)' Soros Fund Management LLC selected 77 new stocks for their $11.8
billion portfolio, which calculates to 30% quarter-over-quarter
turnover in the total count of 237 long positions.
However, Soros may not be so optimistic about the direction of the
market in the near future. The seasoned market reader on Friday
revealed owning 7,090,000 "puts" on the S&P 500 SPDR ETF - a
bet that the market will go down. The position is sized at 11.1% of
his portfolio, making it his largest holding. He hedged the
position with a further 405,000 "calls" on the S&P, indicating
he is overall bullish on the market.
Soros also made several sizable long investments in U.S. companies,
the largest of which are Essent Group Ltd. (
), JPMorgan Chase & Co. (
), Leucadia National Corp. (
), Citigroup Inc. (
) and Barrick Gold Corp. (
Essent Group Ltd. (
Soros bought 7,548,618 shares of Essent Group Ltd., a 1.5%
portfolio position. The stock's fourth quarter share price average
was $22 per share.
Essent Group Ltd. has a market cap of $2.19 billion; its shares
were traded at around $25.15 with and P/S ratio of 20.40.
JPMorgan Chase & Co. (
Soros bought 2,841,233 shares of JPMorgan Chase & Co., a 1.4%
portfolio position. The fourth quarter average price was $55.
JPMorgan Chase & Co. is incorporated under Delaware law in
1968. JPMorgan Chase & Co. has a market cap of $216.45 billion;
its shares were traded at around $57.58 with a P/E ratio of 13.00
and P/S ratio of 2.30. The dividend yield of JPMorgan Chase &
Co. stocks is 2.50%. JPMorgan Chase & Co. had an annual average
earnings growth of 6.0% over the past 10 years. GuruFocus rated
JPMorgan Chase & Co. the business predictability rank of
Leucadia National Corp. (
Soros purchase of Leucadia was 4,282,343 shares, and 1% of the
portfolio. Its average fourth quarter price was $28 per share.
Leucadia National Corp. is a New York corporation organized in
1968. Leucadia National Corp. has a market cap of $10.13 billion;
its shares were traded at around $27.80 with a P/E ratio of 9.10
and P/S ratio of 0.80. The dividend yield of Leucadia National
Corp. stocks is 0.90%.
Citigroup Inc. (
Soros bought 2,283,813 shares of Citigroup, sized at 1% of the
portfolio. The fourth quarter average price was $51.
Citigroup Inc. was incorporated in 1988 under the laws of the State
of Delaware. Citigroup Inc. has a market cap of $145.98 billion;
its shares were traded at around $48.13 with a P/E ratio of 12.20
and P/S ratio of 1.90. The dividend yield of Citigroup Inc. stocks
Barrick Gold Corp. (
Soros bought 111,071 shares of Barrick Gold Corp., a 0.94%
portfolio position. Shares cost $18 on average in the fourth
Barrick Gold Corp. produces and sells gold and copper. Barrick Gold
Corp. has a market cap of $24.43 billion; its shares were traded at
around $20.98 with and P/S ratio of 1.40. The dividend yield of
Barrick Gold Corp. stocks is 2.50%.
Check out more George Soros (Trades, Portfolio) stocks in his
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