13F filer · CIK 1029160 ↗
Soros Fund Management
You are looking at Q3 2025. See the latest, Q2 2026 →
Reported value
$7.02B
−12% on the quarter before
Positions
184
78 new · 96 sold out
Top 10
31.2%
of the value
Est. gain
+$73.2M
on stocks held all quarter
Est. return
+3.3%
on those stocks since Q2 2025
Positions as of Sep 30, 2025, 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, 53% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2025. Striped tiles are options.
Largest buys
Since Q2 2025, 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.
- Amazon~$404.7MAdded · 1.1% → 7.0%+1,843,329 shares
- Invesco Exchange Traded Fd T~$157.4MNew · 0.0% → 2.2%+829,615 shares
- Alphabet~$153.5MAdded · 0.1% → 2.3%+631,397 shares
- Ford Mtr Co~$137.7MNew · 0.0% → 2.0%+135,788,000 shares
- Vaneck ETF TrustPUT~$101.2MNew · 0.0% → 1.4%+310,000 underlying
- Kraneshares TrustCALL~$100.8MNew · 0.0% → 1.4%+2,400,000 underlying
- Ishares TrCALL~$89.4MNew · 0.0% → 1.3%+1,000,000 underlying
- Apple~$83.7MAdded · 0.1% → 1.3%+328,605 shares
- Figure Technology Solutio~$81.2MNew · 0.0% → 1.2%+2,233,482 shares
- Walt Disney Company (The)~$75.1MNew · 0.0% → 1.1%+655,705 shares
Largest sells
Since Q2 2025, 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.
- First SolarCALL~$339.2MCut · 3.4% → 0.3%−1,538,200 underlying
- SPDR S&P 500 ETF TrPUT~$232.2MCut · 4.2% → 1.8%−348,500 underlying
- Ishares TrPUT~$226.6MSold out · 2.8% → 0.0%−1,050,000 underlying
- Invesco Qqq TrCALL~$220.7MSold out · 2.8% → 0.0%−400,000 underlying
- Liberty Broadband Corp~$141.7MSold out · 1.8% → 0.0%−1,440,391 shares
- DigitalOcean~$129.6MCut · 2.0% → 0.4%−137,152,000 shares
- Sunrun IncCALL~$125.4MCut · 1.0% → 0.6%−7,250,000 underlying
- Select Sector SPDR TrPUT~$113.4MSold out · 1.4% → 0.0%−1,400,000 underlying
- Select Sector SPDR TrPUT~$103.3MSold out · 1.3% → 0.0%−700,000 underlying
- Aercap Holdings Nv~$95.5MSold out · 1.2% → 0.0%−816,489 shares
Holdings
As of Sep 30, 2025. Changes are in shares against Jun 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AmazonCOM · shares +481% · price +0.1% | 7.0% | $488.8M | +$68,914 | ||||||||
| Smurfit Westrock PlcSHS · shares +3.6% · price −1.3% | 4.7% | $329.8M | −$4.3M | ||||||||
| Spotify Usa IncNOTE 3/1 · shares +30% · price −9.6% | 3.6% | $253.1M | — | ||||||||
| Global Pmts IncNOTE 1.500% 3/0 · shares +17% · price +2.1% | 3.1% | $214.6M | — | ||||||||
| AlphabetCAP STK CL A · shares +2,341% · price +37.9% | 2.3% | $160.0M | +$1.8M | ||||||||
| Pg&E CorpNOTE 4.250%12/0 · shares −4.8% · price +2.0% | 2.3% | $159.0M | — | ||||||||
| Invesco Exchange Traded Fd TS&P500 EQL WGT · shares New | 2.2% | $157.4M | — | ||||||||
| Rivian Automotive IncNOTE 4.625% 3/1 · shares 0% · price +1.9% | 2.2% | $154.2M | — | ||||||||
| Ford Mtr CoNOTE 3/1 · shares New | 2.0% | $137.7M | — | ||||||||
| Ishares TrCALLCHINA LG-CAP ETF · shares +115% | 1.9% | $132.7M | — | ||||||||
| SPDR S&P 500 ETF TrPUTTR UNIT · shares −65% | 1.8% | $125.9M | — | ||||||||
| Tko Group Holdings IncCL A · shares +85% · price +11.0% | 1.8% | $125.2M | +$6.7M | ||||||||
| Flutter Entmt PlcSHS · shares +0.06% · price −11.1% | 1.8% | $124.6M | −$15.6M | ||||||||
| Dropbox IncNOTE 3/0 · shares 0% · price −0.2% | 1.7% | $122.4M | — | ||||||||
| CenterPoint EnergyNOTE 4.250% 8/1 · shares −27% · price +2.4% | 1.6% | $111.1M | — | ||||||||
| SalesforceCOM · shares +19% · price −13.1% | 1.6% | $109.9M | −$13.9M | ||||||||
| Interactive Brokers Group InCOM CL A · shares −29% · price +24.2% | 1.6% | $109.0M | +$21.2M | ||||||||
| NvidiaCOM · shares +1.4% · price +18.1% | 1.5% | $102.2M | +$15.4M | ||||||||
| Vaneck ETF TrustPUTSEMICONDUCTR ETF · shares New | 1.4% | $101.2M | — | ||||||||
| Kraneshares TrustCALLCSI CHI INTERNET · shares New | 1.4% | $100.8M | — | ||||||||
| Dropbox IncNOTE 3/0 · shares 0% · price +1.9% | 1.4% | $95.6M | — | ||||||||
| Southern CompanyNOTE 4.500% 6/1 · shares +9.7% · price +1.2% | 1.3% | $94.0M | — | ||||||||
| Confluent IncNOTE 1/1 · shares 0% · price +0.9% | 1.3% | $89.6M | — | ||||||||
| Ishares TrCALL20 YR TR BD ETF · shares New | 1.3% | $89.4M | — | ||||||||
| AppleCOM · shares +1,555% · price +24.1% | 1.3% | $89.1M | +$1.0M | ||||||||
| Total · 184 positions | 100% | $7.02B | +$73.2M |
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 Q2 2025 to Q3 2025: 81 stocks held throughout, up $73.2M (+3.3%).
- Interactive Brokers Group In+$21.2M+24%
- Pony Ai Inc+$19.3M+70%
- Nvidia+$15.4M+18%
- Somnigroup International Inc+$10.2M+24%
- Karman Hldgs Inc+$8.0M+43%
- Aramark−$5.4M−8%
- Corebridge Finl Inc−$5.8M−10%
- Circle−$9.9M−27%
- Salesforce−$13.9M−13%
- Flutter Entmt Plc−$15.6M−11%
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 ↗ |