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John Paulson Sells More Delphi Automotive (DLPH)
John Paulson's hedge fund firm Paulson & Co just filed a 13G with the SEC regarding their position in Delphi (DLPH). Per the 13G, the firm has reported a 9.98% ownership stake in DLPH with 32,764,336 shares.
This marks a decrease in their position size by 28% since the end of March. We've highlighted before how Paulson has been selling Delphi. The most recent disclosures were made due to portfolio activity on June 7th.
John Paulson is profiled and interviewed (along with many other top fund managers) in the new book The Alpha Masters.
Per Google Finance, Delphi is "a global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets. The Company operates through four segments: Electrical / Electronic Architecture; Powertrain Systems; Electronics and Safety and Thermal Systems."
For more from this manager, we've also highlighted Paulson's three long ideas from the Ira Sohn Conference.
The Company operates through four segments: Electrical / Electronic Architecture; Powertrain Systems; Electronics and Safety and Thermal Systems."
We've highlighted before how Paulson has been selling Delphi. The most recent disclosures were made due to portfolio activity on June 7th.
