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 |
Peloton Interactive
PTON
|
+$40M |
| 2 |
CELG
Celgene Corp
CELG
|
+$34.3M |
| 3 |
Alcon
ALC
|
+$31.9M |
| 4 |
Blue Owl Capital
OBDC
|
+$22M |
| 5 |
Ally Financial
ALLY
|
+$21.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$218M |
| 2 |
RHT
Red Hat Inc
RHT
|
+$97.4M |
| 3 |
CZR
Caesars Entertainment Corporation
CZR
|
+$72.8M |
| 4 |
Walt Disney
DIS
|
+$44M |
| 5 |
VICI Properties
VICI
|
+$43.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.49% |
| 2 | Real Estate | 13.13% |
| 3 | Financials | 11.81% |
| 4 | Consumer Discretionary | 8.79% |
| 5 | Healthcare | 6.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LBRDK
1
DELISTED
Liberty Broadband Class C
LBRDK
| $737M | 20.42% |
7,042,696
-207,600
| -3% | -$21.7M |
|
|
2
VICI Properties
VICI
$29.2B
| $420M | 11.63% |
18,535,657
-2,000,000
| -10% | -$43.6M |
|
|
CZR
3
DELISTED
Caesars Entertainment Corporation
CZR
| $150M | 4.15% |
12,835,265
-6,208,393
| -33% | -$72.8M |
|
|
CELG
4
DELISTED
Celgene Corp
CELG
| $117M | 3.24% |
1,178,657
+361,272
| +44% | +$34.3M |
|
5
Alphabet (Google) Class A
GOOGL
$4.22T
| $80.3M | 2.22% |
1,315,000
| – | – |
|
6
D.R. Horton
DHI
$41.5B
| $71.1M | 1.97% |
1,348,705
-292,166
| -18% | -$13.9M |
|
7
Mondelez International
MDLZ
$82.3B
| $67.2M | 1.86% |
1,214,000
+31,000
| +3% | +$1.7M |
|
8
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $59.2M | 1.64% |
+2,000,000
| New | +$60.5M |
|
9
eBay
EBAY
$46.3B
| $46.4M | 1.29% |
1,191,000
+126,000
| +12% | +$5.05M |
|
10
Gen Digital
GEN
$17.3B
| $46.2M | 1.28% |
1,953,063
+98,663
| +5% | +$2.3M |
|
|
AABA
11
DELISTED
Altaba Inc
AABA
| $45.4M | 1.26% |
2,328,937
-129,001
| -5% | -$8.53M |
|
12
LPL Financial
LPLA
$28.5B
| $41.9M | 1.16% |
511,416
-25,283
| -5% | -$2.02M |
|
|
GRFS
13
Grifois
GRFS
$5.44B
| $41.7M | 1.16% |
2,082,086
-43,839
| -2% | -$941K |
|
|
14
Peloton Interactive
PTON
$2.37B
| $39.5M | 1.1% |
+1,575,000
| New | +$40M |
|
15
Edgewell Personal Care
EPC
$1.32B
| $32.2M | 0.89% |
990,000
+190,000
| +24% | +$5.67M |
|
|
16
Alcon
ALC
$35.6B
| $31M | 0.86% |
+532,340
| New | +$31.9M |
|
17
Annaly Capital Management
NLY
$17.5B
| $31M | 0.86% |
879,357
+288,280
| +49% | +$10.4M |
|
18
Energizer
ENR
$1.47B
| $30.5M | 0.85% |
700,000
-130,000
| -16% | -$5.17M |
|
19
UnitedHealth
UNH
$350B
| $29.3M | 0.81% |
135,000
+20,000
| +17% | +$4.83M |
|
|
ETFC
20
DELISTED
E*Trade Financial Corporation
ETFC
| $26.5M | 0.73% |
606,190
-41,928
| -6% | -$1.86M |
|
21
Keurig Dr Pepper
KDP
$43.6B
| $26.1M | 0.72% |
955,000
-15,000
| -2% | -$419K |
|
22
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $25.7M | 0.71% |
916,467
| – | – |
|
23
JPMorgan Chase
JPM
$935B
| $25M | 0.69% |
212,244
| – | – |
|
24
Synchrony
SYF
$25.9B
| $23.5M | 0.65% |
689,729
| – | – |
|
25
Citigroup
C
$221B
| $22.1M | 0.61% |
319,779
+136,912
| +75% | +$9.31M |
|
Similar funds
George Soros's Q3 2019 Portfolio in Review
As of Q3 2019, George Soros held 211 positions worth $3.61B, down 15% from $4.27B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
George Soros withdrew a net $1.18B in Q3 2019, closing 36 positions and reducing 24 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $218M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 23% of assets, down from 24% a quarter earlier, followed by Real Estate and Financials.
Against the trend, George Soros opened a new position in Peloton Interactive worth $39.5M.
- George Soros's largest Q3 2019 buy was Peloton Interactive: 1,575,000 shares worth $39.5M.
- George Soros added most to Celgene Corp in Q3 2019, an estimated $34.3M increase.
- George Soros's biggest Q3 2019 reduction was Caesars Entertainment Corporation, cutting an estimated $72.8M.
- George Soros fully exited Invesco QQQ Trust in Q3 2019, selling an estimated $218M.
- George Soros's ten largest holdings make up 50% of its $3.61B portfolio in Q3 2019.
- George Soros opened 30 new positions and closed 36 in Q3 2019.
- George Soros's portfolio value fell 15% quarter-over-quarter to $3.61B.
Based on Soros Fund Management's 13F filing for Q3 2019, filed 14 Nov 2019.