John Paulson Portfolio

Paulson & Co Inc Holdings

John Paulson’s portfolio investment focus centers on high-conviction, event-driven and undervalued opportunities across biotech and natural resources, with concentrated bets in selected stocks. Top five stock investments directly reflected include:
1. Perpetua Resources Corp. (Perpetua Resources) – An energy-oriented investment thesis tied to resource development potential, positioning the portfolio toward commodity-linked upside and operational execution risk/reward.
2. Madrigal Pharmaceuticals Inc (Madrigal Pharmaceuticals) – A biotech growth investment reflecting a preference for specialized drug pipelines and catalysts, aiming to benefit from clinical progress and market adoption dynamics.
3. Bausch Health Companies Inc (Bausch Health) – A value/opportunistic healthcare investment approach, typically aligned with restructuring leverage, balance-sheet improvement, and product lifecycle inflection.
4. International Tower Hill Mines Ltd (International Tower Hill Mines) – A mining-focused portfolio holding that aligns with metals exposure, emphasizing exploration and production economics as key drivers for long-term returns.
5. Novagold Resources Inc (Novagold Resources) – A gold/mining investment reflecting Paulson-style commodity conviction, where asset quality, reserve expansion, and macro conditions can strongly influence performance.
Overall, these stocks highlight John Paulson’s selective portfolio strategy: targeted investment in sectors where catalysts, valuation dispersion, and commodity or biopharma outcomes can create asymmetric opportunities.