Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Eton Park, Paulson Sell Stakes in Goldman Sachs

Eric Mindich’s Eton Park Capital Management LP and John Paulson’s hedge fund sold their stakes in Goldman Sachs Group Inc. during the third quarter.

Eton Park previously held 2 million shares of New York- based Goldman Sachs, according to a filing today with the U.S. Securities and Exchange Commission. Paulson & Co. sold 1.1 million shares of the bank, a separate filing shows.

Mindich, 43, is a former Goldman Sachs partner who began New York-based Eton Park in 2004 with $3.5 billion, one of the biggest startups in the hedge-fund industry. Paulson, who oversees New York’s Paulson & Co., became a billionaire by betting against the U.S. mortgage markets during the credit crisis that started with the subprime collapse.

Eton Park held onto its 15 million shares in Morgan Stanley, 21.1 million shares of Bank of America Corp. and 60.5 million shares of Citigroup Inc. according to data compiled by Bloomberg.

Eton Park bought 7.75 million shares of Potash Corp. of Saskatchewan Inc. valued at $1.12 billion, the filing shows. BHP Billiton Ltd., the world’s largest mining company, in August made a $130-a-share hostile takeover offer for Saskatoon-based Potash, the biggest fertilizer company. The bid was rejected by Potash as too low, and this month was blocked by the Canadian government. Shares of Potash have jumped 22 percent since Aug. 16, the day before BHP’s unsolicited offer.

Money managers who oversee more than $100 million in equities must file a Form 13F with the Securities and Exchange Commission within 45 days of each quarter’s end to show their U.S.-listed stocks, options and convertible bonds. The filings don’t show non-U.S. securities or how much cash the firms hold.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.