George Soros Makes a Strategic Move with a 6.25% Stake in Smurfit WestRock PLC

GuruFocus.com11-15

Insights from the Latest 13F Filing for Q3 2024 George Soros (Trades, Portfolio), the renowned financier and chair of Soros Fund Management LLC, has recently disclosed his investment activities for ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483398539?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/iZPQ4tzWhlr0UqGTUKKeOA--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/a506d4adba896397abf16d03a036bf97","is_english":true,"pubTime":"2024-11-15 10:05","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2483398539","market":"us","top_or_hot":-1,"title":"George Soros Makes a Strategic Move with a 6.25% Stake in Smurfit WestRock PLC","media":"GuruFocus.com","content":"<div>\n<p>Insights from the Latest 13F Filing for Q3 2024\nGeorge Soros (Trades, Portfolio), the renowned financier and chair of Soros Fund Management LLC, has recently disclosed his investment activities for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/george-soros-makes-strategic-move-020549089.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>George Soros Makes a Strategic Move with a 6.25% Stake in Smurfit WestRock PLC</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeorge Soros Makes a Strategic Move with a 6.25% Stake in Smurfit WestRock PLC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/george-soros-makes-strategic-move-020549089.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Insights from the Latest 13F Filing for Q3 2024\nGeorge Soros (Trades, Portfolio), the renowned financier and chair of Soros Fund Management LLC, has recently disclosed his investment activities for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/george-soros-makes-strategic-move-020549089.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":"LU1280957306.USD","symbol_name":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/george-soros-makes-strategic-move-020549089.html","article_id":"2483398539","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/iZPQ4tzWhlr0UqGTUKKeOA--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/a506d4adba896397abf16d03a036bf97"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483398539","pubTimestamp":1731636349,"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, has recently disclosed his investment activities for the third quarter of 2024 through the latest 13F filing. Born in 1930 in Budapest, Soros is celebrated for his profound impact on global financial markets. His investment philosophy centers on the concept of \"reflexivity,\" a theory suggesting that market participants' biases can influence market prices and broader economic conditions. This approach has guided Soros to significant success, notably during his speculative attack on the British Pound in 1992. Since converting his hedge fund into a family office in 2011, Soros continues to engage deeply in the financial markets, focusing on the inherent chaos and opportunities within.GuruFocus has detected 6 Warning Sign with SW.iShares Core S&P 500 ETF , comprising 215,000 shares and representing 2.27% of the portfolio, with a total value of $124.02 million.As of the third quarter of 2024, Soros's portfolio inc","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","TQQQ":"纳指三倍做多ETF","OEX":"标普100","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","GFL":"GFL Environmental Holdings Inc.","BK4179":"石油天然气设备与服务","XLF":"金融ETF","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","GPN":"环汇有限公司","LU1920062954.HKD":"FIDELITY FUNDS GLOBAL DIVIDEND PLUS \"A\" (HKDHDG) INC","SH":"标普500反向ETF","IVV":"标普500指数ETF","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","VOO":"Vanguard标普500ETF","UPRO":"三倍做多标普500ETF","SW":"Smurfit WestRock PLC","SSO":"两倍做多标普500ETF","BABA":"阿里巴巴","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","WRK":"Westrock Company","SPXU":"三倍做空标普500ETF","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SQQQ":"纳指三倍做空ETF","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4227":"交易和支付处理服务","OEF":"标普100指数ETF-iShares","BK4575":"芯片概念","SPY":"标普500ETF","LU2063271972.USD":"富兰克林创新领域基金","SDS":"两倍做空标普500ETF","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","CHX":"Championx