0001035674-11-000003.txt : 20110815 0001035674-11-000003.hdr.sgml : 20110815 20110815171139 ACCESSION NUMBER: 0001035674-11-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110815 DATE AS OF CHANGE: 20110815 EFFECTIVENESS DATE: 20110815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PAULSON & CO INC CENTRAL INDEX KEY: 0001035674 IRS NUMBER: 133796759 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10010 FILM NUMBER: 111037669 BUSINESS ADDRESS: STREET 1: 1251 AVENUE OF THE AMERICAS STREET 2: 50TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2129562221 MAIL ADDRESS: STREET 1: 1251 AVENUE OF THE AMERICAS STREET 2: 50TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 13F-HR 1 pco063011.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one): [ ] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Paulson & Co. Inc. Address: 1251 Avenue of the Americas New York, NY 10020 13F File Number: 028-10010 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Person Signing this Report on Behalf of Reporting Manager: Name: Stuart Merzer Title: General Counsel Phone: 212-956-2221 Signature: Place: Date of Signing: Stuart Merzer New York, NY August 15, 2011 Report Type (Check only one): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 101 Form 13F Information Table Value Total: $29,057,735 List of Other Included Managers: No. Form 13F File Number Name 01 028-10011 Paulson Management LLC FORM 13F INFORMATION TABLE
VALUE SHRS OR SH/ PUT/ INVEST OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARED NONE ABITIBIBOWATER INC COM NEW 003687209 101393 4995525 SH DEFINED 01 4995525 AGNICO EAGLE MINES LTD COM 008474108 44243 700000 SH DEFINED 01 700000 ALCOA INC NOTE 5.250% 3/14 013817AT8 430655169800000 SH DEFINED 01 169800000 ALPHA NATURAL RESOURCE COM 02076X102 154416 3398234 SH DEFINED 01 3398234 AMERICAN CAP LTD COMMON 02503Y103 434189 43725000 SH DEFINED 01 43725000 ANADARKO PETE CORP COMMON 032511107 1282828 16712188 SH DEFINED 01 16712188 ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 1680880 39935382 SH DEFINED 01 39935382 ANGLOGOLD ASHANTI HLDGS MAND BD CV 13 03512Q206 149670 3000000 SH DEFINED 01 3000000 ASHFORD HOSPITALITY TR COM SHS 044103109 37350 3000000 SH DEFINED 01 3000000 BANK OF AMERICA CORP COMMON 060505104 662475 60444779 SH DEFINED 01 60444779 BANK OF AMERICA CORP W Exp 01/16/19 060505146 162823 29390500 SH DEFINED 01 29390500 BANK OF AMERICA CORP W Exp 10/28/18 060505153 16851 9684600 SH DEFINED 01 9684600 BAXTER INTL INC COM 071813109 456629 7650000 SH DEFINED 01 7650000 BEAZER HOMES USA INC COMMON 07556Q105 19662 5800000 SH DEFINED 01 5800000 BEAZER HOMES USA INC NT SUB 7.5% 13 07556Q402 2798 150000 SH DEFINED 01 150000 BEAZER HOMES USA INC UNIT 99/99/99 07556Q501 1474 90000 SH DEFINED 01 90000 BARRICK GOLD CORP COMMON 067901108 40761 900000 SH DEFINED 01 900000 BLACKROCK INC COM 09247X101 360603 1880000 SH DEFINED 01 1880000 BMC SOFTWARE INC COMMON 055921100 87520 1600000 SH DEFINED 01 