(Nasdaq/GuruFocus)John Paulson is the president and portfolio manager of Paulson & Co. Inc. Paulson was ranked by Absolute Return Magazine as the third-largest hedge fund in the world, managing approximately $29 billion and focusing on merger, event and distressed strategies.The hedge fund has a portfolio composed of 61 stocks with a total value of $18,723 million. The following are the most heavily weighted sales during the third quarter.
Paulson sold out his stake of Houghton Mifflin Harcourt Company ( HMHC ) with an impact of 1.46% on the portfolio.