More John Paulson Portfolio Updates (GS, JPM, STT, MI)
November 13, 2009 6:36 PM
To follow up on my last past about John Paulson, recent filings indicate the hedge fund manager appears to have sold his 2 million share stake in Goldman Sachs (NYSE: GS) along with the sale of 700,00To follow up on my last past about John Paulson, recent filings indicate the hedge fund manager appears to have sold his 2 million share stake in Goldman Sachs (NYSE: GS) along with the sale of 700,000 shares of State Street (NYSE: STT).
Paulson also sold 2 million shares of JP Morgan Chase (NYSE: JPM), but still has 5 million left. He also more than doubled his position in First Horizon Financial (NYSE: FHN) increasing his stake to 7.11 million shares from 3 million shares in August.
Paulson's positions in Fifth Third (Nasdaq: FITB), SunTrust (NYSE: STI), Regions Financial (NYSE: RF), Peoples United (Nasdaq: PBCT) and Marshall & Ilsley (NYSE: MI) all remained the same from the August filing.
