Great investors · John Paulson
John Paulson portfolio · Q2 2026
John Paulson, founder of Paulson & Co.. This is the stock portfolio Paulson & Co. reported to the SEC (Form 13F) as of Jun 30, 2026, filed on Aug 14, 2026.
The 13F is filed by the firm, not the person: when this page says what John Paulson “owns” or “bought”, it means the positions of Paulson & Co. as a whole.
Next 13F: Q3 2026 usually filed ~Nov 16, 2026; deadline Nov 16, 2026. See the quarter page →
What stocks does John Paulson own?
The largest positions of Paulson & Co. in Q2 2026 are MDGL, PPTA, AAMI, BHC, THM.
- 1Madrigal PharmaceuticalsMDGLReduced27.9%Since Q2 2023 · 13 quartersIt bought in 7 quarters. Quarter-end prices of those quarters per 13F: $146.04 to $331.23.
- 2Perpetua ResourcesPPTA26.1%Since Q1 2021 · 22 quartersIt bought in 3 quarters. Quarter-end prices of those quarters per 13F: $4.98 to $12.14.
- 3Acadian Asset ManagementAAMIReduced16.2%Since Q3 2018 · 32 quartersIt bought in 3 quarters. Quarter-end prices of those quarters per 13F: $10.68 to $13.56.
- 4Bausch Health CompaniesBHC14.0%Since Q1 2014 · 50 quartersIt bought in 13 quarters. Quarter-end prices of those quarters per 13F: $6.45 to $222.15.
- 5International Tower Hill MinesTHMIncreased8.1%Since at least Q2 2013 · 53 quartersIt bought in 9 quarters. Quarter-end prices of those quarters per 13F: $0.45 to $2.30.
- 6Novagold ResourcesNG6.3%Since at least Q2 2013 · 53 quartersIt bought in 4 quarters. Quarter-end prices of those quarters per 13F: $2.22 to $7.38.
- 7Thryv HoldingsTHRY1.3%Since Q4 2020 · 23 quartersIt bought in 4 quarters. Quarter-end prices of those quarters per 13F: $2.74 to $14.80.
- 8AlphabetGOOGLNew0.1%Since Q2 2026 · 1 quarterIt bought in 1 quarter. Quarter-end price of that quarter per 13F: $353.33.
“Since”: first quarter of the current run, unbroken until today. Prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
What did John Paulson buy in Q2 2026?
- IncreasedInternational Tower Hill MinesTHM+4.9% shares · 8.1% of portfolio
- NewAlphabetGOOGL0.1% of portfolio
What did John Paulson sell in Q2 2026?
- Sold outAgnico Eagle MinesAEMwas 5.1%
- ReducedAcadian Asset ManagementAAMI−25% shares · 16.2% of portfolio
- ReducedMadrigal PharmaceuticalsMDGL−3.7% shares · 27.9% of portfolio
2 positions opened or added to and 3 trimmed or closed, against the previous quarter's 13F. Each is measured the same way across the page: how much the share count changed and its weight in the portfolio today (share classes of the same company added together). The 13F has 5 positions with a change, 3 of them material (0.5 points of the portfolio or more). All full exits are listed, even those that moved less than 0.5 points of the portfolio.
How its portfolio changed (8 quarters)
Q2 2026: 8
Q2 2026: 100%
Q2 2026: 5.4%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Source: SEC 13F filings show the portfolio at quarter end and are filed up to 45 days later: positions may have changed. They only cover U.S.-listed stocks and some others; no short positions or cash. Not investment advice.