Extended Stay America (STAY): According to public filings STAY is Paulson's largest position at almost 10 percent of his US long portfolio.
Houghton Mifflin Harcourt (HMHC): HMHC is 3.38% of Paulson's long US equities portfolio.
Caesars Acquisition Company (CACQ): CACQ is a 0.96% of the US long portfolio stake established this quarter.
Others:
Santarus Inc. (SNTS)
American Airlines Group (AAL)
Compuware Corporation (CPWR)
Digital Realty (DLR)
Monday, February 24, 2014
Monday, February 17, 2014
John Paulson is bullish stocks
Hedgefund genius John Paulson in an interview early 2014 says,
“The U.S. economy hasn’t taken off. It’s doing OK. I’m hopeful that growth will pick up -- we are somewhere in the middle of the cycle.”
Paulson, who runs the $20 billion Paulson & Co., said one reason to be optimistic about equities is that the economy is just in the middle of its current growth cycle. His Recovery Fund, which buys stakes in companies that he expects to profit from an improving economy, climbed 63 percent last year. His Recovery Fund was No. 3 in Bloomberg’s ranking.
via http://www.sfgate.com/business/bloomberg/article/Altman-Leads-Hedge-Fund-Managers-Betting-Stock-5161405.php
“The U.S. economy hasn’t taken off. It’s doing OK. I’m hopeful that growth will pick up -- we are somewhere in the middle of the cycle.”
Paulson, who runs the $20 billion Paulson & Co., said one reason to be optimistic about equities is that the economy is just in the middle of its current growth cycle. His Recovery Fund, which buys stakes in companies that he expects to profit from an improving economy, climbed 63 percent last year. His Recovery Fund was No. 3 in Bloomberg’s ranking.
via http://www.sfgate.com/business/bloomberg/article/Altman-Leads-Hedge-Fund-Managers-Betting-Stock-5161405.php
Monday, February 10, 2014
John Paulson European unit increased profits
John Paulson Europe, a Jermyn Street-based subsidiary of Wall Street firm Paulson & Co, increased turnover by 14 per cent from £13.3m to £15.2m for the year ending March 2013, reversing a 32 per cent decline in 2012.
While still lower than the £26.5m profit in 2011-12, Paulson’s European comeback comes amid a better performance across its suite of funds.
The accounts, filed at Companies House, show two Paulson partners left the company last year, with both Nikolai Petchenikov and Mina Herrmann exiting the business in December and May 2012 respectively.
The highest paid member of the partnership for 2013 was paid nearly £2m
- Via http://www.cityam.com/article/1389313783/paulson-heals-european-trades-post-return-form
While still lower than the £26.5m profit in 2011-12, Paulson’s European comeback comes amid a better performance across its suite of funds.
The highest paid member of the partnership for 2013 was paid nearly £2m
- Via http://www.cityam.com/article/1389313783/paulson-heals-european-trades-post-return-form
Monday, February 3, 2014
John Paulson backed OneWest seeking buyer
OneWest Bank FSB, the lender backed by John Paulson and George Soros, is working with Goldman Sachs Group Inc. to find a buyer as it also prepares for an initial public offering, people with knowledge of the matter said.
OneWest, which was known as IndyMac Bancorp Inc. before its 2008 failure, has begun reaching out to potential buyers and plans to solicit bids in the next two months, said the people, who asked not to be identified because the matter is not public. If it cannot find a buyer it will file for an IPO, possibly in the second quarter, the people said.
The lender had $3.8 billion in tangible equity at the end of September, filings show. At that size, its acquisition would be the largest of a U.S. Bank since Capital One Financial Corp. acquired ING Groep NV’s online lender for $9.1 billion in 2011, according to data compiled by Bloomberg. With U.S. regulators wary of letting lenders grow too large, takeovers by banks in the country have stalled since the credit crisis.
OneWest, which was known as IndyMac Bancorp Inc. before its 2008 failure, has begun reaching out to potential buyers and plans to solicit bids in the next two months, said the people, who asked not to be identified because the matter is not public. If it cannot find a buyer it will file for an IPO, possibly in the second quarter, the people said.
The lender had $3.8 billion in tangible equity at the end of September, filings show. At that size, its acquisition would be the largest of a U.S. Bank since Capital One Financial Corp. acquired ING Groep NV’s online lender for $9.1 billion in 2011, according to data compiled by Bloomberg. With U.S. regulators wary of letting lenders grow too large, takeovers by banks in the country have stalled since the credit crisis.
Monday, January 27, 2014
John Paulson owns Allied Nevada shares
John Paulson owns 1.5 million Allied Nevada shares (0.04% of his portfolio).
A Chinese mining company opened a cash tender offer for all common Allied Nevada shares and related stock purchase rights. China Gold Stone will pay $7.50 in cash for each share of the Nevada-based gold producer. The tender offer will expire midnight on January 24th.
A Chinese mining company opened a cash tender offer for all common Allied Nevada shares and related stock purchase rights. China Gold Stone will pay $7.50 in cash for each share of the Nevada-based gold producer. The tender offer will expire midnight on January 24th.
Sunday, January 19, 2014
John Paulson vs Sheldon Adelson
The firms of hedge fund legends George Soros, John Paulson and Leon Cooperman have quietly turned into big shareholders of Caesars Acquisition Co., a spinoff from casino company Caesars Entertainment that has a stake in Caesars' Internet gambling operations.
What's particularly noteworthy about the quintet's position is that it puts them in opposition to casino titan Sheldon Adelson, CEO of Las Vegas Sands, according to the magazine.
While the famous five are investing in online gambling, Adelson opposes it. He likely views it as a threat to his casinos. Adelson tells Forbes he will "spend whatever it takes" to halt online gambling in the United States.
And he has brought on political heavyweights such as former New York Gov. George Pataki to lead his lobbying push. "There is no reason to put a casino on everybody's kitchen table, in the bed of every young person, whether they are underage or of age, or on mobile phones," Adelson explains. "I don't want people to get addicted."
via -http://www.moneynews.com/InvestingAnalysis/Soros-Paulson-Adelson-gambling/2014/01/09/id/546119
What's particularly noteworthy about the quintet's position is that it puts them in opposition to casino titan Sheldon Adelson, CEO of Las Vegas Sands, according to the magazine.
While the famous five are investing in online gambling, Adelson opposes it. He likely views it as a threat to his casinos. Adelson tells Forbes he will "spend whatever it takes" to halt online gambling in the United States.
And he has brought on political heavyweights such as former New York Gov. George Pataki to lead his lobbying push. "There is no reason to put a casino on everybody's kitchen table, in the bed of every young person, whether they are underage or of age, or on mobile phones," Adelson explains. "I don't want people to get addicted."
via -http://www.moneynews.com/InvestingAnalysis/Soros-Paulson-Adelson-gambling/2014/01/09/id/546119
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