John Paulson’s portfolio: Paulson & Co 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001035674Latest: Q2 2026
Q4 2015 filing in brief
In its Q4 2015 13F, filed February 16, 2016, Paulson & Co reported $16.7B across 77 US positions. The largest: ALLERGAN PLC (10.3%), SHIRE PLC (8.4%), VALEANT PHARMACEUTICALS INTL (8.1%), TEVA (8.0%), MYLAN N V (7.4%). In the quarter it opened 25 positions, sold out of 13, added to 8 and trimmed 23; positions opened and sold out came to 12.7% 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 16, 2016
- 25 New
- 8 Added
- 23 Trimmed
- 13 Exited
77 positions at December 31, 2015. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | — | ALLERGAN PLC | $1.7B | 5.5M | 10.33% | −23.0% | Trimmed |
| 2 | — | SHIRE PLC | $1.4B | 6.8M | 8.39% | +0.6% | Held |
| 3 | — | VALEANT PHARMACEUTICALS INTL | $1.3B | 13.3M | 8.06% | +49.2% | Added |
| 4 | TEVA | TEVA PHARMACEUTICAL INDS LTD | $1.3B | 20.4M | 8.01% | +13.4% | Added |
| 5 | — | MYLAN N V | $1.2B | 22.8M | 7.37% | +4.0% | Added |
| 6 | — | TIME WARNER CABLE INC | $1.1B | 5.9M | 6.51% | −27.7% | Trimmed |
| 7 | — | STARWOOD HOTELS&RESORTS WRLD | $804M | 11.6M | 4.81% | −25.6% | Trimmed |
| 8 | TMUS | T-MOBILE US INC | $774M | 19.8M | 4.63% | −16.0% | Trimmed |
| 9 | AIG | AMERICAN INTL GROUP INC | $719M | 11.6M | 4.30% | −20.5% | Trimmed |
| 10 | STAYUSD | EXTENDED STAY AMER INC | $678M | 42.7M | 4.05% | −10.5% | Trimmed |
| 11 | — | MALLINCKRODT PUB LTD CO | $644M | 8.6M | 3.85% | +30.8% | Added |
| 12 | GLD | SPDR GOLD TRUST | $586M | 5.8M | 3.50% | −37.5% | Trimmed |
| 13 | GRFS | GRIFOLS S A | $402M | 12.4M | 2.40% | −30.1% | Trimmed |
| 14 | LRCX | LAM RESEARCH CORP | $397M | 5.0M | 2.37% | — | New |
| 15 | — | PERRIGO CO PLC | $385M | 2.7M | 2.30% | −9.4% | Trimmed |
| 16 | POST | POST HLDGS INC | $253M | 4.1M | 1.51% | +10.8% | Added |
| 17 | — | COBALT INTL ENERGY INC | $215M | 39.8M | 1.28% | −4.8% | Trimmed |
| 18 | — | LIVANOVA PLC | $211M | 3.6M | 1.26% | — | New |
| 19 | MTG 2 04/01/20 | MGIC INVT CORP WIS | $208M | 149.5M | 1.24% | 0.0% | Held |
| 20 | — | ENDO INTL PLC | $202M | 3.3M | 1.21% | +93.1% | Added |
| 21 | — | REALOGY HLDGS CORP | $193M | 5.3M | 1.15% | −25.3% | Trimmed |
| 22 | AU3EUR | ANGLOGOLD ASHANTI LTD | $163M | 22.9M | 0.97% | −8.5% | Trimmed |
| 23 | NG | NOVAGOLD RES INC | $150M | 35.6M | 0.90% | 0.0% | Held |
| 24 | CITUSD | CIT GROUP INC | $138M | 3.5M | 0.82% | −49.9% | Trimmed |
| 25 | CIEI 3.125 05/15/24 | COBALT INTL ENERGY INC | $115M | 219.2M | 0.68% | 0.0% | Held |
| 26 | CZR | CAESARS ENTMT CORP | $114M | 14.5M | 0.68% | 0.0% | Held |
| 27 | AKRXEUR | AKORN INC | $107M | 2.9M | 0.64% | — | New |
| 28 | RDN 2.25 03/01/19 | RADIAN GROUP INC | $103M | 80.0M | 0.62% | 0.0% | Held |
| 29 | CVCEUR | CABLEVISION SYS CORP | $99M | 3.1M | 0.59% | −60.4% | Trimmed |
| 30 | — | BANK OF AMERICA CORPORATION | $95M | 16.4M | 0.57% | −1.5% | Trimmed |
| 31 | — | OUTFRONT MEDIA INC | $94M | 4.3M | 0.56% | 0.0% | Held |
| 32 | — | CAESARS ACQUISITION CO | $90M | 13.2M | 0.54% | 0.0% | Held |
| 33 | CIEI 2.625 12/01/19 | COBALT INTL ENERGY INC | $55M | 98.3M | 0.33% | 0.0% | Held |
| 34 | WLHUSD | LYON WILLIAM HOMES | $55M | 3.3M | 0.33% | 0.0% | Held |
| 35 | — | SYNERGY PHARMACEUTICALS DEL | $51M | 9.0M | 0.31% | 0.0% | Held |
| 36 | TSU | TIM PARTICIPACOES S A | $51M | 6.0M | 0.30% | 0.0% | Held |
| 37 | — | RANDGOLD RES LTD | $42M | 680.0K | 0.25% | 0.0% | Held |
