Paulson increasing GLD stake *(GLD Weekly) *PIC*

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Paulson ups SPDR Gold stake, sells off Tenet ( ABX ABX IMG IAG HIG THC NCQ NCQ GLD ) (by Myra P. Saefong)

SAN FRANCISCO (MarketWatch) -- Paulson & Co. Inc., run by billionaire hedge fund manager John Paulson, raised its holdings in the SPDR Gold Trust (gld) for the quarter ended in June, according to a Securities and Exchange Commission filing late Tuesday. It cut its stake in Hartford Financial Services Group Inc. (hig) , sold off its ownership in Tenet Healthcare Corp. (thc) and Family Dollar Stores Inc. (fdo) , but added ownership in NovaCopper Inc. (ncq) (ca:ncq) , compared with the quarter ended in March. Paulson maintained positions in Barrick Gold Corp. (abx) (ca:abx) and Iamgold Corp. (iag) (ca:img) .

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Paulson increasing GLD stake *(GLD Weekly) *PIC*

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