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 |
NXP Semiconductors
NXPI
|
+$123M |
| 2 |
Spotify
SPOT
|
+$117M |
| 3 |
AT&T
T
|
+$66.5M |
| 4 |
P
Pandora Media Inc
P
|
+$47.6M |
| 5 |
XL
XL Group Ltd.
XL
|
+$32M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KW
Kennedy-Wilson Holdings
KW
|
+$103M |
| 2 |
Lam Research
LRCX
|
+$57.5M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$44.6M |
| 4 |
Alerian MLP ETF
AMLP
|
+$43.7M |
| 5 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
+$43.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 17.87% |
| 2 | Financials | 16.44% |
| 3 | Technology | 11.39% |
| 4 | Consumer Discretionary | 8.51% |
| 5 | Real Estate | 7.62% |
| 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
| $626M | 10.02% |
2,307,800
+1,287,800
| +126% | +$348M |
|
|
LBRDK
2
DELISTED
Liberty Broadband Class C
LBRDK
| $556M | 8.9% |
7,344,036
-325,000
| -4% | -$24.6M |
|
3
VICI Properties
VICI
$29.2B
| $444M | 7.1% |
21,498,926
| – | – |
|
|
CZR
4
DELISTED
Caesars Entertainment Corporation
CZR
| $369M | 5.91% |
34,498,395
| – | – |
|
|
5
NXP Semiconductors
NXPI
$56.9B
| $210M | 3.36% |
1,920,494
+1,114,504
| +138% | +$123M |
|
|
AABA
6
DELISTED
Altaba Inc
AABA
| $198M | 3.16% |
2,699,619
-125,000
| -4% | -$9.36M |
|
|
7
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $170M | 2.71% |
625,000
+365,000
| +140% | +$98.6M |
|
|
8
CALL
AT&T
T
$173B
| $128M | 2.06% |
+5,296,000
| New | +$133M |
|
|
9
Spotify
SPOT
$110B
| $123M | 1.96% |
+728,700
| New | +$117M |
|
|
AET
10
DELISTED
Aetna Inc
AET
| $94.1M | 1.51% |
512,928
-32,657
| -6% | -$5.82M |
|
|
COL
11
DELISTED
Rockwell Collins
COL
| $85.4M | 1.37% |
634,080
+77,360
| +14% | +$10.5M |
|
|
XL
12
DELISTED
XL Group Ltd.
XL
| $71.7M | 1.15% |
1,281,490
+574,325
| +81% | +$32M |
|
13
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $69.4M | 1.11% |
+650,000
| New | +$70.9M |
|
14
JPMorgan Chase
JPM
$935B
| $68.6M | 1.1% |
657,921
-61,739
| -9% | -$6.77M |
|
15
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $68.1M | 1.09% |
+1,326,200
| New | +$69.3M |
|
16
PUT
Invesco QQQ Trust
QQQ
$486B
| $66.5M | 1.06% |
387,500
-362,500
| -48% | -$60.8M |
|
|
17
AT&T
T
$173B
| $64.2M | 1.03% |
+2,648,000
| New | +$66.5M |
|
18
CALL
Chevron
CVX
$403B
| $63.5M | 1.02% |
+502,000
| New | +$62.3M |
|
19
Bank of America
BAC
$431B
| $60.6M | 0.97% |
2,149,053
-273,678
| -11% | -$8.17M |
|
|
P
20
DELISTED
Pandora Media Inc
P
| $56.1M | 0.9% |
+7,123,275
| New | +$47.6M |
|
21
Wells Fargo
WFC
$254B
| $52.6M | 0.84% |
949,674
-183,239
| -16% | -$9.82M |
|
22
Amazon
AMZN
$2.79T
| $50.8M | 0.81% |
598,000
-286,000
| -32% | -$22.7M |
|
23
Netflix
NFLX
$331B
| $47M | 0.75% |
1,202,000
-998,000
| -45% | -$34M |
|
24
Citigroup
C
$221B
| $38.7M | 0.62% |
578,568
-125,350
| -18% | -$8.63M |
|
25
ServiceNow
NOW
$133B
| $38.2M | 0.61% |
1,106,695
+556,695
| +101% | +$19.3M |
|
Similar funds
George Soros's Q2 2018 Portfolio in Review
As of Q2 2018, George Soros held 291 positions worth $6.25B, up 1.5% from $6.16B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
George Soros withdrew a net $384M in Q2 2018, closing 88 positions and reducing 48 holdings. Its most notable exit was Kennedy-Wilson Holdings, an estimated $103M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 18% of assets, up from 18% a quarter earlier, followed by Financials and Technology.
Against the trend, George Soros opened a new position in Spotify worth $123M.
- George Soros's largest Q2 2018 buy was Spotify: 728,700 shares worth $123M.
- George Soros added most to NXP Semiconductors in Q2 2018, an estimated $123M increase.
- George Soros's biggest Q2 2018 reduction was Netflix, cutting an estimated $34M.
- George Soros fully exited Kennedy-Wilson Holdings in Q2 2018, selling an estimated $103M.
- George Soros's ten largest holdings make up 47% of its $6.25B portfolio in Q2 2018.
- George Soros opened 68 new positions and closed 88 in Q2 2018.
- George Soros's portfolio value rose 1.5% quarter-over-quarter to $6.25B.
Based on Soros Fund Management's 13F filing for Q2 2018, filed 14 Aug 2018.