{"id":24112,"date":"2011-08-16T08:34:21","date_gmt":"2011-08-16T12:34:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24112"},"modified":"2011-08-16T08:34:21","modified_gmt":"2011-08-16T12:34:21","slug":"cohen%e2%80%99s-sac-capital-takes-position-in-gold-etf-bulks-up-on-apple","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2011\/cohen%e2%80%99s-sac-capital-takes-position-in-gold-etf-bulks-up-on-apple.html","title":{"rendered":"Cohen\u2019s SAC Capital Takes Position In Gold ETF; Bulks Up On Apple"},"content":{"rendered":"<p>Barron&#8217;s &#8211; Hedgie Steven Cohen\u2019s SAC Capital Advisors has disclosed in SEC filings that it has opened a new position in options on the SPDR Gold Trust (GLD).<\/p>\n<p>The investment means one of the industry\u2019s biggies has made a bet valued at about $628 million on the yellow metal in the June quarter. It represents the single largest value of equity positions disclosed by SAC Capital, notes the WSJ\u2019s Deal Journal blog.<\/p>\n<p><strong><a href=\"http:\/\/blogs.barrons.com\/focusonfunds\/2011\/08\/15\/cohens-sac-capital-takes-position-in-gold-etf-bulks-up-in-apple-cuts-newmont\/?mod=BOLBlog\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barron&#8217;s &#8211; Hedgie Steven Cohen\u2019s SAC Capital Advisors has disclosed in SEC filings that it has opened a new position in options on the SPDR Gold Trust (GLD). The investment means one of the industry\u2019s biggies has made a bet [&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-24112","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24112","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=24112"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24112\/revisions"}],"predecessor-version":[{"id":24113,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24112\/revisions\/24113"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}