Herbalife Ltd. (HLF), Polycom Inc (PLCM) Among Billionaire George Soros’ Top Small-Cap Stocks

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Soros held a total of 3.45 million shares of Herbalife Ltd. (NYSE:HLF) worth $147.45 million, the position unchanged from the previous reporting period. Herbalife has rebounded from a horrendous 2014 in which its shares lost more than 50% of their value, to post gains of 36% in 2015. Herbalife Ltd. (NYSE:HLF) surprised many people when it released its first quarter 2015 earnings, beating estimates by quite a wide margin, a development that saw the stock shoot up 15% in just hours after the announcement. For the first quarter, Herbalife posted $1.29 in earnings per share, easily beating the $1.01 projected by analysts. Herbalife also raised its financial year 2015 estimates to $4.30-$4.60 from the previous $4.10-$4.50. Carl Icahn of Icahn Enterprises is another notable billionaire investor with a large stake in Herbalife, while billionaire Bill Ackman is famously trying to short the stock.

Soros Fund Management held 10.80 million shares of Polycom Inc (NASDAQ:PLCM) valued at $144.76 million, a slight increase from the last reporting period. Polycom’s quarterly results showed $0.17 in earnings per share for the first quarter of 2015, which was short of what analysts were expecting by $0.05. Polycom Inc (NASDAQ:PLCM) is set to work extra hard to regain its lost share in North America, according to CEO Peter Leav. However, according to the company’s expectations, results won’t be felt in a single quarter or two. The company has ceded ground in the market to Cisco Systems, Inc. (NASDAQ:CSCO). In spite of the challenges faced by the company and its stock, its adjusted net income per share was $0.23, which was $0.02 higher than analyst estimates. Another billionaire who owns shares of the company is Glenn Russell Dubin of Highbridge Capital Management.

Disclosure: None

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