Billionaire George Soros’ Top Picks and Notable Moves Ahead of 2017

Adecoagro SA (NYSE:AGRO)

– Shares Held By Soros Fund Management (as of December 31): 11.92 Million

– Value of The Holding (as of December 31): $123.7 Million

Adecoagro SA (NYSE:AGRO) has been a part of Soros Fund Management’s portfolio since the first quarter of 2011. And, although the fund made no changes to its stake in the company during the fourth quarter of 2016, it still has reasons to be pleased with itself considering that Adecoagro SA (NYSE:AGRO)’s has appreciated by almost 22% since the beginning of 2017.  While most analysts who track the stock think that it is reasonably priced right now, some of them are of the view that it still has further upside left because its trading at a discount when compared to other Latin American farming/farmland companies.

Liberty Broadband Corp (NASDAQ:LBRDK)

– Shares Held By Soros Fund Management (as of December 31): 8.32 Million

– Value of The Holding (as of December 31): $616.47 Million

While Soros Fund Management lowered its stake in Liberty Broadband Corp (NASDAQ:LBRDK) by 6% during the last three months of 2016, the company still remained the fund’s top pick heading into 2017. Liberty Broadband Corp (NASDAQ:LBRDK) is basically a holding company that owns stakes in several entities, most notably Charter Communications, Inc. (NASDAQ:CHTR). In the last year, shares of Liberty Broadband Corp have advanced by over 80% owing to the value of its holdings rising significantly and also due to the news that Verizon Communications Inc. (NYSE:VZ) might be interested in acquiring Charter Communications. However, most market experts have dismissed the possibility of such a deal citing the regulatory hurdles it would face.

Disclosure: None