George Soros and his Soros Fund Management released its latest 13F SEC filing on Friday.
Alibaba Group Holding Ltd BABA was a notable new holding. Soros bought 4,400,000 shares, valued at over $390 million.
At Alibaba’s Friday closing price of $115.10, the Soros stake would be valued at $506.4 million.
The firm reduced its stake in Apple Inc. AAPL from 1,833,764 shares to 114,854 shares.
Holdings in Facebook Inc F were cut from 1,841,260 shares to 250,000 shares.
The report also showed Netflix, Inc. NFLX as a new holding at 97,764 shares.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.