In the current round of 13F filings, hedge funds and other institutional investors are disclosing their equity portfolios as held at the end of the last year. In its latest 13F, George Soros‘ Soros Fund Management has disclosed its holdings as held at the end of the fourth quarter of 2013. The total value of the fund’s equity portfolio increased to around $11.77 billion in the fourth quarter from about $9.14 billion disclosed at the end of the third quarter.
We have picked Soros Fund Management’s top five holdings in terms of value that the fund held in its equity portfolio at the end of last year.
First on the list is Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA), in which the fund owns 9.32 million shares, with a reported value of $373.39 million. The holding increased surged from 3.61 million shares, held at the end of third quarter. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA), an Israel based company, develops, produces and markets generic drugs in all treatment categories.
The next is Herbalife Ltd. (NYSE:HLF), in which the fund trimmed its stake to 3.21 million shares, from 5.04 million shares held at the end of September 2013. The value of the current holding has come down to $252.28 million from $351.58 million.
On the third spot is FedEx Corporation (NYSE:FDX), Soros disclosing a $232.78 million stake, which contains 1.62 million shares, up from 1.52 million shares held at the end of the previous quarter.
In November, Third Point, managed by Dan Loeb, revealed in an interview, holding shares of FedEx Corporation (NYSE:FDX). In its latest 13F, the fundm revealed owning 2.50 million shares of FedEx Corporation, worth $359.43 million.
The next on the list is Halliburton Company (NYSE:HAL), in which George Soros has doubled his holding to 4.54 million shares, compared to 2.23 million shares held at the end of the previous quarter. The value of the current holding increased to $230.24 million compared to $107.13 million at the end of the third quarter.
EQT Corporation (NYSE:EQT), is the fifth largest holding, in which Soros Fund Management boosted its holding to 2.49 million shares from 1.86 million shares held at the end of the third quarter. The reported value has thus, significantly increased to $223.75 million from $164.95 million.