George Soros and the three big positions he believes in

George Soros, a legend in the financial world, became famous as the man who "broke" the Bank of England in 1992 when he made a billion dollars betting against the British pound. His name is associated not only with currency speculation, but also with heavy investment in equities.

Soros' portfolio reflects his deep understanding of the markets and his ability to bet on the right horses. In this article, therefore, we look at his recent investment moves, which are once again attracting attention.

Smurfit Westrock $SW: Packaging giant in the spotlight

One of the most notable purchases of the last quarter of Soros' portfolio was Smurfit Westrock. This market leader in sustainable packaging was created by the merger of Smurfit Kappa and Westrock, making it one of the largest paper packaging manufacturers in the world. Soros has significantly increased his stake in the company - from the original 900,000 shares to 3.3 million shares, representing an investment of $168 million. Smurfit Westrock has long-term growth potential, especially with its focus on eco-friendly products, which could be a goldmine in the years to come.

AstraZeneca $AZN-0.7%: Betting on the future of pharma

AZN
$77.62 -$0.56 -0.72%

Another big move was Soros' investment in pharmaceutical giant AstraZeneca. With the purchase of more than 2 million shares, he increased his stake by more than 500%, giving him a position worth $191 million. AstraZeneca is known for its cancer drugs and robust portfolio of drugs in development. Its oncology expansion and strategic acquisitions position it as a key player in the global healthcare industry. Soros sees not only current potential, but also long-term growth, particularly with recently approved drugs for lung cancer and other cancers.

SPDR S&P 500 ETF Trust $SPY-0.2%: A simple but profitable bet

SPY
$571.41 -$0.89 -0.16%

Surprisingly, Soros' largest position is the SPDR S&P 500 ETF Trust, an index fund that tracks the performance of the largest U.S. companies. Despite his reputation as a speculator, Soros is going back to basics with this investment - betting on the U.S. economy as a whole. With 450,000 stocks worth $245 million, he holds this fund as his largest position. For Soros, investing in a broad index is a bet on the steady growth of U.S. companies, an approach that should inspire retail investors as well.

Disclaimer: There is plenty of inspiration to be found on Bulios, but stock selection and portfolio construction is up to you, so always conduct thorough self-analysis.

Source: 247wallst.com.

Read the full article for free?
Go ahead 👇

Do you have an account? Then log in . Or create a new one .

No comments yet
Don't have an account? Join us

Log in to Bulios


Sign.popup.orUseEmailAndPassword
Už jsi členem? Přihlásit se

Create Bulios profile

Continue with

Sign.popup.orUseEmailAndPassword
You can use lowercase letters, numbers, and underscores

Why Bulios?

One of the fastest growing investor communities in Europe

Comprehensive data and information on thousands of stocks from around the world

Current information from global markets and individual companies

sign.popup.registration.listWhy.fourth

Fair prices, portfolio tracker, stock screener and other tools

Timeline Tracker Overview