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Eighty-year-old George Soros is a Hungarian-American hedge fund manager who became known as "the Man Who Broke the Bank of England" after he made $1 billion in 1992. Soros graduated from the London School of Economics in 1952. After graduation, he started his career in the London merchant bank of Singer & Friedlander. In 1956, he moved to New York City and his career took off. He earned large profits from investments and currency speculation. According to Forbes, he is ranked 35th on the list of the world's richest people, with an estimated net worth of $14.2 billion.

Soros returned an average of 30.5% per year between 1969 and 2000. In 2007, Soros came back from retirement after the quant liquidity crunch and managed to generate a 32% return for the year. Soros even managed to return 8% in 2008, the worst year for most hedge funds. Soros also returned 29% in 2009, earning $3.3 billion in fees and investment gains.

Below we compiled a list of stocks that Soros has been holding for the past two years. These are Soros’ holdings with at least $10 million invested at the end of September.

CompanyName

Ticker

Value

MOTOROLA SOLUTIONS

MSI

276387

AMAZON.COM INC

AMZN

44548

DISH NETWORK

DISH

34193

APPLE INC

AAPL

31809

ACACIA RESEARCH CORP

ACTG

27717

DIRECTV

DTV

16971

PFIZER INC

PFE

11787

KRAFT FOODS INC

KFT

11102

AT&T INC

T

10800

Motorola Solutions Inc. (MSI) is Soros’ largest position at the end of September. Soros used to have Motorola in his portfolio before the split at the beginning of this year. MSI has a market cap of $15.23 billion and a P/E ratio of 12.65. Soros increased his holdings by 16% and disclosed to own $276 million of MSI at the end of September. The stock returned 11.74% so far in the fourth quarter, which is close to the market performance. Steven Cohen and Ken Griffin are other star hedge fund managers with MSI positions.

Amazon (AMZN) is the second largest long-term holding of George Soros. AMZN has a market cap of $89 billion and a P/E ratio of 103. Soros reported to hold $44.5 million worth of AMZN. Ken Fisher also had $547 million invested in AMZN. However, the stock lost 11.21% since the end of September. Soros had around $11 million invested in each of T and KFT. KFT gained 8.73% since the end of September, underperforming the market by 2.85%. Warren Buffet had more than $3 billion invested in KFT shares by the end of the third quarter. Ken Griffin and Steven Cohen are also bullish about both AMZN and KFT.

Soros also increased his position in Apple Inc. (AAPL) by 18% during the third quarter. AAPL has a market cap of $361.62 billion. Soros reported to own nearly $32 million of AAPL at the end of September. The stock gained 2.53% so far in the fourth quarter, underperforming the market by 9.06%. The Company reported third quarter revenue of $28.57 billion and net profit of $7.31 billion, compared to revenue of $15.70 billion and net profit of $3.25 billion in the year-ago quarter. Gross margin was 41.7 percent compared to 39.1 percent in the year-ago quarter. AAPL had a high profit margin and had net cash of $25.95 billion with no debt on the balance sheet. The P/E ratio of 14.06 is not high for such a great business. Ken Griffin had billions invested in AAPL stock and options. D.E Shaw, Jim Simons and Bill Miller are also bullish about AAPL.

Another stock that Soros is increasing his stakes of is Pfizer Inc. (PFE). It has a market cap of $157.35 billion and a P/E ratio of 14.22. Soros had $11.8 million invested in PFE at the end of the third quarter. The stock gained 16.97% so far in the fourth quarter, outperforming the market by 5.38%. Ken Fisher had $389 million invested in PFE at the end of September. Steven Cohen, D.E. Shaw and Bill Miller also had large amount of shares invested in PFE.

Other Soros’ large positions that he had held for at least two years include Dish Network Corp. (DISH), Acacia Research Corp. (ACTG), and DIRECTV (DTV). Since the end of September, DISH returned 14.6% and DTV returned 11.66%, outperforming the market, while ACTG underperformed the market with a loss of 5.36%.

Source: Billionaire George Soros's Long-Term Stock Picks