We know George Soros, an investment veteran for many different spheres of influence. Some know him as a successful investor which started in 1954, while others remember him for his activism influence. His successful use of global macro strategies showed his great understanding of global economic shifts. George Soros’s portfolio currently has 113 holdings valued at over $3.2 billion, diversified in different sectors.
The largest share of Soros’ portfolio is concentrated in tech and healthcare industries, with investing in companies like Horizon Therapeutics, Activision Blizzard, Alphabet, and Novo Nordisk. He also has 53 calls and put options. The largest put options are in trust funds Invesco Capital and several BlackRock funds. Call options also include BlackRock ETFs and software companies like Splunk and Alteryx.
George Soros Portfolio Current Holdings
- Horizon Pharmaceuticals Plc (NASDAQ:HZNP) with 12% of the portfolio
Soros started building this holding in Q4 2022 and on two occasions bought a total of 3.3 million shares. He did a minor sale of 2 thousand shares in Q3 2023, and his total investment into this holding is $285 million. The current value of this holding is at $383 million, resulting in a gain for Soros of 34%.
- Activision Blizzard (NASDAQ:ATVI) with 8.88% of the portfolio
This major game developer was a part of Soros’ portfolio from 2009. From that time he several times exited from this holding, and his latest influx was in Q3 2023. He bought 3 million shares at an average of $91.23. His total investment into these stocks is $274 million, and they gained some value bringing gains of 3.5%. Blizzard stock’s current value is $94.42.
- Alphabet Inc Class A (NASDAQ:GOOG) with 6.27% of the portfolio
Soros fund management first invested in Alphabet in Q4 2015 when they bought 1.31 million shares. Since then Soros bought shares on 13 and sold them on 12 occasions. Soros now owns 1.4 million shares valued at $200 million. Since his investment was $120 million, this investment resulted in a gain of 66% so far.
- Novo Nordisk (CPH:NOVO-B) with 5.44% of the portfolio
This Danish pharmaceutical giant is a new holding in Soros’ portfolio dating to Q3 2023. The price of their stock had a steady slow rise in the last two years, and when Soros acted, they were valued at $164.52. Right after the trade, the stock price plummeted to $91.30. That happened at the end of September, and since then they slightly recovered to $113.70. Soros invested $251 million into 1.53 million shares, whose current value is $173 million. For this short period, this holding resulted in a loss of 31%.
- Abcam – ADR (NASDAQ:ABCM) with 4.65% of the portfolio
Abcam is another recent addition to Soros’s portfolio since he bought the stake at the beginning of August 2023. They are a global leader in the supply of life science research tools and were bought by the Danaher Corporation in November. Soros bought 6.18 million shares for $143 million. The value of shares increased from $22.99 to $23.99 netting him a return of 4.3% so far.
- Aercap Holdings N.V. (NYSE:AER) with 4.56% of the portfolio
Aercap is one of rare Soros’ long-term investments dating back to Q4 2009. From that time he entered and exited this position several times. During 2023 he bought their stocks on three occasions raising his stake to 1.86 million shares. The stake cost him $114 million, and since then the value of stocks continued to rise. This holding is now valued at $145 million, bringing a gain of 28%.
- Amazon (NASDAQ:AMZN) with 4.12% of the portfolio
Since 2021 Soros bought Amazon stocks 4 times and sold them 7 times. He currently owns 764 thousand shares valued at $131 million. Soros invested in Amazon $116 million resulting in a gain of 14%. Amazon stocks have seen a steady rise in price since the beginning of 2023 when they were valued at $84, and now they are valued at $171.81.
- CRH Plc (NYSE:CRH) with 3.47% of the portfolio
This Dublin-based manufacturer and supplier of building materials is an August 2023 addition to Soros’s portfolio. He bought 2.07 million shares for $116 million. This holding saw a price decline, reducing the value of Soros’s investment to $111 million.
- Liberty Broadband Corp – Series C (NASDAQ:LBRDK) with 2.92% of the portfolio
Soros bought 2016 a total of 8.9 million shares, and since then he has been reducing his stake. His latest trade was in Q3 2022 when Soros sold 360 thousand shares at an average of $106.38. Since then the price went down to $66.88. Soros invested $81 million, and the value of this holding is now $93 million, resulting in a gain of 15%.
Strategic Insights and Future Outlook
George Soros handed over the control of the Open Society Foundation to his son Alexander in December 2022. This organization controls most of the $25 billion in their family office. He later stated that the Foundation’s manpower will be reduced by at least 40% and that it will shift its focus away from the European Union.
Regarding his involvement in the George Soros hedge fund, he is still the chairman, but he passed most of the decision-making to the CEO Dawn Fitzpatrick.
She pointed to the interest in bitcoin and other cryptocurrencies, but that they still need time to develop and find a spot in the global financial network.
Due to his age and preference for Open Society Foundation activities, his implications in the investment decisions will be minimal.