George Soros' Q2 2023 Investment Moves: A Deep Dive

GuruFocus.com2023-08-16

George Soros (Trades, Portfolio), the renowned financier and chair of Soros Fund Management LLC, recently disclosed his firm's portfolio for the second quarter of 2023. Born in Budapest in 1930, Soros...

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Born in Budapest in 1930, Soros...</p>\n\n<a href=\"https://finance.yahoo.com/news/george-soros-q2-2023-investment-200643116.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4589","symbol_name":"SVB概念","start_time":0,"source_url":"https://finance.yahoo.com/news/george-soros-q2-2023-investment-200643116.html","article_id":"2359840011","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/C8qbRSy6UAJQ6MMox9HG_g--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/90d22c1cc010da21301ab030b4505282"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2359840011","pubTimestamp":1692130003,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"George Soros , the renowned financier and chair of Soros Fund Management LLC, recently disclosed his firm's portfolio for the second quarter of 2023. Born in Budapest in 1930, Soros is one of history's most successful financiers, and his views on investing and economic issues are widely followed. He established the Quantum Group of Funds hedge fund in 1973, which famously shorted the British Pound in 1992. In 2011, Soros converted his hedge fund into a family investment office, with Soros Fund Management serving as the advisor to the fund.GuruFocus has detected 3 Warning Sign with FHN. Click here to check it out.As of June 30, 2023, Soros' portfolio contained 135 stocks with a total value of $4.13 billion. The top holdings were LQD , HZNP , and GOOGL .The following were Soros' top three trades of the quarter:. iShares iBoxx USD Investment Grade Corporate Bond ETF . In conclusion, Soros' Q2 2023 portfolio reflects his firm's strategic investment decisions, with a focus on both equity an","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4589":"SVB概念","BK4561":"索罗斯持仓","BK4585":"ETF&股票定投概念","LQD":"债券指数ETF-iShares iBoxx投资级公司债","PDCE":"PDC Energy","MMAT":"Meta Materials Inc.","BK4211":"区域性银行","BK4550":"红杉资本持仓","BK4588":"碎股","BK4504":"桥水持仓","BK4213":"石油与天然气的勘探与生产","BK4141":"半导体产品","FHN":"第一地平线银行"},"translate_title":"乔治·索罗斯的Q2 2023投资举措：深度跳水","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FHN":1,"LQD":1,"MMAT":1,"PDCE":0.9},"content_text":"George Soros (Trades, Portfolio), the renowned financier and chair of Soros Fund Management LLC, recently disclosed his firm's portfolio for the second quarter of 2023. Born in Budapest in 1930, Soros is one of history's most successful financiers, and his views on investing and economic issues are widely followed. He established the Quantum Group of Funds hedge fund in 1973, which famously shorted the British Pound in 1992. In 2011, Soros converted his hedge fund into a family investment office, with Soros Fund Management serving as the advisor to the fund.\nOverview of Soros' Q2 2023 Portfolio\n\nWarning! GuruFocus has detected 3 Warning Sign with FHN. Click here to check it out. \nFHN 30-Year Financial Data\nThe intrinsic value of FHN\n\nAs of June 30, 2023, Soros' portfolio contained 135 stocks with a total value of $4.13 billion. The top holdings were LQD (8.31%), HZNP (8.20%), and GOOGL (4.13%).\n\nTop Three Trades of the Quarter\nThe following were Soros' top three trades of the quarter:\nFirst Horizon Corp (NYSE:FHN)\nSoros sold out of his 7,309,487-share investment in First Horizon Corp (NYSE:FHN), which previously held a weight of 3.66% in the portfolio. The shares traded for an average price of $13.47 during the quarter. As of August 15, 2023, FHN had a market cap of $7.21 billion and a stock price of $12.905, reflecting a -42.52% return over the past year. GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 5 out of 10. In terms of valuation, FHN has a price-earnings ratio of 6.83, a price-book ratio of 0.89, a PEG ratio of 8.54, and a price-sales ratio of 2.17.\nPDC Energy Inc (NASDAQ:PDCE)\nSoros established a new position in PDC Energy Inc (NASDAQ:PDCE), purchasing 1,393,467 shares and giving the stock a 2.4% weight in the equity portfolio. The shares traded for an average price of $67.51 during the quarter. As of August 15, 2023, PDCE had a market cap of $6.43 billion and a stock price of $73.85, reflecting a 19.76% return over the past year. GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 7 out of 10. In terms of valuation, PDCE has a price-earnings ratio of 3.69, a price-book ratio of 1.45, an EV-to-Ebitda ratio of 2.41, and a price-sales ratio of 1.75.\niShares iBoxx USD Investment Grade Corporate Bond ETF (LQD)\nDuring the quarter, Soros bought 750,000 shares of iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), bringing his total holding to 3,173,390 shares. This trade had a 1.96% impact on the equity portfolio. The stock traded for an average price of $107.09 during the quarter. As of August 15, 2023, LQD had a market cap of $34.75 billion and a stock price of $104.61, reflecting a -4.76% return over the past year.\nIn conclusion, Soros' Q2 2023 portfolio reflects his firm's strategic investment decisions, with a focus on both equity and corporate bond markets. These moves provide valuable insights into the investment strategies of one of the world's most successful financiers.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2359840011"}