GREY:MERMF - Post by User
Post by
goldwillrockon Aug 16, 2012 10:04am
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Post# 20224046
Big boys loading up gold
Big boys loading up gold By Brendan Conway
Hedge-fund manager George Soros nearly tripled his stake in the most popular U.S. gold fund during the second quarter, last night’s portfolio disclosures show. Soros Fund Management held 884,400 shares of the SPDR Gold Trust (GLD) as of June 30, up from 319,550 on March 31.
John Paulson, the hedge-fund manager who is the single biggest reported holder of the SPDR Gold Trust, also revealed more GLD. Paulson & Co.’s holdings rose to 21.8 million shares as of the end of June, versus 17.3 million in the previous reporting period.
https://blogs.barrons.com/focusonfunds/2012/08/15/soros-paulson-boost-gold-fund-stakes/