John Paulson’s portfolio: Paulson & Co 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001035674Latest: Q2 2026
Q4 2014 filing in brief
In its Q4 2014 13F, filed February 17, 2015, Paulson & Co reported $19.4B across 63 US positions. The largest: SHIRE PLC (9.1%), ALLERGAN INC (7.0%), TIME WARNER CABLE INC (6.8%), GLD (6.0%), COVIDIEN PLC (5.3%). In the quarter it opened 3 positions, sold out of 15, added to 12 and trimmed 22; positions opened and sold out came to 22.7% of the portfolio's value.
Methodology
Holdings come from the manager’s Form 13F-HR filings on SEC EDGAR, with amendments applied. Values and shares are reported at quarter-end; the filing date is when the report became public. These disclosures show reported long positions and listed options, not the manager’s entire portfolio or its trades since quarter-end.
Quarterly changes compare shares with the immediately preceding quarter on file. New and exited positions appear or disappear; added and trimmed positions change their share count by more than 1%. A share change can also reflect a stock split or other corporate action.
Opened and sold out is the value of new positions plus the prior value of exited positions, divided by the average of the two quarters’ reported portfolio values. It excludes changes to positions still held. Reported value growth includes price changes and is not a measure of investment performance. Largest-five and largest-ten weights exclude options.
Holdings
Filed Feb 17, 2015
- 3 New
- 12 Added
- 22 Trimmed
- 15 Exited
63 positions at December 31, 2014. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | — | SHIRE PLC | $1.8B | 8.3M | 9.14% | −7.9% | Trimmed |
| 2 | — | ALLERGAN INC | $1.4B | 6.4M | 6.99% | +18.5% | Added |
| 3 | — | TIME WARNER CABLE INC | $1.3B | 8.7M | 6.83% | +18.7% | Added |
| 4 | GLD | SPDR GOLD TRUST | $1.2B | 10.2M | 6.00% | 0.0% | Held |
| 5 | — | COVIDIEN PLC | $1.0B | 10.0M | 5.31% | −20.2% | Trimmed |
| 6 | — | DIRECTV | $988M | 11.4M | 5.10% | +9.6% | Added |
| 7 | STAYUSD | EXTENDED STAY AMER INC | $920M | 47.7M | 4.75% | 0.0% | Held |
| 8 | — | MALLINCKRODT PUB LTD CO | $892M | 9.0M | 4.61% | +0.1% | Held |
| 9 | — | MYLAN INC | $843M | 14.9M | 4.35% | +19.6% | Added |
| 10 | — | SALIX PHARMACEUTICALS INC | $667M | 5.8M | 3.45% | — | New |
| 11 | HMHCUSD | HOUGHTON MIFFLIN HARCOURT CO | $640M | 30.9M | 3.31% | 0.0% | Held |
| 12 | GRFS | GRIFOLS S A | $605M | 17.8M | 3.12% | −9.2% | Trimmed |
| 13 | — | TALISMAN ENERGY INC | $549M | 70.0M | 2.84% | — | New |
| 14 | — | WHITING PETE CORP NEW | $444M | 13.5M | 2.29% | +43.9% | Added |
| 15 | TMUS | T-MOBILE US INC | $413M | 15.3M | 2.13% | +2.1% | Added |
| 16 | — | REALOGY HLDGS CORP | $410M | 9.2M | 2.12% | −23.1% | Trimmed |
| 17 | — | EQUINIX INC | $409M | 1.8M | 2.11% | −17.1% | Trimmed |
| 18 | — | ACTAVIS PLC | $402M | 1.6M | 2.07% | +46.9% | Added |
| 19 | — | COBALT INTL ENERGY INC | $371M | 41.8M | 1.92% | −0.2% | Held |
| 20 | HCA | HCA HOLDINGS INC | $346M | 4.7M | 1.79% | −22.4% | Trimmed |
| 21 | CVCEUR | CABLEVISION SYS CORP | $283M | 13.7M | 1.46% | −28.7% | Trimmed |
| 22 | BPOP | POPULAR INC | $257M | 7.6M | 1.33% | −16.8% | Trimmed |
| 23 | AU3EUR | ANGLOGOLD ASHANTI LTD | $228M | 26.2M | 1.18% | −1.4% | Trimmed |
| 24 | MTG 2 04/01/20 | MGIC INVT CORP WIS | $219M | 150.0M | 1.13% | 0.0% | Held |
| 25 | CZR | CAESARS ENTMT CORP | $214M | 13.6M | 1.10% | +3.4% | Added |
| 26 | BABA | ALIBABA GROUP HLDG LTD SPONSORED ADS | $198M | 1.9M | 1.02% | +1.2% | Added |
| 27 | RDN | RADIAN GROUP INC | $185M | 11.0M | 0.95% | −3.0% | Trimmed |
