Soros fund exits Goldman, adds Facebook ( GS FB GLD ) (by Polya Lesova)
NEW YORK (MarketWatch) -- Billionaire investor George Soros's Soros Fund Management LLC exited its stakes in Goldman Sachs Group Inc. (gs) and J.P. Morgan Chase & Co. (jpm) , while it significantly boosted its stake in the SPDR Gold Trust (gld) , the gold exchange-traded fund, according to a regulatory filing on Tuesday. The Soros fund didn't have stakes in J.P. Morgan and Goldman as of June 30. The fund acquired 341,000 shares in social-networking company Facebook Inc. (fb) , which has seen its share price tumble after the company's initial public offering in May. As of June 30, the Soros fund held 884,400 shares in SPDR Gold Trust, up from 319,550 shares as of March 31.