Soros fund exits Goldman Sachs and J.P. Morgan, acquires stake in Facebook

NEW YORK (MarketWatch)
Billionaire investor George Soros's Soros Fund Management LLC exited its stakes in Goldman Sachs Group Inc. and J.P. Morgan Chase & Co.  hile it significantly boosted its stake in the SPDR Gold Trust , the gold exchange-traded fund, according to a regulatory filing on Tuesday
The Soros fund didn't have stakes in J.P. Morgan and Goldman as of June 30
The fund acquired 341,000 shares in social-networking company Facebook Inc. , which has seen its share price tumble after the company's initial public offering in May
As of June 30, the Soros fund held 884,400 shares in SPDR Gold Trust, up from 319,550 shares as of March 31.