Recent Performance Review Of George Soros' Major Equity Investments

by: Zvi Bar

Soros Fund Management LLC is well-regarded as one of the most successful and high-profile hedge funds, largely due to its long record of performance. George Soros, the fund's high profile and politically influential founder, is considered one of the best living currency and equity investors, with a net worth estimated at over $14 billion.

Soros Fund Management must report its holdings, and made its 13F filing for the third quarter on November 14, 2011. Below is a chart listing the largest equity holdings within Soros Fund Management's most recent 13F. I have also provided the 1-month, 3-month and 6-month share price performance rates for these equities, as well as how far down each is from its 52-week high. Soros Fund Management will likely next release a 13F in the middle of February.

The best-performing listed equities through the second half of 2011 were Westport Innovations (NASDAQ:WPRT) and Apple (NASDAQ:AAPL), with Dish Network (NASDAQ:DISH) also performing well since September, though still down over the last six months. Soros' commodity-based investments, such as Adecoagro (NYSE:AGRO) and Interoil (NYSE:IOC) were among the fund's worst performing equities within 2011, but both began to rebound in Q4, and Interoil actually accumulated 43% over the last three months. Nonetheless, it is still down over 27% from its 52 week high.

Soros' fund made many transactions during the second half 2011, including purchasing 934,200 shares of Motorola Solutions (NYSE:MSI), and now owns just under 6.6 million shares, valued at about $276 million at the end of the third quarter. MSI is the more traditional part of Motorola, having been split from the mobile half, Motorola Mobility (NYSE:MMI), last year. Google (NASDAQ:GOOG) is now attempting to acquire MMI. Of Soros' largest equity holdings, MSI and GOOG are the only two now trading less than five percent off their 52-week highs, with AGRO, IOC, Visteon (NYSE:VC) and (NASDAQ:AMZN) all down more than 25% from their 52-week highs.

George Soros also announced, earlier this year, that he would no longer manage money for others, and will only manage his family's money and that of his close friends.

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

Disclaimer: This article is intended to be informative and should not be construed as personalized advice as it does not take into account your specific situation or objectives.

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