Hedge Fund · CIK 0001035674

John Paulson

Paulson & Co
Share

John Paulson runs Paulson & Co, a hedge fund overseeing $3.26B in disclosed equity holdings (SEC CIK 0001035674). The latest 13F filing (2025Q4) discloses 9 positions across 4 sectors, with the largest positions in MDGL, PPTA and BHC. On a mark-to-market basis the tracked portfolio has returned 54.2% over the past year. OpenStocks tracks 40 consecutive 13F filings for this manager — every position change, new entry, and exit is logged below.

Track John's filingsView holdings
Portfolio
$3.26B
Positions
9
Quarter
2025Q4
Filings tracked
40
1Y+54.2%Full performance →
Quarter
2025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q1
Capital flow per quarter
BuysSellsNet
+$571M+$285M$0-$285M-$571M'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
-$103M
Lifetime buys
$2.04B
Lifetime sells
$2.93B

Quarter activity

What changed in 2025Q4 — net new, added, trimmed, exited.
New positions1 name
  • SOLSSOLSTICE ADVANCED MATLS INC
    +1,395,787
    $67.8M
Added to2 names
  • BHCBAUSCH HEALTH COS INC
    +2,500,000
    $17.4M
  • THRYTHRYV HLDGS INC
    +67,070
    $406K
Trimmed1 name
  • MDGLMADRIGAL PHARMACEUTICALS INC
    −200,001
    $116.5M
Exited2 names
  • HONHONEYWELL INTL INC
    −200,000
    $42.1M
  • TMQTRILOGY METALS INC NEW
    −14,326,996
    $30.1M

Recent transactions

Last 20 moves
ADD
John Paulson (Paulson & Co) added to BHC
BAUSCH HEALTH COS INC
+2,500,000
~$6.95 · 2025Q4
2026-02-17
SOLD
John Paulson (Paulson & Co) exited HON
HONEYWELL INTL INC
−200,000
~$210.50 · 2025Q4
2026-02-17
TRIM
John Paulson (Paulson & Co) trimmed MDGL
MADRIGAL PHARMACEUTICALS INC
−200,001
~$582.34 · 2025Q4
2026-02-17
ADD
John Paulson (Paulson & Co) added to THRY
THRYV HLDGS INC
+67,070
~$6.05 · 2025Q4
2026-02-17
SOLD
John Paulson (Paulson & Co) exited TMQ
TRILOGY METALS INC NEW
−14,326,996
~$2.10 · 2025Q4
2026-02-17
NEW
John Paulson (Paulson & Co) opened a new position in SOLS
SOLSTICE ADVANCED MATLS INC
+1,395,787
~$48.58 · 2025Q4
2026-02-17
TRIM
John Paulson (Paulson & Co) trimmed AAMI
BRIGHTSPHERE INVT GROUP INC
−1,206,839
~$48.16 · 2025Q3
2025-11-14
SOLD
John Paulson (Paulson & Co) exited GOOG
ALPHABET INC
−9,000
~$177.39 · 2025Q3
2025-11-14
ADD
John Paulson (Paulson & Co) added to BHC
BAUSCH HEALTH COS INC
+37,964,167
~$6.45 · 2025Q3
2025-11-14
SOLD
John Paulson (Paulson & Co) exited EQX
EQUINOX GOLD CORP
−2,500,000
~$5.75 · 2025Q3
2025-11-14
SOLD
John Paulson (Paulson & Co) exited IAG
IAMGOLD CORP
−1,850,000
~$7.35 · 2025Q3
2025-11-14
SOLD
John Paulson (Paulson & Co) exited JNP
JUNIPER NETWORKS INC
−250,000
~$39.93 · 2025Q3
2025-11-14
TRIM
John Paulson (Paulson & Co) trimmed MDGL
MADRIGAL PHARMACEUTICALS INC
−182,000
~$458.66 · 2025Q3
2025-11-14
SOLD
John Paulson (Paulson & Co) exited SA
SEABRIDGE GOLD INC
−2,070,000
~$14.52 · 2025Q3
2025-11-14
ADD
John Paulson (Paulson & Co) added to BHC
BAUSCH HEALTH COS INC
+6,352,667
~$6.66 · 2025Q2
2025-08-14
SOLD
John Paulson (Paulson & Co) exited ITCIEUR
INTRA-CELLULAR THERAPIES INC
−21,500
~$131.92 · 2025Q2
2025-08-14
TRIM
John Paulson (Paulson & Co) trimmed MDGL
MADRIGAL PHARMACEUTICALS INC
−10,000
~$302.64 · 2025Q2
2025-08-14
ADD
John Paulson (Paulson & Co) added to PPTA
PERPETUA RESOURCES CORP
+7,575,757
~$12.14 · 2025Q2
2025-08-14
NEW
John Paulson (Paulson & Co) opened a new position in GOOG
ALPHABET INC
+9,000
~$177.39 · 2025Q2
2025-08-14
NEW
John Paulson (Paulson & Co) opened a new position in JNP
JUNIPER NETWORKS INC
+250,000
~$39.93 · 2025Q2
2025-08-14