Soros, Paulson Large Gold Stakes

George Soros and John Paulson like gold

George Soros and John Paulson revealed in their required 13-F filings that they held significant gold investments in their funds, led by the SPDR Gold Trust (NYSEArca: GLD).

The commitment by Soros Fund Management reveals Soros believes gold will continue to climb in price, as it increased its holdings by 152 percent in SPDR Gold Trust, which brings its total to $663 million. That's the largest holding of the entire fund.

For Paulson & Co., they have a $3.38 billion stake in SPDR, which is over 11 percent of the value of the fund. Paulson has invested a quarter of billion of his own money in the hedge fund.

George Soros and John Paulson like gold