Hedge Fund · CIK 0001035674

John Paulson

Paulson & Co

John Paulson runs Paulson & Co, a hedge fund overseeing $3.26B in disclosed equity holdings (SEC CIK 0001035674). The latest portfolio (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 95.4% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track John's filings View holdings

Portfolio

$3.26B

Positions

9

Quarter

2025Q4

Filings tracked

40

1Y+95.4%3Y+296.6%5Y+308.6%Full performance →

Quarter

2025Q4 2025Q3 2025Q2 2025Q1 2024Q4 2024Q3 2024Q2 2024Q1 2023Q4 2023Q3 2023Q2 2023Q1

Holdings

Sorted by value · 2025Q4

Sector9 positions

1

MDGLMADRIGAL PHARMACEUTICALS INC

Healthcare·Biotechnology

30.48%

of portfolio

Number of shares

1,707,522 sh

Holdings current value

$994.36M

Avg closing price

$237.50

+121.0%

Last action

Trimmed 10.5%

2025Q4

Current $524.76

2

PPTAPERPETUA RESOURCES CORP

Basic Materials·Other Precious Metals & Mining

24.01%

of portfolio

Number of shares

32,347,299 sh

Holdings current value

$783.13M

Avg closing price

$8.38

Last action

Added 30.6%

2025Q2

Current —

3

BHCBAUSCH HEALTH COS INC

Healthcare·Drug Manufacturers - Specialty & Generic

15.61%

of portfolio

Number of shares

73,255,869 sh

Holdings current value

$509.13M

Avg closing price

$12.78

-54.4%

Last action

Added 3.5%

2025Q4

Current $5.82

4

AAMIBRIGHTSPHERE INVT GROUP INC

Financial Services·Asset Management

11.16%

of portfolio

Number of shares

7,743,282 sh

Holdings current value

$363.93M

Avg closing price

$9.91

Last action

Trimmed 13.5%

2025Q3

Current —

5

NGNOVAGOLD RES INC

Basic Materials·Gold

7.78%

of portfolio

Number of shares

27,238,061 sh

Holdings current value

$253.86M

Avg closing price

$4.95

Last action

Added 15.7%

2024Q1

Current —

6

AEMAGNICO EAGLE MINES LTD

Basic Materials·Gold

4.07%

of portfolio

Number of shares

783,561 sh

Holdings current value

$132.84M

Avg closing price

$46.53

+361.9%

Last action

Trimmed 24.2%

2022Q4

Current $214.93

7

THMINTERNATIONAL TOWER HILL MIN

Basic Materials·Gold

4.01%

of portfolio

Number of shares

70,239,388 sh

Holdings current value

$130.65M

Avg closing price

$0.51

Last action

Added 9.4%

2025Q1

Current —

8

SOLSSOLSTICE ADVANCED MATLS INC

Basic Materials·Specialty Chemicals

2.08%

of portfolio

Number of shares

1,395,787 sh

Holdings current value

$67.81M

Avg closing price

$48.58

Last action

New holding

2025Q4

Current —

9

THRYTHRYV HLDGS INC

Technology·Software - Application

0.81%

of portfolio

Number of shares

4,347,070 sh

Holdings current value

$26.30M

Avg closing price

$14.07

Last action

Added 1.6%

2025Q4

Current —

Portfolio heatmap

Box size = % of portfolio · color = return since filing

30.48% · -9.9%

15.61% · -16.3%

4.07% · +26.8%

Sector exposure

Share of dollar value across the latest reported portfolio. Unclassified positions excluded.

Healthcare2 pos$1.50B46.1%
Basic Materials5 pos$1.37B41.9%
Financial Services1 pos$363.9M11.2%
Technology1 pos$26.3M0.8%