13F filer · CIK 1029160 ↗
Soros Fund Management
You are looking at Q4 2018. See the latest, Q2 2026 →
Reported value
$3.30B
−28% on the quarter before
Positions
165
46 new · 70 sold out
Top 10
50.7%
of the value
Est. gain
−$444.8M
on stocks held all quarter
Est. return
−18.1%
on those stocks since Q3 2018
Positions as of Dec 31, 2018, from Soros Fund Management's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 65% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2018. Striped tiles are options.
Largest buys
Since Q3 2018, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Invesco Qqq TrPUT~$52.9MNew · 0.0% → 1.6%+342,900 underlying
- Select Sector SPDR Tr~$48.3MNew · 0.0% → 1.5%+2,025,759 shares
- Ishares Tr~$39.6MNew · 0.0% → 1.2%+285,531 shares
- Philip Morris Intl Inc~$39.4MNew · 0.0% → 1.2%+590,000 shares
- Verizon Communications Inc~$34.4MNew · 0.0% → 1.0%+612,315 shares
- T Mobile Us Inc~$31.2MAdded · 0.1% → 1.1%+491,000 shares
- Mondelez Intl Inc~$30.5MAdded · 0.5% → 1.6%+762,100 shares
- Red Hat Inc~$24.8MNew · 0.0% → 0.8%+141,183 shares
- Conagra Brands Inc~$24.0MNew · 0.0% → 0.7%+1,125,000 shares
- Energizer Hldgs Inc New~$23.3MNew · 0.0% → 0.7%+515,000 shares
Largest sells
Since Q3 2018, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- SPDR S&P 500 ETF TrCALL~$98.8MSold out · 2.2% → 0.0%−340,000 underlying
- Select Sector SPDR TrCALL~$75.7MSold out · 1.7% → 0.0%−1,000,000 underlying
- Aetna Inc New~$68.9MSold out · 1.5% → 0.0%−339,489 shares
- Tribune Media Co~$65.7MCut · 1.3% → 0.2%−1,448,500 shares
- Microsoft~$55.2MSold out · 1.2% → 0.0%−482,500 shares
- Pinnacle Foods Inc Del~$55.1MSold out · 1.2% → 0.0%−849,445 shares
- Ishares TrPUT~$55.0MSold out · 1.2% → 0.0%−510,000 underlying
- Ishares Tr~$54.9MSold out · 1.2% → 0.0%−1,278,500 shares
- Devon Energy Corp NewCALL~$49.9MSold out · 1.1% → 0.0%−1,250,000 underlying
- Spotify Technology S A~$49.4MSold out · 1.1% → 0.0%−273,100 shares
Holdings
As of Dec 31, 2018. Changes are in shares against Sep 30, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Liberty Broadband CorpCOM SER C · shares 0% · price −14.6% | 15.9% | $525.2M | −$89.5M | ||||||||
| Vici Pptys IncCOM · shares −2.8% · price −13.1% | 11.9% | $392.5M | −$59.4M | ||||||||
| Caesars Entmt CorpCOM · shares −3.9% · price −33.8% | 6.8% | $225.2M | −$114.7M | ||||||||
| Altaba IncCOM · shares −4.4% · price −14.9% | 4.5% | $148.1M | −$26.0M | ||||||||
| Rovi CorpNOTE 0.500% 3/0 · shares −3.0% · price −0.0% | 3.3% | $108.0M | — | ||||||||
| SPDR S&P 500 ETF TrPUTTR UNIT · shares +16% | 2.5% | $81.2M | — | ||||||||
| Invesco Qqq TrPUTUNIT SER 1 · shares New | 1.6% | $52.9M | — | ||||||||
| Mondelez Intl IncCL A · shares +141% · price −6.8% | 1.6% | $52.2M | −$1.6M | ||||||||
| Select Sector SPDR TrSBI INT-FINL · shares New | 1.5% | $48.3M | — | ||||||||
| Ishares TrRUS 1000 ETF · shares New | 1.2% | $39.6M | — | ||||||||
| Philip Morris Intl IncCOM · shares New | 1.2% | $39.4M | — | ||||||||
| Coupa Software IncCOM · shares +7.0% · price −20.5% | 1.2% | $38.3M | −$9.3M | ||||||||
| Caesars Entmt CorpNOTE 5.000%10/0 · shares 0% · price −23.7% | 1.2% | $38.2M | — | ||||||||
| Gci Liberty IncCOM CLASS A · shares +43% · price −19.3% | 1.1% | $37.5M | −$6.3M | ||||||||
| T Mobile Us IncCOM · shares +832% · price −9.4% | 1.1% | $35.0M | −$387,956 | ||||||||
| Lpl Finl Hldgs IncCOM · shares 0% · price −5.3% | 1.1% | $34.9M | −$2.0M | ||||||||
| Verizon Communications IncCOM · shares New | 1.0% | $34.4M | — | ||||||||
| Inseego CorpNOTE 5.500% 6/1 · shares 0% · price +5.4% | 1.0% | $34.4M | — | ||||||||
