Seeking Alpha
Profile| Send Message|
( followers)  

George Soros' firm, Soros Fund Management, just filed a Form 4 with the SEC detailing a transaction in shares of Exar Corp (NYSE:EXAR). Soros has been adding to EXAR recently and they just bought 100,000 additional shares on September 28th at a weighted average price of $5.78. After this purchase, they now own 6,366,666 shares of EXAR.

While Soros Fund Management is a global macro hedge fund, they hold a copious amount of equity positions. When we examined Soros' portfolio in our newsletter, Hedge Fund Wisdom, we highlighted that he holds over 800 stocks, a feat matched by only a handful of other hedge funds. Soros is the author of The Alchemy of Finance.

Taken from Google Finance:

Exar is a fabless semiconductor company that designs, sub-contracts manufacturing and sells differentiated silicon, software and subsystem solutions for industrial, telecom, networking and storage applications. The Company’s product portfolio includes power management and interface components, datacom products, storage optimization solutions, network security and applied service processors.

Disclosure: No positions

Original post

Source: Soros Fund Management Buys More Exar Corp