Paulson Invests $33.72M in Gold Miner THM, 40% Stock Gain, Adds $23.73M in Alphabet

Billionaire hedge fund manager John Paulson has made significant investments in two distinct sectors, demonstrating his strategic approach to navigating the current market landscape. Paulson, the founder of Paulson & Co., has allocated $33.72 million to International Tower Hill Mines Ltd. (THM), a gold mining company. This investment has increased his firm’s stake by over six million shares in the first quarter of 2025, bringing his total ownership to more than 70 million shares. This move positions Paulson & Co. as a major shareholder, holding a 37% stake in the company.

Paulson’s investment in THM aligns with the recent surge in gold prices, which have exceeded $3,000 an ounce. This surge is driven by economic uncertainty and trade tensions, making gold an attractive safe-haven asset. The THM stock has seen a 40% increase in the past month, reflecting the growing interest in gold mining companies. Paulson’s historical portfolio has been heavily weighted towards gold miners, underscoring his long-standing confidence in the sector.

In addition to his gold investments, Paulson has also diversified his portfolio by adding a new position in Alphabet Inc. (GOOGL), the parent company of Google. This $23.73 million investment, comprising 126,000 shares, signals Paulson’s confidence in the resilience of big tech companies. This pivot to technology highlights Paulson’s ability to balance safe-haven assets with growth-oriented investments, a strategy that has been a hallmark of his investment approach.

Paulson’s latest moves are reminiscent of his 2007 subprime windfall, where he successfully navigated a turbulent market to generate substantial returns. His current investments in both gold and technology reflect his ongoing strategy of identifying value in uncertain times. By diversifying his portfolio across different sectors, Paulson aims to mitigate risks and capitalize on opportunities in a dynamic market environment.