| 28 | — | PETSMART INC | $163M | 2.0M | 0.84% | −52.0% | Trimmed |
| 29 | OASEUR | OASIS PETE INC NEW | $162M | 9.8M | 0.84% | −0.8% | Held |
| 30 | — | BANK OF AMERICA CORPORATION | $159M | 22.6M | 0.82% | −16.2% | Trimmed |
| 31 | CIEI 3.125 05/15/24 | COBALT INTL ENERGY INC | $150M | 223.0M | 0.77% | 0.0% | Held |
| 32 | MGM | MGM RESORTS INTERNATIONAL | $149M | 7.0M | 0.77% | −69.0% | Trimmed |
| 33 | RDN 2.25 03/01/19 | RADIAN GROUP INC | $136M | 84.5M | 0.70% | 0.0% | Held |
| 34 | MTG | MGIC INVT CORP WIS | $134M | 14.4M | 0.69% | −13.0% | Trimmed |
| 35 | — | CAESARS ACQUISITION CO | $127M | 12.3M | 0.65% | −0.3% | Held |
| 36 | — | SPRINT CORP COM | $125M | 30.1M | 0.65% | −53.1% | Trimmed |
| 37 | NG | NOVAGOLD RES INC | $105M | 35.6M | 0.54% | −0.5% | Held |
| 38 | POST | POST HLDGS INC | $81M | 1.9M | 0.42% | 0.0% | Held |
| 39 | — | VALEANT PHARMACEUTICALS INTL | $75M | 520.7K | 0.38% | 0.0% | Held |
| 40 | TSU | TIM PARTICIPACOES S A | $73M | 3.3M | 0.38% | −27.7% | Trimmed |
| 41 | WLHUSD | LYON WILLIAM HOMES | $67M | 3.3M | 0.35% | 0.0% | Held |
| 42 | CIEI 2.625 12/01/19 | COBALT INTL ENERGY INC | $60M | 100.0M | 0.31% | +100.0% | Added |
| 43 | — | WHITEWAVE FOODS CO | $56M | 1.6M | 0.29% | 0.0% | Held |
| 44 | — | FELCOR LODGING TR INC | $54M | 5.0M | 0.28% | 0.0% | Held |
| 45 | VNDA | VANDA PHARMACEUTICALS INC | $52M | 3.6M | 0.27% | +11.5% | Added |
| 46 | — | RANDGOLD RES LTD | $45M | 674.4K | 0.23% | 0.0% | Held |
| 47 | HHC* | HOWARD HUGHES CORP | $41M | 315.0K | 0.21% | 0.0% | Held |
| 48 | AEM | AGNICO EAGLE MINES LTD | $33M | 1.3M | 0.17% | 0.0% | Held |
| 49 | — | ENZYMOTEC LTD | $32M | 4.2M | 0.17% | −0.8% | Held |
| 50 | BAC | VERIZON COMMUNICATIONS INC | $22M | 480.0K | 0.12% | −93.6% | Trimmed |
| 51 | — | STRATEGIC HOTELS & RESORTS I | $22M | 1.6M | 0.11% | 0.0% | Held |
| 52 | — | DEX MEDIA INC NEW | $20M | 2.2M | 0.10% | 0.0% | Held |
| 53 | GFI | GOLD FIELDS LTD NEW | $18M | 3.9M | 0.09% | −39.6% | Trimmed |
| 54 | GULTU | GULF COAST ULTRA DEEP RTY TR | $15M | 11.9M | 0.08% | −13.3% | Trimmed |
| 55 | — | SPANSION INC | $15M | 430.0K | 0.08% | — | New |
| 56 | IAG | IAMGOLD CORP | $10M | 3.9M | 0.05% | 0.0% | Held |
| 57 | THM | INTERNATIONAL TOWER HILL MIN | $10M | 23.1M | 0.05% | +158.8% | Added |
| 58 | — | SIBANYE GOLD LTD | $7M | 986.9K | 0.04% | −39.5% | Trimmed |
| 59 | — | FAMILY DLR STORES INC | $7M | 89.2K | 0.04% | −98.4% | Trimmed |
| 60 | — | BANK OF AMERICA CORPORATION | $7M | 9.4M | 0.03% | −0.7% | Held |
| 61 | — | NOVACOPPER INC | $4M | 8.7M | 0.02% | −0.3% | Held |
| 62 | — | KAMADA LTD | $3M | 739.4K | 0.01% | −1.4% | Trimmed |
| 63 | — | ALLIED NEVADA GOLD CORP | $1M | 1.5M | 0.01% | 0.0% | Held |
15 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
| Ticker | Issuer | Previous value | Previous shares |
|---|---|---|---|
| VOD | VODAFONE GROUP PLC NEW | $878M | 26.7M |
| ABBV | ABBVIE INC | $751M | 13.0M |
| — | AETNA INC NEW | $631M | 7.8M |
| — | KODIAK OIL & GAS CORP | $353M | 26.0M |
| — | ATHLON ENERGY INC | $338M | 5.8M |
| DG | DOLLAR GEN CORP NEW | $250M | 4.1M |
| HIG | HARTFORD FINL SVCS GROUP INC | $120M | 3.2M |
| — | AUXILIUM PHARMACEUTICALS INC | $119M | 4.0M |
| — | TAMINCO CORP | $99M | 3.8M |
| — | ROCK-TENN CO | $76M | 1.6M |
| — | DELPHI AUTOMOTIVE PLC | $49M | 800.0K |
| — | MOVE INC | $21M | 1.0M |
| — | REPROS THERAPEUTICS INC | $10M | 1.0M |
| — | MEASUREMENT SPECIALTIES INC | $5M | 53.6K |
| SHO | SUNSTONE HOTEL INVS INC NEW | $3M | 246.5K |
Every quarter on file (53)
From the manager’s Form 13F-HR filings on SEC EDGAR, amendments applied. Long US positions only; not a recommendation.