Billionaire John Paulson’s 2023 Portfolio: Top 5 Stock Picks

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1. Bausch Health Companies Inc. (NYSE:BHC)

Number of Hedge Fund Holders: 41

John Paulson’s Paulson & Co.’s Holdings: $214,156,184

Percentage of John Paulson’s Paulson & Co.’s Portfolio: 17.8%

Bausch Health Companies Inc. (NYSE:BHC), formerly known as Valeant Pharmaceuticals International Inc., is a Laval, Canada-based pharmaceutical company that focuses on the development, manufacturing, and marketing of a wide range of healthcare products. The company, with a presence in over 100 countries, received a favourable ruling from the US District Court of Delaware regarding the patent exclusivity of Xifaxan. The judgment has stopped the US Food and Drug Administration (FDA) from accepting the abbreviated new drug application (ANDA) for Xifaxan before October 2029.

Of the 943 hedge funds tracked by Insider Monkey at the end of Q4 2022, Bausch Health Companies Inc. (NYSE:BHC) was held by 41 hedge funds.

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