George Soros, the legendary investor, is still reaping large profits from his stock market investments at the age of 90. His hedge fund has had an unprecedented performance over the last five decades, with an average return of 33% from 1970 to 2020. During the preceding year, Soros Fund Management produced a 23 percent return, because of its high-growth stocks. George Soros is best known for his 1992 wager against the British pound, which earned him the moniker “the man who ruined the Bank of England.” The 13F portfolio of Soros Fund Management is estimated to be worth $5.3 billion. His 30 current posts were supplemented by 137 new posts created by the family office fund. The most popular investment area was communications. At the end of the first quarter, Amazon.com Inc. was Soros Fund Management’s fourth largest stock holding. Soros’ stake in the world’s largest e-commerce company increased by 1136 percent. The billionaire investor also identified a good entry point in consumer discretionary equities when they fell.
Insider Monkey dug into billionaire George Soros top 10 stock picks. Due to regulatory challenges and concerns about the post-pandemic environment, Baidu, Inc. saw its stock price plummet dramatically in the first quarter. According to billionaire George Soros’ Q1 portfolio, the stock ranks 10th on the list of the best stocks to purchase. Upstart Holdings, Inc., a cloud-based artificial intelligence (AI) lending platform, has seen its stock rise by 300 percent since the beginning of the year. According to billionaire George Soros, the stock ranks 9th on the list of the best stocks to purchase. In the first quarter of 2021, Soros Fund Management increased its position in VICI Properties by 8%. According to billionaire George Soros, the stock ranks eighth on the list of the finest stocks to purchase. The stock of the real estate investment trust has risen by 24% year to date. Activision Blizzard, Inc. is billionaire George Soros’ preferred stock. It is Soros Fund Management’s seventh-largest stock holding. This year, the gaming company lagged the overall market index. The family office fund increased its holdings in Google by 252 percent to 69,005 shares or 2.67 percent of the whole portfolio. Alphabet Inc.’s stock has risen about 36% in the last year. For more details, click 10 Best Stocks to Buy Now According to Billionaire George Soros.
