George Soros’ hedge fund takes new stake in Apple, sells off 90% of Alphabet holdings

“Soros Fund Management LLC, George Soros’ hedge fund, took new stakes in Apple Inc., Fitbit Inc., Netflix Inc., Nike Inc., Starbucks Corp., and Yahoo Inc. according to a regulatory filing submitted Monday,” Sure Chang reports for MarketWatch.

“Most of the new holdings were on a relatively small scale,” Chang reports, “ranging from 3,100 shares in Apple to 141,924 shares in Yahoo.”

Chang reports, “The fund also pared its stakes in several large companies and held 6,637 shares of Alphabet Inc. at the end of the first quarter compared with 65,570 at the end of the fourth quarter.”

Read more in the full article here.

MacDailyNews Take: All aboard!

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