John Paulson, whose flagship funds have lost ~30% this year, cut his position in Bank of America...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

John Paulson, whose flagship funds have lost ~30% this year, cut his position in Bank of America (BAC) in half and slashed Citigroup (C) in Q2, according to the latest 13-F. But he's selective in his hatred for financials, as he added substantially to positions in Capital One (COF) and Wells Fargo (WFC). His biggest stake, in SPDR Gold Trust (GLD), held steady.