Great investors · George Soros · Q3 2025
What George Soros bought and sold in Q3 2025
Soros Fund Management 13F portfolio as of Sep 30, 2025: 147 positions worth $4.4 bn. Largest: AMZN, SW, GOOGL, RSP. Filed with the SEC on Nov 14, 2025.
The 13F is filed by Soros Fund Management, not by George Soros personally: these are the whole firm's positions. A “position” is a distinct security in the filing (by CUSIP); share classes of the same company are shown added together.
Buys in Q3 2025
- IncreasedAmazon.comAMZN+9.2 pp
- NewInvesco Exchange Traded Fund TRSP+3.6 pp
- IncreasedAlphabetGOOGL+3.5 pp
- IncreasedAppleAAPL+1.9 pp
- NewWalt DisneyDIS+1.7 pp
- NewSunrunRUN+1.7 pp
- IncreasedTKO Group HoldingsTKO+1.3 pp
- NewCMS EnergyCMS+1.3 pp
- NewMerus+0.9 pp
- IncreasedMicrosoftMSFT+0.8 pp
- IncreasedState Str Spdr S&P 500 ETF TSPY+0.8 pp
- NewIndiviorINDV+0.7 pp
Sells in Q3 2025
- Sold outLiberty BroadbandLBRDK−3.2 pp
- Sold outAerCap HoldingsAER−2.2 pp
- ReducedGFL EnvironmentalGFL−2.1 pp
- ReducedBrown & BrownBRO−2.1 pp
- ReducedEntergyETR−1.6 pp
- ReducedStandardAeroSARO−1.2 pp
- ReducedCRH publicCRH−1.1 pp
- ReducedInteractive Brokers GroupIBKR−1.0 pp
- Sold outJBT MarelJBTM−0.9 pp
- Sold outATIATI−0.7 pp
- ReducedUBER TechnologiesUBER−0.6 pp
- ReducedFirst SolarFSLR−0.6 pp
36 companies with material moves, out of 168 positions with a change. Only moves of 0.5 points of the portfolio or more are listed, measured as “traded weight” (what was bought or sold, excluding price effects). Smaller changes exist and are not listed: a position may have gone up or down without appearing above.
The full 13F, line by line
Soros Fund Management's Q3 2025 13F lists 147 lines of US-listed securities worth $4.4 bn; the largest is AMZN at 11.1% of the portfolio. It was accepted by the SEC on Nov 14, 2025 at 4:20 PM ET.
Against the previous quarter, it opened 64 positions (RSP, FIGR, DIS and RUN and 60 more), closed 49 (LBRDK, AER, JBTM and ATI and 45 more), added to 36 (GOOGL, AMZN, AAPL and COOP and 32 more) and trimmed 34 (IBKR, GFL, ETR and CRH and 30 more). 11 lines show the same number of shares.
| # | Company | Shares | Value | Weight | Change in shares |
|---|---|---|---|---|---|
| 1 | Amazon.com AMZN | 2.2 M | $489M | 11.1% | +481% |
| 2 | Smurfit Westrock SW | 7.7 M | $330M | 7.51% | +3.6% |
| 3 | Alphabet GOOGL | 658,367 | $160M | 3.65% | ×24 |
| 4 | Invesco Exchange Traded Fund T RSP | 829,615 | $157M | 3.59% | new |
| 5 | TKO Group Holdings TKO | 620,007 | $125M | 2.85% | +85% |
| 6 | Flutter Entertainment FLUT | 490,391 | $125M | 2.84% | no change |
| 7 | Salesforce CRM | 463,756 | $110M | 2.50% | +19% |
| 8 | Interactive Brokers Group IBKR | 1.6 M | $109M | 2.48% | −29% |
| 9 | NVIDIA NVDA | 547,703 | $102M | 2.33% | +1.4% |
| 10 | Apple AAPL | 349,736 | $89.1M | 2.03% | ×17 |
