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Paulson Maintained SPDR Gold Stake as Dollar Boosted Metal

  • Paulson owned 4.36 million shares in bullion-backed ETF
  • Bridgewater Associates added to its stake in SPDR Gold
Updated on

Billionaire hedge-fund manager John Paulson maintained his holding last quarter in SPDR Gold Shares, before prices of the metal capped the biggest annual gain in seven years.

As of Dec. 31, New York-based Paulson & Co. kept his stake in SPDR Gold, the biggest exchange-traded product backed by bullion, at 4.36 million shares for a fifth straight quarter. Bridgewater Associates, the world’s largest hedge fund, added to its stake in the ETF, according to a filing on Tuesday.