Investment guru George Soros has made significant gains in these particular stock holdings.
In the bustling world of finance, a significant shift has been observed in the portfolio of billionaire investor George Soros. The 94-year-old business magnate, with a net worth of $6.7 billion, made some notable moves in the second quarter, according to 13F filings.
Soros sold his entire positions in the stocks of Alphabet, Aercap Holdings, Okta, Cboe Global Markets, DoorDash, and Jacobs Solutions. This decision, particularly the sale of Alphabet, one of the top 5 positions in his portfolio, caused a notable change.
However, Soros didn't just sell. He also bought stocks of Fiserv, DraftKings, and Target, and significantly reduced the size of his Nike and Uber holdings. His portfolio now includes a 1.69 percent stake in Alibaba Group Holding Ltd, 0.75 percent in JD.com Inc, and a weighty 1.46 percent in Stericycle Inc. ChampionX Corp also finds a place in his portfolio, with a 1.87 percent share.
The current five largest holdings in Soros' portfolio are the S&P 500 ETF TRUST ETF, which makes up 5.60 percent of his portfolio.
Boersenmedien AG, a German financial media company, has been closely following these developments. The company, which developed the BÖRSE ONLINE Best of Billionairs Index, has entered into a cooperation agreement with the issuers of the financial instruments mentioned. Boersenmedien AG grants the issuers a license to use the BÖRSE ONLINE Best of Billionairs Index, and the company receives remuneration from the issuer.
The BÖRSE ONLINE Best of Billionairs Index, which may provide insights for those looking to invest like billionaires and legendary investors, includes the above-mentioned companies in Soros' portfolio.
It's important to note that the search results do not provide information about which companies Soros acquired or added in the second quarter, nor which positions he has sold or exited compared to earlier.
In conclusion, Soros' moves in the second quarter highlight his strategic approach to investing, demonstrating his ability to adapt to market conditions while maintaining a diversified portfolio. For those interested in following his investment strategy, the BÖRSE ONLINE Best of Billionairs Index could serve as a valuable resource.
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