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

Eric Mindich.

Photographer: Andrew Harrer/Bloomberg
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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.