| 11 | Aramark ARMK | 2.3 M | $87.2M | 1.99% | +46% |
| 12 | Figure Technology Solutions FIGR | 2.2 M | $81.2M | 1.85% | new |
| 13 | Walt Disney DIS | 655,705 | $75.1M | 1.71% | new |
| 14 | Sunrun RUN | 4.2 M | $73.0M | 1.66% | new |
| 15 | Kodiak AI KDK | 10.0 M | $68.2M | 1.55% | new |
| 16 | State Str Spdr S&P 500 ETF T SPY | 97,778 | $65.1M | 1.48% | +105% |
| 17 | Corebridge Financial CRBG | 2.0 M | $64.3M | 1.46% | +19% |
| 18 | Datadog DDOG | 428,671 | $61.0M | 1.39% | +20% |
| 19 | Snowflake SNOW | 258,133 | $58.2M | 1.33% | −5.6% |
| 20 | CMS Energy CMS | 776,227 | $56.9M | 1.30% | new |
| 21 | Idacorp IDA | 403,943 | $53.4M | 1.22% | no change |
| 22 | Somnigroup International SGI | 625,391 | $52.7M | 1.20% | −1.5% |
| 23 | Microsoft MSFT | 101,743 | $52.7M | 1.20% | +205% |
| 24 | Pony AI PONY | 2.1 M | $46.8M | 1.07% | −2.3% |
| 25 | iShares 7-10 Year Treasury B ETF IEF | 472,599 | $45.6M | 1.04% | −5.5% |
| 26 | BGC Group BGC | 4.4 M | $41.6M | 0.95% | +22% |
| 27 | GFL Environmental GFL | 875,000 | $41.5M | 0.94% | −69% |
| 28 | Commvault Systems CVLT | 217,657 | $41.1M | 0.94% | +142% |
| 29 | Interpublic Group of Companies IPG | 1.5 M | $40.5M | 0.92% | +25% |
| 30 | Merus | 405,000 | $38.1M | 0.87% | new |
| 31 | Taiwan Semiconductor Manufacturing TSM | 136,092 | $38.0M | 0.87% | +8.5% |
| 32 | Brighthouse Financial BHF | 648,116 | $34.4M | 0.78% | −15% |
| 33 | UL Solutions ULS | 479,860 | $34.0M | 0.77% | −37% |
| 34 | Cyber ARK Software CYBR | 67,708 | $32.7M | 0.75% | +33% |
| 35 | Indivior INDV | 1.4 M | $32.6M | 0.74% | new |
| 36 | Entergy ETR | 337,590 | $31.5M | 0.72% | −69% |
| 37 | Dupont De Nemours DD | 400,000 | $31.2M | 0.71% | new |
| 38 | Mr. Cooper Group COOP | 146,456 | $30.9M | 0.70% | +635% |
| 39 | Verona Pharma VRNA | 285,185 | $30.4M | 0.69% | new |
| 40 | Amrize AMRZ | 600,000 | $29.1M | 0.66% | +54% |
| 41 | Ally Financial ALLY | 737,700 | $28.9M | 0.66% | +82% |
| 42 | DoorDash DASH | 105,346 | $28.7M | 0.65% | +75% |
| 43 | SailPoint SAIL | 1.3 M | $28.6M | 0.65% | −4.1% |
| 44 | Circle Internet Group CRCL | 202,465 | $26.8M | 0.61% | −34% |
| 45 | Karman Holdings KRMN | 364,280 | $26.3M | 0.60% | −22% |
| 46 | Sapiens International | 603,291 | $25.9M | 0.59% | new |
| 47 | iShares National Muni Bond E ETF MUB | 241,400 | $25.7M | 0.59% | no change |
| 48 | UBER Technologies UBER | 253,119 | $24.8M | 0.57% | −53% |
| 49 | Accenture ACN | 100,259 | $24.7M | 0.56% | +33% |
| 50 | KKR KKR | 186,607 | $24.2M | 0.55% | −46% |
| 51 | Ishares EMXC | 354,686 | $23.9M | 0.55% | no change |
| 52 | Electronic Arts EA | 110,000 | $22.2M | 0.51% | new |
| 53 | Vimeo VMEO | 2.9 M | $22.1M | 0.50% | new |
| 54 | Acadian Asset Management AAMI | 457,128 | $22.0M | 0.50% | +10% |
| 55 | Steelcase GJB | 1.3 M | $21.8M | 0.50% | new |
