Soros Fund Management initiated a new position in Berkshire Hathaway in the first quarter, a strategic move that coincided with Warren Buffett's departure from the CEO role. The fund established this stake as the market viewed it as a vote of confidence in new CEO Greg Abel, who succeeded Buffett following his retirement at the end of 2025.
During the quarter, the total market value of the fund's equity holdings increased by 5.7% to $9.12 billion, contrasting with a 4.6% decline in the S&P 500 index. According to a 13F filing with the SEC, as of March 31, Soros Fund held 133,277 Class B shares of Berkshire Hathaway, valued at approximately $63.9 million. This new position was established after the stock declined 4.7% in the previous quarter, partly due to pressure on its insurance operations, presenting a buying opportunity.
In the technology sector, the fund's adjustments were pronounced. It significantly increased its holdings in NVIDIA and Apple, alongside Taiwan Semiconductor Manufacturing (TSMC), while reducing positions in several other major tech companies.
Specifically, the fund boosted its NVIDIA stake by 61.2% to 1,073,206 shares. Its position in Taiwan Semiconductor Manufacturing grew by 49.3% to 522,318 shares, and its Apple holdings increased by 20.3% to 500,534 shares. A small new position was also initiated in Micron Technology, comprising 2,824 shares.
Conversely, Soros Fund trimmed its holdings in several other tech giants. Its stake in Amazon.com was reduced by 17.5% to 1,945,789 shares. The fund cut its Microsoft position by 19.4% to 211,966 shares and its Alphabet holding by 10.2% to 573,929 shares. A modest reduction of 6.3% was also made to its Tesla Motors position, bringing it to 53,093 shares.
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