John Paulson

John Paulson

Last Update: 2014-09-11

Number of Stocks: 82
Number of New Stocks: 10

Total Value: $23,075 Mil
Q/Q Turnover: 17%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

John Paulson Watch

  • John Paulson's 4 Stocks Trading for Less Than He Paid for Them

    John Paulson (Trades, Portfolio)’s firm Paulson & Co. manages approximately $21.4 billion and focuses specifically on arbitrage strategies, restructurings and other capital events. When his team analyzes stocks undergoing corporate events or sectors in which they have interest, they employ a bottom-up assessment of fundamentals within those targets.

    Though Paulson has had some crushing years, he has so far always managed to rebound to superstar status. His event-driven strategy, the Paulson Recovery Fund, won a 2013 Absolute Return Award in 2013 for its 65.1% net gain.


  • Sprint Corp: Moving Toward a Brighter Future?

    Over the past few weeks I have been watching the developments of the telecommunications industry, which has provided an excellent opportunity to search for investment stocks in this sector. One company I think is very interesting to analyze is Sprint Corp Series 1(S). While there are many different factors to consider when investing, in the article below I will look at the debt side of the company. I will analyze Sprint's debt ratios and what analysts and other top investors think about the company, which should give us an idea of the company’s leverage and how much to expect in return for investing in it over the long term.

    As the third largest mobile carrier in the U.S., Sprint serves 47 million customers directly and another 8 million via affiliates. However, the recent years have proven difficult for the firm, with its postpaid market share plummeting from an initial 21% to 14%. Competing against AT&T Inc. (T) and Verizon Communications Inc. (VZ), the firm’s postpaid base was 75% of the size of these rivals in 2007, but now it’s only half as big. Although the carrier has recovered somewhat from 2009’s historical low point, it still has a long way to go. In the hopes of expanding its scale, Sprint acquired Clearwire in July 2013, and is now undergoing a network modernization project, in order to integrate the purchase and rebuild momentum. Although this measure is surely necessary to keep growing, Sprint’s position as the most leveraged U.S. mobile carrier makes it particularly vulnerable to any errors.


  • John Paulson Takes Giant Stakes in 3 Companies

    After several years of middling returns, the Paulson Recovery fund recovered. It was the third top-returning large hedge fund in 2013, returning 45%, compared to 4.9% last year, according to Bloomberg.

    John Paulson (Trades, Portfolio) in the fourth quarter also bought 16 new stocks, and holds 87 in total, in a portfolio valued at $20.3 billion. The new buys include massive stakes in three companies.  

  • The Gold Bull – John Paulson’s Top Yield Gold Stocks in Review

    As a high school senior, Guru John Paulson was first into spiritual gold, claiming an interest in the “divine light club” in his school’s yearbook, according to Wikipedia.  After youthful travels to Ecuador, forays into selling flooring and manufacturing clothing, and studies in philosophy, creative writing and film, Paulson ended up as a legendary hedge fund investor and one of the mysterious metal’s biggest proponents.  

    With spot gold prices down 25% this year, investors are wondering what’s ahead for Paulson’s PFR Gold Fund, down around 63% this year. Goldman Sachs projects gold  will drop another 15% to an estimated $1,050 in 2014 and Morgan Stanley estimates a price of $1,313.  


  • Time Warner Cable: An Epic Battle for the Last Mile

    Frank Hoover


  • John Paulson's Top Five Holdings

    John Paulson is the President and Portfolio Manager of Paulson & Co. The guru became a guru by short-selling subprime mortgages in 2007, but is most known for his stance on gold.

    During the third quarter the guru bought 8 new stocks bringing his portfolio to 87 stocks valued at over $15.516 billion, up from $14.4 billion last quarter. .  

  • John Paulson Buys Vodafone, Time Warner Cable, Family Dollar Stores, Sells Sprint, Pioneer Natural Resources

    Hedge fund giant John Paulson just reported his third quarter portfolio. John Paulson buys Vodafone Group PLC, Time Warner Cable Inc, Family Dollar Stores, Inc., etc during the 3-months ended 09/30/2013, according to the most recent filings of his investment company, Paulson & Co.

