Soros fund leans into Big Tech and AI plays - but parts ways with this banking giant

Dow Jones

15 Feb

MW Soros fund leans into Big Tech and AI plays - but parts ways with this banking giant

By Bill Peters

Soros Fund Management added to positions in Alphabet and Amazon during the fourth quarter

Soros Fund Management, the fund founded by billionaire investor George Soros, boosted its positions in tech plays in the fourth quarter, while selling off all of its shares in JPMorgan Chase & Co.

The investment firm acquired 813,491 shares of Google parent Alphabet Inc. $(GOOGL)$ $(GOOG)$ during the quarter, bringing its total stake to more than 1.3 million shares, it said in a regulatory filing. It also bumped higher its stakes in Amazon.com Inc. $(AMZN)$ and Uber Technologies Inc. $(UBER)$, and took a fresh position in Microsoft Corp. $(MSFT)$

And even as jet maker Boeing Co. $(BA)$ struggles, Soros Fund Management added a little to its stake in the company. It also bought more of sportswear giant Nike Inc. $(NKE)$, another company trying to turn itself around, and took new stakes in Alaska Air Group Inc. $(ALK)$, FedEx Corp. $(FDX)$ and Taiwan Semiconductor Manufacturing Co. Ltd. $(TSM)$ (TW:2330)

Along with JPMorgan $(JPM)$, the firm sold off stakes in Oracle Corp. $(ORCL)$, Peloton Interactive Inc. $(PTON)$ and 3M Co. $(MMM.AU)$

