Bloomberg News

Soros Increases Stake in SPDR Gold Trust in First Quarter

May 15, 2012

Billionaire investor George Soros raised his stake in the SPDR Gold Trust in the first quarter, according to a government filing.

As of March 31, Soros Fund Management LLC held 319,550 shares in the exchange-traded product backed by the precious metal, compared with 85,450 shares at the end of the fourth quarter, a U.S. Securities and Exchange Commission 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

To contact the editor responsible for this story: Steve Stroth at

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