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 […]
Latest posts by Tom George (see all)
- New Digital Trends In Today’s Smartphone-Obsessed World - September 6, 2016
- 5 Things a Recruiter Looks for in a Resume - August 30, 2016
- Obtaining Legal Immunity for Pet Cohabitation - August 30, 2016