NEW YORK (
) -- Some of the biggest investors on Wall Street made some bearish moves with bank stocks in the third quarter. Here's a quick round up.
seems to be the only bull star investor in the group. He scooped up a $52 million stake, or 2 million shares, in
Bank of New York Mellon
and increased his shares in
to 336.4 million shares from 320.1 million.
Buffett did cut his stake in
and hedge-fund manager
both reduced stakes in banks. Ackman trimmed down his stake in
.Meanwhile, Paulson eliminated his stake in
Goldman Sachs Group
and reduced stakes in
Bank of America
J.P. Morgan Chase
Capital One Financial
Marshall & Ilsley Corp
--Written by Maria Woehr in New York.
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