John Paulson
Paulson & Co. Inc. · Event-driven / merger arbitrage Paulson & Co. is John Paulson's firm, historically focused on event-driven and merger-arbitrage strategies; it moved toward a family-office structure but still files 13F holdings.
John Paulson gained fame for a large bet against subprime mortgages in 2007 and runs the event-driven firm Paulson & Co.
Showing all 8 reported 13(f) positions; TradingPilot links only the 1 matching its curated universe — a licensed CUSIP↔ticker database was not used. Unmapped positions render as plain text, exactly as filed.
Portfolio allocation (reported 13F equity)
Long US-listed equity positions only; options excluded.
- MADRIGAL PHARMACEUTICALS INC27.9%
- PERPETUA RESOURCES CORP26.1%
- ACADIAN ASSET MANAGEMENT INC16.2%
- BAUSCH HEALTH COS INC14.0%
- INTERNATIONAL TOWER HILL MIN8.1%
- NOVAGOLD RESOURCES INC6.3%
- THRYV HLDGS INC1.3%
- GOOGL0.1%
Reported 13F equity value — not a return, not AUM
Long US-listed equity positions only; filed with a ~45-day lag.
| # | Ticker | Security (as filed) | % of 13F | Shares | Reported price | Current | Value | Activity |
|---|---|---|---|---|---|---|---|---|
| 1 | — | MADRIGAL PHARMACEUTICALS INC | 27.9% | 1,340,020 | $536.95 | — | $719.5M | New |
| 2 | — | PERPETUA RESOURCES CORP | 26.1% | 32,347,299 | $20.76 | — | $671.5M | New |
| 3 | — | ACADIAN ASSET MANAGEMENT INC | 16.2% | 5,843,282 | $71.52 | — | $417.9M | Trimmed −25% |
| 4 | — | BAUSCH HEALTH COS INC | 14.0% | 73,255,869 | $4.93 | — | $361.2M | Held +0% |
| 5 | — | INTERNATIONAL TOWER HILL MIN | 8.1% | 104,486,703 | $1.99 | — | $207.9M | Added +5% |
| 6 | — | NOVAGOLD RESOURCES INC | 6.3% | 27,238,061 | $5.97 | — | $162.6M | Held +0% |
| 7 | — | THRYV HLDGS INC | 1.3% | 8,443,835 | $3.94 | — | $33.3M | Held +0% |
| 8 | GOOGL | ALPHABET INC | 0.1% | 5,000 | $353.33 | $283.82 -19.7% | $1.8M | New |
| — | — | AGNICO EAGLE MINES LTD | — | 0 | — | — | $0 | Sold-Out −100% |
| — | — | AMICUS THERAPEUTIC | — | 0 | — | — | $0 | Sold-Out −100% |
Reported price = value ÷ shares at the quarter-end — an average, NOT the manager's buy/sell price.
Current shows the stock's price change since the filing quarter-end (mapped names only) — it is the STOCK's move, not the manager's realized return (we don't know their cost basis or whether they still hold).
TradingPilot analysis of the reported 13F equity book
As of 2026Q2, John Paulson's reported 13F book holds 8 equity positions; the top 5 are 92% of it.
- MADRIGAL PHARMACEUTICALS INC — 27.9% of 13F
- PERPETUA RESOURCES CORP — 26.1% of 13F
- ACADIAN ASSET MANAGEMENT INC — 16.2% of 13F
- BAUSCH HEALTH COS INC — 14.0% of 13F
- INTERNATIONAL TOWER HILL MIN — 8.1% of 13F
This quarter: 3 new, 1 added, 1 trimmed, 2 sold out.
- INTERNATIONAL TOWER HILL MIN — Added (+4,913,665 sh)
- ACADIAN ASSET MANAGEMENT INC — Trimmed (−1,900,000 sh)
- AGNICO EAGLE MINES LTD — Sold-Out (−783,561 sh)
- AMICUS THERAPEUTIC — Sold-Out (−32,400 sh)