J - Soros Fund Management takes new stake in ATVI; exits RIVN MBLY

2023-11-14 17:35:54 ET

George Soros's Soros Fund Management reduced its weighting in consumer discretionary stocks by more than any other industry during Q3, exiting its stakes in Rivian Automotive ( NASDAQ: RIVN ) and Mobileye Global ( NASDAQ: MBLY ), according to the hedge fund's 13F filing on Tuesday.

The firm boosted its positions in AerCap Holdings N.V. ( NYSE: AER ) to 1.86M shares from 841.2K shares, Jacobs Solutions ( NYSE: J ) to 197.1K shares from 25.9K shares, and Cboe Global Markets ( BATS: CBOE ) to 331.8K shares from 262.8K shares.

It trimmed its holdings in RenaissanceRe Holdings ( NYSE: RNR ) to 111.3K from 186.6K, T-Mobile US ( NASDAQ: TMUS ) to 28.5K from 86.5K, and Fortive ( NYSE: FTV ) to 62.7K from 158.2K, the filing showed.

One of its new stakes was Activision Blizzard ( ATVI ), with 3M shares.

More on 13F Filings

• David Tepper's Appaloosa exits Apple, Marvell, Broadcom in Q3
• Michael Burry closes out broad market shorts, bets against semis
• Ray Dalio's Bridgewater boosts stakes in 3M, Best Buy, exits Apple, Shopify

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