Paulson & Co. Inc. · Q2 2026 13F · SEC CIK 1035674
John Paulson portfolio
Investment managerPaulson & Co. 13F holdings. Filed 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $2.6B
- Reported positions
- 8
- Top holdings a year, 3 yrs
- +38.2%
- Average holding period
- 6.3 yrs
John Paulson is the founder of Paulson & Co., which reported 8 positions worth $2.6B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Madrigal Pharmaceuticals Inc (MDGL, 27.9%), Perpetua Resources Corporation (canada) (PPTA, 26.1%), Acadian Asset Management Inc (AAMI, 16.2%). A portfolio copying its top holdings returned 38.2% a year over the last 3 years, against 20.4% for the S&P 500.
John Paulson holdings all 8 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| MDGLMadrigal Pharmaceuticals Inc | 27.9% | -3.7% | $719.5M |
| PPTAPerpetua Resources Corporation (canada) | 26.1% | +0.0% | $671.5M |
| AAMIAcadian Asset Management Inc | 16.2% | -24.5% | $417.9M |
| BHCBausch Health Cos Inc | 14.0% | +0.0% | $361.2M |
| THMInternational Tower Hill Min | 8.1% | +4.9% | $207.9M |
| NGNovagold Resources Inc | 6.3% | +0.0% | $162.6M |
| THRYThryv Hldgs Inc | 1.3% | +0.0% | $33.3M |
| GOOGLAlphabet Inc | 0.1% | — | $1.8M |
What John Paulson bought and sold in Q2 2026, against Q1 2026.
New positions
- GOOGL Alphabet Inc0.1% of 13F
Added to
No position grew by more than 5%.
Reduced
- AAMI Acadian Asset Management Inc-24.5% shares
Sold out
- AEM Agnico Eagle Mines Ltdwas 5.1%
- FOLD Amicus Therapeuticwas 0.0%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +39.0% /yr
- S&P 500 +20.1%
- 3 years
- +38.2% /yr
- S&P 500 +20.4%
- 5 years
- +14.6% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $2.6B | 8 |
| Q1 2026 | $3.1B | 9 |
| Q4 2025 | $3.3B | 9 |
| Q3 2025 | $3.0B | 10 |
| Q2 2025 | $2.0B | 15 |
| Q1 2025 | $1.7B | 14 |
| Q4 2024 | $1.7B | 13 |
| Q3 2024 | $1.4B | 15 |
| Q2 2024 | $1.4B | 16 |
| Q1 2024 | $1.4B | 18 |
| Q4 2023 | $1.1B | 17 |
| Q3 2023 | $1.1B | 18 |
Questions about John Paulson's portfolio
Who is John Paulson?
John Paulson is the founder of Paulson & Co., an investment manager that files its US stock holdings with the SEC on Form 13F under the name Paulson & Co. Inc..
What stocks does John Paulson own?
Paulson & Co. Inc.'s latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 8 positions worth $2.6B. The largest are Madrigal Pharmaceuticals Inc (MDGL) at 27.9%, Perpetua Resources Corporation (canada) (PPTA) at 26.1%, Acadian Asset Management Inc (AAMI) at 16.2%, Bausch Health Cos Inc (BHC) at 14.0% and International Tower Hill Min (THM) at 8.1%.
What did John Paulson buy last quarter?
In Q2 2026, Paulson & Co. Inc. added a new position in Alphabet Inc (GOOGL), compared with its Q1 2026 filing.
What did John Paulson sell last quarter?
In Q2 2026, Paulson & Co. Inc. sold all of Agnico Eagle Mines Ltd (AEM), sold all of Amicus Therapeutic (FOLD) and Acadian Asset Management Inc (AAMI) (-24.5% shares), compared with its Q1 2026 filing.
How has John Paulson's portfolio performed?
A portfolio copying Paulson & Co. Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +38.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +39.0% against +20.1%. Over 5 years: +14.6% a year against +11.6%.
When is Paulson & Co. Inc.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Paulson & Co. Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.