13F filer · CIK 1029160 ↗
Soros Fund Management
You are looking at Q4 2023. See the latest, Q2 2026 →
Reported value
$7.65B
+8.5% on the quarter before
Positions
209
76 new · 76 sold out
Top 10
27.2%
of the value
Est. gain
+$167.7M
on stocks held all quarter
Est. return
+10.5%
on those stocks since Q3 2023
Positions as of Dec 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, 48% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2023. Striped tiles are options.
Largest buys
Since Q3 2023, 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.
- Ishares Tr~$208.2MAdded · 0.4% → 3.1%+1,037,497 shares
- Ishares TrPUT~$193.5MNew · 0.0% → 2.5%+2,500,000 underlying
- SPDR S&P 500 ETF TrPUT~$159.2MNew · 0.0% → 2.1%+335,000 underlying
- Splunk Inc~$153.1MAdded · 1.2% → 3.1%+1,005,039 shares
- Splunk IncPUT~$152.3MNew · 0.0% → 2.0%+1,000,000 underlying
- Ishares TrPUT~$100.4MAdded · 2.5% → 3.9%+500,000 underlying
- Wolfspeed~$91.5MNew · 0.0% → 1.2%+135,500,000 shares
- SPDR S&P 500 ETF Tr~$78.7MNew · 0.0% → 1.0%+165,498 shares
- Lantheus Hldgs Inc~$77.4MNew · 0.0% → 1.0%+69,000,000 shares
- Ishares TrCALL~$77.4MNew · 0.0% → 1.0%+1,000,000 underlying
Largest sells
Since Q3 2023, 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 L~$380.6MSold out · 5.4% → 0.0%−3,289,584 shares
- Invesco Qqq TrPUT~$327.6MCut · 7.1% → 3.2%−800,000 underlying
- Activision Blizzard Inc~$280.9MSold out · 4.0% → 0.0%−3,000,001 shares
- Sea~$191.7MCut · 2.8% → 0.1%−232,511,000 shares
- Ishares TrCALL~$173.0MCut · 2.8% → 0.6%−1,750,000 underlying
- Abcam Plc~$139.9MSold out · 2.0% → 0.0%−6,183,749 shares
- Microstrategy Inc~$106.3MCut · 1.5% → 0.7%−64,350,000 shares
- Splunk IncCALL~$87.7MSold out · 1.2% → 0.0%−599,400 underlying
- Ishares TrCALL~$76.5MSold out · 1.1% → 0.0%−750,000 underlying
- Alteryx IncCALL~$61.7MCut · 0.9% → 0.3%−1,309,200 underlying
Holdings
As of Dec 31, 2023. Changes are in shares against Sep 30, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ishares TrPUTRUSSELL 2000 ETF · shares +50% | 3.9% | $301.1M | — | ||||||||
| Invesco Qqq TrPUTUNIT SER 1 · shares −57% | 3.2% | $245.7M | — | ||||||||
| Splunk IncCOM · shares +175% · price +4.2% | 3.1% | $240.7M | +$3.5M | ||||||||
| Ishares TrRUSSELL 2000 ETF · shares +646% · price +13.6% | 3.1% | $240.5M | +$3.8M | ||||||||
| Ishares TrPUTIBOXX HI YD ETF · shares New | 2.5% | $193.5M | — | ||||||||
| Aercap Holdings NvSHS · shares +33% · price +18.6% | 2.4% | $183.5M | +$21.6M | ||||||||
| DigitalOceanNOTE 12/0 · shares +12% · price +7.8% | 2.4% | $182.9M | — | ||||||||
| AlphabetCAP STK CL A · shares −13% · price +6.7% | 2.2% | $170.3M | +$10.8M | ||||||||
| Novo-Nordisk A SADR · shares +1.9% · price +13.8% | 2.1% | $160.8M | +$19.1M | ||||||||
| SPDR S&P 500 ETF TrPUTTR UNIT · shares New | 2.1% | $159.2M | — | ||||||||
| Splunk IncPUTCOM · shares New | 2.0% | $152.3M | — | ||||||||
| SnapNOTE 0.125% 3/0 · shares +49% · price +13.8% | 1.9% | $144.6M | — | ||||||||
| Wayfair IncNOTE 1.000% 8/1 · shares +5.8% · price +7.0% | 1.6% | $121.0M | — | ||||||||
| Microstrategy IncNOTE 2/1 · shares +46% · price +24.4% | 1.6% | $119.9M | — | ||||||||
| CloudflareNOTE 8/1 · shares +22% · price +6.3% | 1.6% | $119.7M | — | ||||||||
| Liberty Broadband CorpCOM SER C · shares 0% · price −11.7% | 1.5% | $112.0M | −$14.9M | ||||||||
| Blackline IncNOTE 3/1 · shares +198% · price +2.9% | 1.4% | $105.8M | — | ||||||||
| Peloton Interactive IncNOTE 2/1 · shares +36% · price +2.6% | 1.4% | $103.5M | — | ||||||||
| Lyft IncNOTE 1.500% 5/1 · shares +4.9% · price +3.5% | 1.3% | $102.1M | — | ||||||||
| Crh PlcORD · shares −30% · price +26.4% | 1.3% | $100.7M | +$21.0M | ||||||||
| OktaCALLCL A · shares +118% | 1.3% | $98.6M | — | ||||||||
| Confluent IncNOTE 1/1 · shares +21% · price +2.3% | 1.3% | $95.6M | — | ||||||||
| Unity Software IncNOTE 11/1 · shares +30% · price +5.0% | 1.2% | $93.0M | — | ||||||||
| WolfspeedNOTE 1.875%12/0 · shares New | 1.2% | $91.5M | — | ||||||||
| American Eqty Invt Life HldCOM · shares +23% · price +4.0% | 1.2% | $91.4M | +$2.9M | ||||||||
| Total · 209 positions | 100% | $7.65B | +$167.7M |
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 2023 to Q4 2023: 69 stocks held throughout, up $167.7M (+10.5%).
- Aercap Holdings Nv+$21.6M+19%
- Crh Plc+$21.0M+26%
- Novo-Nordisk A S+$19.1M+14%
- Amazon+$13.8M+20%
- Uber+$10.8M+34%
- Aptiv Plc−$523,081−9%
- Sanofi−$840,650−7%
- Interactive Brokers Group In−$926,459−4%
- Jacobs Solutions Inc−$1.3M−5%
- Liberty Broadband Corp−$14.9M−12%
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 ↗ |