{"id":14201,"date":"2010-02-19T10:21:43","date_gmt":"2010-02-19T14:21:43","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=14201"},"modified":"2010-02-19T10:21:43","modified_gmt":"2010-02-19T14:21:43","slug":"hedge-funds-go-on-citigroup-buying-spree-in-q4","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2010\/hedge-funds-go-on-citigroup-buying-spree-in-q4.html","title":{"rendered":"Hedge Funds Go On Citigroup Buying Spree In Q4"},"content":{"rendered":"<p>Banking News &#8211; More than 100 hedge funds snatched up shares of Citigroup during the fourth quarter of 2009, with large well-known names like George Soros, Eric Mindich and John Paulson purchasing nearly a half billion shares in the bank.<\/p>\n<p>The buying spree by the hedge fund arena was further evidenced by the fact 10 shares of Citigroup were bought by a fund for every one sold during the final three months of 2009.\u00a0\u00a0 All told, the hedge fund industry had a net addition of Citigroup shares of roughly 1.2 billion.<\/p>\n<p>John Paulson\u2019s Paulson &amp; Co. reported a stake of 506.7 million Citi shares, according to a regulatory filing.\u00a0 That\u2019s up from roughly 300 million reported at the end of the third quarter.<\/p>\n<p><a href=\"http:\/\/www.americanbankingnews.com\/2010\/02\/18\/hedge-funds-go-on-citigroup-nyse-c-buying-spree-in-q4\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banking News &#8211; More than 100 hedge funds snatched up shares of Citigroup during the fourth quarter of 2009, with large well-known names like George Soros, Eric Mindich and John Paulson purchasing nearly a half billion shares in the bank. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14201","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=14201"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14201\/revisions"}],"predecessor-version":[{"id":14203,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14201\/revisions\/14203"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=14201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=14201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=14201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}