George Soros Soros Fund Management
George Soros is the founder of Soros Fund Management and one of the most famous macro investors in modern markets. He is best known for large global bets informed by his theory of reflexivity, including the 1992 sterling trade. Though the firm later evolved as a family office, its equity filings and historical track record remain a reference point for students of macro and activist-era hedge funds.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TRCO
TRIBUNE MEDIA COMPANY CLASS A
TRCO
|
+$57.6M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$46.6M |
| 3 |
Microsoft
MSFT
|
+$46.5M |
| 4 |
PF
Pinnacle Foods, Inc.
PF
|
+$46.3M |
| 5 |
Archer Daniels Midland
ADM
|
+$35.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NXP Semiconductors
NXPI
|
+$184M |
| 2 |
COL
Rockwell Collins
COL
|
+$85.4M |
| 3 |
Spotify
SPOT
|
+$83.6M |
| 4 |
XL
XL Group Ltd.
XL
|
+$71.7M |
| 5 |
JPMorgan Chase
JPM
|
+$44.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.2% |
| 2 | Financials | 11.25% |
| 3 | Technology | 10.96% |
| 4 | Real Estate | 10.6% |
| 5 | Consumer Discretionary | 9.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
US Bancorp
USB
$96.7B
| $8.48M | 0.19% |
160,595
-327,481
| -67% | -$17.3M |
|
77
Procter & Gamble
PG
$336B
| $8.32M | 0.18% |
+100,000
| New | +$8.18M |
|
78
McCormick & Company Non-Voting
MKC
$14.9B
| $7.91M | 0.17% |
+120,000
| New | +$7.4M |
|
|
STR
79
DELISTED
Sitio Royalties
STR
| $7.7M | 0.17% |
+175,000
| New | +$7.6M |
|
80
PNC Financial Services
PNC
$97B
| $7.61M | 0.17% |
55,863
-61,038
| -52% | -$8.68M |
|
81
American Express
AXP
$227B
| $7.51M | 0.16% |
70,557
-98,982
| -58% | -$10.3M |
|
82
Magnolia Oil & Gas
MGY
$6.67B
| $7.5M | 0.16% |
500,000
-1,926
| -0.4% | -$25.1K |
|
|
TMHC
83
DELISTED
Taylor Morrison
TMHC
| $7.32M | 0.16% |
405,782
-376,257
| -48% | -$7.48M |
|
84
Associated Banc-Corp
ASB
$5.82B
| $7.29M | 0.16% |
280,593
-100,000
| -26% | -$2.73M |
|
85
S&P Global
SPGI
$127B
| $7.04M | 0.15% |
36,022
-50,591
| -58% | -$10.4M |
|
|
K
86
DELISTED
Kellanova
K
| $7M | 0.15% |
+106,500
| New | +$7.17M |
|
87
Chubb
CB
$132B
| $6.9M | 0.15% |
51,632
-81,304
| -61% | -$11M |
|
88
BJs Wholesale Club
BJ
$12.3B
| $6.7M | 0.15% |
+250,000
| New | +$6.69M |
|
|
MNTV
89
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $6.41M | 0.14% |
+400,000
| New | +$6.59M |
|
90
Travelers Companies
TRV
$75.8B
| $6.35M | 0.14% |
48,925
-50,720
| -51% | -$6.55M |
|
91
Goldman Sachs
GS
$303B
| $6.33M | 0.14% |
28,206
-36,608
| -56% | -$8.52M |
|
92
East-West Bancorp
EWBC
$17.8B
| $6.11M | 0.13% |
101,196
+40,000
| +65% | +$2.57M |
|
93
HF Sinclair
DINO
$17.3B
| $5.94M | 0.13% |
+85,000
| New | +$6M |
|
94
Prudential Financial
PRU
$41.8B
| $5.93M | 0.13% |
58,547
-60,228
| -51% | -$5.94M |
|
95
Progressive
PGR
$127B
| $5.75M | 0.13% |
80,982
-103,899
| -56% | -$6.68M |
|
96
Intercontinental Exchange
ICE
$90.5B
| $5.75M | 0.13% |
76,746
-92,129
| -55% | -$6.93M |
|
97
Allstate
ALL
$64.2B
| $5.67M | 0.12% |
57,400
-97,323
| -63% | -$9.49M |
|
98
Digital Realty Trust
DLR
$70.5B
| $5.62M | 0.12% |
+50,000
| New | +$5.99M |
|
99
FirstEnergy
FE
$26.6B
| $5.58M | 0.12% |
+150,000
| New | +$5.48M |
|
|
PNK
100
DELISTED
Pinnacle Entertainment Inc.
PNK
| $5.56M | 0.12% |
165,000
| – | – |
|
Similar funds
George Soros's Q3 2018 Portfolio in Review
As of Q3 2018, George Soros held 263 positions worth $4.56B, down 27% from $6.25B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
George Soros withdrew a net $2.28B in Q3 2018, closing 74 positions and reducing 72 holdings. Its most notable exit was NXP Semiconductors, an estimated $184M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 23% of assets, up from 18% a quarter earlier, followed by Financials and Technology.
Against the trend, George Soros opened a new position in TRIBUNE MEDIA COMPANY CLASS A worth $61.5M.
- George Soros's largest Q3 2018 buy was TRIBUNE MEDIA COMPANY CLASS A: 1,600,000 shares worth $61.5M.
- George Soros added most to iShares MSCI Emerging Markets ETF in Q3 2018, an estimated $46.6M increase.
- George Soros's biggest Q3 2018 reduction was Spotify, cutting an estimated $83.6M.
- George Soros fully exited NXP Semiconductors in Q3 2018, selling an estimated $184M.
- George Soros's ten largest holdings make up 47% of its $4.56B portfolio in Q3 2018.
- George Soros opened 60 new positions and closed 74 in Q3 2018.
- George Soros's portfolio value fell 27% quarter-over-quarter to $4.56B.
Based on Soros Fund Management's 13F filing for Q3 2018, filed 14 Nov 2018.