| 38 | — | ENZYMOTEC LTD | $42M | 4.2M | 0.25% | 0.0% | Held |
| 39 | OASEUR | OASIS PETE INC NEW | $40M | 5.4M | 0.24% | −35.2% | Trimmed |
| 40 | VNDA | VANDA PHARMACEUTICALS INC | $37M | 3.9M | 0.22% | 0.0% | Held |
| 41 | AEM | AGNICO EAGLE MINES LTD | $33M | 1.3M | 0.20% | −4.5% | Trimmed |
| 42 | — | WHITING PETE CORP NEW | $30M | 3.2M | 0.18% | −66.8% | Trimmed |
| 43 | MTG | MGIC INVT CORP WIS | $24M | 2.7M | 0.14% | −76.0% | Trimmed |
| 44 | PFE | PFIZER INC | $20M | 632.7K | 0.12% | — | New |
| 45 | — | PHARMERICA CORP | $17M | 496.0K | 0.10% | +10.2% | Added |
| 46 | — | OI S.A. | $16M | 26.8M | 0.10% | +718.3% | Added |
| 47 | RDN | RADIAN GROUP INC | $16M | 1.2M | 0.09% | −79.0% | Trimmed |
| 48 | — | FELCOR LODGING TR INC | $14M | 1.9M | 0.09% | −33.9% | Trimmed |
| 49 | BIIB | BIOGEN INC | $11M | 36.2K | 0.07% | — | New |
| 50 | — | SYNTHESIS ENERGY SYS INC | $10M | 10.0M | 0.06% | 0.0% | Held |
| 51 | ABBV | ABBVIE INC | $8M | 139.7K | 0.05% | — | New |
| 52 | — | LIBERTY GLOBAL | $8M | 180.0K | 0.05% | 0.0% | Held |
| 53 | DWREEUR | DEMANDWARE INC | $7M | 134.0K | 0.04% | — | New |
| 54 | DPLOEUR | DIPLOMAT PHARMACY INC | $7M | 210.0K | 0.04% | — | New |
| 55 | VRTX | VERTEX PHARMACEUTICALS INC | $6M | 46.4K | 0.03% | — | New |
| 56 | IAG | IAMGOLD CORP | $5M | 3.9M | 0.03% | 0.0% | Held |
| 57 | THM | INTERNATIONAL TOWER HILL MIN | $4M | 23.1M | 0.03% | 0.0% | Held |
| 58 | GMED | GLOBUS MED INC | $4M | 132.3K | 0.02% | — | New |
| 59 | ETSY | ETSY INC | $4M | 437.0K | 0.02% | — | New |
| 60 | PBYI | PUMA BIOTECHNOLOGY INC | $4M | 46.0K | 0.02% | — | New |
| 61 | — | NOVACOPPER INC | $3M | 11.8M | 0.02% | 0.0% | Held |
| 62 | DVAX | DYNAVAX TECHNOLOGIES CORP | $3M | 133.8K | 0.02% | — | New |
| 63 | — | KAMADA LTD | $3M | 739.4K | 0.02% | 0.0% | Held |
| 64 | INSM | INSMED INC | $3M | 165.2K | 0.02% | — | New |
| 65 | — | LABORATORY CORP AMER HLDGS | $3M | 23.6K | 0.02% | — | New |
| 66 | — | BANK OF AMERICA CORPORATION | $2M | 9.0M | 0.01% | −3.0% | Trimmed |
| 67 | — | LOXO ONCOLOGY INC | $2M | 82.2K | 0.01% | — | New |
| 68 | NUVAGBP | NUVASIVE INC | $2M | 31.8K | 0.01% | — | New |
| 69 | RIGL | RIGEL PHARMACEUTICALS INC | $2M | 528.7K | 0.01% | — | New |
| 70 | MCK | MCKESSON CORP | $2M | 8.1K | 0.01% | — | New |
| 71 | ALNY | ALNYLAM PHARMACEUTICALS INC | $1M | 12.3K | 0.01% | — | New |
| 72 | — | PRICELINE GRP INC | $1M | 900 | 0.01% | — | New |
| 73 | — | ESPERION THERAPEUTICS INC NE | $501K | 22.5K | 0.00% | — | New |
| 74 | MNTA | MOMENTA PHARMACEUTICALS INC | $324K | 21.8K | 0.00% | — | New |
| 75 | — | AEGERION PHARMACEUTICALS INC | $267K | 26.4K | 0.00% | — | New |
| 76 | — | DEX MEDIA INC NEW | $267K | 1.3M | 0.00% | −39.6% | Trimmed |
| 77 | SU | SUNCOR ENERGY INC NEW | $3K | 100 | 0.00% | — | New |
13 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 |
|---|---|---|---|
| HCA | HCA HOLDINGS INC | $365M | 4.7M |
| — | PRECISION CASTPARTS CORP | $230M | 1.0M |
| — | CAMERON INTERNATIONAL CORP | $184M | 3.0M |
| — | ALTERA CORP | $175M | 3.5M |
| — | CYBERONICS INC | $118M | 1.9M |
| MGM | MGM RESORTS INTERNATIONAL | $106M | 5.8M |
| — | WHITEWAVE FOODS CO | $104M | 2.6M |
| — | INTERXION HOLDING N.V | $69M | 2.5M |
| — | AETNA INC NEW | $46M | 418.8K |
| — | COMPUTER SCIENCES CORP | $43M | 701.2K |
| HHC* | HOWARD HUGHES CORP | $19M | 165.0K |
| — | OI S.A. | $17M | 25.5M |
| — | SANDRIDGE ENERGY INC | $142K | 527.3K |
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.