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 |
Teva Pharmaceuticals
TEVA
|
+$225M |
| 2 |
Essent Group
ESNT
|
+$166M |
| 3 |
JPMorgan Chase
JPM
|
+$156M |
| 4 |
General Motors
GM
|
+$137M |
| 5 |
Halliburton
HAL
|
+$133M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$364M |
| 2 |
NetApp
NTAP
|
+$177M |
| 3 |
Herbalife
HLF
|
+$127M |
| 4 |
Johnson & Johnson
JNJ
|
+$110M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$87.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 10.63% |
| 2 | Communication Services | 9.24% |
| 3 | Technology | 8.83% |
| 4 | Consumer Discretionary | 7% |
| 5 | Financials | 6.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.31B | 11.12% |
7,090,000
+4,295,900
| +154% | +$760M |
|
2
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $398M | 3.38% |
+9,000,000
| New | +$388M |
|
|
3
Teva Pharmaceuticals
TEVA
$43.5B
| $373M | 3.17% |
9,316,000
+5,708,000
| +158% | +$225M |
|
|
4
Herbalife
HLF
$1.33B
| $252M | 2.14% |
6,411,038
-3,667,312
| -36% | -$127M |
|
5
FedEx
FDX
$76.9B
| $233M | 1.98% |
1,619,091
+103,361
| +7% | +$13.7M |
|
|
6
Halliburton
HAL
$29.4B
| $230M | 1.96% |
4,536,825
+2,575,490
| +131% | +$133M |
|
7
EQT Corp
EQT
$33.6B
| $224M | 1.9% |
4,578,168
+1,162,715
| +34% | +$54.9M |
|
8
Adecoagro
AGRO
$1.6B
| $210M | 1.78% |
25,915,076
| – | – |
|
|
9
General Motors
GM
$77.2B
| $200M | 1.7% |
4,900,239
+3,617,239
| +282% | +$137M |
|
10
Charter Communications
CHTR
$17.9B
| $197M | 1.67% |
1,437,393
-107,269
| -7% | -$14.2M |
|
|
DISH
11
DELISTED
DISH Network Corp.
DISH
| $196M | 1.66% |
3,382,240
+1,689,399
| +100% | +$86.5M |
|
|
12
Essent Group
ESNT
$6.12B
| $182M | 1.54% |
+7,548,618
| New | +$166M |
|
|
PXD
13
DELISTED
Pioneer Natural Resource Co.
PXD
| $182M | 1.54% |
986,170
+22,396
| +2% | +$4.31M |
|
14
Alphabet (Google) Class C
GOOG
$4.18T
| $174M | 1.48% |
6,228,459
-376,204
| -6% | -$9.51M |
|
|
15
JPMorgan Chase
JPM
$935B
| $166M | 1.41% |
+2,841,233
| New | +$156M |
|
16
Apple
AAPL
$4.51T
| $163M | 1.38% |
8,135,428
+6,304,228
| +344% | +$119M |
|
17
Liberty Global Class C
LBTYK
$3.55B
| $147M | 1.24% |
4,296,662
-654,066
| -13% | -$20.4M |
|
|
CZR
18
DELISTED
Caesars Entertainment Corporation
CZR
| $139M | 1.18% |
6,454,383
+800,000
| +14% | +$15.6M |
|
19
YPF Sociedad Anonima ADS
YPF
$20.1B
| $138M | 1.17% |
4,181,246
+217,110
| +5% | +$5.56M |
|
|
MON
20
DELISTED
Monsanto Co
MON
| $136M | 1.16% |
1,169,225
+693,055
| +146% | +$75.7M |
|
|
EGN
21
DELISTED
Energen
EGN
| $135M | 1.14% |
1,901,667
+608,498
| +47% | +$45.8M |
|
|
JCP
22
DELISTED
J.C. Penney Company, Inc.
JCP
| $127M | 1.08% |
13,836,361
-6,150,000
| -31% | -$51.3M |
|
23
Jefferies Financial Group
JEF
$12.1B
| $121M | 1.03% |
+4,783,925
| New | +$121M |
|
|
DISH
24
CALL
DELISTED
DISH Network Corp.
DISH
| $120M | 1.02% |
2,077,000
| – | – |
|
25
Citigroup
C
$221B
| $119M | 1.01% |
+2,283,813
| New | +$116M |
|
Similar funds
George Soros's Q4 2013 Portfolio in Review
As of Q4 2013, George Soros held 328 positions worth $11.8B, up 29% from $9.14B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
George Soros deployed $467M of net new capital in Q4 2013, opening 97 new positions and adding to 58 existing holdings. Its largest new stake was Essent Group: 7,548,618 shares worth $182M.
By sector, the portfolio is most concentrated in Energy at 11% of assets, up from 9.7% a quarter earlier, followed by Communication Services and Technology.
On the sell side, the largest reduction was Microsoft, an estimated $364M trimmed.
- George Soros's largest Q4 2013 buy was Essent Group: 7,548,618 shares worth $182M.
- George Soros added most to Teva Pharmaceuticals in Q4 2013, an estimated $225M increase.
- George Soros's biggest Q4 2013 reduction was Microsoft, cutting an estimated $364M.
- George Soros fully exited Johnson & Johnson in Q4 2013, selling an estimated $110M.
- George Soros's ten largest holdings make up 32% of its $11.8B portfolio in Q4 2013.
- George Soros opened 97 new positions and closed 90 in Q4 2013.
- George Soros's portfolio value rose 29% quarter-over-quarter to $11.8B.
Based on Soros Fund Management's 13F filing for Q4 2013, filed 14 Feb 2014.