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Soros funds sold AMZN and LNKD, bought AAPL and C
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Soros funds sold AMZN and LNKD, bought AAPL and C# Stock
p*r
1
SAN FRANCISCO (MarketWatch) -- Soros Fund Management LLC, run by billionaire
investor George Soros, reported Thursday it cut its stakes in the SPDR Gold
Trust GLD -0.44% , General Motors GM -3.21% and General Electric GE +0.09%
, according to a 13-F that listed his fund's stock holdings as of Dec. 31.
The Soros fund sold all 1.1 million LinkedIn LNKD +2.30% shares and 260,000
shares of Amazon.com AMZN -0.09% it had previously reported owning as of
Sept. 30, along with 2.5 million Groupon GRPN +6.73% shares. By the end of
2012, the fund had also exited positions in Qualcomm QCOM +0.12% and Kinross
Gold Corp. KGC +5.58% . The filing showed Soros reported fresh stakes in
ADT Corp. ADT -1.41% , Arch Coal ACI +4.93% and Costco COST +0.38% during
the fourth quarter. Meanwhile, the fund bolstered its positions in Apple
AAPL -0.09% , Citigroup C +0.73% , and Angie's List ANGI +23.79% .
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p*r
2
No wonder C keeps going up. I have to keep moving up my C calls to higher
strike price.
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p*r
3
His fund missed LNKD big run.
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