Monday, October 26, 2015

Anglo Gold and Nova Gold owned by John Paulson

Anglo Gold Ashanti Limited has performed well throughout 2015 and is up 9.9% over the past month and 7.4% year-to-date. Over the past month, the gold mining and exploration company has climbed 28.8%. The stock has been in Paulson's portfolio for years, and as of his latest 13F filing, he owns 26.2 million shares worth $244.8 million.

Nova Gold Resources (NG) has been another gold-related bright spot for Paulson, who as of the end of the second quarter owns 35.6 million shares worth $104.9 million. 

The stock, which the billionaire hedge fund manager has owned since early 2010, is up 28.8% year-to-date and 1.6% over the past month alone.

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