That makes Gintel the second-largest holder, after Mr. Milken's Knowledge Universe, at 21 percent.
With 3,400 metric tons of gold in its vaults, Germany is the world's second-largest holder after the United States.
He said he was encouraged by a meeting yesterday with David Kiefer, the portfolio manager for the Prudential Utility Fund, which is the second-largest holder of Columbia stock.
As the owner of about 6 percent of Drexel's stock, he is the second-largest holder and largest individual shareholder of the investment house.
On Wednesday, Germany's Bundesbank, the second-largest holder of gold behind the United States, said it had lent some gold to traders.
A Big Holder Cuts Stake in Viacom Capital Research and Management, which was the second-largest holder of shares of Viacom behind the chairman, has been reducing its holdings.
Nippon Life also claims to be the second-largest holder of Jpaanese real estate.
This seemingly backward country, a place where its citizens still utilized rickshaws and wagon carts, had, in a few short years, become the second-largest holder of United States Treasury bonds.
The second-largest holder of Salomon stock, the Dart family, sold 7.6 million shares during that period, exactly offsetting their long position.
But Salomon Inc. has bucked the trend, rising nicely despite the fact that its second-largest holder turned tail and dumped its entire holdings.