Exploring the Latest 13F Filing and Investment Strategies John Paulson (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. John Paulson (Trades, Portfolio) is the President and Portfolio Manager of Paulson & Co. Inc. Paulson was ranked by Absolute Return Magazine as the 3rd largest hedge fund in the world managing approximately $29 billion in merger, event, and distressed strategies. Mr. Paulson received his Masters of Business Administration with high distinction, as a Baker Scholar, from Harvard Business School in 1980. He graduated summa cum laude in Finance from New York University's College of Business and Public Administration in 1978. Prior to forming Paulson in 1994, John was a general partner of Gruss Partners and a managing director in mergers and acquisitions at Bear Stearns. John Paulson (Trades, Portfolio), a former mergers and acquisitions banker, established his firm as a merger arbitrage hedge fund manager, seeking to make money from situations when one public company announces plans to take over another. Merger arbitrage hedge funds primarily study equity markets, but they also research the market for credit default swaps, a form of insurance that starts paying out as soon as a credit security falls in value. Warning! GuruFocus has detected 4 Warning Signs with MDGL.John Paulson's Strategic Move: Honeywell International Inc. Takes Center Stage Summary of New Buy John Paulson (Trades, Portfolio) added a total of 2 stocks, among them: The most significant addition was Honeywell International Inc (NASDAQ:HON), with 200,000 shares, accounting for 2.42% of the portfolio and a total value of $42.35 million. The second largest addition to the portfolio was Intra-Cellular Therapies Inc (ITCI), consisting of 21,500 shares, representing approximately 0.16% of the portfolio, with a total value of $2,836,280. Key Position Increases John Paulson (Trades, Portfolio) also increased stakes in a total of 2 stocks, among them: The most notable increase was Madrigal Pharmaceuticals Inc (NASDAQ:MDGL), with an additional 57,523 shares, bringing the total to 2,099,523 shares. This adjustment represents a significant 2.82% increase in share count, a 1.09% impact on the current portfolio, with a total value of $695.425 million. The second largest increase was International Tower Hill Mines Ltd (THM), with an additional 6,040,408 shares, bringing the total to 70,239,388. This adjustment represents a significant 9.41% increase in share count, with a total value of $44,391,290. Summary of Sold Out John Paulson (Trades, Portfolio) completely exited 1 of the holdings in the first quarter of 2025, as detailed below: Story Continues Alphabet Inc (NASDAQ:GOOGL): John Paulson (Trades, Portfolio) sold all 10,000 shares, resulting in a -0.12% impact on the portfolio. Portfolio Overview At the first quarter of 2025, John Paulson (Trades, Portfolio)'s portfolio included 14 stocks, with top holdings including 39.81% in Madrigal Pharmaceuticals Inc (NASDAQ:MDGL), 15.16% in Perpetua Resources Corp (NASDAQ:PPTA), 13.25% in Acadian Asset Management Inc (NYSE:AAMI), 9.79% in Bausch Health Companies Inc (NYSE:BHC), and 4.86% in Agnico Eagle Mines Ltd (NYSE:AEM).John Paulson's Strategic Move: Honeywell International Inc. Takes Center Stage The holdings are mainly concentrated in 5 of all the 11 industries: Healthcare, Basic Materials, Financial Services, Communication Services, and Industrials.John Paulson's Strategic Move: Honeywell International Inc. Takes Center Stage This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. View Comments
John Paulson's Strategic Move: Honeywell International Inc. Takes Center Stage
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