George Soros Sells Gold, John Paulson Also Offloads Chunk

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HFA Staff
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Bill Ackman’s latest arch nemesis, George Soros, filed his 13F a while ago. Fresh positions from Soros Fund Management include 19.9 million shares of J.C. Penney Company, Inc. (NYSE:JCP) and 500k call options, making J.C. Penney the fourth largest holding in his public portfolio. Soros also reported 5 million shares of Herbalife Ltd. (NYSE:HLF), so speculation that Soros bought Herbalife over July seems to be false since as of June 30, his fund already had a position in the nutrition supplements company. He also purchased 77,500 shares of Baidu.com, Inc. (ADR) (NASDAQ:BIDU), and 172k shares of  Citigroup Inc (NYSE:C). Soros and Loeb also appear to be of the…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.