| 56 | CRH public CRH | 178,962 | $21.5M | 0.49% | −70% |
| 57 | Honeywell International HON | 100,000 | $21.1M | 0.48% | new |
| 58 | Globe Life GL | 145,500 | $20.8M | 0.47% | +17% |
| 59 | Integral AD Science Holding IAS | 2.0 M | $20.2M | 0.46% | new |
| 60 | EVgo EVGO | 4.0 M | $18.9M | 0.43% | −20% |
| 61 | Old National Bancorp ONB | 855,685 | $18.8M | 0.43% | no change |
| 62 | StandardAero SARO | 686,008 | $18.7M | 0.43% | −74% |
| 63 | CareTrust REIT CTRE | 525,656 | $18.2M | 0.42% | new |
| 64 | Sempra SRE | 190,137 | $17.1M | 0.39% | new |
| 65 | KeyCorp KEY | 880,100 | $16.4M | 0.37% | +14% |
| 66 | UnitedHealth Group UNH | 47,430 | $16.4M | 0.37% | −53% |
| 67 | TPG TPG | 276,460 | $15.9M | 0.36% | −18% |
| 68 | Amer Sports AS | 456,620 | $15.9M | 0.36% | −27% |
| 69 | Sportradar Group SRAD | 585,620 | $15.8M | 0.36% | −42% |
| 70 | Humana HUM | 59,944 | $15.6M | 0.36% | new |
| 71 | Chart Industries | 77,294 | $15.5M | 0.35% | new |
| 72 | Allstate ALL | 70,070 | $15.0M | 0.34% | −1.1% |
| 73 | Stubhub Holdings STUB | 874,415 | $14.7M | 0.34% | new |
| 74 | Zebra Technologies ZBRA | 48,113 | $14.3M | 0.33% | new |
| 75 | Analog Devices ADI | 56,400 | $13.9M | 0.32% | +22% |
| 76 | RadNet RDNT | 178,481 | $13.6M | 0.31% | new |
| 77 | Booking Holdings BKNG | 2,500 | $13.5M | 0.31% | no change |
| 78 | Cantaloupe CTLP | 1.2 M | $13.2M | 0.30% | new |
| 79 | Bullish BLSH | 205,260 | $13.1M | 0.30% | new |
| 80 | Waystar Holding WAY | 337,554 | $12.8M | 0.29% | +1.3% |
| 81 | Vaneck ETF Trust SMH | 37,500 | $12.2M | 0.28% | new |
| 82 | First Solar FSLR | 53,768 | $11.9M | 0.27% | −68% |
| 83 | Applied Materials AMAT | 55,464 | $11.4M | 0.26% | −34% |
| 84 | Synchrony Financial SYF | 158,608 | $11.3M | 0.26% | +38% |
| 85 | Atlassian TEAM | 70,411 | $11.2M | 0.26% | +155% |
| 86 | Mongodb MDB | 35,518 | $11.0M | 0.25% | new |
| 87 | Performant Healthcare | 1.4 M | $10.7M | 0.24% | new |
| 88 | ADT ADT | 1.2 M | $10.6M | 0.24% | +8.3% |
| 89 | NIQ Global Intelligence NIQ | 652,260 | $10.2M | 0.23% | new |
| 90 | Tegna TGNA | 474,500 | $9.6M | 0.22% | new |
| 91 | Galaxy Digital GLXY | 273,800 | $9.3M | 0.21% | −12% |
| 92 | Black Rock Coffee Bar BRCB | 385,960 | $9.2M | 0.21% | new |
| 93 | Smithfield Foods SFD | 368,940 | $8.7M | 0.20% | new |
| 94 | CME Group CME | 30,028 | $8.1M | 0.18% | no change |
| 95 | Hanesbrands HBI | 1.2 M | $7.7M | 0.18% | new |
| 96 | Goldman Sachs Group GS | 9,561 | $7.6M | 0.17% | −54% |
| 97 | Sumisho Air Lease | 113,278 | $7.2M | 0.16% | new |
| 98 | eToro Group ETOR | 165,264 | $6.8M | 0.16% | +3.3% |
| 99 | First Citizens Bancshares FCNCA | 3,724 | $6.7M | 0.15% | −43% |
| 100 | Lazard LAZ | 124,750 | $6.6M | 0.15% | −22% |
The 100 largest lines are shown. The other 47 add up to 3.38% of the portfolio; full 13F of Soros Fund Management →
