Filed: 2/17/2026ACC: 0001013594-26-000257
📋 What this filing means
PAULSON & CO. INC. filed this quarterly 13F‑HR report disclosing 9 equity positions with a total reported market value of $3.26B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
9
Positions
$3.26B
Total AUM (reported)
219.06M
Total Shares
Allocation by class
COM$2.91B89.3%
COM NEW$280.16M8.6%
COM SHS$67.81M2.1%
Portfolio Concentration
Top 3$2.29B70.1%
4–10$975.38M29.9%
Top 3 weight
70.1%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 219.06M
Sole
Full voting authority
219.06M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other9
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings9
Rows:
MADRIGAL PHARMACEUTICALS INC
DFNDShares1.71M
TypeSH
Market value$994.36M
30.48%
Sole
1.71M
Shared
0.00
None
0.00
PERPETUA RESOURCES CORP
DFNDShares32.35M
TypeSH
Market value$783.13M
24.01%
Sole
32.35M
Shared
0.00
None
0.00
BAUSCH HEALTH COS INC
DFNDShares73.26M
TypeSH
Market value$509.13M
15.61%
Sole
73.26M
Shared
0.00
None
0.00
ACADIAN ASSET MANAGEMENT INC
DFNDShares7.74M
TypeSH
Market value$363.93M
11.16%
Sole
7.74M
Shared
0.00
None
0.00
NOVAGOLD RES INC
DFNDShares27.24M
TypeSH
Market value$253.86M
7.78%
Sole
27.24M
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
DFNDShares783.56K
TypeSH
Market value$132.84M
4.07%
Sole
783.56K
Shared
0.00
None
0.00
INTERNATIONAL TOWER HILL MIN
DFNDShares70.24M
TypeSH
Market value$130.65M
4.01%
Sole
70.24M
Shared
0.00
None
0.00
SOLSTICE ADVANCED MATLS INC
DFNDShares1.40M
TypeSH
Market value$67.81M
2.08%
Sole
1.40M
Shared
0.00
None
0.00
THRYV HLDGS INC
DFNDShares4.35M
TypeSH
Market value$26.30M
0.81%
Sole
4.35M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MADRIGAL PHARMACEUTICALS INCDFND | COM | 1.71M | SH | $994.36M 30.48% | 1.71M | 0.00 | 0.00 |
PERPETUA RESOURCES CORPDFND | COM | 32.35M | SH | $783.13M 24.01% | 32.35M | 0.00 | 0.00 |
BAUSCH HEALTH COS INCDFND | COM | 73.26M | SH | $509.13M 15.61% | 73.26M | 0.00 | 0.00 |
ACADIAN ASSET MANAGEMENT INCDFND | COM | 7.74M | SH | $363.93M 11.16% | 7.74M | 0.00 | 0.00 |
NOVAGOLD RES INCDFND | COM NEW | 27.24M | SH | $253.86M 7.78% | 27.24M | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDDFND | COM | 783.56K | SH | $132.84M 4.07% | 783.56K | 0.00 | 0.00 |
INTERNATIONAL TOWER HILL MINDFND | COM | 70.24M | SH | $130.65M 4.01% | 70.24M | 0.00 | 0.00 |
SOLSTICE ADVANCED MATLS INCDFND | COM SHS | 1.40M | SH | $67.81M 2.08% | 1.40M | 0.00 | 0.00 |
THRYV HLDGS INCDFND | COM NEW | 4.35M | SH | $26.30M 0.81% | 4.35M | 0.00 | 0.00 |