Team Hedge Fund

“While John Paulson’s position in AngloGold Ashanti (AU) is no secret, his hedge fund has just filed a 13G with the SEC with regard to the position. Paulson & Co has disclosed a 12.1% ownership stake in AngloGold Ashanti due to activity on May 20th, 2009, with the bulk of the position in his Advantage Plus fund. They now show holdings of 42,849,801 shares of AU… While the firm said that they were hedging themselves since they have a fund class of shares denominated in gold, they still clearly are bullish on the metal.”
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