Maverick Sheds Goldman Stake

Dallas-based Maverick Capital sold its entire stake in Goldman Sachs during the second quarter.

Dallas-based Maverick Capital sold its entire stake in Goldman Sachs during the second quarter, The Wall Street Journal reports. The hedge fund sold its entire 817,742 shares of Goldman between April and June.

Maverick purchased the lender’s stake in the first three months of 2011. Other hedge funds, including Vinik Asset Management, Carlson Capital and Taconic Capital Advisors, have also sold their stakes in Goldman.

Click here for the story from The Wall Street Journal.