Aug 14, 2013

George Soros Picked Up Stakes In Apple, JCPenney, Dumped A Bunch Of Citigroup In Q2
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Written by : Tom George| 0 | Fashion

George Soros

George Soros’ Q2 2013 13F is out — that means we get to see the long positions his family office is holding. Lets get to the stand outs.

Soros picked up 66,800 shares of Apple from nothing. In his previous 13F filing, he had no position in the company.

He also picked up a massive stake in the flailing retailer, JC Penney, 19,986,361 with a call on 500,000 shares. That means he expected the stock to go up. An interesting development considering that, as we know, Bill Ackman is on the board and Ackman and Soros aren’t getting along well these days.

And here’s one reason why — Soros picked up 5,039,175 shares of Herbalife, Bill Ackman’s big short. Ackman filed a suit against Soros with the SEC over that buy, accusing him of breaking insider trading laws.Soros also dumped a bunch of Citigroup stock, unlike David Tepper, who picked up the […]

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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
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Content Curator

Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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