |
|
4
NovaGold Resources
NG
$3.83B
| $133M | 11.96% |
22,226,300
| – | – |
|
5
AngloGold Ashanti
AU
$61.3B
| $74.4M | 6.7% |
3,833,492
-141,508
| -4% | -$2.32M |
|
|
PPTA
6
Perpetua Resources
PPTA
$3.21B
| $72.3M | 6.51% |
24,771,542
| – | – |
|
7
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $70.4M | 6.34% |
2,332,064
-100,000
| -4% | -$2.55M |
|
8
Agnico Eagle Mines
AEM
$109B
| $40.7M | 3.67% |
783,561
-250,252
| -24% | -$11.8M |
|
9
Thryv Holdings
THRY
$92.4M
| $38M | 3.42% |
2,000,000
-137,944
| -6% | -$2.69M |
|
10
SSR Mining
SSRM
$7.7B
| $31.3M | 2.82% |
2,000,000
-1,120,242
| -36% | -$16.4M |
|
|
THM
11
International Tower Hill Mines
THM
$735M
| $26.3M | 2.37% |
61,930,724
| – | – |
|
|
SA
12
Seabridge Gold
SA
$3.25B
| $26M | 2.34% |
2,070,000
| – | – |
|
13
Bally's
BALY
$516M
| $17.3M | 1.56% |
891,852
| – | – |
|
14
Newmark Group
NMRK
$2.94B
| $10.2M | 0.92% |
1,284,625
| – | – |
|
|
TELL
15
DELISTED
Tellurian Inc.
TELL
| $8.97M | 0.81% |
5,340,663
| – | – |
|
16
Equinox Gold
EQX
$15.8B
| $8.2M | 0.74% |
2,500,000
| – | – |
|
|
OSG
17
DELISTED
Overseas Shipholding Group Inc.
OSG
| $8.12M | 0.73% |
2,809,718
-2,913,441
| -51% | -$8.46M |
|
|
TMQ
18
Trilogy Metals
TMQ
$684M
| $7.88M | 0.71% |
14,326,996
| – | – |
|
|
POSH
19
DELISTED
Poshmark, Inc. Class A Common Stock
POSH
| $5.26M | 0.47% |
+293,976
| New | +$5.22M |
|
20
IAMGOLD
IAG
$12.1B
| $4.77M | 0.43% |
1,850,000
| – | – |
|
21
Alibaba
BABA
$286B
| $4.4M | 0.4% |
50,000
| – | – |
|
22
Baidu
BIDU
$31.6B
| $2.33M | 0.21% |
20,327
| – | – |
|
|
23
APA Corp
APA
$15.2B
| – | – |
-1,200,000
| Closed | -$41M |
|
|
B
24
Barrick Mining
B
$78.3B
| – | – |
-1,600,000
| Closed | -$24.8M |
|
25
RUM Group Inc
RUM
$4.49B
| – | – |
-300,000
| Closed | -$3.67M |
|
Similar funds
John Paulson's Q4 2022 Portfolio in Review
As of Q4 2022, John Paulson held 29 positions worth $1.11B, down 19% from $1.37B the previous quarter. Its ten largest holdings account for 88% of the portfolio.
John Paulson withdrew a net $546M in Q4 2022, closing 7 positions and reducing 7 holdings. Its most notable exit was APA Corp, an estimated $41M position sold in full.
By sector, the portfolio is most concentrated in Materials at 38% of assets, up from 29% a quarter earlier, followed by Healthcare and Financials.
Against the trend, John Paulson opened a new position in Poshmark, Inc. Class A Common Stock worth $5.26M.
- John Paulson's largest Q4 2022 buy was Poshmark, Inc. Class A Common Stock: 293,976 shares worth $5.26M.
- John Paulson's biggest Q4 2022 reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, cutting an estimated $382M.
- John Paulson fully exited APA Corp in Q4 2022, selling an estimated $41M.
- John Paulson's ten largest holdings make up 88% of its $1.11B portfolio in Q4 2022.
- John Paulson opened 1 new position and closed 7 in Q4 2022.
- John Paulson's portfolio value fell 19% quarter-over-quarter to $1.11B.
Based on Paulson & Co's 13F filing for Q4 2022, filed 14 Feb 2023.