Paulson & Co. Inc.
Paulson & Co. Inc. is a New York-based hedge fund and private equity investment firm founded in 1994 by John Paulson. The firm specializes in event-driven arbitrage strategies such as merger arbitrage, bankruptcy reorganizations, distressed debt, and other special situations, primarily focusing on the United States and Western Europe. Recognized for its deep expertise in these areas, Paulson & Co. became internationally renowned for its performance in the 2007–2008 financial crisis. As of 2025, Paulson & Co. manages a significant portfolio and operates with a select team of investment professionals, serving institutional and high-net-worth clients.
Investment Strategy
Paulson & Co. pursues an event-driven, value-oriented investment strategy, with a focus on merger arbitrage, bankruptcy reorganizations, distressed credit, and other corporate actions. The firm aims to identify mispriced securities by analyzing announced mergers, restructurings, and special situations, often taking both equity and credit positions. Paulson & Co. actively manages risk through portfolio diversification and a deep research process, targeting significant returns from both long and short opportunities tied to complex corporate events.
Latest 13F Filing Activity
Paulson & Co. Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 14 equity positions with a total 13F market value of $2B. The fund increased holdings in Perpetua Resources Corp., Bausch Health Cos Inc., Novagold Res Inc. among other positions. Paulson & Co. Inc. reduced exposure to Madrigal Pharmaceuticals Inc., Trilogy Metals Inc. New, Intra-cellular Therapies Inc. among others.
Top Holdings
Equity Positions (14)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MDGL | MADRIGAL PHARMACEUTICALS INC | 31.44% | $632.4M | 2,089,523 | $235.69 | $302.64 | -$63.1M |
P PPTA | PERPETUA RESOURCES CORP | 19.53% | $392.7M | 32,347,299 | $7.36 | $12.14 | +$127.9M |
B BHC | BAUSCH HEALTH COS INC | 10.86% | $218.4M | 32,791,702 | $21.61 | $6.66 | +$47.3M |
N NG | NOVAGOLD RES INC | 5.54% | $111.4M | 27,238,061 | $6.39 | $4.09 | +$31.9M |
A AEM | AGNICO EAGLE MINES LTD | 4.63% | $93.2M | 783,561 | $61.24 | $118.93 | +$8.2M |