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Paulson & Co. Cuts Position in SPDR Gold Trust Holdings

Nov. 14 (Bloomberg) -- Paulson & Co., the U.S. hedge fund run by John Paulson, cut a stake in the SPDR Gold Trust, an exchange-traded fund backed by the precious metal, during the third quarter, according to a government filing.

Paulson held 20.3 million shares in the SPDR Gold Trust as of Sept. 30, compared with 31.5 million a quarter earlier, a filing today with the U.S. Securities and Exchange Commission showed. SPDR is the biggest exchange-traded product backed by gold.

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

To contact the editor responsible for this story: Patrick McKiernan at pmckiernan@bloomberg.net

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