PAULSON & CO. INC.

CIK: 0001035674SEC EDGAR →

Portfolio Value

$3.3B

Holdings

9

As of

Q4 2025

New Positions

0

Closed Positions

5

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

MADRIGAL PHARMACEUTICALS INC

1,707,522$994.4M
30.48%
2

PERPETUA RESOURCES CORP

32,347,299$783.1M
24.01%
3

BAUSCH HEALTH COS INC

73,255,869$509.1M
15.61%
4

ACADIAN ASSET MANAGEMENT INC

7,743,282$363.9M
11.16%
5

NOVAGOLD RES INC

27,238,061$253.9M
7.78%
6

AGNICO EAGLE MINES LTD

783,561$132.8M
4.07%
7

INTERNATIONAL TOWER HILL MIN

70,239,388$130.6M
4.01%
8

SOLSTICE ADVANCED MATLS INC

1,395,787$67.8M
2.08%
9

THRYV HLDGS INC

4,347,070$26.3M
0.81%

Quarterly Changes

Top Buys

SOLSNEW
$67.8M
BHC↑ Increased
$52.8M
THRY↑ Increased
$25.3M

Top Sells

MDGL↓ Decreased
$119.5M
HONCLOSED
$42.1M
TMQCLOSED
$30.1M

New Positions (1)

$67.8M · 1.4M shares

Closed Positions (2)

$42.1M · 200K shares
$30.1M · 14.3M shares

Sector Breakdown

Sector# HoldingsValue%
Healthcare2$1.5B46.1%
Basic Materials4$1.2B37.9%
Financial Services1$363.9M11.2%
Unknown1$130.6M4.0%
Communication Services1$26.3M0.8%