Soros Fund ramps up Intel stake to over $340 million in third quarter
INTC•Soros Fund Management raised its Intel position to 2.83 million shares valued at $340.3 million in the third quarter, from 100,000 shares at the end of June, a regulatory filing showed.
1. Intel stake increases
Soros Fund Management built a 2.83 million-share Intel position valued at $340.3 million in the third quarter, up from 100,000 shares at the end of June, a regulatory filing showed. The fund also cut its Apple stake by 25.7% to 393,680 shares and its ON Semiconductor stake by 92.7% to 16,594 shares.
2. Portfolio disclosure
The disclosures were made through 13F filings, which show investment firms’ portfolios and are released with a delay.
