Paulson’s hedge fund firm maintained its stake of 31.5 million shares in SPDR Gold Shares (NYSEArca: GLD) at the end of the second quarter, according to the latest filings. [Hedge Funds and Gold ETFs]
Paulson’s SPDR Gold holdings comprised almost 16% of the firm’s total portfolio, and their value has soared since he bought the shares in 2009, Bloomberg reported last month.
SPDR Gold Shares
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own GLD.