John Paulson recently filed their 13F report for the third quarter of 2022, which ended on 2022-09-30.
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 28 stocks valued at a total of $1.37Bil. The top holdings were HZNP(27.63%), BHC(13.33%), and BSIG(9.77%).
According to GuruFocus data, these were John Paulson (Trades, Portfolio)’s top five trades of the quarter.
Occidental Petroleum Corp
The guru sold out of their 2,500,000-share investment in NYSE:OXY. Previously, the stock had a 7.26% weight in the equity portfolio. Shares traded for an average price of $64.01 during the quarter.
On 11/15/2022, Occidental Petroleum Corp traded for a price of $73.28 per share and a market cap of $66.61Bil. The stock has returned 129.68% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Occidental Petroleum Corp has a price-earnings ratio of 7.01, a price-book ratio of 3.78, a EV-to-Ebitda ratio of 5.07 and a price-sales ratio of 2.11.
The price-to-GF Value ratio is 1.43, earning the stock a GF Value rank of 1.
APA Corp
John Paulson (Trades, Portfolio) reduced their investment in NAS:APA by 1,800,000 shares. The trade had a 3.1% impact on the equity portfolio. During the quarter, the stock traded for an average price of $35.75.
On 11/15/2022, APA Corp traded for a price of $47.21 per share and a market cap of $15.18Bil. The stock has returned 62.43% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, APA Corp has a price-earnings ratio of 4.51, a price-book ratio of 25.52, a EV-to-Ebitda ratio of 2.95 and a price-sales ratio of 1.48.
The price-to-GF Value ratio is 1.07, earning the stock a GF Value rank of 3.
Barrick Gold Corp
John Paulson (Trades, Portfolio) reduced their investment in NYSE:GOLD by 2,946,771 shares. The trade had a 2.57% impact on the equity portfolio. During the quarter, the stock traded for an average price of $15.78.
On 11/15/2022, Barrick Gold Corp traded for a price of $16.19 per share and a market cap of $28.38Bil. The stock has returned -19.61% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Barrick Gold Corp has a price-earnings ratio of 15.13, a price-book ratio of 1.19, a price-earnings-to-growth (PEG) ratio of 2.70, a EV-to-Ebitda ratio of 4.46 and a price-sales ratio of 2.53.
The price-to-GF Value ratio is 0.88, earning the stock a GF Value rank of 7.
Duke Realty Corp
The guru established a new position worth 496,722 shares in NYSE:DRE, giving the stock a 1.75% weight in the equity portfolio. Shares traded for an average price of $58.56 during the quarter.
On 11/15/2022, Duke Realty Corp traded for a price of $48.2 per share and a market cap of $18.56Bil. The stock has returned -14.55% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Duke Realty Corp has a price-earnings ratio of 19.44, a price-book ratio of 2.94, a price-earnings-to-growth (PEG) ratio of 1.87, a EV-to-Ebitda ratio of 15.77 and a price-sales ratio of 16.85.
The price-to-GF Value ratio is 0.99, earning the stock a GF Value rank of 5.
Anglogold Ashanti Ltd
John Paulson (Trades, Portfolio) reduced their investment in NYSE:AU by 1,999,331 shares. The trade had a 1.46% impact on the equity portfolio. During the quarter, the stock traded for an average price of $14.25.
On 11/15/2022, Anglogold Ashanti Ltd traded for a price of $17.94 per share and a market cap of $7.45Bil. The stock has returned -11.71% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Anglogold Ashanti Ltd has a price-earnings ratio of 13.49, a price-book ratio of 1.93, a price-earnings-to-growth (PEG) ratio of 1.11, a EV-to-Ebitda ratio of 5.91 and a price-sales ratio of 1.93.
The price-to-GF Value ratio is 0.71, earning the stock a GF Value rank of 10.
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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