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>> GEORGE SOROS Latest News

FEB 21, 2013 - Business Insider

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CHART OF THE DAY: Hedge Funds Have Lost Their Love For Gold

After taking a cursory look at the recent 13-Fs filed by hedge funds, it became apparent that hedge funds were scaling back their exposures to gold.  George Soros was among the big names that unloaded his position. According to Goldman Sachs' new Hedge Fund Trend Monitor report, hedge funds in aggregate scaled back big time. Despite low turnover, hedge funds notably reduced holdings of underperforming long-time favorites Apple and gold while raising allocations to rallying Financials. For the first time in three years AAPL was not the top stock in our VIP list, instead ranking as the ... Read More

Tags: CHART OF THE DAY: Hedge Funds Have Lost Their Love For Gold,  George Soros Latest News