Soros Fund buys Rivian, exits Coupang in Q4 - InvestingChannel

Soros Fund buys Rivian, exits Coupang in Q4

George Soros’ Soros Fund Management disclosed in an SEC filing its holdings as of December 31, 2021. The fund’s 76 new buys during the fourth quarter included, by size of position, Rivian (RIVN), Cerner (CERN), Warby Parker (WRBY), TransDigm (TDG), and Peloton (PTON). Soros exited 57 positions during the quarter, including by size of previous position Vici Properties (VICI), Coupang (CPNG), EQT Corp. (EQT), Energy Select Sector SPDR Fund (XLE), and Hyzon Motors (HYZN). The fund increased its stake in 22 holdings, including by size of previous position IHS Markit (INFO), Aramark (ARMK), Bowlero (BOWL), MGM Growth Properties (MGP), and Opendoor Technologies (OPEN). Soros reduced its stake in 31 holdings, including by size of previous position Invesco QQQ Trust Series 1 (QQQ), Liberty Broadband Corp. Class C (LBRDK), Marqeta (MQ), Figs (FIGS), and Amazon (AMZN). The fund’s top holdings as of December 31, in order of size, were Rivian, Liberty Broadband Corp. Class C, D.R. Horton (DHI), IHS Markit, and Amazon.