13F filer · CIK 1029160 ↗
Soros Fund Management
You are looking at Q1 2023. See the latest, Q2 2026 →
Reported value
$6.49B
−11% on the quarter before
Positions
185
66 new · 89 sold out
Top 10
28.3%
of the value
Est. gain
+$58.8M
on stocks held all quarter
Est. return
+3.3%
on those stocks since Q4 2022
Positions as of Mar 31, 2023, 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, 51% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2022. Striped tiles are options.
Largest buys
Since Q4 2022, 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.
- Horizon Therapeutics Pub LCALL~$138.9MNew · 0.0% → 2.1%+1,273,000 underlying
- Snap~$95.1MNew · 0.0% → 1.5%+134,000,000 shares
- Wolfspeed~$62.8MNew · 0.0% → 1.0%+74,600,000 shares
- Lumentum~$61.9MNew · 0.0% → 1.0%+80,500,000 shares
- Horizon Therapeutics Pub L~$47.3MAdded · 4.5% → 5.5%+433,300 shares
- American Wtr Wks Co Inc New~$46.3MNew · 0.0% → 0.7%+316,400 shares
- Ncl Corp Ltd~$45.1MNew · 0.0% → 0.7%+59,750,000 shares
- Academy Sports & Outdoors InPUT~$42.4MNew · 0.0% → 0.7%+650,000 underlying
- Block~$41.2MAdded · 0.2% → 0.8%+53,500,000 shares
- Ishares TrCALL~$39.5MNew · 0.0% → 0.6%+1,000,000 underlying
Largest sells
Since Q4 2022, 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.
- Rivian Automotive Inc~$166.7MCut · 3.6% → 0.9%−10,765,726 shares
- Altra Indl Motion Corp~$119.5MSold out · 1.6% → 0.0%−2,000,001 shares
- Ishares TrPUT~$105.4MSold out · 1.5% → 0.0%−1,000,000 underlying
- Salesforce~$94.7MCut · 1.2% → 0.5%−474,066 shares
- Bowlero Corp~$87.4MCut · 1.5% → 0.8%−5,154,303 shares
- Coupa Software Inc~$86.2MSold out · 1.2% → 0.0%−89,250,000 shares
- Etsy Inc~$83.1MCut · 1.5% → 0.3%−57,900,000 shares
- Signify Health Inc~$81.0MSold out · 1.1% → 0.0%−2,825,466 shares
- Ford Mtr Co Del~$78.7MSold out · 1.1% → 0.0%−83,000,000 shares
- Aramark~$77.4MCut · 1.9% → 0.7%−2,161,544 shares
Holdings
As of Mar 31, 2023. Changes are in shares against Dec 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Horizon Therapeutics Pub LSHS · shares +15% · price −4.1% | 5.5% | $359.3M | −$13.3M | ||||||||
| Ishares TrIBOXX INV CP ETF · shares +0.2% · price +4.0% | 4.1% | $265.6M | +$10.1M | ||||||||
| Ishares TrPUTIBOXX HI YD ETF · shares +25% | 2.9% | $188.9M | — | ||||||||
| SeaNOTE 2.375%12/0 · shares −1.4% · price +22.7% | 2.6% | $167.0M | — | ||||||||
| DigitalOceanNOTE 12/0 · shares +19% · price +3.7% | 2.5% | $162.3M | — | ||||||||
| AlphabetCAP STK CL A · shares −19% · price +17.6% | 2.3% | $147.2M | +$22.0M | ||||||||
| OktaNOTE 0.125% 9/0 · shares −4.1% · price +3.1% | 2.1% | $139.2M | — | ||||||||
| Horizon Therapeutics Pub LCALLSHS · shares New | 2.1% | $138.9M | — | ||||||||
| Splunk IncNOTE 1.125% 6/1 · shares +17% · price +0.9% | 2.1% | $137.3M | — | ||||||||
| First Horizon CorporationCOM · shares −14% · price −27.4% | 2.0% | $130.0M | −$49.1M | ||||||||
| Unity Software IncNOTE 11/1 · shares 0% · price +3.5% | 1.9% | $125.9M | — | ||||||||
| CloudflareNOTE 8/1 · shares +11% · price +2.7% | 1.9% | $123.4M | — | ||||||||
| Liberty Broadband CorpCOM SER C · shares 0% · price +7.1% | 1.8% | $113.6M | +$7.5M | ||||||||
| RingCentralNOTE 3/0 · shares +10% · price +2.3% | 1.7% | $111.8M | — | ||||||||
| Nio IncNOTE 2/0 · shares 0% · price +5.6% | 1.7% | $107.2M | — | ||||||||
| SeaNOTE 0.250% 9/1 · shares −5.6% · price +7.6% | 1.6% | $106.9M | — | ||||||||
| Invesco Qqq TrPUTUNIT SER 1 · shares −34% | 1.6% | $105.9M | — | ||||||||
| Blackline IncNOTE 3/1 · shares −3.6% · price −0.7% | 1.6% | $101.4M | — | ||||||||
| Wayfair IncNOTE 1.000% 8/1 · shares −4.4% · price +14.5% | 1.6% | $100.8M | — | ||||||||
| Lyft IncNOTE 1.500% 5/1 · shares +35% · price +0.7% | 1.5% | $99.3M | — | ||||||||
| Confluent IncNOTE 1/1 · shares −10.0% · price +3.8% | 1.5% | $97.3M | — | ||||||||
| SnapNOTE 0.125% 3/0 · shares New | 1.5% | $95.1M | — | ||||||||
| Microstrategy IncNOTE 0.750%12/1 · shares 0% · price +94.2% | 1.4% | $88.6M | — | ||||||||
| Peloton Interactive IncNOTE 2/1 · shares +10% · price +6.7% | 1.4% | $88.5M | — | ||||||||
| SnapNOTE 0.750% 8/0 · shares −18% · price +7.9% | 1.4% | $88.4M | — | ||||||||
| Total · 185 positions | 100% | $6.49B | +$58.8M |
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 Q4 2022 to Q1 2023: 62 stocks held throughout, up $58.8M (+3.3%).
- Alphabet+$22.0M+18%
- Indie Semiconductor Inc+$15.3M+81%
- Amazon+$13.6M+23%
- Salesforce+$11.4M+51%
- Bowlero Corp+$10.4M+26%
- Proterra Inc−$5.2M−60%
- Aramark−$6.8M−13%
- Rivian Automotive Inc−$10.6M−16%
- Horizon Therapeutics Pub L−$13.3M−4%
- First Horizon Corporation−$49.1M−27%
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 ↗ |