-Bill Peters

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

February 14, 2025 18:21 ET (23:21 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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It also bumped higher its stakes in Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>, and took a fresh position in Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>\n</p>\n<p>\n     And even as jet maker Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> struggles, <a class=\"promotion-word\" href=\"https://ttm.financial/U/4180166186786772\">Soros</a> Fund Management added a little to its stake in the company. It also bought more of sportswear giant Nike Inc. <a href=\"https://laohu8.com/S/NKE\">$(NKE)$</a>, another company trying to turn itself around, and took new stakes in Alaska Air Group Inc. <a href=\"https://laohu8.com/S/ALK\">$(ALK)$</a>, FedEx Corp. <a href=\"https://laohu8.com/S/FDX\">$(FDX)$</a> and Taiwan Semiconductor Manufacturing Co. Ltd. <a href=\"https://laohu8.com/S/TSM\">$(TSM)$</a> (TW:2330) \n</p>\n<p>\n     Along with JPMorgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a>, the firm sold off stakes in <a href=\"https://laohu8.com/S/OCLCF\">Oracle Corp.</a> <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, Peloton Interactive Inc. <a href=\"https://laohu8.com/S/PTON\">$(PTON)$</a> and <a href=\"https://laohu8.com/S/MMM\">3M</a> Co. <a href=\"https://laohu8.com/S/MMM.AU\">$(MMM.AU)$</a>\n</p>\n<p>\n     -Bill Peters \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 14, 2025 18:21 ET (23:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Soros fund leans into Big Tech and AI plays - but parts ways with this banking giant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n<a class=\"promotion-word\" href=\"https://ttm.financial/U/4180166186786772\">Soros</a> fund leans into Big Tech and AI plays - but parts ways with this banking giant\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-15 07:21</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW <a class=\"promotion-word\" href=\"https://ttm.financial/U/4180166186786772\">Soros</a> fund leans into Big Tech and AI plays - but parts ways with this banking giant\n</p>\n<p>\n  By Bill Peters \n</p>\n<p>\n     <a class=\"promotion-word\" href=\"https://ttm.financial/U/4180166186786772\">Soros</a> Fund Management added to positions in Alphabet and Amazon during the fourth quarter \n</p>\n<p>\n     <a class=\"promotion-word\" href=\"https://ttm.financial/U/4180166186786772\">Soros</a> Fund Management, the fund founded by billionaire investor <a class=\"promotion-word\" href=\"https://ttm.financial/U/4180166186786772\">George Soros</a>, boosted its positions in tech plays in the fourth quarter, while selling off all of its shares in JPMorgan Chase & Co. \n</p>\n<p>\n     The investment firm acquired 813,491 shares of Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> <a href=\"https://laohu8.com/S/GOOG\">$(GOOG)$</a> during the quarter, bringing its total stake to more than 1.3 million shares, it said in a regulatory filing. It also bumped higher its stakes in Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>, and took a fresh position in Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>\n</p>\n<p>\n     And even as jet maker Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> struggles, Soros Fund Management added a little to its stake in the company. It also bought more of sportswear giant Nike Inc. <a href=\"https://laohu8.com/S/NKE\">$(NKE)$</a>, another company trying to turn itself around, and took new stakes in Alaska Air Group Inc. <a href=\"https://laohu8.com/S/ALK\">$(ALK)$</a>, FedEx Corp. <a href=\"https://laohu8.com/S/FDX\">$(FDX)$</a> and Taiwan Semiconductor Manufacturing Co. Ltd. <a href=\"https://laohu8.com/S/TSM\">$(TSM)$</a> (TW:2330) \n</p>\n<p>\n     Along with JPMorgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a>, the firm sold off stakes in <a href=\"https://laohu8.com/S/OCLCF\">Oracle Corp.</a> <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, Peloton Interactive Inc. <a href=\"https://laohu8.com/S/PTON\">$(PTON)$</a> and <a href=\"https://laohu8.com/S/MMM\">3M</a> Co. <a href=\"https://laohu8.com/S/MMM.AU\">$(MMM.AU)$</a>\n</p>\n<p>\n     -Bill Peters \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 14, 2025 18:21 ET (23:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2360032135.SGD","symbol_name":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2511649382","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511649382","pubTimestamp":1739575260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Soros Fund Management added to positions in Alphabet and Amazon during the fourth quarter. Soros Fund Management, the fund founded by billionaire investor George Soros, boosted its positions in tech plays in the fourth quarter, while selling off all of its shares in JPMorgan Chase & Co.The investment firm acquired 813,491 shares of Google parent Alphabet Inc.   during the quarter, bringing its total stake to more than 1.3 million shares, it said in a regulatory filing. It also bumped higher its stakes in Amazon.com Inc.  and Uber Technologies Inc. , and took a fresh position in Microsoft Corp. . And even as jet maker Boeing Co.  struggles, Soros Fund Management added a little to its stake in the company. It also bought more of sportswear giant Nike Inc. , another company trying to turn itself around, and took new stakes in Alaska Air Group Inc. , FedEx Corp.  and Taiwan Semiconductor Manufacturing Co. Ltd.  . Along with JPMorgan , the firm sold off stakes in Oracle Corp. , Peloton Inte","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","BK4587":"ChatGPT概念","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","MSFT":"微软","LU1732800096.USD":"摩根大通环球收益基金A (irc)","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","BK4220":"综合零售","NKE":"耐克","GOOG":"谷歌","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","GOOGL":"谷歌A","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU0894485498.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) ACC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","UBER":"优步","FDX":"联邦快递","LU0251142724.SGD":"Fidelity America A-SGD","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","USAW.SI":"AMZN 3xLongSG261006","BA":"波音","USJW.SI":"ALPHAB 3xLongSG261006","ALK":"阿拉斯加航空集团有限公司","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","AMZN":"亚马逊","MMM":"3M","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","TSM":"台积电","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","PTON":"Peloton Interactive, Inc.","BK4567":"ESG概念","03145":"华夏亚洲高息股"},"translate_title":"索罗斯基金倾向于大型科技和人工智能业务，但与这家银行业巨头分道扬镳","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALK":0.9,"MMM":0.9,"MSFT":0.9,"NKE":0.9,"PTON":0.9,"TSM":0.9,"GOOGL":0.9,"GOOG":0.9,"UBER":0.9,"FDX":0.9,"BA":0.9,"AMZN":0.9,"USJW.SI":0.6,"03145":0.6,"USAW.SI":0.6},"content_text":"MW Soros fund leans into Big Tech and AI plays - but parts ways with this banking giant\n\n\n  By Bill Peters \n\n\n     Soros Fund Management added to positions in Alphabet and Amazon during the fourth quarter \n\n\n     Soros Fund Management, the fund founded by billionaire investor George Soros, boosted its positions in tech plays in the fourth quarter, while selling off all of its shares in JPMorgan Chase & Co. \n\n\n     The investment firm acquired 813,491 shares of Google parent Alphabet Inc. $(GOOGL)$ $(GOOG)$ during the quarter, bringing its total stake to more than 1.3 million shares, it said in a regulatory filing. It also bumped higher its stakes in Amazon.com Inc. $(AMZN)$ and Uber Technologies Inc. $(UBER)$, and took a fresh position in Microsoft Corp. $(MSFT)$\n\n\n     And even as jet maker Boeing Co. $(BA)$ struggles, Soros Fund Management added a little to its stake in the company. It also bought more of sportswear giant Nike Inc. $(NKE)$, another company trying to turn itself around, and took new stakes in Alaska Air Group Inc. $(ALK)$, FedEx Corp. $(FDX)$ and Taiwan Semiconductor Manufacturing Co. Ltd. $(TSM)$ (TW:2330) \n\n\n     Along with JPMorgan $(JPM)$, the firm sold off stakes in Oracle Corp. $(ORCL)$, Peloton Interactive Inc. $(PTON)$ and 3M Co. $(MMM.AU)$\n\n\n     -Bill Peters \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 14, 2025 18:21 ET (23:21 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}