PAULSON & CO. INC.

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
11
Quarter
2025 Q4
Top Holding
MDGL (30.5%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-11 of 11
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
MDGL
MADRIGAL PHARMA...
Healthcare 30.48% 29.46% #1
Prev: #1
10.0 -200,001 -10.5%
P
S
1,707,522 $994,358,361 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
PPTA
PERPETUA RESOUR...
Basic Materials 24.01% 22.04% #2
Prev: #2
9.6 no change no change
P
S
32,347,299 $783,128,109 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BHC
BAUSCH HEALTH C...
Healthcare 15.61% 15.37% #3
Prev: #3
8.3 2,500,000 3.5%
P
S
73,255,869 $509,128,290 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AAMI
ACADIAN ASSET M...
Financial Services 11.16% 12.56% #4
Prev: #4
4.5 no change no change
P
S
7,743,282 $363,934,254 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NG
NOVAGOLD RES IN...
Basic Materials 7.78% 8.07% #5
Prev: #5
3.1 no change no change
P
S
27,238,061 $253,858,728 2010 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AEM
AGNICO EAGLE MI...
Basic Materials 4.07% 4.45% #6
Prev: #6
1.6 no change no change
P
S
783,561 $132,837,096 2011 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
THM
INTERNATIONAL T...
Basic Materials 4.01% 3.88% #7
Prev: #7
1.6 no change no change
P
S
70,239,388 $130,645,262 2010 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SOLS
SOLSTICE ADVANC...
Basic Materials 2.08% #8
Prev: #—
2.8 1,395,787 no change
NEW
1,395,787 $67,807,332 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
THRY
THRYV HLDGS INC
Technology 0.81% 1.74% #9 1
Prev: #8
2.3 67,070 1.6%
P
S
4,347,070 $26,299,774 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HON
HONEYWELL INTL ...
Industrials 0.00% 1.42%
Sold All 😨
(Was: #9)
0.3 -200,000 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TMQ
TRILOGY METALS ...
Basic Materials 0.00% 1.01%
Sold All 😨
(Was: #10)
0.3 -14,326,996 -100.0%
CLOSED
$— 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-11 of 11 holdings

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