George Soros Is Shorting the S&P 500: Are You?


Feb. 22 2016, Updated 8:06 p.m. ET

Soros is shorting the S&P 500

Soros Fund Management’s 13F filing for 4Q15 reveals that George Soros has been shorting the S&P 500 (SPXS) (VFINX). His top buys in the last quarter include puts on the PowerShares QQQ ETF (QQQ). QQQ tracks stocks in the NASDAQ-100 Index.

Puts on the S&P 500 index tracking the SPDR S&P 500 ETF (SPY) are among the top five holdings of Soros Fund Management. They constitute about 3.4% of his portfolio.

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Bearish on China, Brazil, and Russia

Soros is definitely bearish on China. At Davos, Switzerland, Soros talked about a “hard landing” for China being practically unavoidable. The fact that the Chinese equity-tracking iShares China Large-Cap ETF (FXI) was Soros’s top sell in the fourth quarter of 2015 clearly substantiates his stance on investing in China.

Soros is bearish on all Asian currencies and commodity-producing countries. These would definitely include China, Brazil, and Russia. It seems like Soros is a bear in the market for emerging market funds. Funds tracking these economies have definitely been sliding lately, and Soros chooses to remain clear of them.

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