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Soros Increased Stake in SPDR Gold Trust in Fourth Quarter

Billionaire investor George Soros increased his stake in the SPDR Gold Trust in the fourth quarter, according to a government filing.

As of Dec. 31, Soros Fund Management LLC held 85,450 shares in the exchange-traded product backed by the precious metal, compared with 48,350 shares at the end of the third quarter, a U.S. Securities and Exchange Commission showed today.

The SPDR trust is the biggest exchange-traded product backed by gold.

To contact the reporter on this story: Debarati Roy in New York at droy5@bloomberg.net

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net

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