Eton Park's Mindich Raises Options Bet on Japan to $876 Million
- Hedge fund holds options on 18 million WisdomTree Japan shares
- Japanese positions helped fund report 4.5% October gain
This article is for subscribers only.
Eton Park Capital Management, the hedge fund firm managed by Eric Mindich, built an $876 million stake in Japanese stocks by purchasing additional call options on an exchange-traded fund.
Eton Park disclosed in a regulatory filing today that it held options to purchase 18 million shares of the WisdomTree Japan Hedged Equity Fund as of Sept. 30. That represents a fourfold increase from the 4 million options that Eton Park held at the end of June.