What Were George Soros’s Top Buys in 4Q17?



George Soros’s recent buying activity

In the previous article, we learned about George Soros’s largest holdings in 4Q17. In this article, we’ll have a look at Soros’s top buys in the same quarter.

Stocks such as Caesars Entertainment (CZR), Overstock.com (OSTK), Caesars Entertainment’s PRN (principal amount on convertible debt securities), Kennedy-Wilson Holdings (KW), and the Alerian MLP ETF (AMLP) remained Soros Fund Management’s top buys in 4Q17. The company increased its holdings in these stocks by 9.0%, 3.6%, 3.1%, 2.4%, and 2.0%, respectively, in the quarter.

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The company’s position in Overstock.com was a fresh one in 4Q17. It represented 3.6% of the company’s portfolio in the quarter. According to its institutional ownership report, Soros Fund Management was the second-largest investor in Overstock.com with 2.4 million shares in 4Q17. Overstock.com has risen 257% in the last year. The broader market S&P 500 Index (SPX-INDEX) has risen 14.7% in the same time period.

In the previous article, we learned that George Soros made a big bet on CZR in 4Q17 and remained the eighth-largest investor in the stock in the quarter. The stock has risen 43.5% in the last year, and it remained Soros’s largest buy in 4Q17.

For more information, you may be interested in reading Why Ray Dalio Thinks Recession Risk Is Rising.


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