George Soros’s hedge fund, Soros Fund Management, has boosted its holdings of common shares in the SPDR Gold Trust, The Wall Street Journal reports. The U.S. investor has also added to his stake in Delta Air Lines.
Soros increased his stake in the gold-backed exchange-traded fund to 4.7 million shares valued at $655 million. Soros Fund Management’s stake in Delta Air Lines is valued at $185.6 million.
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