13F filer · CIK 1029160 ↗
Soros Fund Management
You are looking at Q1 2026. See the latest, Q2 2026 →
Reported value
$9.12B
+5.7% on the quarter before
Positions
263
117 new · 98 sold out
Top 10
31.7%
of the value
Est. gain
−$243.4M
on stocks held all quarter
Est. return
−7.4%
on those stocks since Q4 2025
Positions as of Mar 31, 2026, 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, 52% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2025. Striped tiles are options.
Largest buys
Since Q4 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.
- State Str SPDR S&P 500 ETF TPUT~$675.3MAdded · 1.2% → 8.5%+1,038,400 underlying
- Linde plc~$128.9MNew · 0.0% → 1.4%+259,926 shares
- TSMCPUT~$126.7MNew · 0.0% → 1.4%+375,000 underlying
- Electronic Arts Inc~$109.6MAdded · 1.0% → 2.2%+537,391 shares
- JD.com~$109.0MAdded · 0.5% → 1.6%+109,158,000 shares
- Bill Holdings Inc~$106.1MAdded · 1.0% → 2.0%+119,294,000 shares
- BlackLine~$94.9MNew · 0.0% → 1.0%+101,000,000 shares
- Sealed Air Corp New~$93.8MAdded · 0.3% → 1.3%+2,230,825 shares
- Lumentum~$87.7MAdded · 0.2% → 1.3%+16,378,000 shares
- CoreWeavePUT~$86.8MAdded · 1.4% → 2.4%+1,120,000 underlying
Largest sells
Since Q4 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.
- SPDR Series TrustPUT~$380.7MCut · 4.8% → 2.4%−2,093,800 underlying
- Spotify Usa Inc~$221.2MSold out · 2.6% → 0.0%−194,500,000 shares
- Confluent Inc~$160.8MSold out · 1.9% → 0.0%−164,927,000 shares
- Dropbox Inc~$137.6MSold out · 1.6% → 0.0%−138,750,000 shares
- Dayforce Inc~$103.0MSold out · 1.2% → 0.0%−1,489,221 shares
- Exact Sciences Corp~$87.7MSold out · 1.0% → 0.0%−864,009 shares
- Cyberark Software Ltd~$87.5MSold out · 1.0% → 0.0%−196,092 shares
- Amazon~$86.2MCut · 6.3% → 4.4%−413,783 shares
- Vaneck ETF TrustPUT~$86.1MCut · 1.2% → 0.3%−224,700 underlying
- New Gold Inc Cda~$84.4MSold out · 1.0% → 0.0%−9,691,998 shares
Holdings
As of Mar 31, 2026. Changes are in shares against Dec 31, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| State Str SPDR S&P 500 ETF TPUTTR UNIT · shares +692% | 8.5% | $772.9M | — | ||||||||
| AmazonCOM · shares −18% · price −9.8% | 4.4% | $405.2M | −$43.9M | ||||||||
| Select Sector SPDR TrPUTSTATE STREET ENE · shares +36% | 3.3% | $303.1M | — | ||||||||
| CoreWeavePUTCOM CL A · shares +65% | 2.4% | $220.0M | — | ||||||||
| Global PaymentsNOTE 1.500% 3/0 · shares +27% · price −1.9% | 2.4% | $218.2M | — | ||||||||
| SPDR Series TrustPUTSTATE STREET SPD · shares −64% | 2.4% | $217.6M | — | ||||||||
| Electronic Arts IncCOM · shares +125% · price −0.2% | 2.2% | $196.9M | −$197,065 | ||||||||
| NvidiaCOM · shares +61% · price −6.5% | 2.1% | $187.2M | −$8.1M | ||||||||
| Bill Holdings IncNOTE 4/0 · shares +132% · price −3.5% | 2.0% | $186.6M | — | ||||||||
| PG&E CorporationNOTE 4.250%12/0 · shares +31% · price +0.7% | 2.0% | $181.6M | — | ||||||||
| TSMCSPONSORED ADS · shares +49% · price +11.2% | 1.9% | $176.5M | +$11.9M | ||||||||
| AlphabetCAP STK CL A · shares −10% · price −8.1% | 1.8% | $165.0M | −$14.6M | ||||||||
| Jazz Investments I LtdNOTE 2.000% 6/1 · shares −13% · price +4.8% | 1.7% | $158.4M | — | ||||||||
| RivianNOTE 4.625% 3/1 · shares 0% · price −14.8% | 1.7% | $153.7M | — | ||||||||
| JD.comNOTE 0.250% 6/0 · shares +266% · price −0.4% | 1.6% | $149.9M | — | ||||||||
| Linde plcSHS · shares New | 1.4% | $128.9M | — | ||||||||
| AppleCOM · shares +20% · price −6.6% | 1.4% | $127.0M | −$7.5M | ||||||||
| TSMCPUTSPONSORED ADS · shares New | 1.4% | $126.7M | — | ||||||||
| TKO Group HoldingsCL A · shares −4.9% · price −3.5% | 1.3% | $121.8M | −$4.4M | ||||||||
| Sealed Air Corp NewCOM · shares +428% · price +1.5% | 1.3% | $115.7M | +$323,004 | ||||||||
| LumentumNOTE 0.500% 6/1 · shares +328% · price +88.7% | 1.3% | $114.5M | — | ||||||||
| Smurfit WestrockSHS · shares +4.9% · price +3.1% | 1.1% | $100.4M | +$2.8M | ||||||||
| DropboxNOTE 3/0 · shares +12% · price −6.0% | 1.1% | $98.2M | — | ||||||||
| Chart Inds IncCOM · shares +65% · price +0.3% | 1.1% | $97.2M | +$148,492 | ||||||||
| BlackLineNOTE 1.000% 6/0 · shares New | 1.0% | $94.9M | — | ||||||||
| Total · 263 positions | 100% | $9.12B | −$243.4M |
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 2025 to Q1 2026: 123 stocks held throughout, down $243.4M (−7.4%).
- TSMC+$11.9M+11%
- Idacorp Inc+$9.5M+13%
- CMS Energy+$7.9M+11%
- Woodward Inc+$5.6M+18%
- Acadian Asset Management Inc+$4.8M+16%
- Microsoft−$24.0M−23%
- Atlassian−$26.9M−58%
- Salesforce−$28.3M−30%
- Kodiak Ai Inc.−$38.9M−36%
- Amazon−$43.9M−10%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 1 split read into the share counts.
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 ↗ |