John Paulson portfolio: what Paulson & Co holds
John Paulson is the founder of Paulson & Co. He became famous for his 2007 bet against the US mortgage market, on which his funds made billions of dollars.
Stock portfolio value
$2.6B
Stock positions
8
Report date
30 June 2026
Filed
14 August 2026
Largest positions
| # | Company | Weight | Value | Last quarter |
|---|---|---|---|---|
| 1 | Madrigal Pharmaceuticals IncMDGL | 27.9% | $719.5M | Trimmed -4% |
| 2 | Perpetua Resources CorpPPTA | 26.1% | $671.5M | — |
| 3 | Acadian Asset Management IncAAMI | 16.2% | $417.9M | Trimmed -25% |
| 4 | Bausch Health Cos IncBHC | 14% | $361.2M | — |
| 5 | International Tower Hill MinTHM | 8.1% | $207.9M | Added +5% |
| 6 | Novagold Resources IncNG | 6.3% | $162.6M | — |
| 7 | Thryv Hldgs IncTHRY | 1.3% | $33.3M | — |
| 8 | Alphabet IncGOOGL | 0.1% | $1.8M | New |
New positions last quarter
- Alphabet Inc$1.8M
Positions sold
- Agnico Eagle Mines Ltd$159.0M
- Amicus Therapeutic$468,504
Source: SEC filing. Values count stock positions only; options are left out of the totals and tables.
About John Paulson
- His bet against mortgage securities is described as one of the biggest trades in history.
- He later bet on gold and the gold market, which did not pay off in the following years.
- He donated $100 million to the restoration of New York's Central Park.
- He graduated from Harvard Business School and worked at the bank Bear Stearns before founding the fund.
How to use this page
A 13F filing shows what a manager held on the last day of a quarter, published up to 45 days later. It is a snapshot, not a trading signal: the manager may already have bought or sold since. Learn more in How to read 13F filings.
For information only, not investment advice. 13F filings are delayed by up to 45 days and do not show cash, bonds, short positions or non-US stocks.