Soros Shorts the S&P500, Buys Apple

Posted by Julia La Roche for Business Insider

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“It Appears George Soros Has Made A Huge Bearish Bet

Billionaire George Soros’ family office hedge fund, Soros Fund Management, filed its 13F quarterly report with the Securities and Exchange Commission yesterday. 

As Marketwatch reporter Barbara Kollmeyer points out, one interesting highlight from Soros’ filing is that he bought a bunch of puts on the SPDR S&P 500 ETF in Q2.

It’s his biggest holding in the filing.

During the second quarter ended June 30, Soros held 26,157 shares of SPDR S&P 500 and call options on 143,600 shares and put options on 7,802,400 shares in the ETF.”

….you can read more on the 13F filing HERE including what he held last quarter. 

Ed Note: Keep in mind two things when analysing these figures. Soros also disclosed that he bought 66,800 Apple shares @ $499.23, further that 13F filings do not require the disclosure of short positions, fund managers only have to disclose their long positions.