Paulson buys Perpetua, exits American Equity in Q1 - InvestingChannel

Paulson buys Perpetua, exits American Equity in Q1

John Paulson’s Paulson & Co. disclosed in an SEC filings its holdings as of March 31, 2021. Paulson’s three new buys during the first quarter included, by size of position, Perpetua Resources (PPTA) and Talend (TLND).

The fund exited three positions in the quarter, including by size of previous position Discovery Class C (DISCK) and American Equity Investment Life Holding (AEL). Paulson increased its stake in five holdings, including by size of previous position Alexion (ALXN), Occidental (OXY), Exxon Mobil (XOM), TIM SA (TIMB), and SandRidge Energy (SD).

The fund reduced its stake in three holdings, including by size of previous position Takeda (TAK), Barrick Gold (GOLD), and Thryv Holdings (THRY). The fund’s top holdings as of March 31, in order of size, were Bausch Health (BHC), Horizon Therapeutics (HZNP), Brightsphere Investment (BSIG), SPDR Gold Shares (GLD), and Alexion.

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