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Aug. 15, 2022, 6:21 p.m. EDT

Paulson's fund sells off Exxon Mobil, SPDR Gold ETF stakes

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By Claudia Assis

Hedge fund Paulson & Co. has sold off of its Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM -1.54% holdings, according to a filing late Monday. The fund, led by John Paulson, who famously bet against the housing market before its 2008 collapse, also sold off its positions on the SPDR Gold ETF. /zigman2/quotes/200593176/composite GLD +0.0065% , according to the filing, covering the quarter ended June 30. Notable additions for Paulson & Co. included half a million shares of cloud computing company VMWare Inc. /zigman2/quotes/209864107/composite VMW -0.95% .

/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 87.31
-1.37 -1.54%
Volume: 21.36M
Sept. 30, 2022 4:03p
P/E Ratio
9.54
Dividend Yield
4.03%
Market Cap
$363.88 billion
Rev. per Employee
$5.69M
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/zigman2/quotes/200593176/composite
US : U.S.: NYSE Arca
$ 154.67
+0.01 +0.0065%
Volume: 6.83M
Sept. 30, 2022 4:00p
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/zigman2/quotes/209864107/composite
US : U.S.: NYSE
$ 106.46
-1.02 -0.95%
Volume: 1.03M
Sept. 30, 2022 4:00p
P/E Ratio
28.62
Dividend Yield
N/A
Market Cap
$45.04 billion
Rev. per Employee
$350,480
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