1600000 BOISE INC COM 09746Y105 62320 8000000 SH DEFINED 01 8000000 BUCYRUS INTL INC NEW COM 118759109 7791 85000 SH DEFINED 01 85000 COMCAST CORP CL A 20030N101 514402 20300000 SH DEFINED 01 20300000 CAPITAL ONE FINL CORP COMMON 14040H105 1090237 21100000 SH DEFINED 01 21100000 CAPITAL ONE FINL CORP W EXP 11/14/18 14040H139 84482 3992520 SH DEFINED 01 3992520 CB RICHARD ELLIS GROUP CL A 12497T101 338985 13500000 SH DEFINED 01 13500000 CHEMTURA CORP COM NEW 163893209 3304 181549 SH DEFINED 01 181549 CITIGROUP INC COMMON 172967101 1395148 33505002 SH DEFINED 01 33505002 CITIGROUP INC UNIT 99/99/99 172967416 27034 225000 SH DEFINED 01 225000 CNO FINL GROUP INC COM 12621E103 193439 24455000 SH DEFINED 01 24455000 DEX ONE CORP COMMON 25212W100 9301 3676394 SH DEFINED 01 3676394 FAIRPOINT COMMUNICATIONS COM NEW 305560302 21467 2330889 SH DEFINED 01 2330889 FAMILY DLR STORES INC COM 307000109 181595 3455000 SH DEFINED 01 3455000 FELCOR LODGING TR INC COMMON 31430F101 30381 5700000 SH DEFINED 01 5700000 FELCOR LODGING TR INC PFD CV A $1.95 31430F200 13684 524100 SH DEFINED 01 524100 FIRST HORIZON NATL CORP COMMON 320517105 73237 7676827 SH DEFINED 01 7676827 GENON ENERGY INC COM 37244E107 199201 51606409 SH DEFINED 01 51606409 GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 360373 24700000 SH DEFINED 01 24700000 GRIFOLS S A SPONSORED ADR 398438309 107145 14266995 SH DEFINED 01 14266995 HARTFORD FINL SVCS GRP COMMON 416515104 1068472 40518454 SH DEFINED 01 40518454 HEWLETT PACKARD CO COM 428236103 855400 23500000 SH DEFINED 01 23500000 HOWARD HUGHES CORP COM 44267D107 120324 1850000 SH DEFINED 01 1850000 INTERNATIONAL TOWER HILL COM ADD 46050R102 37771 5000000 SH DEFINED 01 5000000 IAMGOLD CORP COMMON 450913108 50652 2700000 SH DEFINED 01 2700000 JPMORGAN CHASE & CO COMMON 46625H100 192418 4700000 SH DEFINED 01 4700000 JPMORGAN CHASE & CO W EXP 10/28/18 46634E114 251889 18700000 SH DEFINED 01 18700000 LEAR CORP COM NEW 521865204 224636 4200376 SH DEFINED 01 4200376 LIBERTY MEDIA CORP INT COM SER A 53071M104 167700 10000000 SH DEFINED 01 10000000 LIFE TECHNOLOGIES CORP COM 53217V109 391566 7520000 SH DEFINED 01 7520000 LUBRIZOL CORP COM 549271104 733160 5460342 SH DEFINED 01 5460342 MCCLATCHY CO CL A 579489105 16579 5900000 SH DEFINED 01 5900000 MEDICIS PHARMACEUTICAL CL A NEW 584690309 26719 700000 SH DEFINED 01 700000 MEDTRONIC INC COM 585055106 187834 4875000 SH DEFINED 01 4875000 METLIFE INC UNIT 99/99/99 59156R116 189516 2299115 SH DEFINED 01 2299115 MGM RESORTS INTL COMMON 552953101 550857 41700000 SH DEFINED 01 41700000 MGM RESORTS INTL NOTE 4.25% 4/15 55303QAE0 83353 77000000 SH DEFINED 01 77000000 MOSAIC CO NEW COM 61945C103 152393 2250000 SH DEFINED 01 2250000 MYLAN INC COMMON 628530107 368570 14940000 SH DEFINED 01 14940000 NETAPP INC COMMON 64110D104 51197 970000 SH DEFINED 01 970000 NEWS CORP CLA 65248E104 184080 10400000 SH DEFINED 01 10400000 NORTHERN TR CORP COMMON 665859104 45960 1000000 SH DEFINED 01 1000000 NOVAGOLD