FX.co ★ What has Soros got in his portfolio?

Greatest manager

The Quantum Group hedge fund was founded in 1969. Over the years, until it turned into “a family office” in 2011, the fund has brought its clients almost $44 billion. Among the investors who trusted Soros were such moguls as Heldring, Pearson, and Rothschild. This success earned the American trader a nickname of “the world’s greatest investment manager” in the early 1980s.

Profiteering genius

Strange though it sounds, a Hungarian by ancestry, George Soros went down in history as the American who managed to crash the Bank of England. We are talking about Soros’ largest trading move in the early 1990s, when, through speculation, he managed to crash the pound sterling. This helped him earn £1 billion in a day and a reputation of a genius with unorthodox thinking and a picaresque streak to boot.

Largest profit posted last

By the end of 2020, the fund of George Soros owned over $5 billion worth of assets. If the investment portfolio had not changed dramatically by the time of the publication, the fund’s capital should have expanded by approximately $323 million by April 2021. The majority of the profit came from unloading shares of more than 40 emitters. The largest among the sold equities are shares of VICI Properties, Hain Celestial Group, and DraftKings.

Liberty Broadband

Today, a significant part of the Soros portfolio is equity of the Liberty Broadband holding that controls a number of various media assets. Soros has been investing in shares of this corporation for 5 years, and now he owns more than 5 million of them. Last year, Liberty Broadband’s assets appreciated by more than 25%, but have already lost 5.63% in 2021.

Palantir Technologies

Palantir Technologies develops software for data analysis and protection for intelligence services and investment banks. It has a long-standing record of cooperation with the American intelligence, even assisted in the search for Osamah Bin Laden, the international terrorist. Its equity started being traded on the New York Stock Exchange only in early autumn of 2020. Since then, its price has soared by almost 145%. Today, 1 share of Palantir Technologies costs about $22, and it was worth near $9.5 by the end of its first trading session. Soros owns almost 18.5 million in the shares and keeps investing in them.

Invesco QQQ Trust

This exchange-traded fund holds shares of 100 largest NASDAQ emitters: Apple, Amazon, Alphabet, Facebook, Netflix, Tesla, etc. In 2020, assets of Invesco QQQ Trust appreciated by almost 47%, and this year, they have gained another 7%. If we assume that the content of the Soros fund investment portfolio remained unchanged since the end of the last year, then its 11 million plus shares should have brought in a profit of $26 million.

D.R. Horton

Last year, D.R. Horton, the largest company on the US construction market, held the 183th spot in the Fortune rating for 500 corporations with the highest earnings. This year holds even better promises for the company. Since the beginning of 2021, its profit has exceeded the same period of 2020 by more than 80%. D.R. Horton’s shares also displayed excellent growth in Q1, gaining 36%. In perspective, they gained 30.65% over the whole preceding year. So it comes as no surprise that Soros keeps buying the shares, already owing more than 3.7 million of them.

iShares iBoxx $ Investment Grade Corporate Bond ETF

In the waning days of 2020, George Soros purchased 245 thousand shares of the ETF that holds corporate bonds of more than 2,000 largest emitters, such as Microsoft, CVS Health, The Goldman Sachs Group, Bank of America, Boeing, etc. According to the latest data, the investment guru owns approximately 1.6 million shares of the fund. In Q1, they depreciated by more than 5%, but in 2020, they gained almost 8%.