| Mccormick & Co IncCOM NON VTG · shares +258% · price +5.7% | 0.91% | $29.9M | +$449,512 | ||||||||
| Veeco Instrs Inc DelNOTE 2.700% 1/1 · shares +30% · price −10.9% | 0.90% | $29.6M | — | ||||||||
| SalesforceCOM · shares −8.9% · price −13.9% | 0.85% | $28.1M | −$4.5M | ||||||||
| RingCentralCL A · shares −9.3% · price −11.4% | 0.85% | $28.0M | −$3.6M | ||||||||
| onsemiNOTE 1.000%12/0 · shares +150% · price −5.0% | 0.84% | $27.6M | — | ||||||||
| AlphabetCAP STK CL A · shares +82% · price −13.4% | 0.79% | $26.1M | −$2.2M | ||||||||
| Red Hat IncCOM · shares New | 0.75% | $24.8M | — | ||||||||
| Total · 165 positions | 100% | $3.30B | −$444.8M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2018 to Q4 2018: 97 stocks held throughout, down $444.8M (−18.1%).
- Tribune Media Co+$1.1M+18%
- Hershey Co+$880,909+5%
- Cme Group Inc+$825,987+11%
- NRG Energy+$536,400+6%
- Mccormick & Co Inc+$449,512+6%
- Lions Gate Entmnt Corp−$10.8M−34%
- Altaba Inc−$26.0M−15%
- Vici Pptys Inc−$59.4M−13%
- Liberty Broadband Corp−$89.5M−15%
- Caesars Entmt Corp−$114.7M−34%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $8.14B−11% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $9.12B+6% | SEC ↗ |
| Q4 2025 | Feb 13, 2026 | $8.63B+23% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $7.02B−12% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $7.97B+19% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $6.70B+1% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $6.65B−4% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $6.92B+24% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $5.57B−7% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $6.02B−21% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $7.65B+9% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $7.05B+10% | SEC ↗ |
| Q2 2023 | Aug 11, 2023 | $6.41B−1% | SEC ↗ |
| Q1 2023 | May 12, 2023 | $6.49B−11% | SEC ↗ |
| Q4 2022 | Feb 13, 2023 | $7.26B+24% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $5.86B+4% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $5.62B−15% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $6.57B−10% | SEC ↗ |
| Q4 2021 | Feb 11, 2022 | $7.31B+35% | SEC ↗ |
| Q3 2021 | Nov 12, 2021 | $5.42B−9% | SEC ↗ |
| Q2 2021 | Aug 13, 2021 | $5.93B+11% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $5.33B+1% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $5.30B+30% | SEC ↗ |
| Q3 2020 | Nov 13, 2020 | $4.08B−9% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $4.48B+127% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $1.98B−36% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $3.09B−14% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $3.61B−15% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $4.27B−1% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $4.31B+31% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $3.30B−28% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $4.56B−27% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $6.25B+1% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $6.16B+41% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $4.37B+4% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $4.20B−25% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $5.62B+13% | SEC ↗ |
| Q1 2017 | May 15, 2017 | $4.96B+15% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $4.32B+8% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $4.00B−14% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $4.68B+3% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $4.53B | SEC ↗ |