Soros Fund Cuts Alphabet Stake to 2.3%, Holds $200M in Shares
Soros Fund reduced its Alphabet stake to 639,000 shares valued at $200 million, representing 2.3% of its portfolio after a trim. The fund boosted Amazon to 2.36 million shares ($544 million) and raised Nvidia and TSMC holdings to $124 million and $106 million respectively.
1. Soros Fund's Alphabet Stake
Soros Fund reduced its position in Alphabet to 639,000 shares, valuing the holding at approximately $200 million and accounting for 2.3% of total assets. The slight trim follows a challenging year where the fund underperformed the S&P 500 by over 18 percentage points.
2. Increased Big Tech Exposure
While trimming Alphabet, the fund intensified its focus on other technology leaders, upping its Amazon stake to 2.36 million shares ($544 million) and expanding Nvidia and TSMC positions to $124 million and $106 million respectively. These adjustments underscore a strategic bet on AI and semiconductor growth.
3. Strategic Implications
Maintaining Alphabet as a core position despite the reduction signals confidence in the company’s long-term outlook. The fund’s reshuffling toward larger stakes in AI and chip manufacturers may also reflect an expectation of sustained demand for cloud computing and advanced semiconductors.