Billionaire John Paulson’s Messy Divorce and Top 5 Stock Picks

2. BrightSphere Investment Group Inc. (NYSE:BSIG)

Paulson & Co Q2 2023 Investment: $187.51 Million
Percentage of Paulson &Co as of Q2 2023: 18.3%
Number of Hedge Fund Holders: 26

BrightSphere Investment Group Inc. (NYSE:BSIG) provides financial services that help individuals and institutions manage their assets. The company also launches equity mutual funds for its clients while investing in public equity fixed-income and alternative investment markets.

Paulson & Co. has reaped big from its investment in BrightSphere Investment Group Inc. (NYSE:BSIG), which started in the third quarter of 2019. At one point, the stock doubled in value from where the hedge fund bought stakes. While the stock has pulled back from its all-time highs, it remains billionaire John Paulson’s top stock pick, having proven its ability to generate significant gains.

Consequently, BrightSphere Investment Group Inc. (NYSE:BSIG) remains the second largest holding for Paulson & Co., accounting for 18% of the portfolio. According to the hedge funds tracked by Insider Monkey, 26 funds placed long calls on BrightSphere Investment Group Inc. (NYSE:BSIG) at the end of Q2 2023. Paulson & Co is a leading stakeholder of the company, with 8.95 million shares worth $187.51 million.

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