John Paulson (Trades, Portfolio) rose to stardom when his short of the housing market in the financial crisis netted him billions of dollars and victory laps on gold bets in following years added to his wealth. Recent years have been less kind. Most recently, Paulson & Co. lost $3 billion in 2016, according to Bloomberg.
In the first quarter of this year, Paulson hooked 25 long positions for his $7.5 billion portfolio of 97 total stocks. The five biggest were: T-Mobile US Inc. (TMUS, Financial), DISH Network Corp. (DISH, Financial), Brookdale Senior Living Inc. (BKD, Financial), Arconic Inc. (ARNC, Financial) and Palo Alto Networks Inc. (PANW, Financial).
T-Mobile US Inc. (TMUS, Financial)
Paulson purchased 4,140,100 shares of T-Mobile US Inc., which traded for an average price of $61 in the quarter. The position has a 3.58% portfolio weight.
T-Mobile US Inc. has a market cap of $54.76 billion; its shares were traded around $65.91 with a P/E ratio of 34.33 and P/S ratio of 1.44.
DISH Network Corp. (DISH, Financial)
Paulson purchased 3,450,100 shares of DISH Network Corp., which had a first-quarter average share price of $62. The stock has a 2.93% portfolio weight.
Dish Network Corp. has a market cap of $29.01 billion; its shares were traded around $62.27 with a P/E ratio of 20.90 and P/S ratio of 2.04. Dish Network Corp. had an annual average earnings growth of 0.6% over the past 10 years.
Brookdale Senior Living Inc. (BKD, Financial)
Paulson purchased 5,041,500 shares of Brookdale Senior Living In., which had a first-quarter average share price of $14. The stock has a 0.91% portfolio weight.
Brookdale Senior Living Inc. has a market cap of $2.59 billion; its shares were traded around $13.90 with and P/S ratio of 0.53. Brookdale Senior Living Inc. had an annual average earnings growth of 10.0% over the past 10 years.
Arconic Inc. (ARNC, Financial)
Paulson purchased 983,300 shares of Arconic Inc., which had an average price of $26. The position has a 0.35% portfolio weight.
Arconic Inc. has a market cap of $12.08 billion; its shares were traded around $27.41 with and P/S ratio of 0.92. The trailing 12-month dividend yield of Arconic Inc. stock is 0.53%. The forward dividend yield of Arconic Inc. stock is 0.85%.
Palo Alto Networks Inc. (PANW, Financial)
Paulson purchased 155,800 shares of Palo Alto Networks Inc., which had an average price of $34. The position had a 0.23% portfolio weight.
Palo Alto Networks Inc. has a market cap of $10.92 billion; its shares were traded around $118.67 with and P/S ratio of 6.75.
See John Paulson (Trades, Portfolio)’s portfolio here.
