SAN FRANCISCO (AFX) – Billionaire George Soros’ investment fund reported major increases in holdings of Microsoft Corp and Motorola Inc.
Soros Fund Management LLC reported an increase in ownership of software giant Microsoft to about 1.85 mln shares in the quarter ended Sept 30, compared with 790,000 shares in the previous quarter, in its quarterly filing with the SEC.
Soros also reported owning almost 633,000 Motorola shares, up from 55,200 in the previous quarter.
Overall, the company reported a 2.6 bln usd portfolio of securities for the quarter ended Sept 30. That figure is up 44 pct from the previous quarter’s report of about 1.81 bln usd, according to SEC filings.
In health-related stocks, the portfolio reported owning 43,000 Pfizer Inc shares, compared with almost 250,000 the previous quarter.
The fund also reported owning almost 378,000 UnitedHealth Group Inc shares, up from 19,300 the previous quarter.
Company spokesmen weren’t available Monday night to explain the holdings shifts.
This story was supplied by MarketWatch. For further information see www.marketwatch.com.