Labeled as "one of history's most successful financiers,"
legendary Guru George Soros has updated his Soros Fund
Management LLC hedge fund portfolio with a total of 167
transactions:
| Adds to Current Shares | 32 |
| New Buys | 63 |
| Reductions to Current Shares | 15 |
| Sold Out | 57 |
As of the end of the third quarter, Soros Fund Management's stock
lineup totals 160, a total value of about $6.2 billion, and a
quarter-over-quarter turnover rate of 53%.
Currently, Soros'
top holdings are:
- American International Group Inc. ( AIG ) representing 8%
of his portfolio, which is .93% of shares outstanding.
- Adecoagro SA ( AGRO ) representing
4.2% of his portfolio, which is 21.5% of shares outstanding.
- General Electric Co. ( GE ) representing 3.8%
of his portfolio, which is .10% of shares outstanding.
- SPRD Gold Trust - exchange-traded fund ( GLD ) representing 3.7%
of his portfolio, which is 0.3% of shares outstanding.
- NetApp Inc. ( NTAP ) representing
3.2% of his portfolio, which is 1.66% of shares outstanding.
Consumer services, financials and technology make up the largest
sectors among his stocks, as seen in the group's
sector weightings below:
| Consumer Services | 21.10% |
| Financials | 14.20% |
| Technology | 13.60% |
| Basic Materials | 11.20% |
| Consumer Goods | 8% |
| Oil & Gas | 7% |
| Health Care | 6.60% |
| Insdustrials | 6.20% |
| Utitlities | 1.30% |
| Not Assigned | 1.30% |
| Telecom | 0.20% |
Out of all the transactions reported from the third quarter,
Soros' share increases to Johnson & Johnson (
JNJ ) and CF Industries
Holdings Inc. (
CF )
created the most impact to his portfolio.
Soros' reduction to his stake in Wal-Mart Stores Inc. (
WMT ) trails in third
place in terms of impact.
Johnson & Johnson ( JNJ )
Soros' 1557.29% increase to his Johnson & Johnson stake
created an impact to his portfolio of almost 3% in the third
quarter.
Soros has had tiny share amounts of the stock in the past, even
selling all his shares completely on two separate occasions. In the
second quarter of this year, he reported to owning 155,000 shares.
After this latest transaction, Soros has boosted his shareholding
to 2,568,800 shares, which represents 0.09% shares outstanding.
With a market cap of $192.67 billion, consumer products
manufacturer Johnson & Johnson has had steady revenue growth in
the past 10 years, expanding at a rate of 8.3 percent.
Johnson & Johnson ranks 2.5 stars in
Business
Predictability .
Its two Severe Warning signs denote a declining operating margin
and an asset growth faster than revenue. On the other hand, its
three Good Signs reveal a consistent revenue growth, a dividend
yield close to its five-year high and a P/E ratio close to a
10-year low.
Trading at an all-time high in 10 years, Johnson & Johnson has
a market price of $68.82 per shares.
JNJ data by
GuruFocus.com
While Soros may have grew in his Johnson & Johnson stake in
the third quarter, a slew of Gurus have made reductions to their
stockholding in the same quarter, including Paul Tudor Jones, Jim
Simons, Prem Watsa, Warren Buffett and Steven Cohen, to name a few.
View other Gurus' holding history of Johnson & Johnson here.
Read more about Johnson & Johnson's financial standings in
10-Year Financials.
CF Industries Holdings Inc. ( CF )
Soros' purchase of more shares of CF Industries Holdings Inc. (
CF ) in the third
quarter accounted for a 2.54 percent impact to his portfolio, and
brings his current shareholding to 770,137 shares.
Soros has completely sold out his shares of the stock in four
separate occasions in the last five years. In the second quarter of
this year, he only reported about 70,500 shares of CF Industries.
With a market cap of $12.29 billion, CF Industries is a large
fertilizer manufacturer that only became a public company in 2005.
Headquartered in Deerfield, Ill., it operates in the U.S. Central,
Southern and Midwest regions, as well as operations in Canada, the
UK and The Republic of Trinidad and Tobago.
CF industries has a solid Profitability and Growth rank of 9 out
of 10, with a dividend yield close to a three-year high and a P/E
ratio close to a 10-year low. Its free cash flow growth trend line
seems to be in an uphill climb, which places control over the
company's long-term debt.
CF data by
GuruFocus.com
CF Industries is currently trading at $184.80 per share, and has a
P/E (ttm) ratio of 7.4, a P/S ratio of 2.3 and a P/B ratio of 2.3.
View its 10-Year Financials to see more of where it stands
financially.
To read more about George Soros, view GuruFocus article archives.
Also view the rest of his third quarter updates, as well as his
undervalued stocks, top growth companies and high yield
stocks.About GuruFocus: GuruFocus.com tracks the stocks picks and
portfolio holdings of the world's best investors. This value
investing site offers stock screeners and valuation tools. And
publishes daily articles tracking the latest moves of the world's
best investors. GuruFocus also provides promising stock ideas in 3
monthly newsletters sent to
Premium Members .