5 Best Stocks to Buy Now According to Billionaire George Soros

4. ViacomCBS Inc. (NASDAQ: VIAC)

Number of Hedge Fund Holders: 89

The media and entertainment company ViacomCBS Inc. (NASDAQ: VIAC) is the newcomer in Soros’ portfolio. His firm bought 4.3 million shares of ViacomCBS during the first quarter valued at around $194 million, accounting for 3.64% of the entire portfolio. Following a stunning rally in the first quarter, shares of Viacom plunged sharply last month. The company offers a dividend yield of 2.30% and its quarterly dividend is around $0.24 per share.

ViacomCBS experienced a significant increase in hedge fund activity during the first quarter. The number of hedge fund positions increased to 89 from 44 in the previous quarter.