12 Stocks George Soros And Julian Robertson Love

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 |  Includes: AAPL, AMZN, CVC, MA, QCOM, SIRI, SU, TEVA, TWC, V, VRX
by: Insider Monkey

Robertson is a hedge fund legend. Even though he stopped managing money for his clients more than 10 years ago, Robertson is widely followed by investors all over the world. Robertson’s Tiger Management has produced numerous star investors such as Chase Coleman, Lee Ainslie, Stephen Mandel and John Griffin. His apprentices are commonly known as "Tiger cubs." We recently wrote about Julian Robertson’s Tiger Cubs’ performance.

In 1992, George Soros became known as "the Man Who Broke the Bank of England" after he made $1 billion that year. Since the inception of Soros Fund Management until 2000, the hedge fund returned an average of 30.5%. In 2007, George Soros returned to the investment world from his retirement. His investments that year returned 32%. In 2008, he managed to generate 8% while most hedge funds lost extensively. Soros returned 29% and made $3.3 billion in fees and investment gains in 2009. In the second quarter of this year, George Soros reconstructed his portfolio dramatically. We believe George Soros saw the huge market decline coming.

Here are 12 stocks which both George Soros and Julian Robertson held at the end of June 30:

Company

Ticker

Soros (x1000)

Robertson (x1000)

Return

TIME WARNER CABLE

TWC

57986

17387

-16.5%

QUALCOMM INC

QCOM

31274

17026

-6%

APPLE INC

AAPL

23764

35692

16%

CABLEVISION SYSTEMS

CVC

6139

19010

-29%

AMAZON COM INC

AMZN

2606

29315

9%

SIRIUS X M RADIO INC

SIRI

2190

219

-18%

TEVA PHARMACEUTICAL

TEVA

1996

17571

-20%

MASTERCARD INC

MA

1170

24734

12%

VALEANT

VRX

779

25024

-22%

SUNCOR ENERGY

SU

612

2678

-24%

VISA INC

V

345

21579

6.5%

Click to enlarge

The largest holding of Julian Robertson’s current equity portfolio is Apple. At the end of June, Robertson had around $35.7 million invested in the company. He increased his stake in Apple during the second quarter by 31%. George Soros had around $23.8 million invested in Apple at the end of the second quarter. The share price of Apple has gone up by 16% since the end of the second quarter. There are many prominent hedge fund managers who are bullish about Apple. Ken Griffin had more than $2 billion invested in Apple at the end of June (see Ken Griffin’s top picks).

George Soros had around $58 million invested in Time Warner as of June. Before the end of the second quarter, Soros increased his position by 991%. Julian Robertson has a comparatively smaller stake in Time Warner. At the end of June, Robertson had approximately $17.4 million invested in the company. During the second quarter, he reduced his holdings by 15%. The timely reduction minimized his losses. Since the end of June, Time Warner lost 16.5%. Andreas Halvorsen’s Viking Global has the largest position in Time Warner. During the second quarter, he increased his stake in the company by 17% (view Andreas Halvorsen’s favorite stocks).

Julian Robertson’s Tiger Management had $29.3 million invested in Amazon at the end of June. It is the second largest holding of Tiger Management’s latest equity portfolio. During the second quarter, Robertson reduced his stake in Amazon by 5%. George Soros cut his bets in the company by 94% before the end of June. Soros had a minor position in Amazon worth $2.6 million at the end of the second quarter. Since the end of June, Amazon gained 9%. Ken Fisher had $516 million in Amazon at the end of the second quarter. As of June, Fisher has the largest position in Amazon (check out Ken Fisher’s favorite stocks).

Julian Robertson had $18 million in Teva at the end of second quarter. George Soros had a comparatively smaller stake worth slightly less than $2 million at the end of June. TEVA lost 20% since the end of June. Leon Cooperman’s Omega Advisors had $162 million invested in Teva according to the June filings (see billionaire Leon Cooperman’s stock picks).

The top three stocks that these legendary investors are most bullish about had lost marginally since June and managed to beat the SPY by more than 6 percentage points. We believe investors might be able to beat the market by imitating the stocks that investment gurus agree on.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.