Corporation","LU0097036916.USD":"贝莱德美国增长A2 USD","QID":"纳指两倍做空ETF","AZN":"阿斯利康","09988":"阿里巴巴-W","MMAT":"Meta Materials Inc.","AER":"Aercap飞机租赁",".IXIC":"NASDAQ Composite","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC",".SPX":"S&P 500 Index"},"translate_title":"乔治·索罗斯(George Soros)采取战略举措，持有Smurfit WestRock plc 6.25%的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLF":1,"WRK":1,"AER":1,"AZN":1,"BABA":1,"MMAT":1,"SPY":1,"GFL":1,"CHX":1,"SW":1,"GPN":0.9,"VOO":0.88,".IXIC":0.66,"QLD":0.6,"OEF":0.6,"OEX":0.6,"PSQ":0.6,"QID":0.6,"SSO":0.6,"SDS":0.6,"SH":0.6,"SPXU":0.6,"UPRO":0.6,"TQQQ":0.6,"SQQQ":0.6,".SPX":0.6,"09988":0.6,"ESmain":0.6,"MNQmain":0.6,"NQmain":0.6,"IVV":0.6},"content_text":"Insights from the Latest 13F Filing for Q3 2024\nGeorge Soros (Trades, Portfolio), the renowned financier and chair of Soros Fund Management LLC, has recently disclosed his investment activities for the third quarter of 2024 through the latest 13F filing. Born in 1930 in Budapest, Soros is celebrated for his profound impact on global financial markets. His investment philosophy centers on the concept of \"reflexivity,\" a theory suggesting that market participants' biases can influence market prices and broader economic conditions. This approach has guided Soros to significant success, notably during his speculative attack on the British Pound in 1992. Since converting his hedge fund into a family office in 2011, Soros continues to engage deeply in the financial markets, focusing on the inherent chaos and opportunities within.\n\nWarning! GuruFocus has detected 6 Warning Sign with SW.\n\n\nSummary of New Buys\nGeorge Soros (Trades, Portfolio) strategically expanded his portfolio by adding 55 new stocks in the third quarter of 2024. Noteworthy new positions include:\n\nSmurfit WestRock PLC (NYSE:SW), with a substantial acquisition of 6,896,971 shares, making up 6.25% of the portfolio and valued at $340.85 million.\niShares Core S&P 500 ETF (IVV), comprising 215,000 shares and representing 2.27% of the portfolio, with a total value of $124.02 million.\nGlobal Payments Inc (NYSE:GPN), holding 460,000 shares, accounting for 0.86% of the portfolio, valued at $47.11 million.\n\nKey Position Increases\nAdditionally, Soros has significantly increased his stakes in several existing holdings:\n\nFinancial Select Sector SPDR (XLF), with an additional 2,787,730 shares, bringing the total to 2,800,000 shares. This adjustment marks a 22,719.89% increase in share count and impacts the portfolio by 2.32%, with a total value of $126.90 million.\nGFL Environmental Inc (NYSE:GFL), with an additional 2,618,589 shares, bringing the total to 3,156,327 shares. This represents a 486.96% increase in share count, valued at $125.87 million.\n\nSummary of Sold Out Positions\nIn the third quarter of 2024, Soros completely exited 54 positions, including:\n\nSPDR S&P 500 ETF Trust (SPY), selling all 450,000 shares, impacting the portfolio by -5.6%.\nWestRock Co (WRK), liquidating all 3,342,953 shares, resulting in a -3.84% portfolio impact.\n\nKey Position Reductions\nSoros also reduced his holdings in several companies:\n\nAlphabet Inc (NASDAQ:GOOGL) was reduced by 397,052 shares, a -43.4% decrease, impacting the portfolio by -1.65%. The stock traded at an average price of $167.74 during the quarter.\nChampionX Corp (NASDAQ:CHX) saw a reduction of 1,667,062 shares, a -67.63% decrease, impacting the portfolio by -1.26%. The stock traded at an average price of $31.58 during the quarter.\n\nPortfolio Overview\nAs of the third quarter of 2024, Soros's portfolio included 154 stocks. The top holdings were 6.25% in Smurfit WestRock PLC (NYSE:SW), 3.79% in AstraZeneca PLC (NASDAQ:AZN), 2.76% in AerCap Holdings NV (NYSE:AER), 2.54% in Alibaba Group Holding Ltd (NYSE:BABA), and 2.33% in Financial Select Sector SPDR (XLF). The investments span across all 11 industries, with significant concentrations in sectors such as Consumer Cyclical, Healthcare, and Technology.\n\n\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.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":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0},"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/2483398539"}