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 |
AGN
Allergan plc
AGN
|
+$189M |
| 2 |
PayPal
PYPL
|
+$159M |
| 3 |
CIT
CIT Group Inc.
CIT
|
+$126M |
| 4 |
SLB Ltd
SLB
|
+$77.8M |
| 5 |
Kraft Heinz
KHC
|
+$55.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$142M |
| 2 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$140M |
| 3 |
Herbalife
HLF
|
+$108M |
| 4 |
Lennar Class A
LEN
|
+$80.4M |
| 5 |
D.R. Horton
DHI
|
+$76.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 9.78% |
| 2 | Communication Services | 9.07% |
| 3 | Healthcare | 8.91% |
| 4 | Technology | 8.81% |
| 5 | Financials | 7.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
1
DELISTED
Allergan plc
AGN
| $211M | 3.18% |
774,566
+615,228
| +386% | +$189M |
|
2
Adecoagro
AGRO
$1.6B
| $206M | 3.12% |
25,915,076
| – | – |
|
|
CY
3
DELISTED
Cypress Semiconductor
CY
| $169M | 2.55% |
19,811,445
+3,944,579
| +25% | +$41.4M |
|
4
DuPont de Nemours
DD
$18.7B
| $166M | 2.51% |
1,547,626
-371,529
| -19% | -$43.1M |
|
5
Meta Platforms (Facebook)
META
$1.4T
| $162M | 2.45% |
1,805,875
-785,532
| -30% | -$72.1M |
|
6
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $160M | 2.42% |
836,000
-2,083,000
| -71% | -$423M |
|
7
YPF Sociedad Anonima ADS
YPF
$20.1B
| $154M | 2.33% |
10,133,956
-864,352
| -8% | -$19.3M |
|
8
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $147M | 2.22% |
4,140,000
+2,220,000
| +116% | +$86.3M |
|
9
Zoetis
ZTS
$32.1B
| $145M | 2.19% |
3,520,997
+776,362
| +28% | +$36M |
|
|
ENDP
10
DELISTED
Endo International plc
ENDP
| $140M | 2.11% |
2,016,984
-282,797
| -12% | -$22.6M |
|
|
11
PayPal
PYPL
$52.7B
| $137M | 2.08% |
+4,428,759
| New | +$159M |
|
12
eBay
EBAY
$46.3B
| $132M | 2% |
5,405,913
-2,195,149
| -29% | -$59M |
|
|
TWC
13
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $126M | 1.91% |
702,554
-752,097
| -52% | -$140M |
|
|
PLCM
14
DELISTED
POLYCOM INC
PLCM
| $113M | 1.7% |
10,738,012
+91,346
| +0.9% | +$990K |
|
|
CIT
15
DELISTED
CIT Group Inc.
CIT
| $112M | 1.7% |
+2,801,256
| New | +$126M |
|
16
Vipshop
VIPS
$6.98B
| $98.8M | 1.49% |
5,881,922
+1,132,874
| +24% | +$21.7M |
|
17
NextEra Energy
NEE
$174B
| $98.2M | 1.49% |
4,028,220
-1,341,672
| -25% | -$34.1M |
|
|
LVLT
18
DELISTED
Level 3 Communications Inc
LVLT
| $87.6M | 1.32% |
2,005,471
-80,372
| -4% | -$3.87M |
|
|
19
CALL
DuPont de Nemours
DD
$18.7B
| $86.7M | 1.31% |
+807,729
| New | +$93.6M |
|
|
QUNR
20
DELISTED
Qunar Cayman Islands Limited
QUNR
| $82.9M | 1.25% |
2,756,958
+1,406,838
| +104% | +$51.4M |
|
|
DISH
21
DELISTED
DISH Network Corp.
DISH
| $75.6M | 1.14% |
1,295,520
| – | – |
|
|
PMCS
22
DELISTED
P M C SIERRA INC
PMCS
| $75.6M | 1.14% |
11,161,666
+5,095,000
| +84% | +$34.6M |
|
23
American Airlines Group
AAL
$9.15B
| $74.5M | 1.13% |
1,918,419
+651,481
| +51% | +$26.7M |
|
24
Essent Group
ESNT
$6.12B
| $74.1M | 1.12% |
2,981,278
-1,500,000
| -33% | -$41.2M |
|
|
25
SLB Ltd
SLB
$79.9B
| $67.7M | 1.02% |
+982,116
| New | +$77.8M |
|
Similar funds
George Soros's Q3 2015 Portfolio in Review
As of Q3 2015, George Soros held 351 positions worth $6.61B, down 38% from $10.7B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
George Soros withdrew a net $3.66B in Q3 2015, closing 116 positions and reducing 51 holdings. Its most notable exit was Herbalife, an estimated $108M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 9.8% of assets, up from 8.2% a quarter earlier, followed by Communication Services and Healthcare.
Against the trend, George Soros opened a new position in PayPal worth $137M.
- George Soros's largest Q3 2015 buy was PayPal: 4,428,759 shares worth $137M.
- George Soros added most to Allergan plc in Q3 2015, an estimated $189M increase.
- George Soros's biggest Q3 2015 reduction was LyondellBasell Industries, cutting an estimated $142M.
- George Soros fully exited Herbalife in Q3 2015, selling an estimated $108M.
- George Soros's ten largest holdings make up 26% of its $6.61B portfolio in Q3 2015.
- George Soros opened 92 new positions and closed 116 in Q3 2015.
- George Soros's portfolio value fell 38% quarter-over-quarter to $6.61B.
Based on Soros Fund Management's 13F filing for Q3 2015, filed 16 Nov 2015.