John Paulson recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
John Paulson (Trades, Portfolio) is the President and Portfolio Manager of Paulson & Co. Inc. Paulson was ranked by Absolute Return Magazine as the 3rd largest hedge fund in the world managing approximately $29bn in merger, event and distressed strategies. Mr. Paulson received his Masters of Business Administration with high distinction, as a Baker Scholar, from Harvard Business School in 1980. He graduated summa cum laude in Finance from New York University's College of Business and Public Administration in 1978. Prior to forming Paulson in 1994, John was a general partner of Gruss Partners and a managing director in mergers and acquisitions at Bear Stearns.
As of the latest 13F report, the guru’s equity portfolio contained 32 stocks valued at a total of $2.03Bil. The top holdings were HZNP(24.38%), BHC(10.90%), and BSIG(7.95%).
According to GuruFocus data, these were John Paulson (Trades, Portfolio)’s top five trades of the quarter.
SPDR Gold Shares ETF
The guru sold out of their 1,000,000-share investment in ARCA:GLD. Previously, the stock had a 5.56% weight in the equity portfolio. Shares traded for an average price of $174.73 during the quarter.
On 08/15/2022, SPDR Gold Shares ETF traded for a price of $165.71 per share and a market cap of $56.94Bil. The stock has returned -0.41% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
VMware Inc
The guru established a new position worth 500,000 shares in NYSE:VMW, giving the stock a 2.81% weight in the equity portfolio. Shares traded for an average price of $113.56 during the quarter.
On 08/15/2022, VMware Inc traded for a price of $122.42 per share and a market cap of $51.59Bil. The stock has returned -22.35% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, VMware Inc has a price-earnings ratio of 31.62, a price-earnings-to-growth (PEG) ratio of 2.73, a EV-to-Ebitda ratio of 18.23 and a price-sales ratio of 4.02.
The price-to-GF Value ratio is 0.73, earning the stock a GF Value rank of 10.
DiDi Global Inc
The guru sold out of their 33,148,428-share investment in OTCPK:DIDIY. Previously, the stock had a 2.55% weight in the equity portfolio. Shares traded for an average price of $2.19 during the quarter.
On 08/15/2022, DiDi Global Inc traded for a price of $2.88 per share and a market cap of $13.98Bil. The stock has returned -65.38% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 2 out of 10.
In terms of valuation, DiDi Global Inc has a price-book ratio of 0.84, a EV-to-Ebitda ratio of -1.09 and a price-sales ratio of 0.17.
Exxon Mobil Corp
The guru sold out of their 1,000,000-share investment in NYSE:XOM. Previously, the stock had a 2.54% weight in the equity portfolio. Shares traded for an average price of $90.08 during the quarter.
On 08/15/2022, Exxon Mobil Corp traded for a price of $92.32 per share and a market cap of $384.76Bil. The stock has returned 68.82% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Exxon Mobil Corp has a price-earnings ratio of 10.10, a price-book ratio of 2.18, a price-earnings-to-growth (PEG) ratio of 50.50, a EV-to-Ebitda ratio of 5.16 and a price-sales ratio of 1.12.
The price-to-GF Value ratio is 0.96, earning the stock a GF Value rank of 6.
Horizon Therapeutics PLC
During the quarter, John Paulson (Trades, Portfolio) bought 585,000 shares of NAS:HZNP for a total holding of 6,199,000. The trade had a 2.3% impact on the equity portfolio. During the quarter, the stock traded for an average price of $94.87.
On 08/15/2022, Horizon Therapeutics PLC traded for a price of $64.9 per share and a market cap of $14.95Bil. The stock has returned -39.19% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Horizon Therapeutics PLC has a price-earnings ratio of 20.03, a price-book ratio of 3.02, a EV-to-Ebitda ratio of 12.73 and a price-sales ratio of 4.04.
The price-to-GF Value ratio is 0.50, earning the stock a GF Value rank of 4.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
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