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Billionaire Hedge Fund Manager Pours $33,720,000 Into Soaring Asset, Adds New Stake in Tech Giant Google

Billionaire Hedge Fund Manager Pours $33,720,000 Into Soaring Asset, Adds New Stake in Tech Giant Google

Daily HodlDaily Hodl2025/03/15 16:00
By:by Daily Hodl Staff

Billionaire hedge fund manager John Paulson is pouring capital into one of the strongest sectors of the market.

Paulson, who runs Paulson & Co., just bought $33.72 million worth of International Tower Hill Mines Ltd. (THM), boosting his firm’s stake by over six million shares in Q1 of 2025.

SEC filings show the move has brought his total ownership to more than 70 million shares, with Paulson & Co. grabbing a 37% slice of the gold mining company.

Paulson has also added a new $23.73 million position in Alphabet Inc. (GOOGL), Google’s parent company in a pivot to technology, with the buy of 126,000 shares signaling confidence in big tech’s resilience.

Paulson’s gold play aligns with surging prices, with the precious metal soaring past $3,000 an ounce amid economic uncertainty and trade tensions.

The THM stake underscores Paulson’s long-standing bet on miners, with the stock climbing 40% in the past month.

Paulson’s portfolio is historically heavy in gold miners.

Known for his 2007 subprime windfall, his latest moves highlight his drive to spot value in turbulent times, balancing safe havens with growth assets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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