Ray Dalio’s holdings
As the 13F filings became available during the start of last week, much of the market buzz was about what money managers are holding and what they are staying away from. In this article, we’ll look at the holdings of billionaire Ray Dalio of Bridgewater Associates and John Paulson of Paulson & Co. during the first quarter of 2018.
Ray Dalio held his holdings in the SPDR Gold Shares (GLD) Fund and the iShares Gold Trust (IAU) constant. Dalio’s market value in GLD is at approximately $491 million, or 4.7% of his portfolio. IAU makes up 1.2% of his portfolio and is valued at $144 million.
John Paulson on gold
In March, Paulson’s gold and special situations hedge funds were said to be returning client capital. Paulson & Co had around 4.3 million shares of GLD at the end first quarter 2018, down from 4.4 million during the previous quarter, which is a relatively small reduction.