Whale Analyzer
Paulson & Co 13F Holdings and Portfolio Changes
Paulson & Co reported $2.58B in 13F securities for Q2 2026, with 8 positions. Values are as of the report date; option positions, when present, use underlying-security values. This is not complete fund assets or investment performance.
Open interactive portfolioLatest 13F portfolio changes
New or increased positions include INTERNATIONAL TOWER HILL MIN (THM) and Alphabet (GOOGL). Reduced or exited positions include MADRIGAL PHARMACEUTICALS (MDGL), ACADIAN ASSET MANAGEMENT (AAMI), AGNICO EAGLE MINES (AEM), and AMICUS THERAPEUTIC (FOLD). These are comparisons between reported positions, not a record of execution dates, prices or cash traded.
Latest filing metadata: quarter Q2 2026; report date 2026-06-30; filing date 2026-08-14; disclosure source SEC 13F.
Reported holdings and concentration
Paulson & Co's Q2 2026 13F report contains 8 positions valued at $2.58B. The largest reported holdings include MADRIGAL PHARMACEUTICALS, PERPETUA RESOURCES, ACADIAN ASSET MANAGEMENT, BAUSCH HEALTH COS, and INTERNATIONAL TOWER HILL MIN.
The three largest positions in the holdings table account for approximately 70.2% of reported 13F value. The largest reported sector exposure is Health Care at 42.0% of the disclosed portfolio.
The filing metadata lists report date 2026-06-30, filing date 2026-08-14, SEC accession 0001013594-26-000913. SEC 13F reports are normally published up to 45 days after quarter end, so the data is best used to understand institutional positioning after the fact rather than to infer today's exact portfolio.
Paulson & Co portfolio analytics
the top five positions account for 92.3% of disclosed value; the largest sector exposure is Health Care at 42.0%; latest prices differ from modeled cost estimates by an average 154.2% across 8 tracked positions (estimated costs, not reported purchase prices or actual investment returns).
Top reported holdings
| Holding | Reported value | Weight | Quarter change |
|---|---|---|---|
| MDGL whale holders MADRIGAL PHARMACEUTICALS INC | $719.5M | 27.9% | Reduced |
| PPTA whale holders PERPETUA RESOURCES CORP | $671.5M | 26.1% | Held |
| AAMI whale holders ACADIAN ASSET MANAGEMENT INC | $417.9M | 16.2% | Reduced |
| BHC whale holders BAUSCH HEALTH COS INC | $361.2M | 14.0% | Held |
| THM whale holders INTERNATIONAL TOWER HILL MIN | $207.9M | 8.1% | Increased |
| NG whale holders NOVAGOLD RESOURCES INC | $162.6M | 6.3% | Held |
| THRY whale holders THRYV HLDGS INC | $33.3M | 1.3% | Held |
| GOOGL whale holders ALPHABET INC | $1.8M | 0.1% | New |
New and increased positions
Largest reported position values among additions; not amounts spent buying.
- THM whale holders — INTERNATIONAL TOWER HILL MIN ($207.9M)
- GOOGL whale holders — ALPHABET INC ($1.8M)
Reduced and exited positions
Sorted by reported position value; exits use the prior report. These are not sale proceeds.
- MDGL whale holders — MADRIGAL PHARMACEUTICALS INC ($719.5M)
- AAMI whale holders — ACADIAN ASSET MANAGEMENT INC ($417.9M)
- AEM whale holders — AGNICO EAGLE MINES LTD ($159.0M)
- FOLD whale holders — AMICUS THERAPEUTIC ($468.5K)
Allocation
- Health Care: 42.0%
- Energy: 32.4%
- Other: 25.6%
- Communication Services: 0.1%
Data notes
Report date: 2026-06-30
Disclosure source: SEC 13F
Read the original SEC filing (0001013594-26-000913)
SEC 13F filings are delayed public disclosures and do not include every asset class, short positions, or real-time trades.
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Questions about this 13F filing
What does Paulson & Co report for Q2 2026?
The filing reports 8 positions and $2.58B in 13F securities. The holdings table shows reported values and weights; option values follow the filing's reporting conventions.
What changed between filings?
New or increased positions include INTERNATIONAL TOWER HILL MIN (THM) and Alphabet (GOOGL). Reduced or exited positions include MADRIGAL PHARMACEUTICALS (MDGL), ACADIAN ASSET MANAGEMENT (AAMI), AGNICO EAGLE MINES (AEM), and AMICUS THERAPEUTIC (FOLD).
Do these amounts show how much was bought or sold?
No. The change lists are ranked by reported position value. Exited positions use their value in the prior report. These amounts are not execution prices, cash invested or sale proceeds.
Is this the current portfolio?
No. Form 13F is a quarter-end snapshot, generally filed within 45 days of quarter end. It excludes short positions and does not cover every asset. Compare the report date and filing date before using the data.