Billionaires Unloaded These 24 Stocks In Q2

Like it? Share it!

Facebook

Pinterest

Reddit

Twitter

Google+

18. iShares MSCI Brazil ETF (GLD, $162.62)

The Motley Fool

Billionaire investor John Paulson cut his hedge fund’s ownership position in SPDR Gold Shares by 56% in Q1, lowering ownership in the fund to a little less than two million shares. GLD still remains Paulson’s third-largest position, despite the sale. Considering that the price of gold is up about 26% over the past 52 weeks, it makes sense that Paulson took a portion of his hedge fund’s gold exposure off the table.