PAULSON & CO. INC.
CIK: 0001035674Latest portfolio: $3.3B · Q4 2025
Holdings
9
Total Value
$3.3B
New Positions
1
Closed Positions
2
Top Holdings
| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | MDGLMADRIGAL PHARMACEUTICALS INC | 1,707,522 | $994.4M | 30.48% | -200,001 | |
| 2 | PPTAPERPETUA RESOURCES CORP | 32,347,299 | $783.1M | 24.01% | — | |
| 3 | BHCBAUSCH HEALTH COS INC | 73,255,869 | $509.1M | 15.61% | +2.5M | |
| 4 | AAMIACADIAN ASSET MANAGEMENT INC | 7,743,282 | $363.9M | 11.16% | — | |
| 5 | NGNOVAGOLD RES INC | 27,238,061 | $253.9M | 7.78% | — | |
| 6 | AEMAGNICO EAGLE MINES LTD | 783,561 | $132.8M | 4.07% | — | |
| 7 | ITHINTERNATIONAL TOWER HILL MIN | 70,239,388 | $130.6M | 4.01% | — | |
| 8 | SOLSSOLSTICE ADVANCED MATLS INC | 1,395,787 | $67.8M | 2.08% | NEW | |
| 9 | THRYTHRYV HLDGS INC | 4,347,070 | $26.3M | 0.81% | +67K |
Quarterly Changes
Sector Breakdown
Basic Materials0.0% ($78312825385813.3T)
Healthcare0.0% ($994.4T)
Financial Services0.0% ($363.9M)
Unknown0.0% ($130.6M)
Communication Services0.0% ($26.3M)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 17, 2026 | $3.3B | 9 |
| Q3 2025 | Nov 14, 2025 | $3.0T | 10 |
| Q2 2025 | Aug 14, 2025 | $2.0T | 15 |
| Q1 2025 | May 15, 2025 | $1.7T | 14 |
| Q4 2024 | Feb 14, 2025 | $1.7T | 13 |
| Q3 2024 | Nov 14, 2024 | $1425.2T | 15 |
| Q2 2024 | Aug 14, 2024 | $1353.0T | 16 |
| Q1 2024 | May 15, 2024 | $1447.9T | 18 |
| Q4 2023 | Feb 14, 2024 | $1108.0T | 17 |
| Q3 2023 | Nov 14, 2023 | $1117.6T | 18 |
| Q2 2023 | Aug 14, 2023 | $1024.4T | 21 |
| Q1 2023 | May 15, 2023 | $1202.8T | 20 |
| Q4 2022 | Feb 14, 2023 | $1111.0T | 22 |
| Q3 2022 | Nov 14, 2022 | $1.4T | 28 |
| Q2 2022 | Aug 15, 2022 | $2.0T | 32 |
| Q1 2022 | May 16, 2022 | $3.2T | 33 |
| Q4 2021 | Feb 14, 2022 | $3.2T | 36 |
| Q3 2021 | Nov 15, 2021 | $3.5T | 38 |
| Q2 2021 | Aug 16, 2021 | $4.2T | 40 |
| Q1 2021 | May 17, 2021 | $4.4T | 36 |
| Q4 2020 | Feb 16, 2021 | $3.9T | 36 |
| Q3 2020 | Nov 16, 2020 | $3.2T | 31 |
| Q2 2020 | Aug 14, 2020 | $3.1T | 30 |
| Q1 2020 | May 15, 2020 | $2.6T | 33 |
| Q4 2019 | Feb 14, 2020 | $4.6T | 37 |
| Q3 2019 | Nov 14, 2019 | $5.0T | 45 |
| Q2 2019 | Aug 14, 2019 | $5.9T | 51 |
| Q1 2019 | May 15, 2019 | $4.6T | 53 |
| Q4 2018 | Feb 14, 2019 | $4.2T | 51 |
| Q3 2018 | Nov 14, 2018 | $5.3T | 58 |
| Q2 2018 | Aug 14, 2018 | $4.9T | 54 |
| Q1 2018 | May 15, 2018 | $4.6T | 51 |
| Q4 2017 | Feb 14, 2018 | $5.1T | 54 |
| Q3 2017 | Nov 14, 2017 | $5.6T | 54 |
| Q2 2017 | Aug 14, 2017 | $7.4T | 110 |
| Q1 2017 | May 15, 2017 | $7.5T | 100 |
| Q4 2016 | Feb 14, 2017 | $7.9T | 103 |
| Q3 2016 | Nov 14, 2016 | $9.2T | 94 |
| Q2 2016 | Aug 15, 2016 | $9.8T | 86 |
| Q1 2016 | May 16, 2016 | $13.5T | 97 |
Fund Information
PAULSON & CO. INC. is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $3.3B across 9 holdings. The largest position is MADRIGAL PHARMACEUTICALS INC (MDGL), representing 30.5% of the portfolio. Compared to the previous quarter, the fund opened 1 new positions and closed 2 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.