    As of 09/30/2013, Paulson & Co. owns 87 stocks with a total value of $15.5 billion. These are the details of the buys and sells.  

  • Highest Returning Guru - John Paulson’s 52-week Low Stocks

    The current highest-returning Guru, John Paulson, founder of Paulson & Company, is averaging 12-month returns of 292.03%. His portfolio show 91 stocks, 15 of them new, and a total value of $14.17 billion. His quarter-over-quarter turnover is 21%.

    Here’s an update on two companies in Paulson’s portfolio that are near a 52-week low. Agnico Eagle Mines Ltd. (AEM) restarted its Goldex mine in Quebec and has poured its first gold this month; numerous gurus sold out Equinix Inc. (EQIX) in the second quarter of 2013, but Paulson reduced his shares by a little more than half.  

  • John Paulson Talks About Buying Steinway

  • Thinking of Investing with a Hedge Fund?

    We can do very well by seeing what a number of hedge funds are actually buying and selling, and GuruFocus is absolutely the best site on the web for that intelligence. But if you are considering investing with a hedge fund yourself, I have three words of advice: “Don’t do it!” I have written frequently about their exorbitant fees, their hundreds of millions spent stuffing cash in politicians’ campaign funds (er, “lobbying”) and, most of all, their failure to provide good value in return.

    Now others seem to be joining in sounding this alert. Mark Hulbert, the investment letter cheerleader/critic, in an article this summer, “The Verdict is In: Hedge Funds Aren’t Worth the Money,” reaches the same conclusions. He writes:  

  • John Paulson's Top Five Holdings

    John Paulson is the President and Portfolio Manager of Paulson & Co. The guru became a guru by short-selling subprime mortgages in 2007, but is most known for his stance on gold.

    During the second quarter the guru bought 15 new stocks bringing his portfolio to 91 stocks valued at over $14.17 billion.  

  • Gold Going East, Revenue Going West

    Gold importing giants India and China have increased their imports by 48% and 70% respectively, during the first half of 2013, compared to the same period in 2012. Considering this positive outlook for gold producers, the U.S.-based firms Freeport-McMoRan Copper & Gold (FCX) and Newmont Mining (NEM) could be looking at a brighter future.

    Diversification Has Its Benefits  

  • Tempering Gold - John Paulson’s Second Quarter Selling

    John Paulson, founder of Paulson & Company, is a legendary hedge fund investor well-known for generating mega-returns in the 2008 market crash and for extraordinary gains and losses in the gold market. The Paulson portfolio update shows 91 stocks, 15 of them new, and a total value of $14.17 billion. Paulson’s firm has a quarter-over-quarter turnover of 21%.

    Guru John Paulson was actively selling in the second quarter of 2013:  

  • John Paulson Gives First Television Interview, Discusses Gold, Stock Picks

  • Reflections from 20 Years of Investing (2001-2008) Part 3

    “We do not learn from experience; we learn from reflecting on experience.” — John Dewey

    Today’s edition will chronicle my investment saga in the final years leading up to the credit crisis which began in the late summer and early fall of 2008. I have decided to forgo describing the investment details of one of my largest successes (Imperial Sugar, formerly IPSU) in favor of describing my temporary diversion from the most important aspect of value investing. Specifically, I will address my failure to maintain a sufficient margin of safety in my investments. Anyone interested in reviewing the investment thesis for Imperial Sugar can access [url= ]this GuruFocus article[/url] which details the “perfect storm” of events that provided the company with a temporary windfall of profits.  

  • Seth Klarman's Baupost Loses $150 Million on Junior Gold Miners

    There is no more beaten down sector of the market than junior resource miners, especially those listed in Canada.

