According to the latest 13F SEC filing, John Paulson’s 13F portfolio is worth $23,075 million with an increase of 1.13% for the second quarter. John Paulson portfolio has significant investments in tech companies and his primary tech investments include Sprint Corporation (NYSE:S), T-Mobile US Inc (NYSE:TMUS), Equinix Inc (NASDAQ:EQIX), and Verizon Communications Inc. (NYSE:VZ). (See John Paulson’s entire 13F portfolio here.)
Sprint Corporation (NYSE:S) is the top technology stock in John Paulson’s hedge fund with investments worth $546 million and he owns 64,113,200 shares of the company. According to the financial results released on July 30, 2014, Sprint Corporation (NYSE:S) had net income of $23 million with consolidated operating income of $519 million. Paulson & Co. ($546 million), Omega Advisors ($339 million), and Owl Creek Asset Management ($150 million) are among the primary investor in Sprint Corporation (NYSE:S).
Paulson & Co. has a considerable investment in T-Mobile US Inc (NYSE:TMUS) with investments worth $442 million and 13,157,800 shares. T-Mobile US Inc (NYSE:TMUS) achieved the milestone of adding more than 50 million customers in the second quarter 2014 with 8.0% revenue growth on year-over-year basis. Adjusted EBITDA for the quarter was $1.45 billion. Some of the major hedge fund investors in T-Mobile US Inc (NYSE:TMUS) include Paulson & Co, Glenview Capital ($284 million), and Third Point ($268 million).
Paulson has major tech investments in two other companies including Equinix Inc (NASDAQ:EQIX), and Verizon Communications Inc. (NYSE:VZ). Paulson & Co. have investments worth $438 million in Equinix Inc (NASDAQ:EQIX) and the company has a current market cap of 11.61 Billion. It offers data center services for the protection and communication of information for financial services, enterprises, and content/network providers. Verizon Communications Inc. (NYSE:VZ) is among one of the major telecom carriers in the US with market cap of $206.52 billion.
This article has been written by Prakash Pandey and edited by Serkan Unal.