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Paulson & Co., the hedge fund founded by billionaire John Paulson, maintained its stake in the SPDR Gold Trust during the first quarter, according to a government filing.
As of March 31, Paulson held 17.3 million shares in the exchange-traded product backed by the precious metal, unchanged from the end of the fourth quarter, a U.S. Securities and Exchange Commission filing 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