RES INC COM NEW 66987E206 185673 20181818 SH DEFINED 01 20181818 NYSE EURONEXT COM 629491101 102810 3000000 SH DEFINED 01 3000000 PMI GROUP INC COMMON 69344M101 5350 5000000 SH DEFINED 01 5000000 POPULAR INC COMMON 733174106 184920 67000000 SH DEFINED 01 67000000 QUAD / GRAPHICS INC COM CL A 747301109 41852 1077000 SH DEFINED 01 1077000 QUEST SOFTWARE INC COMMON 74834T103 29549 1300000 SH DEFINED 01 1300000 RALCORP HLDGS INC NEW COM 751028101 319653 3692000 SH DEFINED 01 3692000 RANDGOLD RES LTD ADR 752344309 58835 700000 SH DEFINED 01 700000 REGIONS FINANCIAL CORP COM NEW 7591EP100 119931 19343700 SH DEFINED 01 19343700 RLJ LODGING TR COM 74965L101 47768 2750000 SH DEFINED 01 2750000 ROCK-TENN CO CL A 772739207 294401 4437754 SH DEFINED 01 4437754 ROYAL BK SCOTLAND GRP SP ADR PREF M 780097796 14191 825051 SH DEFINED 01 825051 ROYAL BK SCOTLAND GRP ADR PFD SER P 780097762 9769 592433 SH DEFINED 01 592433 ROYAL BK SCOTLAND GRP ADR PREF SHS Q 780097754 10677 612578 SH DEFINED 01 612578 ROYAL BK SCOTLAND GRP ADR PREF SHS R 780097747 10087 613968 SH DEFINED 01 613968 ROYAL BK SCOTLAND GRP SP ADR PREF S 780097739 8573 495524 SH DEFINED 01 495524 ROYAL BK SCOTLAND GRP SP ADR PREF T 780097713 7632 406180 SH DEFINED 01 406180 ROYAL BK SCOTLAND GRP ADR PREF SER N 780097770 12555 735490 SH DEFINED 01 735490 SALIX PHARMACEUTICALS COM 795435106 59745 1500000 SH DEFINED 01 1500000 SAVVIS INC COM NEW 805423308 225321 5700000 SH DEFINED 01 5700000 SCRIPPS NETWORKS INTER CL A COM 811065101 146640 3000000 SH DEFINED 01 3000000 SL GREEN RLTY CORP COM 78440X101 116018 1400000 SH DEFINED 01 1400000 SOUTHERN UN CO NEW COM 844030106 181880 4530000 SH DEFINED 01 4530000 SPDR GOLD TRUST GOLD SHS 78463V107 4599032 31500000 SH DEFINED 01 31500000 STATE BK FINL CORP COM ADDED 856190103 38060 2325000 SH DEFINED 01 2325000 STATE STR CORP COMMON 857477103 90180 2000000 SH DEFINED 01 2000000 STRATEGIC HOTELS & RESRT COMMON 86272T106 56640 8000000 SH DEFINED 01 8000000 SUNSTONE HOTEL INVS INC COM NEW 867892101 34299 3700000 SH DEFINED 01 3700000 SUNTRUST BKS INC COMMON 867914103 829065 32134301 SH DEFINED 01 32134301 SUPERMEDIA INC COMMON 868447103 9778 2607504 SH DEFINED 01 2607504 TERADATA CORP DEL COMMON 88076W103 87290 1450000 SH DEFINED 01 1450000 TEVA PHARMACEUTICAL INDS ADR 881624209 201627 4181400 SH DEFINED 01 4181400 TENET HEALTHCARE CORP COM 88033G100 124800 20000000 SH DEFINED 01 20000000 TRANSOCEAN LTD REG SHS H8817H100 1214374 18810000 SH DEFINED 01 18810000 VAIL RESORTS INC COMMON 91879Q109 103529 2239924 SH DEFINED 01 2239924 VEECO INSTRS INC DEL COM 922417100 145230 3000000 SH DEFINED 01 3000000 WALTER ENERGY INC COM 93317Q105 115800 1000000 SH DEFINED 01 1000000 WELLS FARGO & CO COM NEW 949746101 942816 33600000 SH DEFINED 01 33600000 WEYERHAEUSER CO COM 962166104 655800 30000000 SH DEFINED 01 30000000 WHIRPOOL CORP COM 963320106 203300 2500000 SH DEFINED 01 2500000 XL GROUP PLC SHS G98290102 620495 28230000 SH DEFINED 01 28230000 29057735