Billionaire Paulson Maintains Stake in Biggest Gold ETP
By GCRU Gold News on Sunday, August 17 2014, 00:56 - Permalink
Billionaire hedge fund manager John Paulson stuck with his holding in the biggest exchange-traded product backed by gold as prices rose on demand for a haven.
Paulson & Co., the largest investor in the SPDR Gold Trust (GLD), kept its stake at 10.23 million shares in the three months ended June 30, a government filing showed yesterday. The holdings were unchanged for the fourth straight quarter.