Soros Fund Management 13F, Q1 2025
George Soros · quarter ending 31 March 2025 · filed 15 May 2025 · SEC CIK 1029160
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 20 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q1 2025
The 25 largest of 189 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| SMURFIT WESTROCK PLC | $308.78M | 5.5% | -3% shares | |
| ASTRAZENECA PLC | AZNN | $201.57M | 3.6% | -13% shares |
| SPDR S&P 500 ETF TR | SPY | $175.54M | 3.1% | +166% shares |
| RIVIAN AUTOMOTIVE INC | RIVN 4.625 03/15/29 | $156.00M | 2.8% | -7% shares |
| DIGITALOCEAN HLDGS INC | DOCN 0 12/01/26 | $155.26M | 2.8% | +16% shares |
| SPOTIFY USA INC | SPOT 0 03/15/26 | $154.54M | 2.8% | new |
| CENTERPOINT ENERGY INC | CNP 4.25 08/15/26 | $148.06M | 2.6% | new |
| GFL ENVIRONMENTAL INC | GFL | $147.02M | 2.6% | -5% shares |
| AERCAP HOLDINGS NV | $130.75M | 2.3% | -14% shares | |
| DROPBOX INC | DBX 0 03/01/26 | $129.50M | 2.3% | unchanged |
| FLUTTER ENTMT PLC | $128.66M | 2.3% | +285% shares | |
| DROPBOX INC | DBX 0 03/01/28 | $98.51M | 1.8% | unchanged |
| AMERICAN ELEC PWR CO INC | AEP | $96.04M | 1.7% | new |
| LIBERTY BROADBAND CORP | LBRDK | $95.25M | 1.7% | unchanged |
| ENTERGY CORP NEW | ETR | $93.64M | 1.7% | new |
| WAYFAIR INC | W 3.25 09/15/27 | $92.22M | 1.6% | +50% shares |
| SALESFORCE INC | CRM | $92.00M | 1.6% | +15% shares |
| MARRIOTT VACATIONS WORLDWIDE | VAC 0 01/15/26 | $90.96M | 1.6% | unchanged |
| AMAZON COM INC | AMZN | $82.50M | 1.5% | +31% shares |
| OKTA INC | $77.62M | 1.4% | unchanged | |
| ALPHABET INC | GOOGL | $76.93M | 1.4% | -63% shares |
| STANDARDAERO INC | SARO | $71.96M | 1.3% | +119% shares |
| RAPID7 INC | RPD 0.25 03/15/27 | $66.36M | 1.2% | +24% shares |
| GOLDMAN SACHS GROUP INC | GS | $66.32M | 1.2% | +524% shares |
| CONFLUENT INC | CFLT 0 01/15/27 | $64.73M | 1.1% | +289% shares |
What changed since Q4 2024
Against the Q4 2024 filing, Soros Fund Management opened 82 new positions, added to 44, trimmed 43, left 20 unchanged and exited 67. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- SPOT 0 03/15/26$154.54M
- CNP 4.25 08/15/26$148.06M
- AEP$96.04M
- ETR$93.64M
- LNT 3.875 03/15/26$64.30M
- PCG 4.25 12/01/27$63.67M
- JPM$56.66M
- TKO$51.61M
and 74 more
Exited
- AKAMAI TECHNOLOGIES INCwas $182.84M
- IWMwas $166.12M
- AJGwas $85.16M
- NET 0 08/15/26was $82.57M
- W 1 08/15/26was $81.09M
- BABAwas $72.07M
- ABNB 0 03/15/26was $58.85M
- NICE LTDwas $45.20M
and 59 more
Other quarters
Source: SEC Form 13F-HR, accession 0000902664-25-002391, filed by SOROS FUND MANAGEMENT LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.