Billionaire Paulson Maintains Stake in Biggest Gold ETP
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Billionaire hedge fund manager John Paulson stuck with his holding in the biggest exchange-traded product backed by gold as prices rose on demand for a haven.
Paulson & Co., the largest investor in the SPDR Gold Trust, kept its stake at 10.23 million shares in the three months ended June 30, a government filing showed yesterday. The holdings were unchanged for the fourth straight quarter.