    It appears as though the great Klarman is among those taking a beating:  

  • Top Stocks of John Paulson's Recovery Fund, Up 27%

    John Paulson made billions on the implosion of the housing market in 2007, and is now setting up to profit from its recovery. In fact, his Paulson Recovery Fund has already returned 27% year to date, buoyed by a nascent housing recovery.

    Paulson opened the Recovery Fund in October 2009 to focus on distressed investment in real estate. It has a private-equity structure, long lock-up periods, and was run by Mike Barr and Jonathan Shumaker, formerly of Lehman Brothers’ real estate private equity division, according to his 2009 shareholder letter.  

  • Gold Guru John Paulson Drops Gold ABX in First Quarter Sells

    Guru John Paulson, founder of Paulson & Company, knows the highs and the lows of the market. He is famed for generating up to 600% returns in the 2008 market crash, but recently, Paulson has seen his Gold Fund plummet faster than anyone’s worse nightmare. Paulson lost approximately $1 billion of his personal wealth on gold bets in April alone, according to Bloomberg. Reviewing his sell-outs in the last quarter, it looks like Paulson has dropped only one never-a-gain holding in the Barrick Gold Corporation (ABX) in the first quarter of 2013.

    Here’s a look at John Paulson’s eight sells as March 31, 2013.  

  • John Paulson’s Top 5 Biggest New Buys

    Paulson is known for extreme wins and losses – for instance, a $5 billion win during the housing crisis and an almost $1 billion loss in two days on gold last month. In the first quarter, the manager of the $18 billion hedge fund Paulson & Co. added some sizable new positions to his stock portfolio.

    Paulson’s portfolio contains 94 stocks, 10 of which are new first quarter buys, and has a total value of $17.73 billion.  

  • Top Holdings, Paulson Stubborn for Gold, Sprint Shines

    For years, John Paulson of Paulson & Co. was the superlative investor. In 2012 his new buys had the highest average gain, 652.47% over six months, and the highest average return, 364.4% over 12 months, according to the GuruFocus Score Board of Gurus. The phenomenal hedge fund founder is very well-known for his returns on gold and for betting against mortgages in 2008, returning up to 600%. But last month, when gold dropped to its lowest point in 33 years, Paulson’s Gold Fund watched as the $500 million glow dimmed by 27%. According to Bloomberg, Paulson & Company’s assets have decreased more than 50% from $38 billion in 2011. The GuruFocus update shows the Paulson portfolio with 86 stocks and a total value of $16.26 billion as of May 1, 2013. Paulson’s top three holdings show that Paulson is still stubborn for gold, but Sprint Inc. (S) is the real bright spot:

    No. 1: SPDR Gold Trust (ETF) (GLD), Weighting: 21.7% Shares Owned: 21,837,552, Value: $3.5 billion  

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User Comments

ReplyMinerva - 1 week ago

Now that you have explained the mistake ... why isn't the position now showing on his list of latest trades? What do you know about the timeframe during which Paulson acquired his positions? What do you know of the average price during that period of time (and, therefore, his approximates average cost)?
ReplyGurumdm - 1 week ago
It was an incredible mistake of gurufocus
Paulson & Co Inc., the hedge fund run by John Paulson (Trades, Portfolio) (Trades, Portfolio), acquired 61,384,234 sharesor 19.35% of Overseas Shipholding Group Inc. (OGSRB),(OGSBW) Paulson hedge fund disclosed the 19.35% stake in a 13G Filing with the SEC.
ReplyGurumdm - 1 week ago
Like Minerva comments, yesterday (9/11) John Paulson (Trades, Portfolio) hsving a large position in Realty Income (O).
Today, it's gone.
Please could you explain this situation
ReplyMinerva - 1 week ago
Yesterday (9/11), Guru showed John Paulson (Trades, Portfolio) having taken a very large position (61m shares) in Realty Income (O). Today, it's gone. Can you explain? Error? Hacker? Already sold?
ReplyJohntdavies88 - 1 month ago
Can I have a description on what the above means exactly? I don't understand the different colours.

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