Showing posts with label Stocks. Show all posts

Saturday, November 16, 2013

George Soros' Top 10 New Stock Buys

After nearly four decades and achieving unprecedented returns for a 26-year stretch through his Quantum Fund, George Soros has moved on to devote the majority of his time to philanthropic efforts. Though he closed his then-$25.5 billion Soros Fund Management LLC to outside investors in 2011 to avoid registering with the SEC, he still has a hand in its management of his and his family's wealth.

In the third quarter, Soros' fund purchased 91 new stocks and at quarter end held a total of 232 stocks which have an aggregate fair value of $9.14 billion. The amount of turnover from the previous quarter was 24%.

The recent performance of Soros' stock selections:

The 10 Largest New Buys

Microsoft ( MSFT )

Soros wins with Xylem and Tableau Software

You Win Some, You Lose Some: Tuesday A Wash For Soros on Wall Street

Today’s daily gainers are Xylem Inc (NYSE:XYL), Pitney Bowes Inc. (NYSE:PBI), Tableau Software Inc (NYSE:DATA) and daily losers are The Goodyear Tire & Rubber Company (NASDAQ:GT), MeadWestvaco Corp. (NYSE:MWV), Constant Contact Inc (NASDAQ:CTCT).

Today’s top gainer is Xylem Inc. (NYSE:XYL). The tech company’s stock price rose +11.30% to $32.20 after signing an agreement with WaTech® to evaluate new water technologies and accelerate the commercialization of innovative products and services. This comes as a good bit of news for George Soros, who owns 401,000 Xylem shares purchased at $25.89 each. This position represents 0.12% of his fund.

Coming in second is Pitney Bowes Inc. (NYSE:PBI). The software and hardware company performed +10.26% ($21.21) despite reporting a miss in target earnings. Tiger Global holds 1.8 million shares, which represent 0.47% of its portfolio. Tiger paid an average price of $11.95 per asset.

http://www.valuewalk.com/2013/10/george-soros-news/

Friday, September 20, 2013

George Soros and David Einhorn love these Stocks

By Meena Krishnamsetty and Matt Doiron

In August, billionaire David Einhorn's Greenlight Capital and billionaire George Soros's Soros Fund Management filed their 13Fs for the second quarter of 2013 with the SEC, disclosing many of their long equity positions as of the end of June. Despite the inherent delay in 13Fs- which sometimes causes market

watchers to claim they have little utility for most investors—we've actually found that the most popular small cap stocks among hedge funds earn an average excess return of 18 percentage points per year, and we think that more strategies are possible as well. Our own small cap portfolio based on our monkeying strategy outperformed the S&P 500 by 29 percentage points since inception in August 2012.

http://www.marketwatch.com/story/george-soros-and-david-einhorn-love-these-stocks-2013-09-09?link=MW_latest_news

Who is George Soros

George Soros was born in Budapest, Hungary, in 1930. His father was taken prisoner during World War I and eventually fled from captivity in Russia to reunite with his family in Budapest. Soros was thirteen years old when Hitler's Wehrmacht seized Hungary and began deporting the country's Jews to extermination camps. In 1946, as the Soviet Union was taking control of the country, Soros attended a conference in the West and defected. He emigrated in 1947 to England, supported himself by working as a railroad porter and a restaurant waiter, graduated in 1952 from the London School of Economics, and obtained an entry-level position with an investment bank.

In 1956, Soros immigrated to the United States, working as a trader and analyst until 1963. During that time, he developed his own theory of markets called 'reflexivity', which he has laid out in his recent books THE ALCHEMY OF FINANCE and THE CREDIT CRISIS OF 2008 AND WHAT IT MEANS. In 1967 he helped establish an offshore investment fund; and in 1973 he set up a private investment firm that eventually evolved into the Quantum Fund, one of the first hedge funds, through which he accumulated a vast fortune.

George Soros is a self-described student of Karl Popper, and strong opponent of totalitarianism. He has devoted much time to philanthropy — among other projects, founding the Open Society Institute in 1993 — and, after 2001, to US domestic politics, donating millions of dollars to Democratic candidates and liberal 527 organizations and earning political enmity in the process. Soros has published numerous books, including THE CREDIT CRISIS OF 2008 AND WHAT IT MEANS; THE AGE OF FALLIBILITY: CONSEQUENCES OF THE WAR ON TERROR (Public Affairs, 2006); THE BUBBLE OF AMERICAN SUPREMACY (2005); GEORGE SOROS ON GLOBALIZATION (2002); OPEN SOCIETY: REFORMING GLOBAL CAPITALISM (2000); THE CRISIS OF GLOBAL CAPITALISM: OPEN SOCIETY ENDANGERED (1998); SOROS ON SOROS: STAYING AHEAD OF THE CURVE (1995); UNDERWRITING DEMOCRACY (1991); OPENING THE SOVIET SYSTEM (1990); and THE ALCHEMY OF FINANCE (1987). His essays on politics,

GEORGE SOROS BLOG