Positions it closed (49)
- Liberty Broadband LBRDKwas 3.78% · 1.4 M shares
- AerCap Holdings AERwas 2.55% · 816,489 shares
- JBT Marel JBTMwas 1.06% · 330,306 shares
- ATI ATIwas 0.83% · 362,695 shares
- Canadian Pacific Kansas City CPwas 0.64% · 301,837 shares
- Sandisk SNDKwas 0.64% · 526,825 shares
- Primo Brands PRMBwas 0.60% · 759,800 shares
- Kellanova Kwas 0.59% · 280,083 shares
- Nike NKEwas 0.57% · 302,320 shares
- Avidxchange Holdings AVDXwas 0.54% · 2.1 M shares
- Woodward WWDwas 0.54% · 82,427 shares
- Idex IEXwas 0.52% · 111,420 shares
- CSX CSXwas 0.52% · 592,799 shares
- Loar Holdings LOARwas 0.40% · 172,564 shares
- Northrop Grumman NOCwas 0.37% · 28,000 shares
- Owens Corning OCwas 0.36% · 97,261 shares
- CoreWeave CRWVwas 0.33% · 75,692 shares
- SmartStop Self Storage REIT SMAwas 0.32% · 328,428 shares
- Grupo Financiero Galicia GGALwas 0.31% · 228,252 shares
- ServiceTitan TTANwas 0.29% · 100,000 shares
- RTX RTXwas 0.28% · 71,795 shares
- ProCap Acquisition PCAPwas 0.27% · 357,012 shares
- Kraneshares Trust KWEBwas 0.27% · 293,404 shares
- Centuri Holdings CTRIwas 0.24% · 400,000 shares
- Western Digital WDCwas 0.23% · 134,323 shares
- Lowe's LOWwas 0.18% · 30,000 shares
- Titan America TTAMwas 0.16% · 476,406 shares
- Slide Insurance Holdings SLDEwas 0.14% · 250,000 shares
- Fortive FTVwas 0.14% · 100,000 shares
- Marex Group was 0.13% · 124,476 shares
- Equitable Holdings EQHwas 0.13% · 86,500 shares
- FedEx FDXwas 0.12% · 20,000 shares
- Aspen Insurance Holdings was 0.10% · 120,000 shares
- Rocket Companies RKTwas 0.09% · 250,000 shares
- Clearwater Analytics Holdings CWANwas 0.07% · 125,000 shares
- Hologic HOLXwas 0.07% · 39,137 shares
- Belden BDCwas 0.07% · 21,505 shares
- Ecovyst ECVTwas 0.06% · 286,674 shares
- Lightwave Acquisition LWACUwas 0.05% · 200,000 shares
- Mirion Technologies MIRwas 0.04% · 71,700 shares
- Nextpower NXTwas 0.04% · 25,000 shares
- Tesla TSLAwas 0.03% · 3,209 shares
- American Integrity Insurance Group AIIwas 0.02% · 40,000 shares
- Omada Health OMDAwas 0.02% · 35,000 shares
- Rubrik RBRKwas 0.02% · 6,672 shares
- Beta Bionics BBNXwas 0.01% · 25,000 shares
- Kestra Medical Technologies KMTSwas 0.01% · 15,000 shares
- Viatris VTRSwas 0.00% · 12,303 shares
- GRAB Holdings GRABwas 0.00% · 14,677 shares
One row per line of the filing (by CUSIP): share classes of the same company are listed separately here. “Change in shares” compares the count with the previous quarter, split-adjusted; the value is the one reported in the 13F at quarter end, not today's price.
Original documents: Soros Fund Management's 13F filings on EDGAR (SEC) ↗
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Source: 13F filings with the SEC. A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions. Not investment advice.