John Paulson Buys Citigroup, Heinz, Family Dollar, Sells Barrick Gold
John Paulson’s Paulson & Co has been marred by reports of declining returns recently, but the legendary investor quashed these comments in a sit-down at SALT Conference. Paulson said that the tales of his losses have been greatly exaggerated. The largest of Paulson’s holdings are still concentrated in gold—the top five include SPDR Gold Trust (ETF) (NYSEARCA:GLD), Sprint Nextel Corporation (NYSE:S), Life Technologies Corp. (NASDAQ:LIFE), AngloGold Ashanti Limited (NYSE:AU) and Realogy Holdings Corp (NYSE:RLGY). Paulson & Co. filed their 13F with the SEC yesterday, and the new portfolio shows several notable moves. John Paulson Buys Hess, Family Dollar, H.J Heinz Paulson initiated a new position in Hess Corp (NYSE:HES),...
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